405 Petronia St

1,596 Sq. Ft.
$1,880 / Sq. Ft.
1,596
Sq. Ft.
$1,880
per Sq. Ft.

Description

Heart of Old Town Key West. Very rare FULLY RENTED income producing mixed-use property. 2/2 residential, office plus a detached restaurant. Seller financing is available to immediately start your investment opportunity! Call now for your private showing.Heart of Old Town Key West. Very rare FULLY RENTED income producing mixed-use property. 2/2 residential, office plus a detached restaurant. Seller financing is available to immediately start your investment opportunity! Call now for your private showing.
  1. Listed by Bobby W Coe IV • RE/MAX Keys Connection (KW)
  2. Listed by Curtis A Skomp, CCIM • RE/MAX Keys Connection (KW)

Property Details for 405 Petronia Street

Waterfront
None
Waterfront
No
Zoning
HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Subdivision
Old Town - Unlisted (1.0)
Building Style
Conch
LISTING UPDATED: 04/17/2026 02:54 PM

Property Details for 405 Petronia Street

StatusActive
MLS #616727
Days on Market234
Taxes$6,423 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential / Multi-Units
Year Built1912
Lot Size0.05 AC / 2,094 SF
CountyMonroe County

Location

Listing Courtesy of RE/MAX Keys Connection (KW)
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Building Information for 405 Petronia Street

Stories-Residences3Year Built1912Building Size-Lot Size0.05 AC / 2,094 SF

Payment Calculator

$15,485 per month

30 year fixed, 6.36% Interest

Principal and Interest

$14,949

Property Taxes

$535

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 405 Petronia Street

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 02 - Key West
  • Absolute Longitude: 81.801525
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Median
  • KW Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.0
  • Marathon Neighborhood: N/A
  • Key/Island: Key West
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • License Info: # of City License: 3
  • Fee Includes: None
  • Furnished: Unfurnished
  • Tax Year: 2024
  • Tax Exemptions: Homestead
Property
Lot Information
  • Acres: 0.05
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • MLS Approved: Y
  • SqFt Source: Tax Records
  • Flood Zone: X
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Unknown
  • Picture Count: 47
  • Document Count: 0
  • Building Style: Above Flood: Unknown
  • Property Condition: Updated/Remodeled
  • Title: Negotiable
Utilities
  • Utilities: Buyer to Verify
  • Pub Sewer HkUp: Yes
  • Pool: No
Interior and Exterior Features
Interior Features
  • Appliances: Oven
Exterior Features
  • Construction: Combo Construction
  • Dockage: None

Property History for 405 Petronia Street

DateEvent & SourcePriceAppreciation
Oct 4, 2025

Listed (Active)

FKMLS #616727

$2,999,999
Aug 31, 2025

Expired

FKMLS #613064

Jan 9, 2025

Listed (Active)

FKMLS #613064

$2,999,999
DateEvent & SourcePrice
10/04/2025

Listed (Active)

FKMLS #616727

$2,999,999
08/31/2025

Expired

FKMLS #613064

01/09/2025

Listed (Active)

FKMLS #613064

$2,999,999

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 405 Petronia Street

Taxable ValueLand$587,995Additions$237,567Total$825,562
Tax Record2024$6,423 ($535 / month)
Home Facts
Baths4Total Finished SqFt1,596 SqFtAbove Grade Finished SqFt1,596 SqFtStories3Lot Size2,094 SqFtStyleMiscellaneous CommercialYear Built1999CountyMONROEAPN00016240-000000

Schools near 405 Petronia Street

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 6 to 12
Public - K to 5
Rating
School
Distance
Horace O'bryant School
PublicPK to 8

Key West High School
Public9 to 12

Monroe Virtual Franchise
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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405 Petronia Street is a multi-family home for sale in Key West, FL 33040. This property was listed for sale on October 4, 2025 by RE/MAX Keys Connection (KW), it's currently listed at $2,999,999. It has been on the market for a total of 234 days and was last sold on March 14, 2013. This listing's school district is Monroe. Nearby schools include Horace O'bryant School, Key West High School and Monroe Virtual Franchise. 405 Petronia Street is a 2-bed, 4-bath, 1,596 sqft multi-family home built in 1912.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Keys Connection (KW)

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.