308 Peacon Lane, Key West, FL 33040
$850,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,296
Lot Size (sq. ft.):
1,978
Status:
Closed
Current Price:
$850,000
List Date:
12/06/2024
Last Modified:
10/31/2025
Description
Yes - not too good to be true or a misprint! Priced to sell for just $990,000 with this $400,000 price reduction.
Rare 2 unit property in Old Town! Enjoy Key West living on one of our most picturesque Old Town lanes. Located in the heart of the historic district and near the seaport, everything you want in Key West is right out your door. Built in the early 1900s, over the years the home was converted into a legal 2-unit property with separate water & electric accounts. The configuration is upstairs (large 1 BR & 1 BA with a sleeping loft) and downstairs (2 BR & 1.5 BA) units, with an exterior staircase. Both units have a front & rear porch, balcony, or deck. For your parking convenience, an off-street spot is in front of the property.
Prime location, opportunity & value!
More Information MLS# 612553
Contract Information
Current Price: $850,000
Listing Date: 2024-12-06
Listing Board: Key West Association
Sold Price: $850,000
As is Rght to Inspct: Yes
Location Tax Legal
Street #: 308
Street Name: Peacon
Street Suffix: Lane
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Multi-family
Style: Duplex
Waterfront: No
Pool: No
Year Built: 1923
Total Units: 2
Lot Size: 22.5 x 93
Lot SqFt: 1978
Lot Sqft Source: Tax Records
Living Apx SqFt: 1296
SqFt Source: Tax Records
Total Bedrooms: 3
Full Baths: 2
Half Baths: 1
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 28
Status Change Info
Sold Date: 2025-10-31
Sold Price: $850,000
Status: Closed
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: Yes
Vehicle Storage
Car(s): 1
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Off Street Parking
Cooling: Ceiling Fans(s); Wall/Window Unit(s)
Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Exterior Features: Fencing; Shed; Storage
Construction: Frame
Floor: Laminate; Tile; Wood
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Other Area Features
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Listing Office: Coldwell Banker Schmitt Real Estate Co. (KW)
Last Updated: October - 31 - 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.
