1511 Johnson Street, Key West, FL 33040 (MLS# 616872)

1511 Johnson Street, Key West, FL 33040

$2,750,000

Virtual Tour

https://players.brightcove.net/5782667259001/default_default/index.html?videoId=6382797202112

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,615 Lot Size (sq. ft.): 5,280 Status: Closed

Current Price: $2,750,000 List Date: 12/13/2025 Last Modified: 4/30/2026

Overview

Description

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 reso ... (Read more)

Listing Details MLS# 616872

Location, Tax & Legal

Street #: 1511
Street Name: Johnson
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: White & Pierce Diagram (1.0)
Area: 02 - Key West

Contract Information

Listing Board: Key West Association
As is Rght to Inspct: Yes
Species List: No

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: Yes
Year Built: 1958
Total Units: Yes
Lot SqFt: 5280
Lot Sqft Source: Tax Records
Acres: 0.12
Living Apx SqFt: 1615
SqFt Source: Tax Records
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: Yes

Status Change Info

Under Contract Date: 2026-04-14
Leased Date: 2026-04-30
Sold Comments: Thank you Chris and Sharon!

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

License Info

# of City License: Yes
Transient Rntl Licns: Yes

More Information

Building Style

Above Flood: No
# Stories: 1 Story

Vehicle Storage

Car(s): 2

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Ground Level Vehicle Storage: Carport; Auto Door Opener; Off Street Parking Furnished: Furnished Cooling: Central Air Heating: Central Utilities: FKAA Interior Features: Smoke Alarms; Storage; Walk-in Closet(s) Pre-Wired: Cable Specialty Rooms: Laundry Room; Other Appliances: Dishwasher; Dryer; Oven; Range; Refrigerator; Washer Exterior Features: Fencing; Privacy Wall/Fence; Water Display Pool Info: In Ground; Concrete Construction: CBS; Combo Construction Shutters: Panel Floor: Tile Roof: Other Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths Security: Electric Gate Land Size: Less Than 1/4 Acre Terms: Cash; Conventional

Listing Office: Ocean Sotheby's International Realty

Last Updated: April - 30 - 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.