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738 Olivia Street, Key West, FL 33040
New Listing
$1,235,000
Property Type:
Residential
Bedrooms:
1
Baths:
2
Square Footage:
767
Lot Size (sq. ft.):
2,191
Status:
Active
Current Price:
$1,235,000
List Date:
11/06/2026
Last Modified:
11/06/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# 621972
Location, Tax & Legal
- Street #
- 738
- Street Name
- Olivia
- Street Suffix
- Street
- Key/Island
- Key West
- State/Province
- FL
- Zip Code
- 33040
- County
- Monroe
- Subdivision
- Carletons Compound (1.0)
- Area
- 01 - Key West
Contract Information
- Listing Board
- Key West Association
General Property Description
- Realtor.COM Type
- Residential - Single Family
- Style
- Single Family
- Waterfront
- No
- Pool
- No
- Year Built
- 1933
- Lot SqFt
- 2191
- Acres
- 0.05
- Living Apx SqFt
- 767
- SqFt Source
- Tax Records
- Total Bedrooms
- Yes
- Full Baths
- Yes
- Half Baths
- Yes
- Total Baths
- 2
- Rentals Allowed
- With Restrictions
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
Building Style
- Above Flood
- Yes
More Information
Property Features
Fee Includes:
None
Tax Exemptions:
Homestead
Waterfront:
None
Waterview:
No Waterview
Dockage:
None
Building Style:
A-Frame
Vehicle Storage:
Off Street Parking
Furnished:
Furnished
Utilities:
Buyer to Verify
Interior Features:
Built-in Cabinets; Cathedral Ceilings
Appliances:
Dishwasher; Disposal; Dryer; Oven; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features:
Fencing; Lanai; Outdoor Shower; Privacy Wall/Fence
Construction:
Frame
Roof:
Metal Roof
Pets:
Pets Allowed
Land Size:
Less Than 1/4 Acre
Listing Office:
Truman & Co. (KW)
Last Updated: November - 06 - 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.