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Sold for $2,200,000
  • $2,200,000

    1116 Elgin Ln, Key West, FL 33040

    3beds
    1,516sqft
    Single Family Residence
    Built in 1930
    3,179 Square Feet Lot
    $2,221,400 Zestimate®
    $1,451/sqft
    $6,195 Estimated rent

    Home value

    $2,221,400

    $1.95M - $2.53M

    $6,195/mo

    Zestimate® history
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    What's special

    Granite countertopsCovered porchLush backyardOff street parkingGenerous office or denWet barStriking brazilian slate floors
    There are streets in Old Town that everyone knows, and then there are streets like Elgin Lane that most people never even realize exist. Quiet, tucked away, and remarkably private, this hidden lane offers what buyers search for endlessly in Old Town privacy, off street parking, and a pool, all in one of the most desirable locations in Key West. 1116 Elgin Lane is a 3 bedroom, 2 bath home located in the Historic Seaport District, seamlessly blending authentic Key West history with thoughtful modern updates. The original structure dates back to the 1850s, and rich Dade County Pine walls and floors bring a warmth and character that simply cannot be replicated today. The kitchen serves as the heart of the home, featuring stainless steel appliances, granite countertops, and a wine cooler, all overlooking a dramatic vaulted living and dining area. Two sets of French doors open to an updated composite deck and covered porch, creating effortless indoor outdoor living. Beyond, a lush backyard centers around a 23 foot heated saltwater pool with waterfall feature and swim jets, complemented by a wet bar and outdoor shower, making the space equally suited for entertaining or quiet relaxation. On the main level, a spacious bedroom with beautiful Dade County Pine accents is paired with a full bathroom featuring a deep soaking tub and striking Brazilian slate floors. A generous office or den adds flexibility and can easily function as an additional bedroom if needed. Upstairs, the entire level is dedicated to the primary suite, complete with a full bathroom finished in Brazilian slate and two large closets offering ample storage. Recent improvements include new AC systems, updated windows, an on demand water heater, and storm shutters for all windows and doors. Quiet, central, and layered with history, 1116 Elgin Lane is one of Old Town's most compelling hidden opportunities and a rare chance to own a truly private retreat in the heart of Key West.

    Zillow last checked:

    Listing updated:

    Listed by:

    The Spottswood Team 305-432-4848,

    Truman & Co. (KW),

    Rob Severin 305-433-0108,

    Rob Severin Real Estate Co

    Bought with:

    Ted Stewart, 3548861

    Truman & Co. (KW)

    The Spottswood Team

    Truman & Co. (KW)

    Source: FLKMLS,MLS#: 618303MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Microwave, Freezer, Wine Cooler, Stainless Steel Appliance(s)
    Features
    • Built-in Features, Granite Counters, Dade County Pine, Storage, Walk-in Closet(s)
    • Flooring: Tile, Wood
    Interior area
    • Total structure area: 1,516
    • Total interior livable area: 1,516 sqft

    Property

    Features
    • Patio & porch: Deck, Patio
    • Exterior features: Bar, Outdoor Kitchen, Outdoor Shower, Water Display
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    • Fencing: Fenced,Privacy
    Lot
    • Size: 3,179 Square Feet
    Details
    • Parcel number: 00004710000000
    • Zoning: HMDR - Historic Medium Density Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Conch
    • Property subtype: Single Family Residence
    Materials
    • Frame
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Utilities for property: Water Separate Meter, Elect Separate Meter

    Community & HOA

    Community
    • Subdivision: Old Town - Unrecord (1.0)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Key West

    Financial & listing details

    • Price per square foot: $1,451/sqft
    • Tax assessed value: $1,376,955
    • Annual tax amount: $10,783
    • Date on market: 1/26/2026

    Price history

    DateEventPrice
    4/17/2026Sold$2,200,000-2.2%$1,451/sqft
    Source: FLKMLS #618303 Report a problem
    3/25/2026Pending sale$2,249,000$1,484/sqft
    Source: FLKMLS #618303 Report a problem
    3/18/2026Contingent$2,249,000$1,484/sqft
    Source: FLKMLS #618303 Report a problem
    2/24/2026Price change$2,249,000-2.2%$1,484/sqft
    Source: Key West AOR #618303 Report a problem
    1/26/2026Listed for sale$2,299,000$1,516/sqft
    Source: Key West AOR #618303 Report a problem
    1/25/2026Listing removed$2,299,000$1,516/sqft
    Source: Key West AOR #617178 Report a problem
    11/4/2025Listed for sale$2,299,000-2.2%$1,516/sqft
    Source: Key West AOR #617178 Report a problem
    7/8/2025Listing removed$2,350,000$1,550/sqft
    Source: FLKMLS #613997 Report a problem
    4/17/2025Price change$2,350,000-5.4%$1,550/sqft
    Source: Key West AOR #613997 Report a problem
    3/4/2025Listed for sale$2,485,000$1,639/sqft
    Source: Key West AOR #613997 Report a problem
    3/4/2025Listing removed$2,485,000$1,639/sqft
    Source: FLKMLS #612946 Report a problem
    2/19/2025Price change$2,485,000-0.4%$1,639/sqft
    Source: FLKMLS #612946 Report a problem
    1/23/2025Price change$2,495,000-4%$1,646/sqft
    Source: FLKMLS #612946 Report a problem
    1/3/2025Listed for sale$2,600,000$1,715/sqft
    Source: FLKMLS #612946 Report a problem
    7/18/2024Listing removed--
    Source: FLKMLS #610203 Report a problem
    5/30/2024Listed for sale$2,600,000+304.8%$1,715/sqft
    Source: FLKMLS #610203 Report a problem
    2/27/2014Sold$642,234-32.8%$424/sqft
    Source: Public Record Report a problem
    12/3/2007Sold$955,000-26.5%$630/sqft
    Source: FLKMLS #106650 Report a problem
    5/9/2005Sold$1,300,000+143%$858/sqft
    Source: Public Record Report a problem
    11/6/2002Sold$535,000+39%$353/sqft
    Source: Public Record Report a problem
    5/25/2000Sold$385,000+208%$254/sqft
    Source: Public Record Report a problem
    5/27/1994Sold$125,000$82/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,784 +2.4%$1,167,395 +10%
    2024$10,532 +10.7%$1,061,268 +10%
    2023$9,510 +17.1%$964,789 +10%
    2022$8,119 +9.6%$877,081 +10%
    2021$7,410 +5.6%$797,346 +6.7%
    2020$7,015 $746,966 +10%
    2019$7,015 +9.5%$679,060 +6.8%
    2018$6,404 +4.3%$635,629 -0.7%
    2017$6,137 -2.3%$640,240 -11.3%
    2016$6,283 -15.3%$722,098 +10.1%
    2015$7,419 $655,791
    Find assessor info on the county website

    Neighborhood: Historic Seaport

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,221,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,221,400