515 Petronia St

1,200 Sq. Ft.
$1,167 / Sq. Ft.
1,200
Sq. Ft.
$1,167
per Sq. Ft.

Description

Introducing 515 Petronia Street, a rare Old Town offering where refined island living aligns with proven investment fundamentals. Ideally positioned between Simonton and Duval Streets, this 2-bedroom, 2-bath residence places Key West's most iconic dining, shopping, and nightlife just steps away, while maintaining a private, resort-style atmosphere. A gated entry opens to a tranquil poolside courtyard, setting the tone for seamless indoor-outdoor living. French doors connect the living spaces to the...Introducing 515 Petronia Street, a rare Old Town offering where refined island living aligns with proven investment fundamentals. Ideally positioned between Simonton and Duval Streets, this 2-bedroom, 2-bath residence places Key West's most iconic dining, shopping, and nightlife just steps away, while maintaining a private, resort-style atmosphere. A gated entry opens to a tranquil poolside courtyard, setting the tone for seamless indoor-outdoor living. French doors connect the living spaces to the outdoors, and each bedroom enjoys access to its own private patio. The kitchen features custom wood cabinetry, granite countertops, & stainless steel appliances including a gas range. Bathrooms are updated with clean, contemporary finishes, dual vanities with vessel sinks, polished chrome fixtures, & discreetly integrated in-unit laundry. The fully enclosed backyard retreat serves as the home's centerpiece, anchored by a recently resurfaced swimming pool, multiple lounge areas, and an expansive covered outdoor bar and entertaining pavilion complete with refrigeration, mounted televisions, and ambient lighting. Mature palms and tropical landscaping provide exceptional privacy and a true resort-style setting. The property benefits from high-quality, low-maintenance improvements, including a 2018 roof with Berridge Victorian metal shingles, Hardie plank siding, and Azek decking. A rare advantage in Old Town, two off-street parking spaces enhance both convenience and long-term desirability. An established professional vacation management program is already in place, offering a seamless transition for buyers seeking immediate income with minimal operational involvement. Whether held as a refined second home, a professionally managed asset, or a strategic blend of both, 515 Petronia Street represents a compelling Old Town acquisition defined by location, scarcity, quality construction, and enduring value.
  1. Listed by Tommy Mack • Coastal Collection Real Estate Inc.
  2. Listed by Jenny Benson • Coastal Collection Real Estate Inc.

Property Details for 515 Petronia Street

Waterfront
None
Waterfront
No
Zoning
HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Subdivision
Old Town - Unrecord (1.0)
Vehicle Storage
Off Street Parking
Pets
Pets Allowed
LISTING UPDATED: 01/26/2026 03:52 PM

Property Details for 515 Petronia Street

StatusActive
MLS #618308
Days on Market1
Taxes$12,681 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1968
Lot Size0.07 AC / 3,099 SF
CountyMonroe County

Location

Listing Courtesy of Coastal Collection Real Estate Inc.
Add your commute

Building Information for 515 Petronia Street

Stories1Year Built1968Building Size-Lot Size0.07 AC / 3,099 SF

Payment Calculator

$7,880 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,823

Property Taxes

$1,057

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 515 Petronia Street

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 01 - Key West
  • Absolute Longitude: 81.800228
  • 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: No
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: None
  • Furnished: Furnished
  • Tax Year: 2025
  • Tax Exemptions: None
Property
Lot Information
  • Lot Size: 38 X 95
  • Acres: 0.07
  • Parcel #: 00015960-000100
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: KW PT LOT 4 SQR 2 TR 4 & 1/6 INT IN AREA USED FOR PARKING BOOK OF WILLS OR806-234/35 OR834-1630 OR879-1673/75 OR935-607/
  • MLS Approved: Y
  • SqFt Source: Property Data Card
  • Flood Zone: X
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 39
  • Document Count: 0
  • Building Style: Above Flood: Unknown
Utilities
  • Utilities: FKAA, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: Heated: Yes
  • Pool Info: In Ground, Concrete
  • Porch/Balcony: Deck, Patio
Interior and Exterior Features
Interior Features
  • Floor: Tile
  • Appliances: Washer, Stainless Steel Appliance(s), Gas Appliances, Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Roof: Metal Roof
  • Shutters: Panel
  • Construction: Frame, Hardi Board Siding
  • Dockage: None
  • Exterior Features: Bar, Storage, Fencing
  • Windows/Doors: French Doors
Room Information
Room 1 Information
  • Room Type: Bedroom 1
  • Level: M

