$10,000 Closing Credit¹
#614847, Bascom L Grooms, Listing office: Bascom Grooms Real Estate (KW)
$1,250,000 List price
718 Chapman Ln Key West, FL 33040
$10,000
Closing credit¹
4 beds
3 full
1,045 sqft
$1,196 / sqft
House
Property details
About 718 Chapman Ln
Own a piece of Key West history! Opportunity awaits at this charming 4-bedroom, 3-bathroom home now available for the first time over half a century. Built prior to 1899, and ideally located in the heart of Old Key West, the property offers two separate structures - a 3-bedroom 2-bathroom main home and a private 1-bedroom 1-bathroom guest cottage - perfect for accommodating up to 8 guests. Just steps away from World-Famous Duval Street, the island's best beaches, Truman Waterfront Park, and top-rated restaurants, this property offers the ultimate island lifestyle. Features include a 96' deep lot, a spacious hot tub, and a turnkey vacation rental business with over $54,000 in confirmed bookings. Situated in the preferred X-500 flood zone, this is a rare opportunity to acquire a prime piece of Key West real estate with established rental history. Schedule your private showing today!
Highlights
Home typeSingle Family Residence
StatusActive
Size1,045 sqft
Year built1899
MLS #613234
Summary
- Full Bathrooms: 3
- Appliances: Disposal, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer
- Total Bedroom Count: 4
- Architectural Style: Single Family
- List Price: $1,250,000
- Price/SqFt: $1,196
- Annual Tax Amount: $6,870
- Tax Year: 2023
- Year Built: 1899
- Living Area: 1,045 SqFt
- MLS Number: 613234
- MLS Name: KeyWest
- Office Name: Berkshire Hathaway HomeServices Knight & Gardner Realty
- Office Phone: (305) 294-5155
- Listing Agent: Damian Vantriglia
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: 6/26/2025, 2:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,250,000
718 Chapman Ln
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 04, 2003 | Home Sold | $450,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $919,498 | $6,870 |
| 2022 | $603,720 | $5,563 |
| 2021 | $495,157 | $5,563 |
| 2020 | $484,747 | $5,344 |
| 2018 | $515,522 | $5,465 |
| 2017 | $499,091 | $5,398 |
History based on county public records data.
Nearby schools
6
Poinciana Elementary School
Public District PK-5
2.5 mi
•1407 Kennedy Dr
2
Gerald Adams Elementary School
Public District PK-5
4.2 mi
•5855 College Rd
9
Big Pine Academy
Public Charter PK-5
29.0 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 $41,786. Most Key West, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
42%
<35k
45%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
71%
Single, No Kids
10%
Single, with Kids
12%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
5%
12-17 yrs old
28%
18-34 yrs old
45%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Boxing
Continuing Education Courses
Where do the neighbors shop?
Family Dollar
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Church's Chicken
Popeyes
Qdoba
What do the neighbors drive?
Cadillac
Dodge
Volkswagen
What do the neighbors listen to?
Jazz
Urban Contemporary
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 718 Chapman Ln
The listing price of 718 Chapman Ln property is $1,250,000.
The property 718 Chapman Ln is a house located in Key West, Florida, 33040.
Active Listing: 718 Chapman Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 718 Chapman 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 $6,870 (source: MLS/based on county public records data).
The last sale was on September 4, 2003 for $450,000 (source: MLS/tax record).
The property at 718 Chapman Ln has 4 bedrooms and 3 bathrooms.
The property 718 Chapman Ln is 1,045 SqFt (source: MLS/tax record).
The year of construction for 718 Chapman Ln is 1899.
This home is located at 718 Chapman Ln in Key West, FL and zip code 33040. This 1,045 square foot home was built in 1899. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $1,250,000.
Key West, FL housing market in May 2025 saw over 2 listings sold above listed price, more than 5 sold at listed price and over 34 sold below. The inventory of homes for sale in Key West, FL between April and May 2025 increased by 2.6%. In May 2025 median list price was $1,100,000 and the average listing age was 101 days.
From Rocket Homes Real Estate and based on county public records data.