1513 5th St Key West, FL 33040
Mid Town NeighborhoodEstimated payment $7,575/month
Total Views
4,851
3
Beds
2
Baths
1,611
Sq Ft
$791
Price per Sq Ft
About This Home
Hidden Gem in a Tropical Garden Paradise setting!Waterfront Views and Central Location. Huge Lot size of 7,789 sq ft.Welcome to a tropical garden paradise with captivating waterfront views! This beautifully renovated 3-bedroom, 2-bathroom home, featuring a spacious Florida room, offers an ideal sanctuary for the kayak and paddleboard enthusiast, complete with easy launch access. Living space of 1,611 sq ft.Situated in a prime location, it is just a leisurely 10-minute walk to the beach. The home boasts off-street parking for your car, and additionally, a golf cart space within the fenced outdoor living area, enhancing convenience and security.The primary suite is a haven of tranquility, featuring a large additional space perfect for an office or gym, with breathtaking views that inspire and refresh. There is also a separate structure that offers endless custom possibilities, whether you envision it as an artist studio, shed, or any other creative space.This tropical garden paradise combines natural beauty, modern comforts, and versatile spaces, making it the perfect home for those seeking a blend of relaxation and active lifestyle.
Listing Agent
Ocean Sotheby's International Realty License #3578422 Listed on: 05/07/2025
Map
Home Details
Home Type
Single Family
Est. Annual Taxes
$5,671
Year Built
1968
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
- Control Depth: 1
- Fee Includes: None
- Key Island: Key West
- K W Neighborhood: Midtown East
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 3.00
- Min Rental Days: 28.00
- M L S Identifier: 20060123165453488875000000
- Neighborhood Feature: Beach
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Median
- State Province: FL
- Taxes: 6227.30
- Vehicle Storage: Off Street Parking
- Year Built: 1968
- Alternate Key Number: 1064084
- Cooling Heating: Central Air, Ductless
- Lot Sq Ft: 7789.00
- Porch Balcony: Patio
- Shutters: Panel
- Species List: No
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- Estimated Living Sq Ft: 1611.00
- Pre Wired: Cable
- Property Condition: Updated/Remodeled
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Interior Amenities: Drapes/Blinds Incl, Quartz Countertops, Walk-in Closet(s), Storage
- Total Bathrooms: 2.00
- Full Bathrooms: 2
- Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
- Floor: Tile, Laminate
- Specialty Rooms: Laundry Room, Workshop, Sun/Florida Room
- Total Bedrooms: 3
- Sq Ft Remarks: 56 SF Florida Sunroom under air
Exterior Features
- Dockage: None
- Waterfront: Salt Ponds
- Waterfront: Yes
- Construction: CBS
- Exterior Features: Lighting, Shed, Privacy Wall/Fence
- Roof: Combo Roof, Other Roof
- Waterview: Salt Ponds
- Pool: No
Utilities
- Utilities: FKAA
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE
- Parcel Number: 00063670-000000
- Land Size: Less Than 1/4 Acre
- Acres: 0.18
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Negotiable
Tax Info
- Tax Year: 2024
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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 | $5,671 | $841,691 | $630,831 | $210,860 |
| 2023 | $5,671 | $730,810 | $533,780 | $197,030 |
| 2022 | $5,338 | $733,702 | $533,780 | $199,922 |
| 2021 | $4,517 | $466,922 | $292,886 | $174,036 |
| 2020 | $4,500 | $466,990 | $292,886 | $174,104 |
| 2019 | $4,715 | $487,480 | $308,483 | $178,997 |
| 2018 | $1,984 | $215,389 | $0 | $0 |
| 2017 | $1,971 | $210,959 | $0 | $0 |
| 2016 | $2,016 | $206,620 | $0 | $0 |
| 2015 | $2,057 | $205,184 | $0 | $0 |
| 2014 | $2,105 | $203,556 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Price Changed | $1,275,000 | -5.6% | $791 / Sq Ft |
| 05/07/2025 05/07/25 | For Sale | $1,350,000 | -- | $838 / Sq Ft |
Source: Key West Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $100 | None Listed On Document | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $150,000 | -- | |
| Warranty Deed | $137,000 | -- | |
| Warranty Deed | $125,000 | -- | |
| Warranty Deed | $77,700 | -- | |
| Warranty Deed | $69,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $488,000 | Negative Amortization | |
| Previous Owner | $40,000 | Small Business Administration | |
| Previous Owner | $441,500 | Negative Amortization | |
| Previous Owner | $359,058 | New Conventional | |
| Previous Owner | $270,000 | New Conventional | |
| Previous Owner | $30,000 | New Conventional | |
| Previous Owner | $145,000 | New Conventional | |
| Previous Owner | $120,000 | No Value Available |
Source: Public Records
Similar Homes in Key West, FL
Source: Key West Association of REALTORS®
MLS Number: 614927
APN: 00063670-000000
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