738 Olivia Street, Key West, FL 33040

$1,100,000

Virtual Tour

https://www.zillow.com/view-imx/1cab9737-032d-4c0b-b093-980c855cdd89?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 767 Lot Size (sq. ft.): 2,371 Status: Active

Current Price: $1,100,000 List Date: 5/20/2026 Last Modified: 6/03/2026

Overview

Description

Charming Old Town Retreat in X Flood Zone! Step into island living with this beautifully renovated 1-bedroom, 1.5-bath home, plus sleeping loft and cabana, in the heart of Old Town Key West. Thoughtfully updated with quartz countertops, custom wood cabinetry, and top-of-the-line stainless steel appliances, this home seamlessly blends modern comfort with historic charm. A cozy sleeping loft offers extra space for guests or lounging, while a separate structure on the property can serve as a studio, guest room, or private cabana. Nestled on a generously sized lot in the desirable X flood zone, this home also conveys with a 1/10 interest in a private parking lot behind the residence—a rare Key West perk! Don't miss your chance to own a versatile and stylish island escape in one of Key West's most sought-after neighborhoods.

Listing Details MLS# 617909

Location, Tax & Legal

Street #: 738
Street Name: Olivia
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Carletons Compound (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: 0.2 PCT ANNUAL CHANC
Alternate Key #: 1021296
Parcel #: 00020550-000000
Zoning: HDR - High Density Residential
Deed Restrictions: Unknown
Legal: LOT 6 KW CARLETONS COMPOUND PB5-58 & 1/10TH INT PRIVATE ROAD OR303-89/90 OR547-827 OR612-603 OR613-594 OR961-2164 OR1052
Taxes: 3076.92
Tax Year: 2025
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Key West Association
As is Rght to Inspct: Yes

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: No
Year Built: 1933
Lot SqFt: 2371
Lot Sqft Source: Tax Records
Acres: 0.05
Living Apx SqFt: 767
SqFt Source: Tax Records
Total Bedrooms: Yes
Full Baths: Yes
Half Baths: Yes
Total Baths: 2
Rentals Allowed: Yes
Min Rental Days: 28
Control Depth: 0
Total Units: 0

Status Change Info

Contingent: None

Association Info

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

Building Style

Above Flood: Yes
Conch: Yes

More Information

Financial Status

Standard Sale: Yes

Remarks & Misc

Remarks – Consumer: Charming Old Town Retreat in X Flood Zone! Step into island living with this beautifully renovated 1-bedroom, 1.5-bath home, plus sleeping loft and cabana, in the heart of Old Town Key West. Thoughtfully updated with quartz countertops, custom wood cabinetry, and top-of-the-line stainless steel appliances, this home seamlessly blends modern comfort with historic charm. A cozy sleeping loft offers extra space for guests or lounging, while a separate structure on the property can serve as a studio, guest room, or private cabana. Nestled on a generously sized lot in the desirable X flood zone, this home also conveys with a 1/10 interest in a private parking lot behind the residence—a rare Key West perk! Don't miss your chance to own a versatile and stylish island escape in one of Key West's most sought-after neighborhoods.

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes

Pets

Pets Allowed: Yes

Cooling

Wall/Window Unit(s): Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Floor

Laminate: Yes
Tile: Yes

Interior Features

Cathedral Ceilings: Yes
Pantry: Yes

Specialty Rooms

Loft: Yes

Windows/Doors

Impact Rstnce Window: Yes

Vehicle Storage

Assigned Parking: Yes
Off Street Parking: Yes

Construction

Frame: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Unfurnished: Yes

Utilities

FKAA: Yes
Municipal Sewer: Yes

Porch/Balcony

Open Porch/Balcony: Yes

Exterior Features

Fencing: Yes

Roof

Metal Roof: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Building Style: Conch Vehicle Storage: Assigned Parking; Off Street Parking Furnished: Unfurnished Cooling: Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer Interior Features: Cathedral Ceilings; Pantry Specialty Rooms: Loft Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Fencing Construction: Frame Floor: Laminate; Tile Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre

Listing Office: Island Life Realty Experts

Last Updated: June - 03 - 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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