NOT LISTED FOR SALE

Estimated Value: $1,411,000 - $2,839,000

9 Beds
9 Baths
4,037 Sq Ft
$605/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2025

Last sale price $2,685,000 $665 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $15,177 / mo

69 Days on Market

Highlights

  • Detached Guest House
  • Granite Countertops
  • Stainless Steel Appliances
  • Fruit Trees
  • Workshop
  • Skylights

About This Home

As of May 2025

PRICED TO SELL - This is a rare and exceptional opportunity! Land is at premium in Key West, and this expansive nearly 12,000 sq. ft. lot with not one but essentially 3 houses and room to grow, is an extraordinary find. Discover a balanced blend of Key West character, mid-century charm, and modern updates with this one-of-a-kind multi family compound. This property could not be more well designed for seclusion and private entertainment. Whether you're looking for a spacious primary residence, an income-producing property, a redevelopment opportunity, or a combination of all three, this is your drawing board. Once home to a beloved local artist, this award-winning property—recognized by the Old Island Restoration Foundation—is a nostalgic tribute to its time period. The current owner has preserved and enhanced its retro artistic flair, creating a truly unique ambiance that transports you back in time. Property Highlights:
✅ Three Separate units- Each with its own private access and gated tropical yard
✅ Main House (4 BD | 3.5 BA) - An open combo entertainment area overlooks a resort-style outdoor space featuring a stunning collection of mature and rare plant species, creating a lush, tropical sanctuary. At its heart, a luxurious heated pool basks in the sunshine by day and transforms into a glowing oasis by night, illuminated by soft ambient lighting.
✅ Second Unit (3 BD | 2 BA) - Exposed beam ceilings, skylights, and a serene outdoor shower.
✅ Third Unit (2 BD | 2 BA) - A cozy retreat with an expansive patio space
✅ Concrete Block Construction, Impact windows and doors for added security
✅ Off-Street Parking & Endless Storage - A rare convenience in Key West
✅ Only three blocks from the beach/pier and a short stroll to Old Town. This property is an entertainer's dream that must be seen in person to truly understand and appreciate all it has to offer.

Last Agent to Sell the Property

Jessica Celli

Engel & Voelkers Key West License #3496069 Listed on: 02/21/2025

Engel & Voelkers Key West

Last Buyer's Agent

Jessica Celli

Engel & Voelkers Key West License #3496069 Listed on: 02/21/2025

Engel & Voelkers Key West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,902

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 11,264 Sq Ft Lot
  • Privacy Fence
  • Sprinkler System
  • Fruit Trees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,037 Sq Ft Home
  • 2-Story Property
  • Bar
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Workshop
  • Storage
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Carport
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible
  • Wheelchair Ramps
  • Accessible Parking

Outdoor Features

  • Outdoor Shower
  • Shed
  • Rain Gutters

Utilities

  • Ductless Heating Or Cooling System
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Detached Guest House
  • Trailer Storage

Community Details

  • Prog Land Imp Co Diag Subdivision

Listing and Financial Details

  • Short Sale

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,902

Year Built

Built in 1958 | Remodeled

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential
  • Vehicle Storage Cars: 2
  • Year Built: 1958
  • Building Style Above Flood: Unknown
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Multi-Units
  • LotSizeAcres: 0.15
  • Co List Office Mls Id: kwa.10017
  • Subdivision Name: Prog Land Imp Co Diag (2.0)
  • Dockage: None
  • Vehicle Storage: Carport, Open Parking, Guest Parking, Off Street Parking, Trailer Storage, Covered Parking
  • Waterview: No Waterview
  • Shutters: Accordion
  • Building Style: Stories: 2 Stories
  • Specialty Rooms: Utility Room, Workshop
  • Financial Status: Bank Owned: No
  • Financial Status: Potential Short Sale: Yes
  • Pre-Wired: Cable
  • Accessibility Feat: Parking, Wheelchair Ramp
  • Location, Tax & Legal: Handicap Access: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Granite Counter Top, Security System, Sky Light(s), Storage, Walk-in Closet(s), Bar, Quartz Countertops
  • Appliances: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Ice Machine, Wine Cooler, Stainless Steel Appliance(s)
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 9
  • Interior Features: Fireplace(s), Pantry, Entrance Foyer, Granite Counter Top, Security System, Sky Light(s), Smoke Alarms, Storage, Walk-in Closet(s), Window Treatments, Bar, Quartz Countertops
  • WindowsDoors: Sliding Glass Doors, Other Windows/Doors, Impact Rstnce Window, Impact Rstnce Doors
  • GF-Interior Features: Tankless Hot Wtr Htr, LED Lighting

Exterior Features

  • Waterfront: No
  • Exterior Features: Fruit Tree(s), Detached Guest Qtrs, Rain Gutters, Outdoor Shower, Privacy Wall/Fence, Shed, Sprinkler System, Storage
  • Construction Type: Concrete, Combo Construction
  • General Property Description: Waterfront: No
  • Waterfront: None

Utilities

  • Cooling: Ceiling Fans(s), Ductless
  • Utilities: FKAA

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Lot Size Sq Ft: 11264.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 23902.0

Multi Family

  • Number Of Units Total: 3

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
Feb 21, 2025
Closed on
May 16, 2025
Sold by
Bought by
Seller's Agent
Jessica Celli
Engel & Voelkers Key West
Buyer's Agent
Jessica Celli
Engel & Voelkers Key West
List Price
$2,999,000
Sold Price
$2,685,000
Premium/Discount to List
-$314,000
-10.47%
Views
10
Current Estimated Value
$2,441,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$243,820
Avg. Annual Appreciation
-8.29%

Purchase Details

Listed on
Nov 23, 2021
Closed on
Mar 3, 2022
Sold by
Bought by
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Jessica Celli
Engel & Voelkers Key West
List Price
$3,750,000
Sold Price
$3,180,000
Premium/Discount to List
-$570,000
-15.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.17%
Original Mortgage
$2,385,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
7.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 1990
Bought by

Purchase Details

Closed on
Feb 1, 1989
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$2,685,000 None Listed On Document
$3,180,000 Oropeza Stones Cardenas Pllc
-- None Available
$457,500 --
$22,000 --
$379,500 --
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 Borrower Loan Amount
Previous Owner $2,385,000
Previous Owner $400,000
Previous Owner $357,500
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
05/16/2025 05/16/25 Sold $2,685,000 -10.5% $665 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $2,999,000 -5.7% $743 / Sq Ft
03/10/2022 03/10/22 Sold $3,180,000 -9.1% $788 / Sq Ft View Prior Sale
01/12/2022 01/12/22 Pending -- -- --
01/03/2022 01/03/22 Price Changed $3,499,000 -6.7% $867 / Sq Ft
11/19/2021 11/19/21 For Sale $3,750,000 -- $929 / 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 $23,903 $2,041,187 $1,100,268 $940,919
2024 $23,903 $2,728,167 $1,793,459 $934,708
2023 $22,781 $2,557,019 $1,635,998 $921,021
2022 $18,713 $2,105,051 $1,163,613 $941,438
2021 $8,162 $826,687 $0 $0
2020 $8,028 $815,274 $0 $0
2019 $7,918 $796,945 $0 $0
2018 $7,907 $782,086 $0 $0
2017 $7,883 $766,000 $0 $0
2016 $4,710 $400,050 $0 $0
2015 $6,723 $623,501 $0 $0
2014 $6,349 $531,484 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 613820

Key West Association of REALTORS®

APN: 00059410-000000

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