TRANSIENTLY Licensed, nightly rentals allowed! Stunning Income producing Penthouse in the heart of Old Town is now available to be yours! Conveniently located in sought after Duval Square just steps from Key West's best shops, restaurants and World Famous Duval Street. Upon entering the rooftop neighborhood from the elevator you are welcomed with beautifully manicured pathways which lead you to the developers condo, this is the ONLY 4 BR Penthouse in Duval Square. As you enter the home you will be greeted with soaring ceilings and over 2400 Square feet of living space. This Duval Square condo was renovated in 2017 and provides all the modern amenities. On the first floor you will find living room, parlor, kitchen and the first floor bedroom with en suite bath. A half bath is conveinantly located off kitchen for guest use. The living room and parlor open up to your private balcony with lounge area to enjoy a cocktail or watch your favorite sporting event. Take the interior or exterior staircase to the second floor where you will find three comfortable bedrooms with en suite baths. The primary suite is light filled, spacious and includes a private balcony with clawfoot soaking tub. Amenities include a beautiful pool, cabana and seating area overlooking Duval Street. The perfect space to enjoy the Key West Sunshine while having a birds eye view of the action on Duval Street. A new AC system was just installed in 2024. Two covered parking spaces will convey with the sale. The home comes fully furnished with advance bookings already in place. Gross rental income for 2022 is 280K, 264K in 2023 and 170K ++ already on the books for 2024. This is your chance to own a beautifully appointed condo with transient license. You have a winner!
Transiently Licensed, income producing Penthouse in the heart of Old Town is now available to be yours! Conveniently located in sought after Duval Square just steps from Key West's best shops, restaurants and World Famous Duval Street. Upon entering the rooftop from the elevator you are welcomed with beautifully manicured pathways which lead you to the Developers condo, this is the ONLY 4 BR Penthouse in Duval Square. As you enter the home you will be greeted with soaring ceilings and over 2400 Square feet of living space. This Duval Square condo was renovated in 2017 and provides all the modern amenities. On the first floor you will find living room, parlor, full kitchen and the first floor bedroom with en suite bath. Conveniently there is also a half bath for guest use. The living room and parlor open up to your private balcony with lounge area to enjoy a cocktail or watch your favorite sporting event. Take the interior staircase to the second floor where you will find 3 additional bedrooms with en suite baths. The master includes its own private balcony with clawfoot soaking tub that stretches the length of the home. Duval Square provides a beautiful pool, cabana and seating area overlooking Duval Street. The perfect space to enjoy the Key West Sunshine while having a birds eye view of the action on Duval Street. 2 covered parking spaces will convey with the sale. The home comes fully furnished with advance bookings already in place. Gross rental income for 2022 is 280K and 130K + already on the books for 2023. This is your chance to own a beautifully appointed condo with transient license. You have a winner!
FLKMLS #594222
Jun 30, 2021
Sold
$2,150,000
$878/sq ft
Jan 18, 2021
Listed
$2,195,000
$896/sq ft
FLKMLS #113882
May 15, 2020
Listing Removed
—
Nov 18, 2010
Listed
$995,000
$406/sq ft
FLKMLS #577547
Jun 15, 2018
Sold
$1,600,000
$653/sq ft
Nov 20, 2017
Listed
$1,695,000
$692/sq ft
Public Records
Jul 2, 2012
Sold
$725,000
$296/sq ft
Public Records
Oct 16, 1997
Sold
$370,000
$151/sq ft
Public Records
Dec 29, 1995
Sold
$290,000
$118/sq ft
Public Records
Dec 11, 1990
Sold
$248,900
$102/sq ft
Public Records
Nov 9, 1989
Sold
$350,000
$143/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$18,217 (+2.3%)
$2,146,227
2024
$17,803 (+3.4%)
$2,103,821
2023
$17,217 (+7.1%)
$2,003,236
2022
$16,077 (+48.1%)
$1,893,905
2021
$10,856 (+0.3%)
$1,190,830
2020
$10,823 (−8.7%)
$1,190,830
2019
$11,859 (+25.9%)
$1,190,830
2018
$9,419 (+7.1%)
2017
$8,792 (+11.9%)
$964,243
2015
$7,860 (+7.3%)
$836,424
2014
$7,325
Tax history for 1075 Duval St Unit R15
Year
Property tax
Land + Additions
Assessment*
2025
$18,217 (+2.3%)
$2,146,227
2024
$17,803 (+3.4%)
$2,103,821
2023
$17,217 (+7.1%)
$2,003,236
2022
$16,077 (+48.1%)
$1,893,905
2021
$10,856 (+0.3%)
$1,190,830
2020
$10,823 (−8.7%)
$1,190,830
2019
$11,859 (+25.9%)
$1,190,830
2018
$9,419 (+7.1%)
2017
$8,792 (+11.9%)
$964,243
2015
$7,860 (+7.3%)
$836,424
2014
$7,325
*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
4
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1987
Sq. Ft.
2,450
Year built
1987
Style
Condo/Co-op
County
Monroe County
APN
0668 25 00027090000142
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
HRCC-3
Historic Residential Commercial Core, Duval Street Oceanside District
Consistent with the comprehensive plan future land use map, the HRCC-3 Duval Street Oceanside District includes the Duval Street Oceanside Corridor from Petronia Street south to United Street. Located toward the southern end of Duval Street, this corridor serves as a center for arts, crafts, gifts, designer goods, restaurants, and tourist accommodations. Structures within this corridor generally have retained a front facade which is much less commercialized relative to the entertainment center on the gulf side of Duval Street. The front facades generally have much smaller storefront windows and frequently incorporate a residential vernacular characterized by wood frame windows, equipped with mullions, and wood clapboard siding. This area shall be regulated by more restrictive performance standards than those applicable to the HRCC-1 district north of Petronia Street. The criteria for development within the HRCC-3 district shall require larger open space ratios, design standards which preserve and reinforce the physical characteristics of the area, and land use restrictions which exclude sidewalk bars and lounges which may produce excessive noise incompatible with surrounding activities.