$3,625,000
Key West, FL 33040
MLS# 600529
Status: Closed
4 beds | 5 baths | 3000 sqft
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Property Description
Once home to the historic Molina's Bakery, this contemporary masterpiece now meets modern island residential paradise. Located in the heart of Old Town Key West, this four-bedroom, three full and two half-bathroom residence embodies art and culture throughout. This home is perfect for a weekend getaway or full-time residence, complete with an open floor plan, immaculate attention to detail, and split living quarters. Step outdoors into the spacious and meticulously private, side meditation courtyard or relish in your idyllic back yard with a heated pool, water feature, outdoor shower, lush landscaping and maintenance free deck. This home also features new hurricane-rated impact windows and doors, a flawlessly designed kitchen with quartz countertops, stainless steel appliances, polished concrete flooring throughout, and a laundry room leading to a sizable, private garage. Fourth bedroom is set up as a convenient separate lockout studio apartment and there is also an additional former artist's studio that can serve as a fifth bedroom or possible additional lockout apartment with its own entrance. This fine property was designed and previously owned by a renowned, local architect.
Details
Maps
Contract Information
Listing Board: Key West Association
Current Price: $3,625,000
Listing Date: 2022-04-12
Sold Price: $3,625,000
Location, Tax & Legal
KW Neighborhood: Old Town-S of Truman
City: KEY WEST
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: 0.2 PCT ANNUAL CHANC
Alternate Key #: 1030741
Parcel #: 00029990-000000
Zoning: HHDR - Historic High Density Residential
Deed Restrictions: Unknown
Legal: KW INVESTMENT CO SUB PB 1-49 LOT 3 SQR 6 TR 12 OR563-333 OR1064-2072/73 OR1064-2074 OR1127-788/789C/T OR1164-664/66 OR27
Taxes: 9877.08
Tax Year: 2021
Pub Sewer HkUp: Yes
Street #: 1121
Street Name: Margaret
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unlisted (1.0)
Area: 02 - Key West
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: No
Control Depth: 0
Lot SqFt: 5243
Pool: Yes
Total Units: 0
Acres: 0.12
SqFt Source: Survey
Rentals Allowed: Yes
Min Rental Days: 28
Style: Single Family
Year Built: 1948
Living Apx SqFt: 3000
Total Bedrooms: 4
Full Baths: 3
Half Baths: 2
Total Baths: 5
Remarks & Misc
Remarks – Consumer: Once home to the historic Molina's Bakery, this contemporary masterpiece now meets modern island residential paradise. Located in the heart of Old Town Key West, this four-bedroom, three full and two half-bathroom residence embodies art and culture throughout. This home is perfect for a weekend getaway or full-time residence, complete with an open floor plan, immaculate attention to detail, and split living quarters. Step outdoors into the spacious and meticulously private, side meditation courtyard or relish in your idyllic back yard with a heated pool, water feature, outdoor shower, lush landscaping and maintenance free deck. This home also features new hurricane-rated impact windows and doors, a flawlessly designed kitchen with quartz countertops, stainless steel appliances, polished concrete flooring throughout, and a laundry room leading to a sizable, private garage. Fourth bedroom is set up as a convenient separate lockout studio apartment and there is also an additional former artist's studio that can serve as a fifth bedroom or possible additional lockout apartment with its own entrance. This fine property was designed and previously owned by a renowned, local architect.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
License Info
Transient Rntl Licns: No
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Central Air: 1
Ductless: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Concrete: 1
Interior Features
Built-in Cabinets: 1
Entrance Foyer: 1
Quartz Countertops: 1
Walk-in Closet(s): 1
Window Treatments: 1
Property Condition
Updated/Remodeled: 1
Specialty Rooms
Guest/Servant Qtrs: Legal
Building Style
Above Flood: Yes
Stories: 1 Story
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Vehicle Storage
Car(s): 1
Garage: 1
Attached: 1
Construction
CBS: 1
Concrete: 1
Hardi Board Siding: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Negotiable: 1
Terms
Cash: 1
Conventional: 1
VA: 1
Utilities
Cable Available: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Deck: 1
Title
Negotiable: 1
Exterior Features
Fencing: 1
Outdoor Shower: 1
Privacy Wall/Fence: 1
Storage: 1
Water Display: 1
Pool Info
In Ground: 1
Concrete: 1
Decked: 1
Pre-Wired
Cable: 1
Status Change Info
Sold Date: 2022-05-13
Sold Price: $3,625,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: Updated/Remodeled
Vehicle Storage: Garage; Attached
Furnished: Negotiable
Cooling: Central Air; Ductless
Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Built-in Cabinets; Entrance Foyer; Quartz Countertops; Walk-in Closet(s); Window Treatments
Pre-Wired: Cable
Appliances: Dishwasher; Dryer; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Fencing; Outdoor Shower; Privacy Wall/Fence; Storage; Water Display
Pool Info: In Ground; Concrete; Decked
Construction: CBS; Concrete; Hardi Board Siding
Floor: Concrete
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; VA
Title: Negotiable
Listing Office: Ocean Sotheby's International Realty
Last Updated: December - 30 - 2025
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.