40 Merganser Ln, Key West, FL 33040
OFF MARKET

40 Merganser Ln
Key West, FL 33040

  • 2 Beds
  • 1 Bath
  • 780 sqft

$530,600

Trulia Estimate
as of Jul 10, 2026
Est. Refi. Payment $3,101/mo*
Refinance Your Home

$530,600

Trulia Estimate
as of Jul 10, 2026
Est. Refi. Payment $3,101/mo*
Refinance Your Home
2 Beds
1 Bath
780 sqft

Local Information

  • Map ViewExplore the area around 40 Merganser Ln.
  • Schools1 Preschool School2 Elementary Schools1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Charming 2 bedroom, exceptionally maintained Golf Club Townhome with a lot of character. The cozy downstairs living space opens to a large porch and brick paved yard, perfect for outdoor entertaining. Upstairs master bedroom has a large balcony. A lot of updates in this home, including the kitchen, bathroom and bamboo floors downstairs. New insulation under the house. Some more of the great features are under home storage, gated private entrance, two Community pools, fitness center, fully fenced and tropical landscaping. Only minutes from Key West. INVESTMENT OPPORTUNITY, the home is tenant occupied until May 30, 2021. $2750 monthly rental income. 6% rate on return.
40 Merganser Ln, Key West, FL 33040 is a 2 bedroom, 1 bathroom, 780 sqft townhouse built in 1995. It last sold for $380,000 on Mar 8, 2021. It is currently off market. The Trulia Estimate is $530,600, with a rent estimate of $3,889/month.

Home Highlights

Parking
No Info
Outdoor
Porch, Deck
View
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 40 Merganser Ln

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Appliances & Utilities
DryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
ElevatorFloors: Tile, Carpet, Hardwood

Exterior Features

Exterior Home Features
Roof: MetalDeckExterior: OtherFoundation Type: PilingPorch
Parking & Garage
Parking Spaces: 2

Property Information

Year Built
Year Built: 1995Year Updated: 1997
Property Type / Style
Property Type: Townhouse

Community

Units in Building: 1

Lot Information

Lot Area: 1424 sqft

Price History for 40 Merganser Ln

DatePriceEventSource
03/08/2021$380,000Sold
FLKMLS #591255
06/15/2020$395,000Listed For SaleAgent Provided
08/16/2018$342,000Sold
FLKMLS #580833
07/22/2018$352,000PriceChange
Agent Provided
06/29/2018$369,000Listed For SaleAgent Provided
05/13/2013$300,000Sold
N/A
03/03/2013$309,000Listed For SaleAgent Provided
06/28/2011$329,000ListingRemovedAgent Provided
01/03/2011$329,000PriceChange
Agent Provided
06/28/2010$339,000Listed For SaleAgent Provided
11/01/2009$199,999ListingRemovedAgent Provided
10/26/2009$199,999Listed For SaleAgent Provided
05/28/2009$170,000Sold
N/A
02/16/2009$199,999PriceChange
Agent Provided
02/09/2009$220,000Listed For SaleAgent Provided
12/23/2008$220,000ListingRemovedAgent Provided
12/11/2008$220,000Listed For SaleAgent Provided
05/14/2004$382,000Sold
N/A

Market trends in Key West

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.2M
$61.67KMoM
Sale-to-List Price
94.9%
0.4%MoM
Price per sq ft
$940
$14MoM
Available listings
304
28MoM
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Property Tax and Assessment

Year2025
Tax$4,573
Assessment$487,334
Home facts updated by county records

Comparable Sales for 40 Merganser Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
61 Golf Club Dr, Key West, FL
0.20
Townhouse
$530,000
09/22/25
2
1
780
48 Kingfisher Ln, Key West, FL
0.18
Townhouse
$620,000
02/17/26
2
1.5
780
119 Golf Club Dr, Key West, FL
0.23
Townhouse
$545,000
12/17/25
2
1.5
780
8 Kestral Way, Key West, FL
0.24
Townhouse
$599,000
04/13/26
2
1.5
816
161 Golf Club Dr, Key West, FL
0.30
Townhouse
$525,000
09/30/25
2
1.5
780
82 Golf Club Dr, Key West, FL
0.24
Townhouse
$640,000
08/11/25
2
1.5
836
107 Golf Club Dr, Key West, FL
0.22
Townhouse
$540,000
01/08/26
2
1.5
780
18 Golf Club Dr, Key West, FL
0.10
Townhouse
$690,000
05/20/26
2
2.5
900
2 Merganser Ln, Key West, FL
0.07
Townhouse
$635,000
11/06/25
2
1.5
780
3 Spoonbill Way, Key West, FL
0.26
Townhouse
$675,000
10/15/25
2
1.5
836

Nearby homes

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Assigned Schools

These are the assigned schools for 40 Merganser Ln.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Key West

At least 266 Trulia users voted on each feature.

