$10,000 Closing Credit¹
#612089, Lisa Swanson, Listing Office: Berkshire Hathaway Knight & Gardner
$2,350,000 List price
1116 Elgin Ln Key West, FL 33040
$10,000
Closing credit¹
3 beds
2 full
1,516 sqft
$1,550 / sqft
House
Property details
About 1116 Elgin Ln
Nestled in the heart of Key West's Historic Seaport District, this outstanding two-story residence is a true architectural gem. Tucked away on a tranquil lane with coveted off-street parking, the home's origins date back to the 1850s, showcasing timeless craftsmanship with stunning historic details, including rich Dade County Pine walls and flooring. Designed with both elegance and functionality in mind, the thoughtfully curated layout boasts a beautifully appointed kitchen that seamlessly flows into a vaulted living and dining area. A striking wall of French doors bathes the space in natural light and opens onto a spacious, newly renovated composite deck and covered porch--an idyllic setting overlooking the lushly landscaped pool area. The sparkling 23-foot heated saltwater pool, complete with a tranquil waterfall feature and swim jets, is the ultimate private oasis. Enhancing the outdoor experience, a wet bar and outdoor shower provide both luxury and convenience. The kitchen is equally impressive, featuring sleek stainless-steel appliances, gleaming granite countertops, and a built-in wine cooler--perfect for entertaining. The main level offers a well-appointed bedroom and a stylish full bathroom with a deep soaking tub and exquisite Brazilian slate flooring. A versatile den on this floor provides the flexibility to serve as an additional sleeping area, making it ideal for vacation rentals or accommodating guests. Upstairs, the primary suite is a private sanctuary, encompassing the entire second floor. This serene retreat features two generously sized closets and a beautifully designed en-suite bathroom adorned with Brazilian slate finishes. Recent updates include new AC systems and an energy-efficient on-demand water heater. For added peace of mind, storm shutters protect all windows and doors. Offering a rare blend of historic charm and modern luxuries, this exceptional Key West home is a true island treasure.
Highlights
Home typeSingle Family Residence
StatusActive
Size1,516 sqft
Year built1930
ParkingOff Street
MLS #613997
Garage1 space
Private poolYes
Summary
- MLS Number: 613997
- MLS Name: KeyWest
- Office Name: Truman & Co. (KW)
- Office Phone: (305) 292-2244
- Listing Agent: Team Kaufelt
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: 4/20/2025, 12:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,350,000
1116 Elgin Ln
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 27, 2014 | Home Sold | $642,234 |
| Dec 31, 2007 | Home Sold | $955,000 |
| May 09, 2005 | Home Sold | $1,300,000 |
| Nov 06, 2002 | Home Sold | $535,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,301,836 | $9,510 |
| 2022 | $1,023,467 | $8,118 |
| 2021 | $797,346 | $8,118 |
| 2020 | $746,966 | $6,404 |
| 2018 | $635,629 | $6,137 |
| 2017 | $640,240 | $6,283 |
History based on county public records data.
Nearby schools
6
Poinciana Elementary School
Public District PK-5
1.9 mi
•1407 Kennedy Dr
2
Gerald Adams Elementary School
Public District PK-5
3.4 mi
•5855 College Rd
9
Big Pine Academy
Public Charter PK-5
28.3 mi
•30220 Overseas Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $69,729. The majority of Key West, FL residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
21%
<35k
45%
35k-100k
28%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
74%
Single, No Kids
4%
Single, with Kids
19%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
1%
12-17 yrs old
23%
18-34 yrs old
56%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Symphony or Opera
PGA/LPGA
Where do the neighbors shop?
Express/Express For Men
Chico's
Stein Mart
Where do the neighbors go to eat?
Qdoba
Boston Market
Bonefish Grill
What do the neighbors drive?
Volkswagen
Volvo
Lincoln
What do the neighbors listen to?
Urban Contemporary
Talk/Personality
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1116 Elgin Ln
This home is located at 1116 Elgin Ln in Key West, FL and zip code 33040. This 1,516 square foot home was built in 1930. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $2,350,000.
In March 2025, from all listings sold in Key West, FL there were more than 5 sold above asking price, over 41 sold below and more than 6 were sold right at the asked price. The inventory of homes for sale in Key West, FL between February and March 2025 increased by 9.3%. In March 2025, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $1,050,000.
From Rocket Homes Real Estate and based on county public records data.