$1,400,000

206 4th St Key West, FL 33040

Estimated payment $7,670/month

5 Beds
4 Baths
2,275 Sq Ft
$615 Price per Sq Ft

About This Home

A rare opportunity to purchase two single-family homes on separate but contiguous lots, with one home located behind the other, offering privacy and flexibility in a desirable Lower Keys location.The first residence is a 3-bedroom, 2-bath elevated stilt home built in 2003, offering approximately 1,075 sq. ft. of living space on a 7,685 sq. ft. lot. The interior features tile flooring, a spacious open layout, and abundant natural light. The elevated design provides covered storage beneath the home, along with front outdoor space and a covered porch. A swimming pool is located on this lot and is currently separated by fencing; the fence can be removed for shared use or reconfigured for private use by either home.This home is subject to Monroe County Affordable Housing occupancy requirements. The property may be purchased by any buyer; occupancy is limited to a qualifying household.The second residence, located behind the first, is a 2-bedroom, 2-bath single-family home with approximately 1,200 sq. ft. of living space on a 7,972 sq. ft. lot, without deed restrictions. The home is configured with two divided living areas, each with its own mini-split system, making it well suited for flexible living arrangements or rental opportunities. Large windows provide natural light, a rear entrance offers convenient outdoor access, and mature trees provide privacy and shade.Together, these homes create two contiguous lots totaling approximately 15,657 square feet, a notably large combined footprint for the Lower Keys, offering flexibility, privacy, and long-term value just minutes from Key West.

Listing Agent

Logan Guevremont

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3451909 Listed on: 01/20/2026

Berkshire Hathaway HomeServices Knight & Gardner Realty

Co-Listing Agent

Connor Nelson

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3606823

Map

Property Details

Home Type

Multi-Family

Year Built

2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Big Coppitt
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 10.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 4851.31
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2003
  • Alternate Key Number: 1194808
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 7685.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2275.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Dishwasher
  • Floor: Tile, Vinyl
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00149680-000000
  • Lot Size: X
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 7685.00

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $5,062 $463,125 $344,970 $118,155
2024 $4,680 $609,531 $451,878 $157,653
2023 $4,680 $580,589 $438,698 $141,891
2022 $4,355 $536,480 $391,628 $144,852
2021 $3,759 $337,038 $210,876 $126,162
2020 $3,696 $336,988 $208,994 $127,994
2019 $3,519 $333,178 $203,345 $129,833
2018 $3,385 $320,099 $203,345 $116,754
2017 $3,076 $280,515 $0 $0
2016 $2,802 $219,846 $0 $0
2015 $2,816 $233,903 $0 $0
2014 $2,595 $181,624 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2026 01/20/26 For Sale $1,400,000 -- $615 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Attorney
Deed $16,000 --
Deed $2,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $129,000 New Conventional
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 618210

Key West Association of REALTORS®

APN: 00149680-000000