Bernice Schafer
Vested Palm Real Estate and Home Services
(888) 614-9574
63 Total Sales
7 in Mid Town
$575K - $3.8M Price Range
1513 5th St Key West, FL 33040
Mid Town NeighborhoodEstimated Value: $1,045,264 - $1,174,000
3
Beds
2
Baths
1,555
Sq Ft
$720/Sq Ft
Est. Value
Highlights
- Pond View
- Deck
- No HOA
- Home fronts a canal
- Sun or Florida Room
- Workshop
About This Home
As of October 2025Tropical Waterfront Sanctuary with Room for a Pool -- Your Island Dream AwaitsWelcome to 1513 5th Street, a hidden tropical retreat nestled in the heart of Key West that perfectly blends coastal charm, modern comforts, and endless potential. Tucked away behind lush, mature landscaping, this private and beautifully renovated 3-bedroom, 2-bathroom home offers a rare opportunity to live waterfront while being just minutes from beaches, shops, restaurants, and the best of island life.Situated on a generous 7,789 sq ft lot, this property is a true sanctuary, complete with serene water views and direct access to kayaking and paddleboarding right from your own backyard. Nature lovers and outdoor enthusiasts will delight in the peaceful mangrove setting--ideal for launching into your next adventure or enjoying quiet sunrise moments by the water's edge.Inside, the home boasts 1,611 sq ft of bright, airy living space, thoughtfully updated to honor the laid-back Key West lifestyle. The spacious Florida room serves as the heart of the home--flooded with natural light and surrounded by verdant tropical views, it's the perfect place to relax, entertain, or simply soak up the serenity of your surroundings.The primary suite offers a private oasis, complete with a home office, yoga studio, personal gym, or creative space--whatever fits your lifestyle. Wake up to soft breezes and the sights and sounds of nature just outside your window.Journey outside and you'll find ample space to add a custom pool, creating your own tropical resort-style setting. With room to lounge, garden, and entertain, the fully fenced yard is a an outdoor living dream. A dedicated golf cart space and off-street parking add convenience and ease, while a detached structure on the property offers even more flexibility. Whether you envision a potters studio, guest suite, workshop, or quiet retreat, the possibilities are as limitless as the setting is!
Last Agent to Sell the Property
Truman & Co. (KW) License #3487159 Listed on: 07/28/2025
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,227
Year Built
- Built in 1968 | Remodeled
Lot Details
- 7,789 Sq Ft Lot
- Home fronts a canal
- Fenced
Parking
- Off-Street Parking
Property Views
- Pond
- Canal
Home Design
- Metal Roof
Interior Spaces
- 1,555 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Workshop
- Sun or Florida Room
Kitchen
- Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Deck
- Patio
- Shed
Utilities
- Central Air
- Cooling System Mounted To A Wall/Window
- Public Hookup Available For Sewer
- Cable TV Available
Community Details
- No Home Owners Association
- Ser Deb Estates Subdivision
- Rental Restrictions
Listing and Financial Details
- Homestead Exemption
- Minimum Rental Period: 30
- Assessor Parcel Number 00063670-000000
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2025
Closed on
Oct 10, 2025
Sold by
Garza Jose L and Tomlinson Bill A
Bought by
Seller's Agent
Dominic Paolillo Jr.
Truman & Co. (KW)
Buyer's Agent
Solaris Gregory
Expert Realty LLC (HQ)
List Price
$1,195,000
Sold Price
$1,095,000
Premium/Discount to List
-$100,000
-8.37%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,502
Avg. Annual Appreciation
2.50%
Purchase Details
Closed on
Mar 4, 2019
Sold by
Garza Jose L
Bought by
Garza Jose L and Tomlinson Bill A
Purchase Details
Closed on
Oct 4, 2018
Sold by
Stanford Joseph C
Bought by
Garza Jose L
Purchase Details
Closed on
Oct 15, 2004
Sold by
Carone David W
Bought by
Stanford Joseph C
Purchase Details
Closed on
Jan 31, 1995
Sold by
Sibole Paul E and Sibole Rebecca F
Bought by
Carone David W and Stanford Joseph C
Purchase Details
Closed on
Oct 1, 1989
Bought by
Stanford Joseph C
Purchase Details
Closed on
Dec 1, 1986
Bought by
Stanford Joseph C
Purchase Details
Closed on
Jan 1, 1984
Bought by
Stanford Joseph C
Purchase Details
Closed on
May 1, 1981
Bought by
Stanford Joseph C
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Mid Town, FL
-
Bernice Schafer
-
Annie Rivera
Annie Rivera
Berkshire Hathaway Florida Realty
(786) 933-8040
15 Total Sales
4 in Mid Town
$189K - $270K Price Range
-
Mike Kane
Mike Kane
Internet Realty of the Florida Keys
(703) 884-2537
25 Total Sales
5 in Mid Town
$1.4M - $2.4M Price Range
-
Austin Kimbler
Austin Kimbler
Expert Realty LLC (HQ)
(786) 901-8149
49 Total Sales
10 in Mid Town
$575K - $5M Price Range
-
Emily Lombard
Emily Lombard
Ocean Sotheby's International Realty
(833) 447-1049
42 Total Sales
3 in Mid Town
$695K - $1.8M Price Range
-
Lisa Ferringo
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
(786) 751-5529
561 Total Sales
13 in Mid Town
$675K - $2.9M Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,095,000 | None Listed On Document | ||
| Garza Jose L | $100 | None Listed On Document | |
| Garza Jose L | $100 | None Listed On Document | |
| Stanford Joseph C | -- | -- | |
| Carone David W | $150,000 | -- | |
| Stanford Joseph C | $137,000 | -- | |
| Stanford Joseph C | $125,000 | -- | |
| Stanford Joseph C | $77,700 | -- | |
| Stanford Joseph C | $69,900 | -- |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $488,000 | ||
| Previous Owner | Stanford Joseph | $40,000 | |
| Previous Owner | Stanford Joseph C | $441,500 | |
| Previous Owner | Carone David W | $359,058 | |
| Previous Owner | Stanford Joseph C | $270,000 | |
| Previous Owner | Stanford Joseph C | $30,000 | |
| Previous Owner | Carone David W | $145,000 |
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 |
|---|---|---|---|---|
| 10/10/2025 10/10/25 | Sold | $1,095,000 | -8.4% | $704 / Sq Ft |
| 09/24/2025 09/24/25 | Pending | -- | -- | -- |
| 07/28/2025 07/28/25 | For Sale | $1,195,000 | -- | $768 / Sq Ft |
Source: Key West Association of REALTORS®
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 | $6,227 | $807,176 | $592,704 | $214,472 |
| 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
Agents Affiliated with this Home
-
Dominic Paolillo Jr.
Seller's Agent in 2025
Dominic Paolillo Jr.
Truman & Co. (KW)
(305) 304-7062
5 in this area
17 Total Sales
-
Solaris Gregory
Buyer's Agent in 2025
Solaris Gregory
Expert Realty LLC (HQ)
(305) 394-3442
10 in this area
77 Total Sales
Map
Source: Key West Association of REALTORS®
MLS Number: 615954
APN: 00063670-000000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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