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Sold on 03/03/2022

709 Olivia St, Key West, FL 33040

$1,397,000

Last sold 03/03/2022 for $1.29M

  • 2

    bed

  • 4

    bath

  • 1,176

    Sqft ($1,101/Sqft)

Multi-family not for sale
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About 709 Olivia St

Property type Multi-family
Year built 1933
HOA fee $0/month
Lot size 2,200 Sqft
Movoto estimate
Rental estimate
Property description
A LEGAL DUPLEX IN OLD TOWN! This home is set up as a legal 1176sf duplex in the heart of Old Town. This exceptionally well maintained and expertly renovated duplex with historic architecture, vaulted ceilings with exposed beams and skylights give you that bright and airy feel. Each unit is identical in square footage with 1 Bedroom and 1.5 Bathrooms and have each been redesigned with updated kitchens, bathrooms, and storage. Step outside to the large covered porch with plenty of space for dining and lounging. 709 Olivia Street is a totally fenced property with plenty of privacy and is only blocks from World famous Duval Street and all of the amenities of Old Town. Off-street parking and being located in the X-Flood Zone make life on our beautiful tropical island easy!
Listed by
Listing Agent - Wade J Meyer
Listing Office - Real Estate Management of Key West, LLC
Source: FKBOR MLS mls logo
MLS#598245 • last updated 2 years ago
Movoto checked FKBOR MLS for data 1 hour ago
Overview
Cooling/AC Ceiling Fans(s), Heat, Ductless
MLS # 598245
Type Residential
SqFt 1176
Status Closed
SubType Duplex
Lot Size (Sqft) 2200
Lot Size (Acres) 0.05
Property Tax 5887.31
Year Built 1933
Condition Updated/Remodeled
Interior
Total # of Bathrooms 4
# of Full Baths 2
# of Half Baths 2
Total # of Bedrooms 2
Total # of Rooms 10
Laundry Laundry Room
Flooring Wood
Appliances Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Freezer, Ice Machine, Wine Cooler, Stainless Steel Appliance(s)
Interior Features Built-in Cabinets, Security System, Sky Light(s), Storage
Exterior
Construction Frame
Exterior Features Fencing, Rain Gutters, Lighting, Privacy Wall/Fence
Patio/Porch Open Porch/Balcony, Deck, Patio
Amenities / Utilities
Utilities Water Separate Meter, Elect Separate Meter, Cable Available
HOA Fee Includes None
Location
County Monroe
Subdivision Old Town - Unrecord (1.0)
APN 00019010-000000
Zoning HMDR - Historic Medium Density Residential
Directions South On Truman To Elizabeth, Turn Right And Go One Block To Olivia (a One Way Back To The North) Turn Right And The Home Is The Second On Your Left Facing Olivia.
Multifamily Details
Total # of Units 2
$1.39M
Range: $1.31M-$1.48M
Last 30 days 
Rental est.: $2,890/month
Gross rent multiplier: 37.3
  • Aug 2026
    mls logo MLS # 621163
  • Aug 31, 2026 Listed
    $1,395,000
  • Aug 2026
    mls logo MLS # 621159
  • Aug 31, 2026 Listed
    $1,395,000 (-2.1%)
  • Aug 2026
    mls logo MLS # 619087
  • Aug 20, 2026 Price Change
    $1,425,000 (-90.0%)
  • Aug 20, 2026 Price Change
    $14,250,000 (+862.8%)
  • Aug 3, 2026 Price Change
    $1,480,000 (-5.1%)
  • Apr 2, 2026 Price Change
    $1,560,000 (-1.3%)
  • Mar 16, 2026 Listed
    $1,580,000 (+22.0%)
  • Mar 15, 2026 Listed
    —
  • Mar 2022
    Public Records
  • Mar 4, 2022 Sold
    $1,295,000
  • Mar 2022
    mls logo MLS # 598245
  • Mar 3, 2022 Sold
    $1,295,000
  • Oct 27, 2021 Listed
    $1,295,000 (+20.5%)
  • Jun 2021
    Public Records
  • Jun 17, 2021 Sold
    $1,075,000
  • Jun 2021
    mls logo MLS # 596093
  • Jun 16, 2021 Sold
    $1,075,000 (-1.8%)
  • May 18, 2021 Contingent
    —
  • May 17, 2021 Listed
    $1,095,000 (-4.8%)
  • Mar 2021
    mls logo MLS # 594914
  • Mar 29, 2021 Price Change
    $1,150,000 (-8.0%)
  • Mar 1, 2021 Listed
    $1,250,000 (+127.3%)
  • Jun 2016
    Public Records
  • Jun 6, 2016 Sold
    $550,000
  • Year Property taxes Tax assessment
  • 2024
    $11,423 -0.2%
    $1,270,809 +1.04%
  • 2023
    $11,450 +23.3%
    $1,257,691 +23.64%
  • 2022
    $9,288 +33.0%
    $1,017,199 +26.1%
  • 2021
    $6,981 +18.6%
    $806,685 +39.68%
  • 2020
    $5,887 +0.9%
    $577,524 +1.8%
  • 2019
    $5,837 +15.9%
    $567,298 +21.18%
  • 2018
    $5,039 -1.8%
    $468,140 -0.32%
  • 2017
    $5,128 +104.8%
    $469,628 +77.34%
  • 2016
    $2,504 +4.1%
    $264,823
  • 2015
    $2,404
    —
  • 709 Olivia St
    $1.29M
  • —
  • 33040
    $999K -22% y/y
  • Key West
    $1.01M -21% y/y
No chart available
Statistics calculated by Movoto

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3/10
Horace O'bryant School
public Grades PK, K-8
Monroe
5/10
Key West High School
public Grades 9-12
Monroe
Source: GreatSchools.org © 2026. All rights reserved.

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