$1,480,800
- 3 Beds
- 2.5 Baths
- 2,050 sqft (on 0.33 acres)
3405 16th Ter, Key West, FL 33040
Est. Refi. Payment $8,960/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 15, 2026 for $1,550,000
Home Value
Trulia Estimate
$1.48MSince last month
Decreased$6K (-0.4%)Since last year
Increased$111K (+8.1%)Since last sale
Decreased$69K (-4.5%)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 +75% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.48M |
| August 2026 | $1.48M |
| July 2026 | $1.49M |
| June 2026 | $1.49M |
| May 2026 | $1.49M |
| April 2026 | $1.5M |
| March 2026 | $1.5M |
| February 2026 | $1.51M |
| January 2026 | $1.28M |
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 |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $1,550,000 | 09/01/26 | 4 | 3 | 2,643 | |
0.16 | Single-Family Home | $699,000 | 04/28/26 | 3 | 2.5 | 1,943 | |
0.15 | Single-Family Home | $850,000 | 03/09/26 | 3 | 2 | 1,744 | |
0.09 | Single-Family Home | $1,184,000 | 04/06/26 | 5 | 4 | 2,016 | |
0.42 | Single-Family Home | $1,150,000 | 03/23/26 | 3 | 2 | 1,826 | |
0.45 | Single-Family Home | $1,070,000 | 12/29/25 | 3 | 2 | 2,072 | |
0.15 | Single-Family Home | $850,000 | 11/24/25 | 5 | 3 | 1,628 |
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 |
|---|---|---|---|---|---|---|
0.08 | $530,000 | 2 | 2 | 952 | Recently Sold | |
0.09 | $1,184,000 | 5 | 4 | 2,016 | Recently Sold | |
0.08 | $1,024,800 | 3 | 2 | 1,230 | Off Market | |
0.17 | $1,550,000 | 4 | 3 | 2,643 | Recently Sold | |
0.16 | $699,000 | 3 | 2.5 | 1,943 | Recently Sold | |
0.15 | $850,000 | 3 | 2 | 1,744 | Recently Sold | |
0.15 | $850,000 | 5 | 3 | 1,628 | Recently Sold | |
0.15 | $808,100 | 2 | 1 | 1,008 | Off Market | |
0.17 | $1,400,000 | 4 | 2 | 1,554 | For Sale | |
0.18 | $1,027,200 | 4 | 2 | 1,858 | Off Market | |
0.17 | $855,900 | 4 | 2 | 1,651 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1968
0.33 acre lot
2,050 sqft
$756/sqft
Open Parking
About this House
A private Key West retreat designed for easy indoor-outdoor living. This stylish 3-bedroom, 2.5-bath home offers a relaxed tropical setting with generous living spaces that open effortlessly to the pool and expansive patio. The oversized lot creates a true sense of privacy, with multiple areas for lounging, dining and entertaining beneath the palms and tiki-covered spaces. A 14' x 28' pool anchors the backyard, while thoughtful updates, a metal roof, outdoor shower and abundant parking add everyday functionality. Conveniently located in New Town, this home captures the laid-back Keys lifestyle with space to unwind, entertain and enjoy island living at its best.
3405 16th Ter, Key West, FL 33040 is a 3 bedroom, 3 bathroom, 2,050 sqft single-family home in New Town, built in 1968. It last sold for the $1,550,000 asking price on Sep 15, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,480,800, with a rent estimate of $5,762/month.
Last check for updates: about 11 hours ago
Listed by Lisa H Ferringo, (305) 797-1221
Coldwell Banker Schmitt Real Estate Co
Bought with: Lisa H Ferringo, Coldwell Banker Schmitt Real Estate Co
Source: FLKMLS, MLS#621303

Home Details for 3405 16th Ter
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2050 Square Feet |
Appliances & Utilities Appliances: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Ice MakerDishwasherDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Has CoolingAir Conditioning: Central Air,Ceiling Fans(s) |
Windows, Doors, Floors & Walls Flooring: Tile, Vinyl |
Levels, Entrance, & Accessibility Floors: Tile, Vinyl |
View No View |
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Exterior Home Features Other Structures: Shed(s)Exterior: Chickee HutHas a Private Pool |
Parking & Garage No Attached GarageHas Open ParkingParking: Open,Storage |
Pool Pool: In GroundPool |
Frontage Not on Waterfront |
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Year Built Year Built: 1968 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: CBSNot a New Construction |
Property Information Condition: Updated/RemodeledParcel Number: 00056920000000 |
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Price List Price: $1,550,000Price Per Sqft: $756/sqft |
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MLS Status: Closed |
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Direction & Address City: Key WestCommunity: Pearlman Heights (4.0) |
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Building Area Building Area: 2050 Square Feet |
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HOA Fee Includes: NoneNo HOA |
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Lot Area: 0.33 acres |
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Furnished |
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Mls Number: 621303 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 15, 2026 Source: FLKMLS #621303 | Sold | $1,550,000 |
Feb 22, 2026 Source: Key West AOR #618439 | PendingToActive | $1,575,000 |
Feb 7, 2026 Source: FLKMLS #618439 | Contingent | $1,575,000 |
Feb 2, 2026 Source: Key West AOR #618439 | Listed For Sale | $1,575,000 |
Jun 4, 2021 Source: FLKMLS #594068 | Sold | $730,000 |
Apr 10, 2021 Source: FLKMLS #594068 | Contingent | $799,000 |
Jan 17, 2020 Source: Agent Provided | Listed For Sale | $799,000 |
Oct 11, 2019 Source: Agent Provided | ListingRemoved | $819,000 |
Apr 20, 2019 Source: Agent Provided | PriceChange | $819,000 Price decreased by 4% |
Oct 12, 2018 Source: Agent Provided | Listed For Sale | $849,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $9,713 | $1,112,329 |
Home facts updated by county records
Market trends in Key West
Last updated August 2026
Avg. sale price
$1.14M
$143KMoM
Sale-to-List Price
โ
Price per sq ft
$865
$67MoM
Available listings
255
17MoM
Around this home
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.
LGBTQ Local Legal Protections
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumersโ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys MLS.
Frequently asked questions about 3405 16th Ter
- What is 3405 16th Ter estimated to be worth?Trulia's estimated value for 3405 16th Ter in Key West, FL is $1,480,800.
- What is the price history for 3405 16th Ter?3405 16th Ter in Key West, FL last sold for $1,550,000 in September 2026.
- 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 3405 16th Ter have air conditioning?Yes, 3405 16th Ter in Key West, FL has air conditioning.
- Does 3405 16th Ter have a pool?Yes, 3405 16th Ter in Key West, FL has a pool.