$10,000 Closing Credit¹
#614757, Moe Smyth, Listing office: Century 21 Circle - Key West
$1,390,000 List price
318 Margaret St Key West, FL 33040
$10,000
Closing credit¹
2 beds
2 full
1,463 sqft
0.07 acres
$950 / sqft
House
Property details
About 318 Margaret St
Historic charm meets modern comfort in this beautifully preserved 1930 Conch cottage nestled in Key West's sought-after Historic Seaport district. This two-story, 2-bedroom, 2-bath home (approximately 1,463 sq ft) boasts classic Key West architecture - wood siding and a metal roof - along with inviting outdoor spaces including an open front porch and a private backyard oasis. Inside, airy living spaces feature hardwood and tile floors, a modern kitchen with granite countertops and stainless-steel appliances, and a flexible layout with a bedroom suite on each level for optimal privacy. The tropical back patio is ideal for relaxing or entertaining, complete with a heated swimming pool (plus a cascading waterfall), an outdoor shower, and lush landscaping behind a privacy fence. Practical comforts include a whole-house generator and a spacious storage shed, plus the coveted benefit of off-street parking - a rarity in Old Town. From this prime Old Town location, you can stroll to the Historic Seaport marina, local restaurants, boutiques, and the vibrant Duval Street nightlife. Whether you're seeking a personal island retreat or a high-demand vacation rental, this unique property delivers an inviting blend of timeless island charm and excellent investment potential. Please note that pictures were taken before furniture and art were removed. Property is unfurnished.
Highlights
Home typeSingle Family Residence
StatusActive
Size1,463 sqft
Lot size0.07 Acres
Year built1930
ParkingOff Street
MLS #615096
Garage1 space
Private poolYes
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
- Flooring Type: Laminate
- Interior: Cathedral Ceiling(s)
- Total Bedroom Count: 2
- Garage Space: 1 space
- Private Pool: Yes
- Parking: Off Street
- Architectural Style: Single Family
- List Price: $1,390,000
- Price/SqFt: $950
- Annual Tax Amount: $6,827
- Tax Year: 2023
- Directions: Property is located between Eaton and Caroline Street.
- Year Built: 1930
- Stories: 2
- Living Area: 1,463 SqFt
- Lot Size: 0.07 Acres
- MLS Number: 615096
- MLS Name: KeyWest
- Office Name: Preferred Properties (KW)
- Office Phone: (305) 294-3040
- Listing Agent: Jose Wenzel, PA
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: 6/18/2025, 3:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,390,000
318 Margaret St
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 12, 2004 | Home Sold | $735,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $802,055 | $6,827 |
| 2022 | $778,695 | $6,534 |
| 2021 | $756,015 | $6,534 |
| 2020 | $745,577 | $6,506 |
| 2018 | $717,511 | $6,508 |
| 2017 | $691,001 | $6,373 |
History based on county public records data.
Nearby schools
6
Poinciana Elementary School
Public District PK-5
2.1 mi
•1407 Kennedy Dr
2
Gerald Adams Elementary School
Public District PK-5
3.7 mi
•5855 College Rd
9
Big Pine Academy
Public Charter PK-5
28.6 mi
•30220 Overseas Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $78,547. Typical income of Key West, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
16%
<35k
45%
35k-100k
31%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
69%
Single, No Kids
3%
Single, with Kids
22%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
3%
12-17 yrs old
26%
18-34 yrs old
49%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Continuing Education Courses
Figure Skating
Where do the neighbors shop?
H&M
Express/Express For Men
Chico's
Where do the neighbors go to eat?
Dominos Pizza
Qdoba
Bob Evans
What do the neighbors drive?
Audi
Volkswagen
Oldsmobile
What do the neighbors listen to?
Alternative
Urban Contemporary
News
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 318 Margaret St
The listing price of 318 Margaret St property is $1,390,000.
The property 318 Margaret St is a house located in Key West, Florida, 33040.
Active Listing: 318 Margaret St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 318 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 $6,827 (source: MLS/based on county public records data).
The last sale was on February 12, 2004 for $735,000 (source: MLS/tax record).
The property at 318 Margaret St has 2 bedrooms and 2 bathrooms.
The property 318 Margaret St is 1,463 SqFt (source: MLS/tax record).
The year of construction for 318 Margaret St is 1930.
This home is located at 318 Margaret St in Key West, FL and zip code 33040. This 1,463 square foot home, which was built in 1930, sits on a 0.07 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 20, 2025 and is currently priced at $1,390,000.
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. Between April and May 2025, Key West, FL real estate market has seen increase in the number of listings by 2.6%. 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.