738 Olivia Street 621972
Active 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.
| Price: | $1,235,000 |
|---|---|
| Address: | 738 Olivia Street |
| City: | Key West |
| State: | Florida |
| Zip Code: | 33040 |
| Subdivision: | Carletons Compound (1.0) |
| MLS: | 621972 |
| Year Built: | 1933 |
| Square Feet: | 767 |
| Acres: | 0.05 |
| Lot Square Feet: | 0.05 acres |
| Bedrooms: | 1 |
| Bathrooms: | 2 |
| Half Bathrooms: | 1 |
| roof2: | Metal Roof |
|---|---|
| dockage: | None |
| taxYear: | 2025 |
| landSize: | Less Than 1/4 Acre |
| furnished: | Furnished |
| mlsStatus: | Active |
| waterview: | No Waterview |
| appliances: | Washer, Dryer, Dishwasher, Refrigerator, Oven, Disposal, Stainless Steel Appliance(s) |
| postalCity: | KEY WEST |
| utilities2: | Buyer to Verify |
| waterfront: | None |
| lotSizeArea: | 0.05 |
| petsAllowed: | Yes |
| lotSizeUnits: | Acres |
| mlsAreaMajor: | 01 - Key West |
| mlsAreaMinor: | 01 - Key West |
| waterfrontYN: | no |
| associationYN: | no |
| poolPrivateYN: | no |
| vehicleStorage: | Off Street Parking |
| windowFeatures: | Impact Rstnce Window |
| taxAnnualAmount: | 3076.92 |
| attachedGarageYN: | no |
| exteriorFeatures: | Fencing, Lanai, Outdoor Shower, Privacy Wall/Fence |
| interiorFeatures: | Cathedral Ceilings, Built-in Cabinets |
| interiorFeatures2: | Cathedral Ceilings, Built-in Cabinets |
| lotSizeDimensions: | 25 X 70 |
| lotSizeSquareFeet: | 2191 |
| architecturalStyle: | A-Frame |
| buildingAreaSource: | Tax Records |
| bathroomsTotalDecimal: | 1.5 |
| constructionMaterials: | Frame |
| associationFeeIncludes: | None |
| locationTaxLegalKwNeighborhood: | Old Town-N of Truman |
| associationInfo1stRightOfRefusal: | No |
| locationTaxLegalMarathonNeighborhood: | N/A |


























©2026 Florida Keys MLS, Inc. The data relating to real estate for sale on this web site comes in part from the Florida Keys Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Information is deemed reliable but not guaranteed. Data last updated: Friday, November 6th, 2026 at 06:59:11 PM.
Data services provided by IDX Broker
Listed by: Truman & Co. (KW) (305) 393-1267

