X Flood Zone! This exquisite 3BD/3BA Old Town Key West retreat blends luxury, privacy, and strong rental income. Fully renovated in 2017, it features white oak floors, 14-ft ceilings, impact windows/doors, and light-filled living spaces. The gourmet kitchen features backlit onyx counters, Jenn Air appliances, and a wine bar. Each bedroom is en-suite, including a 2nd-floor suite with private rooftop deck. Heated saltwater pool, lush landscaping, outdoor shower, and covered lounge. The home also boasts an Alan Maltz mural in the pool, a rare off-street parking spot for a small car, and a classic shotgun-style layout. Ideally located near Duval Street, beaches, dining, and shops—walk or bike everywhere. A rare blend of modern elegance and Key West charm with excellent income potential!
Single-familyProperty Type
1938Year Built
2,953 sq ftLot Size
$1,357Est. Price/Sq.Ft.
1 spaceParking
Listed by Will Langley• Berkshire Hathaway Knight & Gardner Realty
•305-394-9020 (agent)
•Will@keysrealestate.com (agent)
•305-294-5155 (broker)
•will@keysrealestate.com (broker)
Bought with Victor Musmanno• Coldwell Banker Schmitt RE Co
X FLOOD ZONE! Exquisite retreat in the heart of Old Town Key West—an ideal private sanctuary with rental income. This remarkable home offers refined style, privacy, and a proven rental history, appealing to buyers who value luxury and the allure of a tropical lifestyle. Behind an unassuming facade lies a sophisticated residence filled with high-end details. Restored in 2017, this home features three spacious bedroom suites. The open floor plan flows seamlessly from a bright, inviting main living area to a gourmet kitchen equipped with vein-cut onyx and translucent Quartzite countertops that light up, Jenn Air stainless steel appliances, and a dedicated bar with a wine cooler—perfect for both entertaining and everyday indulgence. White oak flooring. The living area extends to a private backyard oasis with a covered outdoor lounge, a heated saltwater pool, outdoor shower surrounded by lush greenery. The second-floor suite boasts a private rooftop deck, an ideal space for sunbathing or stargazing. Set in the preferred X Flood Zone, with impact windows and doors, this home blends modern flair with classic Key West charm, featuring light-filled rooms, 14-foot tongue-and-groove ceilings, and white oak hardwood floors. The classic shotgun-style layout guides visitors from the welcoming hallway through to the tropical backyard, creating a tranquil escape perfect for relaxation or entertaining. In a prime location, the property is within walking or biking distance to Key West's best beaches, restaurants, and shops, allowing you to enjoy all that the area has to offer with no need for a car. Bonus is Off-street parking for a small car, a rare convenience in Old Town. This unique property, features an 8' x 4' Alan Maltz -a local artist- mural in the pool. Enjoy both seclusion and easy access to Key West's most popular spots. Don't miss your chance to own this luxurious home offering style, charm, and great rental income potential! Video https://tinyurl.com/1116Packer
MARMLS #A11847607
Oct 10, 2025
Sold
$1,920,000
$1,303/sq ft
Sep 18, 2025
Pending
—
Sep 12, 2025
Contingent
—
Sep 2, 2025
Price Changed
$1,995,000
$1,354/sq ft
Nov 3, 2024
Listed
$2,070,000
$1,405/sq ft
FLKMLS #602698
Feb 27, 2023
Sold
$2,060,000
$1,399/sq ft
Jan 26, 2023
Contingent
—
Dec 27, 2022
Price Changed
$2,160,000
$1,466/sq ft
Nov 16, 2022
Price Changed
$2,250,000
$1,527/sq ft
Nov 11, 2022
Price Changed
$2,290,000
$1,555/sq ft
Oct 21, 2022
Price Changed
$2,390,000
$1,623/sq ft
Oct 7, 2022
Listed
$2,450,000
$1,663/sq ft
Major price improvement and ready for your immediate occupancy! Extraordinary is 1116 Packer St. with progressive high design style and careful attention paid to each fine detail. You could easily stroll past this understated home without ever knowing that behind the front door is an architectural masterpiece. Offering 3 comfortable bedroom suites, the carefully planned home flows through a delightful main living area and a gorgeous kitchen to a tropical oasis complete with a covered outdoor entertainment area, heated saltwater swimming pool with a water feature, patio, and shower. While luxurious furniture, fixtures, and appliances grace the home, it has been made weather ready with impact glass windows and doors. Exquisite vein cut onyx kitchen counters highlight the kitchen, with superb tilework complimenting the 3 baths. The 2nd floor suite has a private rooftop deck for sunning in the day and sipping in the evening. Additionally, the preferred X Zone elevation leaves the property high and dry substantially reducing insurance costs. Lightly rented on occasion, there is the potential for lucrative vacation rental income for as much as $20,000 mo. 2 3D Tours are available to satisfy your virtual showing requests. A true rare find in the Key West home market! Now $2,160,000.
