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1 Bed
2 Baths
767 sqft

$1,235,000

738 Olivia Street, Key West FL, 33040

Price per sqft$1,610.17
Built in1933
Property size767 sqft
Property typeResidential

Overview

Active

Listed Nov 6, 2026

Updated 37h ago

SAY HELLO TO THE KEY LIME COTTAGE. A slice of Key West, with more room than you'd expect. With lime-green siding, white trim, and a blue front door, 738 Olivia Street has a personality that carries beyond the curb. Set in the X flood zone in Old Town, this historic Conch cottage pairs classic character with two bonus spaces and indoor-outdoor living. Framed by palms, a proper Key West front porch invites coffee, conversation, and watching the world go by. You may leave later than intended. Inside, cathedral ceilings give the living space height and presence. The kitchen features quartz countertops, custom wood cabinetry, and stainless steel appliances. Impact windows and doors and mini-split cooling add comfort. Listed as one bedroom, the cottage lives well beyond its bedroom count, with a ladder-accessed sleeping loft and detached cabana providing two distinct bonus spaces. French doors open to a large covered lanai for al fresco dining or an afternoon with nowhere else to be. Living flows into the lush tropical courtyard, making the outdoors another room of the house. The cabana offers bonus space for a studio, workspace, or potential sleeping retreat, with an outdoor shower, half bath, and refrigerator nearby. For investors, the main bedroom and two bonus spaces offer potential for three separate sleeping areas, broadening rental appeal. A broad, rarely used private landscaped driveway beside the home and an expansive tropical private parking lot behind it create unusual separation. In Old Town, where cottages often stand just feet apart, this breathing room is a quiet luxury. Parking accommodates a large vehicle and potentially a moped or small golf cart in front or behind it. Duval Street is three blocks away, with Fort Zachary Taylor State Park, Higgs and Smathers beaches, restaurants, and grocery stores within biking distance. Enough nearby to fill the day. A very good porch if you decide otherwise.

$8,216/mo

Est. mortgage payment based on a $1,235,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
621972

Interior Features

Bedrooms
1
Bathrooms
2
Basement
No

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$3,077
Tax Frequency
Annually
View
Yes
Pets Allowed
Yes
MLS provider logo

Listed by Team Kaufelt with Truman & Co. (KW)
Listing Contact: 305-393-1267 

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 11/7/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 11/7/2026 at 4:43 AM UTC

 

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