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3405 16th Terrace, Key West, FL 33040

$1,575,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,050 Lot Size (sq. ft.): 14,528 Status: Active
Current Price: $1,575,000 List Date: 2/22/2026 Last Modified: 4/03/2026

Overview

Description

Spacious, Turn-key Retreat on one of New Town's Largest Lots: Welcome to a rare opportunity in New Town - set on an oversized 14,000+ sq.ft. lot, one of the largest in the neighborhood. This 4- bedroom, 2.5 bath home offers the space, flexibility and outdoor living today's buyers are searching for, all in a move-in ready package. The backyard is the true showstopper. A 14 x 28 ft. swimming pool anchors an impressive 75ft outdoor entertaining area, complete with two tiki huts, creating the ultimate oasis for gatherings, relaxing weekends or sunset evenings under the palms. This is classic Key West living - private, expansive and designed for entertaining. Inside the home has been renovated with new flooring, updated AC and being SOLD fully furnished. The layout offers comfortable living for families, guests or those looking to spread out and enjoy single-family island living. The extra -large lot provides exceptional versatility with room for boat parking, RV parking, traile ...

Listing Details MLS# 618439

Location, Tax & Legal

Street #
3405
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
KW Neighborhood
New Town
City
KEY WEST
Mile Marker
1
Marathon Neighborhood
N/A
Side
Bay/Gulf
Alternate Key #
1057401
Parcel #
00056920000000
Zoning
SF - Single Family
Deed Restrictions
No
Legal
Kw Pearlman Heights Pt Lot 4 And Pt Lot 5 Blk 1 Pb4-85 Or309-298/99 Or471-429 Or980-98 Or1264-1849/50 Or1395-1378/79 Or
Taxes
9713.28
Tax Year
2025
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Key West Association

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
No
Pool
Yes
Year Built
1968
Lot SqFt
14528
Acres
0.33
Living Apx SqFt
2050
SqFt Source
Property Data Card
Total Bedrooms
4
Full Baths
2
Half Baths
Yes
Total Baths
3
Rentals Allowed
Yes
Control Depth
0

Status Change Info

Contingent
None

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

License Info

# of City License
Yes

More Information

Building Style

Above Flood
No
Ground Level
Yes

Vehicle Storage

Car(s)
4+
RV Parking Open
Yes
Trailer Storage
Yes

Pool Info

Heated
Yes
Dimensions
14 x 28
In Ground
Yes

Remarks & Misc

Remarks – Consumer
Spacious, Turn-key Retreat on one of New Town's Largest Lots: Welcome to a rare opportunity in New Town - set on an oversized 14,000+ sq.ft. lot, one of the largest in the neighborhood. This 4- bedroom, 2.5 bath home offers the space, flexibility and outdoor living today's buyers are searching for, all in a move-in ready package. The backyard is the true showstopper. A 14 x 28 ft. swimming pool anchors an impressive 75ft outdoor entertaining area, complete with two tiki huts, creating the ultimate oasis for gatherings, relaxing weekends or sunset evenings under the palms. This is classic Key West living - private, expansive and designed for entertaining. Inside the home has been renovated with new flooring, updated AC and being SOLD fully furnished. The layout offers comfortable living for families, guests or those looking to spread out and enjoy single-family island living. The extra -large lot provides exceptional versatility with room for boat parking, RV parking, trailers and multiple vehicles - a rare and valuable feature in Key West. Whether you're a full-time resident, a growing family or someone who needs rooms for island toys and hobbies, this property delivers. Located in a quiet, established New Town neighborhood with easy access to beaches, shopping and downtown Key West, this home combines space, privacy and lifestyle in a way that's increasingly hard to find. A true island compound - turn-key, spacious and built for the way you want to live.

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes
Stainless Steel Appliance(s)
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Cooling

Central Air
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Floor

Laminate
Yes
Tile
Yes

Interior Features

Bar
Yes
Built-in Cabinets
Yes
Drapes/Blinds Incl
Yes
Security System
Yes
Storage
Yes
Walk-in Closet(s)
Yes
Window Treatments
Yes

Property Condition

Updated/Remodeled
Yes

Windows/Doors

Single Hung Windows
Yes

Construction

CBS
Yes

Land Size

1/4 - 1/2 Acre
Yes

Furnished

Furnished
Yes

Utilities

FKAA
Yes

Exterior Features

Bar
Yes
Chickee Hut
Yes
Fencing
Yes
Outdoor Shower
Yes
Privacy Wall/Fence
Yes
Sprinkler System
Yes

Roof

Metal Roof
Yes

Accessibility Feat

None
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Ground Level Vehicle Storage: RV Parking Open; Trailer Storage Furnished: Furnished Cooling: Central Air Utilities: FKAA Interior Features: Bar; Built-in Cabinets; Drapes/Blinds Incl; Security System; Storage; Walk-in Closet(s); Window Treatments Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Bar; Chickee Hut; Fencing; Outdoor Shower; Privacy Wall/Fence; Sprinkler System Accessibility Feat: None Pool Info: In Ground Construction: CBS Floor: Laminate; Tile Roof: Metal Roof Pets: Pets Allowed Land Size: 1/4 - 1/2 Acre

Room Information

Room Name Length Width
Bedroom 2 9.46 21.63
Bedroom 3 14.88 10.07
Bedroom 4 10.30 11.67
Dining Room 26.58 17.81
Kitchen 23.15 24.87
Kitchen 7.05 10.19
Bedroom 1
Listing Office: Suzanne Moore Real Estate
Last Updated: April - 03 - 2026
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.