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Sold for $500,000
    • $500,000

    538 Powell Ave, Little Torch Key, FL 33042

    2beds
    912sqft
    Single Family Residence
    Built in 1987
    6,534 Square Feet Lot
    $828,200 Zestimate®
    $548/sqft
    $4,947 Estimated rent

    Home value

    $828,200

    $787,000 - $870,000

    $4,947/mo

    Zestimate® history
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    What's special

    Looking for a simple canal-front retreat with boating access in the Lower Keys? This classic stilted 2-bedroom, 1.5-bath cottage is full of potential for the right buyer. Located in a welcoming community of boating homes, this property offers an open-concept kitchen, dining, and living area that flows out to a covered rear porch—perfect for relaxing and enjoying the peaceful canal views. Though the home is ready for some TLC, it presents a great opportunity to create your own slice of paradise. With direct boating access and 64' of canal front, this could be the Keys getaway you've been waiting for. Conveniently located just a short walk to a waterfront restaurant, close to shopping, and only 30 minutes from the excitement of Key West. Bring your vision and make it yours!

    Zillow last checked:

    Listing updated:

    Listed by:

    Sandra Tuttle 305-923-9161,

    Island Welcome Real Estate

    Bought with:

    Angelina Will, 3485231

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Source: FLKMLS,MLS#: 614568MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Refrigerator, Range, Oven
    Features
    • Flooring: Tile, Carpet
    Interior area
    • Total structure area: 912
    • Total interior livable area: 912 sqft

    Property

    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Open Porch/Balcony
    • Exterior features: Storage
    • On waterfront: Yes
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 60 X 110
    Details
    • Parcel number: 00219640
    • Zoning: IS - Improved Subivision District

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Modular
    Condition
    • Fixer
    • New construction: No
    • Year built: 1987

    Community & HOA

    Community
    • Subdivision: Mates Beach (28.5)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Little Torch Key

    Financial & listing details

    • Price per square foot: $548/sqft
    • Tax assessed value: $505,425
    • Annual tax amount: $4,778
    • Date on market: 4/9/2025

    Price history

    DateEventPrice
    4/23/2026Pending sale$849,000$931/sqft
    Source: FLKMLS #619133 Report a problem
    4/20/2026Price change$849,000-1.2%$931/sqft
    Source: Key West AOR #619133 Report a problem
    4/13/2026Price change$859,000-1.3%$942/sqft
    Source: FLKMLS #619133 Report a problem
    4/2/2026Price change$870,000-0.6%$954/sqft
    Source: MLKAR #619133 Report a problem
    3/23/2026Price change$875,000-0.5%$959/sqft
    Source: Key West AOR #619133 Report a problem
    3/19/2026Price change$879,000-0.7%$964/sqft
    Source: FLKMLS #619133 Report a problem
    3/18/2026Price change$885,000-1.1%$970/sqft
    Source: Owner Report a problem
    3/13/2026Price change$895,000-0.4%$981/sqft
    Source: Owner Report a problem
    3/9/2026Price change$899,000-0.1%$986/sqft
    Source: Owner Report a problem
    3/8/2026Listed for sale$899,900+80%$987/sqft
    Source: Owner Report a problem
    6/27/2025Sold$500,000-16.5%$548/sqft
    Source: FLKMLS #614568 Report a problem
    6/10/2025Pending sale$599,000$657/sqft
    Source: FLKMLS #614568 Report a problem
    4/9/2025Listed for sale$599,000$657/sqft
    Source: FLKMLS #614568 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,255 +10%$505,425 +19%
    2024$4,779 +5.4%$424,872 +10%
    2023$4,534 +6.8%$386,247 +10%
    2022$4,245 +16.8%$351,134 +10%
    2021$3,635 -1.5%$319,213 -1%
    2020$3,690 $322,473 +7.1%
    2019$3,690 +5.4%$301,169 -1%
    2018$3,502 -2.9%$304,361
    2017$3,608 +3.2%$304,361 -0.8%
    2016$3,497 +2.1%$306,961 +2.1%
    2015$3,426 $300,701
    Find assessor info on the county website

    Neighborhood: 33042

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    Estimated market value
    $828,200
    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
    $828,200

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