$1,450,000
$229K PRICE DROP

1401 5th St Key West, FL 33040

Mid Town Neighborhood

Estimated payment $7,993/month

Total Views 16,362
6 Beds
3 Baths
2,434 Sq Ft
$596 Price per Sq Ft

About This Home

Rare Opportunity: Three Charming Homes on Adjacent Lots - Unlimited Potential!Discover the perfect investment opportunity with these three vintage 2-bedroom, 1-bathroom homes, nestled on separate adjoining lots and being sold together as a single package. Situated in a desirable location, this unique offering provides incredible flexibility for visionary buyers.Each home offers cozy layouts that are ripe for restoration or redevelopment. The true value lies in the combined potential of these properties--create a sprawling family estate, build a modern multi-home compound, or explore other construction options to maximize value.With their combined potential and prime location, these homes are a once-in-a-lifetime opportunity for developers, investors, or those looking to build their dream family retreat. Don't miss out--bring your imagination and start planning the possibilities today!Contact me to schedule a showing and envision the future of this incredible property package!

Listing Agent

Stacy Stahl

Realty ONE Group Destination Brokerage Email: rogdestination@gmail.com License #3050896 Listed on: 12/09/2024

Realty ONE Group Destination

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,208

Year Built

1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00046650-000000
  • Additional Assessor Parcel Number 2: 00046650-000200
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 3208.34
  • Vehicle Storage: Off Street Parking
  • Year Built: 1948
  • Alternate Key Number: 9082031
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Lot Sq Ft: 7500.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2434.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: rogdestination@gmail.com
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Refrigerator, Range
  • Total Bedrooms: 6
  • Sq Ft Remarks: 1401 5th is 720sf1405 5th is 1074sf2302 Seidenberg is 640sf

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Shed
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00046650-000100
  • Lot Size: 7500sf total of 3 lots
  • Land Size: More than 1 Lot

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 3.00

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

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 $3,208 $348,686 $252,909 $95,777
2023 $3,208 $330,306 $243,043 $87,263
2022 $2,897 $296,906 $208,323 $88,583
2021 $2,223 $205,062 $129,725 $75,337
2020 $2,203 $203,972 $128,635 $75,337
2019 $2,207 $202,898 $126,455 $76,443
2018 $2,091 $186,562 $109,013 $77,549
2017 $2,052 $178,931 $0 $0
2016 $2,074 $171,537 $0 $0
2015 -- $164,177 $0 $0
2014 -- $174,054 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Price Changed $1,450,000 -6.5% $596 / Sq Ft
04/13/2025 04/13/25 Price Changed $1,550,000 -7.7% $637 / Sq Ft
12/09/2024 12/09/24 For Sale $1,679,000 -- $690 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 612665

Key West Association of REALTORS®

APN: 00046650-000100

Florida Monroe County Key West 33040 Mid Town

1401 5th St, Key West, FL

This home is located at 1401 5th St, Key West, FL 33040 and is currently priced at $1,450,000, approximately $595 per square foot. This property was built in 1948. 1401 5th St is a home located in Monroe County with nearby schools including Poinciana Elementary School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Stacy Stahl
Listing Agent
Stacy Stahl
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Realty ONE Group Destination
(305) 731-9510