NOT LISTED FOR SALE

321 Avenue E Key West, FL 33040

Estimated Value: $870,000 - $919,324

4 Beds
2 Baths
1,584 Sq Ft
$568/Sq Ft Est. Value

Sale Details

Date Sold: November 21, 2025

Last sale price $895,000 $565 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,442 / mo

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

7,405 Sq Ft Lot

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
Current Estimated Value
$900,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,331
Avg. Annual Appreciation
1.27%
Original Mortgage
$836,000
Outstanding Balance
$832,833
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$67,498

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
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
Florida Keys Real Estate Company (KW)
Buyer's Agent
The Wesley Group
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
3.62%
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

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 Buyer Sale Price Title Company
Nelson Connor $895,000 None Listed On Document
Lower Keys Property Management Llc $865,000 None Listed On Document
Santiago Stanley $865,000 None Listed On Document
Kesead Michael J $774,000 Closing Department Inc
Gleason Karla $150,000 Chicago Title Of The Florida
Gleason Karla $30,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open Nelson Connor $836,000
Previous Owner Santiago Stanley $648,750
Previous Owner Kesead Michael J $774,000
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

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

  • M

    Seller's Agent in 2025

    Matthew Zelko

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 363-8890

    2 in this area

    23 Total Sales

    Matthew Zelko
    Section Image

  • C

    Buyer's Agent in 2025

    Connor Nelson

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (813) 465-2511

    1 in this area

    3 Total Sales

    Connor Nelson
    Section Image

  • D

    Seller's Agent in 2022

    Darlene Thomas

    Florida Keys Real Estate Company (KW)

  • The Wesley Group

    Buyer's Agent in 2022

    The Wesley Group

    Bascom Grooms Real Estate (KW)

    (305) 923-7131

    7 in this area

    23 Total Sales

    The Wesley Group
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 616334

Key West Association of REALTORS®

APN: 00152880-000000

Florida Monroe County Key West 33040

321 Avenue E, 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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