324 Truman Ave Key West, FL 33040
Old Town Neighborhood
4
Beds
5
Baths
2,020
Sq Ft
4,792
Sq Ft Lot
About This Home
As of April 2025DEVELOPER ALERT !!!!!PERMIT IS READY TO BE PICKED UP**Historic Old Town Home Ready for Rehabilitation**This charming property is located in a highly desirable X flood zone and offers 5,470 sq ft of land. HARC has already approved the rehabilitation of this historic home, increasing the current square footage from 2,020 to 2,575. The finished product will include 4 bedrooms, 4.5 bathrooms, a pool, and plenty of off-street parking--a prime need in Old Town. This home also offers a large open attic that could add living space.Situated just steps from the world-famous Duval Street, you'll enjoy the convenience of nearby attractions while being far enough to avoid the noise. This is a rare opportunity to own and restore a piece of Key West history.Manager of LLC is a License Florida Real Estate Agent.
Last Agent to Sell the Property
Coldwell Banker Schmitt Real Estate Co. (KW) License #3029661 Listed on: 07/30/2024
Home Details
Home Type
Single Family
Est. Annual Taxes
$9,290
Year Built
1944
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- Additional Assessor Parcel Number 1: 00025520-000000
- Additional Assessor Parcel Number 2: 00025520-000000
- As Is Right To Inspect: Yes
- First Right of Refusal: No
- Mandatory HOA: No
- Document Count: 2
- Fee Includes: None
- Financial Status Bank Owned: No
- Financial Status Potential Short Sale: No
- Key Island: Key West
- K W Neighborhood: Old Town-S of Truman
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 1.00
- Min Rental Days: 30.00
- M L S Identifier: 20060123165453488875000000
- Neighborhood Feature: Other Area Features
- Off Shore Island: No
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Sale Terms: Cash
- Side: Median
- State Province: FL
- Taxes: 9290.38
- Title: Negotiable
- Vehicle Storage: Off Street Parking
- Year Built: 1944
- Alternate Key Number: 1026298
- Cooling Heating: None
- Lot Sq Ft: 5470.00
- Porch Balcony: Open Porch/Balcony
- License Info: Non Trans Rntl Lic
- Shutters: Other
- Tax Exemptions: None
- Building Style Above Flood: Yes
- Building Style Stories: 2 Stories
- Estimated Living Sq Ft: 2020.00
- Property Condition: Fixer Upper
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
- Stories: 2
Interior Features
- Interior Amenities: Other
- Total Bathrooms: 5.00
- Full Bathrooms: 4
- Appliances: No Appliances
- Floor: Wood
- Half Bathrooms: 1
- Specialty Rooms: Other
- Windows/Doors: Single Hung Windows
- Total Bedrooms: 4
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: CBS, Stucco
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: No
Utilities
- Security: No Security
- Utilities: FKAA
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: X Zone
- Parcel Number: 00025520-000000
- Land Size: Less Than 1/4 Acre
- Acres: 0.11
Rental Info
- Rentals Allowed: Yes
- Furnished: Unfurnished
Tax Info
- Tax Year: 2023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2024
Closed on
Apr 21, 2025
Sold by
Tdgroup Truman Ave Llc
Bought by
Gallagher Jered
Seller's Agent
Louis Paez
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Barbara Crespo
Keller Williams Key West Compass Realty
List Price
$1,695,000
Sold Price
$1,500,000
Premium/Discount to List
-$195,000
-11.5%
Views
44
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
252.20%
Purchase Details
Closed on
Aug 2, 2024
Sold by
Tdgroup Truman Ave Llc
Bought by
Tdgroup Truman Ave Llc
Purchase Details
Listed on
May 22, 2019
Closed on
Jul 29, 2020
Sold by
Yates Donald E and Sands Family Holdings Llc
Bought by
Tdgroup Truman Ave Llc
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.98%
