718 Bakers Ln Key West, FL 33040
Old Town NeighborhoodEstimated payment $10,908/month
About This Home
718 Bakers Lane is the quintessential conch house in Old Town Key West... where gorgeous historic charm like dade county pine meets renovated modern conveniences. The home has a storied history dating back to the 1920s when locals would visit for fresh baked goods... affectionately known as the 'Johnny Cake House'. Bakers Lane is at the highest point on the island, and while close to everything, is a quiet oasis where you can enjoy all that Key West has to offer. Two generously sized main floor bedrooms, share a jack and jill bathroom, while a gigantic second floor bedroom transports you with its vaulted wood ceilings, roof top terrace, walk-in closet and en-suite bath. The home is cooled by new, efficient, split units and offers a whole house generator in the unforeseen event of a power outage. The home is being offered completely turn-key and the brand new, mid-century inspired furnishings only add to the warmth of this impeccable home. Outside you will enjoy a large deck, fruit trees and a storage shed fastened to a concrete pad. 718 Bakers Lane is ready for you! Make sure to check out the video!
Listing Agent
Keller Williams Key West Compass Realty License #SL3414468 Listed on: 09/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,610
Year Built
- 1933
Interior Spaces
- Vaulted Ceiling
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,610 | $1,120,389 | $698,141 | $422,248 |
| 2023 | $12,610 | $1,396,448 | $1,006,935 | $389,513 |
| 2022 | $9,209 | $1,007,562 | $613,751 | $393,811 |
| 2021 | $7,594 | $859,024 | $402,135 | $456,889 |
| 2020 | $7,698 | $833,052 | $365,693 | $467,359 |
| 2019 | $7,360 | $823,062 | $345,235 | $477,827 |
| 2018 | $6,683 | $696,220 | $317,104 | $379,116 |
| 2017 | $6,876 | $704,845 | $0 | $0 |
| 2016 | $7,401 | $778,861 | $0 | $0 |
| 2015 | $7,038 | $734,650 | $0 | $0 |
| 2014 | $6,955 | $729,191 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | For Sale | $1,850,000 | +10.4% | $1,079 / Sq Ft |
| 11/20/2024 11/20/24 | Sold | $1,675,000 | -4.3% | $977 / Sq Ft |
| 07/24/2024 07/24/24 | Price Changed | $1,750,000 | -5.4% | $1,021 / Sq Ft |
| 06/03/2024 06/03/24 | Price Changed | $1,850,000 | -7.3% | $1,079 / Sq Ft |
| 05/13/2024 05/13/24 | Price Changed | $1,995,000 | -5.0% | $1,164 / Sq Ft |
| 04/29/2024 04/29/24 | For Sale | $2,099,000 | +35.4% | $1,225 / Sq Ft |
| 07/25/2022 07/25/22 | Sold | $1,550,000 | -2.8% | $904 / Sq Ft |
| 06/07/2022 06/07/22 | For Sale | $1,595,000 | -- | $931 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $1,675,000 | None Listed On Document | |
| Warranty Deed | $1,550,000 | Spottswood Spottswood Spottswo | |
| Warranty Deed | -- | Accommodation | |
| Quit Claim Deed | -- | Gainesville Title | |
| Warranty Deed | $430,000 | Chicago Title Of Fl Keys Inc | |
| Quit Claim Deed | -- | Chicago Title Of The Fl Keys | |
| Quit Claim Deed | -- | Attorney | |
| Deed | $9,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | New Conventional | |
| Previous Owner | $400,000 | New Conventional | |
| Previous Owner | $225,000 | Adjustable Rate Mortgage/ARM |
Source: Key West Association of REALTORS®
MLS Number: 616442
APN: 00011650-000000
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