$1,300,000

1006 16th Ter Key West, FL 33040

$10,000
Closing credit¹
5 beds
3 full
2,016 sqft
$645 / sqft
House

Property details

About 1006 16th Ter

Welcome to 1006 16th Terrace, a charming two-story residence nestled in the New Town area of Key West, Florida. This well-maintained home boasts 5 bedrooms and 3 bathrooms offering a floorplan that will accommodate multiple situations. The exterior of the home is a testament to meticulous landscaping, creating a serene and inviting atmosphere. A detached storage unit provides additional space for a multitude of uses. The residence features a two-zone air conditioning system, ensuring optimal comfort throughout the year. The home has been recently painted, adding to its fresh and well-kept appearance. The original ground level home was built in 1965; however, the second story addition was built in 1993. The home is equipped with storm rated windows and doors for your added protection. Whether you are looking for a single-family home or a multi-family arrangement, this property at 1006 16th Terrace combines comfort, functionality and the charm of Key West living. Call today for your private showing.A Matterport virtual tour has just been added to be viewed

Highlights

Home typeSingle Family Residence
StatusActive
Size2,016 sqft
Year built1965
ParkingOff Street
MLS #614318
Garage1 space

Virtual tour

Summary

  • Full Bathrooms: 3
  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Interior: Pantry
  • Total Bedroom Count: 5
  • Garage Space: 1 space
  • Parking: Off Street
  • Architectural Style: Single Family
  • List Price: $1,300,000
  • Price/SqFt: $644
  • Annual Tax Amount: $1,748
  • Tax Year: 2023
  • Directions: Second house in off of Northside Drive on 16th Terrace
  • Year Built: 1965
  • Stories: 2
  • Living Area: 2,016 SqFt
  • MLS Number: 614318
  • MLS Name: KeyWest
  • Office Name: Keller Williams Key West Compass Realty
  • Office Phone: (305) 292-0020
  • Listing Agent: Barbara B Crespo

The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/12/2025, 5:15:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,300,000

1006 16th Ter

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$240,995$1,748
2022$233,976$1,696
2021$227,162$1,696
2020$224,026$1,629
2018$214,907$1,609
2017$210,487$1,586

History based on county public records data.

Nearby schools

6

Poinciana Elementary School

Public District PK-5

0.5 mi

1407 Kennedy Dr

2

Gerald Adams Elementary School

Public District PK-5

1.2 mi

5855 College Rd

9

Big Pine Academy

Public Charter PK-5

26.1 mi

30220 Overseas Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $58,004. Most Key West, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

26%
<35k
58%
35k-100k
15%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
14%
Single, with Kids
19%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
5%
12-17 yrs old
31%
18-34 yrs old
41%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • QdobaQdoba
  • PopeyesPopeyes

What do the neighbors drive?

  • ChevroletChevrolet
  • VolkswagenVolkswagen
  • DodgeDodge

What do the neighbors listen to?

  • RockRock
  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 1006 16th Ter

The listing price of 1006 16th Ter property is $1,300,000.

The property 1006 16th Ter is a house located in Key West, Florida, 33040.

Active Listing: 1006 16th Ter is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1006 16th Ter are: Poinciana Elementary School (GreatSchools Rating 6/10), Gerald Adams Elementary School (GreatSchools Rating 2/10), Big Pine Academy (GreatSchools Rating 9/10), Sigsbee Charter School (GreatSchools Rating 7/10), Horace O'Bryant School (GreatSchools Rating 3/10), May Sands Montessori School (GreatSchools Rating 5/10), Key West High School (GreatSchools Rating 5/10), Somerset Island Preparatory (GreatSchools Rating 6/10), Monroe Virtual Instruction Program (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $1,748 (source: MLS/based on county public records data).

The property at 1006 16th Ter has 5 bedrooms and 3 bathrooms.

The property 1006 16th Ter is 2,016 SqFt (source: MLS/tax record).

The year of construction for 1006 16th Ter is 1965.

This home is located at 1006 16th Ter in Key West, FL and zip code 33040. This 2,016 square foot home was built in 1965. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $1,300,000.

While more than 4 listings in Key West, FL in April 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 40 were sold below. In April 2025 in Key West, FL there were 5.1% more homes for sale than in March. The median list price of listings available in April 2025 was $1,100,000, while the average time on the real estate market was 83 days.

From Rocket Homes Real Estate and based on county public records data.

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