
1 Emerald Dr Key West, FL 33040
Estimated payment $12,022/month
About This Home
Owner Financing available for a Qualified Buyer! Waterfront Paradise for Anglers & Entertainers - Perfect for Family, Friends & Vacation Rentals.Welcome to the Ultimate Waterfront Luxury Retreat, Completely remodeled and redesigned for those who love to entertain. Excellent deep water access and yet just minutes to all the action downtown Key West has to offer.Seller will consider Owner Financing/Private Financing or even a full or partial trade. Elevated and storm resistant concrete construction, this home offers unmatched durability while embracing a modern coastal lifestyle.With four Spacious bedrooms and four beautifully appointed bathrooms, this home comfortably accommodates large groups with almost 2500 Sq Ft. interior Space. The newly finished open-concept dream kitchen is designed for socialising, featuring an oversized Island, seating up to 12 guests, making it the ideal host house for unforgettable gatherings and events.On the Second Floor, this dream home continues with a stunning custom built bar and lounge offering the ideal spot to start the party, watch a game or wind down after an exhilarating day on the water. The adjacent waterfront balcony sets the stage for relaxing and entertainment.The outdoor experience is just as impressive, featuring a large pool, hot tub, New Tiki Hut for those looking for shade, boatlift, concrete patio and game room - perfect for guests of all ages to enjoy. Excellent off Street parking for multiple vehicles, Boat Trailers or RV on over 9000 Sq. Ft. Lot.Whether you are heading out for world class fishing, or simply unwinding by the water, this Keys Home delivers the ultimate Florida Keys lifestyle.
Map
Home Details
Home Type
Single Family
Est. Annual Taxes
$8,016
Year Built
1985
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- First Right of Refusal: No
- Association Approval Required: No
- Mandatory HOA: No
- Voluntary HOA: No
- Control Depth: 3
- Dockage Dock: Concrete
- Dockage Seawall: Concrete
- Fee Includes: None
- Key Island: Big Coppitt
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 10.00
- Min Rental Days: 28.00
- M L S Identifier: 20060123165453488875000000
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Bay/Gulf
- State Province: FL
- Taxes: 8697.21
- Vehicle Storage: RV Parking Open
- Vehicle Storage Cars: 4+
- Year Built: 1985
- Alternate Key Number: 8642784
- Cooling Heating: Central Air, Ceiling Fans(s)
- Lot Sq Ft: 9373.00
- Pool Info: In Ground, Fiberglass
- Porch Balcony: Open Porch/Balcony, Deck
- License Info Number Of County License: 1
- Shutters: Other
- Tax Exemptions: None
- Building Style Above Flood: Yes
- Building Style Stories: 3 Stories
- Estimated Living Sq Ft: 2523.00
- Property Condition: Updated/Remodeled
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
- Stories: 3
Interior Features
- Interior Amenities: Drapes/Blinds Incl, Window Treatments, Smoke Alarms, Granite Counter Top, Built-in Cabinets
- Total Bathrooms: 5.00
- Full Bathrooms: 4
- Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
- Floor: Tile, Vinyl
- Half Bathrooms: 1
- Specialty Rooms: Laundry Room, Utility Room
- Windows/Doors: Sliding Glass Doors, Aluminum Windows
- Appliances Other: bar
- Total Bedrooms: 4
Exterior Features
- Dockage: Boat Lift
- Waterfront: Canal Front
- Waterfront: Yes
- Construction: CBS, Concrete
- Exterior Features: Chickee Hut, Storage, Privacy Wall/Fence, Lighting, Hot Tub, Fencing
- Roof: Metal Roof
- Waterview: Canal View
- Pool: Yes
Utilities
- Utilities: FKAA, Municipal Sewer
Lot Info
- Deed Restrictions: No
- Flood Zone: AE
- Parcel Number: 00156320-000100
- Land Size: Less Than 1/4 Acre
- Acres: 0.22
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Furnished
Tax Info
- Tax Year: 2024
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $8,016 | $934,670 | $369,062 | $565,608 |
2023 | $8,016 | $861,215 | $335,319 | $525,896 |
2022 | $4,973 | $542,684 | $0 | $0 |
2021 | $5,116 | $526,878 | $0 | $0 |
2019 | $4,998 | $507,922 | $0 | $0 |
2018 | $5,028 | $498,452 | $0 | $0 |
2017 | $4,889 | $488,200 | $0 | $0 |
2016 | $4,921 | $478,159 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/11/2025 08/11/25 | Price Changed | $2,100,000 | -10.6% | $832 / Sq Ft |
05/19/2025 05/19/25 | Price Changed | $2,349,000 | -6.0% | $931 / Sq Ft |
04/04/2025 04/04/25 | For Sale | $2,499,000 | +143.8% | $990 / Sq Ft |
07/29/2022 07/29/22 | Sold | $1,025,000 | -14.6% | $416 / Sq Ft |
06/21/2022 06/21/22 | Price Changed | $1,200,000 | -11.1% | $487 / Sq Ft |
05/25/2022 05/25/22 | For Sale | $1,350,000 | -- | $548 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $1,025,000 | Oropeza Stones Cardenas Pllc | |
Interfamily Deed Transfer | -- | All Legal Title Llc | |
Interfamily Deed Transfer | $132,500 | Keys Title Abstract Company | |
Warranty Deed | $250,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $461,500 | New Conventional | |
Previous Owner | $100,000 | Credit Line Revolving | |
Previous Owner | $455,000 | Purchase Money Mortgage | |
Previous Owner | $100,000 | Unknown | |
Previous Owner | $230,000 | Unknown | |
Previous Owner | $207,000 | New Conventional |
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Source: Key West Association of REALTORS®
MLS Number: 614475

APN: 00156320-000100
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