Built in 2006 and beautifully upgraded, this meticulously maintained 3-bedroom, 2.5-bath residence offers durability, comfort, and the ultimate island lifestyle -- just 1/2 block from a public boat ramp.For boating enthusiasts, this location is exceptional. Launch your boat within minutes of leaving home and enjoy effortless access to the water.The standout feature of this property is the private balcony off the primary bedroom with visible ocean views -- the perfect setting for morning coffee with sea breezes or sunset relaxation. This elevated retreat truly captures the essence of Key West living.The third level features three spacious bedrooms and two full bathrooms, including a guest bath with a spa-like air tub. The main living level offers an open-concept layout with wood flooring and larger-than-expected rooms. The upgraded kitchen includes: Center island with bar seating Decorative backsplash Stainless steel appliances Natural gas stoveThe kitchen flows seamlessly into the dining and living areas, opening onto a second balcony -- perfect for entertaining and indoor-outdoor living.Significant recent upgrades provide peace of mind: Impact windows and doors (2025) New Hardie board siding Water pressure booster (2024) Hot water heater (2024) Exterior electrical box (2025) Refrigerator & dishwasher (2025) Replaced front stairs and upstairs deck Roof (2018)The fully fenced yard offers privacy and tranquility with space to create your own outdoor oasis. There is also a bonus room currently configured as a home office, ideal for remote work, creative space, or flexible use. Off-street parking accommodates two vehicles. With major capital improvements already completed, ocean views from the primary suite, and immediate access to the boat ramp just steps away, this property is ideal as a primary residence or second home in beautiful Key West.
For sale
Price cut: $25K (4/8)
$850,000
5 El Monte Ln, Key West, FL 33040
3beds
1,545sqft
Est.:
Single Family Residence
Built in 2006
2,613.6 Square Feet Lot
$821,300 Zestimate®
$550/sqft
$-- HOA
What's special
Larger-than-expected roomsThree spacious bedroomsNatural gas stoveNew hardie board sidingImpact windows and doorsUpgraded kitchenStainless steel appliances
- 47 days |
- 1,320 |
- 51 |
Zillow last checked: 7 hours ago
Listing updated: April 07, 2026 at 12:28pm
Listed by:
Jaime M Caballero 305-797-5252,
Key West Vacation Properties & Realty, LLC (KW),
Alexandria Caballero 305-393-9077,
Key West Vacation Properties & Realty, LLC (KW)
Source: FLKMLS,MLS#: 618776
Originating MLS: Key West Association
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Dryer, Gas Appliances, Disposal, Microwave, Oven, Refrigerator, Dishwasher
Features
- Flooring: Vinyl
- Doors: Impact Rstnce Doors
- Windows: Impact Rstnce Window, Clam Shell
Interior area
- Total interior livable area: 1,545 sqft
Video & virtual tour
Property
Parking
- Parking features: Off Street, Covered
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open Porch/Balcony, Deck
- Exterior features: Rain Gutters, Sprinkler System, Lighting
- Fencing: Privacy
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: None, Dockage: None
Lot
- Size: 2,613.6 Square Feet
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00157120000000
- Zoning: URM
- Zoning description: Urban Res Mobile Home District
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Propane, Buyer to Verify
Community & HOA
Community
- Subdivision: Gulfrest Park (10.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $550/sqft
- Tax assessed value: $548,680
- Annual tax amount: $5,228
- Date on market: 2/23/2026
Estimated market value
$821,300
$780,000 - $862,000
$5,263/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Price change | $850,000-2.9%$550/sqft |
Source: | ||
