$1,675,000
Key West, FL 33040
MLS# 612462
Status: Closed
4 beds | 2 baths | 1714 sqft
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Property Description
A rare investment opportunity awaits at 1211 Olivia Street, a legal duplex featuring two separate homes on a quiet, tree-lined street in Key West's coveted Meadows neighborhood. Ideal for families or investors, this property offers flexibility for hosting guests, generating rental income, or creating a private retreat. The 3,500+ square foot lot is surrounded by lush landscaping, private entrances, and charming brick pathways. The main home boasts an open floor plan, crown molding, automatic window treatments, and an updated kitchen with ample storage. Two bedrooms flank a modern bathroom with a marble-tiled walk-in shower and laundry area, while the spacious primary bedroom opens to a secluded courtyard perfect for entertaining or unwinding. The detached guest house provides additional value with its own outdoor lounge spaces, two bedrooms, a bathroom, a full kitchen, a living room, and laundry. Located in the Meadows, this property offers the best of both worlds: easy access to cafes, art galleries, Duval Street, and beaches, while enjoying the peace and privacy of a picturesque neighborhood. Whether you're looking for a family retreat, an income property, or both, this home delivers. Schedule your private showing today!
Details
Maps
Contract Information
Current Price: $1,675,000
Listing Date: 2024-11-29
Listing Board: Key West Association
Leased Price Monthly: $1,675,000
Location, Tax & Legal
Street #: 1211
Street Name: Olivia
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: W C Maloney Diagram (2.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Multi-Units
Waterfront: No
Pool: No
Year Built: 1948
Total Units: 2
Lot SqFt: 3589
Acres: 0.08
Living Apx SqFt: 1714
SqFt Source: Property Data Card
Total Bedrooms: 4
Full Baths: 2
Total Baths: 2
Rentals Allowed: With Restrictions
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: Unknown
Status Change Info
Under Contract Date: 2024-12-19
Leased Date: 2025-01-22
Leased Price Monthly: $1,675,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
License Info: Non Trans Rntl Lic
Waterfront: None
Waterview: No Waterview
Dockage: None
Furnished: Negotiable
Cooling: Ceiling Fans(s); Central Air
Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; Propane; Water Separate Meter
Interior Features: Drapes/Blinds Incl; Entrance Foyer; Granite Counter Top; Pantry; Split Bedroom; Walk-in Closet(s)
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Lighting; Rain Gutters; Sprinkler System
Construction: CBS; Frame; Other
Floor: Vinyl; Wood; Other
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Bike Paths; Community Boat Ramp; Tennis Courts
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; FHA
Title: Negotiable
Listing Office: Truman & Co. (KW)
Last Updated: January - 22 - 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.