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Sold for $4,000,000
  • $4,000,000

    1227 Washington St, Key West, FL 33040

    4beds
    3,066sqft
    Single Family Residence
    Built in 1930
    9,583 Square Feet Lot
    $4,014,500 Zestimate®
    $1,305/sqft
    $7,756 Estimated rent

    Home value

    $4,014,500

    $3.57M - $4.50M

    $7,756/mo

    Zestimate® history
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    What's special

    Private outdoor showerOutdoor kitchenFrench doorsSmart home technologyBanks of tall windowsTwo cottagesSoaring ceilings
    MAJOR PRICE IMPROVEMENT! This beautiful Key West home on two lots just blocks from the Atlantic Ocean has undergone a total property renovation including a magnificent addition. Quality materials and custom finishes have been utilized to produce a luxurious yet casually elegant 4BR/3.5BA single level home with two cottages, generous gated off street parking, heated/chilled pool and amenities aplenty. Old Key West greets you at the entry gates with historic Old Town curbstones flowing through the lush landscaping designed by Craig Reynolds. Architect, William Horn, has thoughtfully redesigned the home, pool cottage and guest cottage which can amazingly transform into a garage should you choose. The expansive Great Room is a WOW with gleaming Dade County Pine floors and soaring ceilings. French doors and banks of tall windows provide long views of the inviting pool, spacious decking and tropical foliage. Grand Chef's kitchen with Wolf appliances, floor to ceiling custom cabinetry and walk-in pantry. The handsome primary bedroom suite with sumptuous bath and shower includes dual custom closets and a glorious private sun room that also opens to the pool. Outdoor kitchen, private outdoor shower, Big A*s Fans, smart home technology, Sonos system, indoor/outdoor speakers, security cameras, tank-less hot water heater, generator and enormous propane tank are but a few of the many amenities of this spectacular property. No expense has been spared to create the ultimate Key West home for private indoor and outdoor island living. Can easily be Turn Key/Move In Ready! Furniture, furnishings, electronics, household goods, 4 electric bikes, electric golf car and artwork are all available to be purchased separately should you desire a seamless, stress-free and immediate occupancy upon closing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nancy Swift 305-849-2455,

    Location 3 Real Estate of KW Inc (KW)

    Bought with:

    Wendy L Zintsmaster, 681792

    Truman & Co. (KW)

    Tonya Cabanas, 3385581

    Truman & Co. (KW)

    Source: FLKMLS,MLS#: 618030MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s), Ductless
    Appliances
    • Included: More Appliances, Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Gas Appliances, Ice Maker, Wine Cooler, Stainless Steel Appliance(s)
    • Laundry: Laundry Room
    Features
    • Smart Thermostat, Built-in Features, Granite Counters, Dade County Pine, Walk-in Closet(s), Wired for Sound, Sun/Florida Room
    • Flooring: Tile, Wood
    • Furnished: Yes
    Interior area
    • Total structure area: 3,066
    • Total interior livable area: 3,066 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: Ground Level
    • Patio & porch: Deck
    • Exterior features: Built-in Barbecue, Fruit Tree(s), Lighting, Outdoor Kitchen, Outdoor Shower
    • Has private pool: Yes
    • Pool features: In Ground
    • Fencing: Fenced,Privacy
    Lot
    • Size: 9,583 Square Feet
    • Dimensions: Two Lots, 100.6 x 93.5
    Details
    • Additional structures: Guest House
    • Parcel number: 00041400000000
    • Zoning: HMDR - Historic Medium Density Residential
    • Other equipment: Generator, Irrigation Equipment

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Hardi Board Siding
    Condition
    • New Construction,Updated/Remodeled
    • New construction: Yes
    • Year built: 1930

    Utilities & green energy

    • Electric: Cat 5
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Beach, Other, Bike Paths
    • Security: Security Gate, On Premises System, Central Station Sys, Other, Security System
    • Subdivision: Tropical Bldt & Investment Co Sub (2.0)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Key West

    Financial & listing details

    • Price per square foot: $1,305/sqft
    • Tax assessed value: $1,774,140
    • Annual tax amount: $12,330
    • Date on market: 1/9/2026
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    6/29/2026Sold$4,000,000-4.8%$1,305/sqft
    Source: FLKMLS #618030 Report a problem
    5/8/2026Pending sale$4,200,000$1,370/sqft
    Source: FLKMLS #618030 Report a problem
    4/17/2026Contingent$4,200,000$1,370/sqft
    Source: FLKMLS #618030 Report a problem
    3/24/2026Price change$4,200,000-8.1%$1,370/sqft
    Source: FLKMLS #618030 Report a problem
    3/18/2026Price change$4,570,000-0.7%$1,491/sqft
    Source: Key West AOR #618030 Report a problem
    1/9/2026Listed for sale$4,600,000-2.1%$1,500/sqft
    Source: Key West AOR #618030 Report a problem
    5/25/2024Listing removed--
    Source: Key West AOR #606185 Report a problem
    12/28/2023Price change$4,700,000-2.9%$1,533/sqft
    Source: FLKMLS #606185 Report a problem
    9/6/2023Listed for sale$4,840,000$1,579/sqft
    Source: FLKMLS #606185 Report a problem
    8/31/2023Contingent$4,840,000$1,579/sqft
    Source: FLKMLS #606185 Report a problem
    8/1/2023Listed for sale$4,840,000+340%$1,579/sqft
    Source: FLKMLS #606185 Report a problem
    12/10/2018Sold$1,100,000-13.7%$359/sqft
    Source: Public Record Report a problem
    8/31/2018Price change$1,275,000-1.5%$416/sqft
    Source: Location 3 Real Estate of KW Inc (KW) #578336 Report a problem
    5/25/2018Price change$1,295,000-5.5%$422/sqft
    Source: Location 3 Real Estate of KW Inc (KW) #578336 Report a problem
    4/29/2018Price change$1,370,000-3.5%$447/sqft
    Source: Location 3 Real Estate of KW Inc (KW) #578336 Report a problem
    3/21/2018Price change$1,420,000-3.4%$463/sqft
    Source: Location 3 Real Estate of KW Inc (KW) #578336 Report a problem
    3/7/2018Price change$1,470,000-1.7%$479/sqft
    Source: Location 3 Real Estate of KW Inc (KW) #578336 Report a problem
    1/20/2018Listed for sale$1,495,000$488/sqft
    Source: Location 3 Real Estate of KW Inc (KW) #578336 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,331 +3.1%$1,238,720 +10%
    2024$11,962 +12.2%$1,126,109 +10%
    2023$10,665 +16.7%$1,023,735 +10%
    2022$9,138 +16.6%$930,668 +10%
    2021$7,837 +2.5%$846,062 +2.3%
    2020$7,647 $827,271 -8.2%
    2019$7,647 -8.5%$900,805 +27%
    2018$8,359 +22.9%$709,249 +126.5%
    2017$6,801 +133.9%$313,099 +2.1%
    2016$2,908 -2.7%$306,660 +0.7%
    2015$2,988 $304,528
    Find assessor info on the county website

    Neighborhood: White Street Gallery District

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,014,500
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    Estimated market value
    $4,014,500