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118 Admirals Ln

Key West, FL 33040

4 bd 3 ba 1,904 sqft Built 1998 Lot 4,188 sqft single_family
Most recent sale
$3,089,000
Mar 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2024 Listing removed $2,499,000 Marathon
Jan 17, 2024 Listed $3,650,000 KeyWest
Mar 3, 2022 Sold $3,089,000 KeyWest
Jul 22, 2020 Listing removed $2,499,000 Marathon
Jul 16, 2020 Listing removed $2,499,000 FloridaKeys
Feb 1, 2019 Listing removed $2,499,000 Marathon
Mar 26, 2007 Listing removed $2,499,000 FloridaKeys
Aug 28, 2006 Sold $2,150,000 Marathon
Jul 11, 2006 Listing removed $2,499,000 FloridaKeys
May 9, 2006 Listed $2,499,000 FloridaKeys
Apr 13, 2006 Listed $2,200,000 Marathon
Apr 25, 2003 Sold $1,700,000 KeyWest
Sep 3, 2002 Listed $1,800,000 KeyWest
Apr 16, 2001 Sold $1,075,000 KeyWest
Dec 5, 2000 Listed $1,099,500 KeyWest
Sep 17, 1996 Sold $210,000 Public Record
Sep 17, 1993 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $951,409 $1,673,106 $2,624,515 $22,168
2023 $906,411 $2,135,880 $3,042,291 $25,917
2022 $2,003,352 $18,621
2021 $722,298 $1,098,931 $1,821,229 $16,376
2020 $738,520 $1,172,640 $1,911,160 $17,113
2019 $660,844 $1,465,800 $2,126,644 $19,164
2018 $2,101,244 $19,412
2017 $436,045 $1,474,176 $1,910,221 $17,932
2016 $390,369 $1,357,741 $1,748,110 $17,357
2015 $1,583,870 $16,444
2014 $1,439,882 $15,927
2013 $1,308,984 $14,203
2012 $1,257,018 $13,383
2011 $1,356,704 $14,509
2010 $1,274,384 $14,228
2009 $1,263,921 $12,844
2008 $1,681,670 $14,955
2007 $1,658,776 $13,748

Property facts

Year built
1998
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,904 sqft
Lot size
4,188 sqft
ZIP code
33040
City
Key West
Street
Admirals Ln
Coordinates
24.55624, -81.80570

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$18,534
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 118 Admirals Ln last sell?
118 Admirals Ln most recently sold on Mar 3, 2022 for $3,089,000.
What is the current tax assessment for 118 Admirals Ln?
The most recent total assessment for 118 Admirals Ln (year 2025) is $2,624,515 with $22,168 in property tax.
How does 118 Admirals Ln's assessment compare to its last sale price?
The current assessment is 15.0% below the last sale price of $3,089,000.
When was 118 Admirals Ln built?
118 Admirals Ln was built in 1998.
How does 118 Admirals Ln compare to others on Admirals Ln?
We track 8 other properties on Admirals Ln. Browse the list under "Other properties on Admirals Ln" to compare beds, baths, and sale history.
What are the property facts for 118 Admirals Ln?
118 Admirals Ln is a 4 bed, 3 bath, 1,904 sqft, 4,188 sqft lot single_family.
Is 118 Admirals Ln a flip candidate?
No — 118 Admirals Ln does not appear in our flips dataset.
Is 118 Admirals Ln a tax-appeal candidate?
No — 118 Admirals Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.3%
Implied 1-yr
+13.2%
2026 Q3
$1.76M
2026 Q4
$1.81M
ZIP 33040 — Median Price History + Forecast

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