1121 Margaret Street

  • 1121 Margaret St - a brilliant example of adaptive reuse
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1121 Margaret Street
1121, Margaret Street, Key West, Monroe County, Florida, 33040, United States
Contingent, For Sale $2,990,000 - Old Town, Residential, Virtual Tour
597949 3000 Sq. Ft. 4 Bedrooms 3 Bathrooms 1948 Year Built 5243 Sq. Ft.

The newly renovated structure at 1121 Margaret St. once housed the historic Molina’s Bakery and is a brilliant example of adaptive reuse. The 3000 sf home includes 4 bedrooms, a mother-in-law apartment, a large office/studio, 3 full & 2 half bathrooms, laundry room and garage. The great room at the back of the home has an exquisite galley kitchen and island that serves the large living/dining spaces. There is a wall of glass leading to the outdoor living/dining/entertaining space with gorgeous tropical landscaping, a swimming pool, water feature and outdoor shower. There is a large central courtyard and meditation garden that not only provides another peaceful outdoor respite but also allows natural light to filter throughout the home. Unique and clever design features abound some of which were designed and fabricated by the owner architect. One feels the cool, mod vibe as soon as entering the home. The floors are bright finished concrete. Walls vary between stenciled designs, Italian fresco and a crisp white surface for displaying artwork. Owners reserve the right to leaseback the property for up to 12 months beyond the closing date.

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