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$974,000
1124 Olivia Street 321
Key West, FL 33040
MLS# 618007
2 beds  |  2 baths  |  944 sqft


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Property Description
Located in the desirable Lionsgate community in Old Town, this updated 2-bedroom, 2-bath condo offers an excellent opportunity to own in Key West at an attractive price point. Thoughtfully improved, the home features new laminated floors, updated quartz countertops, and a fresh interior paint palette, making it truly move-in ready. Vaulted ceilings create an open and airy living space, while a dedicated laundry room and attic provide valuable storage rarely found in Key West living. Off-street parking is conveniently located right at the unit, and the property is golf cart and EV-charging-ready. The community is surrounded by lush tropical landscaping and features expansive, beautifully maintained grounds designed for relaxation and connection. Residents enjoy a heated saltwater pool, ample lounge seating, and a dedicated grilling area—perfect for entertaining or unwinding outdoors. A true hidden oasis just minutes from downtown. Situated in an X flood zone, this property offers added peace of mind. Ideal as a primary residence, second home, or investment, this well-located and well-maintained condo is a compelling option in today's market. Schedule your showing today.

Details
Contract Information
Listing Board: Key West Association
As is Rght to Inspct: Yes
Current Price: $974,000
Listing Date: 2026-01-09
List Price: $974,000
Location, Tax & Legal
KW Neighborhood: Old Town-N of Truman
Unit #: 321
City: KEY WEST
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: 0.2 PCT ANNUAL CHANC
Alternate Key #: 8927282
Parcel #: 00021280-000321
Zoning: HMDR - Historic Medium Density Residential
Deed Restrictions: Unknown
Legal: UNIT 321 LIONSGATE KEY WEST A CONDO OR1531-1196 OR1542-967C OR1537-834/35 OR1957-1052AFF OR1957-1053 OR1957-1054 OR2676-
Taxes: 4656.61
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 1124
Street Name: Olivia
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Lionsgate Key West A Condo (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Waterfront: No
Control Depth: 0
Lot SqFt: 0
Pool: Yes
Total Units: 0
SqFt Source: Tax Records
Rentals Allowed: With Restrictions
Min Rental Days: 28
Floor Number: 2
Style: Condo
Year Built: 1992
Living Apx SqFt: 944
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: Located in the desirable Lionsgate community in Old Town, this updated 2-bedroom, 2-bath condo offers an excellent opportunity to own in Key West at an attractive price point. Thoughtfully improved, the home features new laminated floors, updated quartz countertops, and a fresh interior paint palette, making it truly move-in ready. Vaulted ceilings create an open and airy living space, while a dedicated laundry room and attic provide valuable storage rarely found in Key West living. Off-street parking is conveniently located right at the unit, and the property is golf cart and EV-charging-ready. The community is surrounded by lush tropical landscaping and features expansive, beautifully maintained grounds designed for relaxation and connection. Residents enjoy a heated saltwater pool, ample lounge seating, and a dedicated grilling area—perfect for entertaining or unwinding outdoors. A true hidden oasis just minutes from downtown. Situated in an X flood zone, this property offers added peace of mind. Ideal as a primary residence, second home, or investment, this well-located and well-maintained condo is a compelling option in today's market. Schedule your showing today.
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Assoc Approval Req: No
Association Fee $: 1565
Assoc/Mnt Fee Per: Monthly
Fee Includes
Bldg Exterior Mnt: 1
Building Insurance: 1
Common Area Mnt: 1
Dockage
None: 1
Tax Exemptions
Homestead: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Laminate: 1
Tile: 1
Interior Features
Built-in Cabinets: 1
Cathedral Ceilings: 1
Drapes/Blinds Incl: 1
Quartz Countertops: 1
Smoke Alarms: 1
Storage: 1
Specialty Rooms
Laundry Room: 1
Building Style
Above Flood: Yes
Stories: 2 Stories
Windows/Doors
French Doors: 1
Vehicle Storage
Assigned Parking: 1
Off Street Parking: 1
Construction
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
Utilities
Cable Available: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Open Porch/Balcony: 1
Title
Negotiable: 1
Exterior Features
Bar: 1
Fencing: 1
Outdoor Shower: 1
Pool Info
In Ground: 1
Salt Water: 1
Heated: Yes
Concrete: 1
Pre-Wired
Cable: 1
Roof
Metal Roof: 1
Financial Status
Standard Sale: Yes
Accessibility Feat
None: 1
Shutters
Panel: 1
Status Change Info
Status: Active
Property Features
Fee Includes: Bldg Exterior Mnt; Building Insurance; Common Area Mnt
Tax Exemptions: Homestead
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Assigned Parking; Off Street Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Quartz Countertops; Smoke Alarms; Storage
Pre-Wired: Cable
Specialty Rooms: Laundry Room
Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Bar; Fencing; Outdoor Shower
Accessibility Feat: None
Pool Info: In Ground; Salt Water; Concrete
Construction: Frame
Shutters: Panel
Floor: Laminate; Tile
Roof: Metal Roof
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Negotiable

Listing Office: Keller Williams Key West Compass Realty

Last Updated: January - 09 - 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.