2004 Patterson Ave Key West, FL 33040
Mid Town NeighborhoodEstimated payment $5,654/month
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
Berkshire Hathaway HomeServices Knight & Gardner Realty License #3391130 Listed on: 01/28/2026
Co-Listing Agent
Berkshire Hathaway HomeServices Knight & Gardner Realty License #3451909
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,938
Year Built
- Built in 1958
Lot Details
- 5,106 Sq Ft Lot
Home Design
- 1,239 Sq Ft Home
- Duplex
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Listing and Financial Details
- Assessor Parcel Number 00049830-000000
Community Details
Overview
- Key West Realty Cos Sub Subdivision
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,938 | $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 |
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 |
|---|---|---|---|---|
| 09/10/2026 09/10/26 | Price Changed | $899,000 | -2.8% | $726 / Sq Ft |
| 05/29/2026 05/29/26 | Price Changed | $925,000 | -2.5% | $747 / 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 |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | Attorney | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $100,000 | -- | |
| Deed | $14,800 | -- |
Source: Key West Association of REALTORS®
MLS Number: 618352
APN: 00049830-000000
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