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508 Virginia Street

Key West, FL 33040
  • $5,600,000
  • STATUS: Active
  • ON SITE: 171 Days
  • MLS #: 607916
$5,600,000
  • 3
    BEDS
  • 0.16
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,281
    SQFT
  • $2,455
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1945
County:

School Ratings & Info

Description

This magnificent TRANSIENT rental property with two homes and a heated pool blends privacy with convenience. Nestled in historic Old Town and just steps from Duval Street, this 3 bedroom/3.5 bath complex has a strong rental history. Once home to iconicfashion designers, this gated haven will astonish you. To your right is the main single-story building which includes a king bedroom and large, sleek ensuite bath. Vaulted ceilings, skylights, exposed beams, and French doors surround the expansive open concept living room and dining room. The space is bathed in sunlight and perfect for entertaining. At the far end of the main building, you will find a spectacular stainless steel commercial kitchen with a vaulted ceiling and outdoor views. Equipped with prep areas, an island, cabinetry, a double sink, and an oversized gas range with hood, you have everything you need to prepare meals or parties for large groups. A personal Chef would be delighted to cook in this kitchen. As you move out onto the covered porch, you will enjoyindoor-outdoor living at its finest. With easy access to the pool, you can spend your afternoon relaxing outdoors. The porch provides a respite from the sun and an area for al fresco dining. The two-story home at the rear of the property stacks two spacious bedrooms with ensuite baths and seating areas. Each is complemented with either a balcony or covered porch overlooking the pool. Guests or extended family can mingle around the gorgeous outdoor area or retreat to their own private spaces. Both homes surround the large pool with the convenience of an outdoor shower. The complex's stunning tropical lush landscaping and privacy fencing offers a tranquil oasis including off-street parking, a rare amenity in Key West. From here you can walk to Higgs Beach, the Southernmost Point and the shops and restaurants on Duval Street. Thisopportunity to own a transient rental property in an ideal location won't last long. Call today for a private showing

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buythekeys.com/homes/146222080
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508 Virginia Street Key West, FL 33040

  • Price: $5,600,000
  • Status: Active
  • On Site: 171 Days
  • MLS #: 607916
3
Beds
3
Baths
1
½ Baths
0.16
Acres
2,281
SQFT
$2,455
$/SQFT
1945
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
This magnificent TRANSIENT rental property with two homes and a heated pool blends privacy with convenience. Nestled in historic Old Town and just steps from Duval Street, this 3 bedroom/3.5 bath complex has a strong rental history. Once home to iconicfashion designers, this gated haven will astonish you. To your right is the main single-story building which includes a king bedroom and large, sleek ensuite bath. Vaulted ceilings, skylights, exposed beams, and French doors surround the expansive open concept living room and dining room. The space is bathed in sunlight and perfect for entertaining. At the far end of the main building, you will find a spectacular stainless steel commercial kitchen with a vaulted ceiling and outdoor views. Equipped with prep areas, an island, cabinetry, a double sink, and an oversized gas range with hood, you have everything you need to prepare meals or parties for large groups. A personal Chef would be delighted to cook in this kitchen. As you move out onto the covered porch, you will enjoyindoor-outdoor living at its finest. With easy access to the pool, you can spend your afternoon relaxing outdoors. The porch provides a respite from the sun and an area for al fresco dining. The two-story home at the rear of the property stacks two spacious bedrooms with ensuite baths and seating areas. Each is complemented with either a balcony or covered porch overlooking the pool. Guests or extended family can mingle around the gorgeous outdoor area or retreat to their own private spaces. Both homes surround the large pool with the convenience of an outdoor shower. The complex's stunning tropical lush landscaping and privacy fencing offers a tranquil oasis including off-street parking, a rare amenity in Key West. From here you can walk to Higgs Beach, the Southernmost Point and the shops and restaurants on Duval Street. Thisopportunity to own a transient rental property in an ideal location won't last long. Call today for a private showing
Exterior Features

Above Flood Yes Construction Frame Dockage None Exterior Features Detached Guest QtrsStoragePrivacy Wall/FenceRain GuttersOutdoor ShowerLightingFencing Land Size Less Than 1/4 Acre Pool Info In GroundSalt Water Pool Info Heated Yes Pool YN Yes Porch Balcony DeckPatioOpen Porch/Balcony Roof Metal Roof Side Median Style Single Family Vehicle Storage Off Street Parking Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances DishwasherWasherWine CoolerRangeStainless Steel Appliance(s)RefrigeratorOvenMicrowaveGas AppliancesIce MachineDryer Cooling Heating Ceiling Fans(s)DuctlessCentral Air Floor ConcreteWoodTile Furnished Furnished Interior Features Cathedral CeilingsSky Light(s)Walk-in Closet(s)Split BedroomSmoke AlarmsFireplace(s)Drapes/Blinds Incl Specialty Rooms Laundry Room Windows Doors French Doors

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No City KEY WEST Control Depth 0 Deed Restrictions Unknown Fee Includes None Flood Zone X Key West Neighborhood Old Town-S of Truman Listing Board Key West Association Mile Marker 1.00 Min Rental Days 1.00 Neighborhood Features Beach Off Shore Island No Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed Yes Species List No Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2023 Taxes 29028.73 Terms CashConventional Title Negotiable Transient License Yes Utilities Cable AvailableFKAAMunicipal Sewer Zoning HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl

Listing courtesy of Brenda Donnelly of Saltwater Real Estate Florida Keys, Inc: (305) 363-9665.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Coastal Collection Real Estate Inc.
422 Fleming St Suite 7
Key West FL, 33040