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 Square Feet Lot
$1,504,500 Zestimate®
$743/sqft
$7,677 Estimated rent
Home value
$1,504,500
$1.31M - $1.73M
$7,677/mo
Zestimate® history
Owner options
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$7,677/mo
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$7,677/mo
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$9,042/mo
Est. payment
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$9,042/mo
Est. payment
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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
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Cooling
- None
Appliances
- Included: None
Features
- Flooring: Wood
Interior area
- Total structure area: 2,020
- Total interior livable area: 2,020 sqft
Property
Features
- Patio & porch: Open Porch/Balcony
Lot
- Size: 4,791 Square Feet
Details
- Additional parcels included: 00025520-000000
- Parcel number: 00025520000000
- Zoning: HMDR - Historic Medium Density Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Stucco
Condition
- Fixer
- New construction: No
- Year built: 1944
Community & HOA
Community
- Features: Other
- Security: No Security
- Subdivision: Old Town - Unlisted (1.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $743/sqft
- Tax assessed value: $1,327,079
- Annual tax amount: $9,290
- Date on market: 7/30/2024
- Listing terms: Cash,Other
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
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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
$1,504,500
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Estimated market value
$1,504,500
- Florida
- Monroe County
- Key West
- 33040
- Bahama Village
- 324 Truman Ave
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