$1,950,000
SOLD OCT 17, 2025

1 Emerald Dr Key West, FL 33040

4 Beds
5 Baths
2,523 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$773 Per Sq Ft

22% Below List Price

180 Days on Market

About This Home

As of October 2025

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.

Last Agent to Sell the Property

Suzanne Moore

Suzanne Moore Real Estate License #3185298 Listed on: 04/04/2025

Last Buyer's Agent

Brenda Donnelly

Brenda Donnelly Real Estate LLC License #3037635

Home Details

Home Type

Single Family

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
  • 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
  • Sale Terms: Conventional
  • 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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
Oct 17, 2025
Sold by
Kw Emerald Llc
Bought by
Redding James and Redding Robyn Rae
Seller's Agent
Suzanne Moore
Suzanne Moore Real Estate
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$2,499,000
Sold Price
$1,950,000
Premium/Discount to List
-$549,000
-21.97%
Views
260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.29%
Original Mortgage
$1,462,500
Outstanding Balance
$1,462,500
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$473,188

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 29, 2022
Sold by
Kathy Smith
Bought by
Kw Emerald Llc
Seller's Agent
Tom Mclaughlin
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Tom Mclaughlin
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$1,350,000
Sold Price
$1,025,000
Premium/Discount to List
-$325,000
-24.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.11%

Purchase Details

Closed on
Mar 3, 2010
Sold by
Smith Scott and Smith Kathy
Bought by
Smith Kathy

Purchase Details

Closed on
Jul 14, 2004
Sold by
Smith Robert D and Smith Sarai L
Bought by
Smith Scott and Smith Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 1996
Sold by
Land Eric B
Bought by
Smith Scott and Smith Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
8.26%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,950,000 None Listed On Document
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 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,462,500 New Conventional
Previous Owner $455,000 Purchase Money Mortgage
Previous Owner $207,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2025 10/17/25 Sold $1,950,000 -7.1% $773 / Sq Ft
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 View Prior Sale
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
Source: Key West Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2025 $8,697 $872,702 $381,364 $491,338
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
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Moore

    Seller's Agent in 2025

    Suzanne Moore

    Suzanne Moore Real Estate

    (305) 797-0699

    14 in this area

    126 Total Sales

    Suzanne Moore
    Section Image
  • Brenda Donnelly

    Buyer's Agent in 2025

    Brenda Donnelly

    Brenda Donnelly Real Estate LLC

    (305) 304-1116

    1 in this area

    159 Total Sales

    Brenda Donnelly
    Section Image
  • Callie Harris

    Buyer Co-Listing Agent in 2025

    Callie Harris

    Brenda Donnelly Real Estate LLC

    (305) 240-1155

    8 in this area

    41 Total Sales

    Callie Harris
    Section Image

  • T

    Seller's Agent in 2022

    Tom Mclaughlin

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 296-7727

    4 in this area

    36 Total Sales

    Tom Mclaughlin
    Section Image
See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 614475

Key West Association of REALTORS®

APN: 00156320-000100

Florida Monroe County Key West 33040

1 Emerald Dr, Key West, FL

Sold

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes