$1,000,000

813 2nd St Key West, FL 33040

Estimated payment $5,690/month

Total Views 46,236
3 Beds
2 Baths
895 Sq Ft
$1,117 Price per Sq Ft

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

Clarence Clark

Key West Luxury Real Estate Inc (KW) License #3474859 Listed on: 06/05/2025

Co-Listing Agent

Jody Clark

Key West Luxury Real Estate Inc (KW) License #3476092

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

Range of Values:

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Average Value
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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 $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
Source: Public Records

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
Source: Key West Association of REALTORS®

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 New Conventional
Previous Owner $266,250 New Conventional
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 615343

Key West Association of REALTORS®

APN: 00151290-000000