Welcome to 1006 16th Terrace, a charming two-story residence nestled in the New Town area of Key West, Florida. Whether you are looking for a single-family home or a multi-family arrangement, this property at 1006 16th Terrace combines comfort, functionality & the charm of Key West living. Home boasts 5 bedrooms and 3 bathrooms offering a floorplan that will accommodate multiple situations. The exterior of the home is a testament to meticulous landscaping, creating a serene & inviting atmosphere. A detached storage unit provides additional space for a multitude of uses. The residence features a two-zone air conditioning system, ensuring optimal comfort throughout the year. The home has been recently painted, adding to its fresh & well-kept appearance. The original ground level home was built in 1965; however, the second story addition was built in 1993, with an open floorplan, bamboo floors and a window view of the Gulf of American. Enjoy the oversized balcony among the many trees. The home is equipped with storm rated windows and doors for your added protection. Call today for your private showing.A Matterport virtual tour has just been added to be viewed
For sale
Price cut: $25K (8/1)
$1,275,000
1006 16th Ter, Key West, FL 33040
5beds
2,016sqft
Est.:
Multi Family
Built in 1965
-- sqft lot
$1,193,200 Zestimate®
$632/sqft
$-- HOA
What's special
Large detached storage unitCentral air conditioning systemsMeticulous landscaping
- 138 days
- on Zillow |
- 293 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 08:21am
Listed by:
Barbara B Crespo 305-797-0803,
Keller Williams Key West Compass Realty
Source: FLKMLS,MLS#: 614317
Originating MLS: Key West Association

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Central Air, Ductless, Ceiling Fans(s)
Appliances
- Included: Washer, Range, Refrigerator, Dishwasher, Dryer
- Laundry: Laundry Room
Features
- Storage
- Flooring: Tile, Combination, Wood
- Doors: Sliding Glass Doors, Impact Rstnce Doors
- Windows: Impact Rstnce Window, Other
Interior area
- Total interior livable area: 2,016 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Off Street
Features
- Levels: Two,Ground Level
- Stories: 2
- Patio & porch: Open Porch/Balcony
- Exterior features: Storage, Rain Gutters
- Fencing: Fenced
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 5,700 Square Feet
- Dimensions: 57*100
- Features: Less Than 1/4 Acre
- Residential vegetation: Fruit Tree(s)
Details
- Additional structures: Workshop, Shed(s)
- Parcel number: 00057230000000
- Zoning: SF
- Zoning description: Single Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- CBS, Combo Construction, Stucco
- Roof: Metal
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Buyer to Verify
Community & HOA
Community
- Subdivision: Pearlman Heights (4.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $632/sqft
- Tax assessed value: $835,790
- Annual tax amount: $1,801
- Date on market: 3/24/2025
- Listing terms: Cash,FHA,VA Loan,Conventional
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