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1519 Florida Street, Key West, FL 33040

$2,685,000
Property Type: Residential Bedrooms: 9 Baths: 9 Square Footage: 4,037 Lot Size (sq. ft.): 11,264 Status: Closed
Current Price: $2,685,000 List Date: 2/21/2025 Last Modified: 6/22/2026

Description

PRICED TO SELL - This is a rare and exceptional opportunity! Land is at premium in Key West, and this expansive nearly 12,000 sq. ft. lot with not one but essentially 3 houses and room to grow, is an extraordinary find. Discover a balanced blend of Key West character, mid-century charm, and modern updates with this one-of-a-kind multi family compound. This property could not be more well designed for seclusion and private entertainment. Whether you're looking for a spacious primary residence, an income-producing property, a redevelopment opportunity, or a combination of all three, this is your drawing board. Once home to a beloved local artist, this award-winning property—recognized by the Old Island Restoration Foundation—is a nostalgic tribute to its time period. The current owner has preserved and enhanced its retro artistic flair, creating a truly unique ambiance that transports you back in time. Property Highlights: ✅ Three Separate units- Each with its own private access and gated tropical yard ✅ Main House (4 BD | 3.5 BA) - An open combo entertainment area overlooks a resort-style outdoor space featuring a stunning collection of mature and rare plant species, creating a lush, tropical sanctuary. At its heart, a luxurious heated pool basks in the sunshine by day and transforms into a glowing oasis by night, illuminated by soft ambient lighting. ✅ Second Unit (3 BD | 2 BA) - Exposed beam ceilings, skylights, and a serene outdoor shower. ✅ Third Unit (2 BD | 2 BA) - A cozy retreat with an expansive patio space ✅ Concrete Block Construction, Impact windows and doors for added security ✅ Off-Street Parking & Endless Storage - A rare convenience in Key West ✅ Only three blocks from the beach/pier and a short stroll to Old Town. This property is an entertainer's dream that must be seen in person to truly understand and appreciate all it has to offer.

More Information MLS# 613820

Contract Information

Current Price: $2,685,000 Listing Date: 2025-02-21 Listing Board: Key West Association Sold Price: $2,685,000 As is Rght to Inspct: Yes Potential Short Sale: Yes Bank Owned: No Species List: No

Location Tax Legal

Street #: 1519 Street Name: Florida Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Prog Land Imp Co Diag (2.0) Area: 03 - Key West

General Property Description

Realtor.COM Type: Residential - Single Family Style: Multi-Units Waterfront: No Pool: Yes Year Built: 1958 Total Units: 3 Lot SqFt: 11264 Acres: 0.15 Living Apx SqFt: 4037 SqFt Source: Property Data Card Total Bedrooms: 9 Full Baths: 7 Half Baths: 2 Total Baths: 9 Rentals Allowed: With Restrictions Min Rental Days: 28

Status Change Info

Under Contract Date: 2025-05-01 Sold Date: 2025-05-16 Sold Price: $2,685,000 Sold Comments: SHORT SALE Status: Closed

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

License Info

# of City License: 3 # of County License: 3

Building Style

Above Flood: Unknown Stories: 2 Stories

Vehicle Storage

Car(s): 2

Financial Status

Bank Owned: No Potential Short Sale: Yes

Property Features

Fee Includes: None Tax Exemptions: None License Info: Non Trans Rntl Lic Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Split Level Vehicle Storage: Carport; Covered Parking; Guest Parking; Off Street Parking; Open Parking; Trailer Storage Furnished: Negotiable Cooling: Ceiling Fans(s); Ductless Heating: Ductless Utilities: FKAA Interior Features: Bar; Entrance Foyer; Fireplace(s); Granite Counter Top; Pantry; Quartz Countertops; Security System; Sky Light(s); Smoke Alarms; Storage; Walk-in Closet(s); Window Treatments Pre-Wired: Cable Specialty Rooms: Utility Room; Workshop Appliances: Dishwasher; Disposal; Dryer; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Detached Guest Qtrs; Fruit Tree(s); Outdoor Shower; Privacy Wall/Fence; Rain Gutters; Shed; Sprinkler System; Storage Accessibility Feat: Parking; Wheelchair Ramp Pool Info: In Ground; Concrete Construction: Combo Construction; Concrete Shutters: Accordion Floor: Carpet; Combo; Laminate; Wood Pets: Pets Allowed Neighborhood Feature: Tennis Courts Land Size: 1/4 - 1/2 Acre Terms: Cash; Conventional Title: Negotiable GF-Interior Features: LED Lighting; Tankless Hot Wtr Htr
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: June - 22 - 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.

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