1503 Johnson Street, Key West, FL 33040

$1,950,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,690 Lot Size (sq. ft.): 5,280 Status: Active
Current Price: $1,950,000 List Date: 1/23/2026 Last Modified: 6/09/2026

Description

Welcome to 1503 Johnson Street, a turnkey luxury retreat in the heart of Key West's coveted Midtown neighborhood, just four blocks from the Atlantic. Set behind a fully fenced corner lot draped in mature tropical landscaping, this exceptional three-bedroom, three-bathroom residence delivers the privacy, polish, and income potential that today's discerning buyer demands. From the moment you arrive, the resort atmosphere is unmistakable. Inside, soaring vaulted ceilings, French doors, and a thoughtfully designed split floor plan create an effortless flow between spaces. Custom Closets, a fully reimagined kitchen with quartz countertops, coordinated backsplash, and professional Café appliances, and whole home, remote controlled electric blinds reflect a level of finish that sets this property apart. Outside, the wrap-around patio and heated and chilled pool with water feature create an outdoor living experience guests pay a premium for, as evidenced by documented monthly rental income of $16,000 to $25,000. Mature palms, curated tropical plantings, and luxury outdoor furnishings, all included, complete the picture. For the practical buyer, every box is checked: whole-house generator, new roof, dedicated private parking with room for a trailer, two exterior storage units, and an additional outdoor shed with freezer. Nothing has been overlooked. This is a rare opportunity to acquire a fully improved, income-producing Key West property with everything already in place. Offered turnkey and priced to sell.

Open Houses

Friday, June 12, 4:30 pm - 6:30 pm

More Information MLS# 618284

Contract Information

Current Price: $1,950,000 Listing Date: 2026-01-23 Listing Board: Key West Association List Price: $1,950,000 As is Rght to Inspct: Yes Species List: No

Location Tax Legal

Street #: 1503 Street Name: Johnson Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: New Town - Unlisted (2.0) Area: 03 - Key West

General Property Description

Realtor.COM Type: Residential - Single Family Style: Single Family Waterfront: No Pool: Yes Year Built: 1958 Total Units: 1 Lot Size: 60 X 88 Lot SqFt: 5280 Acres: 0.12 Living Apx SqFt: 1690 SqFt Source: Tax Records Total Bedrooms: 3 Full Baths: 3 Total Baths: 3 Rentals Allowed: With Restrictions Min Rental Days: 29

Status Change Info

Status: Active

Association Info

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

Building Style

Above Flood: No Stories: 1 Story

Pool Info

Heated: Yes

Financial Status

Standard Sale: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Vehicle Storage: Off Street Parking Furnished: Furnished Cooling: Central Air Utilities: FKAA; Propane; Whole House Generatr Interior Features: Drapes/Blinds Incl; Quartz Countertops; Sky Light(s); Smoke Alarms; Storage; Window Treatments Specialty Rooms: Laundry Room Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Appliances; Ice Machine; Microwave; Oven; Refrigerator; Washer Exterior Features: Fencing; Lighting Accessibility Feat: Parking Pool Info: In Ground; Salt Water Construction: CBS Shutters: Roll Down Electric Floor: Tile Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA Title: Negotiable GF-Interior Features: LED Lighting; Programmable Thermst; Tankless Hot Wtr Htr

Room Information

Bedroom 1 Level: Main Bedroom 2 Level: Main Bedroom 3 Level: Main Dining Room Level: Main Kitchen Level: Main Living Room Level: Main Full Bathroom Level: Main Half Bathroom Level: Main Half Bathroom Level: Main Other Room Level: Main Remarks: Laundry
Listing Office: Coldwell Banker Schmitt Real Estate Co. (KW)
Last Updated: June - 09 - 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.