$1,350,000
SOLD OCT 20, 2025
3 Beds
4 Baths
1,989 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$679 Per Sq Ft

13% Below List Price

55 Days on Market

About This Home

As of October 2025

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.

Last Agent to Sell the Property

Bascom Grooms

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

Last Buyer's Agent

Damian Vantriglia

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3412425

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

Multi-Family

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
  • 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
  • Sale Terms: Conventional
  • 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: None
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2025
Closed on
Oct 20, 2025
Sold by
Mullins Sheila K
Bought by
Key West Real Estate Investors Llc
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Damian Vantriglia
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,550,000
Sold Price
$1,350,000
Premium/Discount to List
-$200,000
-12.9%
Views
38
Current Estimated Value
$1,352,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,701
Avg. Annual Appreciation
0.67%
Original Mortgage
$1,350,000
Outstanding Balance
$1,350,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,701

Purchase Details

Closed on
Feb 1, 1976
Bought by
Mullins Sheila K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $1,350,000 None Listed On Document
Deed $8,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,350,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2025 10/20/25 Sold $1,350,000 -5.3% $679 / Sq Ft
09/03/2025 09/03/25 Pending -- -- --
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®

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
2025 $4,351 $752,156 -- --
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

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 615754

Key West Association of REALTORS®

APN: 00008260-000100