$10,000 Closing Credit¹
#613635, Scott P Forman, Listing Office: Royal Palms Realty (KW)
$2,395,000 List price
1116 Packer St Key West, FL 33040
$10,000
Closing credit¹
3 beds
3 full
1,473 sqft
0.07 acres
$1,626 / sqft
House
Property details
About 1116 Packer St
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 great rental income potential in Old Town! Video tour https://tinyurl.com/1116Packer
Highlights
Home typeSingle Family Residence
StatusActive
Size1,473 sqft
Lot size0.07 Acres
Year built1938
ParkingOff Street
MLS #612089
Private poolYes
Summary
- MLS Number: 612089
- MLS Name: KeyWest
- Office Name: Berkshire Hathaway Knight & Gardner
- Office Phone: (305) 294-5155
- Listing Agent: Lisa Swanson
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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$2,395,000
1116 Packer St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 28, 2023 | Home Sold | $2,060,000 |
| Jun 14, 2018 | Home Sold | $1,575,000 |
| Sep 01, 2015 | Home Sold | $522,300 |
| May 11, 2015 | Home Sold | $449,649 |
| Jul 26, 2000 | Home Sold | $199,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,826,400 | $15,038 |
| 2022 | $1,634,024 | $12,953 |
| 2021 | $1,317,363 | $12,953 |
| 2020 | $1,366,740 | $11,947 |
| 2018 | $583,255 | $7,017 |
| 2017 | $490,786 | $4,912 |
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
3.6 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 $58,929. The most common annual income of people living in Key West, FL is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
28%
<35k
48%
35k-100k
17%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
72%
Single, No Kids
6%
Single, with Kids
18%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
2%
12-17 yrs old
26%
18-34 yrs old
51%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Hiking/backpacking
PGA/LPGA
Where do the neighbors shop?
Express/Express For Men
Nordstrom Rack
Stein Mart
Where do the neighbors go to eat?
Qdoba
Chipotle
Bonefish Grill
What do the neighbors drive?
Volkswagen
Mazda
Lincoln
What do the neighbors listen to?
Urban Contemporary
Rock
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1116 Packer St
This home is located at 1116 Packer St in Key West, FL and zip code 33040. This 1,473 square foot home, which was built in 1938, sits on a 0.07 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $2,395,000.
Key West, FL housing market in March 2025 saw over 5 listings sold above listed price, more than 6 sold at listed price and over 41 sold below. In March 2025 in Key West, FL there were 9.3% more homes for sale than in February. In March 2025 median list price was $1,050,000 and the average listing age was 96 days.
From Rocket Homes Real Estate and based on county public records data.