Spacious, Turn-key Retreat on one of New Town's Largest Lots:Welcome to a rare opportunity in New Town - set on an oversized 14,000+ sq.ft. lot, one of the largest in the neighborhood. This 4- bedroom, 2.5 bath home offers the space, flexibility and outdoor living today's buyers are searching for, all in a move-in ready package.The backyard is the true showstopper. A 14 x 28 ft. swimming pool anchors an impressive 75ft outdoor entertaining area, complete with two tiki huts, creating the ultimate oasis for gatherings, relaxing weekends or sunset evenings under the palms. This is classic Key West living - private, expansive and designed for entertaining.Inside the home has been renovated with new flooring, updated AC and being SOLD fully furnished. The layout offers comfortable living for families, guests or those looking to spread out and enjoy single-family island living.The extra -large lot provides exceptional versatility with room for boat parking, RV parking, trailers and multiple vehicles - a rare and valuable feature in Key West.Whether you're a full-time resident, a growing family or someone who needs rooms for island toys and hobbies, this property delivers.Located in a quiet, established New Town neighborhood with easy access to beaches, shopping and downtown Key West, this home combines space, privacy and lifestyle in a way that's increasingly hard to find.A true island compound - turn-key, spacious and built for the way you want to live.
For sale
$1,575,000
3405 16th Ter, Key West, FL 33040
4beds
2,050sqft
Single Family Residence
Built in 1968
0.33 Acres Lot
$1,502,200 Zestimate®
$768/sqft
$-- HOA
What's special
Sold fully furnishedUpdated acTwo tiki hutsNew flooring
- 146 days |
- 1,158 |
- 91 |
Zillow last checked:
Listing updated:
Listed by:
Suzanne M Moore 305-797-0699,
Suzanne Moore Real Estate
Source: FLKMLS,MLS#: 618439
Originating MLS: Key West Association
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Cooling
- Central Air
Appliances
- Included: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Features
- Bar, Walk-In Closet(s), Storage, Built-in Cabinets
- Flooring: Tile, Laminate
- Windows: Drapes/Blinds Incl, Window Treatments, Single Hung Windows
- Furnished: Yes
Interior area
- Total interior livable area: 2,050 sqft
Property
Parking
- Total spaces: 4
- Parking features: RV Parking Open, Trailer Storage
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Ground Level
- Exterior features: Bar, Sprinkler System, Outdoor Shower
- Has private pool: Yes
- Pool features: Heated, In Ground
- Fencing: Privacy,Fenced
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 0.33 Acres
- Dimensions: 47 x 131
- Features: 1/4 - 1/2 Acre
Details
- Additional structures: Chickee Hut
- Parcel number: 00056920000000
- Zoning: SF
- Zoning description: Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: FKAA
Community & HOA
Community
- Security: Security System
- Subdivision: Pearlman Heights (4.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $768/sqft
- Tax assessed value: $1,112,329
- Annual tax amount: $9,713
- Date on market: 2/2/2026
Estimated market value
$1,502,200
$1.43M - $1.58M
$5,725/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/22/2026 | Listed for sale | $1,575,000$768/sqft |
Source: | ||
| 2/7/2026 | Contingent | $1,575,000$768/sqft |
Source: | ||
| 2/2/2026 | Listed for sale | $1,575,000+115.8%$768/sqft |
Source: | ||
| 6/4/2021 | Sold | $730,000-8.6%$356/sqft |
Source: | ||
| 4/10/2021 | Contingent | $799,000$390/sqft |
Source: | ||
| 1/17/2020 | Listed for sale | $799,000-2.4%$390/sqft |
Source: Berkshire Hathaway Knight & Gardner Realty #589224 Report a problem | ||
| 10/11/2019 | Listing removed | $819,000$400/sqft |
Source: Berkshire Hathaway Knight & Gardner Realty #582265 Report a problem | ||
| 4/20/2019 | Price change | $819,000-3.5%$400/sqft |
Source: Berkshire Hathaway Knight & Gardner Realty (KW) #582265 Report a problem | ||
| 10/12/2018 | Listed for sale | $849,000$414/sqft |
Source: Berkshire Hathaway Knight & Gardner Realty (KW) #582265 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $596,876 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 0.6 mi
- 10/10Sigsbee Charter SchoolGrades: K-8Distance: 1 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 1.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Monroe County
- Key West
- 33040
- New Town
- 3405 16th Ter




