OFF MARKET

Off market jun 2023 for $475K

$455,153

Est. refi paymentEst. refi $3,689/mo

•

138

sq ft

1016 Howe St #5, Key West, FL 33040

About this home

Excellent vacation rental property with transient license just 3 blocks from Duval St! This studio unit is located in The Galleria, a 13-unit complex featuring a remodeled shared deck and pool. Located steps away from Key West's most popular attractions including the Ernest Hemingway Home and Museum, Mallory Square, and Fort Zachary Taylor Beach and Park. Great opportunity to have a home away from home in the heart of Key West, and then utilize as a short term vacation rental business while not there!

CondoProperty Type

1938Year Built

$3,298Est. Price/Sq.Ft.

Listed by Richard Haskins • Brightwild Real Estate

Bought with David Austin • Anchor Line Realty (KW)

Redfin checked: a minute ago

•Source:FLKMLS #604846

Redfin Estimate

$455,153

$20K since sold in June 2023$6,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 29.2% lower than the average sale price ($643K) of 6 comparable homes.

SOLD AUG 11, 2026
$802,000
A
1 bed1 bath740 sq ft
817 Eaton St #1, Key West, FL 33040
SOLD JUL 3, 2026
$830,000
B
1 bed1 bath554 sq ft
907 White St #5, Key West, FL 33040
SOLD SEP 10, 2026
$700,000
C
2 beds1 bath745 sq ft
906 Truman Ave Apt 1, Key West, FL 33040
SOLD APR 27, 2026
$470,000
D
1 bed1 bath434 sq ft
1411 Truman Ave Apt 1, Key West, FL 33040
SOLD MAY 12, 2026
$495,000
E
1 bed1 bath525 sq ft
1500 Seminary St Unit 5A, Key West, FL 33040
SOLD MAY 22, 2026
$562,500
F
1 bed1 bath526 sq ft
712 Galveston Ln #1, Key West, FL 33040

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Earn from this home

Refinance

Est. cash available

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Rent

$1,515/mo

Redfin rental estimate

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Market trends in 33040, FL

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

94.4%

1.2% MoM

Median sale price

$1,000K

$294 MoM

Avg. days on market

135d

5 days MoM

Recently sold homes

111

3 MoM

New listings for sale

NEW 1 HR AGO
$999,000
3 beds2 baths1,720 sq ft
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NEW 12 HRS AGO
$1,599,000
3 beds2 baths1,785 sq ft
1703 South St, Key West, FL 33040
OPEN OCT 21, 12PM TO 2PM
$1,249,000
2 beds2 baths1,120 sq ft
606 Truman Ave Apt 1, Key West, FL 33040
$439,000
2 beds2 baths864 sq ft
55 Boca Chica Rd #447, Key West, FL 33040
$875,000
3 beds1 bath1,216 sq ft
3711 Duck Ave, Key West, FL 33040
3D WALKTHROUGH
$69,000
3 beds3 baths1,120 sq ft
617 Front St Unit F53 Week 2 Penthouse, Key West, FL 33040
$69,000
2 beds2 baths1,120 sq ft
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3D WALKTHROUGH
$69,000
2 beds2 baths1,120 sq ft
617 Front St Unit B52 Week 52 Penthouse, Key West, FL 33040
3D WALKTHROUGH
$69,000
2 beds2 baths1,120 sq ft
617 Front St Unit D53 Week 4 Penthouse, Key West, FL 33040
3D WALKTHROUGH
$69,000
2 beds2 baths1,120 sq ft
617 Front St Unit D54 Week 3 Penthouse, Key West, FL 33040
See all

Provided by Redfin

Sale history for 1016 Howe St #5

Date

Event

Price

FLKMLS #604846

Jun 12, 2023

Sold

$475,000

$3,442/sq ft

May 24, 2023

Contingent

—

May 17, 2023

Relisted

—

Apr 27, 2023

Contingent

—

Apr 5, 2023

Listed

$535,000

$3,877/sq ft

FLKMLS #579737

Jun 21, 2018

Sold

$277,000

$2,007/sq ft

Apr 13, 2018

Listed

$299,900

$2,173/sq ft

Price Reduced by $20K Great vacation rental - this condo has a TRANSIENT LICENSE and a proven record with gross earnings over $30,000! The studio is located within The Galleria, a small-scale property with 13 studio sized rooms and all of the amenities of a hotel. Additionally, it is also the perfect way for you or your vacation rental guests to enjoy Key West car free. The Galleria is only three blocks away from Duval Street, located at the corner of Howe and Julia Street in Historic Bahama Village. The area has many wonderful restaurants, theaters, parks, and bars just steps away from your front door!

FLKMLS #122792

Mar 7, 2016

Sold

$260,000

$1,884/sq ft

Feb 3, 2016

Listed

$229,000

$1,659/sq ft

TRANSIENT RENTAL! Proven record with gross earnings of $40,000! Imagine your own cozy place in Key West, just steps from Duval, that can pay for itself and provide you with a place to visit whenever you need a getaway from the hectic pace back home. This studio is the size of a small hotel room with all the amenities and then some. This is one of 13 studio condos, transiently rented at The Galleria which is located on the corner of Howe Street and Julia Street in historic Bahama Village. There are plenty of decks and a side yard where you can relax, drink your coffee, or read a book when you are not out exploring the island. Check out the bookings and reviews on line through VRBO. com; listing 140317. Past earnings performance does not guarantee future performance.

