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409 William St, Key West, FL 33040

$4,412,000

Last sold 07/23/2021 for $3.4M

3
bed
4
bath
3,226
Sqft ($1,054/Sqft)

House not for sale

About 409 William St

Property type House

Year built 1908

HOA fee $0/month

Lot size 4,170 Sqft

Movoto estimate

Rental estimate

Property description

Nothing compares to this extraordinary Old Town Key West residence. It exudes charm, history, and style and is located on William Street - in the heart of Old Town. This historic home, ''Gideon Lowe House'' was built in 1866, and records show that it first housed the youngest son of wealthy Bahamian settlers. This property has been thoughtfully and expertly renovated through every ownership and maintained its historical footprint. As an award-winning home, it is one of the most exquisite in the Key West historic district melting together conch-style roots with tasteful upgrades to accommodate any buyer. Complete with three bedrooms and three and one-half recently remodeled bathrooms, this luxurious home offers remarkable amenities such as large walk-in closets, Dade County pine throughout, Nothing compares to this extraordinary Old Town Key West residence. It exudes charm, history, and style and is located on William Street - in the heart of Old Town. This historic home, "Gideon Lowe House" was built in 1866, and records show that it first housed the youngest son of wealthy Bahamian settlers. This property has been thoughtfully and expertly renovated through every ownership and maintained its historical footprint. As an award-winning home, it is one of the most exquisite in the Key West historic district melting together conch-style roots with tasteful upgrades to accommodate any buyer. Complete with three bedrooms and three and one-half recently remodeled bathrooms, this luxurious home offers remarkable amenities such as large walk-in closets, Dade County pine throughout, 10.5 foot ceilings, a chef's kitchen with Thermador appliances, Hansen and Bringle cabinetry, quartz countertops, a recently completed formal dining room and generous storage. This property is ideal for entertaining and a private sanctuary with a breathtaking pool, waterfall, and lush tropical landscaping. There is also off-street parking with an electric gate, and it is just minutes from the Historic Seaport, the finest restaurants and attractions that Key West has to offer.

Listed by

Listing Agent - Matthew Russell Carlson

Listing Office - Ocean Sotheby's International Realty

Source: FKBOR MLS

MLS#596416 • last updated 8 months ago

Movoto checked FKBOR MLS for data 14 minutes ago

Overview
Cooling/AC	Central Air
Virtual Tour	N/A
MLS #	596416
Type	Residential
SqFt	3226
Status	Closed
SubType	Single Family Residence
Lot Size (Sqft)	4170
Lot Size (Acres)	0.1
Property Tax	22285.26
Year Built	1908
Condition	Updated/Remodeled

Interior
Total # of Bathrooms	4
# of Full Baths	3
# of Half Baths	1
Total # of Bedrooms	3
Flooring	Tile, Wood
Appliances	Washer, Dishwasher, Refrigerator, Oven, Gas Appliances, Stainless Steel Appliance(s)
Interior Features	Built-in Cabinets, Security System, Storage, Walk-in Closet(s), Quartz Countertops

Exterior
Construction	Frame
Patio/Porch	Open Porch/Balcony, Deck

Amenities / Utilities
Utilities	Cable Available
HOA Fee Includes	None
Pool	In Ground, Concrete

Location
County	Monroe
Subdivision	Old Town - Unlisted (1.0)
APN	00005880-000000
Zoning	HMDR - Historic Medium Density Residential
Directions	William Street Between Fleming And Eaton.

Multifamily Details

$4.41M

Range: $3.79M-$5.02M

Last 30 days

Rental est.: $7,623/month

• Gross rent multiplier: 37.2

Lower your payment with the loan terms that fit you.

Jul 2021
Public Records
Jul 28, 2021 Sold
$3,200,000 (-5.9%)
Jul 2021
MLS # 596416
Jul 23, 2021 Sold
$3,400,000 (-5.4%)
Jun 24, 2021 Contingent
—
Jun 9, 2021 Listed
$3,595,000 (+4.2%)
Nov 2018
MLS # 582864
Nov 19, 2018 Listed
$3,450,000 (+21.1%)
Jun 2016
MLS # 123254
Jun 24, 2016 Sold
$2,850,000 (-3.4%)
Jun 24, 2016 Price Change
$2,950,000 (+3.5%)
Apr 26, 2016 Listed
—
Jun 2016
Public Records
Jun 23, 2016 Sold
$2,850,000 (+67.6%)
Nov 2015
MLS # 112749
Nov 23, 2015 Sold
$1,700,000 (-5.3%)
Nov 23, 2015 Price Change
$1,795,000 (+5.6%)
Mar 29, 2010 Listed
—
Apr 2010
Public Records
Apr 26, 2010 Sold
$1,700,000 (-15.0%)
Jun 2005
Public Records
Jun 13, 2005 Sold
$2,000,000 (+53.8%)
Sep 2003
Public Records
Sep 2, 2003 Sold
$1,300,000

Year Property taxes Tax assessment
2024
$27,278 +8.1%

$3,256,049 +9.6%
2023
$25,236 +11.5%

$2,970,734 +10.48%
2022
$22,637 -2.1%

$2,688,846 +2.17%
2021
$23,119 +3.7%

$2,631,857 +5.14%
2020
$22,285 +1.6%

$2,503,229 +2.58%
2019
$21,930 +0.3%

$2,440,365 +2.51%
2018
$21,860 -2.5%

$2,380,622 -0.82%
2017
$22,427 +118.6%

$2,400,194 +127.49%
2016
$10,261 -1.9%

$1,055,067
2015
$10,460

—

409 William St
$3.4M
—
33040
$1.09M -15% y/y
Key West
$1.1M -15% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
412 William St, Key West, FL 33040	$2,295,000	3/2	801	0.02
408 William St, Key West, FL 33040	$2,393,000	4/3	1,575	0.02
814 Eaton St, Key West, FL 33040	$1,912,000	3/1	1,729	0.03
414 William St, Key West, FL 33040	$2,714,000	3/2	2,297	0.03
421 William St, Key West, FL 33040	$3,821,000	4/4	2,528	0.03
816 Eaton St, Key West, FL 33040	$2,809,000	4/4	2,376	0.04
724 Eaton St, Key West, FL 33040	$5,257,000	3/3	3,370	0.04
3 Lopez Ln, Key West, FL 33040	$1,773,000	1/2	1,364	0.04

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