1511 Johnson St

1,615 Sq. Ft.
$1,703 / Sq. Ft.
1,615
Sq. Ft.
$1,703
per Sq. Ft.

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....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!

Property Details for 1511 Johnson Street

Waterfront
None
Waterfront
No
Zoning
SF - Single Family
Subdivision
White & Pierce Diagram (1.0)
Directions
Johnson street is between Flagler Ave. and Laird Street.
Building Style
Ground Level
Vehicle Storage
Carport, Off Street Parking, Auto Door Opener
Pets
Pets Allowed
LISTING UPDATED: 04/30/2026 03:50 PM

Property Details for 1511 Johnson Street

StatusClosed
MLS #616872
Days on Market184
Taxes$10,862 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family
Year Built1958
Lot Size0.12 AC / 5,280 SF
CountyMonroe County

Location

Listing Courtesy of Ocean Sotheby's International Realty

Sold By Last Key Realty, Inc (KW)

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Building Information for 1511 Johnson Street

Stories1Year Built1958Building Size-Lot Size0.12 AC / 5,280 SF

Payment Calculator

$14,753 per month

30 year fixed, 6.46% Interest

Principal and Interest

$13,848

Property Taxes

$905

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1511 Johnson Street

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 02 - Key West
  • Absolute Longitude: 81.783355
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Median
  • KW Neighborhood: Midtown West
  • Mile Marker: 1.0
  • Marathon Neighborhood: N/A
  • Neighborhood Feature: Beach, Bike Paths
  • Key/Island: Key West
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • License Info: # of City License: 1
  • License Info: # of County License: YES
  • License Info: Transient Rntl Licns: Yes
  • Fee Includes: None
  • Furnished: Furnished
  • Tax Year: 2024
  • Tax Exemptions: None
Property
Lot Information
  • Acres: 0.12
  • Parcel #: 00062070-000000
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: KW PT TR 29 JOHNSON ST OR206-385/88 OR511-903 OR896-244/45 OR1069-694/95 OR1415-1544/46 OR1987-2108 OR2473-513/15 OR304
  • MLS Approved: Y
  • SqFt Source: Tax Records
  • Flood Zone: AE
  • Rentals Allowed: Yes
  • Deed Restrictions: No
  • Picture Count: 36
  • Document Count: 0
  • Building Style: Above Flood: No
  • Property Condition: Updated/Remodeled
  • Security: Electric Gate
Utilities
  • Utilities: FKAA
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: Yes
  • Pool Info: In Ground, Concrete
  • Porch/Balcony: Patio
Interior and Exterior Features
Interior Features
  • Floor: Tile
  • Interior Features: Smoke Alarms, Walk-in Closet(s), Storage
  • Pre-Wired: Cable
  • Appliances: Washer, Oven, Range, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Roof: Other Roof
  • Shutters: Panel
  • Construction: CBS, Combo Construction
  • Dockage: None
  • Exterior Features: Fencing, Water Display, Privacy Wall/Fence
  • Windows/Doors: Single Hung Windows, Impact Rstnce Doors, French Doors
Room Information
  • Specialty Rooms: Laundry Room, Other

Property History for 1511 Johnson Street

DateEvent & SourcePriceAppreciation
Apr 30, 2026

Sold

FKMLS #616872

$2,750,000
Apr 14, 2026

Pending

FKMLS #616872

Apr 14, 2026

Backup Contract

FKMLS #616872

DateEvent & SourcePrice
04/30/2026

Sold

FKMLS #616872

$2,750,000
04/14/2026

Pending

FKMLS #616872

04/14/2026

Backup Contract

FKMLS #616872

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1511 Johnson Street

Taxable ValueLand$781,440Additions$322,505Total$1,103,945
Tax Record2024$10,862 ($905 / month)
Home Facts
Beds3Baths3Total Finished SqFt1,615 SqFtAbove Grade Finished SqFt1,615 SqFtStories1Lot Size5,280 SqFtStyleSingle Family ResidenceYear Built1958Year Renovated2004CountyMONROEAPN00062070-000000

Schools near 1511 Johnson Street

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - PK to 8
Charter - 9 to 12
Rating
School
Distance
Horace O'bryant School
PublicPK to 8

Key West High School
Public9 to 12

May Sands Montessori School
CharterPK to 8

Somerset Island Prep
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Ocean Sotheby's International Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.