714 Olivia Street # 6, Key West, FL 33040
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
714 Olivia Street # 6,Key West, FL 33040
$1,225,000
- 1 Beds
- 1 Baths
- 475 sq. ft.
- Condominium
- Active
Listed by: caroline bauer
Office: key west sales, llc.
MLS#:621189
Source:FL_FKBOR
Price summary
- Price:$1,225,000
- Price per sq. ft.:$2,578.95
- Monthly HOA dues:$833.33
About this home
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....
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Home facts
- Year built:1943
- Subdivision & Development:Old Town - Unlisted (1.0)
- Listing ID #:621189
- Added:21 day(s) ago
- Updated:September 24, 2026 at 03:13 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Kitchen Description:Quartz Countertops
- Living area:475 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans(s), Ductless
Structure and exterior
- Year built:1943
- Building area:475 sq. ft.
- Construction Materials:Frame
- Exterior Features:Fencing, Outdoor Shower, Rain Gutters
Finances and disclosures
- Price:$1,225,000
- Price per sq. ft.:$2,578.95
- Tax amount:$5,611
Features and amenities
- Amenities:Smoke Alarms, Window Treatments
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