Unlock the charm and potential of Old Town Key West living! Tucked away in the heart of Old Town, just a few blocks from world-famous Duval Street, 732 Olivia Street offers a rare opportunity to own a charming piece of Key West history. This one-bedroom, one-bath cottage with a versatile loft has been lovingly held by the same owner for over 45 years. Situated on a generous sized lot, the property invites you to bring your vision and create your own island retreat. Whether you're dreaming of a cozy getaway or a full renovation, the potential here is undeniable. Adding to the appeal, the home includes a 1/10 ownership in a shared 10-space parking area, conveniently accessible through the rear gate. Located in the desirable X flood zone, this home combines historic charm, prime location, and unique perks, making it an exceptional find in the heart of Key West. Don't miss out, schedule your private showing today and start your next chapter in Key West!