705 Chapman Lane, Key West, FL 33040

$1,100,000

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,231 Lot Size (sq. ft.): 5,292 Status: Closed

Current Price: $1,100,000 List Date: 10/20/2025 Last Modified: 4/07/2026

Overview

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.

Listing Details MLS# 616947

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
KW Neighborhood: Bahama Village
City: KEY WEST
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: X
Alternate Key #: 1013889
Parcel #: 00013500-000000
Zoning: HMDR - Historic Medium Density Residential
Deed Restrictions: Unknown
Legal: KW LOT 7 SQR 2 TR 3 G10-599 OR1040-86 OR1347-2005 OR1347-2006 OR1347-2003 OR1454-1744 OR3287-374
Taxes: 8606.01
Tax Year: 2024
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Key West Association
As is Rght to Inspct: Yes

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: No
Year Built: 1933
Total Units: Yes
Lot SqFt: 5292
Lot Sqft Source: Tax Records
Acres: 0.12
Living Apx SqFt: 1231
SqFt Source: Tax Records
Total Bedrooms: 3
Full Baths: Yes
Total Baths: Yes
Rentals Allowed: Yes
Min Rental Days: 30
Control Depth: 0

Status Change Info

Under Contract Date: 2026-04-05
Sold Date: 2026-04-06
Sold Comments: Refrigerator included. No other personal property.

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
Association Fee $: 0
Maintenance Fee $: 0

License Info

Transient Rntl Licns: No
# of City License: No
# of County License: No

More Information

Building Style

Above Flood: Unknown
Stories: 1 Story
Conch: Yes

Remarks & Misc

Remarks – Consumer: 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.

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Refrigerator: Yes

Pets

Pets Allowed: Yes

Cooling

Wall/Window Unit(s): Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Floor

Carpet: Yes
Vinyl: Yes

Neighborhood Feature

Community Pool: Yes

Interior Features

Dade County Pine: Yes

Windows/Doors

Wood Windows: Yes

Vehicle Storage

Guest Parking: Yes
Off Street Parking: Yes

Security

No Security: Yes

Construction

Frame: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Unfurnished: Yes

Terms

Cash: Yes
Conventional: Yes
No Seller Finance: Yes

Utilities

FKAA: Yes
Municipal Sewer: Yes
Propane: Yes

Porch/Balcony

Open Porch/Balcony: Yes

Title

Negotiable: Yes

Exterior Features

Fencing: Yes
Storage: Yes

Roof

Metal Roof: Yes

Shutters

Bahama: Yes

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: April - 07 - 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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