It is time to take a second look at 513 Margaret Street in the very heart of Old Town Key West. The asking price on this incredible property was recently reduced from $2.4 million to $2.3 million. The listing Realtor describes this impressive home this way:
"This historical family home is located in the heart of Old Town Key West. Beautiful hardwood floors, natural light and spacious rooms provide the backdrop for an elegant Keys Lifestyle. The main floor is designed for entertaining with spacious living, dining and large family room. French doors extending from all rooms to the private and serene custom pool and tropical gardens. A chef's kitchen is easily accessible from the outdoor living area and amazing pool. Impressive crown molding and gleaming hard wood floors are just a few of the rich details that make this home a one of a kind. Five bedrooms and 5.5 baths provide a spectacular retreat that offers consummate privacy. Two coveted Off-Street parking spaces."
I dug deep into the old shoebox and found a photo taken in 1965 and then took a similar pic to contrast with the way the house, built in 1889, looks today. You will note that the second floor porch is no longer "enclosed" and that the pure white exterior wood siding is now a soft beige punctuated by bright white trim and green shutters. The barren landscape has been replaced by specimen palms and lush tropical foliage. In two words I would describe this home as "Picture Perfect". But this home is much more than a pretty facade.
CLICK HERE to view a slide show of photos I took of this wonderful Key West property that is now offered at $2,400,000. This home has 2557 sq ft of living space under air plus front porches on the first and second floors, a huge deck, an 18' x 10' pool with waterfall, off street parking, guest cottage, and killer good looks. The home sits on a 54' x 101' sq ft lot. CLICK HERE to view the Key West mls datasheet. You may also CLICK HERE to view the floor layout for this property.
We all know the value of location. This home is located on one of the best blocks in Old Town. It sits amid other stately homes and delightful cottages of superior value. A neighborhood vegetarian market is one half block away. The Historic Key West Seaport is two blocks further north. Michael's steakhouse is up on the opposite corner at Southard Street. And the Duval Street restaurants, shops, and nightlife are four blocks to the west.
If you would like to see 513 Margaret Street or any other home in Key West, please contact me, Gary Thomas, 305-766-2642 or send me an email at firstname.lastname@example.org. I am a buyers agent and a full time Realtor at Preferred Properties Key West.