$1,425,000
SOLD JUL 10, 2025

602 Southard St Key West, FL 33040

Old Town Neighborhood
3 Beds
3 Baths
2,671 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$534 Per Sq Ft

21% Below List Price

58 Days on Market

About This Home

As of July 2025

TRIPLEX in Old Town Key West on large corner lot. Close to famous Duval Street. This historic Circa 1901 property offers almost 2700 sf ft of living space. Currently configured as three apartments but would make a grand conversion to a single-family home. Main floor offers two apartments, and the upper level has a spacious apartment with access to finished 3rd story attic space. Ideal location in the heart of Old Town near dining, shopping, and the Seaport. Unit 1: 1/1 could easily be used as a 2/1 1st floor apartment. Unit 2: 1/1 1st floor apartmentUnit 3: 2nd and 3rd floor 1/1 plus finished attic space which could be used as additional bedroom/ office space. (4 electric meters & 1 water meter) Off Street Parking! Basement Storage. Endless potential and prime location.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 04/07/2025

Last Buyer's Agent

Richard Lively

Coldwell Banker Schmitt Real Estate Co. (KW) License #3025597

Coldwell Banker Schmitt Real Estate Co. (KW)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,626

Year Built

1901

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 13566.68
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1901
  • Alternate Key Number: 8869401
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Lot Sq Ft: 5559.00
  • Porch Balcony: Open Porch/Balcony, Screened P/B
  • Association Info Condo Docs: No
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 3
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2671.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Amenities: Entrance Foyer, Built-in Cabinets
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Oven, Range, Refrigerator, Dryer
  • Floor: Tile, Combo, Wood
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00012150-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2025
Closed on
Jul 10, 2025
Sold by
Linda K Carter Living Trust and Blacow Kenneth Michael
Bought by
Pelchat Patricia
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Richard Lively
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$1,800,000
Sold Price
$1,425,000
Premium/Discount to List
-$375,000
-20.83%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
809.55%

Purchase Details

Closed on
Nov 22, 2013
Sold by
Carter Linda K
Bought by
Bruce Benjamin C and Benjamin C Bruce Living Trust

Purchase Details

Closed on
Jun 29, 1998
Sold by
Bruce Benjamin C and Bruce Linda K
Bought by
Carter Linda K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,425,000 None Listed On Document
Quit Claim Deed -- Attorney
Quit Claim Deed $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Sold $1,425,000 -10.9% $534 / Sq Ft
06/04/2025 06/04/25 Pending -- -- --
04/22/2025 04/22/25 Price Changed $1,600,000 -11.1% $599 / Sq Ft
04/07/2025 04/07/25 For Sale $1,800,000 -- $674 / Sq Ft
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 $12,626 $1,739,014 $1,241,769 $497,245
2023 $12,626 $1,592,253 $1,141,332 $450,921
2022 $11,057 $1,315,290 $864,369 $450,921
2021 $10,204 $1,049,822 $655,378 $394,444
2020 $9,512 $1,000,468 $600,594 $399,874
2019 $9,066 $983,663 $578,358 $405,305
2018 $9,097 $1,077,631 $661,465 $416,166
2017 $8,503 $982,776 $0 $0
2016 $8,360 $937,738 $0 $0
2015 $7,521 $741,896 $0 $0
2014 $6,778 $565,496 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bascom Grooms

    Seller's Agent in 2025

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    66 in this area

    318 Total Sales

    Bascom Grooms
    Section Image
  • Richard Lively

    Buyer's Agent in 2025

    Richard Lively

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 797-7233

    9 in this area

    73 Total Sales

    Richard Lively
    Section Image
See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 614521

Key West Association of REALTORS®

APN: 00012150-000100

Florida Monroe County Key West 33040 Old Town

602 Southard St, Key West, FL

This home is located at 602 Southard St, Key West, FL 33040 and is currently priced at $1,425,000, approximately $533 per square foot. This property was built in 1901. 602 Southard St is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori 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.

Nearby Homes