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718 Bakers Ln

Key West, FL 33040

3 bd 3 ba 1,714 sqft Built 1933 Lot 2,483 sqft single_family
Most recent sale
$1,550,000
Jul 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 11, 2025 Listed $1,850,000 KeyWest
Nov 20, 2024 Sold $1,675,000 KeyWest
Jul 24, 2024 Price changed $1,750,000 KeyWest
Jun 3, 2024 Price changed $1,850,000 KeyWest
May 13, 2024 Price changed $1,995,000 KeyWest
Apr 29, 2024 Listed $2,099,000 KeyWest
Jul 25, 2022 Sold $1,550,000 MLS #601305
Jun 7, 2022 Listed $1,595,000 MLS #601305
Apr 15, 2022 Listed $2,650,000 MLS #600591
Nov 12, 2007 Sold $430,000 MLS #95650
Oct 13, 2005 Listed $535,000 MLS #95650

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $427,815 $712,206 $1,140,021 $10,505
2023 $389,513 $1,006,935 $1,396,448 $12,610
2022 $393,811 $613,751 $1,007,562 $9,208
2021 $456,889 $402,135 $859,024 $7,594
2020 $467,359 $365,693 $833,052 $7,697
2019 $765,842 $7,360
2018 $379,116 $317,104 $696,220 $6,683
2017 $387,741 $317,104 $704,845 $6,875
2016 $176,636 $602,225 $778,861 $7,400
2015 $624,224 $7,037
2014 $567,477 $6,955
2013 $515,889 $6,041
2012 $468,609 $5,220
2011 $426,009 $4,555
2010 $438,128 $4,891
2009 $492,522 $5,005
2008 $529,199 $4,706
2007 $538,652 $4,464

Property facts

Year built
1933
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,714 sqft
Lot size
2,483 sqft
ZIP code
33040
City
Key West
Street
Bakers Ln
Coordinates
24.55628, -81.79844

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
$9,300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 718 Bakers Ln last sell?
718 Bakers Ln most recently sold on Jul 25, 2022 for $1,550,000.
What is the current tax assessment for 718 Bakers Ln?
The most recent total assessment for 718 Bakers Ln (year 2025) is $1,140,021 with $10,505 in property tax.
How does 718 Bakers Ln's assessment compare to its last sale price?
The current assessment is 26.5% below the last sale price of $1,550,000.
When was 718 Bakers Ln built?
718 Bakers Ln was built in 1933.
How does 718 Bakers Ln compare to others on Bakers Ln?
We track 3 other properties on Bakers Ln. Browse the list under "Other properties on Bakers Ln" to compare beds, baths, and sale history.
What are the property facts for 718 Bakers Ln?
718 Bakers Ln is a 3 bed, 3 bath, 1,714 sqft, 2,483 sqft lot single_family.
Is 718 Bakers Ln a flip candidate?
No — 718 Bakers Ln does not appear in our flips dataset.
Is 718 Bakers Ln a tax-appeal candidate?
No — 718 Bakers 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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