Skip main navigation
For sale
  • Price cut: $110K (3/19)
    $2,885,000

    1511 Johnson St, Key West, FL 33040

    3beds
    1,615sqft
    : 
    Single Family Residence
    Built in 1958
    5,227.2 Square Feet Lot
    $2,679,200 Zestimate®
    $1,786/sqft
    $-- HOA

    What's special

    Bathed in natural lightVibrant tropical accentsSparkling pool areaElegant french doorsCharming attached pavilionFlexible bedding optionsLush landscaping
    Price adjustment of $250,000! This is a rare opportunity to own a fully transient licensed nightly rental property in one of Key West's most desirable neighborhoods. This stunning 3-bedroom, 3-bath home is beautifully designed on one level easy living space on a lushly landscaped lot, combining island charm with exceptional investment potential. In 2024 & 2025 the property generated about $200,000 in gross rental income, making it a true turnkey income-producing retreat with bookings already in place.Bathed in natural light, the interior exudes a light and airy coastal atmosphere, blending soft tones with vibrant tropical accents and Mexican tiles throughout. The inviting open living and kitchen area flows seamlessly outdoors, creating an effortless entertaining space. Dine al fresco in the charming attached pavilion, surrounded by lush landscaping that provides both beauty and privacy.Two primary bedrooms offer direct access to the yard, enhancing the sense of privacy and resort-style living for guests. Both suites opens through elegant French doors to the sparkling pool area, while the en-suite bath features a large, beautifully tiled walk-in shower. The third bedroom--features flexible bedding options with two twins that can be converted to a king. The house comes fully furnished. Just bring your flip flops.Located in a quiet residential neighborhood, this property offers both tranquility and convenience. Hop on a bike to reach the beaches in minutes on the south side of the island or explore the energy of Duval Street, with the Casa Marina area just moments away. Enjoy your dream vacation home while producing income!
    171 days
    |
    476
    |
    36
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 19, 2026 at 03:29am

    Listed by:

    Ellen Gvili 305-304-2933,

    Ocean Sotheby's International Realty,

    Marc Ulanowski 815-861-3559,

    Equestrian Sotheby's International Realty

    Source: FLKMLS,MLS#: 616872MLS LogoOriginating MLS: Key West Association

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Washer, Oven, Range, Refrigerator, Dishwasher, Dryer
      • Laundry: Laundry Room
      Features
      • Walk-In Closet(s), Storage, Other Specialty Room
      • Flooring: Tile
      • Doors: Impact Rstnce Doors, French Doors
      • Windows: Single Hung Windows, Panel
      • Furnished: Yes
      Interior area
      • Total interior livable area: 1,615 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport, Off Street, Garage Door Opener
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: One,Ground Level
      • Stories: 1
      • Patio & porch: Patio
      • Exterior features: Water Display
      • Has private pool: Yes
      • Pool features: In Ground, Concrete
      • Fencing: Fenced,Privacy
      • Water view: None
      • Waterfront features: None, Dockage: None
      Lot
      • Size: 5,227.2 Square Feet
      • Features: Less Than 1/4 Acre
      Details
      • Parcel number: 00062070000000
      • Zoning: SF
      • Zoning description: Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS, Combo Construction
      • Roof: Other
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1958

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: FKAA, Cable Connected

      Community & HOA

      Community
      • Features: Beach, Bike Paths
      • Security: Smoke Detector(s), Electric Gate
      • Subdivision: White & Pierce Diagram (1.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key West

      Financial & listing details

      • Price per square foot: $1,786/sqft
      • Tax assessed value: $1,103,945
      • Annual tax amount: $10,862
      • Date on market: 10/14/2025
      • Listing terms: Cash,Conventional
      Get pre-qualifiedBe ready to make an offer.
      Connect with an agentGet info on this home, tour, and more.
      Calculate monthly paymentSee if you can afford this home.

        Estimated market value

        $2,679,200

        $2.55M - $2.81M

        $5,967/mo

        Price history

        Price history
        DateEventPrice
        3/19/2026Price change$2,885,000-3.7%$1,786/sqft
        Source: FLKMLS #616872 Report a problem
        1/28/2026Price change$2,995,000-3.2%$1,854/sqft
        Source: Key West AOR #616872 Report a problem
        1/2/2026Price change$3,095,000-4.6%$1,916/sqft
        Source: FLKMLS #616872 Report a problem
        12/13/2025Listed for sale$3,245,000$2,009/sqft
        Source: FLKMLS #616872 Report a problem
        11/5/2025Contingent$3,245,000$2,009/sqft
        Source: FLKMLS #616872 Report a problem
        10/14/2025Listed for sale$3,245,000+8.3%$2,009/sqft
        Source: Key West AOR #616872 Report a problem
        7/1/2025Listing removed$2,995,000$1,854/sqft
        Source: Key West AOR #613227 Report a problem
        5/11/2025Price change$2,995,000-4.9%$1,854/sqft
        Source: FLKMLS #613227 Report a problem
        3/30/2025Price change$3,150,000-3.1%$1,950/sqft
        Source: Key West AOR #613227 Report a problem
        1/20/2025Listed for sale$3,250,000+420%$2,012/sqft
        Source: FLKMLS #613227 Report a problem
        4/24/2023Listing removed--
        Source: Zillow Rentals Report a problem
        4/21/2023Listed for rent$5,000$3/sqft
        Source: Zillow Rentals Report a problem
        6/25/2010Sold$625,000-24.2%$387/sqft
        Source: FLKMLS #111936 Report a problem
        3/29/2004Sold$825,000$511/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$10,209 -6%$1,103,945 -8.2%
        2024$10,862 +7.7%$1,202,744 +9.9%
        2023$10,083 +43%$1,094,268 +59.1%
        2022$7,052 +11.4%$687,865 +10%
        2021$6,331 +2.9%$625,332 +2.9%
        2020$6,150 $607,641 -0.7%
        2019$6,150 -1.3%$611,994 +4.1%
        2018$6,231 +1.9%$587,812 +1%
        2017$6,117 -0.6%$582,078 +3.8%
        2016$6,155 +1.5%$560,888 +16.8%
        2015$6,062 $480,294

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $16,356/mo
        Principal & interest
        $14385
        Property taxes
        $1971
        More affordability tools

          Climate risks

          Neighborhood: Midtown

          Getting around

          66 / 100
          Somewhat Walkable
          22 / 100
          Minimal Transit
          98 / 100
          Biker's Paradise

          Nearby schools

          GreatSchools rating

          Local experts in 33040

          Similar homes

          Skip to the end of the carouselSkip to the beginning of the carousel