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For sale
  • $1,575,000

    3405 16th Ter, Key West, FL 33040

    4beds
    2,050sqft
    : 
    Single Family Residence
    Built in 1968
    0.33 Acres Lot
    $1,515,400 Zestimate®
    $768/sqft
    $-- HOA

    What's special

    Sold fully furnishedUpdated acTwo tiki hutsNew flooring
    Spacious, Turn-key Retreat on one of New Town's Largest Lots:Welcome to a rare opportunity in New Town - set on an oversized 14,000+ sq.ft. lot, one of the largest in the neighborhood. This 4- bedroom, 2.5 bath home offers the space, flexibility and outdoor living today's buyers are searching for, all in a move-in ready package.The backyard is the true showstopper. A 14 x 28 ft. swimming pool anchors an impressive 75ft outdoor entertaining area, complete with two tiki huts, creating the ultimate oasis for gatherings, relaxing weekends or sunset evenings under the palms. This is classic Key West living - private, expansive and designed for entertaining.Inside the home has been renovated with new flooring, updated AC and being SOLD fully furnished. The layout offers comfortable living for families, guests or those looking to spread out and enjoy single-family island living.The extra -large lot provides exceptional versatility with room for boat parking, RV parking, trailers and multiple vehicles - a rare and valuable feature in Key West.Whether you're a full-time resident, a growing family or someone who needs rooms for island toys and hobbies, this property delivers.Located in a quiet, established New Town neighborhood with easy access to beaches, shopping and downtown Key West, this home combines space, privacy and lifestyle in a way that's increasingly hard to find.A true island compound - turn-key, spacious and built for the way you want to live.
    61 days
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    3,404
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    133
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    Zillow last checked: 7 hours ago

    Listing updated: March 18, 2026 at 04:54am

    Listed by:

    Suzanne M Moore 305-797-0699,

    Suzanne Moore Real Estate

    Source: FLKMLS,MLS#: 618439MLS LogoOriginating MLS: Key West Association

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Cooling
      • Central Air
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
      Features
      • Bar, Walk-In Closet(s), Storage, Built-in Cabinets
      • Flooring: Tile, Laminate
      • Windows: Drapes/Blinds Incl, Window Treatments, Single Hung Windows
      • Furnished: Yes
      Interior area
      • Total interior livable area: 2,050 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: RV Parking Open, Trailer Storage
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Ground Level
      • Exterior features: Bar, Sprinkler System, Outdoor Shower
      • Has private pool: Yes
      • Pool features: Heated, In Ground
      • Fencing: Privacy,Fenced
      • Water view: None
      • Waterfront features: None, Dockage: None
      Lot
      • Size: 0.33 Acres
      • Dimensions: 47 x 131
      • Features: 1/4 - 1/2 Acre
      Details
      • Additional structures: Chickee Hut
      • Parcel number: 00056920000000
      • Zoning: SF
      • Zoning description: Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1968

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: FKAA

      Community & HOA

      Community
      • Security: Security System
      • Subdivision: Pearlman Heights (4.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key West

      Financial & listing details

      • Price per square foot: $768/sqft
      • Tax assessed value: $1,112,329
      • Annual tax amount: $9,713
      • Date on market: 2/2/2026
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        Estimated market value

        $1,515,400

        $1.44M - $1.59M

        $6,836/mo

        Price history

        Price history
        DateEventPrice
        2/22/2026Listed for sale$1,575,000$768/sqft
        Source: Key West AOR #618439 Report a problem
        2/7/2026Contingent$1,575,000$768/sqft
        Source: FLKMLS #618439 Report a problem
        2/2/2026Listed for sale$1,575,000+115.8%$768/sqft
        Source: Key West AOR #618439 Report a problem
        6/4/2021Sold$730,000-8.6%$356/sqft
        Source: FLKMLS #594068 Report a problem
        4/10/2021Contingent$799,000$390/sqft
        Source: FLKMLS #594068 Report a problem
        1/17/2020Listed for sale$799,000-2.4%$390/sqft
        Source: Berkshire Hathaway Knight & Gardner Realty #589224 Report a problem
        10/11/2019Listing removed$819,000$400/sqft
        Source: Berkshire Hathaway Knight & Gardner Realty #582265 Report a problem
        4/20/2019Price change$819,000-3.5%$400/sqft
        Source: Berkshire Hathaway Knight & Gardner Realty (KW) #582265 Report a problem
        10/12/2018Listed for sale$849,000$414/sqft
        Source: Berkshire Hathaway Knight & Gardner Realty (KW) #582265 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$9,713 -2.7%$1,112,329 -2.5%
        2024$9,981 +4.8%$1,140,885 +10%
        2023$9,521 +17.8%$1,037,168 +12.1%
        2022$8,080 +21.5%$924,871 +30.2%
        2021$6,649 +1.3%$710,461 +1%
        2020$6,565 $703,385 -0.9%
        2019$6,565 -1.7%$709,819 +3.9%
        2018$6,675 +1.6%$683,360 +1.7%
        2017$6,568 -0.1%$671,700 +5.5%
        2016$6,572 +2.2%$636,513 +6.6%
        2015$6,431 $596,876

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $8,929/mo
        Principal & interest
        $7853
        Property taxes
        $1076
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          Climate risks

          Neighborhood: New Town

          Getting around

          56 / 100
          Somewhat Walkable
          23 / 100
          Minimal Transit
          98 / 100
          Biker's Paradise

          Nearby schools

          GreatSchools rating

          Local experts in 33040

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