1216 Margaret Street, Key West, FL 33040

$1,400,000
Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 1,636 Lot Size (sq. ft.): 4,278 Status: Closed
Current Price: $1,400,000 List Date: 9/09/2020 Last Modified: 4/27/2026

Description

*Property is in process of being converted so that units can be sold separately* Don't miss this rare opportunity to own a Duplex in Old Town, X-Flood Zone. Meet the new island twins, '' Island Retreat'' and ''Island Hideaway''. With 2 off street parking spots, private tropical courtyards, and not 1, but 2 private pools! Both homes are fully renovated, restored with love and expanded with new construction under architectural supervision, done with perfection and master craftsmanship. Each unit has 2 bedrooms and 2.5 bathrooms featuring 13' vaulted ceilings, custom cabinetry, high-end finishes, central A/C, impact sliding doors & windows, oak floors, quartz, custom tiles, metal roof and pool with superior pebbletec finish. Both properties come fully-furnished and are turn-key.

More Information MLS# 592466

Contract Information

Current Price: $1,400,000 Listing Date: 2020-09-09 Listing Board: Key West Association Sold Price: $1,400,000

Location Tax Legal

Street #: 1216 Street Name: Margaret Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Investment Co Sub (1.0) Area: 02 - Key West

General Property Description

Realtor.COM Type: Multi-family Style: Duplex Waterfront: No Pool: Yes Year Built: 1943 Total Units: 2 Lot SqFt: 4278 Acres: 0.1 Living Apx SqFt: 1636 SqFt Source: Property Data Card Total Bedrooms: 4 Full Baths: 4 Half Baths: 2 Total Baths: 6 Rentals Allowed: With Restrictions Min Rental Days: 28

Status Change Info

Under Contract Date: 2020-10-25 Sold Date: 2021-01-13 Sold Price: $1,400,000 Sold Comments: Thank You Leila. Status: Closed

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

License Info

# of City License: 2

Building Style

Above Flood: Unknown

Vehicle Storage

Car(s): 2

Pool Info

Heated: Yes Other Material: PebbleTec

Property Features

Fee Includes: None Tax Exemptions: None License Info: Non Trans Rntl Lic Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Ground Level Vehicle Storage: Off Street Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air; Heat Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Cathedral Ceilings; Quartz Countertops Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Fencing; Lighting; Outdoor Shower; Privacy Wall/Fence Pool Info: In Ground; Decked Construction: CBS; Combo Construction Floor: Wood Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA
Listing Office: Vacasa Florida, LLC
Last Updated: April - 27 - 2026
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