$790,000
SOLD AUG 15, 2025

340 Boundary Ln Key West, FL 33040

3 Beds
2 Baths
1,128 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$700 Per Sq Ft

12% Below List Price

150 Days on Market

About This Home

As of August 2025

Welcome to your tropical oasis on Geiger Key!This stunning brand-new construction seamlessly blends modern luxury with island charm, offering the ultimate Keys lifestyle. Step inside to discover a bright and airy open floor plan that effortlessly connects the living, dining, and kitchen areas--perfect for both relaxing and entertaining. The chef's kitchen is a standout feature, boasting stainless steel appliances, sleek quartz countertops, and ample cabinetry to inspire your culinary creations. The spacious guest bedrooms provide a peaceful retreat for friends and family, while the primary suite is a true haven, featuring a spa-like en-suite bathroom complete with a custom tile walk-in shower and dual vanity. Outdoors, this home truly shines. Nestled along a tranquil canal with a concrete seawall, you'll enjoy effortless small skiff/flat boat access as well as kayaking, swimming, and paddleboarding right from your backyard. After a day of exploring nearby islands and beaches, unwind on the expansive deck while soaking in the breathtaking Keys sunsets. Built for both style and durability, this residence features a generator hookup, impact-resistant windows and doors, a metal roof, and Hardie board siding--designed to withstand the elements while maintaining year-round aesthetic appeal. Conveniently located just minutes from Key West, this home offers the perfect balance of serene island living and easy access to dining, entertainment, beaches and the Key West airport. Whether you're seeking a full-time residence or the perfect vacation retreat, this property provides a rare opportunity to experience the best of the Florida Keys lifestyle.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677 Listed on: 01/30/2025

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Robin Nilsson

Keller Williams Key West Compass Realty License #3382004

Keller Williams Key West Compass Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,536

Year Built

2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 1
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Document Count: 1
  • Fee Includes: None
  • Key Island: Geiger Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 9.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2536.49
  • Title: Negotiable
  • Vehicle Storage: Carport, Covered Parking, Guest Parking, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2023
  • Alternate Key Number: 1186376
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6061.00
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1128.00
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Vinyl
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Modular
  • Roof: Metal Roof
  • Waterview: Canal View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00145020-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Aug 15, 2025
Sold by
Gumper Thomas and Gumper Kelley
Bought by
Zalman Patrick William and Zalman Bethany Hope
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Robin Nilsson
Keller Williams Key West Compass Realty
List Price
$899,000
Sold Price
$790,000
Premium/Discount to List
-$109,000
-12.12%
Views
884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$671,500
Outstanding Balance
$670,913
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$128,603

Purchase Details

Closed on
Jul 30, 2023
Sold by
Camp Ronald
Bought by
Gumper Thomas and Gumper Kelley

Purchase Details

Listed on
May 18, 2021
Closed on
Jul 7, 2021
Sold by
Veloso Inna B
Bought by
Camp Ronald and Gumper Kelley
Seller's Agent
Aime Buell
EXP Realty LLC
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$290,000
Sold Price
$260,000
Premium/Discount to List
-$30,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.17%
Original Mortgage
$208,000
Interest Rate
2.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 5, 2019
Sold by
Veloso Domingo J
Bought by
Veloso Inna B

Purchase Details

Closed on
Mar 18, 2016
Sold by
Veloso Domingo J
Bought by
Veloso Domingo J and The Domingo J Veloso Declaration Of Trus

Purchase Details

Closed on
Nov 21, 1997
Sold by
Veloso Domingo J and Veloso E
Bought by
Veloso Catalina E

Purchase Details

Closed on
Dec 1, 1988
Bought by
Veloso Domingo J Declaration Of Trust 11/12/1

Purchase Details

Closed on
Feb 1, 1975
Bought by
Veloso Domingo J Declaration Of Trust 11/12/1
Source: Public Records

Range of Values:

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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 $790,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $260,000 Elite Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Warranty Deed $53,000 --
Deed $8,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $671,500 New Conventional
Previous Owner $208,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2025 08/15/25 Sold $790,000 -1.1% $700 / Sq Ft
06/29/2025 06/29/25 Pending -- -- --
05/13/2025 05/13/25 Price Changed $799,000 -3.0% $708 / Sq Ft
04/15/2025 04/15/25 Price Changed $824,000 -2.9% $730 / Sq Ft
03/07/2025 03/07/25 Price Changed $849,000 -3.4% $753 / Sq Ft
03/02/2025 03/02/25 Price Changed $879,000 -2.2% $779 / Sq Ft
02/21/2025 02/21/25 Price Changed $899,000 +5.9% $797 / Sq Ft
02/21/2025 02/21/25 Price Changed $849,000 -5.6% $753 / Sq Ft
01/30/2025 01/30/25 For Sale $899,000 +245.8% $797 / Sq Ft
07/07/2021 07/07/21 Sold $260,000 -10.3% -- View Prior Sale
05/23/2021 05/23/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $290,000 -- --
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
2024 $2,536 $577,259 -- --
2023 $2,536 $213,620 $193,043 $20,577
2022 $2,534 $213,991 $193,043 $20,948
2021 $2,553 $204,856 $193,043 $11,813
2020 $2,567 $204,856 $193,043 $11,813
2019 $2,316 $204,856 $193,043 $11,813
2018 $2,283 $169,495 $126,857 $42,638
2017 $2,249 $168,115 $0 $0
2016 $2,201 $169,091 $0 $0
2015 $2,228 $181,939 $0 $0
2014 $2,121 $157,965 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Ferringo

    Seller's Agent in 2025

    Lisa Ferringo

    Coldwell Banker Schmitt Lower Keys (KW)

    (305) 797-1221

    36 in this area

    603 Total Sales

    Lisa Ferringo
    Section Image
  • Robin Nilsson

    Buyer's Agent in 2025

    Robin Nilsson

    Keller Williams Key West Compass Realty

    (941) 473-7399

    2 in this area

    31 Total Sales

    Robin Nilsson
    Section Image
  • Aime Buell

    Seller's Agent in 2021

    Aime Buell

    EXP Realty LLC

    (305) 923-6150

    2 in this area

    5 Total Sales

    Aime Buell
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 613405

Key West Association of REALTORS®

APN: 00145020-000000

Florida Monroe County Key West 33040

340 Boundary Ln, Key West, FL

This home is located at 340 Boundary Ln, Key West, FL 33040 and is currently priced at $790,000, approximately $700 per square foot. This property was built in 2023. 340 Boundary Ln is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High School.

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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