1006 16th Terrace, Key West, FL 33040

$1,275,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,016 Lot Size (sq. ft.): 5,700 Status: Active
Current Price: $1,275,000 List Date: 6/30/2025 Last Modified: 12/15/2025

Description

Welcome to 1006 16th Terrace, a charming two-story residence nestled in the New Town area of Key West, Florida. Whether you are looking for a single-family home or a multi-family arrangement, this property at 1006 16th Terrace combines comfort, functionality & the charm of Key West living. Home boasts 5 bedrooms and 3 bathrooms offering a floorplan that will accommodate multiple situations. The exterior of the home is a testament to meticulous landscaping, creating a serene & inviting atmosphere. A detached storage unit provides additional space for a multitude of uses. The residence features a two-zone air conditioning system, ensuring optimal comfort throughout the year. The home has been recently painted, adding to its fresh & well-kept appearance. The original ground level home was built in 1965; however, the second story addition was built in 1993, with an open floorplan, bamboo floors and a window view of the Gulf of American. Enjoy the oversized balcony among the many trees. The home is equipped with storm rated windows and doors for your added protection. Some of the room photos have been virtually staged...

More Information MLS# 614318

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Current Price: $1,275,000 Listing Date: 2025-03-22 List Price: $1,275,000

Location, Tax & Legal

KW Neighborhood: New Town City: KEY WEST Off Shore Island: No Mile Marker: 4 Marathon Neighborhood: N/A Side: Median Flood Zone: AE Alternate Key #: 1057711 Zoning: SF - Single Family Deed Restrictions: No Legal: KW PEARLMAN HEIGHTS PB4-85 LOT2 BLK5 Taxes: 1801 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 1006 Street Name: 16th Street Suffix: Terrace Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Pearlman Heights (4.0) Area: 04 - Key West

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: No Control Depth: 0 Lot Size: 57 * 100 Lot SqFt: 5700 Pool: No Lot Sqft Source: Property Data Card SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 28 Style: Single Family Year Built: 1965 Living Apx SqFt: 2016 Total Bedrooms: 5 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Welcome to 1006 16th Terrace, a charming two-story residence nestled in the New Town area of Key West, Florida. Whether you are looking for a single-family home or a multi-family arrangement, this property at 1006 16th Terrace combines comfort, functionality & the charm of Key West living. Home boasts 5 bedrooms and 3 bathrooms offering a floorplan that will accommodate multiple situations. The exterior of the home is a testament to meticulous landscaping, creating a serene & inviting atmosphere. A detached storage unit provides additional space for a multitude of uses. The residence features a two-zone air conditioning system, ensuring optimal comfort throughout the year. The home has been recently painted, adding to its fresh & well-kept appearance. The original ground level home was built in 1965; however, the second story addition was built in 1993, with an open floorplan, bamboo floors and a window view of the Gulf of American. Enjoy the oversized balcony among the many trees. The home is equipped with storm rated windows and doors for your added protection. Some of the room photos have been virtually staged... Directions: Second house in off of Northside Drive on 16th Terrace

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

Homestead: 1 Widow/Widower: 1

Appliances

Dishwasher: 1 Dryer: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1 Ductless: 1 Wall/Window Unit(s): 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Combo: 1 Tile: 1 Wood: 1 Other: 1

Interior Features

Pantry: 1 Storage: 1

Specialty Rooms

Laundry Room: 1 Utility Room: 1 Workshop: 1

Building Style

Above Flood: Unknown Ground Level: 1 Stories: 2 Stories

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1 Sliding Glass Doors: 1

Vehicle Storage

Car(s): 1 Off Street Parking: 1

Security

On Premises System: 1

Construction

CBS: 1 Combo Construction: 1 Frame: 1 Stucco: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Conventional: 1 FHA: 1 VA: 1

Utilities

Buyer to Verify: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1 Propane: 1 Water Separate Meter: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Negotiable: 1

Exterior Features

Fencing: 1 Fruit Tree(s): 1 Rain Gutters: 1 Shed: 1 Storage: 1 Water Display: 1

Roof

Metal Roof: 1

Accessibility Feat

None: 1

Shutters

Other: 1

Status Change Info

Contingent: None Status: Active

Property Features

Fee Includes: None Tax Exemptions: Homestead; Widow/Widower Waterfront: None Waterview: No Waterview Dockage: None Building Style: Ground Level Vehicle Storage: Off Street Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air; Ductless; Wall/Window Unit(s) Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Propane; Water Separate Meter Interior Features: Pantry; Storage Specialty Rooms: Laundry Room; Utility Room; Workshop Appliances: Dishwasher; Dryer; Oven; Range; Refrigerator; Washer Exterior Features: Fencing; Fruit Tree(s); Rain Gutters; Shed; Storage; Water Display Accessibility Feat: None Construction: CBS; Combo Construction; Frame; Stucco Shutters: Other Floor: Combo; Tile; Wood; Other Roof: Metal Roof Pets: Pets Allowed Security: On Premises System Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA Title: Negotiable

Documents

Listing Office: Keller Williams Key West Compass Realty
Last Updated: December - 15 - 2025
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