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.
For sale
Price cut: $16K (6/16)
$599,000
3205 Pearl Ave, Key West, FL 33040
2beds
1,032sqft
Townhouse
Built in 1988
1,742 Square Feet Lot
$587,400 Zestimate®
$580/sqft
$-- HOA
What's special
Inviting residence
- 233 days |
- 684 |
- 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#: 617888
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
Zestimate®
$587,400
Estimated sales range
$558,000 - $617,000
Rent Zestimate®
$4,256/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $599,000-2.6%$580/sqft |
Source: | ||
| 3/22/2026 | Listed for sale | $615,000$596/sqft |
Source: | ||
| 3/11/2026 | Contingent | $615,000$596/sqft |
Source: | ||
| 3/3/2026 | Price change | $615,000-1.6%$596/sqft |
Source: | ||
| 1/1/2026 | Listed for sale | $625,000+89.4%$606/sqft |
Source: | ||
| 5/24/2017 | Sold | $330,000+10%$320/sqft |
Source: | ||
| 10/3/2016 | Price change | $300,000-8.8%$291/sqft |
Source: RE/MAX KEYS CONNECTION #571831 Report a problem | ||
| 9/1/2016 | Price change | $329,000-17.5%$319/sqft |
Source: RE/Max Keys Connection #571831 Report a problem | ||
| 6/16/2016 | Listed for sale | $399,000+42.5%$387/sqft |
Source: Owner Report a problem | ||
| 8/30/2004 | Sold | $280,000$271/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: New Town
Nearby schools
GreatSchools rating
- 7/10Poinciana Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 2/10Lower Keys Academic Connections for ExcellenceGrades: 6-12Distance: 1 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 1 mi
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