1116 Packer St Key West, FL 33040
Old Town NeighborhoodEstimated payment $12,510/month
Total Views
160,212
3
Beds
3
Baths
1,473
Sq Ft
$1,405
Price per Sq Ft
About This Home
X FLOOD ZONE! Exquisite retreat in the heart of Old Town Key West--an ideal private sanctuary with rental income. This remarkable home offers refined style, privacy, and a proven rental history, appealing to buyers who value luxury and the allure of a tropical lifestyle. Behind an unassuming facade lies a sophisticated residence filled with high-end details. Restored in 2017, this home features three spacious bedroom suites. The open floor plan flows seamlessly from a bright, inviting main living area to a gourmet kitchen equipped with vein-cut onyx and translucent Quartzite countertops that light up, Jenn Air stainless steel appliances, and a dedicated bar with a wine cooler--perfect for both entertaining and everyday indulgence. White oak flooring.The living area extends to a private backyard oasis with a covered outdoor lounge, a heated saltwater pool, outdoor shower surrounded by lush greenery. The second-floor suite boasts a private rooftop deck, an ideal space for sunbathing or stargazing. Set in the preferred X Flood Zone, with impact windows and doors, this home blends modern flair with classic Key West charm, featuring light-filled rooms, 14-foot tongue-and-groove ceilings, and white oak hardwood floors. The classic shotgun-style layout guides visitors from the welcoming hallway through to the tropical backyard, creating a tranquil escape perfect for relaxation or entertaining. In a prime location, the property is within walking or biking distance to Key West's best beaches, restaurants, and shops, allowing you to enjoy all that the area has to offer with no need for a car. Bonus is Off-street parking for a small car, a rare convenience in Old Town. This unique property, features an 8' x 4' Alan Maltz -a local artist- mural in the pool. Enjoy both seclusion and easy access to Key West's most popular spots. Don't miss your chance to own this luxurious home offering style, charm, and great rental income potential! Video
Listing Agent
Berkshire Hathaway HomeServices Knight & Gardner Realty License #BK3226537 Listed on: 11/03/2024
Map
Home Details
Home Type
Single Family
Est. Annual Taxes
$15,038
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: 15038.14
- Vehicle Storage: Off Street Parking
- Year Built: 1938
- Alternate Key Number: 8613865
- Building Style: Shotgun
- Cooling Heating: Ceiling Fans(s), Ductless
- Lot Sq Ft: 2953.00
- Pool Info: In Ground, Concrete, Salt Water
- Pool Info Heated: Yes
- Porch Balcony: Deck, Patio, Roof Top Deck
- License Info: Non Trans Rntl Lic
- License Info Number Of City License: 1
- Tax Exemptions: None
- Building Style Above Flood: Yes
- Building Style Stories: 2 Stories
- Estimated Living Sq Ft: 1473.00
- Pre Wired: Cable
- Property Condition: Updated/Remodeled
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: OpenHouse
- Property Sub Type: Detached
- Stories: 2
Interior Features
- Interior Amenities: Cathedral Ceilings, Window Treatments, Bar, Built-in Cabinets, Storage, Smoke Alarms, Security System, Entrance Foyer
- Total Bathrooms: 3.00
- Full Bathrooms: 3
- Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Gas Appliances, Freezer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
- Floor: Wood
- Specialty Rooms: Sun/Florida Room
- Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
- Total Bedrooms: 3
