$2,999,999

405 Petronia St Key West, FL 33040

Old Town Neighborhood

Estimated payment $17,088/month

Total Views 131,728
2 Beds
4 Baths
1,596 Sq Ft
$1,880 Price per Sq Ft

About This Home

Heart of Old Town Key West. Very rare FULLY RENTED income producing mixed-use property. 2/2 residential, office plus a detached restaurant. Seller financing is available to immediately start your investment opportunity! Call now for your private showing.

Listing Agent

Bobby Coe IV

Coastal Collection Real Estate Inc. License #3428120 Listed on: 10/04/2025

Co-Listing Agent

Curtis A. Skomp, CCIM

RE/MAX All Keys Real Estate License #3350136

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,423

Year Built

  • Built in 1912 | Remodeled

Lot Details

  • 2,094 Sq Ft Lot
  • Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Home Design

  • 1,596 Sq Ft Home

Kitchen

  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Full Bathrooms

Community Details

  • Old Town Unlisted Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,423

Year Built

Built in 1912 | Remodeled

Lot Details

2,094 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1912
  • Building Style Above Flood: Unknown
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Multi-Units
  • LotSizeAcres: 0.05
  • Co List Office Mls Id: 263510498
  • Co List Office Phone: 305-296-1400
  • Co List Office Mls Id: 263510498
  • Co List Office Phone: 305-296-1400
  • Subdivision Name: Old Town - Unlisted (1.0)
  • Dockage: None
  • Waterview: No Waterview
  • Special Features: None

Interior Features

  • Appliances: Oven
  • Full Bathrooms: 4
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: No
  • Construction Type: Combo Construction
  • General Property Description: Waterfront: No
  • Waterfront: None

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Lot Size Sq Ft: 2094.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6422.55

Multi Family

  • Number Of Units Total: 3

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax 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.

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 $7,188 $825,562 $587,995 $237,567
2024 $6,372 $721,775 $538,996 $182,779
2023 $6,372 $722,862 $538,996 $183,866
2022 $5,943 $722,890 $538,996 $183,894
2021 $5,497 $582,817 $391,997 $190,820
2020 $4,999 $524,045 $333,197 $190,848
2019 $5,530 $618,232 $416,497 $201,735
2018 $5,213 $578,869 $393,881 $184,988
2017 $4,628 $459,843 $0 $0
2016 $5,143 $487,412 $0 $0
2015 $5,280 $487,314 $0 $0
2014 $5,473 $486,309 $0 $0
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
10/04/2025 10/04/25 For Sale $2,999,999 -- $1,880 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 Type Sale Price Title Company
Warranty Deed $580,000 None Available
Warranty Deed $219,000 --
Warranty Deed $219,000 --
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 Loan Amount Loan Type
Previous Owner $675,000 Future Advance Clause Open End Mortgage
Previous Owner $325,000 Commercial
Previous Owner $125,000 Commercial
Previous Owner $269,793 Commercial
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 616727

Florida Keys Board of REALTORS®

APN: 00016240-000000

Florida Monroe County Key West 33040 Old Town

405 Petronia St, 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.

Florida Keys Board 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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Listing Agent
Bobby Coe IV
Coastal Collection Real Estate Inc.
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