Purchase Details
Closed on
Jul 20, 2017
Sold by
Sands Family Holdings Llc
Bought by
Garner Winifred Sands and Sands Carlos
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.96%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Nov 10, 2011
Bought by
Sands Family Holdings Llc
Purchase Details
Closed on
Sep 17, 2011
Bought by
Sands Family Holdings Llc
Purchase Details
Closed on
Aug 17, 2011
Bought by
Sands Family Holdings Llc
Purchase Details
Closed on
Aug 11, 2011
Bought by
Sands Family Holdings Llc
Purchase Details
Closed on
Aug 10, 2011
Bought by
Sands Family Holdings Llc
Purchase Details
Closed on
Aug 9, 2011
Bought by
Sands Family Holdings Llc
Purchase Details
Closed on
Aug 4, 2011
Bought by
Sands Family Holdings Llc
Purchase Details
Closed on
Jul 19, 2011
Bought by
Sands Family Holdings Llc
Purchase Details
Closed on
Jul 18, 2011
Bought by
Sands Family Holdings Llc
Purchase Details
Closed on
Jul 14, 2011
Bought by
Sands Family Holdings Llc
Purchase Details
Closed on
Jul 7, 2011
Bought by
Sands Family Holdings Llc
Purchase Details
Closed on
Jul 5, 2011
Bought by
Sands Family Holdings Llc
Purchase Details
Closed on
Feb 3, 2011
Bought by
Sands Family Holdings Llc
Purchase Details
Closed on
Jul 19, 2010
Bought by
Sands Family Holdings Llc
Purchase Details
Closed on
Apr 8, 2010
Bought by
Sands Family Holdings Llc
Purchase Details
Closed on
Oct 24, 2002
Sold by
Contreras Gilberto
Bought by
County Of Monroe
Purchase Details
Closed on
Jun 13, 2002
Sold by
Dean P Parkinson I
Bought by
Contreras Gilberto
Similar Homes in Key West, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,500,000 | None Listed On Document | |
| Warranty Deed | $1,500,000 | None Listed On Document | |
| Quit Claim Deed | -- | First American Title Insurance | |
| Quit Claim Deed | -- | First American Title Insurance | |
| Quit Claim Deed | -- | First American Title Insurance | |
| Warranty Deed | $950,000 | Attorney | |
| Warranty Deed | $8,092,857 | None Listed On Document | |
| Quit Claim Deed | -- | Attorney | |
| Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $14,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | Stand Alone First |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Sold | $1,500,000 | -11.5% | $743 / Sq Ft |
| 04/18/2025 04/18/25 | Pending | -- | -- | -- |
| 07/30/2024 07/30/24 | For Sale | $1,695,000 | +78.4% | $839 / Sq Ft |
| 07/29/2020 07/29/20 | Sold | $950,000 | +5.7% | $469 / Sq Ft |
| 02/10/2020 02/10/20 | Pending | -- | -- | -- |
| 05/22/2019 05/22/19 | For Sale | $899,000 | -- | $444 / Sq Ft |
Source: Key West Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $9,290 | $1,329,012 | $1,016,382 | $312,630 |
| 2023 | $9,290 | $1,342,694 | $1,043,759 | $298,935 |
| 2022 | $7,224 | $809,705 | $506,480 | $303,225 |
| 2021 | $6,772 | $675,672 | $410,659 | $265,013 |
| 2020 | $6,582 | $657,086 | $393,045 | $264,041 |
| 2019 | $6,892 | $686,965 | $418,796 | $268,169 |
| 2018 | $7,243 | $712,822 | $418,796 | $294,026 |
| 2017 | $6,779 | $717,339 | $0 | $0 |
| 2016 | $6,326 | $588,991 | $0 | $0 |
| 2015 | $5,922 | $518,364 | $0 | $0 |
| 2014 | $5,604 | $458,693 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Louis Paez
Seller's Agent in 2025
Louis Paez
Coldwell Banker Schmitt Real Estate Co. (KW)
(305) 395-1081
5 in this area
58 Total Sales
-
Barbara Crespo
Buyer's Agent in 2025
Barbara Crespo
Keller Williams Key West Compass Realty
(305) 797-0802
18 in this area
60 Total Sales
-
Vic Musmanno
Seller's Agent in 2020
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
(305) 304-2623
15 in this area
156 Total Sales
Map
Source: Key West Association of REALTORS®
MLS Number: 610933
APN: 00025520-000000
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