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1503 Johnson Street, Key West, FL 33040

$1,950,000
  • 1503 Johnson Street, Key West, FL 33040 Main Photo

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Active Price Reduced by $200,000 on May 28th, 2026
BEDS3 BATHS3 full SQUARE FEET1,690 MLS#618284
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONNew Town - Unlisted (20)

Property Description

Welcome to 1503 Johnson Street, a turnkey luxury retreat in the heart of Key West's coveted Midtown neighborhood, just four blocks from the Atlantic.Set behind a fully fenced corner lot draped in mature tropical landscaping, this exceptional three-bedroom, three-bathroom residence delivers the privacy, polish, and income potential that today's discerning buyer demands. From the moment you arrive, the resort atmosphere is unmistakable.Inside, soaring vaulted ceilings, French doors, and a thoughtfully designed split floor plan create an effortless flow between spaces. Custom Closets, a fully reimagined kitchen with quartz countertops, coordinated backsplash, and professional Cafe appliances, and whole home, remote controlled electric blinds reflect a level of finish that sets this property apart.Outside, the wrap-around patio and heated and chilled pool with water feature create an outdoor living experience guests pay a premium for, as evidenced by documented monthly rental income of $16,000 to $25,000. Mature palms, curated tropical plantings, and luxury outdoor furnishings, all included, complete the picture.For the practical buyer, every box is checked: whole-house generator, new roof, dedicated private parking with room for a trailer, two exterior storage units, and an additional outdoor shed with freezer. Nothing has been overlooked.This is a rare opportunity to acquire a fully improved, income-producing Key West property with everything already in place. Offered turnkey and priced to sell.

1503 Johnson Street | MLS# 618284

This single family home located at 1503 Johnson Street, Key West, FL 33040 is currently listed for sale with an asking price of $1,950,000. This property was built in 1958 and has 3 bedrooms and 3 full baths with 1690 sq. ft. Johnson Street is located in the New Town - Unlisted (20) subdivision. Search New Town - Unlisted (20) real estate on miajames.adamscameron.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Lot Size: 0.12 Acres
Roof Type: Metal Roof
Stories: 1.0
Taxes: $10,661
Year Built: 1958

Feature Descriptions

Accessibility: Parking
Appliances: Washer, Ice Machine, Gas Appliances, Freezer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
Building Above Flood: No
Days on Site: 129
Dockage: None
Exterior: Fencing, Lighting
Exterior: CBS
Flood Zone: AE
Flooring: Tile
Furnished: Furnished
Furnished: Yes
HOA (1st Right of Refusal) Y/N: No
HOA (Mandatory) Y/N: No
Interior: Drapes/Blinds Incl, Window Treatments, Quartz Countertops, Sky Light(s), Storage, Smoke Alarms
Key/Island: Key West
Key West Neighborhood: Midtown West
Listing Board: Key West Association
Lot Dimensions: 0.12Acre(s)
Off Shore Island: No
Parcel #: 00061980-000000
Parking: Off Street Parking
Pets: Pets Allowed
Pool: In Ground, Salt Water
Porch/Balcony: Patio
Property Condition: Updated/Remodeled
Sewer Hookup: Yes
Shutters: Roll Down Electric
Specialty Rooms: Laundry Room
Swimming Pool: Yes
Tax exemptions: None
Units: 1
Utilities: FKAA, Propane, Whole House Generatr
Waterfront: None
Waterview: No Waterview
Windows/Doors: French Doors, Aluminum Windows
Zoning: SF - Single Family

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Schmitt Real Estate Co. (KW)
Agency Phone: (305) 296-7727

Shown By

Agent Name: Mia James
Agent Phone: (386) 334-6698
Agency Title: Adams Cameron & Co. REALTORS

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Estimated Payment

$ 11,835.89 per month $10,378.72 Principal & Interest $888.42 Property Tax $568.75 Homeowner's Insurance

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