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Sold for $3,760,000
  • $3,760,000

    723 Catherine St, Key West, FL 33040

    3beds
    2,356sqft
    Single Family Residence
    Built in 1948
    3,920.4 Square Feet Lot
    $3,751,000 Zestimate®
    $1,596/sqft
    $7,759 Estimated rent

    Home value

    $3,751,000

    $3.45M - $4.09M

    $7,759/mo

    Zestimate® history
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    What's special

    **For Statistical Purposes Only**Conveniently located just two blocks from the hustle and bustle of Duval Street in Old Town, Key West, this modern yet historic home is the perfect sanctuary. This is truly a rare opportunity to purchase a highly-coveted Transient-Licensed, Single Family home, which is currently used as a successful vacation rental in the heart of Key West. Built of CBS construction, and offering an abundance of privacy, the home was converted from a Cola bottling plant used in the mid 1900's. It was recently updated and awarded a Ceramic Star for Architectural Preservation Excellence. This three (3) bedroom and three (3) bathroom home has over 2,300 sq. feet of living space and sits within the X Flood zone, on a nearly 4,000 sq. foot lot with off street parking. Stepping into the home, you're greeted by an open and bright, contemporary living space with high ceilings, concrete floors, and tons of natural light. Pass through double doors from the modern foyer into the main living area with an open air kitchen with granite counter tops, overlooking the large living and dining rooms with floor to ceiling sliding doors. Just beyond these doors is a tropically landscaped private backyard patio with a pool and outdoor shower. Two spacious bedrooms are located on the ground floor, in addition to a large utility laundry room. Upstairs is the Primary bedroom complete with an en suite full bathroom and walk-in closet. Don't miss this opportunity to own a unique piece of Key West history, and take advantage of the ability to legally rent this property on a nightly basis!

    Zillow last checked:

    Listing updated:

    Listed by:

    Saltwater Group 305-363-9665,

    Saltwater Real Estate Florida Keys, Inc

    Bought with:

    Edward Salazar, 657887

    Bascom Grooms Real Estate (KW)

    Tamrah Hill, SL3563316

    Bascom Grooms Real Estate (KW)

    Source: FLKMLS,MLS#: 608133MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Cooling
    • Central Air, Ductless
    Appliances
    • Included: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
    • Laundry: Laundry Room
    Features
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,356 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off Street
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Patio
    • Exterior features: Storage, Outdoor Shower
    • Has private pool: Yes
    • Pool features: In Ground
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Size: 3,920 sqft
    • Features: Less Than 1/4 Acre
    • Residential vegetation: Fruit Tree(s)
    Details
    • Parcel number: 00030810000000
    • Zoning: HMDR
    • Zoning description: Historic Medium Density Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Combo Construction
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Community Swr Plant, Public Sewer
    • Utilities for property: FKAA, Buyer to Verify

    Community & neighborhood

    Location
    • Region: Key West
    • Subdivision: Jergusons Sub (1.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing terms: Cash

    Price history

    DateEventPrice
    1/11/2024Sold$3,760,000-6%$1,596/sqft
    Source: FLKMLS #608133 Report a problem
    6/7/2023Listing removed--
    Source: FLKMLS #604369 Report a problem
    2/28/2023Listed for sale$3,999,000+19.4%$1,697/sqft
    Source: FLKMLS #604369 Report a problem
    3/31/2022Sold$3,350,000$1,422/sqft
    Source: FLKMLS #599579 Report a problem
    2/12/2022Contingent$3,350,000$1,422/sqft
    Source: Key West AOR #599579 Report a problem
    2/10/2022Listed for sale$3,350,000+81.8%$1,422/sqft
    Source: Key West AOR #599579 Report a problem
    7/22/2019Sold$1,842,500+58.8%$782/sqft
    Source: Public Record Report a problem
    7/10/2014Listing removed$1,160,000$492/sqft
    Source: ICAMCO Real Estate Inc. #119073 Report a problem
    5/7/2014Price change$1,160,000-1.3%$492/sqft
    Source: ICAMCO Real Estate Inc. #119073 Report a problem
    2/14/2014Price change$1,175,000-9.3%$499/sqft
    Source: ICAMCO Real Estate Inc. #119073 Report a problem
    12/28/2013Listed for sale$1,295,000+164.3%$550/sqft
    Source: ICAMCO Real Estate Inc. #119073 Report a problem
    3/2/1998Sold$490,000+269.8%$208/sqft
    Source: Public Record Report a problem
    12/2/1994Sold$132,500$56/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$24,938 +3.7%$2,963,366 +3.5%
    2024$24,047 +5.8%$2,862,035 +7.5%
    2023$22,722 +46%$2,661,576 +66.7%
    2022$15,561 +18.4%$1,596,694 +10%
    2021$13,139 -3.2%$1,451,540 -3.6%
    2020$13,576 $1,506,069 +79%
    2019$13,576 +73.3%$841,176 +0.4%
    2018$7,833 -1.6%$838,027 -0.5%
    2017$7,961 -0.8%$842,426 +1.1%
    2016$8,025 +0.7%$832,970 +11.1%
    2015$7,973 $749,639

    Find assessor info on the county website

    Neighborhood: Upper Duvall

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,751,000
    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
    $3,751,000