Property History for 515 Petronia Street

DateEvent & SourcePriceAppreciation
Jan 26, 2026

Listed (Active)

FKMLS #618308

$1,400,000
Jun 24, 2021

Expired

FKMLS #593887

Jun 2, 2021

Sold (Public Record)

Public Record #1464193588

$1,150,000

+64.4% / yr

May 4, 2021

Temp Off Market

FKMLS #593887

Feb 28, 2021

Expired

FKMLS #591943

Dec 24, 2020

Price Change

FKMLS #593887

$1,249,000
Dec 24, 2020

Listed (Active)

FKMLS #593887

$1,199,000
Dec 4, 2020

Sold (Public Record)

Public Record #685742472

$900,000

+17066.6% / yr

Nov 10, 2020

Temp Off Market

FKMLS #591943

Aug 3, 2020

Price Change

FKMLS #591943

$1,399,000
Aug 3, 2020

Listed (Active)

FKMLS #591943

$1,295,000
Feb 27, 2019

Sold (Public Record)

Public Record #641496983

$100

-54.2% / yr

Jun 6, 2007

Sold

FKMLS #105258

$950,000
Jun 1, 2007

Sold (Public Record)

Public Record #222025169

$950,000
May 29, 2007

Pending

FKMLS #105258

Mar 20, 2007

Cancelled

FKMLS #540814

Mar 20, 2007

Listed (Active)

FKMLS #540814

$998,000
Mar 13, 2007

Listed (Active)

FKMLS #105258

$998,000
Jan 7, 2007

Temp Off Market

FKMLS #103630

Oct 11, 2006

Expired

FKMLS #102464

Oct 11, 2006

Listed (Active)

FKMLS #103630

$1,085,000
Oct 10, 2006

Cancelled

FKMLS #537836

Aug 31, 2006

Listed (Active)

FKMLS #537836

$1,175,000
May 10, 2006

Listed (Active)

FKMLS #102464

$1,175,000
DateEvent & SourcePrice
01/26/2026

Listed (Active)

FKMLS #618308

$1,400,000
06/24/2021

Expired

FKMLS #593887

06/02/2021

Sold (Public Record)

Public Record #1464193588

$1,150,000

+64.4% / yr

05/04/2021

Temp Off Market

FKMLS #593887

02/28/2021

Expired

FKMLS #591943

12/24/2020

Price Change

FKMLS #593887

$1,249,000
12/24/2020

Listed (Active)

FKMLS #593887

$1,199,000
12/04/2020

Sold (Public Record)

Public Record #685742472

$900,000

+17066.6% / yr

11/10/2020

Temp Off Market

FKMLS #591943

08/03/2020

Price Change

FKMLS #591943

$1,399,000
08/03/2020

Listed (Active)

FKMLS #591943

$1,295,000
02/27/2019

Sold (Public Record)

Public Record #641496983

$100

-54.2% / yr

06/06/2007

Sold

FKMLS #105258

$950,000
06/01/2007

Sold (Public Record)

Public Record #222025169

$950,000
05/29/2007

Pending

FKMLS #105258

03/20/2007

Cancelled

FKMLS #540814

03/20/2007

Listed (Active)

FKMLS #540814

$998,000
03/13/2007

Listed (Active)

FKMLS #105258

$998,000
01/07/2007

Temp Off Market

FKMLS #103630

10/11/2006

Expired

FKMLS #102464

10/11/2006

Listed (Active)

FKMLS #103630

$1,085,000
10/10/2006

Cancelled

FKMLS #537836

08/31/2006

Listed (Active)

FKMLS #537836

$1,175,000
05/10/2006

Listed (Active)

FKMLS #102464

$1,175,000

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

Public Records for 515 Petronia Street

Taxable ValueLand$1,283,296Additions$264,923Total$1,548,219
Tax Record2024$11,863 ($989 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,200 SqFtAbove Grade Finished SqFt1,200 SqFtStories1Lot Size3,099 SqFtStyleSingle Family ResidenceYear Built1968Year Renovated2017CountyMONROEAPN00015960-000100

Schools near 515 Petronia Street

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 2 to 12
Public - K to 5
Rating
School
Distance
Horace O'bryant School
PublicPK to 8

Key West High School
Public9 to 12

Monroe Virtual Franchise
Public2 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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515 Petronia Street is a single family home for sale in Key West, FL 33040. This listing's school district is Monroe. Nearby schools include Horace O'bryant School, Key West High School and Monroe Virtual Franchise. 515 Petronia Street is a 2-bed, 2-bath, 1,200 sqft single family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coastal Collection Real Estate Inc.

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.