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Sold for $898,000
  • $898,000

    721 Galveston Ln, Key West, FL 33040

    3beds
    1,204sqft
    Single Family Residence
    Built in 1964
    3,049 Square Feet Lot
    $1,267,500 Zestimate®
    $746/sqft
    $5,166 Estimated rent

    Home value

    $1,267,500

    $1.13M - $1.42M

    $5,166/mo

    Zestimate® history
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    What's special

    Brand new metal roofSolid brick constructionSmall poolImpact glassFlorida roomLow maintenanceSeparate kitchen
    Do not miss this renovated, spacious, and bright Key West family-style home. Very low maintenance and rare CBS home in the heart of Old Town. If you're seasonal this home is super easy to ''lock and leave'' with solid brick construction, impact glass, and brand new metal roof. Located in flood zone X and all the new upgrades, insurance premiums should be very competitive. The home sits on a very quiet Old Town lane with very little traffic adjacent to a beautiful park with 100-year-old canopy trees. The home has 3 BR / 2 bath + Florida room (can be 4th bedroom), separate kitchen, dining & living room. Enjoy short walks, with only 2 blocks to Duval restaurants, galleries, museums, shopping, and the Historic Seaport. Room for a small pool and 2 parking spaces directly in front of home. This is one of the lowest priced homes in Old Town!

    Zillow last checked:

    Listing updated:

    Listed by:

    Derek Epperly, Pa,

    Keys Atlantic Realty

    Bought with:

    Jessica Blass

    Ocean Sotheby's International Realty

    Source: FLKMLS,MLS#: 606655MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Stainless Steel Appliance(s), Microwave, Oven
    Features
    • Flooring: Tile, Vinyl
    • Windows: Impact Rstnce Window
    Interior area
    • Total interior livable area: 1,204 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Size: 3,049 Square Feet
    • Dimensions: 2867
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00018940000000
    • Zoning: HMDR
    • Zoning description: Historic Medium Density Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    Condition
    • Year built: 1964

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Investment Co Sub (1.0)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Key West

    Financial & listing details

    • Price per square foot: $746/sqft
    • Tax assessed value: $985,194
    • Annual tax amount: $6,628
    • Date on market: 9/14/2023
    • Listing terms: Cash,VA Loan,Conventional

    Price history

    DateEventPrice
    12/8/2023Sold$898,000-14.4%$746/sqft
    Source: FLKMLS #606655 Report a problem
    12/7/2023Pending sale$1,049,000$871/sqft
    Source: FLKMLS #606655 Report a problem
    11/13/2023Contingent$1,049,000$871/sqft
    Source: Key West AOR #606655 Report a problem
    9/30/2023Price change$1,049,000-8.8%$871/sqft
    Source: Key West AOR #606655 Report a problem
    9/14/2023Price change$1,150,000+4.6%$955/sqft
    Source: Key West AOR #606655 Report a problem
    8/20/2023Price change$1,099,000-6.5%$913/sqft
    Source: FLKMLS #606223 Report a problem
    8/13/2023Price change$1,175,000-2%$976/sqft
    Source: FLKMLS #606223 Report a problem
    7/13/2023Listed for sale$1,199,000+65.4%$996/sqft
    Source: FLKMLS #605954 Report a problem
    2/4/2023Listing removed--
    Source: Zillow Rentals Report a problem
    1/26/2023Listed for rent$5,000$4/sqft
    Source: Zillow Rentals Report a problem
    12/24/2022Listing removed--
    Source: Zillow Rentals Report a problem
    12/12/2022Listed for rent$5,000$4/sqft
    Source: Zillow Rentals Report a problem
    10/16/2018Listing removed$724,900$602/sqft
    Source: Coral Shores Realty #F10096060 Report a problem
    3/29/2018Price change$724,900+4%$602/sqft
    Source: Coral Shores Realty #F10096060 Report a problem
    3/4/2018Price change$697,000-0.1%$579/sqft
    Source: Coral Shores Realty #F10096060 Report a problem
    2/23/2018Price change$698,000-0.1%$580/sqft
    Source: Coral Shores Realty #F10096060 Report a problem
    2/2/2018Price change$699,000-1.4%$581/sqft
    Source: Coral Shores Realty #F10096060 Report a problem
    12/30/2017Price change$709,000-0.8%$589/sqft
    Source: Coral Shores Realty #F10096060 Report a problem
    12/15/2017Price change$714,900-0.6%$594/sqft
    Source: Coral Shores Realty #F10096060 Report a problem
    12/8/2017Price change$719,000-0.8%$597/sqft
    Source: Coral Shores Realty #F10096060 Report a problem
    12/2/2017Price change$724,900-3.2%$602/sqft
    Source: Coral Shores Realty #F10096060 Report a problem
    11/30/2017Listed for sale$749,000+78.3%$622/sqft
    Source: Coral Shores Realty #F10096060 Report a problem
    1/6/2015Sold$420,000-1.2%$349/sqft
    Source: FLKMLS #118476 Report a problem
    11/1/2014Price change$425,000-4.5%$353/sqft
    Source: Sellstate Island Properties #118476 Report a problem
    11/20/2013Price change$445,000-5.1%$370/sqft
    Source: Sellstate Island Properties #118476 Report a problem
    8/20/2013Listed for sale$469,000$390/sqft
    Source: Sellstate Island Properties #118476 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,668 +2.1%$985,194 +1.3%
    2024$8,490 +1.6%$972,851 +30%
    2023$8,353 +26%$748,523 +10%
    2022$6,629 +12.5%$680,475 +10%
    2021$5,890 +10.4%$618,614 +10%
    2020$5,333 $562,376 +2.8%
    2019$5,333 +2.8%$547,229 +12%
    2018$5,188 +7.8%$488,443 -0.8%
    2017$4,811 -2.3%$492,228 -4.2%
    2016$4,925 -8.4%$514,000 +10.8%
    2015$5,380 $464,054
    Find assessor info on the county website

    Neighborhood: Old Town

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,267,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,267,500