Date
Details
Price
Change
Source
4/17/2026
Sold
$2,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,850,000
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Property Description
510 Margaret Street and 3 Scheppens Lane deliver an unparalleled island retreat. Ideally positioned on one of the most coveted streets in the heart of Old Town, this light-filled 4BD/4BA compound offers both comfort and privacy. The beautifully updated 3BD/3BA main residence features restored Dade County Pine walls, striking hardwood floors, Verde granite countertops, Thermador stainless appliances including a large wine cooler, and a stunning vaulted great room. The detached 1BD/1BA guest cottage offers its own full bath, fully equipped kitchen, living room. It can be accessed from its own private lane- ideal for hosting family and friends. Just off the cottage is a private off-street space to accommodate a golf cart. Both homes are designed with entertaining in mind- with bright, open living areas that flow seamlessly to the private backyard oasis, and easy access to a large built-in wine cooler. Outside, a serene pool complete with a stacked-stone waterfall provides the perfect sanctuary for relaxing or entertaining in true Key West style. Don't miss the chance to see this exceptional Old Town property that showcases meticulous renovation, high-end finishes, and historic charm.
Full Property Details
Full Property Details for 510 Margaret St
General
- Sold For: $2,850,000
- Taxes: $16,302 (2024)
- Status: Closed
- Type: Single Family
- Source: 927
- MLS ID: 617723
- Added to Site: 149 day(s) ago
Interior
- Interior Features: Built-in Cabinets, Cathedral Ceilings, Dade County Pine, Granite Counter Top
- Appliances: Stainless Steel Appliance(s), Dishwasher, Dryer, Freezer, Gas Appliances, Microwave, Oven, Range, Refrigerator, Washer, Wine Cooler
- Flooring: Wood, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: Concrete, Heated, In Ground
Exterior
- Exterior Features: Lighting, Detached Guest Qtrs, Fencing, Outdoor Shower, Privacy Wall/Fence, Water Display
- Deck/Patio: Open Porch/Balcony, Deck
- Porch/Patio/Deck: Open Porch/Balcony, Deck
Location
- Area: 02 - Key West
- County: Monroe
- Subdivision: Old Town - Unlisted (1.0)
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fans(s)
Structural Information
- Architectural Style: Above Flood
- Construction Status: Updated/Remodeled
- Construction: Frame
- Roof: Metal
- Windows/Doors: Impact Rstnce Doors, Other Windows/Doors, Shutters
- Square Feet: 1,968
- Sq. Ft. Source: Appraisal
- Year Built: 1938
- Property Condition: Updated/Remodeled
Unit Information
- Units in Building: 2
Lot Features
- Property View: No Waterview
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,155
- Lot Size Source: Property Data Card
- Zoning: HHDR - Historic High Density Residential
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $16,302.41
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: KW PT LT 2 SQR 47 OR601-797 OR802-1368 OR932-1484 OR990-1867 OR1206-1740/41 OR1227-2103/05 OR1259-2398 OR1370-1104/06
- Flood Zone: AE
- APN: 00008220-000000 00008240000000
Listed and Sold by Brenda Donnelly Real Estate LLC, Brenda J Donnelly (305) 304-1116
Listing agent
— 510 Margaret St —
Brenda J Donnelly
Brenda Donnelly Real Estate LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 510 Margaret St
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Horace O'bryant School 1105 Leon Street, Key West, FL 33040 | 6-8 | 0.7 mi |
Gerald Adams Elementary School 5855 College Road, Key West, FL 33040 | PK-5 | 3.6 mi |
Key West High School 2100 Flagler Avenue, Key West, FL 33040 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 510 Margaret St
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- Single Family
- Active
- Updated 10 hours ago
- 4Beds
- 5Total Baths
- 3,220Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 1,800Sq. Ft.
- Single Family
- Active
- Updated 23 hours ago
- 4Beds
- 5Total Baths
- 2,412Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 4Total Baths
- 2,286Sq. Ft.
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- Mobile Home
- Active
- Updated 9 hours ago
- 3Beds
- 3Total Baths
- 1,222Sq. Ft.
- Mobile Home
- Active
- Updated 9 hours ago
- 2Beds
- 2Total Baths
- 873Sq. Ft.
- Single Family
- Active
- Updated 9 hours ago
- 2Beds
- 2Total Baths
- 1,344Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 4Total Baths
- 2,409Sq. Ft.
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- Single Family
- Active
- Updated 12 hours ago
- 3Beds
- 2Total Baths
- 1,968Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,667Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,376Sq. Ft.
- Single Family
- Active
- Updated 2 hours ago
- 5Beds
- 3Total Baths
- 2,941Sq. Ft.
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- Single Family
- Closed
- Updated 12 hours ago
- 3Beds
- 3Total Baths
- 1,600Sq. Ft.
- Single Family
- Closed
- Updated 13 hours ago
- 2Beds
- 3Total Baths
- 2,940Sq. Ft.
- Single Family
- Closed
- Updated 13 hours ago
- 5Beds
- 4Total Baths
- 2,349Sq. Ft.
- Single Family
- Closed
- Updated 12 hours ago
- 3Beds
- 3Total Baths
- 1,851Sq. Ft.
510 Margaret Street, Key West, FL 33040 (MLS# 617723) is a Single Family property that was sold at $2,850,000 on April 17, 2026. Want to learn more about 510 Margaret Street? Do you have questions about finding other Single Family real estate for sale in Key West? You can browse all Key West real estate or contact a Coldwell Banker agent to request more information.