$1,125,000
SOLD APR 28, 2025

827 Baptist Ln Unit 1 and 2 Key West, FL 33040

Old Town Neighborhood
4 Beds
2 Baths
1,374 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$819 Per Sq Ft

20% Below List Price

117 Days on Market

About This Home

As of April 2025

Old Town Key West elevated two-story duplex on a quiet lane just a half block from the X Flood zone. This duplex already has Condo documents in place but is being sold together. Each unit features 2 bedrooms, 1 bathroom, and inviting living spaces with lots of light and high ceilings, ideal for comfortable island living. Enjoy the convenience of living only 3 blocks to Duval St but having the tranquility of lane living. The downstairs unit has a breezy front porch perfect for morning coffee, and a spacious back deck, ready for outdoor entertaining. Whether you're seeking investment income, a multi-generational home, or live in one and rent the other, this property delivers.

Last Agent to Sell the Property

Sean Farrer

Coldwell Banker Schmitt Real Estate Co. (KW) License #3168212 Listed on: 12/21/2024

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Caroline Bauer

Key West Sales, LLC License #3011030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,649

Year Built

1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • Additional Assessor Parcel Number 1: 00014611-000200
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Mandatory HOA: Yes
  • Document Count: 4
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Bahama Village
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 4993.08
  • Title: Negotiable
  • Year Built: 1923
  • Alternate Key Number: 9093962
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 2161.50
  • Porch Balcony: Open Porch/Balcony, Deck
  • Association Info Condo Docs: Yes
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1374.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Granite Counter Top, Smoke Alarms
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 4
  • Sq Ft Remarks: Unit 1 is 616 sq ft and Unit 2 is 758 sq ft

Exterior Features

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

Utilities

  • Utilities: FKAA, Propane, Elect Separate Meter, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00014611-000100
  • Lot Size: 39x 55.42
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2024
Closed on
May 7, 2025
Sold by
Theden Tim and Theden Agnieszka Stevenson
Bought by
827 Baptist Ln Llc
Seller's Agent
Sean Farrer
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Caroline Bauer
Key West Sales, LLC
List Price
$1,400,000
Sold Price
$1,125,000
Premium/Discount to List
-$275,000
-19.64%
Views
53
Current Estimated Value
$946,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$178,933
Avg. Annual Appreciation
-32.54%

Purchase Details

Listed on
Dec 21, 2024
Closed on
Apr 25, 2025
Sold by
Coira Stanley and Stanley Coira Md Trust
Bought by
Theden Tim and Theden Agnieszka Stevenson
Seller's Agent
Sean Farrer
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Caroline Bauer
Key West Sales, LLC
List Price
$1,400,000
Sold Price
$1,125,000
Premium/Discount to List
-$275,000
-19.64%
Views
53
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Deed $1,125,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2025 04/28/25 Sold $1,125,000 -10.0% $819 / Sq Ft
03/12/2025 03/12/25 Price Changed $1,250,000 -3.8% $910 / Sq Ft
02/13/2025 02/13/25 Price Changed $1,300,000 -3.6% $946 / Sq Ft
01/18/2025 01/18/25 Price Changed $1,349,000 -3.6% $982 / Sq Ft
12/21/2024 12/21/24 For Sale $1,400,000 -- $1,019 / Sq Ft
Source: Key West Association of REALTORS®

Tax History Compared to Growth

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 $3,649 $418,701 -- $418,701
2023 $3,649 $418,701 $0 $418,701
2022 $3,320 $384,588 $0 $384,588
2021 $3,111 $320,793 $0 $320,793
2020 $2,954 $320,793 $0 $320,793
2019 $2,776 $302,344 $0 $302,344
2018 $2,690 $302,344 $0 $0
2017 $2,277 $203,447 $0 $0
2016 $2,384 $203,447 $0 $0
2015 -- $203,447 $0 $0
2014 -- $203,447 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 612818

Key West Association of REALTORS®

APN: 00014611-000200