FLKMLS #600069
May 31, 2022
Listing Removed
—
Apr 25, 2022
Price Changed
$2,450,000
$1,663/sq ft
Mar 11, 2022
Listed
$2,495,000
$1,694/sq ft
FLKMLS #110687
May 15, 2020
Listing Removed
—
Apr 10, 2009
Listed
$395,000
$268/sq ft
FLKMLS #579703
May 31, 2018
Sold
$1,575,000
$1,069/sq ft
Apr 10, 2018
Listed
$1,595,000
$1,083/sq ft
Public Records
Sep 1, 2015
Sold
$522,300
$355/sq ft
FLKMLS #121898
Aug 28, 2015
Sold
$522,500
$355/sq ft
Jul 15, 2015
Listed
$550,000
$373/sq ft
FLKMLS #121594
May 14, 2015
Sold
$430,000
$292/sq ft
May 14, 2015
Listed
$430,000
$292/sq ft
Public Records
Jul 26, 2000
Sold
$199,000
$135/sq ft
Public Records
Jan 1, 1982
Sold
$40,000
$27/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$14,844 (+0.9%)
$721,772 + $1,014,373
$1,736,145
2024
$14,710 (−2.2%)
$721,772 + $1,006,343
$1,728,115
2023
$15,038 (+16.1%)
2022
$12,954 (+8.3%)
2021
$11,964 (−3.2%)
$402,642 + $914,721
$1,317,363
2020
$12,359 (+3.4%)
$441,414 + $925,326
$1,366,740
2019
$11,947 (+70.2%)
$441,414 + $925,326
$1,366,740
2018
$7,018 (+42.9%)
2017
$4,912 (−6.9%)
$427,247 + $63,539
$490,786
2015
$5,276 (+9.8%)
$458,446 + $61,544
$519,990
2014
$4,806
Tax history for 1116 Packer St
Year
Property tax
Land + Additions
Assessment*
2025
$14,844 (+0.9%)
$721,772 + $1,014,373
$1,736,145
2024
$14,710 (−2.2%)
$721,772 + $1,006,343
$1,728,115
2023
$15,038 (+16.1%)
2022
$12,954 (+8.3%)
2021
$11,964 (−3.2%)
$402,642 + $914,721
$1,317,363
2020
$12,359 (+3.4%)
$441,414 + $925,326
$1,366,740
2019
$11,947 (+70.2%)
$441,414 + $925,326
$1,366,740
2018
$7,018 (+42.9%)
2017
$4,912 (−6.9%)
$427,247 + $63,539
$490,786
2015
$5,276 (+9.8%)
$458,446 + $61,544
$519,990
2014
$4,806
*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
Permits
Beds
3
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
3,100 Sq. Ft.
Year renovated
2017
Sq. Ft.
1,473
Year built
1938
Style
Single Family Residential
County
Monroe County
APN
0568 25 00031440000100
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 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
Mar 17, 2023 • Final
Electrical
Electrical
Oct 26, 2022 • Final
Addition
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking
Features: Guest
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 3
Equipment
Appliances: Built-In Oven, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
Interior Features
Flooring: Hardwood, Wood
Other Features: First Floor Entry, Main Level Primary
Exterior
Building Information
Stories: 2
Year Built Details: Effective Year Built
Roof Details: Metal
Construction Details: Frame
Exterior Features
Exterior Features: Lighting
Pool and Spa Information
Has Private Pool
Pool Features: Concrete, Heated, Pool
Lot Information
Lot Size Area: 2,953
Lot Features: Less Than Quarter Acre
Zoning Description: HMDR
Property Information
Direction Faces: East
Financial
Tax Information
Annual Tax Amount: $14,710
Tax Year: 2024
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Central
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 1,473
Stories: 2.0
Lot Size: 3,100 square feet
Style: Single Family Residential
Year Built: 1938
Year Renovated: 2017
County: Monroe County
APN: 0568 25 00031440000100
Home facts updated by county records on Jul 10, 2026
Around this home
Schools
Horace O'bryant School
Public PreK-8 • Assigned • 0.5mi
3/10
Key West High School
Public 9-12 • Assigned • 1.0mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
7/10 Flood Factor
Estimated 72-80% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
Heat Factor
We're working on getting current and accurate heat risk information for this home.
10/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Key West, FL • 33040
Average low and high temperatures (°F)
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69
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Feb
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May
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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
$1.90M – $2.30M
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