$895,000
SOLD NOV 21, 2025

321 Avenue E Key West, FL 33040

4 Beds
2 Baths
1,584 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$565 Per Sq Ft

5% Below List Price

42 Days on Market

About This Home

As of November 2025

Do you need a 1031 Exchange? Come see this excellent investment duplex that is turn-key and minutes outside of Key West! Live in one unit while renting the other, or keep both rented for maximum income. Good opportunity for workforce housing! Each unit offers 2 bedrooms, 1 bath, with their own washer/dryers, utility/pantries, updated kitchens, central AC systems, 2 designated off-street parking spots (4 total), and covered porch. This home is solid! CBS construction, metal roof, and impact windows and doors. There is plenty of outdoor space to add a pool, or store an RV, boat, or trailer. Nearby points of interest are a community boat ramp, playground, dog park, beaches, restaurants, naval base, hospital, golf course, college & schools. Don't miss this one! Listing agent is an owner and licensed real estate agent.

Last Agent to Sell the Property

Matthew Zelko

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3405051 Listed on: 08/30/2025

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Connor Nelson

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3606823

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • 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: 9.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6836.97
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1966
  • Alternate Key Number: 1198391
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 9800.00
  • Porch Balcony: Open Porch/Balcony, Deck
  • License Info: Non Trans Rntl Lic
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1584.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors
  • Total Bedrooms: 4
  • Sq Ft Remarks: Buyer to Verify.

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Shed, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00152880-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2025
Closed on
Nov 21, 2025
Sold by
Lower Keys Property Management Llc
Bought by
Nelson Connor and Nelson Mark
Seller's Agent
Matthew Zelko
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Connor Nelson
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$945,000
Sold Price
$895,000
Premium/Discount to List
-$50,000
-5.29%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.01%
Original Mortgage
$836,000
Outstanding Balance
$836,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$74,714

Purchase Details

Closed on
Jul 3, 2023
Sold by
Santiago Stanley and Zelko Matthew David
Bought by
Lower Keys Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,750
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2023
Sold by
Kesead Michael J
Bought by
Santiago Stanley and Zelko Matthew David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,750
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2021
Closed on
Feb 10, 2022
Sold by
Karla Gleason
Bought by
Kesead Michael J
Seller's Agent
Darlene Thomas
Beach Club Brokers (KW)
Buyer's Agent
Britannie Wesley
Bascom Grooms Real Estate (KW)
List Price
$769,000
Sold Price
$774,000
Premium/Discount to List
$5,000
0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$774,000
Interest Rate
3.56%
Mortgage Type
VA

Purchase Details

Closed on
May 3, 2010
Sold by
Ruiz Marcelino
Bought by
Gleason Karla

Purchase Details

Closed on
Oct 1, 1978
Bought by
Gleason Karla
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 $895,000 None Listed On Document
Quit Claim Deed $865,000 None Listed On Document
Warranty Deed $865,000 None Listed On Document
Warranty Deed $774,000 Closing Department Inc
Warranty Deed $150,000 Chicago Title Of The Florida
Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $836,000 New Conventional
Previous Owner $648,750 New Conventional
Previous Owner $774,000 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 Sold $895,000 -5.3% $565 / Sq Ft
10/11/2025 10/11/25 Pending -- -- --
08/30/2025 08/30/25 For Sale $945,000 +22.1% $597 / Sq Ft
02/10/2022 02/10/22 Sold $774,000 +0.7% $489 / Sq Ft View Prior Sale
12/17/2021 12/17/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $769,000 -- $485 / 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 $6,837 $645,907 $333,200 $312,707
2024 $5,861 $681,097 $373,184 $307,913
2023 $5,861 $584,584 $279,962 $304,622
2022 $5,635 $558,933 $259,761 $299,172
2021 $4,318 $364,201 $0 $0
2020 $4,292 $359,173 $0 $0
2019 $3,410 $264,160 $0 $0
2018 $3,389 $264,589 $0 $0
2017 $3,284 $261,222 $0 $0
2016 $3,181 $232,325 $0 $0
2015 $3,275 $231,530 $0 $0
2014 $3,293 $225,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 616334

Key West Association of REALTORS®

APN: 00152880-000000