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Sold for $1,920,000
  • $1,920,000

    1116 Packer St, Key West, FL 33040

    3beds
    1,473sqft
    Single Family Residence
    Built in 1938
    3,049.2 Square Feet Lot
    $1,904,900 Zestimate®
    $1,303/sqft
    $7,499 Estimated rent

    Home value

    $1,904,900

    $1.68M - $2.17M

    $7,499/mo

    Zestimate® history
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    What's special

    X FLOOD ZONE! Exquisite retreat in the heart of Old Town Key West--an ideal private sanctuary with rental income. This remarkable home offers refined style, privacy, and a proven rental history, appealing to buyers who value luxury and the allure of a tropical lifestyle. Behind an unassuming facade lies a sophisticated residence filled with high-end details. Restored in 2017, this home features three spacious bedroom suites. The open floor plan flows seamlessly from a bright, inviting main living area to a gourmet kitchen equipped with vein-cut onyx and translucent Quartzite countertops that light up, Jenn Air stainless steel appliances, and a dedicated bar with a wine cooler--perfect for both entertaining and everyday indulgence. White oak flooring.The living area extends to a private backyard oasis with a covered outdoor lounge, a heated saltwater pool, outdoor shower surrounded by lush greenery. The second-floor suite boasts a private rooftop deck, an ideal space for sunbathing or stargazing. Set in the preferred X Flood Zone, with impact windows and doors, this home blends modern flair with classic Key West charm, featuring light-filled rooms, 14-foot tongue-and-groove ceilings, and white oak hardwood floors. The classic shotgun-style layout guides visitors from the welcoming hallway through to the tropical backyard, creating a tranquil escape perfect for relaxation or entertaining. In a prime location, the property is within walking or biking distance to Key West's best beaches, restaurants, and shops, allowing you to enjoy all that the area has to offer with no need for a car. Bonus is Off-street parking for a small car, a rare convenience in Old Town. This unique property, features an 8' x 4' Alan Maltz -a local artist- mural in the pool. Enjoy both seclusion and easy access to Key West's most popular spots. Don't miss your chance to own this luxurious home offering style, charm, and great rental income potential! Video https://tinyurl.com/1116Packer

    Zillow last checked: 7 hours ago

    Listing updated: November 04, 2025 at 07:29am

    Listed by:

    Team Gardner/Langley 305-902-2447,

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Bought with:

    Vic Musmanno, 673105

    Coldwell Banker Schmitt Real Estate Co. (KW)

    Source: FLKMLS,MLS#: 612089MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Ceiling Fans(s), Ductless
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Wine Cooler, Gas Appliances, Freezer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
    Features
    • Cathedral Ceiling(s), Bar, Built-in Cabinets, Storage, Entrance Foyer, Sun/Florida Room
    • Flooring: Wood
    • Doors: Impact Rstnce Doors
    • Windows: Window Treatments, Impact Rstnce Window
    Interior area
    • Total interior livable area: 1,473 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Lanai, Deck, Patio, Roof Top Deck
    • Exterior features: Sprinkler System, Outdoor Shower, Lighting
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Concrete, Salt Water
    • Fencing: Fenced,Privacy
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Size: 3,049 sqft
    • Dimensions: 100 x 29.5
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00031440000100
    • Zoning: HHDR
    • Zoning description: Historic High Density Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Shotgun
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1938

    Utilities & green energy

    • Electric: Elect Separate Meter
    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA, Propane, Cable Available, Cable Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s), Security System, On Premises System
    Location
    • Region: Key West
    • Subdivision: GG Watson Sub (1.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Price history

    DateEventPrice
    10/13/2025Sold$1,920,000-3.8%$1,303/sqft
    Source: FLKMLS #612089 Report a problem
    9/17/2025Pending sale$1,995,000$1,354/sqft
    Source: FLKMLS #612089 Report a problem
    9/12/2025Contingent$1,995,000$1,354/sqft
    Source: Key West AOR #612089 Report a problem
    9/2/2025Price change$1,995,000-3.6%$1,354/sqft
    Source: FLKMLS #612089 Report a problem
    7/18/2025Price change$2,070,000-1.2%$1,405/sqft
    Source: Key West AOR #612089 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,844 +0.9%$1,736,145 +0.5%
    2024$14,710 -2.2%$1,728,115 +1.8%
    2023$15,038 +16.1%$1,698,237 +17.2%

    Find assessor info on the county website

    Neighborhood: Old Town

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $1,904,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,904,900