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510 Margaret Street

Key West, FL 33040
  • $2,850,000
  • STATUS: Closed
  • ON SITE: 213 Days
  • MLS #: 617723
Sold - 04/17/2026
$2,850,000
SOLD - 04/17/2026
  • 4
    BEDS
  • 0.07
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,968
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1938
County:

School Ratings & Info

Description

510 Margaret Street and 3 Scheppens Lane deliver an unparalleled island retreat. Ideally positioned on one of the most coveted streets in the heart of Old Town, this light-filled 4BD/4BA compound offers both comfort and privacy. The beautifully updated 3BD/3BA main residence features restored Dade County Pine walls, striking hardwood floors, Verde granite countertops, Thermador stainless appliances including a large wine cooler, and a stunning vaulted great room. The detached 1BD/1BA guest cottage offers its own full bath, fully equipped kitchen, living room. It can be accessed from its own private lane- ideal for hosting family and friends. Just off the cottage is a private off-street space to accommodate a golf cart. Both homes are designed with entertaining in mind- with bright, open living areas that flow seamlessly to the private backyard oasis, and easy access to a large built-in wine cooler. Outside, a serene pool complete with a stacked-stone waterfall provides the perfect sanctuary for relaxing or entertaining in true Key West style. Don't miss the chance to see this exceptional Old Town property that showcases meticulous renovation, high-end finishes, and historic charm.

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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 Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buyinthekeys.com/homes/171428945
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510 Margaret Street Key West, FL 33040

  • Price: $2,999,000
  • Status: Closed
  • On Site: 213 Days
  • Updated: 41 min ago
  • MLS #: 617723
4
Beds
4
Baths
0
½ Baths
0.07
Acres
1,968
SQFT
$0
$/SQFT
1938
Built
Neighborhood:
Old Town-N Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
510 Margaret Street and 3 Scheppens Lane deliver an unparalleled island retreat. Ideally positioned on one of the most coveted streets in the heart of Old Town, this light-filled 4BD/4BA compound offers both comfort and privacy. The beautifully updated 3BD/3BA main residence features restored Dade County Pine walls, striking hardwood floors, Verde granite countertops, Thermador stainless appliances including a large wine cooler, and a stunning vaulted great room. The detached 1BD/1BA guest cottage offers its own full bath, fully equipped kitchen, living room. It can be accessed from its own private lane- ideal for hosting family and friends. Just off the cottage is a private off-street space to accommodate a golf cart. Both homes are designed with entertaining in mind- with bright, open living areas that flow seamlessly to the private backyard oasis, and easy access to a large built-in wine cooler. Outside, a serene pool complete with a stacked-stone waterfall provides the perfect sanctuary for relaxing or entertaining in true Key West style. Don't miss the chance to see this exceptional Old Town property that showcases meticulous renovation, high-end finishes, and historic charm.
Exterior Features

Architectural Style [] Building Stories 2 Stories Construction Materials Frame Dockage None Exterior Features FencingDetached Guest QtrsLightingOutdoor ShowerPrivacy Wall/FenceWater Display Parking Features [] Patio And Porch Features Open Porch/BalconyDeck Pool Features In GroundConcrete Pool Heated Yes Pool Private YN Yes Roof Metal Roof Shutters Panel View [] Waterview No Waterview Window Features [] Windows Doors Other Windows/DoorsImpact Rstnce Doors

Interior Features

Accessibility Features [] Appliances WasherDryerDishwasherRefrigeratorRangeOvenMicrowaveFreezerGas AppliancesWine CoolerStainless Steel Appliance(s) Cooling Central AirCeiling Fans(s) Cooling YN Yes Flooring TileWood Furnished Unfurnished Guest Servant Qtrs Legal Interior Cathedral CeilingsBuilt-in CabinetsGranite Counter TopDade County Pine Interior Features Built-in CabinetsGranite Counter TopDade County Pine Laundry Features [] Levels [] Rooms Total 0

Property Features

Above Flood Unknown Association Fee 0 Association Fee Includes None Association YN No Association1st Right Of Refusal No Building Features [] Community Features [] Control Depth 0 Deed Restricts Unknown Electric [] Flood Zone AE Frontage Type [] Green Energy Generation [] Green Water Conservation [] KWNeighborhood Old Town-N of Truman Land Size Less Than 1/4 Acre Listing Terms CashConventional Marathon Nbhd N/A Mile Marker 1 New Construction YN No Other Equipment [] Other Structures [] Pets Allowed Yes Pre Wired Cable Property Condition Updated/Remodeled Property Sub Type Single Family Residence Public Sewer Hookup Yes Rental Allowed With Restrictions Security Features [] Special Licenses [] Tax Annual Amount 16302.41 Tax Legal Description KW PT LT 2 SQR 47 OR601-797 OR802-1368 OR932-1484 OR990-1867 OR1206-1740/41 OR1227-2103/05 OR1259-2398 OR1370-1104/06 Tax Year 2024 Title Negotiable Utilities [] Utilities Info FKAAMunicipal Sewer Water Source [] Waterfrnt No Waterfront None Waterfront Features [] Waterfront YN No Zoning HHDR - Historic High Density Residential

Listing courtesy of Brenda Donnelly of Brenda Donnelly Real Estate LLC: .


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 Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co
85996 Overseas Highway
Islamorada FL, 33036