308 Margaret St, Unit 2

420 Sq. Ft.
$1,655 / Sq. Ft.
420
Sq. Ft.
$1,655
per Sq. Ft.

Description

This darling free standing cottage is part of a six unit condominium association. It feels more like a single family home as it is not attached to another property. Inside, the excellent floor plan provides lots of space to comfortably enjoy life in Key West. There is a light filled living / dining room, a well equipped kitchen, a full bath and a primary bedroom with tons of storage and a washer/dryer. The bright interior is fully furnished and creates a relaxed island atmosphere. A back door leads...This darling free standing cottage is part of a six unit condominium association. It feels more like a single family home as it is not attached to another property. Inside, the excellent floor plan provides lots of space to comfortably enjoy life in Key West. There is a light filled living / dining room, a well equipped kitchen, a full bath and a primary bedroom with tons of storage and a washer/dryer. The bright interior is fully furnished and creates a relaxed island atmosphere. A back door leads to a small patio where one can dine alfresco or just enjoy the breeze. The pool gets lots of sun and provides a nice place to spend the day. Just outside the compound all of Key West's sought after venues are within an easy walk. The harbour promenade is only a block away and one can easily stroll to Duval, shops, restaurants and entertainment. This charming cottage is in a perfect location for easy access to everything Key West has to offer. Being conveyed fully furnished and equipped, all one has to do is bring their suitcase and start enjoying life at 308 Margaret Street #2.
  1. Listed by Laura A McChesney • Preferred Properties (KW)

Property Details for 308 Margaret Street, Unit 2

Waterfront
None
Waterfront
No
Zoning
HMDR - Historic Medium Density Residential
Subdivision
Old Town - Unlisted (1.0)
Directions
Margaret between Caroline and Eaton Street. Gate to the compound. Please don't walk on the property without an appointment.
Building Style
Conch
LISTING UPDATED: 01/30/2026 09:50 AM

Property Details for 308 Margaret Street, Unit 2

StatusClosed
MLS #617138
Days on Market74
Taxes$4,806 / year
HOA Fees$2,600 / year
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1954
CountyMonroe County

Location

Listing Courtesy of Preferred Properties (KW)

Sold By Preferred Properties (KW)

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Building Information for 308 Margaret Street, Unit 2

Building/Complex308 Margaret StFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built1954

Payment Calculator

$4,004 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,387

Property Taxes

$401

HOA Dues

$217

The Payment Calculator is for illustrative purposes only.

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Property Information for 308 Margaret Street, Unit 2

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 02 - Key West
  • Absolute Longitude: 81.799781
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Median
  • KW Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.0
  • Marathon Neighborhood: N/A
  • Key/Island: Key West
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: Condo Doc's: Yes
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: Common Area Mnt
  • Tax Year: 2024
  • Tax Exemptions: None
Property
Lot Information
  • Acres: 0.02
  • Parcel #: 00003100-000302
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: UNIT 2 308 MARGARET STREET A CONDOMINIUM OR1825-1596/97 OR2501-1525/26 OR2894-1505
  • MLS Approved: Y
  • SqFt Source: Tax Records
  • Flood Zone: AE
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Yes
  • Picture Count: 7
  • Document Count: 0
  • Building Style: Above Flood: Unknown
  • Title: Title Ins - Seller
Utilities
  • Utilities: FKAA, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: In Ground, Concrete
Interior and Exterior Features
Interior Features
  • Floor: Combo
  • Appliances: Washer, Range, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Roof: Metal Roof
  • Shutters: Panel
  • Construction: Frame
  • Dockage: None

Property History for 308 Margaret Street, Unit 2

DateEvent & SourcePriceAppreciation
Jan 29, 2026

Sold (Public Record)

Public Record #1928289657

$695,000

+5.4% / yr

Jan 29, 2026

Sold

FKMLS #617138

$695,000
Jan 14, 2026

Pending

FKMLS #617138

Nov 1, 2025

Backup Contract

FKMLS #617138

Nov 1, 2025

Listed (Active)

FKMLS #617138

$695,000
Oct 24, 2002

Sold (Public Record)

Public Record #104220948

$205,000
Oct 23, 2002

Sold

FKMLS #91465

$205,000
Apr 5, 2002

Pending

FKMLS #91465

Feb 15, 2002

Listed (Active)

FKMLS #91465

$195,000
DateEvent & SourcePrice
01/29/2026

Sold (Public Record)

Public Record #1928289657

$695,000

+5.4% / yr

01/29/2026

Sold

FKMLS #617138

$695,000
01/14/2026

Pending

FKMLS #617138

11/01/2025

Backup Contract

FKMLS #617138

11/01/2025

Listed (Active)

FKMLS #617138

$695,000
10/24/2002

Sold (Public Record)

Public Record #104220948

$205,000
10/23/2002

Sold

FKMLS #91465

$205,000
04/05/2002

Pending

FKMLS #91465

02/15/2002

Listed (Active)

FKMLS #91465

$195,000

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

Public Records for 308 Margaret Street, Unit 2

Taxable ValueLand$456,764Additions$143,363Total$600,127
Tax Record2024$4,806 ($400 / month)
Home Facts
Beds1Baths1Total Finished SqFt420 SqFtAbove Grade Finished SqFt420 SqFtStories1Lot Size6,801 SqFtStyleSingle Family ResidenceYear Built1954Year Renovated2015CountyMONROEAPN00003100-000302

Schools near 308 Margaret Street, Unit 2

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 12
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Gerald Adams Elementary School
PublicPK to 5

Monroe Virtual Instruction Program
PublicK to 12

Key West High School
Public9 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 Preferred Properties (KW)

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.