TRIPLEX in Old Town Key West on large corner lot. Close to famous Duval Street. This historic Circa 1901 property offers almost 2700 sf ft of living space. Currently configured as three apartments but would make a grand conversion to a single-family home. Main floor offers two apartments, and the upper level has a spacious apartment with access to finished 3rd story attic space. Ideal location in the heart of Old Town near dining, shopping, and the Seaport.
Unit 1: 1/1 could easily be used as a 2/1 1st floor apartment.
Unit 2: 1/1 1st floor apartment
Unit 3: 2nd and 3rd floor 1/1 plus finished attic space which could be used as additional bedroom/ office space. (4 electric meters & 1 water meter) Off Street Parking! Basement Storage. Endless potential and prime location.
Sold for $1,425,000
$1,425,000
602 Southard St, Key West, FL 33040
3beds
2,671sqft
Multi Family
Built in 1901
-- sqft lot
$1,412,600 Zestimate®
$534/sqft
$4,269 Estimated rent
Home value
$1,412,600
$1.24M - $1.60M
$4,269/mo
Zestimate® history
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$4,269/mo
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$8,592/mo
Est. payment
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$8,592/mo
Est. payment
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Spacious apartment
Zillow last checked:
Listing updated:
Listed by:
Bascom L Grooms 305-304-7444,
Bascom Grooms Real Estate (KW)
Bought with:
Rick L Lively, 3025597
Coldwell Banker Schmitt Real Estate Co. (KW)
Source: FLKMLS,MLS#: 614521
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Wall/Window Unit(s), Ceiling Fans(s)
Appliances
- Included: Washer, Dryer, Refrigerator, Range, Oven
Features
- Built-in Features
- Flooring: Tile, Wood, Combination
Interior area
- Total structure area: 2,671
- Total interior livable area: 2,671 sqft
Property
Features
- Patio & porch: Open Porch/Balcony
- Fencing: Fenced
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 00012150000100
- Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- Year built: 1901
Utilities & green energy
- Utilities for property: Elect Separate Meter
Community & HOA
Community
- Subdivision: Old Town - Unlisted (1.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $534/sqft
- Tax assessed value: $1,740,819
- Annual tax amount: $13,566
- Date on market: 5/29/2025
- Listing terms: Seller Finance Psble,Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2025 | Sold | $1,425,000-10.9%$534/sqft |
Source:  FLKMLS #614521 Report a problem | ||
| 7/8/2025 | Pending sale | $1,600,000$599/sqft |
Source: FLKMLS #614521 Report a problem | ||
| 6/6/2025 | Contingent | $1,600,000$599/sqft |
Source: FLKMLS #614521 Report a problem | ||
| 5/29/2025 | Listed for sale | $1,600,000$599/sqft |
Source:  Key West AOR #614521 Report a problem | ||
| 5/19/2025 | Contingent | $1,600,000$599/sqft |
Source: FLKMLS #614521 Report a problem | ||
| 4/22/2025 | Price change | $1,600,000-11.1%$599/sqft |
Source: FLKMLS #614521 Report a problem | ||
| 4/7/2025 | Listed for sale | $1,800,000$674/sqft |
Source: Key West AOR #614521 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,552 +7.3% | $1,464,286 +10% |
| 2024 | $13,567 +7.5% | $1,331,169 +10% |
| 2023 | $12,626 +14.2% | $1,210,154 +10% |
| 2022 | $11,057 +8.4% | $1,100,140 +10% |
| 2021 | $10,204 +7.3% | $1,000,127 +10% |
| 2020 | $9,512 | $909,206 -7.6% |
| 2019 | $9,512 +4.9% | $983,663 -8.7% |
| 2018 | $9,066 | $1,077,631 +9.7% |
| 2017 | -- | $982,776 +4.8% |
| 2016 | $8,503 +1.7% | $937,738 +26.4% |
| 2015 | $8,360 | $741,896 |
Find assessor info on the county website
Neighborhood: Old Town
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Nearby schools
GreatSchools rating
- 3/10Horace O'bryant SchoolGrades: PK-8Distance: 0.9 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$1,412,600
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
$1,412,600
- Florida
- Monroe County
- Key West
- 33040
- Old Town
- 602 Southard St
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