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57
Photos
1116 Packer Street, Key West, FL 33040
$2,395,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
3
baths
1,473
sqft
Built in
1938
Exquisite retreat in the heart of Old Town Key West--an ideal private sanctuary with the added benefit of high-demand 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, each crafted for comfort and seclusion. The open floor plan flows seamlessly from a bright, inviting main living area to a gourmet kitchen equipped with vein-cut onyx countertops, stainless steel appliances, and a dedicated bar with a wine cooler--perfect for both entertaining and everyday indulgence. 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 substantial rental income potential in one of Key West's most desirable neighborhoods!
Features & Amenities
Interior
- General:
- Cathedral Ceilings,Window Treatments,Bar,Built-in Cabinets,Storage,Smoke Alarms,Security System,Entrance Foyer
- Flooring:
- Wood
- A/C:
- Ceiling Fans(s),Ductless
Exterior
- General:
- Fencing,Sprinkler System,Privacy Wall/Fence,Outdoor Shower,Lanai,Lighting
- Pool:
- Yes, In Ground,Concrete,Salt Water
Construction
- Roofing:
- Metal Roof
Location
- County:
- Monroe
Lot
- Zoning:
- HHDR - Historic High Density Residential, 8613865, 00031440-000100
Utilities
- Utilities:
- FKAA,Propane,Cable Available,Elect Separate Meter,Municipal Sewer
This listing courtesy of:
Berkshire Hathaway Knight & Gardner, Lisa Swanson
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Key West, FL
Housing
- Number of Units
- 17,193
- Median Home Value
- $691,198
- Median Rent
- $1,698
57.07% of housing units are renter occupied.
19.25% are vacant.
Commute
- Car
-
63.42%
- Public Transportation
-
0.78%
- Walk to Work
-
6.60%
- Work from Home
-
10.68%
- Other
-
2.85%
The median travel time to work is 14 minutes.
People
- Population
- 31,038
- Median Age
- 43.40
- Median Household Size
- 2.48
Education
- High School
-
26.79%
- Associate’s Degree
-
7.86%
- Bachelor’s Degree
-
22.80%
- Graduate Degree
-
13.76%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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