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714 Olivia Street # 6, Key West, FL 33040
$1,225,000
Property Type:
Residential
Bedrooms:
1
Baths:
1
Square Footage:
475
Status:
Active
Current Price:
$1,225,000
List Date:
9/03/2026
Last Modified:
9/03/2026
Overview
Description
...
(Read more)
A TRANSIENT LICENSED vacation rental located in the heart of Old Town Key West, the X flood zone and just 2.5 blocks from world famous Duval Street. The transient license allows for nightly rentals. A savvy investor could pounce on this rare opportunity to own a well-managed income producing property with excellent history & immediate income. Unit 6, aka Hidden Oasis, is 1 of only 11 units within the coveted enclave known as The Colony which features a large heated community pool, shared off-street parking and a gated entry to the pool area & the unit, all managed by the HOA. Hidden Oasis has a prime location within the community tucked into the back left corner with an entry deck and an abundant private rear deck that includes exclusive use of umbrella seating for 4, a propane grill, a full size washer & dryer and an outdoor shower stall. This well maintained unit has an updated kitchen, bathroom and mini-split air conditioning. The living area is light & airy with transom windows, vaulted ceilings and a well-appointed open kitchen. The spacious bedroom features a king sized bed, tropical décor and access to the front deck. Pride of ownership is obvious when you review the recent history of this owner managed HOA. The community pool was resurfaced in 2021, all buildings had new metal roofs installed in 2023 and all buildings were termite tented August 2026. Take advantage of this rare opportunity for an excellent Key West investment with an owner use option. With local property management & HOA management already in place, Hidden Oasis makes for an immediate complete turnkey 'hands-free' vacation rental ownership choice for a remote owner. Sold furnished with future bookings.
Listing Details MLS# 621189
Location, Tax & Legal
- Street #
- 714
- Street Name
- Olivia
- Street Suffix
- Street
- Key/Island
- Key West
- State/Province
- FL
- Zip Code
- 33040
- County
- Monroe
- Subdivision
- Old Town - Unlisted (1.0)
- Area
- 02 - Key West
Contract Information
- Listing Board
- Key West Association
- As is Rght to Inspct
- Yes
General Property Description
- Realtor.COM Type
- Residential - Condo/Townhouse
- Style
- Condo
- Waterfront
- No
- Pool
- Yes
- Year Built
- 1943
- Living Apx SqFt
- 475
- SqFt Source
- Property Data Card
- Total Bedrooms
- Yes
- Full Baths
- Yes
- Total Baths
- Yes
- Rentals Allowed
- Yes
- Min Rental Days
- Yes
Association Info
- Mandatory Home Owners Asc
- Yes
- Condo Doc's
- Yes
- 1st Right of Refusal
- No
- Association Fee $
- 2500
- Assoc/Mnt Fee Per
- Quarterly
License Info
- Transient Rntl Licns
- Yes
More Information
Building Style
- Above Flood
- Yes
Pool Info
- Heated
- Yes
Financial Status
- Standard Sale
- Yes
Property Features
Fee Includes:
Bldg Exterior Mnt; Building Insurance; Common Area Mnt; Sewer; Water
Tax Exemptions:
None
Waterfront:
None
Waterview:
No Waterview
Dockage:
None
Property Condition:
Updated/Remodeled
Furnished:
Furnished
Cooling:
Ceiling Fans(s); Ductless
Utilities:
Elect Separate Meter; FKAA; Municipal Sewer
Interior Features:
Quartz Countertops; Smoke Alarms; Window Treatments
Appliances:
Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features:
Fencing; Outdoor Shower; Rain Gutters
Pool Info:
In Ground; Concrete; Decked
Construction:
Frame
Floor:
Tile
Roof:
Metal Roof
Neighborhood Feature:
Community Pool
Land Size:
Less Than 1/4 Acre
Title:
Negotiable
Documents
Listing Office:
Key West Sales, LLC
Last Updated: September - 03 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
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