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Colorful Key West Cottage Relisted on New Year's Day

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Location: Key West, Fla.
Price: $2,998,000
The Skinny: This tropically colorful historic Key West home was listed this past spring for $3.19M, but after failing to find a buyer at that price point, it was delisted in September. Then, to ring in the New Year, it was relisted yesterday for just under $3M. The recently renovated 1903 cottage combines classic charm with a surprising amount of space—4,400 square feet with five bedrooms and four bathrooms—but a typically petite Key West lot, at just 0.25 acres. The outdoor living space is well outfitted, however, with a covered exterior kitchen, inviting swimming pool, and lush tropical plantings. The recent renovations brought a brand new kitchen, complete with dual dishwashers and a pair of ovens, but also a sharp uptick in price: the house last sold in April of 2006 for just $1.45M.
· 1214 Olivia Street [Zillow]