$825,280 - $1,723,000
RENTED AUG 11, 2025

7 Thompson Ln Key West, FL 33040

Old Town Neighborhood
2 Beds
1 Bath
768 Sq Ft
$1,564 Price per Sq Ft

About This Home

As of August 2025

Long Term- Flexible lease terms. Fully furnished, rent includes wifi and yard maintenance! Available now. Conch house just off Duval Street, near the Southernmost Point and Lighthouse. Fully furnished home with off street parking. One bedroom on main level plus a large loft space for additional bedroom space or home office. Private fenced yard with spacious deck. Updated kitchen and table space dining area. Central AC. Stack unit W/D. NEW BATH! Owners are lic. RE agents.

Last Agent to Rent the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 04/25/2025

Last Renter's Agent

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 04/25/2025

Property Details

Property Type

Other

Est. Annual Taxes

$5,754

Year Built

1933

Lot Details

0

Rental Info

  • Furnishings: Furnished, Turnkey Finished
  • Rent Includes: Electric, Sewer, Trash, Other, Lawn Care, Water
  • Last Month's Rent: 4500.00
  • Lease Type: 6 + Months
  • Monthly Rent: 3850.00
  • Security Deposit: 4500.00

Listing Details

  • Property Type: Rental
  • Property Type 2: Single Family
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 20010809200717574625000000
  • State Province: FL
  • Vehicle Storage: Off Street Parking
  • Year Built: 1933
  • Building Style: Conch
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Porch Balcony: Deck, Open Porch/Balcony
  • License Info Number Of City License: 1
  • License Info Number Of County License: 1
  • Building Style Above Flood: Unknown
  • Lease Purchase Option: No
  • Lease Restrictions: Background Check, Credit Check
  • Lease Restrictions Pets W Restrictions: case by case
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 768.00
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Refrigerator, Dishwasher, Dryer, Washer, Microwave, Oven
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • View: None
  • Pool: No

Utilities

  • Utilities: FKAA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2002
Sold by
Albert Leon Jr M
Bought by
Grooms Bascom L
Current Estimated Value
$1,201,320

Purchase Details

Closed on
Jun 16, 1994
Sold by
Deroth Richard Roth
Bought by
Grooms Bascom Lovic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.52%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grooms Bascom L -- --
Leon Albert -- --
Grooms Bascom Lovic $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grooms Bascom Lovic $623,000
Closed Grooms Bascom L $623,000
Previous Owner Grooms Bascom Lovic $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Rented $3,750 -2.6% --
07/06/2025 07/06/25 Under Contract -- -- --
06/19/2025 06/19/25 Price Changed $3,850 -3.6% $5 / Sq Ft
05/30/2025 05/30/25 Price Changed $3,995 -4.9% $5 / Sq Ft
05/25/2025 05/25/25 Price Changed $4,200 -1.2% $5 / Sq Ft
05/20/2025 05/20/25 Price Changed $4,250 -2.3% $6 / Sq Ft
05/13/2025 05/13/25 Price Changed $4,350 -3.3% $6 / Sq Ft
04/29/2025 04/29/25 Price Changed $4,500 -5.3% $6 / Sq Ft
04/25/2025 04/25/25 For Rent $4,750 +13.1% --
08/10/2024 08/10/24 Rented $4,200 0.0% --
07/14/2024 07/14/24 Under Contract -- -- --
06/19/2024 06/19/24 For Rent $4,200 -- --
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 $5,754 $792,899 $642,779 $150,120
2023 $5,754 $802,186 $660,093 $142,093
2022 $4,667 $544,100 $400,384 $143,716
2021 $4,362 $451,127 $324,636 $126,491
2020 $3,980 $430,162 $313,815 $116,347
2019 $3,890 $453,511 $334,375 $119,136
2018 $3,695 $431,197 $334,375 $96,822
2017 $3,580 $432,592 $0 $0
2016 $3,309 $352,408 $0 $0
2015 $2,897 $255,861 $0 $0
2014 $2,998 $221,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bascom Grooms

    Landlord'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
  • Jessica Celli

    Buyer's Agent in 2024

    Jessica Celli

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 767-3667

    4 in this area

    32 Total Sales

    Jessica Celli
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 614790

Key West Association of REALTORS®

APN: 00029030-000100

Florida Monroe County Key West 33040 Old Town

7 Thompson Ln, Key West, FL

This home is located at 7 Thompson Ln, Key West, FL 33040 since 25 April 2025 and is currently priced at $1,201,320. This property was built in 1933. 7 Thompson Ln 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.

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