$1,199,000
UNDER CONTRACT $51K PRICE DROP

Estimated payment $6,803/month

Total Views 39,209
2 Beds
1 Bath
840 Sq Ft
$1,427 Price per Sq Ft

About This Home

At the quiet, palm-lined intersection of Packer and Catherine Streets, you'll find this picture-perfect 1928 cottage that truly captures the essence of classic Key West living. Lovingly maintained and effortlessly stylish, 1127 Packer Street blends island charm with relaxed coastal elegance, making it an ideal retreat in one of Key West's most desirable neighborhoods.The colorful and bright cottage is perfectly positioned on the corner offering front porch views of the island. Step inside to find a light-filled interior that radiates warmth and island comfort. Decorated with thoughtful coastal touches, the home's two bedrooms and one bath offer an inviting space to unwind and recharge. High ceilings and hardwood floors nod to the home's historic roots, while breezy, open living areas create a relaxed flow that feels both timeless and refreshed.The outdoor space is equally enchanting. Tucked behind lush tropical landscaping, you'll find a private fully fenced brick-paved courtyard with low-maintenance AstroTurf and an outdoor shower--perfect for rinsing off after a day at the beach or enjoying a tranquil moment in the sun. Whether you're entertaining friends under the palms or sipping coffee as the island wakes up, this space is designed for laid-back enjoyment. An irrigation system ensures the vibrant garden stays green with ease.Location is everything, and this home delivers. Situated just six blocks from both Higgs Beach and Upper Duval Street, you're never far from the best of Key West--be it sun-soaked days by the ocean or evenings exploring world-class galleries, dining, and entertainment. With walkable streets, charming architecture, and a strong sense of community, Old Town living doesn't get much better than this.Whether you're dreaming of a full-time residence, a seasonal escape, or a tropical investment opportunity, this delightful turn-key cottage offers an unmatched combination of coastal charm, convenience, and character.

Listing Agent

Brenda Donnelly

Brenda Donnelly Real Estate LLC License #3037635 Listed on: 05/05/2025

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,655

Year Built

1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Contingent: Contingent/Show
  • Document Count: 2
  • 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
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 6125.31
  • Title: Negotiable
  • Year Built: 1928
  • Alternate Key Number: 1032484
  • Building Style: Shotgun
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 1656.00
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Shutters: Bahama
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 840.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Security System
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Single Hung Windows, Impact Rstnce Window, Impact Rstnce Doors, Other Windows/Doors, Wood Windows, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Sprinkler System, Privacy Wall/Fence, Outdoor Shower, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00031700-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $5,655 $754,966 $452,850 $302,116
2023 $5,655 $678,314 $393,904 $284,410
2022 $5,138 $626,207 $338,702 $287,505
2021 $4,696 $487,400 $252,623 $234,777
2020 $4,913 $514,227 $276,949 $237,278
2019 $4,823 $499,665 $273,737 $225,928
2018 $4,891 $497,280 $268,997 $228,283
2017 $4,070 $399,007 $0 $0
2016 $3,813 $397,112 $0 $0
2015 $3,557 $349,795 $0 $0
2014 $3,206 $268,183 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $1,199,000 -2.1% $1,427 / Sq Ft
06/24/2025 06/24/25 Price Changed $1,225,000 -2.0% $1,458 / Sq Ft
05/05/2025 05/05/25 For Sale $1,250,000 +108.3% $1,488 / Sq Ft
11/20/2017 11/20/17 Sold $600,000 -7.7% $714 / Sq Ft
11/11/2017 11/11/17 Pending -- -- --
10/18/2017 10/18/17 For Sale $650,000 +34.0% $774 / Sq Ft
04/29/2016 04/29/16 Sold $485,000 -14.2% $577 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $565,000 -- $673 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $600,000 Attorney
Warranty Deed $485,000 None Available
Warranty Deed $282,000 None Available
Warranty Deed $460,000 --
Warranty Deed $185,000 --
Warranty Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,000 New Conventional
Closed $480,000 New Conventional
Previous Owner $436,500 New Conventional
Previous Owner $101,686 Unknown
Previous Owner $408,000 Negative Amortization
Previous Owner $40,000 Credit Line Revolving
Previous Owner $258,750 New Conventional
Previous Owner $258,750 New Conventional
Previous Owner $258,750 Unknown
Previous Owner $166,500 New Conventional
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 614899

Key West Association of REALTORS®

APN: 00031700-000000