Movoto Real Estate
Sold on 10/13/2025

1116 Packer St, Key West, FL 33040

$1,972,000

Last sold 10/13/2025 for $1.92M

  • 3

    bed

  • 3

    bath

  • 1,473

    Sqft ($1,303/Sqft)

House not for sale

About 1116 Packer St

Property type House
Year built 1938
HOA fee $0/month
Lot size 2,953 Sqft
Movoto estimate
Rental estimate
Property description
X FLOOD ZONE! Exquisite retreat in the heart of Old Town Key West—an ideal private sanctuary with 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. The open floor plan flows seamlessly from a bright, inviting main living area to a gourmet kitchen equipped with vein-cut onyx and translucent Quartzite countertops that light up, Jenn Air stainless steel appliances, and a dedicated bar with a wine cooler—perfect for both entertaining and everyday indulgence. White oak flooring.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! Video https://tinyurl.com/1116Packer
Listed by
Listing Agent - Team Gardner/Langley
Listing Office - Berkshire Hathaway HomeServices Knight & Gardner Realty
Source: FKBOR MLS mls logo
MLS#612089 • last updated 11 months ago
Movoto checked FKBOR MLS for data 6 minutes ago
Overview
Cooling/AC Ceiling Fans(s), Ductless
Levels/Style Shotgun
Virtual Tour N/A
MLS # 612089
Type Residential
SqFt 1473
Status Closed
SubType Single Family Residence
Lot Size (Sqft) 2953
Lot Size (Acres) 0.07
Property Tax 15038.14
Year Built 1938
Condition Updated/Remodeled
Interior
Total # of Bathrooms 3
# of Full Baths 3
Total # of Bedrooms 3
Flooring Wood
Appliances Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Disposal, Freezer, Gas Appliances, Wine Cooler, Stainless Steel Appliance(s)
Interior Features Built-in Cabinets, Security System, Storage, Bar, Sun/Florida Room
Exterior
Construction Frame
Exterior Features Fencing, Lighting, Lanai, Outdoor Shower, Privacy Wall/Fence, Sprinkler System
Patio/Porch Deck, Roof Top Deck, Patio
Amenities / Utilities
Utilities Elect Separate Meter, Cable Available
HOA Fee Includes None
Pool In Ground, Salt Water, Concrete
Location
County Monroe
Subdivision GG Watson Sub (1.0)
APN 00031440-000100
Zoning HHDR - Historic High Density Residential
Multifamily Details
$1.97M
Range: $1.77M-$2.16M
Last 30 days 
Rental est.: $7,623/month
Gross rent multiplier: 21.0
  • Oct 2025
    mls logo MLS # 612089
  • Oct 13, 2025 Sold
    $1,920,000
  • Sep 12, 2025 Contingent
    —
  • Sep 2, 2025 Price Change
    $1,995,000 (-3.6%)
  • Jul 18, 2025 Price Change
    $2,070,000 (-1.2%)
  • May 12, 2025 Price Change
    $2,095,000 (-10.8%)
  • Apr 21, 2025 Price Change
    $2,349,000 (+13.5%)
  • Nov 3, 2024 Listed
    $2,395,000 (+16.3%)
  • Oct 2025
    mls logo MLS # A11847607
  • Oct 10, 2025 Sold
    $1,920,000 (-3.8%)
  • Sep 17, 2025 Pending
    —
  • Sep 11, 2025 Active
    —
  • Nov 3, 2024 Listed
    $2,070,000 (-13.6%)
  • Feb 2023
    mls logo MLS # 602698
  • Feb 27, 2023 Sold
    $2,060,000 (-4.6%)
  • Jan 26, 2023 Contingent
    —
  • Dec 27, 2022 Price Change
    $2,160,000 (-4.0%)
  • Nov 16, 2022 Price Change
    $2,250,000 (-1.7%)
  • Nov 11, 2022 Price Change
    $2,290,000 (-4.2%)
  • Oct 21, 2022 Price Change
    $2,390,000 (-2.4%)
  • Oct 7, 2022 Listed
    $2,450,000
  • Apr 2022
    mls logo MLS # 600069
  • Apr 25, 2022 Price Change
    $2,450,000 (-1.8%)
  • Mar 11, 2022 Listed
    $2,495,000 (+58.4%)
  • May 2018
    mls logo MLS # 579703
  • May 31, 2018 Sold
    $1,575,000 (-1.3%)
  • Apr 17, 2018 Contingent
    —
  • Apr 11, 2018 Listed
    $1,595,000 (+205.3%)
  • Nov 2015
    mls logo MLS # 121898
  • Nov 23, 2015 Sold
    $522,500 (+21.5%)
  • Jul 15, 2015 Listed
    —
  • Nov 2015
    mls logo MLS # 121594
  • Nov 23, 2015 Sold
    $430,000
  • Nov 23, 2015 Price Change
    $430,000
  • May 14, 2015 Listed
    —
  • Year Property taxes Tax assessment
  • 2024
    $14,710 -2.2%
    $1,826,400
  • 2023
    $15,038 +16.1%
    $1,826,400 +11.77%
  • 2022
    $12,954 +8.3%
    $1,634,024 +19.56%
  • 2021
    $11,964 -3.2%
    $1,366,740
  • 2020
    $12,359 +3.4%
    $1,366,740 +4.5%
  • 2019
    $11,947 +70.2%
    $1,307,871 +32.64%
  • 2018
    $7,018 +42.9%
    $985,995 +100.9%
  • 2017
    $4,912 -10.0%
    $490,786 -5.62%
  • 2016
    $5,460 +3.5%
    $519,990
  • 2015
    $5,276
    —
  • 1116 Packer St
    $1.92M
  • —
  • 33040
    $1.08M -15% y/y
  • Key West
    $1.1M -14% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
1114 Packer St, Key West, FL 33040 $2,625,000 3/2 1,284 0.01
1120 Packer St, Key West, FL 33040 $2,090,000 2/3 1,966 0.01
1121 Packer St, Key West, FL 33040 $1,075,000 2/2 704 0.02
1111 Packer St, Key West, FL 33040 $2,074,000 3/3 1,436 0.02
1115 Packer St, Key West, FL 33040 $1,151,000 2/2 896 0.02
1121 Margaret St, Key West, FL 33040 $3,871,000 5/2 2,292 0.02
1113 Packer St, Key West, FL 33040 $1,192,000 2/2 1,064 0.02
909 Catherine St, Key West, FL 33040 $809,000 1/1 660 0.02

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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3/10
Horace O'bryant School
public Grades PK, K-8
Monroe
5/10
Key West High School
public Grades 9-12
Monroe
Source: GreatSchools.org © 2026. All rights reserved.

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  • 1116 Packer St
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