522 Margaret Street

Key West, FL 33040

$2,950,000
Price
3
Beds
2
Baths
1,415 Sq. Ft.
$2,085 / Sq. Ft.
1,415
Sq. Ft.
$2,085
per Sq. Ft.

Description

Welcome 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,...Welcome 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!
  1. Listed by Brenda J Donnelly • Brenda Donnelly Real Estate LLC

Property Details for 522 Margaret Street

Waterfront
None
Waterfront
No
Zoning
HHDR - Historic High Density Residential
Subdivision
Old Town - Unlisted (1.0)
Directions
Located between Fleming Street and Southard Street.
Building Style
Eyebrow
LISTING UPDATED: 12/16/2024 11:54 AM

Property Details for 522 Margaret Street

StatusActive
MLS #612344
Days on Market32
Taxes$15,916 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1870
Lot Size0.07 AC / 3,235 SF
CountyMonroe County

Building Information for 522 Margaret Street

Stories2Year Built1870Building Size-Lot Size0.07 AC / 3,235 SF

Property Information for 522 Margaret Street

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 02 - Key West
  • Absolute Longitude: 81.797886
  • Control Depth: 0
  • Off Shore Island: No
  • Listing Board: Key West Association
  • Side: Median
  • KW Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.0
  • Marathon Neighborhood: N/A
  • Key/Island: Key West
Owner
  • Owner Name: owner on record
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • License Info: Transient Rntl Licns: Yes
  • Fee Includes: None
  • Furnished: Furnished
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Acres: 0.07
  • Parcel #: 00008130-000000
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: KW PT LOT 1 SQR 47 OR575-261 OR575-263 OR865-2392 OR1118-2130/31 OR1183-1357/58 OR1200-1193/94 OR2375-1921 OR2719-197/98
  • MLS Approved: Y
  • Bank Owned: No
  • Limited Representation: No
  • SqFt Source: Tax Records
  • Flood Zone: AE,0.2 PCT ANNUAL CH
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 36
  • Document Count: 0
  • Building Style: Above Flood: Unknown
  • Title: Negotiable
Utilities
  • Utilities: FKAA, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: Heated: Yes
  • Pool Info: In Ground
  • Porch/Balcony: Open Porch/Balcony, Deck
Interior and Exterior Features
Interior Features
  • Floor: Tile, Wood
  • Interior Features: Cathedral Ceilings, Quartz Countertops, Sky Light(s), Dade County Pine
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Roof: Metal Roof
  • Shutters: Bahama, Panel
  • Construction: Frame
  • Dockage: None
  • Exterior Features: Fencing, Privacy Wall/Fence, Lanai
  • Windows/Doors: Wood Windows
Room Information
  • Specialty Rooms: Laundry Room

Property History for 522 Margaret Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 522 Margaret Street

Taxable ValueLand$1,131,441Additions$921,588Total$2,053,029
Tax Record2023$15,916 ($1,326 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,415 SqFtAbove Grade Finished SqFt1,415 SqFtStories2Lot Size3,232 SqFtStyleSingle Family ResidenceYear Built1870Year Renovated2015CountyMONROEAPN00008130-000000

Schools near 522 Margaret Street

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 2 to 12
Public - K to 12
Public - 8 to 12
Rating
School
Distance
Gerald Adams Elementary School
PublicPK to 5

Monroe Virtual Franchise
Public2 to 12

Monroe Virtual Instruction Program
PublicK to 12

Keys Center
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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522 Margaret Street is a single family home for sale in Key West, FL 33040. This property was listed for sale on November 20, 2024 by Brenda Donnelly Real Estate LLC, it's currently listed at $2,950,000. It has been on the market for a total of 32 days and was last sold on March 18, 2016. This listing's school district is Monroe. Nearby schools include Gerald Adams Elementary School, Monroe Virtual Franchise and Monroe Virtual Instruction Program. 522 Margaret Street is a 3-bed, 2-bath, 1,415 sqft single family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Brenda Donnelly Real Estate LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.