#615334, Louis M Paez, Listing office: Coldwell Banker Schmitt Real Estate Co. (KW)
$1,070,000 List price
1227 20th Ter Key West, FL 33040
4 beds
2 full
1,510 sqft
0.2 acres
$709 / sqft
House
Property details
About 1227 20th Ter
*Seller Motivated, told us to bring all Offers. 3/1 with a guest cottage/office space at rear of property with private full bath and kitchenette. 4/2 with cottage.Huge lot with incredible area for big a beautiful pool!This is a perfect family 3/1 home in one of the best New Town neighborhoods. This fully gated home sits on a massive 7000 sf oversized lot and is completely move-in ready. The home boasts three bedrooms and one bath. The floor plan in the kitchen and living area flows perfectly for open living. Glass French doors open to the back patio (that could be enclosed for Florida room) and look out at the massive green lawn and native trees. The large back yard is perfect for expansion or creating your very own tropical oasis. Set back in complete privacy is a beautiful guest suite/office space with bath. The side yard with an additional privacy fence is perfect boat parking. This property is a must see!Occupied so must allow 24 hour notice.
Highlights
Home typeSingle Family Residence
StatusActive
Size1,510 sqft
Lot size0.16 Acres
Year built1963
ParkingOff Street
MLS #614352
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer
- Total Bedroom Count: 4
- Parking: Off Street
- Architectural Style: Single Family
- List Price: $1,070,000
- Price/SqFt: $708
- Annual Tax Amount: $6,962
- Tax Year: 2023
- Year Built: 1963
- Living Area: 1,510 SqFt
- Lot Size: 0.16 Acres
- MLS Number: 614352
- MLS Name: KeyWest
- Office Name: Real Estate Management of Key West, LLC
- Office Phone: (305) 432-6373
- Listing Agent: Wade J Meyer
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: 7/17/2025, 7:45:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 27, 2021 | Home Sold | $760,000 |
| Jul 05, 2016 | Home Sold | $438,750 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $811,908 | $6,962 |
| 2022 | $689,406 | $6,136 |
| 2021 | $411,014 | $6,136 |
| 2020 | $405,340 | $3,553 |
| 2018 | $388,840 | $3,547 |
| 2017 | $380,843 | $3,528 |
History based on county public records data.
Nearby schools
6
Poinciana Elementary School
Public District PK-5
0.9 mi
•1407 Kennedy Dr
2
Gerald Adams Elementary School
Public District PK-5
1.0 mi
•5855 College Rd
9
Big Pine Academy
Public Charter PK-5
25.6 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 $77,375. Typical income of Key West, FL residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
15%
<35k
51%
35k-100k
24%
100k-200k
10%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
52%
Single, No Kids
6%
Single, with Kids
24%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
5%
12-17 yrs old
27%
18-34 yrs old
49%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
College Basketball
Yoga/pilates
Where do the neighbors shop?
Chico's
Dillards
H&M
Where do the neighbors go to eat?
Boston Market
Logan's Roadhouse
Dominos Pizza
What do the neighbors drive?
Volvo
Hyundai
Audi
What do the neighbors listen to?
Talk/Personality
Rock
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1227 20th Ter
The listing price of 1227 20th Ter property is $1,070,000.
The property 1227 20th Ter is a house located in Key West, Florida, 33040.
Active Listing: 1227 20th Ter is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1227 20th 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 $6,962 (source: MLS/based on county public records data).
The last sale was on October 27, 2021 for $760,000 (source: MLS/tax record).
The property at 1227 20th Ter has 4 bedrooms and 2 bathrooms.
The property 1227 20th Ter is 1,510 SqFt (source: MLS/tax record).
The year of construction for 1227 20th Ter is 1963.
This home is located at 1227 20th Ter in Key West, FL and zip code 33040. This 1,510 square foot home, which was built in 1963, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $1,070,000.
Over 2 listings were sold over their listed price in June 2025 in Key West, FL. In the same period over 35 listings were sold below the listed price and 8 listings were sold for the listed price. The number of homes for sale in Key West, FL increased by 2% between May and June 2025. While the average time on the market in June 2025 was 91 days, the median list price was $1,100,000.
From Rocket Homes Real Estate and based on county public records data.