Updated home in a prime central Key West location! Perfect for a local buyer or as an affordable second home in a quieter part of town, this move-in-ready property offers comfort, convenience, and tropical charm.
The home features two generously sized bedrooms, two full bathrooms, and is situated on a corner lot in New Town. Warm wood flooring runs throughout, while the kitchen and dining area showcase Corian countertops, stainless steel appliances, classic wainscoting details, and a timeless neutral coastal palette that creates a bright, relaxed island atmosphere.
French doors offer a bright and inviting living area and open to a composite deck and a lush, fully fenced yard, creating an ideal setting for indoor-outdoor living. Enjoy your morning coffee from the upstairs porch overlooking the tropical landscape, complete with a peek-a-boo view of the nearby park and recreational facilities.
The private, gated yard is a true island retreat, featuring banana and mature mango trees that produce an abundance of fruit, vibrant bougainvillea, and an outdoor shower that's perfect after beach or boating days. Additional highlights include off-street parking, no HOA fees, and a welcoming townhome-style layout designed for easy living.
Conveniently located near schools, shopping, beaches, grocery stores, sports fields, and movie theaters, this home offers the best of the Key West lifestyle, with everyday conveniences just a short walk or bike ride away.
Under contract
Price cut: $5K (8/20)
$584,900
3201 Pearl Ave, Key West, FL 33040
2beds
1,032sqft
Townhouse
Built in 1988
1,306 Square Feet Lot
$571,000 Zestimate®
$567/sqft
$-- HOA
What's special
Two generously sized bedroomsComposite deckTimeless neutral coastal paletteOff-street parkingBright relaxed island atmosphereClassic wainscoting detailsPrivate gated yard
- 98 days
- 2,040
- 153
Zillow last checked:
Listing updated:
Listed by:
Epperly - Celli Team,
Engel & Voelkers Key West
Source: FLKMLS,MLS#: 620466
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Wall/Window Unit(s), Ceiling Fans(s)
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Stainless Steel Appliance(s)
Features
- Flooring: Tile, Wood
Interior area
- Total structure area: 1,032
- Total interior livable area: 1,032 sqft
Property
Features
- Patio & porch: Open Porch/Balcony, Deck, Roof Top Deck, Patio
- Exterior features: Outdoor Shower
Lot
- Size: 1,306 Square Feet
Details
- Parcel number: 00052890003200
- Zoning: MDR-1 - Medium Desnity Residential
Construction
Type & style
- Home type: Townhouse
- Architectural style: Townhouse
- Property subtype: Townhouse
Materials
- Combo Construction
Condition
- Year built: 1988
Community & HOA
Community
- Subdivision: New Town - Unlisted (2.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $567/sqft
- Tax assessed value: $458,349
- Annual tax amount: $4,334
- Date on market: 7/1/2026
Estimated market value
$571,000
$542,000 - $600,000
$4,286/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2026 | Contingent | $584,900$567/sqft |
Source: | ||
| 8/20/2026 | Price change | $584,900-0.8%$567/sqft |
Source: | ||
| 7/15/2026 | Price change | $589,900-3.3%$572/sqft |
Source: | ||
| 7/1/2026 | Listed for sale | $610,000+3.4%$591/sqft |
Source: | ||
| 4/22/2022 | Sold | $590,000+7.5%$572/sqft |
Source: | ||
| 3/19/2022 | Contingent | $549,000$532/sqft |
Source: | ||
| 3/19/2022 | Listed for sale | $549,000+19.3%$532/sqft |
Source: | ||
| 9/7/2021 | Sold | $460,000+46%$446/sqft |
Source: Public Record Report a problem | ||
| 2/19/2015 | Sold | $315,000-4.5%$305/sqft |
Source: | ||
| 12/23/2014 | Pending sale | $329,750$320/sqft |
Source: KW Royal Palms Realty LLC #120669 Report a problem | ||
| 11/21/2014 | Listed for sale | $329,750+131.4%$320/sqft |
Source: KW Royal Palms Realty LLC #120669 Report a problem | ||
| 1/19/2012 | Sold | $142,500+0.1%$138/sqft |
Source: Public Record Report a problem | ||
| 9/16/2011 | Listing removed | $142,404$138/sqft |
Source: Listhub #114123 Report a problem | ||
| 8/20/2011 | Price change | $142,404-13.7%$138/sqft |
Source: Listhub #114123 Report a problem | ||
| 8/12/2011 | Price change | $165,000-0.5%$160/sqft |
Source: Listhub #114123 Report a problem | ||
| 7/2/2011 | Listed for sale | $165,830-65.5%$161/sqft |
Source: Listhub #114123 Report a problem | ||
| 9/1/2004 | Sold | $480,000+126.4%$465/sqft |
Source: Public Record Report a problem | ||
| 9/4/2002 | Sold | $212,000$205/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,334 +3.5% | $458,349 +1.7% |
| 2024 | $4,188 +1% | $450,473 +2.4% |
| 2023 | $4,146 +6.9% | $439,998 +5.8% |
| 2022 | $3,879 +27.2% | $415,918 +38.9% |
| 2021 | $3,050 +2.9% | $299,445 +2.9% |
| 2020 | $2,963 | $291,000 +1% |
| 2019 | $2,963 +0.2% | $288,028 +4.1% |
| 2018 | $2,957 +1.8% | $276,777 -0.8% |
| 2017 | $2,904 -2.2% | $278,898 +4.1% |
| 2016 | $2,969 -1.4% | $267,987 +7.7% |
| 2015 | $3,011 | $248,850 |
Find assessor info on the county website
Monthly payment
Est. payment