  • 88 % Say it's dog friendly

  • 83 % Say people would walk alone at night

  • 77 % Say it's walkable to restaurants

  • 74 % Say there are sidewalks

  • 69 % Say streets are well-lit

  • 69 % Say it's walkable to grocery stores

  • 68 % Say yards are well-kept

  • 65 % Say there's holiday spirit

  • 65 % Say it's quiet

  • 54 % Say parking is easy

  • 52 % Say kids play outside

  • 51 % Say they plan to stay for at least 5 years

  • 49 % Say there's wildlife

  • 46 % Say neighbors are friendly

  • 44 % Say car is needed

  • 44 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Gene Graham
    "I’ve lived in this neighborhood for the past seven years. It is close to the airport and Stock Island."
    0
    Flag
  • Ken
    "Walking or bike riding, and extremely bicycle, friendly town! Walking, golf carts, scooters, and bicycles are all very popular here."
    0
    Flag
  • David Atkinson
    "I so look forward to getting to Key West. I volunteer at the Tropic and love it. It feels like home."
    0
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  • Trulia User
    "Dogs are welcomed at 90% of the restaurants. Everyone will remember your dogs name but not yours! I love living here with my dog Jack."
    0
    Flag
  • Angela Garcia
    "It’s a small town with little bar life so it would be relatively safe. There is a high school a block away "
    1
    Flag
  • Trulia User
    "Key West is a huge dog community. They even are allowed in some restaurants . When I walk my dog on the main tourist street (Duval St) I get stopped many times from people wanting to pet my dog. A group of dog owners meet up at the park in the morning every day."
    0
    Flag
  • Bawsnack
    "Themed bike rides, parades, fairs, boat races. There is also a bundle of free activities to do when you are a local on first Sunday of every month downtown"
    0
    Flag
  • Sgarvin3281
    " Bikes are all you need small island. Safe and secure. No commute I do t work here it is a vacation community."
    0
    Flag
  • 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."
    0
    Flag
  • Trulia User
    "It’s a great neighborhood, we absolutely love having the opportunity to be able to live here!! We don’t have young kids so can’t really express things that are impt for them to know!!"
    1
    Flag
  • Trulia User
    "Everywhere dogs are welcome here in key west, Florida. Come joining us here in key west. Most food and service places, boats, and entertainment venues are good with dogs."
    0
    Flag
  • Trulia User
    "It’s a great community there is tourism so there can be alot of people traffic but for the most part everyone is in good spirits."
    0
    Flag
  • 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."
    1
    Flag
  • Trulia User
    "Sunset Carnival and walkability. Beautiful houses and sidewalks. Many houses have gardens and are very well maintained. "
    0
    Flag
  • Trulia User
    "too many festivals to name. There's always something going on Old Town and then come on it's Duvall Street crying out loud mark this would not be a family neighborhood. It's definitely an easy rental"
    0
    Flag
  • Trulia User
    "Feels very safe, super clean, super walkable in old town, and Catholic school looks very vibrant. "
    0
    Flag
  • Trulia User
    "Very beautiful, most people are really nice and cordial. Also very walkable to shops, the marina, and restaurants/bars. But I am just visiting and walking around for a few days."
    0
    Flag
  • Trulia User
    "Great people, great neighborhood, great police, family friendly events. Lots of things to do within a decent drive. Very family friendly generally "
    0
    Flag
  • Trulia User
    "I love my neighborhood I have lived here since 1976 and my husband since 1951. Love that it’s easy to get around."
    0
    Flag
  • Nicholas B.
    "Great place to live; expensive though. Base housing so you give up all your BAH but worth it in this area. "
    0
    Flag
  • Key W. B. F.
    "Gatherings on the local Mangia Mangia bench at 900 Southard street, safe & friendly town. Feel connected & welcomed in Key West. Enjoy the peaceful neighborhood & the tropical weather! You can walk or bike to everything you need & want!"
    0
    Flag
  • Mari.lindsley
    "I've lived here for 2 years and enjoy the walkability to local theatres and restaurants. There's a strong homeless contingency that detracts from the seaport. But you can't blame them for wanting to be in paradise."
    11
    Flag
  • Rechele M.
    "Easy compared to city life! 25 minutes max to get from one end of the island to the other in 5 o’clock traffic."
    0
    Flag
  • Kfowler
    "I am not currently aware of any neighborhood events that would bring the neighbors closer. However, both my husband and I would be open to any such event that would do so and would improve the neighborhood. The area is beautiful and well maintained, with a few exceptions. "
    2
    Flag
  • Tom
    "There are many festivals and events that include the Key West Historic Harbor. Venues include Schooner Wharf, Waterfront Brewery, The Marker, etc.."
    2
    Flag
  • Hannah B.
    "Vintage Cottage houses, small island feel, Duval Street in a few minutes with hundreds of worldly trendy restaurants "
    6
    Flag
  • Coltonbutler15
    "I grew up in this neighborhood, There have been many upgrades to the neighborhood that have made it more appealing to families with children. "
    12
    Flag
  • MisterE
    "Bicycles, electric golf carts and scooters are the most popular. Although many people still drive cars the island is small so you never have far to go. "
    0
    Flag
  • 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. "
    3
    Flag
  • MisterE
    "Great place to raise a family, although we sort of live in a bubble. Kids need to understand how things are in the real world and that’s sometimes difficult to teach. "
    0
    Flag
  • Romero7648
    "Neighbor is downtown and free transportation in immediate vicinity. Many establishments will provide employee discount if you live in the area. "
    0
    Flag
  • Oshry B.
    "open area very friendly neighborhood and neighbors you will love it and your dog would love it even more"
    0
    Flag
  • Bwruble
    "Tourist don’t clean up after their dogs, but locals do. This is a wonderful neighborhood. Gecko lane is especially beautiful and very private. "
    1
    Flag
  • Ctmortman
    "Perfect place for dogs. There are several dog pearls on the island and some restaurants are pet friendly. I own a dog watching business on Marco Island...a service much needed there"
    2
    Flag
  • Carib28
    "Many places to walk your pet and meet people. It’s also very beautiful with hummingbirds and lovely butterflies."
    0
    Flag

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Homes for sale near 40 Merganser Ln

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Off Market Homes Near 40 Merganser Ln

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