$949,000
$151K PRICE DROP

2004 Patterson Ave Key West, FL 33040

Mid Town Neighborhood

Estimated payment $5,525/month

Total Views 4,408
4 Beds
3 Baths
1,239 Sq Ft
$766 Price per Sq Ft

About This Home

Well-maintained duplex offering flexible living and strong income potential in a desirable Key West location. The property features a charming 3-bedroom, 2-bath main home plus a separate 1-bedroom, 1-bath studio cottage—ideal for extended family, guests, or rental income. Both units are thoughtfully laid out with comfortable living spaces and plenty of natural light. Currently fully leased and income-producing, this is an excellent opportunity for investors or owner-occupants looking to offset expenses while enjoying island living.

Listing Agent

Rebecca Cobo

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3391130 Listed on: 01/28/2026

Berkshire Hathaway HomeServices Knight & Gardner Realty

Co-Listing Agent

Logan Guevremont

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3451909

Map

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Building Style Above Flood: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Waterfront: No

Lot Info

  • Parcel Number: 00049830-000000

Tax Info

  • Tax Year: 2025

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

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 $6,331 $725,646 $490,329 $235,317
2024 $5,990 $690,268 $465,054 $225,214
2023 $5,990 $661,022 $460,000 $201,022
2022 $5,429 $597,531 $394,285 $203,246
2021 $5,016 $475,084 $300,769 $174,315
2020 $4,814 $472,592 $298,241 $174,351
2019 $4,391 $403,205 $226,209 $176,996
2018 $4,472 $430,887 $252,747 $178,140
2017 $4,270 $413,346 $0 $0
2016 $4,267 $414,362 $0 $0
2015 $3,943 $343,817 $0 $0
2014 $3,610 $266,354 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2026 04/20/26 Price Changed $949,000 -5.1% $766 / Sq Ft
03/31/2026 03/31/26 Price Changed $1,000,000 -7.0% $807 / Sq Ft
02/26/2026 02/26/26 Price Changed $1,075,000 -2.3% $868 / Sq Ft
01/28/2026 01/28/26 For Sale $1,100,000 -- $888 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 Attorney
Warranty Deed -- --
Warranty Deed $100,000 --
Deed $14,800 --
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 618352

Key West Association of REALTORS®

APN: 00049830-000000

Florida Monroe County Key West 33040 Mid Town

2004 Patterson Ave, Key West, FL

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.

Key West Association of REALTORS® 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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Rebecca Cobo
Listing Agent
Rebecca Cobo
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Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 797-4130
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