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Major price improvement! The Grand Dame of Key West is absolutely ready for sale and your immediate occupancy. Located in the premier Casa Marina neighborhood of Key West, this prominent residence with sophisticated coastal design has been remastered by some of the best craftsmen in the area offering you essentially a new home. With a fresh approach to island living, there is a blend of historic architecture and modern lines. An inviting foyer beckons you to a magnificent great room, with an opulent kitchen and dining. This open main living area flows to the outdoors through a sliding glass wall system to a luscious pool, spacious cabana, pool bath, and calming lounge area. Featured on the first floor is a master suite with a sumptuous bath, sitting room, and direct access to the pool. On the second floor is an additional master suite with a sitting area, spa-like bath, and private balcony, with 2 other bedrooms with a shared suite bathroom. A complement to the home is the entire 3rd floor is a spacious suite that can easily accommodate 3 queen size beds or could be a separate living space/studio unit within the property. The cabana, presently configured for outdoor dining, has been designed to offer the new owner the choice for the addition of an outdoor kitchen, office, art studio, or 6th bedroom. A wide sweeping front porch leads to generous covered parking for two cars, with a beautiful seashell embedded drive. Rarely seen this large, an enclosed storage room with double doors is ideal for all your water sports gear, bikes, motorcycles, and the rest of your toys. An active lifestyle is yours to enjoy with the nearby beach, tennis courts, and walking and bike paths. 1117 Flagler Avenue is awaiting as your residence in the Southernmost City to retreat, gather, and live well. Price reduced $170,000 to $4,320,000.