308 Peacon Lane, KEY WEST, FL 33040
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by:vic musmanno
Office:coldwell banker schmitt real estate co. (kw)
MLS#:612553
Source:FL_FKBOR
Price summary
- Price:$990,000
- Price per sq. ft.:$763.89
About this home
Yes - not too good to be true or a misprint! Priced to sell for just $990,000 with this $400,000 price reduction. Rare 2 unit property in Old Town! Enjoy Key West living on one of our most picturesque Old Town lanes. Located in the heart of the historic district and near the seaport, everything you want in Key West is right out your door. Built in the early 1900s, over the years the home was converted into a legal 2-unit property with separate water & electric accounts. The configuration is upstairs (large 1 BR & 1 BA with a sleeping loft) and downstairs (2 BR & 1.5 BA) units, with an exterior staircase. Both units have a front & rear porch, balcony, or deck. For your parking convenience, an off-street spot is in front of the property. Prime location, opportunity & value!
Contact an agent
Home facts
- Year built:1923
- Listing Id #:612553
- Added:258 day(s) ago
- Updated:August 21, 2025 at 02:26 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Living area:1,296 sq. ft.
Structure and exterior
- Roof:Metal Roof
- Year built:1923
- Building area:1,296 sq. ft.
- Lot area:0.05 Acres
Utilities
- Water:Water Separate Meter
- Sewer:Municipal Sewer
Finances and disclosures
- Price:$990,000
- Price per sq. ft.:$763.89
- Tax amount:$7,266 (2024)
New listings near 308 Peacon Lane
- New
$1,595,000Active2 beds 2 baths1,558 sq. ft.5601 College Road #A201, KEY WEST, FL 33040
MLS# 616199Listed by: PREFERRED PROPERTIES (KW) - Open Sun, 11am to 1pmNew
$1,495,000Active3 beds 3 baths1,477 sq. ft.1718 United Street, KEY WEST, FL 33040
MLS# 616195Listed by: KEY WEST VACATION PROPERTIES & REALTY, LLC (KW) - New
$1,100,000Active3 beds 3 baths1,860 sq. ft.2811 Venetian Drive, KEY WEST, FL 33040
MLS# 616183Listed by: BASCOM GROOMS REAL ESTATE (KW) - New
$509,900Active2 beds 2 baths1,032 sq. ft.3313 Pearl Avenue, Key West, FL 33040
MLS# R11115469Listed by: FLORIDA PHOENIX REALTY LLC - New
$489,000Active2 beds 2 baths792 sq. ft.3312 Northside Drive #611, KEY WEST, FL 33040
MLS# 616112Listed by: BUY THE KEYS - New
$1,275,000Active2 beds 2 baths1,242 sq. ft.1017 Simonton Street #103, KEY WEST, FL 33040
MLS# 616107Listed by: EXPERT REALTY LLC (HQ) - New
$3,999,000Active4 beds 4 baths2,173 sq. ft.517 Elizabeth Street, KEY WEST, FL 33040
MLS# 616104Listed by: EXPERT REALTY LLC (HQ) 
$3,499,000Active3 beds 3 baths1,872 sq. ft.1405-1409 United Street, KEY WEST, FL 33040
MLS# 616089Listed by: RE/MAX KEYS CONNECTION (KW)
$1,750,000Active1 beds 2 baths1,212 sq. ft.715 Chapman Lane, KEY WEST, FL 33040
MLS# 616084Listed by: OCEAN SOTHEBY'S INTERNATIONAL REALTY
$4,125,000Active5 beds 6 baths4,103 sq. ft.231 E Shore Drive #Unit 5, Key West, FL 33040
MLS# R11113480Listed by: SERHANT
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each Office is Independently Owned and Operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.