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1223 Margaret Street UNIT 4
Key West FL 33040 US

$2,949,000

Active Listing ID 617658
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4 bed
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5.00 Bath (4 Full , 1 Half)
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Lot: 0.08 Acres
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Single Family Residence

$2,949,000

Active Listing ID 617658
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1223 Margaret Street UNIT 4 Turnkey Old Town Key West Luxury - Pool, Guest Cottage & Parking Escape to paradise in this exquisite 2412sf 3 story home located in Old Town Key West not far from the Casa Marina area. A rare blend of historic charm and luxury, this fully furnished, turnkey property invites you to live the island dream or step into a ready-to-go monthly vacation rental opportunity. Inside, discover airy open living spaces filled with natural light, high ceilings, and elegant finishes. The kitchen boasts stainless steel appliances, custom cabinetry, and a spacious layout perfect for entertaining. Each of the three bedrooms features a private en-suite bath, with an additional half bath for guests. The primary master suite located on its own floor offers a flexible bonus room--ideal as a 4th bedroom, home office, or private retreat. Step outside to your private resort-style oasis. Lounge by the in-ground concrete heated pool, with hot tub and water fall feature, relax on the front and back porches, or stroll the brick-paved path thru lush tropical landscaping. The property is fully fenced with a white picket fence offering charm and character as well as for privacy. Has an off-street parking spot in the back as well as off street parking in the front and guest parking on the side, a luxury in Old Town. The guest cottage provides a perfect hideaway with its own full bathroom and multifunctional living/bedroom setup perfect for a futon or Murphy bed--ideal for guests, remote work, or rental flexibility. Four cruiser bikes are included for effortless island exploration. Just steps from fine dining, world-class beaches, and vibrant Duval Street, this home delivers the perfect balance of luxury, convenience, and investment potential. Live the ultimate Key West lifestyle--move in, relax, and start earning from day one.

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 4
  • 1/2 Bathrooms: 1
  • Cooling System: Ceiling Fan(s)
  • Exterior Finish: Fencing, Water Display, Privacy Wall/Fence, Lighting, Detached Guest Qtrs
  • Floor Covering: Tile, Wood
  • Roof Type: Metal

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 2949000
  • unparsedaddress: 1223 Margaret Street
  • unitnumber: UNIT 4
  • postalcity: Key West
  • stateorprovince: FL
  • country: US
  • postalcode: 33040
  • bathroomsfull: 4
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.08
  • lotsizeunits: Acres
  • lotsizearea: 0.08
  • livingarea: 2412
  • livingareaunits: Square Feet
  • latitude: 24.551422
  • longitude: -81.792343
  • listagentfullname: Stacey Nash Pillari
  • listagentemail: stacey@keysrealestate.com
  • listagentkey: 3yd-KWARFL-20181029182447771172000000
  • listagentmlsid: 20181029182447771172000000
  • listagentpreferredphone: 3052945155
  • listagentofficephone: 3052945155
  • listofficekey: 3yd-KWARFL-20070803221344494963000000
  • listagentstatelicense: SL3426914
  • listofficemlsid: 20070803221344494963000000
  • disclaimer: Copyright © 2025 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KWARFL
  • yearbuilt: 1999
  • listagenturl: http://www.keysrealestate.com/
  • countyorparish: Monroe
  • parcelnumber: 00029650-000104
  • appliances: Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
  • cooling: Ceiling Fan(s)
  • constructionmaterials: Frame
  • flooring: Tile, Wood
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • parkingfeatures: Guest
  • roof: Metal
  • view: Water
  • waterfrontyn: False
  • franchiseaffiliation: Berkshire Hathaway HomeServices
  • interiorfeatures: Split Bedroom, Window Treatments, Built-in Cabinets, Storage, Smoke Alarms, Entrance Foyer
  • exteriorfeatures: Fencing, Water Display, Privacy Wall/Fence, Lighting, Detached Guest Qtrs
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced, Privacy
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.79234, 24.551422
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[{"ExpenseCategory":"Home Owner Assessments Fee", "ExpenseFrequency":"Annually", "ExpenseValue":500}], "GeocodeOptions":null, "LeadRoutingEmail":"susan@keysrealestate.com", "ListBrokerageCity":"Key West", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@keysrealestate.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/KWARFL/060114707e9011e1b78c12313904e194/20190802195037982.png", "ListBrokerageName":"Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty", "ListBrokeragePhone":"305-294-5155", "ListBrokeragePostalCode":"33040", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"336 Duval St", "ListBrokerageWebsiteUrl":"http://www.keysrealestate.com", "ListOfficeAddress1":"336 Duval St.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20110223211150165049000000", "ListOfficeCity":"Key West", "ListOfficeCountry":"US", "ListOfficeEmail":"info@keysrealestate.com", "ListOfficePostalCode":"33040", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential - Single Family - Key West, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1223-Margaret-St-4_Key-West_FL_33040_M60671-31607?f=listhub&s=KWARFL&m=617658&c=rexren", "MLSModificationTimestamp":"2025-12-10T10:08:33Z", "Neighborhoods":[{"Description":null, "Name":"02 - Key West"}], "PostalCode":null, "RawPropertySubType":"Residential - Single Family", "RawPropertyType":"Residential", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":13647.75, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/10/2025 5:05:13 PM GMT
Source Updated Date: 12/16/2025 6:46:38 PM GMT

Courtesy of: Stacey Nash Pillari, Berkshire Hathaway HomeServices Knight & Gardner Realty, stacey@keysrealestate.com

Copyright © 2025 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.