1114 White St Key West, FL 33040
Old Town Neighborhood
1
Bed
4
Baths
3,660
Sq Ft
5,227
Sq Ft Lot
About This Home
As of June 2025An exceptional investment opportunity awaits in Old Town just south of Truman in the Gallery District on White Street. This income-producing property features four newly renovated (2023) commercial spaces and a legal leasable renovated residential apartment, offering a diverse and steady revenue stream. Located in the desirable X Flood Zone, this property is built for durability featuring impact windows and doors throughout. It boasts three separate entrances, providing flexibility for tenants and potential owner-occupants. This property also has the potential to be transformed into a luxurious 3,660 sq. ft. single-family residence. With its spacious layout and separate entrances, the commercial spaces could easily be repurposed into multiple bedrooms or living areas, creating an expansive home with distinct zones for relaxation, entertainment, and work. The bright, open floor plan, high ceilings, and updated finishes in the residential apartment already set the foundation for a seamless transition. Additionally, the 650 sq. ft. event space in the back could become a stunning great room or private studio, while the storage shed could be converted into a garage or additional outdoor living space. Whether you're looking for a spacious family home or a sophisticated live-work environment, this property offers incredible versatility to accommodate your vision.Call to schedule an appointment to see this property today!
Home Details
Home Type
Single Family
Est. Annual Taxes
$14,440
Year Built
1945
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- First Right of Refusal: No
- Mandatory HOA: No
- Fee Includes: None
- Financial Status Bank Owned: No
- Financial Status Potential Short Sale: No
- Key Island: Key West
- K W Neighborhood: Old Town-S of Truman
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 1.00
- M L S Identifier: 20060123165453488875000000
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Sale Terms: Other Terms
- Side: Median
- State Province: FL
- Taxes: 14440.01
- Year Built: 1945
- Alternate Key Number: 1033511
- Building Style: Ground Level
- Cooling Heating: Central Air, Ceiling Fans(s), Wall/Window Unit(s)
- Lot Sq Ft: 5201.00
- License Info: Non Trans Rntl Lic
- License Info Number Of City License: 1
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- Estimated Living Sq Ft: 3660.00
- Financial Status Standard Sale: Yes
- Property Condition: Updated/Remodeled
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Total Bathrooms: 4.00
- Full Bathrooms: 3
- Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
- Floor: Tile
- Half Bathrooms: 1
- Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
- Total Bedrooms: 1
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Concrete, Other
- Roof: Other Roof
- Waterview: No Waterview
- Pool: No
Utilities
- Utilities: FKAA
- Heating: Central
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: 0.2 PCT ANNUAL CHANC
- Parcel Number: 00032750-000000
- Land Size: Less Than 1/4 Acre
- Acres: 0.12
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Negotiable
Tax Info
- Tax Year: 2023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2025
Closed on
Jun 24, 2025
Sold by
Grazeland Aviation Llc
Bought by
1114 White St Llc
Seller's Agent
Kate Green
Old Town Realty
Buyer's Agent
Elaine Coyle
Keller Williams Key West Compass Realty
List Price
$2,795,000
Sold Price
$1,995,000
Premium/Discount to List
-$800,000
-28.62%
Total Days on Market
80
Views
5
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-34.53%
Original Mortgage
$1,795,000
Outstanding Balance
$1,795,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$109,189
Purchase Details
Closed on
May 6, 2022
Sold by
Messery Properties Llc
Bought by
Grazeland Aviation Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
4.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 18, 2014
Sold by
Marino Construction Group Inc
Bought by
Messery Properties Llc
Purchase Details
Closed on
Aug 9, 2010
Sold by
Pfent David John and Pfent Evelyn C
Bought by
Marino Construction Group Inc
Purchase Details
Closed on
Mar 11, 2010
Sold by
Watkins H Everett
Bought by
Us Bank National Association and Credit Suisse First Boston Csfb 2005-7
Purchase Details
Closed on
Jun 1, 1995
Bought by
Messery Properties Llc
Purchase Details
Closed on
Apr 1, 1992
Bought by
Messery Properties Llc
Purchase Details
Closed on
Feb 1, 1970
Bought by
Messery Properties Llc
Similar Homes in Key West, FL
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
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,995,000 | None Listed On Document | |
| Warranty Deed | $1,995,000 | None Listed On Document | |
| Warranty Deed | $1,890,000 | Spottswood Spottswood Spottswo | |
| Warranty Deed | $800,000 | Attorney | |
| Warranty Deed | $475,000 | Attorney | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $300,000 | -- | |
| Warranty Deed | $300,000 | -- | |
| Deed | $20,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,795,000 | New Conventional | |
| Closed | $1,795,000 | New Conventional | |
| Previous Owner | $1,350,000 | New Conventional | |
| Previous Owner | $600,000 | Commercial | |
| Previous Owner | $425,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2025 06/24/25 | Sold | $1,995,000 | -20.0% | $545 / Sq Ft |
| 05/02/2025 05/02/25 | Pending | -- | -- | -- |
| 03/15/2025 03/15/25 | Price Changed | $2,495,000 | -10.7% | $682 / Sq Ft |
| 02/11/2025 02/11/25 | For Sale | $2,795,000 | -- | $764 / Sq Ft |
Source: Key West Association of REALTORS®
Tax History Compared to Growth
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 | $14,440 | $1,652,516 | $1,167,104 | $485,412 |
| 2023 | $14,440 | $1,642,921 | $1,167,104 | $475,817 |
| 2022 | $9,521 | $1,125,981 | $650,125 | $475,856 |
| 2021 | $9,273 | $1,033,616 | $598,115 | $435,501 |
| 2020 | $9,186 | $1,033,655 | $598,115 | $435,540 |
| 2019 | $9,275 | $1,189,725 | $754,145 | $435,580 |
| 2018 | $8,793 | $1,135,110 | $731,521 | $403,589 |
| 2017 | $7,250 | $767,578 | $0 | $0 |
| 2016 | $7,485 | $749,403 | $0 | $0 |
| 2015 | $7,266 | $708,736 | $0 | $0 |
| 2014 | $7,154 | $669,716 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2025
Kate Green
Old Town Realty
-
A
Seller Co-Listing Agent in 2025
Angela Williamson-Kunkel
Old Town Realty
-
E
Buyer's Agent in 2025
Elaine Coyle
Keller Williams Key West Compass Realty
Map
Source: Key West Association of REALTORS®
MLS Number: 613647
APN: 00032750-000000
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