For sale

$1,300,000

2016 Roosevelt Dr, Key West, FL 33040

7beds

2,957sqft

$8,201/mo

Get pre-qualified

Multi Family

Built in 1950

-- sqft lot

$1,047,200 Zestimate^®

$440/sqft

$-- HOA

What's special

Builder/Contractors Dream ! Rare 4 unit new development opportunity, 7,000 square ft lot available in Midtown Key West.

233 days
118
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 5
Full bathrooms: 5

Appliances

Included: None

Interior area

Total structure area: 2,957
Total interior livable area: 2,957 sqft

Property

Lot

Size: 6,969 Square Feet
Dimensions: 70 X 100

Details

Parcel number: 00051570000000
Zoning: CL - Limited Commercial

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

CBS, Stucco, Other

Condition

Year built: 1950

Community & HOA

Community

Subdivision: Sunshine Sub Plat 3 (3.0)

HOA

Has HOA: No
Services included: None

Location

Region: Key West

Financial & listing details

Price per square foot: $440/sqft
Tax assessed value: $937,989
Annual tax amount: $9,972
Date on market: 2/20/2026

Estimated market value

$1,047,200

$859,000 - $1.25M

Not available

Price history

Date	Event	Price
2/20/2026	Listed for sale	$1,300,000-6.8%$440/sqft
Source: Key West AOR #618731 Report a problem
1/18/2025	Listing removed	$1,395,000$472/sqft
Source: Key West AOR #608242 Report a problem
5/7/2024	Price change	$1,395,000-6.7%$472/sqft
Source: MLKAR #608242 Report a problem
4/24/2024	Price change	$1,495,000-11.8%$506/sqft
Source: MLKAR #608242 Report a problem
3/28/2024	Price change	$1,695,000-10.6%$573/sqft
Source: MLKAR #608242 Report a problem
1/30/2024	Price change	$1,895,000-7.5%$641/sqft
Source: MLKAR #608242 Report a problem
1/18/2024	Listed for sale	$2,049,000+246.1%$693/sqft
Source: MLKAR #608242 Report a problem
10/21/2020	Sold	$592,000-26%$200/sqft
Source: Public Record Report a problem
9/11/2006	Sold	$800,000+36.8%$271/sqft
Source: Public Record Report a problem
7/25/2003	Sold	$585,000$198/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,973 +10.6%	$937,989 +19.7%
2023	$9,016 +13.6%	$783,914 +10%
2022	$7,938 +7.5%	$712,649 +10%
2021	$7,384 +0.9%	$647,863 +0.4%
2020	$7,320	$645,028 +14.3%
2019	$7,320 +10.1%	$564,231 -5.8%
2018	$6,647 -5%	$598,715 +3.4%
2017	$6,998 +4.2%	$578,870 +0.7%
2016	$6,715 +0.5%	$574,991 +15.8%
2015	$6,682	$496,584