Skip main navigation
Sold for $1,400,000
  • $1,400,000

    515 Petronia St, Key West, FL 33040

    2beds
    1,200sqft
    Single Family Residence
    Built in 1968
    3,049.2 Square Feet Lot
    $1,402,200 Zestimate®
    $1,167/sqft
    $5,458 Estimated rent

    Home value

    $1,402,200

    $1.23M - $1.60M

    $5,458/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $5,458/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $5,458/mo

    Rent Zestimate®

    Refinance and save

    $8,477/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $8,477/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Gated entryTranquil poolside courtyardAzek deckingGranite countertopsRecently resurfaced swimming poolTwo off-street parking spacesFully enclosed backyard retreat
    Introducing 515 Petronia Street, a rare Old Town offering where refined island living aligns with proven investment fundamentals. Ideally positioned between Simonton and Duval Streets, this 2-bedroom, 2-bath residence places Key West's most iconic dining, shopping, and nightlife just steps away, while maintaining a private, resort-style atmosphere.A gated entry opens to a tranquil poolside courtyard, setting the tone for seamless indoor-outdoor living. French doors connect the living spaces to the outdoors, and each bedroom enjoys access to its own private patio.The kitchen features custom wood cabinetry, granite countertops, & stainless steel appliances including a gas range. Bathrooms are updated with clean, contemporary finishes, dual vanities with vessel sinks, polished chrome fixtures, & discreetly integrated in-unit laundry.The fully enclosed backyard retreat serves as the home's centerpiece, anchored by a recently resurfaced swimming pool, multiple lounge areas, and an expansive covered outdoor bar and entertaining pavilion complete with refrigeration, mounted televisions, and ambient lighting. Mature palms and tropical landscaping provide exceptional privacy and a true resort-style setting.The property benefits from high-quality, low-maintenance improvements, including a 2018 roof with Berridge Victorian metal shingles, Hardie plank siding, and Azek decking. A rare advantage in Old Town, two off-street parking spaces enhance both convenience and long-term desirability. An established professional vacation management program is already in place, offering a seamless transition for buyers seeking immediate income with minimal operational involvement.Whether held as a refined second home, a professionally managed asset, or a strategic blend of both, 515 Petronia Street represents a compelling Old Town acquisition defined by location, scarcity, quality construction, and enduring value.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tommy Mack 305-731-7910,

    Coastal Collection Real Estate Inc.,

    Jenny Benson,

    Coastal Collection Real Estate Inc.

    Bought with:

    Tommy Mack, 3285624

    Coastal Collection Real Estate Inc.

    Source: FLKMLS,MLS#: 618308MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Gas Appliances, Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
    Features
    • Flooring: Tile
    • Doors: French Doors
    • Windows: Panel
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,200 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Off Street
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Patio
    • Exterior features: Bar, Storage
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Concrete
    • Fencing: Fenced
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Size: 3,049 sqft
    • Dimensions: 38 x 95
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00015960000100
    • Zoning: HRCC
    • Zoning description: (1 4) - Hist Res Comm Core 1-4 SF Specl

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Hardi Board Siding
    • Roof: Metal
    Condition
    • Year built: 1968

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA

    Community & neighborhood

    Location
    • Region: Key West
    • Subdivision: Old Town - Unrecord (1.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Price history

    DateEventPrice
    3/31/2026Sold$1,400,000$1,167/sqft
    Source: FLKMLS #618308 Report a problem
    1/30/2026Contingent$1,400,000$1,167/sqft
    Source: Key West AOR #618308 Report a problem
    1/26/2026Listed for sale$1,400,000+21.7%$1,167/sqft
    Source: FLKMLS #618308 Report a problem
    6/10/2021Sold$1,150,000-4.1%$958/sqft
    Source: Public Record Report a problem
    1/20/2021Price change$1,199,000-4%$999/sqft
    Source: FLKMLS #593887 Report a problem
    12/24/2020Listed for sale$1,249,000+38.8%$1,041/sqft
    Source: FLKMLS #593887 Report a problem
    12/17/2020Sold$900,000-30.5%$750/sqft
    Source: Public Record Report a problem
    11/3/2020Price change$1,295,000-7.4%$1,079/sqft
    Source: Century 21 Island Life - Key West #591943 Report a problem
    8/31/2020Price change$1,399,000-3.5%$1,166/sqft
    Source: Century 21 Island Life - Key West #591943 Report a problem
    8/3/2020Listed for sale$1,450,000+52.6%$1,208/sqft
    Source: Century 21 Island Life - Key West #591943 Report a problem
    6/6/2007Sold$950,000+227.6%$792/sqft
    Source: FLKMLS #105258 Report a problem
    8/7/1998Sold$290,000$242/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,681 +6.9%$1,431,288 +10%
    2024$11,863 +10.5%$1,301,171 +10%
    2023$10,737 +15.2%$1,182,883 +10%
    2022$9,321 +22.5%$1,075,348 +31.2%
    2021$7,607 +6.6%$819,841 +1.3%
    2020$7,139 $809,476 -3.5%
    2019$7,139 -5.2%$838,617 +15.8%
    2018$7,532 +9.3%$724,192 -0.3%
    2017$6,890 +3.8%$726,471 +11.7%
    2016$6,635 +4.3%$650,344 +16%
    2015$6,362 $560,729

    Find assessor info on the county website

    Neighborhood: Duvall Street

    Nearby schools

    GreatSchools rating
    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
    $1,402,200
    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
    $1,402,200