508 Virginia Street

Key West, FL 33040 / Old Town - Unlisted (1.0)

MLS ID# 607916 Active
Single Family

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$5,775,000

3 beds

4 baths

******** Garage

2281 sqft

0.16 acres

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• Description
• Location, Tax & Legal
• General Property Description
• Details

Description

This magnificent TRANSIENT rental property with two homes and a heated pool blends privacy with convenience. Nestled in historic Old Town and just steps from Duval Street, this 3 bedroom/3.5 bath complex has a strong rental history. Once home to iconic fashion designers, this gated haven will astonish you. To your right is the main single-story building which includes a king bedroom and large, sleek ensuite bath. Vaulted ceilings, skylights, exposed beams, and French doors surround the expansive open concept living room and dining room. The space is bathed in sunlight and perfect for entertaining. At the far end of the main building, you will find a spectacular stainless steel commercial kitchen with a vaulted ceiling and outdoor views. Equipped with prep areas, an island, cabinetry, a double sink, and an oversized gas range with hood, you have everything you need to prepare meals or parties for large groups. A personal Chef would be delighted to cook in this kitchen. As you move out onto the covered porch, you will enjoy indoor-outdoor living at its finest. With easy access to the pool, you can spend your afternoon relaxing outdoors. The porch provides a respite from the sun and an area for al fresco dining. The two-story home at the rear of the property stacks two spacious bedrooms with ensuite baths and seating areas. Each is complemented with either a balcony or covered porch overlooking the pool. Guests or extended family can mingle around the gorgeous outdoor area or retreat to their own private spaces. Both homes surround the large pool with the convenience of an outdoor shower. The complex's stunning tropical lush landscaping and privacy fencing offers a tranquil oasis including off-street parking, a rare amenity in Key West. From here you can walk to Higgs Beach, the Southernmost Point and the shops and restaurants on Duval Street. This opportunity to own a transient rental property in an ideal location won't last long. Call today for a private showing This magnificent TRANSIENT rental property with two homes and a heated pool blends privacy with convenience. Nestled in historic Old Town and just steps from Duval Street, this 3 bedroom/3.5 bath complex has a strong rental history. Once home to ico... show more

Location, Tax & Legal

• Street # 508
• Street Name Virginia
• Street Suffix Street
• Key/Island Key West
• City KEY WEST
• State/Province FL
• Zip Code 33040
• Off Shore Island No
• County Monroe
• Subdivision Old Town - Unlisted (1.0)
• Mile Marker 1
• Area 02 - Key West
• KW Neighborhood Old Town-S of Truman
• Marathon Neighborhood N/A
• Side Median
• Flood Zone X
• Alternate Key # 1028517
• Parcel # 00027740-000000
• Zoning HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
• Deed Restrictions Unknown
• Legal KW SUBS 8 AND 10 PT LOT 3 SQR 5 TR 11 G37-82/83 OR130-272/74 OR343-76/77 OR1043-2178 OR1077-2042/43 OR1078-1560/61 OR111
• Taxes 29028.73
• Tax Year 2023
• Pub Sewer HkUp Yes

General Property Description

• Realtor.COM Type Residential - Single Family
• Style Single Family
• Waterfront No
• Control Depth 0
• Pool Yes
• Year Built 1945
• Total Units 1
• Lot SqFt 6824
• Lot Sqft Source Property Data Card
• Acres 0.16
• Living Apx SqFt 2281
• SqFt Source Property Data Card
• Total Bedrooms 3
• Full Baths 3
• Half Baths 1
• Total Baths 4
• Rentals Allowed Yes
• Min Rental Days 1

Details

• Association Info

  No Mandatory Home Owners Asc, No 1st Right of Refusal, Association Fee $:0

• Fee Includes

  None

• Tax Exemptions

  None

• License Info

  # of City License:1, # of County License:1, Transient Rntl Licns

• Waterfront

  None

• Waterview

  No Waterview

• Dockage

  None

• Building Style

  Above Flood

• Vehicle Storage

  Off Street Parking

• Cooling

  Ceiling Fans(s), Central Air, Ductless

• Heating

  Propane Stove

• Porch/Balcony

  Deck, Open Porch/Balcony, Patio

• Utilities

  Cable Available, FKAA, Municipal Sewer

• Interior Features

  Cathedral Ceilings, Drapes/Blinds Incl, Fireplace(s), Sky Light(s), Smoke Alarms, Walk-in Closet(s)

• Appliances

  Dishwasher, Dryer, Gas Appliances, Ice Machine, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Wine Cooler

• Exterior Features

  Detached Guest Qtrs, Fencing, Lighting, Outdoor Shower, Privacy Wall/Fence, Rain Gutters, Storage

• Pool Info

  In Ground, Salt Water, Heated

• Construction

  Frame

• Windows/Doors

  French Doors

• Floor

  Concrete, Tile, Wood

• Roof

  Metal Roof

• Pets

  Pets Allowed

• Neighborhood Feature

  Beach

• Land Size

  Less Than 1/4 Acre

• Terms

  Cash, Conventional

• Show

  Call List Agent, LA Must Accompany

• Financial Status

  Standard Sale