1202 Royal Street, Key West, FL 33040 (MLS# 620994)

1202 Royal Street, Key West, FL 33040

New Listing
$2,550,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 1,674 Lot Size (sq. ft.): 3,720 Status: Active
Current Price: $2,550,000 List Date: 8/15/2026 Last Modified: 8/15/2026

Overview

Description

Welcome to 1202 Royal Street, a beautifully reimagined and rebuilt Key West residence where thoughtful design, modern construction, and exceptional Old Town location come together. Featuring four (4) bedrooms and three-and-a-half (3.5) bathrooms, this property has been rebuilt from the ground up with meticulous attention to detail. Located in coveted Historic Old Town and the highly desirable X Flood Zone, 1202 Royal Street places you in the heart of everything that makes Key West special. Step through the stunning mahogany hurricane-impact front door into a bright interior with soaring ceilings, natural light, and a striking floating staircase leading to the second floor. The home flows effortlessly into an expansive open-concept kitchen and living area designed for both everyday living and entertaining. Open the home to your private backyard, where IPE decking, a heated and chilled pool, and separate hot tub create the perfect indoor/outdoor lifestyle and an ideal setting for enter ...

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Listing Details MLS# 620994

Location, Tax & Legal

Street #
1202
Street Name
Royal
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
County
Monroe
Subdivision
Investment Co Sub (1.0)
Area
02 - Key West
KW Neighborhood
Old Town-S of Truman
City
KEY WEST
Mile Marker
1
Marathon Neighborhood
N/A
Side
Median
Flood Zone
0.2 PCT ANNUAL CHANC
Alternate Key #
1030210
Parcel #
00029450-000000
Zoning
HMDR - Historic Medium Density Residential
Deed Restrictions
Unknown
Legal
KW INVESTMENT CO SUB PB1-49 PT LOT 14 SQR 1 TR 12 OR128-113 OR344-560 OR471-670 OR624-283 OR783-1511 OR1010-62 OR1010-59
Taxes
10393.04
Tax Year
2025
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Key West Association
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
No
Pool
Yes
Year Built
1933
Lot SqFt
3720
Acres
0.09
Living Apx SqFt
1674
SqFt Source
Seller
Total Bedrooms
4
Full Baths
3
Half Baths
Yes
Total Baths
4
Rentals Allowed
With Restrictions
Min Rental Days
30
Control Depth
0
Total Units
0

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

Building Style

Above Flood
Unknown

More Information

Pool Info

Heated
Yes
In Ground
Yes
Concrete
Yes

Financial Status

Bank Owned
No
Potential Short Sale
No
Standard Sale
Yes

Remarks & Misc

Remarks – Consumer
Welcome to 1202 Royal Street, a beautifully reimagined and rebuilt Key West residence where thoughtful design, modern construction, and exceptional Old Town location come together. Featuring four (4) bedrooms and three-and-a-half (3.5) bathrooms, this property has been rebuilt from the ground up with meticulous attention to detail. Located in coveted Historic Old Town and the highly desirable X Flood Zone, 1202 Royal Street places you in the heart of everything that makes Key West special. Step through the stunning mahogany hurricane-impact front door into a bright interior with soaring ceilings, natural light, and a striking floating staircase leading to the second floor. The home flows effortlessly into an expansive open-concept kitchen and living area designed for both everyday living and entertaining. Open the home to your private backyard, where IPE decking, a heated and chilled pool, and separate hot tub create the perfect indoor/outdoor lifestyle and an ideal setting for entertaining family and friends. The ground-floor primary suite offers privacy from the rest of the home and features a beautiful ensuite bath. Upstairs, two additional bedrooms share a thoughtfully designed Jack-and-Jill bathroom, providing comfortable accommodations for family and guests. The detached guest house, configured as a legal duplex with separate water and electric meters, adds tremendous versatility. Use it as a luxurious pool house, private guest quarters, additional primary suite, or completely separate living space. Additional features include impact windows and doors, spray-foam insulation, IPE decking, two A/C zones in the main residence, ductless climate control in the guest house, fire sprinkler systems in both residences, and numerous additional upgrades throughout. Come experience 1202 Royal Street and discover what it means to live like royalty in Key West!

License Info

Non Trans Rntl Lic
Yes

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

Homestead
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Oven
Yes
Refrigerator
Yes
Stainless Steel Appliance(s)
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes
Ductless
Yes

Heating

Hot Water
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Floor

Wood
Yes

Interior Features

Fire Sprinkler
Yes
Split Bedroom
Yes

Property Condition

New Construction
Yes

Windows/Doors

Impact Rstnce Doors
Yes
Impact Rstnce Window
Yes

Vehicle Storage

Off Street Parking
Yes

Construction

Combo Construction
Yes
Frame
Yes

Land Size

Less Than 1/4 Acre
Yes

Furnished

Negotiable
Yes

Utilities

Buyer to Verify
Yes
Elect Separate Meter
Yes
FKAA
Yes
Municipal Sewer
Yes
Water Separate Meter
Yes

Porch/Balcony

Open Porch/Balcony
Yes

Title

Negotiable
Yes

Roof

Metal Roof
Yes

Property Features

Fee Includes: None Tax Exemptions: Homestead License Info: Non Trans Rntl Lic Waterfront: None Waterview: No Waterview Dockage: None Property Condition: New Construction Vehicle Storage: Off Street Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air; Ductless Heating: Hot Water Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Fire Sprinkler; Split Bedroom Appliances: Dishwasher; Dryer; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Pool Info: In Ground; Concrete Construction: Combo Construction; Frame Floor: Wood Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Title: Negotiable
Listing Office: RE/MAX Keys Connection (KW)
Last Updated: August - 15 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.