3405 16th Ter, Key West, FL 33040
SOLD
SEP 15, 2026

$1,480,800

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 2,050 sqft (on 0.33 acres)

3405 16th Ter, Key West, FL 33040

New Town
Est. Refi. Payment $8,960/mo*
Refinance Your Home
Currently Off Market - Sold Sep 15, 2026 for $1,550,000

Home Value

Trulia Estimate
$1.48M
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 3405 16th Ter.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $1,550,000Price Per Sqft: $756/sqft

Active Status

MLS Status: Closed

Location

Direction & Address
City: Key WestCommunity: Pearlman Heights (4.0)

Building

Building Area
Building Area: 2050 Square Feet

HOA

HOA Fee Includes: NoneNo HOA

Lot Information

Lot Area: 0.33 acres

Rental Terms, Policies & Fees

Furnished

Miscellaneous

Mls Number: 621303

Price and Tax history

DateEventPrice
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

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

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.

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