1511 Johnson Street, Key West, FL 33040
$2,995,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,615
Lot Size (sq. ft.):
5,280
Status:
Active
Current Price:
$2,995,000
List Date:
12/13/2025
Last Modified:
3/14/2026
Description
Price adjustment of $250,000! This is a rare opportunity to own a fully transient licensed nightly rental property in one of Key West's most desirable neighborhoods. This stunning 3-bedroom, 3-bath home is beautifully designed on one level easy living space on a lushly landscaped lot, combining island charm with exceptional investment potential. In 2024 & 2025 the property generated about $200,000 in gross rental income, making it a true turnkey income-producing retreat with bookings already in place.
Bathed in natural light, the interior exudes a light and airy coastal atmosphere, blending soft tones with vibrant tropical accents and Mexican tiles throughout. The inviting open living and kitchen area flows seamlessly outdoors, creating an effortless entertaining space. Dine al fresco in the charming attached pavilion, surrounded by lush landscaping that provides both beauty and privacy.
Two primary bedrooms offer direct access to the yard, enhancing the sense of privacy and resort-style living for guests. Both suites opens through elegant French doors to the sparkling pool area, while the en-suite bath features a large, beautifully tiled walk-in shower. The third bedroom--features flexible bedding options with two twins that can be converted to a king. The house comes fully furnished. Just bring your flip flops.
Located in a quiet residential neighborhood, this property offers both tranquility and convenience. Hop on a bike to reach the beaches in minutes on the south side of the island or explore the energy of Duval Street, with the Casa Marina area just moments away. Enjoy your dream vacation home while producing income!
More Information MLS# 616872
Contract Information
Current Price: $2,995,000
Listing Date: 2025-10-12
Listing Board: Key West Association
List Price: $2,995,000
As is Rght to Inspct: Yes
Species List: No
Location Tax Legal
Street #: 1511
Street Name: Johnson
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: White & Pierce Diagram (1.0)
Area: 02 - 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 SqFt: 5280
Lot Sqft Source: Tax Records
Acres: 0.12
Living Apx SqFt: 1615
SqFt Source: Tax Records
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 1
Status Change Info
Contingent: None
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of City License: 1
Transient Rntl Licns: Yes
Building Style
Above Flood: No
Stories: 1 Story
Vehicle Storage
Car(s): 2
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: Updated/Remodeled
Building Style: Ground Level
Vehicle Storage: Carport; Auto Door Opener; Off Street Parking
Furnished: Furnished
Cooling: Central Air
Heating: Central
Utilities: FKAA
Interior Features: Smoke Alarms; Storage; Walk-in Closet(s)
Pre-Wired: Cable
Specialty Rooms: Laundry Room; Other
Appliances: Dishwasher; Dryer; Oven; Range; Refrigerator; Washer
Exterior Features: Fencing; Privacy Wall/Fence; Water Display
Pool Info: In Ground; Concrete
Construction: CBS; Combo Construction
Shutters: Panel
Floor: Tile
Roof: Other Roof
Pets: Pets Allowed
Neighborhood Feature: Beach; Bike Paths
Security: Electric Gate
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Listing Office: Ocean Sotheby's International Realty
Last Updated: March - 14 - 2026
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