1006 16th Terrace Key West, FL 33040
New Town NeighborhoodEstimated payment $7,039/month
Total Views
44,792
5
Beds
3
Baths
2,016
Sq Ft
$632
Price per Sq Ft
About This Home
Welcome to 1006 16th Terrace, a charming two-story residence nestled in the New Town area of Key West, Florida. Whether you are looking for a single-family home or a multi-family arrangement, this property at 1006 16th Terrace combines comfort, functionality & the charm of Key West living. Home boasts 5 bedrooms and 3 bathrooms offering a floorplan that will accommodate multiple situations. The exterior of the home is a testament to meticulous landscaping, creating a serene & inviting atmosphere. A detached storage unit provides additional space for a multitude of uses. The residence features a two-zone air conditioning system, ensuring optimal comfort throughout the year. The home has been recently painted, adding to its fresh & well-kept appearance. The original ground level home was built in 1965; however, the second story addition was built in 1993, with an open floorplan, bamboo floors and a window view of the Gulf of American. Enjoy the oversized balcony among the many trees. The home is equipped with storm rated windows and doors for your added protection. Call today for your private showing.A Matterport virtual tour has just been added to be viewed Come and take a second look!!!!
Listing Agent
Keller Williams Key West Compass Realty License #653688 Listed on: 03/22/2025
Map
Home Details
Home Type
Single Family
Est. Annual Taxes
$1,749
Year Built
1965
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- As Is Right To Inspect: Yes
- First Right of Refusal: No
- Mandatory HOA: No
- Contingent: None
- Document Count: 1
- Fee Includes: None
- Key Island: Key West
- K W Neighborhood: New Town
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 4.00
- Min Rental Days: 28.00
- M L S Identifier: 20060123165453488875000000
- Off Shore Island: No
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Median
- State Province: FL
- Taxes: 1801.00
- Title: Negotiable
- Vehicle Storage: Off Street Parking
- Vehicle Storage Cars: 1
- Year Built: 1965
- Alternate Key Number: 1057711
- Building Style: Ground Level
- Cooling Heating: Central Air, Ductless, Ceiling Fans(s)
- Lot Sq Ft: 5700.00
- Porch Balcony: Open Porch/Balcony
- Shutters: Other
- Tax Exemptions: Homestead, Widow/Widower
- Building Style Above Flood: Unknown
- Building Style Stories: 2 Stories
- Estimated Living Sq Ft: 2016.00
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
- Stories: 2
Interior Features
- Interior Amenities: Pantry, Storage
- Total Bathrooms: 3.00
- Full Bathrooms: 3
- Appliances: Washer, Oven, Range, Refrigerator, Dishwasher, Dryer
- Floor: Tile, Other, Combo, Wood
- Specialty Rooms: Laundry Room, Workshop, Utility Room
- Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
- Total Bedrooms: 5
- Accessibility Features: None
- Sq Ft Remarks: detached storage unit offers an additional 550 sq. ft not included in living area .
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: CBS, Combo Construction, Stucco, Frame
- Exterior Features: Fencing, Water Display, Storage, Shed, Rain Gutters, Fruit Tree(s)
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: No
Utilities
- Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Buyer to Verify, Municipal Sewer
Lot Info
- Deed Restrictions: No
- Flood Zone: AE
- Lot Size: 57 * 100
- Land Size: Less Than 1/4 Acre
Rental Info
- Rentals Allowed: Yes
- Furnished: Unfurnished
Tax Info
- Tax Year: 2024
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
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 | $1,749 | $248,224 | -- | -- |
| 2023 | $1,749 | $240,995 | $0 | $0 |
| 2022 | $1,697 | $233,976 | $0 | $0 |
| 2021 | $1,701 | $227,162 | $0 | $0 |
| 2020 | $1,668 | $224,026 | $0 | $0 |
| 2019 | $1,630 | $218,990 | $0 | $0 |
| 2018 | $1,609 | $214,907 | $0 | $0 |
| 2017 | $1,587 | $210,487 | $0 | $0 |
| 2016 | $1,608 | $206,158 | $0 | $0 |
| 2015 | $1,637 | $204,725 | $0 | $0 |
| 2014 | $1,741 | $203,100 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Price Changed | $1,275,000 | -1.9% | $632 / Sq Ft |
| 03/22/2025 03/22/25 | For Sale | $1,300,000 | -- | $645 / Sq Ft |
Source: Key West Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- |
Source: Public Records
Similar Homes in Key West, FL
Source: Key West Association of REALTORS®
MLS Number: 614318
APN: 00057230-000000
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