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For sale
  • Price cut: $125K (3/31)
    $1,000,000

    1503-1509 Seminary St, Key West, FL 33040

    2beds
    1,640sqft
    : 
    Single Family Residence
    Built in 1943
    7,530 Square Feet Lot
    $970,900 Zestimate®
    $610/sqft
    $-- HOA

    What's special

    Full remodelSpacious layoutComplete redesign
    Opportunity awaits in the heart of Midtown Key West! This rare double-lot offering includes two side-by-side parcels with endless potential for redevelopment or renovation.1503 Seminary Street features a 2-bedroom, 1-bathroom single-family home built in 1943 with 1,160 sq. ft. of living area. The home offers a spacious layout ready for your personal touch -- ideal for a full remodel or a complete redesign.1509 Seminary Street currently includes a small structure in need of teardown, providing a clean slate for new construction, expansion of the adjacent home, or the creation of a private compound.Zoned residential and centrally located just minutes from beaches, shopping, dining, and Old Town, this is an exceptional investment for builders, developers, or anyone looking to create their own Key West .
    155 days
    |
    718
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 31, 2026 at 04:40am

    Listed by:

    Rebecca Cobo 305-797-4130,

    Berkshire Hathaway HomeServices Knight & Gardner Realty,

    Team Gardner/Langley 305-902-2447,

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Source: FLKMLS,MLS#: 617066MLS LogoOriginating MLS: Key West Association

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Appliances
      • Included: No Appliances
      Interior area
      • Total interior livable area: 1,640 sqft

      Property

      Features
      • Water view: None
      • Waterfront features: None, Dockage: None
      Lot
      • Size: 7,530 Square Feet
      • Features: Less Than 1/4 Acre
      Details
      • Zoning: SF
      • Zoning description: Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other Bldg Style
      • Property subtype: Single Family Residence
      Materials
      • Frame
      Condition
      • Year built: 1943

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: FKAA, Buyer to Verify

      Community & HOA

      Community
      • Subdivision: Monroe Investement Co Sub (2.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key West

      Financial & listing details

      • Price per square foot: $610/sqft
      • Annual tax amount: $10,586
      • Date on market: 10/28/2025
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        Estimated market value

        $970,900

        $922,000 - $1.02M

        $3,706/mo

        Price history

        Price history
        DateEventPrice
        3/31/2026Price change$1,000,000-11.1%$610/sqft
        Source: Key West AOR #617066 Report a problem
        2/26/2026Price change$1,125,000-8.2%$686/sqft
        Source: Key West AOR #617066 Report a problem
        1/21/2026Price change$1,225,000-3.9%$747/sqft
        Source: Key West AOR #617066 Report a problem
        12/16/2025Listed for sale$1,275,000$777/sqft
        Source: FLKMLS #617066 Report a problem
        10/31/2025Contingent$1,275,000$777/sqft
        Source: Key West AOR #617066 Report a problem
        10/28/2025Listed for sale$1,275,000$777/sqft
        Source: Key West AOR #617066 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $5,556/mo
        Principal & interest
        $4873
        Property taxes
        $683
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          Climate risks

          Neighborhood: Midtown

          Getting around

          77 / 100
          Very Walkable
          25 / 100
          Some Transit
          93 / 100
          Biker's Paradise

          Nearby schools

          GreatSchools rating

          Local experts in 33040

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