$2,999,999

405 Petronia St Key West, FL 33040

Old Town Neighborhood

Estimated payment $17,147/month

Total Views 62,449
2 Beds
4 Baths
1,596 Sq Ft
$1,880 Price per Sq Ft

About This Home

Heart of Old Town Key West. Very rare FULLY RENTED income producing mixed-use property. 2/2 residential, office plus a detached restaurant. Seller financing is available to immediately start your investment opportunity! Call now for your private showing.

Listing Agent

Bobby Coe

RE/MAX Keys Connection (KW) License #3428120 Listed on: 01/09/2025

RE/MAX Keys Connection (KW)

Co-Listing Agent

Curtis A. Skomp, CCIM

RE/MAX All Keys Real Estate License #3350136

Map

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,372

Year Built

1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 4
  • Fee Includes: None
  • 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
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 6372.46
  • Title: Negotiable
  • Year Built: 1912
  • Alternate Key Number: 1016624
  • Building Style: Conch
  • Lot Sq Ft: 2094.00
  • License Info Number Of City License: 3
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1596.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Oven
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00016240-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

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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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 $6,372 $721,775 $538,996 $182,779
2023 $6,372 $722,862 $538,996 $183,866
2022 $5,943 $722,890 $538,996 $183,894
2021 $5,497 $582,817 $391,997 $190,820
2020 $4,999 $524,045 $333,197 $190,848
2019 $5,530 $618,232 $416,497 $201,735
2018 $5,213 $578,869 $393,881 $184,988
2017 $4,628 $459,843 $0 $0
2016 $5,143 $487,412 $0 $0
2015 $5,280 $487,314 $0 $0
2014 $5,473 $486,309 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 For Sale $2,999,999 -- $1,880 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $580,000 None Available
Warranty Deed $219,000 --
Warranty Deed $219,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $675,000 Future Advance Clause Open End Mortgage
Closed $325,000 Commercial
Closed $125,000 Commercial
Previous Owner $269,793 Commercial
Source: Public Records

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See All Homes in Key West

Source: Key West Association of REALTORS®

MLS Number: 613064

Key West Association of REALTORS®

APN: 00016240-000000

Florida Monroe County Key West 33040 Old Town

405 Petronia St, Key West, FL

This home is located at 405 Petronia St, Key West, FL 33040 and is currently priced at $2,999,999, approximately $1,879 per square foot. This property was built in 1912. 405 Petronia St is a home located in Monroe County with nearby schools including Horace O'Bryant 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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