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Sold for $2,750,000
  • $2,750,000

    1114 Packer St, Key West, FL 33040

    5beds
    2,721sqft
    Single Family Residence
    Built in 1938
    4,791 Square Feet Lot
    $2,760,000 Zestimate®
    $1,011/sqft
    $8,186 Estimated rent

    Home value

    $2,760,000

    $2.46M - $3.09M

    $8,186/mo

    Zestimate® history
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    What's special

    Privacy fencingCovered lounge areaCaesarstone quartz countertopsTranquil waterfall featureImpact windows and doorsWolf gas rangeSub-zero refrigeration
    Best Priced 5-Bedroom Compound in Key West | Renovated Old Town Home with Detached Guest House | X Flood Zone This is the opportunity buyers have been waiting for in Old Town Key West. Located just steps from Duval Street, world-class dining, galleries, and beaches, this fully renovated 5-bedroom compound offers walkability, privacy, and modern luxury -- all in the coveted X Flood Zone. The 1,908 SF main residence impresses with 14-foot cathedral ceilings and a bright, open-concept living, dining, and chef's kitchen designed for effortless entertaining. French doors open seamlessly to the outdoor living space, blending interior comfort with island lifestyle. The kitchen features Caesarstone quartz countertops, Sub-Zero refrigeration, Wolf gas range, Fisher & Paykel double-drawer dishwasher, beverage drawers, and microwave drawer -- combining high-end performance with clean design. Upstairs, the primary suite offers a private retreat with its own washer and dryer. Two guest bedrooms downstairs share a well-appointed bath with additional laundry for convenience. Impact windows and doors provide peace of mind. Outside, enjoy a heated pool surrounded by lush tropical landscaping, expansive entertaining deck, tranquil waterfall feature, and covered lounge area. Sonos sound with Focal low-profile speakers enhances the ambiance throughout the main home. At the rear of the property, the 813 SF detached guest house lives like a second residence, offering two ensuite bedrooms, kitchenette, dining area, and loft sitting space -- ideal for guests, extended family, or flexible use. Off-street parking for two vehicles, privacy fencing, and storage for pool and garden equipment complete this exceptional offering. Best priced 5-bedroom compound currently available in Key West. Move-in ready. X Flood Zone. Old Town location. Easy to show. Video available upon request.

    Zillow last checked:

    Listing updated:

    Listed by:

    Team Gardner/Langley 305-902-2447,

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Bought with:

    Melissa D Krabill, 402460

    Truman & Co. (KW)

    Source: FLKMLS,MLS#: 613071MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Disposal, Freezer, Gas Appliances, Stainless Steel Appliance(s)
    Features
    • Storage, Quartz Countertops
    • Flooring: Tile, Vinyl
    Interior area
    • Total structure area: 2,721
    • Total interior livable area: 2,721 sqft

    Property

    Features
    • Patio & porch: Open Porch/Balcony, Deck, Patio, Lanai
    • Exterior features: Rain Gutters, Lighting, Storage, Water Display
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    • Fencing: Fenced,Privacy
    Lot
    • Size: 4,791 Square Feet
    Details
    • Additional structures: Guest House, Shed(s)
    • Parcel number: 00031440000000
    • Zoning: HHDR - Historic High Density Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Shotgun
    • Property subtype: Single Family Residence
    Materials
    • Frame
    Condition
    • Year built: 1938

    Utilities & green energy

    • Utilities for property: Elect Separate Meter

    Community & HOA

    Community
    • Security: On Premises System, Security System
    • Subdivision: GG Watson Sub (1.0)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Key West

    Financial & listing details

    • Price per square foot: $1,011/sqft
    • Tax assessed value: $1,646,746
    • Annual tax amount: $12,410
    • Date on market: 1/10/2025

    Price history

    DateEventPrice
    6/29/2026Sold$2,750,000-10.6%$1,011/sqft
    Source: FLKMLS #613071 Report a problem
    5/23/2026Contingent$3,075,000$1,130/sqft
    Source: FLKMLS #613071 Report a problem
    2/27/2026Price change$3,075,000-3.8%$1,130/sqft
    Source: FLKMLS #613071 Report a problem
    1/27/2026Price change$3,195,000-1.7%$1,174/sqft
    Source: FLKMLS #613071 Report a problem
    12/15/2025Price change$3,249,500-4.3%$1,194/sqft
    Source: Key West AOR #613071 Report a problem
    10/20/2025Price change$3,395,000-2.9%$1,248/sqft
    Source: Key West AOR #613071 Report a problem
    8/14/2025Price change$3,495,000-2.8%$1,284/sqft
    Source: FLKMLS #613071 Report a problem
    6/23/2025Price change$3,595,000-1.5%$1,321/sqft
    Source: FLKMLS #613071 Report a problem
    5/27/2025Price change$3,650,000-2.7%$1,341/sqft
    Source: Key West AOR #613071 Report a problem
    3/3/2025Price change$3,750,000-4.8%$1,378/sqft
    Source: FLKMLS #613071 Report a problem
    2/24/2025Price change$3,940,000-1.5%$1,448/sqft
    Source: FLKMLS #613071 Report a problem
    1/29/2025Price change$3,999,500-11.1%$1,470/sqft
    Source: Key West AOR #613071 Report a problem
    1/10/2025Listed for sale$4,500,000+219.1%$1,654/sqft
    Source: FLKMLS #613071 Report a problem
    8/3/2015Sold$1,410,000-6%$518/sqft
    Source: FLKMLS #120758 Report a problem
    6/19/2015Pending sale$1,500,000$551/sqft
    Source: Truman & Co. (KW) #120758 Report a problem
    3/14/2015Price change$1,500,000-4.8%$551/sqft
    Source: Truman & Co. #120758 Report a problem
    1/19/2015Price change$1,575,000+5%$579/sqft
    Source: Truman & Co. #120758 Report a problem
    12/17/2014Listed for sale$1,500,000+95.1%$551/sqft
    Source: Truman & Co. #120758 Report a problem
    7/18/2001Sold$769,000+294.4%$283/sqft
    Source: Public Record Report a problem
    6/21/2000Sold$195,000-40%$72/sqft
    Source: Public Record Report a problem
    4/3/1997Sold$325,000$119/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,380 +7.3%$1,591,108 +10%
    2024$13,401 +8%$1,446,462 +10%
    2023$12,411 +9.7%$1,314,965 +10%
    2022$11,312 +9.1%$1,195,423 +10%
    2021$10,372 +0.5%$1,086,748 +0.1%
    2020$10,325 $1,085,597 +9.8%
    2019$10,325 +8.1%$988,637 +0.8%
    2018$9,551 -1.1%$980,930 -0.6%
    2017$9,659 -2.1%$986,638 -13%
    2016$9,871 -16.6%$1,133,495 +82.3%
    2015$11,829 $621,884
    Find assessor info on the county website

    Neighborhood: Old Town

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,760,000
    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
    $2,760,000