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!
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
$825,200 Zestimate®
$548/sqft
$4,282 Estimated rent
Home value
$825,200
$784,000 - $866,000
$4,282/mo
Zestimate® history
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$4,282/mo
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$4,282/mo
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$2,992/mo
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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#: 614568
Originating MLS: Marathon/Lower Keys
Originating MLS: Marathon/Lower KeysFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Refrigerator, Oven, Range
Features
- Flooring: Tile, Carpet
- Doors: Sliding Glass Doors
- Windows: Single Hung Windows
Interior area
- Total interior livable area: 912 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Covered
Accessibility
- Accessibility features: No, None
Features
- Patio & porch: Open Porch/Balcony
- Exterior features: Storage
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Front, Waterfront, Dockage: None
Lot
- Size: 6,534 sqft
- Dimensions: 60 x 110
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00219640
- Zoning: IS
- Zoning description: Improved Subivision District
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Metal,Other
Condition
- Fixer
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA
Community & neighborhood
Location
- Region: Little Torch Key
- Subdivision: Mates Beach (28.5)
HOA & financial
HOA
- Has HOA: No
- Services included: None
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Pending sale | $849,000$931/sqft |
Source:  FLKMLS #619133 Report a problem | ||
| 4/20/2026 | Price change | $849,000-1.2%$931/sqft |
Source:  Key West AOR #619133 Report a problem | ||
| 4/13/2026 | Price change | $859,000-1.3%$942/sqft |
Source: FLKMLS #619133 Report a problem | ||
| 4/2/2026 | Price change | $870,000-0.6%$954/sqft |
Source:  MLKAR #619133 Report a problem | ||
| 3/23/2026 | Price change | $875,000-0.5%$959/sqft |
Source: Key West AOR #619133 Report a problem | ||
| 3/19/2026 | Price change | $879,000-0.7%$964/sqft |
Source: FLKMLS #619133 Report a problem | ||
| 3/18/2026 | Price change | $885,000-1.1%$970/sqft |
Source: Owner Report a problem | ||
| 3/13/2026 | Price change | $895,000-0.4%$981/sqft |
Source: Owner Report a problem | ||
| 3/9/2026 | Price change | $899,000-0.1%$986/sqft |
Source: Owner Report a problem | ||
| 3/8/2026 | Listed for sale | $899,900+80%$987/sqft |
Source: Owner Report a problem | ||
| 6/27/2025 | Sold | $500,000-16.5%$548/sqft |
Source: FLKMLS #614568 Report a problem | ||
| 6/10/2025 | Pending sale | $599,000$657/sqft |
Source: FLKMLS #614568 Report a problem | ||
| 4/9/2025 | Listed for sale | $599,000$657/sqft |
Source: FLKMLS #614568 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 6/10Sugarloaf SchoolGrades: PK-8Distance: 8.8 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 25.7 mi
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Estimated market value
$825,200
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
$825,200
- Florida
- Monroe County
- Summerland Key
- 33042
- 538 Powell Ave
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