REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Moe Smyth

moesmyth@att.net +1(305) 393-6938

Listed by Rodney Culiver Last Key Realty, Inc (KW)

$ 2,250,000

Est. payment | -/mo

5 Beds

4 Baths

1,982 SqFt

Save

$ 2,250,000

Est. payment | -/mo

Save

5 Beds

4 Baths

1,982 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,982 sqft

Price per Sqft $1,135

Subdivision Old Town - Unlisted (1.0)

MLS Listing ID 621640

Style Above Flood

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1890

Annual Tax Amount $12,427

Tax Year 2025

Lot Size 3,084 Sqft

Acres 0.07

Lot Dimensions 45 X 69

Property Sub-Type Duplex

Land Area 1982

Property Description

Historic Old Town Charm Meets Modern Luxury. Situated next to the iconic Key West Cemetery, this legal duplex sits proudly on the island's highest point, offering an unbeatable location with unmatched peace of mind. With the original Conch House built in the late 1800s, this historic estate captures the classic romance of classic island architecture while providing a passive income opportunity. It is the ultimate configuration for a buyer looking to live the island dream in a beautiful residence while utilizing the separate unit as a legal rental to offset living costs. The main house is a spacious sanctuary featuring 4 bedrooms and 3 bathrooms. Every room blends historic character with modern comfort, offering an airy layout perfect for relaxation or entertainment. Steps away, the independent unit is a beautifully efficient studio apartment. This legal secondary unit serves as a desirable rental asset, an independent guest suite, or a private home office, adding incredible flexibility and value in a market where legal duplexes are highly coveted. While the property retains its rich late-19th-century soul, it also functions with the reliability of new construction. The entire property underwent a meticulous top-to-bottom renovation from 2022 to 2025, modernizing every major component. Upgrades include a new roof (2022), all new plumbing (2024), fully updated electrical systems (2024), attic insulation (2025), and a brand-new HVAC system (2024). Calling this property home means enjoying a quiet backdrop and unique neighborhood charm. You are just a short walk or bike ride away from world-class dining, vibrant nightlife, and pristine beaches. The driveway provides off-street parking for 1 vehicle.

Location

State FL

County Monroe

Area 02 - Key West

Zoning HHDR - Historic High Density Residential

Interior

Interior Features Wired for Sound

Cooling Central Air, Ceiling Fans(s)

Furnishings Unfurnished

Window Features Impact Rstnce Doors,Impact Rstnce Window

Appliance Freezer, Dryer, Washer, Dishwasher, Microwave, Oven, Range, Refrigerator

Exterior

Parking Features Off Street

Utilities Available Buyer To Verify

Waterfront Description None

Roof Type Metal Roof

Porch Open Porch/Balcony

Garage No

Private Pool No

Building

Architectural Style Above Flood

Others

HOA Fee Include None

Tax ID 00019920000000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Pets Allowed Yes

Nearby Locations

GET MORE INFORMATION

Moe Smyth

Agent License ID: 3245528

+1(305) 393-6938

811 Olivia ST Key West, FL 33040

Moe Smyth

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

811 Olivia ST