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame
- Exterior Features: Fencing, Sprinkler System, Privacy Wall/Fence, Outdoor Shower, Lanai, Lighting
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: Yes
Utilities
- Security: On Premises System
- Utilities: FKAA, Propane, Cable Available, Elect Separate Meter, Municipal Sewer
Lot Info
- Deed Restrictions: No
- Flood Zone: X FLOOD ZONE
- Parcel Number: 00031440-000100
- Lot Size: 100 X 29.5
- Land Size: Less Than 1/4 Acre
- Acres: 0.07
Rental Info
- Rentals Allowed: Yes
- Furnished: Negotiable
Tax Info
- Tax Year: 2023
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 | $15,038 | $1,728,115 | $721,772 | $1,006,343 |
| 2023 | $15,038 | $1,826,400 | $627,823 | $1,198,577 |
| 2022 | $12,954 | $1,634,024 | $539,838 | $1,094,186 |
| 2021 | $11,964 | $1,317,363 | $402,642 | $914,721 |
| 2020 | $12,359 | $1,366,740 | $441,414 | $925,326 |
| 2019 | $11,947 | $1,307,871 | $432,467 | $875,404 |
| 2018 | $7,018 | $985,995 | $428,739 | $557,256 |
| 2017 | $4,912 | $490,786 | $0 | $0 |
| 2016 | $5,460 | $519,990 | $0 | $0 |
| 2015 | $5,276 | $549,612 | $0 | $0 |
| 2014 | $4,807 | $411,110 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Price Changed | $2,070,000 | -1.2% | $1,405 / Sq Ft |
| 05/12/2025 05/12/25 | Price Changed | $2,095,000 | -10.8% | $1,422 / Sq Ft |
| 04/21/2025 04/21/25 | Price Changed | $2,349,000 | -1.9% | $1,595 / Sq Ft |
| 11/03/2024 11/03/24 | For Sale | $2,395,000 | +16.3% | $1,626 / Sq Ft |
| 02/27/2023 02/27/23 | Sold | $2,060,000 | -4.6% | $1,399 / Sq Ft |
| 02/15/2023 02/15/23 | Pending | -- | -- | -- |
| 12/27/2022 12/27/22 | Price Changed | $2,160,000 | -4.0% | $1,466 / Sq Ft |
| 11/16/2022 11/16/22 | Price Changed | $2,250,000 | -1.7% | $1,527 / Sq Ft |
| 11/11/2022 11/11/22 | Price Changed | $2,290,000 | -4.2% | $1,555 / Sq Ft |
| 10/21/2022 10/21/22 | Price Changed | $2,390,000 | -2.4% | $1,623 / Sq Ft |
| 10/07/2022 10/07/22 | For Sale | $2,450,000 | +55.6% | $1,663 / Sq Ft |
| 05/31/2018 05/31/18 | Sold | $1,575,000 | -1.3% | $1,068 / Sq Ft |
| 04/16/2018 04/16/18 | Pending | -- | -- | -- |
| 04/10/2018 04/10/18 | For Sale | $1,595,000 | +205.3% | $1,081 / Sq Ft |
| 08/28/2015 08/28/15 | Sold | $522,500 | -5.0% | $463 / Sq Ft |
| 07/30/2015 07/30/15 | Pending | -- | -- | -- |
| 07/15/2015 07/15/15 | For Sale | $550,000 | +27.9% | $488 / Sq Ft |
| 05/14/2015 05/14/15 | Sold | $430,000 | 0.0% | $381 / Sq Ft |
| 05/14/2015 05/14/15 | Pending | -- | -- | -- |
| 05/14/2015 05/14/15 | For Sale | $430,000 | -- | $381 / Sq Ft |
Source: Key West Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $1,215,400 | None Listed On Document | |
| Warranty Deed | $2,060,000 | -- | |
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $1,575,000 | None Listed On Document | |
| Warranty Deed | $522,300 | Attorney | |
| Special Warranty Deed | $430,000 | Attorney | |
| Trustee Deed | $410,100 | None Available | |
| Trustee Deed | $410,100 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $199,000 | -- | |
| Warranty Deed | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,215,400 | New Conventional | |
| Previous Owner | $506,000 | Unknown | |
| Previous Owner | $457,500 | Unknown | |
| Previous Owner | $258,000 | New Conventional | |
| Closed | $0 | No Value Available | |
| Closed | $39,800 | No Value Available |
Source: Public Records
Similar Homes in Key West, FL
Source: Key West Association of REALTORS®
MLS Number: 612089
APN: 00031440-000100
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