$2,100,000
$399K PRICE DROP

1 Emerald Dr Key West, FL 33040

Estimated payment $12,022/month

Total Views 55,777
4 Beds
5 Baths
2,523 Sq Ft
$832 Price per Sq Ft

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.

Listing Agent

Suzanne Moore

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

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

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
Source: Key West Association of REALTORS®

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 --
Source: Public Records

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
Source: Public Records

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Source: Key West Association of REALTORS®

MLS Number: 614475

Key West Association of REALTORS®

APN: 00156320-000100