This magnificent TRANSIENT rental property with two homes and a heated pool blends privacy with convenience. Nestled in historic Old Town and just steps from Duval Street, this 3 bedroom/3.5 bath complex has a strong rental history. Once home to iconic fashion designers, this gated haven will astonish you. To your right is the main single-story building which includes a king bedroom and large, sleek ensuite bath. Vaulted ceilings, skylights, exposed beams, and French doors surround the expansive open concept living room and dining room. The space is bathed in sunlight and perfect for entertaining. At the far end of the main building, you will find a spectacular stainless steel commercial kitchen with a vaulted ceiling and outdoor views. Equipped with prep areas, an island, cabinetry, a double sink, and an oversized gas range with hood, you have everything you need to prepare meals or parties for large groups. A personal Chef would be delighted to cook in this kitchen. As you move out onto the covered porch, you will enjoy indoor-outdoor living at its finest. With easy access to the pool, you can spend your afternoon relaxing outdoors. The porch provides a respite from the sun and an area for al fresco dining. The two-story home at the rear of the property stacks two spacious bedrooms with ensuite baths and seating areas. Each is complemented with either a balcony or covered porch overlooking the pool. Guests or extended family can mingle around the gorgeous outdoor area or retreat to their own private spaces. Both homes surround the large pool with the convenience of an outdoor shower. The complex's stunning tropical lush landscaping and privacy fencing offers a tranquil oasis including off-street parking, a rare amenity in Key West. From here you can walk to Higgs Beach, the Southernmost Point and the shops and restaurants on Duval Street. This opportunity to own a transient rental property in an ideal location won't last long. Call today for a private showing!
Sold
$4,750,000
508 Virginia St, Key West, FL 33040
3beds
2,281sqft
Single Family Residence
Built in 1945
6,969 sqft lot
$4,795,300 Zestimate®
$2,082/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: December 17, 2024 at 03:22am
Listed by:
Brenda J Donnelly 305-304-1116,
Brenda Donnelly Real Estate LLC
Bought with:
Rodney Culiver, SL3426316
Last Key Realty, Inc (KW)
Andrea Leskova Otava, 3430882
Last Key Realty, Inc (KW)
Source: FLKMLS,MLS#: 610908
Originating MLS: Key West Association

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Propane Stove
Cooling
- Central Air, Ductless, Ceiling Fans(s)
Appliances
- Included: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Gas Appliances, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
- Laundry: Laundry Room
Features
- Walk-In Closet(s), Fireplace(s), Split Bedroom, Cathedral Ceiling(s)
- Flooring: Tile, Concrete, Wood
- Doors: French Doors
- Windows: Drapes/Blinds Incl, Skylight(s)
- Has fireplace: Yes
- Furnished: Yes
Interior area
- Total interior livable area: 2,281 sqft
Property
Parking
- Parking features: Off Street
Features
- Patio & porch: Open Porch/Balcony, Patio, Deck
- Exterior features: Storage, Outdoor Shower, Lighting, Rain Gutters
- Pool features: Heated, In Ground, Salt Water
- Fencing: Privacy
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 6,969 sqft
- Features: Less Than 1/4 Acre
Details
- Additional structures: Detached Guest Qtrs
- Parcel number: 00027740000000
- Zoning: HRCC
- Zoning description: (1 4) - Hist Res Comm Core 1-4 SF Specl
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Metal
Condition
- Year built: 1945
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Cable Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Beach
Location
- Region: Key West
- Subdivision: Old Town - Unlisted (1.0)
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing terms: Cash,Conventional