723 Thomas St, Key West, FL 33040
Property image
Property image
OFF MARKET

$912,100

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,110 sqft

723 Thomas St, Key West, FL 33040

Bahama Village
Est. Refi. Payment $5,436/mo*
Refinance Your Home
Currently Off Market - Sold Jul 31, 2014 for $365,000

Home Value

Trulia Estimate
$912K
Since last month
Decreased$14K (-1.6%)
Since last year
Decreased$31K (-3.3%)
Since last sale
Increased$547K (+149.9%)
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 +84% in the last 10 years
MonthEstimated value
2026
August 2026$912K
August 2026$910K
July 2026$927K
June 2026$956K
May 2026$945K
April 2026$962K
March 2026$926K
February 2026$929K
January 2026$882K
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
0.07
Single-Family Home
$970,000
09/25/25
4
3
1,026
0.33
Single-Family Home
$875,000
09/30/25
3
2
1,049
0.21
Single-Family Home
$975,000
02/27/26
3
2
1,225
0.10
Single-Family Home
$979,000
04/09/26
2
1.5
823
0.19
Single-Family Home
$1,750,000
02/26/26
3
2
1,036
0.12
Single-Family Home
$900,000
12/01/25
3
2
1,451
0.12
Single-Family Home
$799,000
07/15/26
3
1
907
0.09
Single-Family Home
$800,000
12/09/25
2
2.5
1,056
0.22
Single-Family Home
$975,000
08/20/26
3
3
920
0.05
Single-Family Home
$1,700,000
10/28/25
1
2
1,212

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
0.02
$1,764,900
2
2
1,980
Off Market
0.05
$1,727,100
1
2
1,212
Off Market
0.04
$2,067,700
4
4.5
2,108
Off Market
0.06
$1,100,000
3
1
1,231
Recently Sold
0.07
$467,400
1
1
449
Off Market
0.07
$624,100
4
3
1,026
Off Market
0.06
$3,564,200
3
2
1,865
Off Market
0.07
$2,000,000
8
8
3,532
Recently Sold
0.07
$3,750,000
7
7.5
3,015
For Sale
0.07
$935,000
1
1
420
For Sale
0.08
$736,000
2
1
760
Recently Sold
0.09
$2,123,700
4
3.5
1,470
Off Market

Local Information

  • Map ViewExplore the area around 723 Thomas St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1943
1,110 sqft
$822/sqft

About this House

SHORT SALE: Spacious 3 bedroom 2 bathroom home located in Downtown Key West. Close to Key West attractions and restaurants. Income producing property, tenants are paying $1,800 per month.
723 Thomas St, Key West, FL 33040 is a 3 bedroom, 2 bathroom, 1,110 sqft single-family home in Bahama Village, built in 1943. It last sold for $365,000 on Jul 31, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $912,100, with a rent estimate of $5,205/month.

Home Details for 723 Thomas St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Concrete
Appliances & Utilities
DishwasherMicrowaveRefrigerator
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: OtherExterior: StoneFoundation Type: Concrete

Property Information

Year Built
Year Built: 1943Year Updated: 1992
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 2482 sqft

Price and Tax history

DateEventPrice
Jul 31, 2014
Source: FLKMLS #117821
Sold
$365,000
Aug 2, 2013
Source: Agent Provided
ListingRemoved
$340,000
Jul 26, 2013
Source: Agent Provided
PriceChange
$340,000
Price decreased by 15%
Jun 6, 2013
Source: Agent Provided
PriceChange
$399,000
Price decreased by 9%
Mar 19, 2013
Source: Agent Provided
Listed For Sale
$440,000

Market trends in Key West

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.28M
$50K
MoM
Sale-to-List Price
95.1%
0.5%
MoM
Price per sq ft
$933
$26
MoM
Available listings
271
17
MoM

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Bahama Village

At least 1 Trulia users voted on each feature.
  • 100 % Say neighbors are friendly

  • 100 % Say it's walkable to restaurants

  • 100 % Say car is needed

  • 100 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • 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. "
  • JILL K.
    "I HAVE BEEN MUGGED DOWN THERE TWICE, WHILE LIVING IN THE AREA. DO NOT WALK ALONE, ESPECIALLY A FEMALE, AFTER SUNDOWN. THIS AREA COULD BLOSSOM OR FLUSH ITSELF INTO HISTORY. PERSONALL, I HAVE ALWAYS LIKED THE AREA, DISPITE SOME PROBLEMS THERE, & HOPE TO CONTINUE TO SEE AN UPSWING IN RESTORATIONS, KINDNESS, LESS CRIME, & MORE LOVELY SHOPS & TASTY RESTAURANTS!! "
  • Robert M.
    "Old world Key West neighborhood. Beautiful houses, great culture and wonderful people."

LGBTQ Local Legal Protections

Frequently asked questions about 723 Thomas St

  • What is 723 Thomas St estimated to be worth?
    Trulia's estimated value for 723 Thomas St in Key West, FL is $912,100.
  • What is the price history for 723 Thomas St?
    723 Thomas St in Key West, FL last sold for $365,000 in July 2014.
  • 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 $1.28M. That is up $50K from the prior month.
  • Does 723 Thomas St have air conditioning?
    Yes, 723 Thomas St in Key West, FL has air conditioning.
  • How big is the lot at 723 Thomas St?
    The lot at 723 Thomas St in Key West, FL is about 0.06 acres (2,614 sq ft).

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