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$2,995,000
Key West, FL 33040
MLS# 616872
3 beds | 3 baths | 1615 sqft
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1 / 35
Open House (02/14/2026 - 11:00 am - 1:00 pm)
Property Description
Huge price reduction by $250,00! A rare opportunity to own a fully 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, the property generated an impressive $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!
Details
Maps
Contract Information
Listing Board: Key West Association
As is Rght to Inspct: Yes
Species List: No
Current Price: $2,995,000
Listing Date: 2025-10-12
List Price: $2,995,000
Location, Tax & Legal
KW Neighborhood: Midtown West
City: KEY WEST
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: AE
Alternate Key #: 1062472
Parcel #: 00062070-000000
Zoning: SF - Single Family
Deed Restrictions: No
Legal: KW PT TR 29 JOHNSON ST OR206-385/88 OR511-903 OR896-244/45 OR1069-694/95 OR1415-1544/46 OR1987-2108 OR2473-513/15 OR304
Taxes: 10862.15
Tax Year: 2024
Pub Sewer HkUp: Yes
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
Waterfront: No
Control Depth: 0
Lot SqFt: 5280
Pool: Yes
Lot Sqft Source: Tax Records
Total Units: 1
Acres: 0.12
SqFt Source: Tax Records
Rentals Allowed: Yes
Style: Single Family
Year Built: 1958
Living Apx SqFt: 1615
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Remarks & Misc
Remarks – Consumer: Huge price reduction by $250,00! A rare opportunity to own a fully 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, the property generated an impressive $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!
Directions: Johnson street is between Flagler Ave. and Laird Street.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
License Info
# of City License: 1
Transient Rntl Licns: Yes
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Oven: 1
Range: 1
Refrigerator: 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Central Air: 1
Heating
Central: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Tile: 1
Neighborhood Feature
Beach: 1
Bike Paths: 1
Interior Features
Smoke Alarms: 1
Storage: 1
Walk-in Closet(s): 1
Property Condition
Updated/Remodeled: 1
Specialty Rooms
Laundry Room: 1
Other: 1
Building Style
Above Flood: No
Ground Level: 1
Stories: 1 Story
Windows/Doors
French Doors: 1
Impact Rstnce Doors: 1
Single Hung Windows: 1
Vehicle Storage
Car(s): 2
Carport: 1
Auto Door Opener: 1
Off Street Parking: 1
Security
Electric Gate: 1
Construction
CBS: 1
Combo Construction: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
Utilities
FKAA: 1
Porch/Balcony
Patio: 1
Exterior Features
Fencing: 1
Privacy Wall/Fence: 1
Water Display: 1
Pool Info
In Ground: 1
Concrete: 1
Pre-Wired
Cable: 1
Roof
Other Roof: 1
Shutters
Panel: 1
Status Change Info
Contingent: None
Status: Active
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: February - 12 - 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.