$1,499,000

1122 Margaret St Key West, FL 33040

$10,000
Closing credit¹
3 beds
2 full
1,148 sqft
0.09 acres
$1,306 / sqft
House

Property details

About 1122 Margaret St

Behind the quintessential white picket fence you will find this delightful historic cottage currently set up as a duplex with off street parking and pool. Lots of opportunity with the ability to generate income and have your own slice of Paradise to enjoy, or marry the spaces and convert to a single family dream home. Each unit enjoys privacy from the other including separate outdoor living spaces. The front unit greets you with the charming and spacious front porch. Through the front door you will enter into an open living room and kitchen with fabulous ceiling heights, charming architectural details and 1bd/1ba plus a loft for storage. Enter the backyard oasis down a brick lined sidewalk that opens up to a sprawling deck surrounding a refreshing and sunny swimming pool. The rear unit enjoys 2bd/1ba with open kitchen/living space that leads to a covered porch overlooking the backyard retreat! The units are separated by only an interior locked door.

Highlights

Home typeSingle Family Residence
StatusAccepting Backup Offers
(Contingent/Show)
Size1,148 sqft
Lot size0.09 Acres
Year built1938
ParkingOff Street
MLS #614412
Private poolYes

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Total Bedroom Count: 3
  • Private Pool: Yes
  • Parking: Off Street
  • Architectural Style: Single Family
  • List Price: $1,499,000
  • Price/SqFt: $1,305
  • Annual Tax Amount: $5,794
  • Tax Year: 2023
  • Year Built: 1938
  • Living Area: 1,148 SqFt
  • Lot Size: 0.09 Acres
  • MLS Number: 614412
  • MLS Name: KeyWest
  • Office Name: Truman & Co. (KW)
  • Office Phone: (305) 292-2244
  • Listing Agent: Wendy L Zintsmaster

The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 9:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

1122 Margaret St, Key West, FL 33040 - outdoor pool featuring french doors, a deck, and outdoor dining space

$1,499,000

1122 Margaret St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 05, 2024
Home Sold
$1,549,000
May 23, 2002
Home Sold
$530,000
Apr 12, 1999
Home Sold
$379,000

Tax history

YearAssessmentProperty Tax
2023$657,448$5,794
2022$615,901$5,411
2021$538,888$5,411
2020$553,812$5,355
2018$517,408$5,482
2017$518,331$5,575

History based on county public records data.

Nearby schools

6

Poinciana Elementary School

Public District PK-5

1.9 mi

1407 Kennedy Dr

2

Gerald Adams Elementary School

Public District PK-5

3.6 mi

5855 College Rd

9

Big Pine Academy

Public Charter PK-5

28.4 mi

30220 Overseas Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $58,929. Typical income of Key West, FL residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

28%
<35k
48%
35k-100k
17%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

72%
Single, No Kids
6%
Single, with Kids
18%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
2%
12-17 yrs old
26%
18-34 yrs old
51%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • QdobaQdoba
  • ChipotleChipotle
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • LincolnLincoln

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • RockRock
  • ClassicalClassical
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 1122 Margaret St

The listing price of 1122 Margaret St property is $1,499,000.

The property 1122 Margaret St is a house located in Key West, Florida, 33040.

Accepting Backup Offers: 1122 Margaret St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 1122 Margaret St are: Poinciana Elementary School (GreatSchools Rating 6/10), Gerald Adams Elementary School (GreatSchools Rating 2/10), Big Pine Academy (GreatSchools Rating 9/10), May Sands Montessori School (GreatSchools Rating 5/10), Horace O'Bryant School (GreatSchools Rating 3/10), Sigsbee Charter School (GreatSchools Rating 7/10), Monroe Virtual Instruction Program (GreatSchools Rating 2/10), Somerset Island Preparatory (GreatSchools Rating 6/10), Key West High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $5,794 (source: MLS/based on county public records data).

The last sale was on April 5, 2024 for $1,549,000 (source: MLS/tax record).

The property at 1122 Margaret St has 3 bedrooms and 2 bathrooms.

The property 1122 Margaret St is 1,148 SqFt (source: MLS/tax record).

The year of construction for 1122 Margaret St is 1938.

This home is located at 1122 Margaret St in Key West, FL and zip code 33040. This 1,148 square foot home, which was built in 1938, sits on a 0.09 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $1,499,000.

While more than 2 listings in Key West, FL in May 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 34 were sold below. In May 2025 in Key West, FL there were 2.6% more homes for sale than in April. In May 2025 median list price was $1,100,000 and the average listing age was 101 days.

From Rocket Homes Real Estate and based on county public records data.

More resources