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Sold for $1,950,000
  • $1,950,000

    1 Emerald Dr, Key West, FL 33040

    4beds
    2,523sqft
    Single Family Residence
    Built in 1985
    9,583.2 Square Feet Lot
    $1,950,300 Zestimate®
    $773/sqft
    $7,466 Estimated rent

    Home value

    $1,950,300

    $1.70M - $2.24M

    $7,466/mo

    Zestimate® history
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    What's special

    Waterfront paradiseOversized islandLarge poolHot tubOff street parkingGame roomNew tiki hut
    Owner Financing available for a Qualified Buyer! Waterfront Paradise for Anglers & Entertainers - Perfect for Family, Friends & Vacation Rentals.Welcome to the Ultimate Waterfront Luxury Retreat, Completely remodeled and redesigned for those who love to entertain. Excellent deep water access and yet just minutes to all the action downtown Key West has to offer.Seller will consider Owner Financing/Private Financing or even a full or partial trade. Elevated and storm resistant concrete construction, this home offers unmatched durability while embracing a modern coastal lifestyle.With four Spacious bedrooms and four beautifully appointed bathrooms, this home comfortably accommodates large groups with almost 2500 Sq Ft. interior Space. The newly finished open-concept dream kitchen is designed for socialising, featuring an oversized Island, seating up to 12 guests, making it the ideal host house for unforgettable gatherings and events.On the Second Floor, this dream home continues with a stunning custom built bar and lounge offering the ideal spot to start the party, watch a game or wind down after an exhilarating day on the water. The adjacent waterfront balcony sets the stage for relaxing and entertainment.The outdoor experience is just as impressive, featuring a large pool, hot tub, New Tiki Hut for those looking for shade, boatlift, concrete patio and game room - perfect for guests of all ages to enjoy. Excellent off Street parking for multiple vehicles, Boat Trailers or RV on over 9000 Sq. Ft. Lot.Whether you are heading out for world class fishing, or simply unwinding by the water, this Keys Home delivers the ultimate Florida Keys lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Suzanne M Moore 305-797-0699,

    Suzanne Moore Real Estate

    Bought with:

    Brenda J Donnelly, 3037635

    Brenda Donnelly Real Estate LLC

    Callie Harris, 3488181

    Brenda Donnelly Real Estate LLC

    Source: FLKMLS,MLS#: 614475MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, bar
    • Laundry: Laundry Room
    Features
    • Granite Counters, Built-in Cabinets, Utility Room
    • Flooring: Tile, Vinyl
    • Doors: Sliding Glass Doors
    • Windows: Drapes/Blinds Incl, Window Treatments, Aluminum Frames, Other
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,523 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: RV Parking Open
    • Has uncovered spaces: Yes
    Features
    • Levels: 3 Stories
    • Stories: 3
    • Patio & porch: Open Porch/Balcony, Deck
    • Exterior features: Storage, Lighting
    • Has private pool: Yes
    • Pool features: In Ground, Fiberglass
    • Has spa: Yes
    • Spa features: Private
    • Fencing: Privacy,Fenced
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front, Waterfront, Seawall: Concrete, Dock: Concrete, Dockage: Boat Lift
    Lot
    • Size: 9,583 sqft
    • Features: Less Than 1/4 Acre
    Details
    • Additional structures: Chickee Hut
    • Parcel number: 00156320000100
    • Zoning: IS
    • Zoning description: Improved Subivision District

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS, Concrete
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Key West
    • Subdivision: Porpoise Pt Sec 5 (10.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Price history

    DateEventPrice
    10/17/2025Sold$1,950,000-7.1%$773/sqft
    Source: FLKMLS #614475 Report a problem
    9/8/2025Contingent$2,100,000$832/sqft
    Source: FLKMLS #614475 Report a problem
    8/11/2025Price change$2,100,000-10.6%$832/sqft
    Source: FLKMLS #614475 Report a problem
    5/19/2025Price change$2,349,000-6%$931/sqft
    Source: Key West AOR #614475 Report a problem
    4/4/2025Listed for sale$2,499,000+143.8%$990/sqft
    Source: FLKMLS #614475 Report a problem
    7/29/2022Sold$1,025,000-14.6%$406/sqft
    Source: FLKMLS #601152 Report a problem
    6/24/2022Contingent$1,200,000$476/sqft
    Source: Key West AOR #601152 Report a problem
    6/21/2022Price change$1,200,000-11.1%$476/sqft
    Source: Key West AOR #601152 Report a problem
    6/10/2022Listed for sale$1,350,000$535/sqft
    Source: Key West AOR #601152 Report a problem
    6/1/2022Contingent$1,350,000$535/sqft
    Source: Key West AOR #601152 Report a problem
    5/25/2022Listed for sale$1,350,000+3.8%$535/sqft
    Source: Key West AOR #601152 Report a problem
    9/12/2021Listing removed--
    Source: Key West AOR Report a problem
    6/24/2021Price change$1,300,000+30.7%$515/sqft
    Source: FLKMLS #595346 Report a problem
    5/19/2021Price change$995,000-5.2%$394/sqft
    Source: FLKMLS #595346 Report a problem
    3/27/2021Listed for sale$1,050,000+320%$416/sqft
    Source: Key West AOR #595346 Report a problem
    8/5/1996Sold$250,000$99/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,391 -3.5%$872,702 -6.6%
    2024$8,697 +8.5%$934,670 +8.5%
    2023$8,016 +61.2%$861,215 +58.7%
    2022$4,973 -2.8%$542,684 +3%
    2021$5,116 $526,878

    Find assessor info on the county website

    Neighborhood: 33040

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,950,300
    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
    $1,950,300