$1,345,000

Estimated payment $7,772/month

4 Beds
2 Baths
1,660 Sq Ft
$810 Price per Sq Ft

About This Home

Prime Old Town Mixed-Use Property - Live, Work, or Invest! Ideally situated in Old Town Key West, this Historic Residential Office (HRO) zoned property offers a rare opportunity for both residential and commercial use. Previously, home to a successful spa, it's perfectly suited for continuing as a business or transforming into a private residence. Filled with character, the space features stunning Dade County Pine walls, adding warmth and historic charm. The layout includes a one-bedroom apartment with a private rear entrance, making it ideal for someone who wants to run a business in the front while living on-site or creating an additional rental opportunity. One interesting piece of history was that this building was previously owned by a well known attorney here in Key West by the name of ''Helio Gomez''. He served as Judge from 1963 to 1977 and he was the attorney for the infamous John ''Bum'' Farto. Located just one block from Duval Street, two blocks from the Hemingway House, and steps from the courthouse, this property offers prime visibility and accessibility. Whether you're an entrepreneur looking for a turnkey business location, an investor seeking a valuable addition to your portfolio, or a homeowner ready to bring your vision to life, this space is full of possibilities. Don't miss this chance to own a piece of Key West history in an unbeatable location. Note: This property is currently configured as a commercial space with 1 bedroom but has the potential to expand to up to a total of four bedrooms, pending submission and approval of all applicable permits with the City. Any future development or expansion must comply with all relevant sections of the Land Development Regulations, including meeting the definition of a single-family home and avoiding any conflicts with the definitions or restrictions related to lockout units.

Listing Agent

Kate Green

Old Town Realty License #3578220 Listed on: 11/05/2025

Co-Listing Agent

Angela Williamson-Kunkel

Old Town Realty License #3470553

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,788

Year Built

1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • 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: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 8403.70
  • Year Built: 1938
  • Alternate Key Number: 8917091
  • Cooling Heating: Central Air, Wall/Window Unit(s)
  • Lot Sq Ft: 2234.00
  • Porch Balcony: Deck
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1660.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood
  • Total Bedrooms: 4

Exterior Features

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

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer
  • Heating: Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2024

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,788 $990,152 $706,534 $283,618
2023 $8,788 $981,087 $706,534 $274,553
2022 $7,944 $995,121 $706,534 $288,587
2021 $6,820 $773,043 $513,843 $259,200
2020 $6,208 $706,515 $436,767 $269,748
2019 $5,916 $706,734 $436,767 $269,967
2018 $5,533 $652,871 $412,862 $240,009
2017 $4,879 $520,472 $0 $0
2016 $5,146 $519,101 $0 $0
2015 $4,728 $505,251 $0 $0
2014 $4,815 $503,051 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 For Sale $1,345,000 -- $810 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,215,000 Spottswood Spottswood Spottswo
Interfamily Deed Transfer $124,300 --
Warranty Deed $190,000 --
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 617204

Key West Association of REALTORS®

APN: 00012550-000600