$549,000

1318 Duncan St Unit 3 Key West, FL 33040

Old Town Neighborhood

Estimated payment $3,141/month

Total Views 15,302
1 Bed
1 Bath
368 Sq Ft
$1,492 Price per Sq Ft

About This Home

Great opportunity to own your own home or have an excellent source of rental income. Currently the least expensive detached residence in Key West. This renovated one bedroom condo cottage overlooking the large communal pool is just one block to vibrant White St with its cafes and restaurants, gourmet food stores, galleries and yoga studios. A short walk or bike ride to the beaches and the heart of Old Town, the Historic Seaport and Duval Street.....The compound has a large pool shared with only 3 other condos. There are lovely landscaped communal areas with fruit trees, sun decks, lounge chairs and outdoor dining areas.....Recent improvements to the home include a new metal roof, impact windows plus additional storm shutters and a new wall AC. The condo has one bedroom, a full bath with shower above, full kitchen and double doors leading to the pool and patio area.

Listing Agent

Rob Severin

Rob Severin Real Estate Co License #683433 Listed on: 08/01/2025

Map

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,907

Year Built

1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 275.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Other
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 3021.50
  • Title: Negotiable
  • Vehicle Storage: Open Parking
  • Year Built: 1943
  • Alternate Key Number: 9081252
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Monthly
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 368.00
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Smoke Alarms
  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Refrigerator, Freezer, Oven, Range
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Other
  • Exterior Features: Fencing, Sprinkler System, Privacy Wall/Fence, Rain Gutters, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00035360-000103
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

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 $2,907 $358,746 -- $358,746
2023 $2,907 $358,746 $0 $358,746
2022 $2,662 $331,342 $0 $331,342
2021 $2,315 $221,581 $0 $221,581
2020 $2,201 $221,581 $0 $221,581
2019 $1,962 $175,168 $0 $175,168
2018 $1,989 $175,168 $0 $0
2017 $2,017 $175,168 $0 $0
2016 $2,109 $175,168 $0 $0
2015 $2,167 $175,168 $0 $0
2014 $2,239 $175,168 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Rented $2,750 0.0% --
02/01/2024 02/01/24 For Rent $2,750 +31.0% --
09/22/2020 09/22/20 Rented $2,100 0.0% --
09/22/2020 09/22/20 For Rent $2,100 +13.5% --
12/16/2017 12/16/17 Rented -- -- --
11/16/2017 11/16/17 Under Contract -- -- --
11/08/2017 11/08/17 For Rent $1,850 +5.7% --
07/07/2017 07/07/17 Rented $1,750 0.0% --
06/07/2017 06/07/17 Under Contract -- -- --
05/03/2017 05/03/17 For Rent $1,750 +3.2% --
08/20/2016 08/20/16 Rented $1,695 -3.1% --
07/21/2016 07/21/16 Under Contract -- -- --
04/04/2016 04/04/16 For Rent $1,750 0.0% --
04/04/2014 04/04/14 Sold $131,250 -15.3% $357 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $155,000 -- $421 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Special Warranty Deed $131,250 Title365 Company
Trustee Deed -- None Available
Warranty Deed $562,500 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $224,250 New Conventional
Previous Owner $450,000 Fannie Mae Freddie Mac
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 616007

Key West Association of REALTORS®

APN: 00035360-000103