$3,495,000
$1M PRICE DROP

Estimated payment $20,040/month

Total Views 121,067
5 Beds
5 Baths
2,721 Sq Ft
$1,284 Price per Sq Ft

About This Home

X FLOOD ZONE! Luxurious Old Town Key West Family Compound with separate Guest House! Nestled in the heart of Key West's historic district, this impeccably remodeled property redefines island elegance. Situated in the coveted X Flood Zone, this home boasts an unparalleled location just steps from iconic Duval Street, world-class dining, vibrant galleries, and pristine beaches. Step inside to discover a light-filled sanctuary where 14-foot cathedral ceilings crown an expansive open-plan living, dining, and chef's kitchen area. French doors seamlessly blend indoor and outdoor living, inviting you to a private paradise. The spacious kitchen features Caesarstone Quartz countertops, a Sub-Zero refrigerator, a Wolf gas range, Fisher & Paykel double-drawer dishwasher, beverage drawers, and a microwave drawer. Outdoors, indulge in Key West living at its finest with a sparkling heated swimming pool, a large deck for entertaining and sunbathing, a serene waterfall, and lush tropical landscaping. A covered sitting area offers the perfect spot to unwind. There is a Sonos sound with Focal low-profile speakers to fill the air with your favorite tunes throughout the main house. The main house,1908 SF, features two guest rooms, a shared bathroom and a washer and dryer conveniently located between them, and a luxurious primary suite upstairs with its own washer and dryer. Impact windows and doors ensure peace of mind, while privacy fencing and off-street parking for two cars provide unmatched convenience. A super cute, separate guest house, 813 SF, completes this property, offering two ensuite bedrooms, a kitchenette, a dining area, and a loft sitting space--perfectly positioned at the back for ultimate guest privacy. A storage shed for pool toys and tools ensures everything has its place. This Key West masterpiece is a rare gem, blending timeless charm with modern luxury. Don't miss the chance to own your own slice of paradise! Easy to show! Video

Listing Agent

Lisa Swanson

Berkshire Hathaway HomeServices Knight & Gardner Realty License #BK3226537 Listed on: 01/10/2025

Berkshire Hathaway HomeServices Knight & Gardner Realty

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,411

Year Built

1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 12410.64
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1938
  • Alternate Key Number: 1032239
  • Building Style: Shotgun
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 4774.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2721.00
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Window Treatments, Quartz Countertops, Security System, Storage, Smoke Alarms
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Appliances: Washer, Stainless Steel Appliance(s), Gas Appliances, Freezer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Vinyl
  • Half Bathrooms: 1
  • Specialty Rooms: Utility Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Water Display, Storage, Shed, Privacy Wall/Fence, Lanai, Lighting, Rain Gutters, Detached Guest Qtrs
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: On Premises System
  • Utilities: FKAA, Propane, Elect Separate Meter, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X Flood Zone
  • Parcel Number: 00031440-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2023

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 $12,411 $1,632,179 $889,587 $742,592
2023 $12,411 $1,481,346 $773,794 $707,552
2022 $11,312 $1,382,203 $665,352 $716,851
2021 $10,372 $1,086,748 $496,257 $590,491
2020 $10,325 $1,085,597 $544,045 $541,552
2019 $9,551 $988,637 $539,939 $448,698
2018 $9,659 $980,930 $528,422 $452,508
2017 $9,871 $986,638 $0 $0
2016 $11,829 $1,133,495 $0 $0
2015 $6,194 $621,884 $0 $0
2014 $5,948 $540,806 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Price Changed $3,495,000 -2.8% $1,284 / Sq Ft
06/23/2025 06/23/25 Price Changed $3,595,000 -1.5% $1,321 / Sq Ft
05/27/2025 05/27/25 Price Changed $3,650,000 -2.7% $1,341 / Sq Ft
03/03/2025 03/03/25 Price Changed $3,750,000 -4.8% $1,378 / Sq Ft
02/24/2025 02/24/25 Price Changed $3,940,000 -1.5% $1,448 / Sq Ft
01/29/2025 01/29/25 Price Changed $3,999,500 -11.1% $1,470 / Sq Ft
01/10/2025 01/10/25 For Sale $4,500,000 +219.1% $1,654 / Sq Ft
08/03/2015 08/03/15 Sold $1,410,000 -6.0% $544 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $1,500,000 -- $579 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $100 None Listed On Document
Warranty Deed $1,410,000 Attorney
Warranty Deed $769,000 --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $195,000 --
Warranty Deed $195,000 --
Warranty Deed $390,000 --
Warranty Deed $325,000 --
Warranty Deed $90,000 --
Warranty Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $896,000 No Value Available
Previous Owner $1,057,500 Adjustable Rate Mortgage/ARM
Previous Owner $10,000 Credit Line Revolving
Previous Owner $50,000 No Value Available
Previous Owner $50,000 No Value Available
Source: Public Records

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Source: Key West Association of REALTORS®

MLS Number: 613071

Key West Association of REALTORS®

APN: 00031440-000000