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Off market
  • $1,487,000

    3405 16th Ter, Key West, FL 33040

    3beds
    2,050sqft
    SingleFamily
    Built in 1968
    0.33 Acres Lot
    $1,487,000 Zestimate®
    $725/sqft
    $5,613 Estimated rent

    Home value

    $1,487,000

    $1.41M - $1.56M

    $5,613/mo

    Zestimate® history
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    $5,613/mo

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    $8,944/mo

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    What's special

    Lots of possibilities! Water views from the roof plus largest lot in Pearlman Ter! If you build a roof top deck, you could easily enjoy the water views pictured. Unique opportunity to design one of a kind outside living space, plus store your toys & expand the residence. All other active listings in Pearlman Ter are less than half the size of this lot. Spacious 3 bed, 2.5 bath configuration w/ dated interior, needs some updates. Den & master bedroom have sliding glass doors which lead out to covered 26 X 11.5 ft patio overlooking pool. Large master bedroom w/walk-in closet & ensuite bath. Attached carport allows you to get from car to inside of house while being protected from weather. Accordion shutters protect sliding glass doors & most other windows. Laundry room & newer sewer latera

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • None
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    Features
    • Walk-in Closet, Drapes/Blinds Incl, Wet Bar
    • Flooring: Tile, Carpet
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,050 sqft

    Property

    Parking
    • Parking features: Carport
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.33 Acres
    Details
    • Parcel number: 00056920000000
    • Zoning: SF - Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Concrete Block
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Year built: 1968

    Utilities & green energy

    • Utilities for property: FKAA, Municipal Sewer

    Community & HOA

    Community
    • Features: On Site Laundry Available
    Location
    • Region: Key West

    Financial & listing details

    • Price per square foot: $725/sqft
    • Tax assessed value: $1,112,329
    • Annual tax amount: $9,713

    Price history

    DateEventPrice
    7/1/2026Listing removed$1,575,000$768/sqft
    Source: FLKMLS #618439 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

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,487,000
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    Estimated market value
    $1,487,000