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For sale
  • $2,799,000

    156 Sea Ln, Geiger Key, FL 33040

    2beds
    2,124sqft
    : 
    Single Family Residence
    Built in 1996
    0.29 Acres Lot
    $-- Zestimate®
    $1,318/sqft
    $-- HOA

    What's special

    Superior fire resistanceExtraordinary structural spansRock-solid foundationIncredible thermal mass
    Welcome to 156 Sea Lane, a residence that stands as a testament to architectural integrity and the vibrant history of the Florida Keys. This home was conceived and brought to life by its original owner, the legendary Reese Palley, who envisioned a sanctuary that combined the permanence of a fortress with the soul of an adventurer. Unlike the standard construction found throughout the islands, 156 Sea Lane was built with a commitment to durability and ''over-engineered'' by structural and civil engineer Joel Roseblatt for safety. Palley played an active, hands-on role in its design and construction, ensuring the home could withstand the elements of the Keys for generations. Concrete Reinforced Block (CBS): The skeleton of the home is high-strength concrete masonry, reinforced to provide a rock-solid foundation. Hollow Core Construction: Rarely seen in residential builds, the use of hollow core concrete slabs for the floors and the roof provides extraordinary structural spans, superior fire resistance, and incredible thermal mass. A ''Forever'' Home: The result is a structure with 3,672 sq. ft. under roof that offers a level of quietude and security that is increasingly rare, serving as a peaceful bunker against the tropical elements. To own this home is to share in the legacy of Palley -- an author, art dealer, world-class sailor, and one of the most colorful intellectuals to ever call the Florida Keys home. Before settling on Geiger Key, he gained international fame as a premier art dealer. A man of the sea, Reese circumnavigated the globe and authored over 15 books, including ''The Answer', 'Unlikely Passages'', CONCRETE: A 7,000 Year History'. Palley resided here until just before his passing at 94 in 2015, at which point the current owners took up the mantle of stewardship for this extraordinary property. 156 Sea Lane is more than a house; it is a piece of the Florida Keys' intellectual and architectural heritage.
    80 days
    |
    1,255
    |
    36
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 24, 2026 at 01:23am

    Listed by:

    Lisa H Ferringo 305-797-1221,

    Coldwell Banker Schmitt Real Estate Co

    Source: FLKMLS,MLS#: 618020MLS LogoOriginating MLS: Key West Association

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
      • Laundry: Laundry Room
      Features
      • Built-in Cabinets, Bar, Walk-In Closet(s), Storage, Utility Room
      • Flooring: Combination
      • Doors: Impact Rstnce Doors
      • Windows: Impact Rstnce Window
      Interior area
      • Total interior livable area: 2,124 sqft

      Property

      Parking
      • Parking features: Open, Covered
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Open Porch/Balcony, Patio
      • Exterior features: Boat Slip
      • Fencing: Fenced
      • Has view: Yes
      • View description: Ocean, Water, Canal
      • Has water view: Yes
      • Water view: Ocean,Water,Canal
      • Waterfront features: Oceanfront, Open Water, Canal Front, Waterfront, Seawall: Concrete, Dock: Concrete, Dock Length: 270, Dockage: Boat Slip
      Lot
      • Size: 0.29 Acres
      • Features: 1/4 - 1/2 Acre
      Details
      • Parcel number: 00146790000000
      • Zoning: URM
      • Zoning description: Urban Res Mobile Home District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS
      • Roof: Concrete
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1996

      Utilities & green energy

      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA, Buyer to Verify

      Community & HOA

      Community
      • Features: Bike Paths
      • Subdivision: Geiger Mobile Home (9.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Geiger Key

      Financial & listing details

      • Price per square foot: $1,318/sqft
      • Tax assessed value: $1,468,116
      • Annual tax amount: $9,542
      • Date on market: 1/9/2026
      • Listing terms: Cash,Conventional
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        1/9/2026Listed for sale$2,799,000+300.7%$1,318/sqft
        Source: Key West AOR #618020 Report a problem
        10/2/2014Sold$698,500+16.4%$329/sqft
        Source: FLKMLS #564818 Report a problem
        8/19/2014Pending sale$600,000$282/sqft
        Source: BHHS FLORIDA PROPERTIES #W7600984 Report a problem
        7/18/2014Listed for sale$600,000-31.4%$282/sqft
        Source: BHHS FLORIDA PROPERTIES #W7600984 Report a problem
        8/4/2012Listing removed$875,000$412/sqft
        Source: CENTURY 21 Schwartz Realty #115843 Report a problem
        4/1/2012Price change$875,000-10.3%$412/sqft
        Source: CENTURY 21 Schwartz Realty #115843 Report a problem
        1/19/2012Listing removed$3,200$2/sqft
        Source: CENTURY 21 Schwartz Realty #115623 Report a problem
        1/19/2012Listed for sale$975,000-18.8%$459/sqft
        Source: CENTURY 21 Schwartz Realty #115843 Report a problem
        12/29/2011Price change$3,200-8.6%$2/sqft
        Source: CENTURY 21 Schwartz Realty #115623 Report a problem
        11/15/2011Listed for rent$3,500$2/sqft
        Source: Listhub #115623 Report a problem
        6/30/2011Listing removed$1,200,000$565/sqft
        Source: NCI #114059 Report a problem
        1/2/2011Listed for sale$1,200,000+961.9%$565/sqft
        Source: NCI #114059 Report a problem
        8/22/1995Sold$113,000$53/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$9,542 +5.4%$1,047,903 +2.9%
        2024$9,053 +3.5%$1,018,371 +3%
        2023$8,744 +2.7%$988,710 +3%
        2022$8,514 -3.4%$959,913 +3%
        2021$8,811 +0.4%$931,955 +1.4%
        2020$8,774 $919,088 +2.3%
        2019$8,774 +1.8%$898,425 +1.9%
        2018$8,615 -0.8%$881,674 +2.1%
        2017$8,684 +2.9%$863,540 -3.7%
        2016$8,441 +5.8%$896,733 +47.4%
        2015$7,979 $608,507

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $16,233/mo
        Principal & interest
        $14320
        Property taxes
        $1913
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          Climate risks

          Neighborhood: 33040

          Getting around

          2 / 100
          Car-Dependent
          28 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 33040

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