$1,350,000
$50K PRICE DROP

705 Chapman Ln Key West, FL 33040

Old Town Neighborhood

Estimated payment $7,811/month

Total Views 3,035
3 Beds
1 Bath
1,231 Sq Ft
$1,097 Price per Sq Ft

About This Home

Charming Old Town gem with endless possibilitiesDiscover a rare opportunity in the heart of Old Town Key West! This property sits on an exceptionally large lot -- a true find in this historic neighborhood. With plenty of room to expand, you can create your own island oasis by adding a pool, enlarging the existing home, or even building a separate guest cottage.Just a short stroll to lively Duval Street, you'll be steps away from world-class dining, art galleries, and live music -- all while enjoying the peace and character of a classic Key West street. This home has never before been on the market, making it a truly special offering with incredible potential to customize your dream retreat in paradise.

Listing Agent

Joanne Tarantino

Berkshire Hathaway HomeServices Knight & Gardner Realty License #582250 Listed on: 10/18/2025

Berkshire Hathaway HomeServices Knight & Gardner Realty

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,344

Year Built

1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Bahama Village
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 8606.01
  • Title: Negotiable
  • Vehicle Storage: Guest Parking, Off Street Parking
  • Year Built: 1933
  • Alternate Key Number: 1013889
  • Building Style: Conch
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 5292.00
  • Porch Balcony: Open Porch/Balcony
  • Association Info Condo Docs: No
  • Shutters: Bahama
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 1231.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dade County Pine
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Refrigerator
  • Floor: Vinyl, Carpet
  • Windows/Doors: Wood Windows
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Security: No Security
  • Utilities: FKAA, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00013500-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 1.00

Range of Values:

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Average Value
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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

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 $8,344 $1,232,550 $1,068,772 $163,778
2023 $8,344 $1,251,390 $1,097,561 $153,829
2022 $6,585 $808,692 $665,734 $142,958
2021 $6,131 $665,022 $539,784 $125,238
2020 $5,743 $648,762 $521,791 $126,971
2019 $5,563 $669,080 $555,978 $113,102
2018 $5,394 $670,814 $555,978 $114,836
2017 $5,217 $670,846 $0 $0
2016 $4,774 $539,010 $0 $0
2015 $4,101 $380,064 $0 $0
2014 $3,883 $330,004 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2025 11/01/25 Price Changed $1,350,000 -3.6% $1,097 / Sq Ft
10/18/2025 10/18/25 For Sale $1,400,000 -- $1,137 / Sq Ft
Source: Key West Association of REALTORS®

Source: Key West Association of REALTORS®

MLS Number: 616947

Key West Association of REALTORS®

APN: 00013500-000000

Florida Monroe County Key West 33040 Old Town

705 Chapman Ln, Key West, FL

For Sale

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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
Listing Agent
Joanne Tarantino
Section Image
Berkshire Hathaway HomeServices Knight & Gardner Realty
(645) 238-7530