Opportunity meets location in the heart of Key West's increasingly sought-after Bahama Village. Situated on a generously sized lot, 316 Virginia Street offers an exciting opportunity to expand, renovate and reimagine, creating a quintessential Key West retreat in one of the island's most vibrant and evolving neighborhoods.
The property's standout feature is the size and versatility of the lot. A large backyard provides plenty of room for a pool and outdoor living, while off-street parking along the side of the property adds a highly desirable Key West convenience. With no significant tree obstacles to design around, the property offers greater flexibility when planning a renovation and making the most of the outdoor space.
And then there's the location. Steps from Truman Waterfront Park, Amphitheater and Fort Zachary Taylor Historic State Park--home to Key West's most beloved beach--some of the island's best recreation is practically at your doorstep. Iconic Key West destinations including Duval Street, the Southernmost Point, and the Key West Lighthouse are also just blocks away.
With Bahama Village continuing to draw attention for its unique island flavor, walkability, restaurants, entertainment, and proximity to the waterfront, this property is an opportunity to transform an existing Key West cottage into something truly special--with the lot, parking, backyard, and location to bring the vision together.
A large lot. Room for a pool. Off-street parking. An exceptional Key West location--and endless potential.
For sale
$739,000
316 Virginia St, Key West, FL 33040
2beds
390sqft
Single Family Residence
Built in 1915
2,178 Square Feet Lot
$708,500 Zestimate®
$1,895/sqft
$-- HOA
What's special
Large backyardOff-street parkingGenerously sized lot
- 13 days
- 1,608
- 61
Zillow last checked:
Listing updated:
Listed by:
Epperly - Celli Team,
Engel & Voelkers Key West
Source: FLKMLS,MLS#: 621364
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: None
Interior area
- Total structure area: 390
- Total interior livable area: 390 sqft
Property
Lot
- Size: 2,178 Square Feet
Details
- Parcel number: 00026020000000
- Zoning: HMDR - Historic Medium Density Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Shotgun
- Property subtype: Single Family Residence
Materials
- Combo Construction
Condition
- Year built: 1915
Community & HOA
Community
- Subdivision: Old Town - Unrecord (1.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $1,895/sqft
- Tax assessed value: $662,748
- Annual tax amount: $4,836
- Date on market: 9/21/2026
Estimated market value
$708,500
$673,000 - $744,000
$2,821/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Listed for sale | $739,000$1,895/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,837 +4.1% | $439,374 +10% |
| 2024 | $4,645 +2.1% | $399,431 +10% |
| 2023 | $4,550 +30.2% | $363,119 +10% |
| 2022 | $3,495 +7.9% | $330,108 +10% |
| 2021 | $3,241 +6.4% | $300,123 +10% |
| 2020 | $3,045 | $272,839 -25.7% |
| 2019 | $3,045 +1.4% | $367,048 |
| 2018 | $3,003 +2.9% | $367,048 |
| 2017 | $2,917 +2.9% | $367,048 +20.6% |
| 2016 | $2,835 +7.8% | $304,267 +53.6% |
| 2015 | $2,629 | $198,031 |
Find assessor info on the county website
Monthly payment
Est. payment





