$1,875,000
OPEN SUN 10AM - 12PM

Estimated payment $10,633/month

2 Beds
3 Baths
1,216 Sq Ft
$1,542 Price per Sq Ft

About This Home

Completely renovated and move-in ready, The Foundry #23 in Key West's exclusive Truman Annex is a rare gem that blends historic charm with modern luxury. This beautifully updated townhome features custom Hansen & Bringle cabinetry throughout, quartz countertops, and brand-new appliances in the kitchen. The Primary Suite offers ample closet space and a redesigned bath with custom cabinetry and a linen closet. Elegant finishes include travertine and hardwood floors, crown molding, baseboards, and custom handrails. Impact-rated windows and doors enhance both style and energy efficiency. Additional upgrades include square recessed LED lighting with dimmers, re-ducted A/C vents, new washer and dryer, water heater, and ceiling fans. Bathrooms have been refreshed with new layouts, vanities, sinks, and fixtures. Located within the gated Truman Annex, this home offers privacy and tranquility just steps from Duval Street, the Ernest Hemingway Home, and Fort Zachary Taylor Beach. Whether you're seeking a full-time residence, vacation retreat, or investment property, The Foundry #23 delivers exceptional craftsmanship, prime location, and timeless appeal.

Listing Agent

Loren Rea

Truman & Co. (KW) License #3428372 Listed on: 10/16/2025

Open House Schedule

Map

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,659

Year Built

1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 4012.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Bike Paths, Other Area Features, Fire Hydrant
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 9893.11
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking, Guest Parking
  • Year Built: 1994
  • Alternate Key Number: 8861966
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 836.00
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • License Info Number Of City License: 1
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1216.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • G F Interior Features: LED Lighting
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: OpenHouse
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Quartz Countertops
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Ice Machine, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Other, Wood
  • Half Bathrooms: 1
  • Windows/Doors: French Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Other, Frame, Concrete
  • Exterior Features: Fencing, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Water Separate Meter, Sewer Available
  • Heating: Central, Electric

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00004590-002223
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 1.00

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 $8,659 $1,143,223 $661,500 $481,723
2023 $8,659 $1,116,716 $661,500 $455,216
2022 $7,451 $891,688 $508,246 $383,442
2021 $6,993 $749,723 $508,246 $241,477
2020 $7,412 $800,385 $553,014 $247,371
2019 $7,500 $803,340 $553,014 $250,326
2018 $7,452 $781,548 $534,141 $247,407
2017 $7,077 $730,084 $0 $0
2016 $7,019 $718,856 $0 $0
2015 $6,395 $599,053 $0 $0
2014 $6,607 $595,388 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2025 10/16/25 For Sale $1,875,000 +33.1% $1,542 / Sq Ft
11/30/2023 11/30/23 Sold $1,409,000 -5.4% $1,159 / Sq Ft View Prior Sale
11/09/2023 11/09/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $1,490,000 +5.7% $1,225 / Sq Ft
09/12/2023 09/12/23 Off Market $1,409,000 -- --
06/16/2023 06/16/23 Price Changed $1,490,000 -3.2% $1,225 / Sq Ft
04/15/2023 04/15/23 Price Changed $1,540,000 -1.8% $1,266 / Sq Ft
03/19/2023 03/19/23 Price Changed $1,569,000 -90.0% $1,290 / Sq Ft
03/19/2023 03/19/23 Price Changed $15,690,000 +886.8% $12,903 / Sq Ft
02/13/2023 02/13/23 Price Changed $1,590,000 -3.0% $1,308 / Sq Ft
01/06/2023 01/06/23 For Sale $1,640,000 +77.8% $1,349 / Sq Ft
09/18/2020 09/18/20 Sold $922,500 -2.8% $759 / Sq Ft View Prior Sale
07/15/2020 07/15/20 Price Changed $949,000 -1.7% $780 / Sq Ft
03/24/2020 03/24/20 For Sale $965,000 0.0% $794 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
12/20/2019 12/20/19 Price Changed $965,000 -2.4% $794 / Sq Ft
11/25/2019 11/25/19 For Sale $989,000 -- $813 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,409,000 None Listed On Document
Warranty Deed $922,500 Oropeza Stones Cardenas Pllc
Warranty Deed -- Attorney
Warranty Deed $555,000 Attorney
Warranty Deed $669,000 --
Warranty Deed $325,000 --
Warranty Deed $199,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 New Conventional
Previous Owner $535,200 Purchase Money Mortgage
Previous Owner $303,000 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $232,980 Credit Line Revolving
Closed $133,800 No Value Available
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 616909

Key West Association of REALTORS®

APN: 00004590-002223