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For sale
  • Price cut: $16K (6/16)
    $599,000

    3205 Pearl Ave, Key West, FL 33040

    2beds
    1,032sqft
    : 
    $3,619/mo
    Get pre-qualified
    Townhouse
    Built in 1988
    1,742 Square Feet Lot
    $587,400 Zestimate®
    $580/sqft
    $-- HOA

    What's special

    Inviting residence
    Located in one of Key West's most desirable townhome communities, this inviting residence offers comfort, flexibility, and value — all with no HOA and no monthly fees. The main level features a full bathroom with a shower, along with washer and dryer conveniently located on the outside porch. The living area flows seamlessly into a well-sized kitchen and dining space, creating an easy and functional layout for everyday living. Upstairs, you'll find two bedrooms, a full bath, and a private deck accessible from both bedrooms, offering a peaceful spot to enjoy the island breezes. This home presents wonderful potential and works beautifully as either a primary residence or an investment property. The property is fenced, private, and ideally located in New Town, Key West, close to shopping, dining, and everyday conveniences. A rare opportunity to own in a well-established Key West community — don't miss your chance to make it yours.
    233 days
    |
    675
    |
    49
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Miriam Novotny 305-942-9684,

    Compass Florida, LLC,

    Paul Brooks 828-674-6137,

    Compass Florida, LLC

    Source: FLKMLS,MLS#: 617888MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Appliances
      • Included: Washer, Dryer, Refrigerator
      Features
      • Flooring: Tile
      Interior area
      • Total structure area: 1,032
      • Total interior livable area: 1,032 sqft

      Property

      Features
      • Patio & porch: Open Porch/Balcony
      Lot
      • Size: 1,742 Square Feet
      Details
      • Parcel number: 00052890003000
      • Zoning: MDR-1 - Medium Desnity Residential

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Townhouse
      • Property subtype: Townhouse
      Materials
      • Frame
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1988

      Community & HOA

      Community
      • Subdivision: Key West Fwdn Sub (4.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key West

      Financial & listing details

      • Price per square foot: $580/sqft
      • Tax assessed value: $439,949
      • Annual tax amount: $4,042
      • Date on market: 3/22/2026

        Estimated market value

        $587,400

        $558,000 - $617,000

        $4,256/mo

        Price history

        DateEventPrice
        6/16/2026Price change$599,000-2.6%$580/sqft
        Source: FLKMLS #617888 Report a problem
        3/22/2026Listed for sale$615,000$596/sqft
        Source: Key West AOR #617888 Report a problem
        3/11/2026Contingent$615,000$596/sqft
        Source: Key West AOR #617888 Report a problem
        3/3/2026Price change$615,000-1.6%$596/sqft
        Source: FLKMLS #617888 Report a problem
        1/1/2026Listed for sale$625,000+89.4%$606/sqft
        Source: Key West AOR #617888 Report a problem
        5/24/2017Sold$330,000+10%$320/sqft
        Source: FLKMLS #571831 Report a problem
        10/3/2016Price change$300,000-8.8%$291/sqft
        Source: RE/MAX KEYS CONNECTION #571831 Report a problem
        9/1/2016Price change$329,000-17.5%$319/sqft
        Source: RE/Max Keys Connection #571831 Report a problem
        6/16/2016Listed for sale$399,000+42.5%$387/sqft
        Source: Owner Report a problem
        8/30/2004Sold$280,000$271/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,042 +8.1%$413,248 +10%
        2024$3,740 +4.9%$375,680 +10%
        2023$3,567 +13.1%$341,527 +10%
        2022$3,153 +8.7%$310,479 +10%
        2021$2,899 -0.6%$282,254 -1.2%
        2020$2,916 $285,564 +0.5%
        2019$2,916 -0.3%$284,216 +5.3%
        2018$2,924 +2.9%$269,819 +7.9%
        2017$2,841 +13%$249,962 +0.9%
        2016$2,514 +0.4%$247,834 +16.5%
        2015$2,503 $212,742
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: New Town

        Getting around

        63 / 100
        Somewhat Walkable
        22 / 100
        Minimal Transit
        96 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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