1341 Tropical St Key West, FL 33040
Mid Town Neighborhood
3
Beds
2
Baths
1,931
Sq Ft
6,534
Sq Ft Lot
About This Home
As of July 2024Being offered below appraised value! Let this Ranch-Style Home in the most sought-after neighborhood in Key West become your Tropical Oasis. This spacious 3-bedroom, 2-bathroom ranch-style home offers approximately 2000 square feet of living, 2010 square feet of porches, patios , and parking for 2 cars. The home sits on a massive 6545 square foot oversized corner lot, surrounded by renovated multimillion-dollar homes. The home features a large family room, dining room, and entertainment room. Providing ample space for both relaxation and entertaining. Over-sized windows throughout the home flood the interior with natural light, creating a bright and inviting atmosphere. Whether you envision a modern masterpiece, a classic Key West retreat, or something entirely unique, this home offers endless possibilities to bring your vision to life. Situated on a massive oversized corner lot, the property provides plenty of space for outdoor living, landscaping, and potential expansion. Located just steps outside the prestigious Casa Marina neighborhood, you'll enjoy convenient access to all that Key West has to offer, including beaches, dining, shopping, and entertainment. This is your chance to transform this diamond in the rough into the home of your dreams. With its prime location, ample space, and endless potential, this property represents a rare opportunity in the Key West real estate market. Don't miss out on the opportunity to make this blank canvas your own and create the perfect sanctuary in paradise.
Last Agent to Sell the Property
Keys Atlantic Realty License #3313232 Listed on: 05/27/2024
Last Buyer's Agent
Derek Epperly, PA
Berkshire Hathaway HomeServices Knight & Gardner Realty License #3313232
Home Details
Home Type
Single Family
Est. Annual Taxes
$3,622
Year Built
1967
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- As Is Right To Inspect: Yes
- First Right of Refusal: No
- Mandatory HOA: No
- Document Count: 1
- Fee Includes: None
- Financial Status Bank Owned: No
- Key Island: Key West
- K W Neighborhood: Midtown West
- Limited Representation: Yes
- Marathon Neighborhood: N/A
- Mile Marker: 2.00
- M L S Identifier: 20060123165453488875000000
- Off Shore Island: No
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Sale Terms: Cash
- Side: Median
- State Province: FL
- Taxes: 3621.89
- Title: Negotiable
- Vehicle Storage: Carport, Off Street Parking, Guest Parking
- Year Built: 1967
- Alternate Key Number: 1041581
- Building Style: Other Bldg Style
- Cooling Heating: Central Air
- Lot Sq Ft: 6545.00
- Porch Balcony: Deck, Patio
- Shutters: Accordion, Bahama
- Species List: No
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- Building Style Stories: 1 Story
- Estimated Living Sq Ft: 1931.00
- Financial Status Standard Sale: Yes
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Interior Amenities: Other
- Floor Number: 1.00
- Total Bathrooms: 2.00
- Full Bathrooms: 2
- Appliances: Refrigerator, Microwave, Oven
- Floor: Combo
- Total Bedrooms: 3
- Sq Ft Remarks: Buyer to verify
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: CBS, Frame
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: No
Utilities
- Utilities: FKAA, Cable Available
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE
- Parcel Number: 00040900-000000
- Lot Size: 6545
- Land Size: More than 1 Lot
- Acres: 0.15
Rental Info
- Rentals Allowed: Yes
- Furnished: Unfurnished
Tax Info
- Tax Year: 2023
Multi Family
- Total Units: 1.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2024
Closed on
Jul 31, 2024
Sold by
Alea Emilio and Alea David
Bought by
Pabian Properties Llc
Seller's Agent
Derek Epperly
Keys Atlantic Realty
Buyer's Agent
Derek Epperly
Keys Atlantic Realty
List Price
$1,675,000
Sold Price
$1,500,000
Premium/Discount to List
-$175,000
-10.45%
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
57.16%
Original Mortgage
$500,000
Outstanding Balance
$56,831
Interest Rate
6.86%
Mortgage Type
Construction
Estimated Equity
$2,247,924
Purchase Details
Closed on
Feb 1, 2024
Sold by
Emilio Alea Sr Declaration Of Trust
Bought by
Alea Emilio and Alea David
Purchase Details
Closed on
Oct 10, 2001
Sold by
Alea Emilio S
Bought by
Alea Emilio Sr Trust
Purchase Details
Closed on
Jan 1, 1980
Bought by
Alea Emilio Sr Dec Of Trust 7/12/2001
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 | $500,000 | None Listed On Document | |
| Deed Of Distribution | -- | None Listed On Document | |
| Warranty Deed | -- | -- | |
| Deed | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Construction | |
| Previous Owner | $310,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Price Changed | $2,499,000 | -3.8% | $1,288 / Sq Ft |
| 05/06/2025 05/06/25 | Price Changed | $2,599,000 | -5.5% | $1,340 / Sq Ft |
| 03/31/2025 03/31/25 | For Sale | $2,750,000 | +83.3% | $1,418 / Sq Ft |
| 07/31/2024 07/31/24 | Sold | $1,500,000 | -10.4% | $777 / Sq Ft |
| 05/27/2024 05/27/24 | For Sale | $1,675,000 | -- | $867 / 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 | $3,622 | $1,273,659 | $978,608 | $295,051 |
| 2023 | $3,622 | $418,680 | $0 | $0 |
| 2022 | $3,463 | $406,486 | $0 | $0 |
| 2021 | $3,528 | $394,647 | $0 | $0 |
| 2020 | $3,468 | $389,199 | $0 | $0 |
| 2019 | $3,415 | $380,449 | $0 | $0 |
| 2018 | $3,408 | $373,356 | $0 | $0 |
| 2017 | $3,390 | $365,677 | $0 | $0 |
| 2016 | $3,489 | $358,156 | $0 | $0 |
| 2015 | $3,558 | $355,666 | $0 | $0 |
| 2014 | $3,656 | $352,843 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Derek Epperly
Seller's Agent in 2025
Derek Epperly
Keys Atlantic Realty
(305) 923-4833
13 in this area
49 Total Sales
-
D
Buyer's Agent in 2024
Derek Epperly, PA
Berkshire Hathaway HomeServices Knight & Gardner Realty
Map
Source: Key West Association of REALTORS®
MLS Number: 610174
APN: 00040900-000000
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