516 Elizabeth St
Key West, FL 33040
2 bd 2 ba 1,411 sqft Built 1933 Lot 1,983 sqft single_family
Most recent sale
$890,000
Feb 22, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 22, 2024 | Price changed | $1,649,000 | KeyWest |
| Apr 2, 2024 | Price changed | $1,699,000 | KeyWest |
| Jan 22, 2024 | Price changed | $1,749,000 | KeyWest |
| Nov 8, 2023 | Listed | $1,799,000 | KeyWest |
| Feb 22, 2021 | Sold | $890,000 | KeyWest |
| Oct 18, 2016 | Listing removed | $550 | Rently |
| Sep 29, 2016 | Listed for rent | $550 | Rently |
| Feb 17, 1994 | Sold | $145,000 | Public Record |
| Apr 1, 1991 | Sold | $110,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $320,414 | $572,790 | $893,204 | $8,265 |
| 2021 | — | — | $677,449 | $6,869 |
| 2020 | $195,457 | $420,406 | $615,863 | $6,222 |
| 2019 | $198,334 | $443,101 | $641,435 | $6,490 |
| 2018 | $201,209 | $393,725 | $594,934 | $6,181 |
| 2017 | $201,212 | $393,725 | $594,937 | $6,086 |
| 2016 | $178,519 | $351,544 | $530,063 | $5,846 |
| 2015 | $176,564 | $287,943 | $464,507 | $5,473 |
| 2014 | — | — | $448,947 | $5,502 |
| 2013 | — | — | $415,938 | $5,209 |
| 2012 | — | — | $378,543 | $4,030 |
| 2011 | — | — | $366,632 | $3,920 |
| 2010 | — | — | $372,937 | $4,163 |
| 2009 | — | — | $504,146 | $5,123 |
| 2008 | — | — | $552,610 | $4,914 |
| 2007 | — | — | $607,989 | $5,039 |
Property facts
Year built
1933
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,411 sqft
Lot size
1,983 sqft
ZIP code
33040
City
Key West
Street
Elizabeth St
Coordinates
24.55685, -81.80018
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,340
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 516 Elizabeth St last sell?
516 Elizabeth St most recently sold on Feb 22, 2021 for $890,000.
What is the current tax assessment for 516 Elizabeth St?
The most recent total assessment for 516 Elizabeth St (year 2022) is $893,204 with $8,265 in property tax.
How does 516 Elizabeth St's assessment compare to its last sale price?
The current assessment is 0.4% above the last sale price of $890,000.
When was 516 Elizabeth St built?
516 Elizabeth St was built in 1933.
How does 516 Elizabeth St compare to others on Elizabeth St?
We track 8 other properties on Elizabeth St. Browse the list under "Other properties on Elizabeth St" to compare beds, baths, and sale history.
What are the property facts for 516 Elizabeth St?
516 Elizabeth St is a 2 bed, 2 bath, 1,411 sqft, 1,983 sqft lot single_family.
Is 516 Elizabeth St a flip candidate?
No — 516 Elizabeth St does not appear in our flips dataset.
Is 516 Elizabeth St a tax-appeal candidate?
No — 516 Elizabeth St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.3%
Implied 1-yr
+13.2%
2026 Q3
$1.76M
2026 Q4
$1.81M
ZIP 33040 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elizabeth St