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  • 3405 16th Terrace, Key West, FL 33040 (MLS# 618439)

3405 16th Terrace, Key West, FL 33040

New Listing
$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: 2/28/2026

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, 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.

Open Houses

Saturday, February 28, 1:00 pm - 3:00 pm

More Information MLS# 618439

Contract Information

Listing Board: Key West Association Current Price: $1,575,000 Listing Date: 2026-02-02 List Price: $1,575,000

Location, Tax & Legal

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 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

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: No Control Depth: 0 Lot Size: 47 X 131 Lot SqFt: 14528 Pool: Yes Acres: 0.33 SqFt Source: Property Data Card Rentals Allowed: Yes Style: Single Family Year Built: 1968 Living Apx SqFt: 2050 Total Bedrooms: 4 Full Baths: 2 Half Baths: 1 Total Baths: 3

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.

Association Info

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

License Info

# of City License: 1

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Laminate: 1 Tile: 1

Interior Features

Bar: 1 Built-in Cabinets: 1 Drapes/Blinds Incl: 1 Security System: 1 Storage: 1 Walk-in Closet(s): 1 Window Treatments: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: No Ground Level: 1

Windows/Doors

Single Hung Windows: 1

Vehicle Storage

Car(s): 4+ RV Parking Open: 1 Trailer Storage: 1

Construction

CBS: 1

Land Size

1/4 - 1/2 Acre: 1

Furnished

Furnished: 1

Utilities

FKAA: 1

Exterior Features

Bar: 1 Chickee Hut: 1 Fencing: 1 Outdoor Shower: 1 Privacy Wall/Fence: 1 Sprinkler System: 1

Pool Info

In Ground: 1 Heated: Yes Dimensions: 14 x 28

Roof

Metal Roof: 1

Accessibility Feat

None: 1

Status Change Info

Contingent: None Status: Active

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

Bedroom 2 Length: 9.46 Length: 9.46 Width: 21.63 Width: 21.63 Bedroom 3 Length: 14.88 Length: 14.88 Width: 10.07 Width: 10.07 Bedroom 4 Length: 10.30 Length: 10.30 Width: 11.67 Width: 11.67 Dining Room Length: 26.58 Length: 26.58 Width: 17.81 Width: 17.81 Kitchen Length: 23.15 Length: 23.15 Width: 24.87 Width: 24.87 Kitchen Length: 7.05 Length: 7.05 Width: 10.19 Width: 10.19 Bedroom 1
Listing Office: Suzanne Moore Real Estate
Last Updated: February - 28 - 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.

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