FLKMLS #542487

Mar 17, 2010

Listing Removed

—

Aug 20, 2007

Listed

$324,900

$2,354/sq ft

Tax history for 1016 Howe St #5

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

1938

Sq. Ft.

138

Year built

1938

Style

Condo/Co-op

County

Monroe County

APN

0668 25 00026900000105

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 9, 2026.

HMDR

Historic Medium Density Residential District

The historic medium density residential district HMDR is established to implement comprehensive plan policies for areas designated HMDR on the comprehensive plan future land use map. The HMDR district shall accommodate historic Old Town medium density residential development for permanent residents, including single-family, duplex, and multiple-family residential structures. The HMDR district shall provide a management framework for preserving the residential character and historic quality of the medium density residential areas within Old Town.; In addition, accessory uses, including approved home occupations conducted within the residential structure, and customary community facilities can be located in the HMDR designated area. This area shall not accommodate transient residential uses, including guesthomes, motels or hotels. Similarly, the area shall not accommodate commercial office, retail, or other commercial uses. Lawfully existing office or commercial uses shall be permitted to continue to exist as lawful nonconforming uses if such uses continue to comply with conditions invoked when the respective uses were approved. In the event the city owns the portion of the Truman Waterfront Parcel designated HMDR, the site will be developed for 100 percent affordable housing. If the site is privately owned, one-third of the dwelling units will be affordable.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units

Property details

Parking

Parking / Garage Information
Vehicle Storage: Off Street Parking

Interior

Virtual Tour

Interior Features
Flooring: Wood Floor
Cooling/Heating: Ceiling Fans, Window/Wall Unit
Appliances: Microwave, Refrigerator
Furnished: Furnished, Furniture Negotiable

Bathroom Information
# of Full Baths: 1

Exterior

Boat Slip/Dock Information
Dockage: None

Exterior Features
Has Pool
Pool Information: Decked, In Ground

Security
No Security

Property Features
Waterfront Type: None
Waterview: No Waterview

Property Information
Property Condition: Updated/Remodeled
Deed Restrictions: Unknown
Pets: Pets w/Restrictions: YES
Rentals Allowed: Yes
Min Rental Days: 1

Lot Information
Zoning: HMDR - Historic Medium Density Residential
Land Size: Less Than 1/4 Acre

Building Information
Year Built: 1,938
Sq. Ft. Source: Property Data Card
Building Style: A-Frame
Building Style: Above Flood: Unknown
Construction: Frame
Roof: Metal Roof

Subdivision/Neighborhood
Subdivision: Old Town - Unrecord (1.0)
Key West Neighborhood: Old Town-S of Truman
Marathon Neighborhood: N/A

Financial

Tax Information
Taxes: $2,564
Tax Year: 2,022
Tax Exemptions: None

Financial Information
Terms: Cash, Conventional

Utilities

Utility Information
Utilities: Buyer to Verify, Municipal Sewer, FKAA
Has Public Sewer Hook-up

Location

Homeowners Association Information
Mandatory Home Owners Association
Association Info: 1st Right of Refusal: No
Association Info: Association Fee $: 2496.22
Association Info: Association/Maintenance Fee Per: Quarterly
Fee Includes: Building Exterior Maintenance, Sewer, Water, Common Area Maintenance, Cable, Building Insurance

Location Information
Side: Median
Mile Marker: 1.00

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 138
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1938
Year Renovated: 1938
County: Monroe County
APN: 0668 25 00026900000105

Home facts updated by county records on Oct 9, 2026

Other

Auction Information
Financial Status: Auction: No

About this building

No units for sale

1016 Howe St, Key West, FL 33040

See photos & sale trends

Photo via 1016 Howe St #9

Units for sale

Unit Information Not Available

There aren't any units for sale in this building.

Around this home

Schools

Horace O'bryant School

Public PreK-8 • Assigned • 1.1mi

3/10

Key West High School

Public 9-12 • Assigned • 1.6mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Key West, FL • 33040

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.1 hours in June and 7.3 hours in December, placing it above the U.S. average for solar exposure.

10.1 hrs

7.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$433,000 – $524,000

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3 beds3 baths1,120 sq ft

617 Front St Unit F53 Week 2 Penthouse, Key West, FL 33040

$69,000

2 beds2 baths1,120 sq ft

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3D WALKTHROUGH

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Home values near 1016 Howe St #5

Data from public records.

Address	Redfin Estimate
1015 Howe St, Key West, FL 2 Beds \| 2 Baths \| 848 Sq. Ft.	$1,101,893
1016 Howe St Apt 1, Key West, FL 1 Beds \| 1 Baths \| 193 Sq. Ft.	$516,084

Address	Redfin Estimate
1031 Howe St, Key West, FL 2 Beds \| 1.5 Baths \| 1202 Sq. Ft.	$460,467
1016 Howe St Apt 11, Key West, FL 1 Beds \| 1 Baths \| 115 Sq. Ft.	$444,060

Address	Redfin Estimate
1016 Howe St Apt 4, Key West, FL 1 Beds \| 1 Baths \| 127 Sq. Ft.	$430,651
1016 Howe St Apt 3, Key West, FL 1 Beds \| 1 Baths \| 254 Sq. Ft.	—

Property information provided by FLKMLS when last listed in 2023. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 33040, FL

Sale history for 1016 Howe St #5

Tax history for 1016 Howe St #5

Public record

Property details

About this building

Unit Information Not Available

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 33040

Home values near 1016 Howe St #5

More real estate resources