For sale

Price cut: $61.5K (4/16)

$1,169,500

609 Margaret St, Key West, FL 33040

3beds

1,017sqft

Est.:

Single Family Residence

Built in 1929

2,178 Square Feet Lot

$-- Zestimate^®

$1,150/sqft

$-- HOA

What's special

Timeless island feelThree-bedroom two bath residenceSpacious deckExceptional outdoor living

Charming remodeled 1929 Old Town Key West home on iconic Margaret Street, offering privacy, new impact windows & doors, flooring and timeless island feel. Set back from the street, this three-bedroom, two bath residence feels like a peaceful retreat while remaining close to Duval Street and the historic seaport. The outdoor living space features a beautiful pool and spa area surrounded by a spacious deck, perfect for relaxing and entertaining. A small separate pool house with a half bath adds convenience and flexibility (not included in square footage). A rare opportunity to enjoy classic Key West charm with exceptional outdoor living in a prime location.

126 days

2,105

149

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Cooling

Central Air, Ceiling Fans(s)

Appliances

Included: Dishwasher, Stainless Steel Appliance(s), Disposal, Oven, Refrigerator

Features

Dade County Pine, Quartz Countertops, Storage
Flooring: Laminate
Doors: Sliding Glass Doors, Impact Rstnce Doors
Windows: Impact Rstnce Window, Aluminum Frames

Interior area

Total interior livable area: 1,017 sqft

Video & virtual tour

Property

Features

Levels: Two
Stories: 2
Patio & porch: Open Porch/Balcony, Deck
Exterior features: Storage
Has private pool: Yes
Pool features: In Ground, Decked, Concrete
Fencing: Fenced,Privacy
Water view: None
Waterfront features: None, Dockage: None

Lot

Size: 2,178 Square Feet
Features: Less Than 1/4 Acre

Details

Additional structures: Detached Guest Qtrs
Parcel number: 00011280000100
Zoning: HHDR
Zoning description: Historic High Density Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Conch
Property subtype: Single Family Residence

Materials

Frame
Roof: Metal

Condition

Year built: 1929

Utilities & green energy

Sewer: Municipal Sewer, Public Sewer
Utilities for property: FKAA

Green energy

Energy efficient items: Lighting

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Old Town - Unrecord (1.0)

HOA

Has HOA: No
Services included: None

Location

Region: Key West

Financial & listing details

Price per square foot: $1,150/sqft
Tax assessed value: $1,181,488
Annual tax amount: $7,921
Date on market: 1/17/2026
Listing terms: Cash,VA Loan,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/16/2026	Price change	$1,169,500-5%$1,150/sqft
Source: Key West AOR #618170 Report a problem
3/13/2026	Price change	$1,231,000-4.9%$1,210/sqft
Source: FLKMLS #618170 Report a problem
2/10/2026	Price change	$1,295,000-7.2%$1,273/sqft
Source: FLKMLS #618170 Report a problem
1/17/2026	Listed for sale	$1,395,000+40.2%$1,372/sqft
Source: Key West AOR #618170 Report a problem
5/25/2023	Listing removed	--
Source: FLKMLS #603542 Report a problem
3/6/2023	Price change	$995,000-9.5%$978/sqft
Source: Key West AOR #603542 Report a problem
12/27/2022	Listed for sale	$1,100,000+81.8%$1,082/sqft
Source: Key West AOR #603542 Report a problem
2/23/2004	Sold	$605,000+108.6%$595/sqft
Source: FLKMLS #93127 Report a problem
7/31/2002	Sold	$290,000-3%$285/sqft
Source: FLKMLS #91623 Report a problem
2/8/2002	Sold	$299,000$294/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,922 +7.2%	$734,260 +10%
2024	$7,392 +5.3%	$667,509 +10%
2023	$7,017 +22.3%	$606,826 +10%
2022	$5,736 +19%	$551,660 +10%
2021	$4,819 +6.3%	$501,509 +6.5%
2020	$4,533	$470,710 +3.9%
2019	$4,533 +2.8%	$452,910 +5%
2018	$4,411 +2.7%	$431,336 -0.6%
2017	$4,297 -2.1%	$433,873 -5.2%
2016	$4,390 -9.5%	$457,559 +2.3%
2015	$4,853	$447,311

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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