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Sold for $1,550,000
    • $1,550,000

    3405 16th Ter, Key West, FL 33040

    3beds
    2,050sqft
    Single Family Residence
    Built in 1968
    0.33 Acres Lot
    $1,550,200 Zestimate®
    $756/sqft
    $6,542 Estimated rent

    Home value

    $1,550,200

    $1.38M - $1.74M

    $6,542/mo

    Zestimate® history
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    What's special

    Metal roofTrue sense of privacyThoughtful updatesAbundant parkingOversized lotOutdoor showerGenerous living spaces
    A private Key West retreat designed for easy indoor-outdoor living. This stylish 3-bedroom, 2.5-bath home offers a relaxed tropical setting with generous living spaces that open effortlessly to the pool and expansive patio. The oversized lot creates a true sense of privacy, with multiple areas for lounging, dining and entertaining beneath the palms and tiki-covered spaces. A 14' x 28' pool anchors the backyard, while thoughtful updates, a metal roof, outdoor shower and abundant parking add everyday functionality. Conveniently located in New Town, this home captures the laid-back Keys lifestyle with space to unwind, entertain and enjoy island living at its best.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa H Ferringo 305-797-1221,

    Coldwell Banker Schmitt Real Estate Co

    Bought with:

    Lisa H Ferringo, 605677

    Coldwell Banker Schmitt Real Estate Co

    Source: FLKMLS,MLS#: 621303MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Ice Maker
    Features
    • Flooring: Tile, Vinyl
    • Furnished: Yes
    Interior area
    • Total structure area: 2,050
    • Total interior livable area: 2,050 sqft

    Property

    Parking
    • Parking features: Open, Storage
    • Has uncovered spaces: Yes
    Features
    • Exterior features: Chickee Hut
    • Has private pool: Yes
    • Pool features: In Ground
    Lot
    • Size: 0.33 Acres
    • Dimensions: 47 X 131
    Details
    • Additional structures: Shed(s)
    • Parcel number: 00056920000000
    • Zoning: SF - Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1968

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $756/sqft
    • Tax assessed value: $1,112,329
    • Annual tax amount: $9,713
    • Date on market: 9/15/2026

    Price history

    DateEventPrice
    9/15/2026Sold$1,550,000-1.6%$756/sqft
    Source: FLKMLS #621303 Report a problem
    2/22/2026Listed for sale$1,575,000$768/sqft
    Source: Key West AOR #618439 Report a problem
    2/7/2026Contingent$1,575,000$768/sqft
    Source: FLKMLS #618439 Report a problem
    2/2/2026Listed for sale$1,575,000+115.8%$768/sqft
    Source: Key West AOR #618439 Report a problem
    6/4/2021Sold$730,000-8.6%$356/sqft
    Source: FLKMLS #594068 Report a problem
    4/10/2021Contingent$799,000$390/sqft
    Source: FLKMLS #594068 Report a problem
    1/17/2020Listed for sale$799,000-2.4%$390/sqft
    Source: Berkshire Hathaway Knight & Gardner Realty #589224 Report a problem
    10/11/2019Listing removed$819,000$400/sqft
    Source: Berkshire Hathaway Knight & Gardner Realty #582265 Report a problem
    4/20/2019Price change$819,000-3.5%$400/sqft
    Source: Berkshire Hathaway Knight & Gardner Realty (KW) #582265 Report a problem
    10/12/2018Listed for sale$849,000$414/sqft
    Source: Berkshire Hathaway Knight & Gardner Realty (KW) #582265 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,713 -2.7%$1,112,329 -2.5%
    2024$9,981 +4.8%$1,140,885 +10%
    2023$9,521 +17.8%$1,037,168 +12.1%
    2022$8,080 +21.5%$924,871 +30.2%
    2021$6,649 +1.3%$710,461 +1%
    2020$6,565 $703,385 -0.9%
    2019$6,565 -1.7%$709,819 +3.9%
    2018$6,675 +1.6%$683,360 +1.7%
    2017$6,568 -0.1%$671,700 +5.5%
    2016$6,572 +2.2%$636,513 +6.6%
    2015$6,431 $596,876
    Find assessor info on the county website

    Neighborhood: New Town

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    Estimated market value
    $1,550,200
    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
    $1,550,200

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