Welcome to your slice of paradise in Key West! This charming 2-bedroom, 2-bathroom condo located just steps from Duval Street offers an incredible opportunity. Currently utilized as an income-producing vacation rental, this home presents the perfect blend of comfort and convenience.Nestled in the heart of Key West, this condo boasts proximity to renowned attractions, vibrant restaurants, and the lively energy of Duval Street, ensuring endless entertainment options for residents and guests alike. Just a few blocks away lies Key West's South Beach, where sun-soaked days and breathtaking sunrises await.The interior of this inviting condo features two spacious bedrooms, providing ample room for relaxation and rejuvenation after a day of exploring the island. The well-appointed bathrooms offer both style and functionality, catering to the needs of residents and visitors.Whether you're lounging on the private balcony, enjoying the tropical breeze, or venturing out to experience the vibrant culture of Key West, this condo offers the quintessential island lifestyle. Don't miss your chance to own a piece of paradise and capitalize on the flourishing vacation rental market in this coveted location.Seize this opportunity to invest in Key West living at its finest. Schedule your showing today and envision the endless possibilities that await in this delightful condo just steps from Duval Street!
For sale
$865,000
508 Louisa St APT 3, Key West, FL 33040
2beds
712sqft
Est.:
Condominium, Residential - Condo/Townhouse
Built in 1933
-- sqft lot
$816,800 Zestimate®
$1,215/sqft
$600/mo HOA
What's special
Private balconyTwo spacious bedroomsWell-appointed bathrooms
- 2 hours |
- 173 |
- 7 |
Zillow last checked: 8 hours ago
Listing updated: 16 hours ago
Listed by:
Paul Brooks 828-674-6137,
Compass Florida, LLC,
Miriam Novotny 305-942-9684,
Compass Florida, LLC
Source: FLKMLS,MLS#: 617669
Originating MLS: Key West Association
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Features
- Flooring: Wood, Carpet
- Windows: Panel
Interior area
- Total interior livable area: 712 sqft
Property
Features
- Patio & porch: Open Porch/Balcony
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00028910000103
- Zoning: HRCC
- Zoning description: (1 4) - Hist Res Comm Core 1-4 SF Specl
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential - Condo/Townhouse
Materials
- Frame
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1933
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Buyer to Verify
Community & HOA
Community
- Subdivision: Old Town - Unlisted (1.0)
HOA
- Has HOA: Yes
- Services included: Building Insurance, Maintenance Grounds
- HOA fee: $600 monthly
Location
- Region: Key West
Financial & listing details
- Price per square foot: $1,215/sqft
- Tax assessed value: $675,933
- Annual tax amount: $6,045
- Date on market: 12/11/2025
- Listing terms: Cash,FHA,Conventional
Estimated market value
$816,800
$776,000 - $858,000
$4,408/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2025 | Listing removed | $865,000$1,215/sqft |
Source: | ||
| 11/7/2024 | Listed for sale | $865,000$1,215/sqft |
Source: | ||
| 9/9/2024 | Listing removed | $865,000$1,215/sqft |
Source: | ||
| 7/12/2024 | Listed for sale | $865,000-3.4%$1,215/sqft |
Source: | ||
| 7/10/2024 | Listing removed | -- |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,124 +1.3% | $675,933 |
| 2024 | $6,045 -1.2% | $675,933 |
| 2023 | $6,119 +28.1% | $675,933 +34.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,670/mo
Principal & interest
$4176
HOA Fees
$600
Other costs
$894
Climate risks
Neighborhood: Upper Duvall
Nearby schools
GreatSchools rating
- 3/10Horace O'bryant SchoolGrades: PK-8Distance: 0.9 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 1.3 mi
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