1203 16th Ter, Key West, FL 33040
Property image
Property image
OFF MARKET

$1,093,300

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,488 sqft

1203 16th Ter, Key West, FL 33040

New Town
Est. Refi. Payment $6,594/mo*
Refinance Your Home
Currently Off Market - Sold Nov 29, 2022 for $1,025,000

Home Value

Trulia Estimate
$1.09M
Since last month
Decreased$4K (-0.4%)
Since last year
Decreased$16K (-1.4%)
Since last sale
Increased$68K (+6.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +109% in the last 10 years
MonthEstimated value
2026
August 2026$1.09M
August 2026$1.09M
July 2026$1.1M
June 2026$1.11M
May 2026$1.1M
April 2026$1.1M
March 2026$1.1M
February 2026$1.09M
January 2026$1.07M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Single-Family Home
$850,000
03/09/26
3
2
1,744
0.17
Single-Family Home
$950,000
11/21/25
3
2
1,712
0.20
Single-Family Home
$700,000
03/27/26
3
2
1,232
0.33
Single-Family Home
$825,000
08/21/26
3
2
1,566
0.32
Single-Family Home
$680,000
04/24/26
3
1.5
1,359
0.33
Single-Family Home
$1,070,000
12/29/25
3
2
2,072
0.05
Single-Family Home
$699,000
04/28/26
3
2.5
1,943
0.37
Single-Family Home
$1,150,000
03/23/26
3
2
1,826
0.16
Single-Family Home
$850,000
11/24/25
5
3
1,628
0.16
Single-Family Home
$470,000
02/20/26
4
2
1,789

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
-
-
-
-
Off Market
0.05
$733,800
3
1
1,690
Off Market
0.03
$1,022,400
4
2
1,858
Off Market
0.05
$699,000
3
2.5
1,943
Recently Sold
0.07
$1,400,000
4
2
1,554
For Sale
0.08
$1,550,000
4
3
2,643
Recently Sold
0.11
$1,184,000
5
4
2,016
Recently Sold
0.12
$850,000
3
2
1,744
Recently Sold
0.14
$694,900
3
2
1,248
Off Market
0.12
$1,024,800
3
2
1,230
Off Market
0.16
$850,000
5
3
1,628
Recently Sold
0.18
$675,000
3
3
1,358
For Sale

Local Information

  • Map ViewExplore the area around 1203 16th Ter.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1965
1,488 sqft
$735/sqft

About this House

This single-family home is located at 1203 16th Ter, Key West, FL. 1203 16th Ter is in the New Town neighborhood in Key West, FL and in ZIP code 33040. This property has 3 bedrooms, 2 bathrooms and approximately 1,488 sqft of floor space. This property has a lot size of 5663 sqft and was built in 1965.
1203 16th Ter, Key West, FL 33040 is a 3 bedroom, 2 bathroom, 1,488 sqft single-family home in New Town, built in 1965. It last sold for $1,025,000 on Nov 29, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,093,300, with a rent estimate of $5,234/month.

Home Details for 1203 16th Ter

Exterior Features

Exterior Home Features
Roof: MetalDeckExterior: OtherFoundation Type: ConcretePatioPorch
Pool
Pool
Parking & Garage
Parking: Carport

Property Information

Year Built
Year Built: 1965Year Updated: 1995
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Rental Terms, Policies & Fees

Furnished

Interior Features

Appliances & Utilities
DryerRefrigeratorWasher
Heating & Cooling
Air ConditioningCooling System: Central
Levels, Entrance, & Accessibility
Floors: Tile
Interior Details
Ceiling Fan

Community

Units in Building: 1

Lot Information

Lot Area: 5702 sqft

Additional Information

On Site Laundry Available

Price and Tax history

DateEventPrice
Nov 29, 2022
Source: FLKMLS #602765
Sold
$1,025,000
Nov 27, 2022
Source: FLKMLS #602765
Pending
$1,149,000
Nov 8, 2022
Source: Key West AOR #602765
Contingent
$1,149,000
Oct 16, 2022
Source: Key West AOR #602765
Listed For Sale
$1,149,000
Oct 15, 2022
Source: FLKMLS #601836
ListingRemoved

Market trends in Key West

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.14M
$143K
MoM
Sale-to-List Price
โ€”
Price per sq ft
$865
$67
MoM
Available listings
255
17
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about New Town

At least 43 Trulia users voted on each feature.
  • 86 % Say it's dog friendly

  • 82 % Say yards are well-kept

  • 81 % Say people would walk alone at night

  • 73 % Say it's walkable to restaurants

  • 72 % Say it's quiet

  • 72 % Say kids play outside

  • 71 % Say parking is easy

  • 71 % Say there are sidewalks

  • 71 % Say streets are well-lit

  • 68 % Say it's walkable to grocery stores

  • 67 % Say there's holiday spirit

  • 54 % Say car is needed

  • 52 % Say they plan to stay for at least 5 years

  • 51 % Say neighbors are friendly

  • 50 % Say there are community events

  • 44 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Angela Garcia
    "Itโ€™s a small town with little bar life so it would be relatively safe. There is a high school a block away "
  • Trulia User
    "I ride my bicycle to and from work. It is uneventful but there are natural barriers.t some of the streets are not well lit."
  • Nancy S.
    "So beautiful here everyone calls it paradise! The most relaxing place I have ever been. Welcome to your new Key West Home!(Gieger Key, 10 minutes from Key West downtown) . Make sure you visit all of the wonderful attractions, especially the butterfly garden and don't forget to stop at Gieger Key Marinal for a wonderful meal."
  • Trulia User
    "I love my neighborhood I have lived here since 1976 and my husband since 1951. Love that itโ€™s easy to get around."
  • David
    "all holidays getting celebrated here and you will never forget a holiday any day of the year all pepole are very nice "
  • Caleb G.
    "My neighborhood has the small town vibe mixed with a little party. I love how historic Key West is and how well the history is kept alive. "
  • 1gcrocker1
    "Not far from down town but far enough to be away from downtown. The area is quite friendly and has a great key west vibe."
  • Dinkydau444
    "Great place to live. Not as crowded or noisy as downtown. Never worry about parking, and are close to schools."
  • Lenore T.
    "Great neighborhood, quiet location, close to shopping, restaurants, airport, golfing, beach,schools, college and public transportation. This home has a privacy wall all the way around to add to it's appeal."

LGBTQ Local Legal Protections

Frequently asked questions about 1203 16th Ter

  • What is 1203 16th Ter estimated to be worth?
    Trulia's estimated value for 1203 16th Ter in Key West, FL is $1,093,300.
  • What is the price history for 1203 16th Ter?
    1203 16th Ter in Key West, FL last sold for $1,025,000 in November 2022.
  • Is Key West a buyer's or seller's market?
    Key West is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Key West?
    The median sale price in Key West is $1.14M. That is down $143K from the prior month.
  • Does 1203 16th Ter have air conditioning?
    Yes, 1203 16th Ter in Key West, FL has air conditioning.
  • Does 1203 16th Ter have a pool?
    Yes, 1203 16th Ter in Key West, FL has a pool.

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