$975,000
SOLD MAY 15, 2025

18 Emerald Dr Key West, FL 33040

3 Beds
2 Baths
1,390 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$701 Per Sq Ft

19% Below List Price

88 Days on Market

About This Home

As of May 2025

This custom-built, well-maintained 3-bedroom, 2-bath waterfront stilted home offers the perfect tropical retreat just 6 miles from Key West. Elevated on stilts, the property features 80 feet of concrete seawall, complete with davits and stunning emerald waters. The rear of the house faces west, allowing you to enjoy breathtaking sunsets from your screened-in balcony or while relaxing by the water. Ideal for both indoor and outdoor entertaining, the home boasts updated bathrooms, tile flooring throughout, and a cathedral ceiling. With two screened-in decks and a garage, this move-in ready home is surrounded by lush tropical landscaping. The canal provides easy access for swimming, paddleboarding, and kayaking. In addition, it's just a short boat ride to Snipe Keys, Mud Keys, and Marvin Keys--an excellent spot for outdoor enthusiasts seeking a peaceful coastal lifestyle.

Last Agent to Sell the Property

Tom Mclaughlin

Coldwell Banker Schmitt Real Estate Co. (KW) License #SL3286320 Listed on: 12/03/2024

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Tom Mclaughlin

Coldwell Banker Schmitt Real Estate Co. (KW) License #SL3286320 Listed on: 12/03/2024

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

Single Family

Year Built

1990

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
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Big Coppitt
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 10.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6333.04
  • Title: Negotiable
  • Vehicle Storage: Garage, Covered Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1990
  • Alternate Key Number: 1201821
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 8000.00
  • Porch Balcony: Open Porch/Balcony, Screened P/B
  • Shutters: Accordion, Bahama
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1390.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00156400-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
May 15, 2025
Sold by
Scaglione Richard and Scaglione Janice
Bought by
James A Huey Revocable Trust and Huey
Seller's Agent
Tom Mclaughlin
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Tom Mclaughlin
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$1,200,000
Sold Price
$975,000
Premium/Discount to List
-$225,000
-18.75%
Views
55
Current Estimated Value
$1,016,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,398
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
Sep 19, 2011
Bought by
Scaglione Richard and Scaglione Janice

Purchase Details

Closed on
Aug 8, 1997
Sold by
Pecchia William M and Pecchia Carol
Bought by
Pennigar Charles M and Pennigar Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
7.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1995
Bought by
Scaglione Richard and Scaglione Janice

Purchase Details

Closed on
Mar 1, 1989
Bought by
Scaglione Richard and Scaglione Janice

Purchase Details

Closed on
Oct 1, 1981
Bought by
Scaglione Richard and Scaglione Janice

Purchase Details

Closed on
Mar 1, 1979
Bought by
Scaglione Richard and Scaglione Janice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Date Type Sale Price Title Company
Warranty Deed $975,000 None Listed On Document
Warranty Deed $460,000 --
Deed $257,000 --
Warranty Deed $190,000 --
Warranty Deed $50,000 --
Warranty Deed $22,000 --
Deed $5,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $195,000 New Conventional
Previous Owner $196,000 New Conventional
Previous Owner $205,600 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2025 05/15/25 Sold $975,000 0.0% $701 / Sq Ft
02/21/2025 02/21/25 Price Changed $975,000 -15.2% $701 / Sq Ft
02/06/2025 02/06/25 Price Changed $1,150,000 -4.2% $827 / Sq Ft
12/03/2024 12/03/24 For Sale $1,200,000 -- $863 / Sq Ft
Source: Key West Association of REALTORS®

Tax History Compared to Growth

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
2025 $6,960 $854,328 $564,000 $290,328
2024 $6,333 $875,112 $560,000 $315,112
2023 $6,333 $794,296 $488,000 $306,296
2022 $5,617 $647,469 $336,000 $311,469
2021 $5,160 $490,623 $240,000 $250,623
2020 $5,033 $472,335 $224,000 $248,335
2019 $5,007 $480,210 $228,000 $252,210
2018 $4,663 $418,992 $230,280 $188,712
2017 $4,653 $422,118 $0 $0
2016 $4,655 $417,117 $0 $0
2015 $4,539 $407,136 $0 $0
2014 $4,219 $335,334 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    Tom Mclaughlin

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 296-7727

    4 in this area

    38 Total Sales

    Tom Mclaughlin
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 612504

Key West Association of REALTORS®

APN: 00156400-000000

Florida Monroe County Key West 33040

18 Emerald Dr, Key West, FL

Sold

Detached

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