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621 Elizabeth Street, Key West, FL 33040

$1,699,000
  • 621 Elizabeth Street, Key West, FL 33040 Main Photo

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Contingent
BEDS3 BATHS2 full SQUARE FEET1,594 MLS#618032
STATUSContingent PROPERTY TYPEResidential - Multiple SUBDIVISIONOld Town - Unrecord (10)

Property Description

This gorgeous two-cottage property is located at the top of Solares Hill in the heart of Old Town Key West and offers exceptional flexibility along with strong rental and income potential. The lovely main house sits at the front of the property and features a main-floor primary bedroom and bath, an open living and dining area with vaulted ceilings, and central air. Stairs lead to a second bedroom at the rear of the home, while an open loft at the front provides ample storage. The kitchen showcases white and gray quartz countertops with stainless steel appliances. Both the kitchen and the main-floor bedroom open to a back deck overlooking the pool and tranquil water features, creating a private oasis ideal for seating, dining, and lounging.A pathway along the pool leads to the charming guest cottage, which offers its own private patio and French doors opening to a first-floor living space with dining area and breakfast bar. A spiral staircase leads to the oversized second-floor bedroom with ensuite bath, filled with beautiful soft natural light. The cottage is ideal as a guest house, long-term rental, or income-producing vacation rental, while the main home can also generate rental income or be owner-occupied for flexible living arrangements.The main house received new impact windows and upgraded plumbing and electrical and a new structural beam in 2019, new siding in 2022, and a full exterior repaint in 2025. The cottage was taken down to the studs and fully renovated in 2020. The pool with water feature was added in 2020 along with new walkways and thoughtfully designed landscaping. Both homes have new roofs installed in 2019, on-demand water heaters, separate washers and dryers, and are being sold turn-key, artwork excluded--making this a move-in ready property with immediate income potential in one of Key West's most desirable locations.

621 Elizabeth Street | MLS# 618032

This home located at 621 Elizabeth Street, Key West, FL 33040 is currently listed for sale with an asking price of $1,699,000. This property was built in 1933 and has 3 bedrooms and 2 full baths with 1594 sq. ft. Elizabeth Street is located in the Old Town - Unrecord (10) subdivision. Search Old Town - Unrecord (10) real estate on www.adamscameron.com today.

Property Features

Property Type: Residential - Multiple
Cooling: Central Air, Ductless, Ceiling Fans(s)
Lot Size: 0.06 Acres
Roof Type: Metal Roof
Stories: 2.0
Taxes: $8,444
Year Built: 1933

Feature Descriptions

Appliances: Washer, Freezer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
Building Above Flood: Yes
Days on Site: 67
Dockage: None
Exterior: Frame
Flood Zone: X
Furnished: Yes
Furnished: Furnished
HOA (1st Right of Refusal) Y/N: No
HOA (Mandatory) Y/N: No
Interior: Cathedral Ceilings, Dade County Pine
Key/Island: Key West
Key West Neighborhood: Old Town-N of Truman
Listing Board: Key West Association
Lot Dimensions: 0.06Acre(s)
Parcel #: 00011890-000000
Pets: Pets Allowed
Pool: In Ground, Concrete
Porch/Balcony: Open Porch/Balcony, Deck, Patio
Property Condition: Updated/Remodeled
Sewer Hookup: Yes
Swimming Pool: Yes
Tax exemptions: Homestead
Utilities: FKAA, Elect Separate Meter, Municipal Sewer
Waterfront: None
Waterview: No Waterview
Windows/Doors: French Doors
Zoning: HDR - High Density Residential

Listed By / Shown By

Listed By

Agency Name: Truman & Co. (KW)
Agency Phone: (305) 292-2244

Shown By

Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-253-8044

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Estimated Payment

$ 10,242.00 per month $9,042.79 Principal & Interest $703.67 Property Tax $495.54 Homeowner's Insurance

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