$2,550,000
UNDER CONTRACT

Estimated payment $14,399/month

Total Views 4,305
4 Beds
3.5 Baths
1,674 Sq Ft
$1,523 Price per Sq Ft

Highlights

  • Built in 1933 | Newly Remodeled
  • Impact Glass
  • Ceiling Fan
  • Stainless Steel Appliances
  • Central Air
  • 4-minute walk to Gato Village Pocket Park

About This Home

Welcome to 1202 Royal Street, a beautifully reimagined and rebuilt Key West residence where thoughtful design, modern construction, and exceptional Old Town location come together. Featuring four (4) bedrooms and three-and-a-half (3.5) bathrooms, this property has been rebuilt from the ground up with meticulous attention to detail. Located in coveted Historic Old Town and the highly desirable X Flood Zone, 1202 Royal Street places you in the heart of everything that makes Key West special.
Step through the stunning mahogany hurricane-impact front door into a bright interior with soaring ceilings, natural light, and a striking floating staircase leading to the second floor. The home flows effortlessly into an expansive open-concept kitchen and living area designed for both everyday living and entertaining.
Open the home to your private backyard, where IPE decking, a heated and chilled pool, and separate hot tub create the perfect indoor/outdoor lifestyle and an ideal setting for entertaining family and friends.
The ground-floor primary suite offers privacy from the rest of the home and features a beautiful ensuite bath. Upstairs, two additional bedrooms share a thoughtfully designed Jack-and-Jill bathroom, providing comfortable accommodations for family and guests.
The detached guest house, configured as a legal duplex with separate water and electric meters, adds tremendous versatility. Use it as a luxurious pool house, private guest quarters, additional primary suite, or completely separate living space.
Additional features include impact windows and doors, spray-foam insulation, IPE decking, two A/C zones in the main residence, ductless climate control in the guest house, fire sprinkler systems in both residences, and numerous additional upgrades throughout. Come experience 1202 Royal Street and discover what it means to live like royalty in Key West!

Listing Agent

Bobby Coe

RE/MAX Keys Connection (KW) License #3428120 Listed on: 08/15/2026

RE/MAX Keys Connection (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,393

Year Built

  • Built in 1933 | Newly Remodeled

Lot Details

  • 3,720 Sq Ft Lot
  • Lot Dimensions are 40 x 93
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,674 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Oven
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire Sprinkler System

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Separate Meters

Community Details

  • Investment Co Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00029450-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,393

Year Built

Built in 1933 | Newly Remodeled

Lot Details

3,720 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1933
  • Financial Status Standard Sale: Yes
  • Property Condition: New Construction
  • Property Sub Type: Single Family Residence
  • LotSizeAcres: 0.09
  • Lot Size: 40 X 93
  • Co List Office Mls Id: 263510498
  • Co List Office Phone: 305-296-1400
  • Subdivision Name: Investment Co Sub (1.0)
  • Dockage: None
  • Vehicle Storage: Off Street Parking
  • Waterview: No Waterview
  • Financial Status: Bank Owned: No
  • Financial Status: Potential Short Sale: No
  • Special Features: 130

Interior Features

  • Interior Amenities: Fire Sprinkler
  • Appliances: Washer, Dryer, Dishwasher, Refrigerator, Oven, Stainless Steel Appliance(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Features: Split Bedroom, Fire Sprinkler
  • WindowsDoors: Impact Rstnce Window, Impact Rstnce Doors

Exterior Features

  • Waterfront: No
  • Construction Type: Frame, Combo Construction
  • Waterfront: None
  • Roof: Metal Roof

Utilities

  • Utilities: Water Separate Meter, Elect Separate Meter
  • Cooling: Central Air, Ceiling Fans(s), Ductless
  • Utilities: FKAA, Municipal Sewer, Buyer to Verify, Water Separate Meter, Elect Separate Meter

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Parcel Number: 00029450-000000
  • Lot Size Sq Ft: 3720.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 10393.04

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $10,393 $1,057,734 $640,640 $417,094
2024 $8,793 $1,068,912 $661,332 $407,580
2023 $8,793 $884,127 $487,515 $396,612
2022 $8,180 $828,758 $420,472 $408,286
2021 $6,573 $604,054 $335,219 $268,835
2020 $6,529 $602,737 $349,289 $253,448
2019 $6,616 $608,184 $349,866 $258,318
2018 $6,374 $570,855 $307,904 $262,951
2017 $6,500 $574,388 $0 $0
2016 $7,026 $682,736 $0 $0
2015 $6,726 $635,265 $0 $0
2014 $6,063 $478,297 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2026 08/15/26 For Sale $2,550,000 +131.8% $1,523 / Sq Ft
08/31/2021 08/31/21 Sold $1,100,000 -13.5% $540 / Sq Ft View Prior Sale
08/11/2021 08/11/21 Pending -- -- --
05/28/2021 05/28/21 Price Changed $1,272,000 -0.2% $624 / Sq Ft
05/07/2021 05/07/21 Price Changed $1,275,000 -1.2% $626 / Sq Ft
04/19/2021 04/19/21 Price Changed $1,290,000 -4.4% $633 / Sq Ft
03/03/2021 03/03/21 Price Changed $1,350,000 -3.6% $663 / Sq Ft
02/22/2021 02/22/21 For Sale $1,399,999 -- $687 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,100,000 Attorney
Quit Claim Deed $475,000 --
Quit Claim Deed $76,000 --
Warranty Deed $170,000 --
Deed $14,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $794,500 Commercial
Previous Owner $300,000 Credit Line Revolving
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 620994

Key West Association of REALTORS®

APN: 00029450-000000

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