DEVELOPER ALERT !!!!!PERMIT IS READY TO BE PICKED UP**Historic Old Town Home Ready for Rehabilitation**This charming property is located in a highly desirable X flood zone and offers 5,470 sq ft of land. HARC has already approved the rehabilitation of this historic home, increasing the current square footage from 2,020 to 2,575. The finished product will include 4 bedrooms, 4.5 bathrooms, a pool, and plenty of off-street parking--a prime need in Old Town. This home also offers a large open attic that could add living space.Situated just steps from the world-famous Duval Street, you'll enjoy the convenience of nearby attractions while being far enough to avoid the noise. This is a rare opportunity to own and restore a piece of Key West history.Manager of LLC is a License Florida Real Estate Agent.
Sold for $1,500,000
$1,500,000
324 Truman Ave, Key West, FL 33040
4beds
2,020sqft
Single Family Residence
Built in 1944
4,791.6 Square Feet Lot
$1,493,900 Zestimate®
$743/sqft
$6,981 Estimated rent
Home value
$1,493,900
$1.30M - $1.72M
$6,981/mo
Zestimate® history
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$8,971/mo
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Off-street parking
Zillow last checked:
Listing updated:
Listed by:
Louis M Paez 305-395-1081,
Coldwell Banker Schmitt Real Estate Co. (KW)
Bought with:
Barbara B Crespo, 653688
Keller Williams Key West Compass Realty
Source: FLKMLS,MLS#: 610933
Originating MLS: Key West Association
Originating MLS: Key West AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Cooling
- None
Appliances
- Included: No Appliances
Features
- Other, Other Specialty Room
- Flooring: Wood
- Windows: Single Hung Windows, Other
Interior area
- Total interior livable area: 2,020 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open Porch/Balcony
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 4,791 sqft
- Features: Less Than 1/4 Acre
Details
- Additional parcels included: 00025520000000
- Parcel number: 00025520000000
- Zoning: HMDR
- Zoning description: Historic Medium Density Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Stucco
- Roof: Metal
Condition
- Fixer
- New construction: No
- Year built: 1944
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: FKAA
Community & neighborhood
Security
- Security features: No Security
Community
- Community features: Other
Location
- Region: Key West
- Subdivision: Old Town - Unlisted (1.0)
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing terms: Cash,Other Specify
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2025 | Sold | $1,500,000-11.5%$743/sqft |
Source:  FLKMLS #610933 Report a problem | ||
| 4/20/2025 | Pending sale | $1,695,000$839/sqft |
Source: FLKMLS #610933 Report a problem | ||
| 3/10/2025 | Contingent | $1,695,000$839/sqft |
Source: FLKMLS #610933 Report a problem | ||
| 7/30/2024 | Listed for sale | $1,695,000-3.1%$839/sqft |
Source: FLKMLS #610933 Report a problem | ||
| 7/30/2024 | Listing removed | -- |
Source: FLKMLS #609315 Report a problem | ||
| 6/28/2024 | Price change | $1,750,000-10.3%$866/sqft |
Source:  Key West AOR #609315 Report a problem | ||
| 3/24/2024 | Listed for sale | $1,950,000+105.3%$965/sqft |
Source: Key West AOR #609315 Report a problem | ||
| 7/29/2020 | Sold | $950,000+5.7%$470/sqft |
Source: FLKMLS #585789 Report a problem | ||
| 5/13/2020 | Listed for sale | $899,000$445/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. (KW) #585789 Report a problem | ||
| 5/13/2020 | Pending sale | $899,000$445/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. (KW) #585789 Report a problem | ||
| 1/6/2020 | Pending sale | $899,000$445/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. #585789 Report a problem | ||
| 5/22/2019 | Listed for sale | $899,000+6100%$445/sqft |
Source: Coldwell Banker Schmitt Real Estate Co. (KW) #585789 Report a problem | ||
| 6/13/2002 | Sold | $14,500$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,958 +14.2% | $1,121,279 +24.7% |
| 2024 | $9,594 +3.3% | $899,319 +10% |
| 2023 | $9,290 +28.6% | $817,563 +10% |
| 2022 | $7,224 +6.7% | $743,239 +10% |
| 2021 | $6,772 +2.9% | $675,672 +2.8% |
| 2020 | $6,582 | $657,086 -4.3% |
| 2019 | $6,582 -4.5% | $686,965 -3.6% |
| 2018 | $6,892 -4.8% | $712,822 -0.6% |
| 2017 | $7,243 +6.8% | $717,339 +21.8% |
| 2016 | $6,779 +7.2% | $588,991 +13.6% |
| 2015 | $6,326 | $518,364 |
Find assessor info on the county website
Neighborhood: Bahama Village
Nearby schools
GreatSchools rating
- 3/10Horace O'bryant SchoolGrades: PK-8Distance: 1 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$1,493,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,493,900
- Florida
- Monroe County
- Key West
- 33040
- Bahama Village
- 324 Truman Ave
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