621 Elizabeth Street, Key West, FL 33040

$1,625,000

pathway to courtyard/pool & back cottage

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,594 Lot Size (sq. ft.): 2,500 Status: Closed

Current Price: $1,625,000 List Date: 2/16/2026 Last Modified: 4/20/2026

Overview

Description

This gorgeous two-cottage property is located at the top of Solares Hill in the heart of Old Town Key West and offers exceptional flexibility along with strong rental and income potential. The lovely main house sits at the front of the property and features a main-floor primary bedroom and bath, an open living and dining area with vaulted ceilings, and central air. Stairs lead to a second bedroom at the rear of the home, while an open loft at the front provides ample storage. The kitchen showcases white and gray quartz countertops with stainless steel appliances. Both the kitchen and the main-floor bedroom open to a back deck overlooking the pool and tranquil water features, creating a private oasis ideal for seating, dining, and lounging. A pathway along the pool leads to the charming guest cottage, which offers its own private patio and French doors opening to a first-floor living space with dining area and breakfast bar. A spiral staircase leads to the oversized second-floor bedroo ... (Read more)

Listing Details MLS# 618032

Location, Tax & Legal

Street #: 621
Street Name: Elizabeth
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: X
Alternate Key #: 1012211
Parcel #: 00011890-000000
Zoning: HDR - High Density Residential
Deed Restrictions: Unknown
Legal: KW PT LOT 4 SQR 59 V-549 OR98-486/88 OR328-495/96 OR518-876 OR801-569 OR806-831/32 OR1249-1 OR1295-1598 OR1738-2005/06 O
Taxes: 8444.8
Tax Year: 2025
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Key West Association

General Property Description

Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: No
Pool: Yes
Year Built: 1933
Lot SqFt: 2500
Acres: 0.06
Living Apx SqFt: 1594
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Rentals Allowed: Yes
Control Depth: 0
Total Units: 0

Status Change Info

Under Contract Date: 2026-02-25
Sold Date: 2026-04-20
Sold Comments: Thank you Mitzi

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0

Building Style

Above Flood: Yes
Stories: 2 Stories

More Information

Remarks & Misc

Remarks – Consumer: This gorgeous two-cottage property is located at the top of Solares Hill in the heart of Old Town Key West and offers exceptional flexibility along with strong rental and income potential. The lovely main house sits at the front of the property and features a main-floor primary bedroom and bath, an open living and dining area with vaulted ceilings, and central air. Stairs lead to a second bedroom at the rear of the home, while an open loft at the front provides ample storage. The kitchen showcases white and gray quartz countertops with stainless steel appliances. Both the kitchen and the main-floor bedroom open to a back deck overlooking the pool and tranquil water features, creating a private oasis ideal for seating, dining, and lounging. A pathway along the pool leads to the charming guest cottage, which offers its own private patio and French doors opening to a first-floor living space with dining area and breakfast bar. A spiral staircase leads to the oversized second-floor bedroom with ensuite bath, filled with beautiful soft natural light. The cottage is ideal as a guest house, long-term rental, or income-producing vacation rental, while the main home can also generate rental income or be owner-occupied for flexible living arrangements. The main house received new impact windows and upgraded plumbing and electrical and a new structural beam in 2019, new siding in 2022, and a full exterior repaint in 2025. The cottage was taken down to the studs and fully renovated in 2020. The pool with water feature was added in 2020 along with new walkways and thoughtfully designed landscaping. Both homes have new roofs installed in 2019, on-demand water heaters, separate washers and dryers, and are being sold turn-key, artwork excluded—making this a move-in ready property with immediate income potential in one of Key West's most desirable locations.
Directions: On Elizabeth Street between Southard and Angela/Windsor/Elizabeth intersection.

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

Homestead: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes
Ductless: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Interior Features

Cathedral Ceilings: Yes
Dade County Pine: Yes

Property Condition

Updated/Remodeled: Yes

Windows/Doors

French Doors: Yes

Construction

Frame: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Furnished: Yes

Utilities

Elect Separate Meter: Yes
FKAA: Yes
Municipal Sewer: Yes

Porch/Balcony

Deck: Yes
Open Porch/Balcony: Yes
Patio: Yes

Pool Info

In Ground: Yes
Concrete: Yes

Roof

Metal Roof: Yes

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Furnished: Furnished Cooling: Ceiling Fans(s); Central Air; Ductless Utilities: Elect Separate Meter; FKAA; Municipal Sewer Interior Features: Cathedral Ceilings; Dade County Pine Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Refrigerator; Washer Pool Info: In Ground; Concrete Construction: Frame Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre

Listing Office: Truman & Co. (KW)

Last Updated: April - 20 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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