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Sold for $710,000
  • $710,000

    1 Palmetto Dr, Key West, FL 33040

    --beds
    --baths
    8,400Square Feet
    Unimproved Land
    Built in ----
    8,400 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $3,565 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,565/mo

    Zestimate® history
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    What's special

    Open water views
    Beautiful open water views! 80ftx8ft custom coral colored & stamped concrete seawall, (2) 15,000lb davit pads, on canal. ROGO exempt property. No waiting or worrying about whether you can get a permit! Existing plans for new construction can be included at buyer's request. Less than 10 minutes to Key West! Previous house has been removed and the lot is ready to build.

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Koleno 804-656-5007,

    Beycome of Florida, LLC

    Bought with:

    outside of mls

    Outside Of MLS

    Source: FLKMLS,MLS#: 609032MLS LogoOriginating MLS: Florida Keys

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Canal, Bay, Water
    • Water view: Canal,Bay,Water
    • Waterfront features: Oceanfront, Gulf Front, Waterfront, Dock: Other
    Lot
    • Size: 8,400 Square Feet
    • Features: Other See Remarks
    Details
    • Parcel number: 00154110000000
    • Zoning: URM
    • Zoning description: Urban Res Mobile Home District

    Community & HOA

    Community
    • Subdivision: Similar Sound Sub (10.0)
    HOA
    • Has HOA: No
    Location
    • Region: Key West

    Financial & listing details

    • Tax assessed value: $570,515
    • Annual tax amount: $4,010
    • Date on market: 3/4/2024

    Price history

    DateEventPrice
    6/18/2025Sold$710,000-5.2%
    Source: FLKMLS #609032 Report a problem
    5/23/2024Pending sale$749,000
    Source: FLKMLS #609032 Report a problem
    3/4/2024Listed for sale$749,000-25%
    Source: Key West AOR #609032 Report a problem
    4/15/2023Listing removed--
    Source: Key West AOR #600606 Report a problem
    11/14/2022Price change$999,000-16.8%
    Source: FLKMLS #600606 Report a problem
    10/21/2022Price change$1,200,000+4.3%
    Source: FLKMLS #600606 Report a problem
    10/4/2022Price change$1,150,000-4.2%
    Source: FLKMLS #600606 Report a problem
    6/6/2022Price change$1,200,000-11.1%
    Source: FLKMLS #600606 Report a problem
    4/16/2022Listed for sale$1,350,000+175.5%
    Source: FLKMLS #600606 Report a problem
    7/24/2020Sold$490,000-1.7%
    Source: FLKMLS #585422 Report a problem
    3/17/2020Price change$498,500-0.1%
    Source: Island Breeze Realty, LLC #585422 Report a problem
    2/27/2020Price change$499,000-9.3%
    Source: Island Breeze Realty, LLC #585422 Report a problem
    4/29/2019Listed for sale$550,000
    Source: Island Breeze Realty, LLC #585422 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,917 +12.5%$568,206 +10%
    2024$4,372 +9%$516,551 +10%
    2023$4,010 +10.7%$469,592 +10%
    2022$3,623 -14.4%$426,902 +2%
    2021$4,230 +47.7%$418,521 +57.1%
    2020$2,864 $266,485 -0.3%
    2019$2,864 -0.5%$267,207 +7.1%
    2018$2,877 +3.7%$249,452 +6.9%
    2017$2,774 +7.5%$233,436 +11.1%
    2016$2,581 +6%$210,051 -29.5%
    2015$2,435 $297,959
    Find assessor info on the county website

    Neighborhood: 33040

    Nearby schools

    GreatSchools rating