New construction

$5,950,000

723 Eaton St, Key West, FL 33040

6beds

4,094sqft

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Multi Family, Single Family Residence

Built in 2020

-- sqft lot

$5,442,500 Zestimate^®

$1,453/sqft

$-- HOA

What's special

Three off-street parking spaces

Private Old Town property with built-in income and exceptional flexibility. Ideally located near the Historic Seaport and Fausto's, this three-residence property is currently configured with two leased units generating immediate income and a separate 3-bedroom owner's residence with pool.The rear owners unit offers 3 bedrooms and 3.5 baths with direct access to the tropical courtyard pool, while the upper 2-bedroom, 2.5-bath apartment and elegant Eaton Street facing 1-bedroom, 1-bath cottage provide established rental opportunities.Gated, private, and complete with three off-street parking spaces, this is a rare opportunity to live in the heart of Old Town while your property works for you--or maximize returns with a fully income-driven approach.

198 days

647

24

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 8
Full bathrooms: 6
1/2 bathrooms: 2

Heating

Ductless

Cooling

Central Air, Ductless, Ceiling Fans(s)

Appliances

Included: Stainless Steel Appliance(s)

Features

Dade County Pine
Flooring: Tile, Wood
Windows: Skylight(s)

Interior area

Total interior livable area: 4,094 sqft

Property

Parking

Parking features: Off Street

Features

Patio & porch: Open Porch/Balcony, Deck
Exterior features: Rain Gutters, Water Display, Sprinkler System, Lighting
Has private pool: Yes
Pool features: Concrete, Decked
Water view: None
Waterfront features: None, Dockage: None

Lot

Size: 8,276 Square Feet
Features: Less Than 1/4 Acre

Details

Parcel number: 00003400000000
Zoning: HHDR
Zoning description: Historic High Density Residential
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Single Family Residence

Materials

Frame
Roof: Metal

Condition

New Construction
New construction: Yes
Year built: 2020

Utilities & green energy

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

Community & HOA

Community

Features: Other
Subdivision: Old Town - Unrecord (1.0)

HOA

Has HOA: No
Services included: None

Location

Region: Key West

Financial & listing details

Price per square foot: $1,453/sqft
Tax assessed value: $2,800,215
Annual tax amount: $24,724
Date on market: 12/15/2025
Listing terms: Cash,Conventional

Estimated market value

$5,442,500

$5.17M - $5.71M

$7,769/mo

Price history

Date	Event	Price
12/15/2025	Listed for sale	$5,950,000-20.7%$1,453/sqft
Source: Key West AOR #617710 Report a problem
12/15/2025	Listing removed	$7,500,000$1,832/sqft
Source: FLKMLS #615943 Report a problem
7/26/2025	Listed for sale	$7,500,000+400%$1,832/sqft
Source: FLKMLS #615943 Report a problem
6/8/2017	Sold	$1,500,000$366/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$24,725 +5.5%	$2,800,215 +7.6%
2024	$23,435 +6.5%	$2,602,508 +10%
2023	$21,995 +11.9%	$2,365,916 +10%
2022	$19,658 +73.1%	$2,150,833 +87%
2021	$11,355 -1.7%	$1,150,185 -0.7%
2020	$11,548	$1,157,775 -3%
2019	$11,548 +5%	$1,193,285 -3.6%
2018	$11,003 -11.2%	$1,237,950 +46.2%
2017	$12,385 +49.1%	$846,845 +3.4%
2016	$8,308 -0.1%	$819,282 +8.6%
2015	$8,316	$754,692

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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