$790,000
SOLD MAR 13, 2025
3 Beds
3 Baths
1,160 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$681 Per Sq Ft

5% Below List Price

280 Days on Market

About This Home

As of March 2025

Step back in time with this historic 1948 home, steeped in the rich history of the Martinez Havana Cigar Factory. This residence was created by Luis Martinez using ''Indian Block'' known for its exceptional fireproof and hurricane-proof qualities. Meticulously updated and modernized, this home seamlessly blends historic charm with contemporary comforts.Inside, you'll find two bedrooms and a renovated full bath and half bath in the main house, offering a cozy retreat. The lockout/mother-in-law suite features a spacious bedroom with a sitting area and a renovated full bath, perfect for guests or extended family.The kitchen, updated in 2023, boasts KraftMaid cabinets and quartz countertops, creating a stylish and functional space for culinary enthusiasts. A new metal roof and double pane impact windows and doors add to the home's durability, low insurance and aesthetic appeal. Outside, new concrete patio and walkways (2023) and low-maintenance landscaping enhance the tropical ambiance, providing a serene setting for relaxation. Conveniently located close to schools and shopping, this home is not only a delightful residence but also an attractive investment opportunity.Offered at a great price, this historic gem is sure to captivate those seeking a unique blend of history and modern living. Don't miss out on the chance to own a piece of history in this idyllic tropical setting. Schedule your showing today!

Last Agent to Sell the Property

Dawn McComish

Lokation Real Estate License #3021595

Lokation Real Estate

Last Buyer's Agent

Dawn McComish

Lokation Real Estate License #3021595

Lokation Real Estate

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,793

Year Built

1948

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: 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
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4793.29
  • Title: Title Ins - Buyer
  • Year Built: 1948
  • Alternate Key Number: 1045811
  • Cooling Heating: Central Air
  • Lot Sq Ft: 2955.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Bahama
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1160.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Smoke Alarms
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00045220-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

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

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Sold $790,000 -5.4% $681 / Sq Ft
05/03/2024 05/03/24 For Sale $835,000 +45.2% $720 / Sq Ft
09/20/2022 09/20/22 Sold $575,000 -8.0% $496 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
07/15/2022 07/15/22 Price Changed $625,000 -3.8% $539 / Sq Ft
06/23/2022 06/23/22 For Sale $650,000 -- $560 / Sq Ft
Source: Marathon and Lower Keys 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
2024 $4,793 $615,569 $377,058 $238,511
2023 $4,793 $525,801 $333,442 $192,359
2022 $2,807 $362,893 $0 $0
2021 $2,561 $285,784 $0 $0
2020 $2,591 $289,987 $0 $0
2019 $2,504 $289,834 $0 $0
2018 $2,286 $248,528 $0 $0
2017 $2,261 $241,667 $0 $0
2016 $1,877 $227,438 $0 $0
2015 $1,773 $208,420 $0 $0
2014 $1,916 $218,555 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $592,500 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $790,000 None Listed On Document
Warranty Deed $575,000 First International Title
Interfamily Deed Transfer -- Attorney
Deed $30,000 --
Source: Public Records

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Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 609865

APN: 00045220-000000