| 2/23/2026 | Listed for sale | $875,000+174.6%$566/sqft |
Source: | ||
| 8/13/2017 | Listing removed | $2,600$2/sqft |
Source: Key West Residential Property Management Report a problem | ||
| 8/6/2017 | Listed for rent | $2,600+4%$2/sqft |
Source: Key West Residential Property Management Report a problem | ||
| 10/10/2016 | Listing removed | $2,500-3.8%$2/sqft |
Source: Key West Residential Property Management Report a problem | ||
| 6/10/2015 | Listing removed | $2,600$2/sqft |
Source: Key West Residential Property Management Report a problem | ||
| 5/29/2015 | Price change | $2,600-7.1%$2/sqft |
Source: Key West Residential Property Management Report a problem | ||
| 5/16/2015 | Price change | $2,800-12.5%$2/sqft |
Source: Key West Residential Property Management Report a problem | ||
| 4/10/2015 | Listed for rent | $3,200$2/sqft |
Source: Key West Residential Property Management Report a problem | ||
| 4/8/2015 | Listing removed | $318,700$206/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. #120242 Report a problem | ||
| 4/2/2015 | Pending sale | $318,700$206/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. #120242 Report a problem | ||
| 4/2/2015 | Listed for sale | $318,700+0.2%$206/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. #120242 Report a problem | ||
| 3/31/2015 | Sold | $318,150-0.5%$206/sqft |
Source: | ||
| 2/26/2015 | Pending sale | $319,700$207/sqft |
Source: Coldwell Banker Schmitt #120242 Report a problem | ||
| 2/3/2015 | Listed for sale | $319,700$207/sqft |
Source: Coldwell Banker Schmitt #120242 Report a problem | ||
| 1/24/2015 | Pending sale | $319,700$207/sqft |
Source: Coldwell Banker Schmitt #120242 Report a problem | ||
| 1/17/2015 | Price change | $319,700+91.4%$207/sqft |
Source: Coldwell Banker Schmitt #120242 Report a problem | ||
| 1/13/2015 | Price change | $167,000-47.8%$108/sqft |
Source: HomeSearch.com Realty Services Inc #120242 Report a problem | ||
| 1/5/2015 | Price change | $319,700+91.4%$207/sqft |
Source: Coldwell Banker Schmitt #120242 Report a problem | ||
| 1/1/2015 | Listed for sale | $167,000-64%$108/sqft |
Source: HomeSearch.com Realty Services Inc #120242 Report a problem | ||
| 12/5/2014 | Sold | $464,000+45.1%$300/sqft |
Source: Public Record Report a problem | ||
| 9/26/2014 | Price change | $319,700+91.4%$207/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. #120242 Report a problem | ||
| 9/9/2014 | Price change | $167,000-47.8%$108/sqft |
Source: HomeSearch.com Realty Services Inc #120242 Report a problem | ||
| 8/19/2014 | Listed for sale | $319,700+39.6%$207/sqft |
Source: Coldwell Banker Schmitt #120242 Report a problem | ||
| 10/12/2004 | Sold | $229,000+40.3%$148/sqft |
Source: | ||
| 4/30/2004 | Sold | $163,200+63.2%$106/sqft |
Source: Public Record Report a problem | ||
| 9/16/2003 | Sold | $100,000$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,228 -1.4% | $548,680 -4.3% |
| 2024 | $5,300 +10.1% | $573,104 +30.8% |
| 2023 | $4,812 +11.2% | $438,056 +10% |
| 2022 | $4,326 +8.5% | $398,233 +10% |
| 2021 | $3,987 -3% | $362,030 -2.7% |
| 2020 | $4,108 | $372,002 +3.7% |
| 2019 | $4,108 +2.8% | $358,593 -0.8% |
| 2018 | $3,995 -2.9% | $361,348 -1.8% |
| 2017 | $4,113 +0.4% | $368,107 +12.3% |
| 2016 | $4,095 +6.2% | $327,745 +21.9% |
| 2015 | $3,854 | $268,774 |
Find assessor info on the county website
Monthly payment
Est. payment
$4,722/mo
Principal & interest
$4141
Property taxes
$581
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Climate risks
Neighborhood: 33040
Nearby schools
GreatSchools rating
- 4/10Gerald Adams Elementary SchoolGrades: PK-5Distance: 5.1 mi
- NAAdult/Vocational/Community EducationGrades: Distance: 5.2 mi
- 3/10Key West High SchoolGrades: 9-12Distance: 7.6 mi
Local experts in 33040
- Florida
- Monroe County
- Big Coppitt Key
- 33040
- 5 El Monte Ln





