1006 16th Terrace, Key West, FL 33040
$1,275,000
Property Type:
Residential
Bedrooms:
5
Baths:
3
Square Footage:
2,016
Lot Size (sq. ft.):
5,700
Status:
Active
Current Price:
$1,275,000
List Date:
6/30/2025
Last Modified:
12/16/2025
Description
Welcome to 1006 16th Terrace, a charming two-story residence nestled in the New Town area of Key West, Florida. Whether you are looking for a single-family home or a multi-family arrangement, this property at 1006 16th Terrace combines comfort, functionality & the charm of Key West living. Home boasts 5 bedrooms and 3 bathrooms offering a floorplan that will accommodate multiple situations.
The exterior of the home is a testament to meticulous landscaping, creating a serene & inviting atmosphere. A detached storage unit provides additional space for a multitude of uses.
The residence features a two-zone air conditioning system, ensuring optimal comfort throughout the year. The home has been recently painted, adding to its fresh & well-kept appearance. The original ground level home was built in 1965; however, the second story addition was built in 1993, with an open floorplan, bamboo floors and a window view of the Gulf of American. Enjoy the oversized balcony among the many trees. The home is equipped with storm rated windows and doors for your added protection.
Some of the room photos have been virtually staged.
More Information MLS# 614317
Contract Information
Listing Board: Key West Association
As is Rght to Inspct: Yes
Current Price: $1,275,000
Listing Date: 2025-03-22
List Price: $1,275,000
Location, Tax & Legal
KW Neighborhood: New Town
City: KEY WEST
Mile Marker: 4
Marathon Neighborhood: N/A
Side: Median
Flood Zone: AE
Alternate Key #: 1057711
Zoning: SF - Single Family
Deed Restrictions: Unknown
Legal: KW PEARLMAN HEIGHTS PB4-85 LOT2 BLK5
Taxes: 1801
Tax Year: 2024
Pub Sewer HkUp: Yes
Street #: 1006
Street Name: 16th
Street Suffix: Terrace
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Pearlman Heights (4.0)
Area: 04 - Key West
General Property Description
Realtor.COM Type: Multi-family
Waterfront: No
Control Depth: 0
Lot Size: 57*100
Lot SqFt: 5700
Pool: No
Lot Sqft Source: Property Data Card
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 28
Style: Multi-Units
Year Built: 1965
Living Apx SqFt: 2016
Total Bedrooms: 5
Full Baths: 3
Total Baths: 3
Remarks & Misc
Remarks – Consumer: Welcome to 1006 16th Terrace, a charming two-story residence nestled in the New Town area of Key West, Florida. Whether you are looking for a single-family home or a multi-family arrangement, this property at 1006 16th Terrace combines comfort, functionality & the charm of Key West living. Home boasts 5 bedrooms and 3 bathrooms offering a floorplan that will accommodate multiple situations.
The exterior of the home is a testament to meticulous landscaping, creating a serene & inviting atmosphere. A detached storage unit provides additional space for a multitude of uses.
The residence features a two-zone air conditioning system, ensuring optimal comfort throughout the year. The home has been recently painted, adding to its fresh & well-kept appearance. The original ground level home was built in 1965; however, the second story addition was built in 1993, with an open floorplan, bamboo floors and a window view of the Gulf of American. Enjoy the oversized balcony among the many trees. The home is equipped with storm rated windows and doors for your added protection.
Some of the room photos have been virtually staged.
Directions: Off of Northside drive turn on to 16th terrace ...Home is second house on the right
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
Homestead: 1
Widow/Widower: 1
Appliances
Dishwasher: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Ductless: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Combo: 1
Tile: 1
Wood: 1
Interior Features
Storage: 1
Specialty Rooms
Laundry Room: 1
Workshop: 1
Building Style
Above Flood: Unknown
Ground Level: 1
Stories: 2 Stories
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Sliding Glass Doors: 1
Vehicle Storage
Car(s): 1
Off Street Parking: 1
Construction
CBS: 1
Combo Construction: 1
Stucco: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Unfurnished: 1
Terms
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Utilities
Buyer to Verify: 1
FKAA: 1
Municipal Sewer: 1
Porch/Balcony
Open Porch/Balcony: 1
Title
Negotiable: 1
Exterior Features
Fencing: 1
Fruit Tree(s): 1
Rain Gutters: 1
Shed: 1
Storage: 1
Roof
Metal Roof: 1
Shutters
Other: 1
Status Change Info
Contingent: None
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: Homestead; Widow/Widower
Waterfront: None
Waterview: No Waterview
Dockage: None
Building Style: Ground Level
Vehicle Storage: Off Street Parking
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Central Air; Ductless
Utilities: Buyer to Verify; FKAA; Municipal Sewer
Interior Features: Storage
Specialty Rooms: Laundry Room; Workshop
Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Exterior Features: Fencing; Fruit Tree(s); Rain Gutters; Shed; Storage
Construction: CBS; Combo Construction; Stucco
Shutters: Other
Floor: Combo; Tile; Wood
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; FHA; VA
Title: Negotiable
Listing Office:
Keller Williams Key West Compass Realty
Last Updated: December - 16 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.