$1,425,000
UNDER CONTRACT $125K PRICE DROP

Estimated payment $7,946/month

Total Views 4,317
3 Beds
4 Baths
1,989 Sq Ft
$716 Price per Sq Ft

About This Home

NEW PRICE!!! First time on the market since the mid 70s! Prime Old Town Location mixed-use property. Endless possibilities with this corner location in the heart of the historic district and just two blocks from the Seaport. Commercial space with full bath and occupied by successful gallery tenant. Three Residential apartments with 1BED/1BATH each. Corner of Fleming and Margaret St near shopping, dining, and galleries. City has two Non-transient residential rental licenses for this property and one commercial license. (Water meter: 1 Electric Meters: 3) Low assumable flood insurance $1053/year! Appt. Only-Please do not disturb businesses/tenants.

Listing Agent

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 07/10/2025

Map

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,326

Year Built

1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Contingent: Contingent
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 4350.81
  • Title: Negotiable
  • Year Built: 1913
  • Alternate Key Number: 1008532
  • Cooling Heating: Wall/Window Unit(s), Ductless, Ceiling Fans(s)
  • Lot Sq Ft: 1893.00
  • Porch Balcony: Open Porch/Balcony
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 3
  • License Info Number Of County License: 3
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 1989.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Sky Light(s)
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Floor: Tile, Wood
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: FKAA, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00008260-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Range of Values:

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Average Value
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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 $4,326 $453,338 -- --
2023 $4,326 $447,033 $0 $0
2022 $4,203 $442,012 $0 $0
2021 $4,347 $439,377 $0 $0
2020 $4,200 $437,153 $0 $0
2019 $4,074 $436,927 $0 $0
2018 $3,972 $431,688 $0 $0
2017 $3,596 $343,429 $0 $0
2016 $3,797 $348,007 $0 $0
2015 -- $346,936 $0 $0
2014 -- $344,234 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2025 09/02/25 Price Changed $1,425,000 -4.7% $716 / Sq Ft
08/11/2025 08/11/25 Price Changed $1,495,000 -3.5% $752 / Sq Ft
07/10/2025 07/10/25 For Sale $1,550,000 -- $779 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $8,000 --
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 615754

Key West Association of REALTORS®

APN: 00008260-000100