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 .
For sale
Price cut: $125K (3/31)
$1,000,000
1503-1509 Seminary St, Key West, FL 33040
2beds
1,640sqft
Est.:
Single Family Residence
Built in 1943
7,530 Square Feet Lot
$970,900 Zestimate®
$610/sqft
$-- HOA
What's special
Full remodelSpacious layoutComplete redesign
- 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#: 617066
Originating 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
Estimated market value
$970,900
$922,000 - $1.02M
$3,706/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Price change | $1,000,000-11.1%$610/sqft |
Source: | ||
| 2/26/2026 | Price change | $1,125,000-8.2%$686/sqft |
Source: | ||
| 1/21/2026 | Price change | $1,225,000-3.9%$747/sqft |
Source: | ||
| 12/16/2025 | Listed for sale | $1,275,000$777/sqft |
Source: | ||
| 10/31/2025 | Contingent | $1,275,000$777/sqft |
Source: | ||
| 10/28/2025 | Listed for sale | $1,275,000$777/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$5,556/mo
Principal & interest
$4873
Property taxes
$683
More affordability tools
Climate risks
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 3/10Horace O'bryant SchoolGrades: PK-8Distance: 0.2 mi
- 3/10Key West High SchoolGrades: 9-12Distance: 0.5 mi
Local experts in 33040
- Florida
- Monroe County
- Key West
- 33040
- Midtown
- 1503-1509 Seminary St




