$660,000
$30K PRICE DROP

48 Merganser Ln Key West, FL 33040

Estimated payment $4,501/month

Total Views 7,376
2 Beds
2 Baths
780 Sq Ft
$846 Price per Sq Ft

About This Home

An easier way to own in Key West. This 2-bedroom, 1.5-bath townhome in the Key West Golf Club gated community offers the simplicity, flexibility, and lifestyle many island buyers are looking for. Whether you want a lock-and-leave second home, a seasonal retreat, a rental-supported investment, or a manageable year-round residence, 48 Merganser Lane gives you a practical path to Key West ownership. The efficient two-story layout separates living and sleeping spaces, while the private outdoor area extends the home's usable living space and creates an easy indoor-outdoor flow. Impact windows add peace of mind, storm protection, and everyday convenience for owners who want a more secure, low-maintenance island home base. Instead of taking on the upkeep demands of a traditional single-family home, you can enjoy a low-maintenance setting with access to resort-style community amenities, including two pools, a fitness center, lush tropical grounds, walking paths, and maintained common areas. The location adds to the appeal. From the Key West Golf Club, you are within easy reach of Old Town, marinas, dining, shopping, entertainment, and the airport, making it convenient for both owners and guests. The community setting offers a quieter residential feel while still keeping the full Key West lifestyle close by. With its manageable size, established community, outdoor living space, rental flexibility, impact windows, and strong lifestyle appeal, 48 Merganser Lane is not just a place to stay in Key West. It is a smart, easy-to-enjoy island home base designed for the way many buyers want to own today.

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

1,307 Sq Ft Lot

HOA Fees

$510 per month

Listing Details

  • Property Type: Residential
  • Vehicle Storage Cars: 2
  • Year Built: 1995
  • Building Style Above Flood: Yes
  • Property Sub Type: Townhouse
  • Co List Office Mls Id: kwa.10104
  • Co List Office Phone: 305-294-3040
  • Co List Office Mls Id: kwa.10104
  • Co List Office Phone: 305-294-3040
  • Subdivision Name: Key West Golf Club Dev (4.0)
  • Special Features: None

Interior Features

  • Interior Amenities: Gym
  • Appliances: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: No
  • Construction Type: Frame, Hardi Board Siding
  • Waterfront: None
  • Roof: Metal Roof

Utilities

  • Utilities: Water Separate Meter, Elect Separate Meter, Cable Available
  • Cooling: Central Air, Ceiling Fans(s)
  • Utilities: FKAA, Community Swr Plant, Water Separate Meter, Elect Separate Meter, Cable Available

Lot Info

  • Parcel Number: 00072081-000124
  • Lot Size Sq Ft: 1363.0

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4608.35

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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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
03/18/2026 03/18/26 Price Changed $660,000 -3.6% $846 / Sq Ft
02/04/2026 02/04/26 Price Changed $685,000 -0.7% $878 / Sq Ft
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

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 $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

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
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

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