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$990,000

308 Peacon Ln Key West, FL 33040

3 beds
2 full, 1 partial
1,296 sqft
$764 / sqft
House

Property details

About 308 Peacon Ln

Yes - not too good to be true or a misprint! Priced to sell for just $990,000 with this $400,000 price reduction.Enjoy Key West living on one of our most picturesque Old Town lanes. Located in the heart of the historic district and near the seaport, everything you want in Key West is right out your door. Built in the early 1900s, over the years the home was converted into a legal 2-unit property with separate water & electric accounts, however easily returned to a single family residence. The current configuration is upstairs (large 1 BR & 1 BA with a sleeping loft) and downstairs (2 BR & 1.5 BA) units, with an exterior staircase. Both units have a front & rear porch, balcony, or deck. For your parking convenience, an off-street spot is in front of the property.Prime location, opportunity & value!

Highlights

Home typeSingle Family Residence
StatusActive
Size1,296 sqft
Year built1923
ParkingOff Street
MLS #612554
Garage1 space

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Flooring Type: Laminate
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Parking: Off Street
  • Architectural Style: Single Family
  • List Price: $990,000
  • Price/SqFt: $763
  • Annual Tax Amount: $7,096
  • Tax Year: 2023
  • Year Built: 1923
  • Living Area: 1,296 SqFt
  • MLS Number: 612554
  • MLS Name: KeyWest
  • Office Name: Coldwell Banker Schmitt Real Estate Co. (KW)
  • Office Phone: (305) 296-7727
  • Listing Agent: Vic Musmanno

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: 7/5/2025, 7:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 06, 2009
Home Sold
$500,000
Apr 07, 2003
Home Sold
$570,000
Jun 12, 2000
Home Sold
$300,000

Tax history

YearAssessmentProperty Tax
2023$850,872$7,096
2022$710,723$6,253
2021$559,258$6,253
2020$533,065$5,240
2018$516,872$5,574
2017$545,654$5,385

History based on county public records data.

Nearby schools

6

Poinciana Elementary School

Public District PK-5

2.2 mi

1407 Kennedy Dr

2

Gerald Adams Elementary School

Public District PK-5

3.8 mi

5855 College Rd

9

Big Pine Academy

Public Charter PK-5

28.7 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 $78,547. Typical income of Key West, FL residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

16%
<35k
45%
35k-100k
31%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

69%
Single, No Kids
3%
Single, with Kids
22%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
3%
12-17 yrs old
26%
18-34 yrs old
49%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Yoga/pilatesYoga/pilates
  • Continuing Education CoursesContinuing Education Courses
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • H&MH&M
  • Express/Express For MenExpress/Express For Men
  • Chico'sChico's

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • QdobaQdoba
  • Bob EvansBob Evans

What do the neighbors drive?

  • AudiAudi
  • VolkswagenVolkswagen
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • AlternativeAlternative
  • Urban ContemporaryUrban Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 308 Peacon Ln

The listing price of 308 Peacon Ln property is $990,000.

The property 308 Peacon Ln is a house located in Key West, Florida, 33040.

Active Listing: 308 Peacon Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 308 Peacon Ln are: Poinciana Elementary School (GreatSchools Rating 6/10), Gerald Adams Elementary School (GreatSchools Rating 2/10), Big Pine Academy (GreatSchools Rating 9/10), May Sands Montessori School (GreatSchools Rating 5/10), Horace O'Bryant School (GreatSchools Rating 3/10), Sigsbee Charter School (GreatSchools Rating 7/10), Monroe Virtual Instruction Program (GreatSchools Rating 2/10), Somerset Island Preparatory (GreatSchools Rating 6/10), Key West High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $7,096 (source: MLS/based on county public records data).

The last sale was on August 6, 2009 for $500,000 (source: MLS/tax record).

The property at 308 Peacon Ln has 3 bedrooms and 2 full and 1 half bathrooms.

The property 308 Peacon Ln is 1,296 SqFt (source: MLS/tax record).

The year of construction for 308 Peacon Ln is 1923.

This home is located at 308 Peacon Ln in Key West, FL and zip code 33040. This 1,296 square foot home was built in 1923. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $990,000.

In June 2025 more than 2 listings in Key West, FL were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 35 were sold below. The inventory of homes for sale in Key West, FL between May and June 2025 increased by 2%. The median list price of listings available in June 2025 was $1,100,000, while the average time on the real estate market was 91 days.

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

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