Search

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
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

Contact Us

Or feel free to call anytime - (305) 699-8154

Compare listings

Compare