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For sale
    • Price cut: $20K (7/20)
    $930,000

    1227 20th Ter, Key West, FL 33040

    3beds
    1,286sqft
    : 
    $5,551/mo
    Get pre-qualified
    Single Family Residence
    Built in 1963
    7,405 Square Feet Lot
    $899,100 Zestimate®
    $723/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.
    73 days
    |
    385
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Wade J Meyer 305-432-6373,

    Real Estate Management of Key West, LLC

    Source: FLKMLS,MLS#: 620104MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air, Ceiling Fans(s), Ductless
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Ice Maker, Stainless Steel Appliance(s)
      Features
      • Flooring: Tile
      Interior area
      • Total structure area: 1,286
      • Total interior livable area: 1,286 sqft

      Property

      Features
      • Levels: Ground Level
      • Patio & porch: Open Porch/Balcony, Patio
      • Exterior features: Storage
      • Fencing: Privacy
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 64 X 112
      Details
      • Additional structures: Shed(s)
      • Parcel number: 00055300000000
      • Zoning: SF - Single Family

      Construction

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

      Utilities & green energy

      • Utilities for property: Cable Available

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $723/sqft
      • Tax assessed value: $775,796
      • Annual tax amount: $6,945
      • Date on market: 6/1/2026
      • Listing terms: No Seller Finance,Cash,Conventional,FHA

        Estimated market value

        $899,100

        $854,000 - $944,000

        $5,289/mo

        Price history

        DateEventPrice
        7/20/2026Price change$930,000-2.1%$723/sqft
        Source: FLKMLS #620104 Report a problem
        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.
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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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