Matthew Carlson
Realty ONE Group Destination
(833) 900-3522
57 Total Sales
12 in Old Town
$710K - $3.6M Price Range
708 Bakers Ln Key West, FL 33040
Old Town NeighborhoodEstimated Value: $1,389,441
1
Bed
1
Bath
684
Sq Ft
$2,031/Sq Ft
Est. Value
Highlights
- No HOA
- Jalousie or louvered window
- 1-Story Property
About This Home
As of April 2026Positioned on a rare 5000 Sq Ft. lot at one of the highest natural elevations on the Island, this property represents an exceptional opportunity in the heart of Old Town Key West - where location is everything.Set beneath a canopy of established trees, the site offers shade, privacy and a sense of timeless Old Town Character that is increasingly hard to find.Currently improved with a livable one-bedroom, one bath residence, the true value lies in the land itself. The existing structure provides flexibility - whether as a holding asset, future redevelopment or new build - allowing the next owner to capitalize on one of the most desirable settings in Key West.A full 10 out of 10 walkability Score, steps from world class dining, renowned live music cafes, galleries and the vibrant cultural fabric that defines the Island Lifestyle. A leisurely four minute walk to Duval St. underscores the property's unmatched proximity while maintaining a quieter, more refined residential feel.Opportunities of this caliber, high elevation, generous size lot, premier walkability and a blue chip location - are exceedingly rare. 708 Bakers Lane is a property for the discerning buyer who recognises that in Key West, land in the right spot is the ultimate luxury investment.
Last Agent to Sell the Property
Suzanne Moore Real Estate License #3185298 Listed on: 01/08/2026
Last Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,830
Year Built
- Built in 1972
Lot Details
- 4,975 Sq Ft Lot
- Property is zoned HDR - High Density Residential
Parking
- Off-Street Parking
Home Design
- Fixer Upper
Interior Spaces
- 684 Sq Ft Home
- 1-Story Property
- Jalousie or louvered window
Kitchen
- Oven
- Range
- Microwave
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Additional Features
- Ground Level
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Old Town Unrecord Subdivision
- Rental Restrictions
Listing and Financial Details
- Minimum Rental Period: 28
- Assessor Parcel Number 00011910-000000
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2026
Closed on
Apr 1, 2026
Sold by
Enricos Tire Bodegas Llc
Bought by
Seller's Agent
Suzanne Moore
Suzanne Moore Real Estate
Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,559
Avg. Annual Appreciation
-1.67%
Original Mortgage
$980,000
Outstanding Balance
$976,053
Interest Rate
5.98%
Mortgage Type
New Conventional
Estimated Equity
$413,388
Purchase Details
Listed on
Aug 1, 2022
Closed on
Aug 1, 2022
Sold by
Groomes Carrie E
Bought by
Enricos Tire Bodegas Llc
Seller's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
List Price
$1,195,000
Sold Price
$1,195,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Purchase Details
Listed on
Aug 1, 2022
Closed on
Jul 1, 2022
Sold by
Caroline Florida Sumner Cash Declaration
Bought by
Groomes Carrie E
Seller's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
List Price
$1,195,000
Sold Price
$1,195,000
Purchase Details
Closed on
May 25, 2021
Sold by
Groomes Carrie E
Bought by
Groomes Carrie E and Sumner Cash Caroline Floridia
Purchase Details
Closed on
Mar 5, 2014
Sold by
Cash Carolyn Summer
Bought by
Cash Carolyn Floridia Summer
Purchase Details
Closed on
Jun 23, 2003
Sold by
Strawberry Flats Llc
Bought by
Lambrose John C and Fitzsimmons Laura
Purchase Details
Closed on
Feb 1, 1988
Bought by
Cash Caroline Floridia Sumner
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Old Town, FL
-
Matthew Carlson
-
Ismaris Texidor
Ismaris Texidor
Real Estate Sales Force
(786) 891-8625
43 Total Sales
2 in Old Town
$615,000 Price Range
-
Karol Marsden
Karol Marsden
Langley Knight Gardner Islamorada
(786) 751-4270
31 Total Sales
2 in Old Town
$1,550,000 Price Range
-
Dawn Thornburgh
Dawn Thornburgh
Beach Club Brokers (KW)
(786) 751-6723
20 Total Sales
5 in Old Town
$1.7M - $3.4M Price Range
-
Dan Serban
Dan Serban
Responds QuicklyKey West Luxury Real Estate Inc (KW)
(786) 589-8683
63 Total Sales
11 in Old Town
$4K - $3.4M Price Range
-
Jennifer Newman
Jennifer Newman
Truman & Co. (KW)
(786) 751-3305
67 Total Sales
33 in Old Town
$620K - $6.5M Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,400,000 | None Listed On Document | ||
| Enricos Tire Bodegas Llc | $195,000 | First International Title | |
| Groomes Carrie E | -- | Highsmith & Van Loon Pa | |
| Groomes Carrie E | -- | Accommodation | |
| Cash Carolyn Floridia Summer | -- | None Available | |
| Lambrose John C | -- | -- | |
| Cash Caroline Floridia Sumner | $75,000 | -- |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $980,000 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/02/2026 04/02/26 | Sold | $1,400,000 | -6.4% | $2,047 / Sq Ft | |
| 03/31/2026 03/31/26 | Pending | -- | -- | -- | |
| 01/08/2026 01/08/26 | For Sale | $1,495,000 | +25.1% | $2,186 / Sq Ft | |
| 08/01/2022 08/01/22 | Sold | $1,195,000 | 0.0% | $1,747 / Sq Ft | View Prior Sale |
| 08/01/2022 08/01/22 | Pending | -- | -- | -- | |
| 08/01/2022 08/01/22 | For Sale | $1,195,000 | -- | $1,747 / Sq Ft |
Source: Key West Association of REALTORS®
Tax 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.
| 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 | $9,546 | $1,126,514 | $1,011,442 | $115,072 |
| 2024 | $13,277 | $1,101,100 | $991,468 | $109,632 |
| 2023 | $13,277 | $1,531,947 | $1,430,002 | $101,945 |
| 2022 | $8,494 | $975,038 | $871,620 | $103,418 |
| 2021 | $6,444 | $687,026 | $599,239 | $87,787 |
| 2020 | $6,349 | $678,632 | $588,344 | $90,288 |
| 2019 | $6,411 | $679,882 | $588,344 | $91,538 |
| 2018 | $6,410 | $665,870 | $585,620 | $80,250 |
| 2017 | $6,486 | $667,119 | $0 | $0 |
| 2016 | $6,234 | $599,688 | $0 | $0 |
| 2015 | $6,781 | $668,826 | $0 | $0 |
| 2014 | $6,282 | $564,148 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Suzanne Moore
Seller's Agent in 2026
Suzanne Moore
Suzanne Moore Real Estate
(305) 797-0699
42 in this area
123 Total Sales
-
EC
Buyer's Agent in 2026
Elaine Coyle
Tropical Properties Real Estat (KW)
Map
Source: Key West Association of REALTORS®
MLS Number: 618002
APN: 00011910-000000
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.
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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