Skip main navigation
Sold for $850,000
    • $850,000

    308 Peacon Ln, Key West, FL 33040

    3beds
    1,296sqft
    Duplex
    Built in 1923
    -- sqft lot
    $867,300 Zestimate®
    $656/sqft
    $4,436 Estimated rent

    Home value

    $867,300

    $755,000 - $997,000

    $4,436/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $4,436/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $4,436/mo

    Rent Zestimate®

    Refinance and save

    $5,368/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $5,368/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Yes - not too good to be true or a misprint! Priced to sell for just $990,000 with this $400,000 price reduction. Rare 2 unit property in Old Town! Enjoy Key West living on one of our most picturesque Old Town lanes. Located in the heart of the historic district and near the seaport, everything you want in Key West is right out your door. Built in the early 1900s, over the years the home was converted into a legal 2-unit property with separate water & electric accounts. The configuration is upstairs (large 1 BR & 1 BA with a sleeping loft) and downstairs (2 BR & 1.5 BA) units, with an exterior staircase. Both units have a front & rear porch, balcony, or deck. For your parking convenience, an off-street spot is in front of the property. Prime location, opportunity & value!

    Zillow last checked:

    Listing updated:

    Listed by:

    Vic Musmanno 305-304-2623,

    Coldwell Banker Schmitt Real Estate Co. (KW)

    Bought with:

    Vic Musmanno, 673105

    Coldwell Banker Schmitt Real Estate Co. (KW)

    Source: FLKMLS,MLS#: 612553MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Cooling
    • Wall/Window Unit(s), Ceiling Fans(s)
    Features
    • Flooring: Tile, Wood, Laminate
    Interior area
    • Total structure area: 1,296
    • Total interior livable area: 1,296 sqft

    Property

    Features
    • Patio & porch: Open Porch/Balcony, Deck, Patio
    • Exterior features: Storage
    • Fencing: Fenced
    Lot
    • Size: 1,978 Square Feet
    • Dimensions: 22.5 x 93
    Details
    • Additional structures: Shed(s)
    • Parcel number: 00003620000100
    • Zoning: HMDR - Historic Medium Density Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Frame
    Condition
    • Year built: 1923

    Utilities & green energy

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

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $656/sqft
    • Tax assessed value: $914,856
    • Annual tax amount: $7,266
    • Date on market: 12/6/2024
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/31/2025Sold$850,000-14.1%$656/sqft
    Source: FLKMLS #612553 Report a problem
    10/6/2025Pending sale$990,000$764/sqft
    Source: FLKMLS #612554 Report a problem
    10/1/2025Contingent$990,000$764/sqft
    Source: Key West AOR #612553 Report a problem
    6/11/2025Price change$990,000-28.8%$764/sqft
    Source: Key West AOR #612554 Report a problem
    5/13/2025Price change$1,390,000-3.5%$1,073/sqft
    Source: Key West AOR #612553 Report a problem
    1/31/2025Price change$1,440,000-3.4%$1,111/sqft
    Source: FLKMLS #612554 Report a problem
    12/6/2024Listed for sale$1,490,000+198%$1,150/sqft
    Source: Key West AOR #612553 Report a problem
    8/3/2009Sold$500,000-12.3%$386/sqft
    Source: FLKMLS #108644 Report a problem
    4/7/2003Sold$570,000+90%$440/sqft
    Source: Public Record Report a problem
    6/12/2000Sold$300,000$231/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,147 +7.6%$818,809 +10%
    2024$7,568 +6.6%$744,372 +10%
    2023$7,096 +13.5%$676,702 +10%
    2022$6,254 +8.7%$615,184 +10%
    2021$5,753 +4.6%$559,258 +4.9%
    2020$5,499 $533,065 +6.7%
    2019$5,499 +4.9%$499,602 -8.4%
    2018$5,241 -6%$545,625 0%
    2017$5,574 +3.5%$545,654 +6.4%
    2016$5,385 +2.3%$512,724 +32%
    2015$5,263 $388,334
    Find assessor info on the county website

    Neighborhood: Historic Seaport

    Nearby homes

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $867,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $867,300

    Nearby cities

    Nearby neighborhoods

    Nearby zip codes

    Other Key West Topics

      Search
      Updates
      Favorites
      Plan
      Inbox