813 2nd St Key West, FL 33040
Estimated payment $5,690/month
About This Home
Mermaid Landing: Investment Opportunity & Coastal RetreatDiscover a one-of-a-kind property in the Florida Keys that offers unparalleled flexibility -- Mermaid Landing. This 3-bedroom, 2-bathroom home is perfect for savvy investors or those seeking a personal paradise, featuring rare access to a beach on the Gulf of Mexico. Located just 15 minutes from Key West, the property currently generates income with a long-term tenant while offering the ultimate coastal lifestyle.The 33,000 sqft lot is a treasure trove of potential. A partially fenced yard with a double gate provides ample parking for vehicles, boats, and RVs. This property is as versatile as it is attractive. The true gem? Direct access to a beach that lets you step straight from your artificial turf yard onto the Gulf shoreline, delivering breathtaking water views that most can only dream about.Newly renovated with a spacious primary bedroom and modern kitchen, Mermaid Landing seamlessly transitions between a profitable investment and a personal sanctuary. The existing tenant ensures immediate income potential, while the property's design offers endless possibilities for rental management or personal use.More than just real estate, this is your ticket to Florida Keys magic. Whether you're an investor seeking reliable returns or a buyer wanting a coastal retreat, Mermaid Landing delivers. With its prime location, access to a beach, and incredible versatility, this property is a rare find.Don't miss your chance to own something extraordinary. Schedule an exclusive viewing today and prepare to be captivated by the endless possibilities of Mermaid Landing.
Listing Agent
Key West Luxury Real Estate Inc (KW) License #3474859 Listed on: 06/05/2025
Map
Home Details
Home Type
Single Family
Est. Annual Taxes
$5,023
Year Built
1958
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- As Is Right To Inspect: Yes
- First Right of Refusal: No
- Mandatory HOA: No
- Fee Includes: None
- Key Island: Big Coppitt
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 9.00
- M L S Identifier: 20060123165453488875000000
- Neighborhood Feature: Community Boat Ramp
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Bay/Gulf
- State Province: FL
- Taxes: 6604.88
- Title: Negotiable
- Vehicle Storage: Guest Parking, RV Parking Open, Trailer Storage, Off Street Parking
- Vehicle Storage Cars: 4+
- Year Built: 1958
- Alternate Key Number: 1196797
- Cooling Heating: Central Air, Ceiling Fans(s)
- Lot Sq Ft: 33005.00
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- Estimated Living Sq Ft: 895.00
- Financial Status Standard Sale: Yes
- G F Interior Features: Tankless Hot Wtr Htr
- Property Condition: Updated/Remodeled
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Quartz Countertops
- Total Bathrooms: 2.00
- Full Bathrooms: 2
- Appliances: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
- Floor: Other
- Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
- Total Bedrooms: 3
Exterior Features
- Dockage: None
- Waterfront: Gulf Front
- Waterfront: Yes
- Construction: CBS
- Exterior Features: Fencing, Sandy Beach
- Roof: Metal Roof
- Waterview: Bay/Gulf View
- Pool: No
Utilities
- Utilities: FKAA, Elect Separate Meter, Municipal Sewer
- Heating: Central
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE,VE
- Parcel Number: 00151290-000000
- Land Size: 1/2 - Less Than 1 AC
- Acres: 0.33
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Negotiable
Tax Info
- Tax Year: 2024
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 | $5,023 | $686,392 | $519,783 | $166,609 |
| 2023 | $5,023 | $682,477 | $561,363 | $121,114 |
| 2022 | $4,692 | $635,743 | $514,586 | $121,157 |
| 2021 | $3,824 | $344,190 | $240,818 | $103,372 |
| 2020 | $679 | $112,887 | $0 | $0 |
| 2019 | $674 | $110,349 | $0 | $0 |
| 2018 | $666 | $108,292 | $0 | $0 |
| 2017 | $658 | $106,065 | $0 | $0 |
| 2016 | $1,003 | $103,884 | $0 | $0 |
| 2015 | $1,302 | $103,162 | $0 | $0 |
| 2014 | $1,320 | $102,343 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/05/2025 06/05/25 | For Sale | $1,000,000 | 0.0% | $1,117 / Sq Ft | |
| 03/25/2025 03/25/25 | Rented | $4,000 | 0.0% | -- | |
| 03/17/2025 03/17/25 | Price Changed | $4,000 | -11.1% | $4 / Sq Ft | |
| 03/14/2025 03/14/25 | Price Changed | $4,500 | -10.0% | $5 / Sq Ft | |
| 03/03/2025 03/03/25 | For Rent | $5,000 | 0.0% | -- | |
| 10/23/2020 10/23/20 | Sold | $355,000 | -11.3% | $397 / Sq Ft | View Prior Sale |
| 09/12/2020 09/12/20 | Pending | -- | -- | -- | |
| 08/07/2020 08/07/20 | For Sale | $400,000 | -- | $447 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $380,000 | None Listed On Document | |
| Special Warranty Deed | $355,000 | Ward Damon | |
| Deed In Lieu Of Foreclosure | -- | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,000 | New Conventional | |
| Previous Owner | $266,250 | New Conventional |
Source: Key West Association of REALTORS®
MLS Number: 615343
APN: 00151290-000000
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