$690,000

48 Merganser Ln Key West, FL 33040

Estimated payment $4,028/month

2 Beds
2 Baths
780 Sq Ft
$885 Price per Sq Ft

About This Home

Welcome to Sweet Tee! Escape to this charming 2-story townhome in the peaceful Key West Golf Club community. Featuring 2 bedrooms and 1.5 baths, this cozy retreat offers a relaxed island vibe just minutes from all that Key West has to offer--Old Town, beaches, and great local dining. The home has done well as a vacation rental and long term rental, thanks to its quiet setting and access to fantastic amenities, including two pools, a fitness center, and beautifully maintained green spaces. Whether you're seeking a tranquil getaway, a place to call home or investment property, this townhome is the perfect spot to enjoy island living.

Listing Agent

Jose Wenzel, PA

Preferred Properties (KW) License #3242233 Listed on: 01/08/2026

Co-Listing Agent

Philip Lavoie

Preferred Properties (KW) License #SL3383226

Map

Townhouse Details

Home Type

Townhome

Year Built

1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 510.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt
  • Key Island: Key West
  • K W Neighborhood: Key West Golf Club
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • Min Rental Days: 29.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Fire Hydrant, Manager on Premises, Clubhouse
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 4608.35
  • Vehicle Storage: Open Parking, Guest Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1995
  • Alternate Key Number: 8876483
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 1363.00
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 1
  • License Info Number Of County License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 780.00
  • Pool Info Other: 2 Community Pools
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Laminate
  • Half Bathrooms: 1
  • Specialty Rooms: Gym
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Manned Gate, Patrolled Area
  • Utilities: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00072081-000124
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2025

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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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 $5,024 $491,666 $293,386 $198,280
2024 $4,636 $551,974 $360,650 $191,324
2023 $4,636 $539,681 $360,650 $179,031
2022 $4,025 $433,539 $252,598 $180,941
2021 $3,232 $320,239 $167,802 $152,437
2020 $3,267 $325,768 $171,738 $154,030
2019 $3,043 $297,801 $155,709 $142,092
2018 $2,850 $270,717 $137,636 $133,081
2017 $3,121 $295,551 $0 $0
2016 $2,975 $274,715 $0 $0
2015 $2,122 $221,644 $0 $0
2014 $2,202 $222,194 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2026 01/08/26 For Sale $690,000 +0.3% $885 / Sq Ft
07/19/2023 07/19/23 Sold $688,000 -1.6% $882 / Sq Ft View Prior Sale
04/24/2023 04/24/23 Price Changed $699,000 -2.9% $896 / Sq Ft
03/29/2023 03/29/23 Price Changed $720,000 -4.0% $923 / Sq Ft
02/17/2023 02/17/23 For Sale $750,000 +79.6% $962 / Sq Ft
09/04/2019 09/04/19 Sold $417,500 -1.8% $535 / Sq Ft View Prior Sale
09/03/2019 09/03/19 Pending -- -- --
07/21/2019 07/21/19 For Sale $425,000 +11.8% $545 / Sq Ft
02/15/2019 02/15/19 Sold $380,000 -4.8% $487 / Sq Ft View Prior Sale
12/21/2018 12/21/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $399,000 +26.7% $512 / Sq Ft
06/26/2015 06/26/15 Sold $315,000 -4.3% $404 / Sq Ft View Prior Sale
05/24/2015 05/24/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $329,000 +20.7% $422 / Sq Ft
11/12/2012 11/12/12 Sold $272,500 -2.7% $349 / Sq Ft View Prior Sale
10/24/2012 10/24/12 Pending -- -- --
08/19/2012 08/19/12 For Sale $280,000 -- $359 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $688,000 None Listed On Document
Quit Claim Deed -- Highsmith & Van Loon Pa
Warranty Deed $460,000 Accommodation
Warranty Deed $417,500 Attorney
Warranty Deed $380,000 None Listed On Document
Warranty Deed $315,000 Attorney
Warranty Deed $272,500 First American Title Ins Co
Warranty Deed $249,000 Chicago Title Of The Fl Keys
Warranty Deed $116,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $619,200 New Conventional
Previous Owner $331,000 New Conventional
Previous Owner $360,000 New Conventional
Previous Owner $431,277 VA
Previous Owner $252,000 New Conventional
Previous Owner $175,000 New Conventional
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 617995

Key West Association of REALTORS®

APN: 00072081-000124