522 Margaret Street
Key West, FL 33040
MLS# 612344
Status:
Closed3 beds | 2 baths | 1415 sqft
Property DescriptionWelcome to The Chavez House, a beautiful 3-bedroom, 2 bath transient rental home proudly listed on the National Register of Historic Places. With a solid rental history, this property is a fantastic investment opportunity in the heart of the historic seaport neighborhood.
Upon entering, you're greeted by a bright and inviting family room bathed in natural light—an ideal space for intimate conversations and gatherings. The main floor features a spacious primary en-suite bedroom with king-size accommodations, accentuated by Dade County pine walls and a thoughtfully designed bath with dual sinks, a tub/shower combination, and a separate pedestal sink room.
The inviting dining area comfortably seats six and offers an option for outdoor dining on the lanai, creating an authentic island experience. The lanai, complete with a vaulted ceiling and tropical fan, serves as an excellent gathering spot for family and friends. The kitchen features a convenient breakfast bar for four, stainless steel appliances, white quartz countertops, and a vaulted shiplap-style ceiling. French doors lead to a private pool area where you can relax in the heated pool, surrounded by lush tropical landscaping.
Ascend the beautiful wrap-around staircase to discover two additional queen bedrooms on the second floor, each featuring unique elements such as barn doors, vaulted ceilings, and ceiling fans. The shared bathroom includes a vanity sink and tub/shower combination, ensuring comfort for all guests.
Located in vibrant Old Town, The Chavez House, is just a short stroll from the allure of Duval Street, the Key West Cemetery, and the Historic Seaport district. With its proven rental history, this Transient ensures the potential for lucrative income and offers a serene escape.
Don't miss your chance to own The Chavez House—where historic charm meets modern living. Schedule your showing today!
Current Price: $2,750,000
Listing Date: 2024-11-20
Listing Board: Key West Association
Leased Price Monthly: $2,750,000
Street #: 522
Street Name: Margaret
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unlisted (1.0)
Realtor.COM Type: Residential - Single Family
Style: Single Family
Year Built: 1870
Lot SqFt: 3235
Lot Sqft Source: Tax Records
Acres: 0.07
Living Apx SqFt: 1415
SqFt Source: Tax Records
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Rentals Allowed: Yes
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Transient Rntl Licns: Yes
Above Flood: Unknown
# Stories: 2 Stories
Bank Owned: No
Standard Sale: Yes
Under Contract Date: 2025-04-07
Leased Date: 2025-05-08
Leased Price Monthly: $2,750,000
Status: Closed
Cooling: Ceiling Fans(s); Ductless
Utilities: FKAA; Municipal Sewer
Interior Features: Cathedral Ceilings; Dade County Pine; Quartz Countertops; Sky Light(s)
Specialty Rooms: Laundry Room
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Fencing; Lanai; Privacy Wall/Fence
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Listing Office: Brenda Donnelly Real Estate LLC
Last Updated: May - 08 - 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.