705 Chapman Lane, Key West, FL 33040

$1,199,990
Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,231 Lot Size (sq. ft.): 5,292 Status: Contingent
Current Price: $1,199,990 List Date: 10/20/2025 Last Modified: 12/26/2025

Description

Charming Old Town gem with endless possibilities Discover a rare opportunity in the heart of Old Town Key West! This property sits on an exceptionally large lot — a true find in this historic neighborhood. With plenty of room to expand, you can create your own island oasis by adding a pool, enlarging the existing home, or even building a separate guest cottage. Just a short stroll to lively Duval Street, you'll be steps away from world-class dining, art galleries, and live music — all while enjoying the peace and character of a classic Key West street. This home has never before been on the market, making it a truly special offering with incredible potential to customize your dream retreat in paradise.

More Information MLS# 616947

Contract Information

Current Price: $1,199,990 Listing Date: 2025-10-18 Listing Board: Key West Association List Price: $1,199,990 As is Rght to Inspct: Yes

Location Tax Legal

Street #: 705 Street Name: Chapman 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: Residential - Single Family Style: Single Family Waterfront: No Pool: No Year Built: 1933 Total Units: 1 Lot SqFt: 5292 Lot Sqft Source: Tax Records Acres: 0.12 Living Apx SqFt: 1231 SqFt Source: Tax Records Total Bedrooms: 3 Full Baths: 1 Total Baths: 1 Rentals Allowed: Yes Min Rental Days: 30

Status Change Info

Contingent: Contingent Contingent Remarks: Contingent Inspectio Status: Contingent

Association Info

Mandatory Home Owners Asc: No Condo Doc's: No Voluntary Home Owners Asc: No 1st Right of Refusal: No Assoc Approval Req: No

License Info

Transient Rntl Licns: No

Building Style

Above Flood: Unknown Stories: 1 Story

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Building Style: Conch Vehicle Storage: Guest Parking; Off Street Parking Furnished: Unfurnished Cooling: Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer; Propane Interior Features: Dade County Pine Appliances: Refrigerator Exterior Features: Fencing; Storage Construction: Frame Shutters: Bahama Floor: Carpet; Vinyl Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Community Pool Security: No Security Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; No Seller Finance Title: Negotiable
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: December - 26 - 2025
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