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, Single Family Residence
Built in 1988
1,742 Square Feet Lot
$586,600 Zestimate®
$580/sqft
$-- HOA
What's special
Inviting residence
- 187 days |
- 1,290 |
- 53 |
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
Originating MLS: Key West Association
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Washer, Refrigerator, Dryer
Features
- Flooring: Tile
Interior area
- Total interior livable area: 1,032 sqft
Property
Parking
- Parking features: Off Street
Features
- Patio & porch: Open Porch/Balcony
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 1,742 Square Feet
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00052890003000
- Zoning: MDR-1
- Zoning description: Medium Desnity Residential
Construction
Type & style
- Home type: Townhouse
- Architectural style: Townhouse
- Property subtype: Townhouse, Single Family Residence
Materials
- Frame
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: FKAA
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: 1/1/2026
Estimated market value
$586,600
$557,000 - $616,000
$3,978/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 | $212,742 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Monroe County
- Key West
- 33040
- New Town
- 3205 Pearl Ave





