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For sale
    • $950,000

    1227 20th Ter, Key West, FL 33040

    3beds
    1,286sqft
    : 
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    Single Family Residence
    Built in 1963
    7,405 Square Feet Lot
    $905,900 Zestimate®
    $739/sqft
    $-- HOA

    What's special

    Perfect boat parkingFully gated home
    *Seller Motivated, told us to bring all reasonable Offers. 3/1 with a guest cottage/office space at rear of property with private full bath and kitchenette. 4/2 with cottage. All just awaiting a Buyers personal taste!.Huge lot with incredible area for big a beautiful pool!This is a perfect family 3/1 home in one of the best New Town neighborhoods. This fully gated home sits on a massive 7000 sf oversized lot and is completely move-in ready. The home boasts three bedrooms and one bath. The floor plan in the kitchen and living area flows perfectly for open living. Glass French doors open to the back patio (that could be enclosed for Florida room) and look out at the massive green lawn and native trees. The large back yard is perfect for expansion or creating your very own tropical oasis. Set back in complete privacy is a beautiful guest suite/office space with bath. The side yard with an additional privacy fence is perfect boat parking. This property is a must see!Occupied so must allow 24 hour notice.
    28 days
    |
    1,014
    |
    37
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Wade J Meyer 305-432-6373,

    Real Estate Management of Key West, LLC

    Source: FLKMLS,MLS#: 620104MLS LogoOriginating MLS: Key West Association

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central, Ductless
      Cooling
      • Central Air, Ductless, Ceiling Fans(s)
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Ice Machine, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
      Features
      • Other Specialty Room
      • Flooring: Tile
      • Doors: French Doors
      • Windows: Awning Windows, Bahama
      Interior area
      • Total interior livable area: 1,286 sqft

      Property

      Parking
      • Parking features: Off Street
      Features
      • Levels: Ground Level
      • Patio & porch: Open Porch/Balcony, Patio
      • Exterior features: Storage
      • Fencing: Privacy
      • Water view: None
      • Waterfront features: None, Dockage: None
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 64 x 112
      • Features: Less Than 1/4 Acre
      Details
      • Additional structures: Shed(s)
      • Parcel number: 00055300000000
      • Zoning: SF
      • Zoning description: Single Family
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS, Concrete
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1963

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: FKAA, Cable Available, Buyer to Verify, Cable Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Pearlman Est (4.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key West

      Financial & listing details

      • Price per square foot: $739/sqft
      • Tax assessed value: $775,796
      • Annual tax amount: $6,945
      • Date on market: 6/1/2026
      • Listing terms: No Seller Finance,FHA,VA Loan,Conventional,Cash

        Estimated market value

        $905,900

        $861,000 - $951,000

        $5,413/mo

        Price history

        DateEventPrice
        6/1/2026Listed for sale$950,000-5%$739/sqft
        Source: FLKMLS #620104 Report a problem
        12/29/2025Listing removed$1,000,000$778/sqft
        Source: Key West AOR #614352 Report a problem
        11/3/2025Price change$1,000,000-1.5%$778/sqft
        Source: FLKMLS #614352 Report a problem
        10/9/2025Price change$1,015,000-1%$789/sqft
        Source: FLKMLS #614352 Report a problem
        8/2/2025Price change$1,025,000-4.2%$797/sqft
        Source: FLKMLS #614352 Report a problem
        7/7/2025Price change$1,070,000-2.6%$832/sqft
        Source: Key West AOR #614352 Report a problem
        5/20/2025Price change$1,099,000-3.2%$855/sqft
        Source: FLKMLS #614352 Report a problem
        3/26/2025Listed for sale$1,135,000+49.3%$883/sqft
        Source: Key West AOR #614352 Report a problem
        10/26/2021Sold$760,000+1.5%$591/sqft
        Source: FLKMLS #597614 Report a problem
        9/16/2021Contingent$749,000$582/sqft
        Source: FLKMLS #597614 Report a problem
        9/14/2021Listed for sale$749,000$582/sqft
        Source: FLKMLS #597614 Report a problem
        9/11/2021Contingent$749,000$582/sqft
        Source: FLKMLS #597614 Report a problem
        9/5/2021Listed for sale$749,000+70.7%$582/sqft
        Source: FLKMLS #597614 Report a problem
        6/30/2016Sold$438,750-4.4%$341/sqft
        Source: FLKMLS #570775 Report a problem
        3/4/2016Price change$459,000-2.1%$357/sqft
        Source: Xcellence Realty #568990 Report a problem
        11/15/2015Listed for sale$469,000$365/sqft
        Source: Xcellence Realty #568990 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,945 -4.2%$775,796 -5.7%
        2024$7,253 +4.2%$822,644 +8.5%
        2023$6,963 +13.5%$758,347 +10%
        2022$6,136 +67.1%$689,406 +67.7%
        2021$3,671 +1.7%$411,014 +1.4%
        2020$3,609 $405,340 +2.3%
        2019$3,609 +1.6%$396,227 +1.9%
        2018$3,554 $388,840 +2.1%
        2017-- $380,843 -2.6%
        2016-- $391,180 +8.2%
        2015$3,757 $361,385

        Find assessor info on the county website

        Monthly payment

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          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: New Town

          Getting around

          49 / 100
          Car-Dependent
          24 / 100
          Minimal Transit
          92 / 100
          Biker's Paradise

          Nearby schools

          GreatSchools rating

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