48 Merganser Ln

780 Sq. Ft.
$885 / Sq. Ft.
780
Sq. Ft.
$885
per Sq. Ft.

Description

Welcome to Sweet Tee! Escape to this charming 2-story townhome in the peaceful Key West Golf Club community. Featuring 2 bedrooms and 1.5 baths, this cozy retreat offers a relaxed island vibe just minutes from all that Key West has to offer--Old Town, beaches, and great local dining. The home has done well as a vacation rental and long term rental, thanks to its quiet setting and access to fantastic amenities, including two pools, a fitness center, and beautifully maintained green spaces. Whether...Welcome to Sweet Tee! Escape to this charming 2-story townhome in the peaceful Key West Golf Club community. Featuring 2 bedrooms and 1.5 baths, this cozy retreat offers a relaxed island vibe just minutes from all that Key West has to offer--Old Town, beaches, and great local dining. The home has done well as a vacation rental and long term rental, thanks to its quiet setting and access to fantastic amenities, including two pools, a fitness center, and beautifully maintained green spaces. Whether you're seeking a tranquil getaway, a place to call home or investment property, this townhome is the perfect spot to enjoy island living.
  1. Listed by Jose Wenzel, PA • Preferred Properties (KW)
  2. Listed by Philip Lawrence Lavoie • Preferred Properties (KW)

Property Details for 48 Merganser Lane

Waterfront
None
Waterfront
No
Zoning
SF - Single Family
Subdivision
Key West Golf Club Dev (4.0)
Directions
Proceed on US1 onto College Road. You'll see entrance for the Key West Golf Club. You will need to advise security who you are and the property you are visiting .
Building Style
Townhouse
Vehicle Storage
Open Parking, Guest Parking
LISTING UPDATED: 01/22/2026 11:33 AM

Property Details for 48 Merganser Lane

StatusActive
MLS #617995
Days on Market15
Taxes$4,608 / year
HOA Fees$510 / month
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / Townhouse
Year Built1995
Lot Size0.03 AC / 1,363 SF
CountyMonroe County

Location

Listing Courtesy of Preferred Properties (KW)
Add your commute

Building Information for 48 Merganser Lane

Stories2Residences-Year Built1995Lot Size0.03 AC / 1,363 SF

Payment Calculator

$4,257 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,363

Property Taxes

$384

HOA Dues

$510

The Payment Calculator is for illustrative purposes only.

Property Information for 48 Merganser Lane

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 04 - Key West
  • Absolute Longitude: 81.73923
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Median
  • KW Neighborhood: Key West Golf Club
  • Mile Marker: 4.0
  • Marathon Neighborhood: N/A
  • Neighborhood Feature: Community Pool, Fire Hydrant, Manager on Premises, Clubhouse
  • Key/Island: Key West
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: Condo Doc's: Yes
  • Association Info: 1st Right of Refusal: Yes
  • Association Info: Assoc Approval Req: Yes
  • License Info: # of City License: 1
  • License Info: # of County License: 1
  • Fee Includes: Cable, Security, Common Area Mnt
  • Furnished: Furnished
  • Tax Year: 2025
  • Tax Exemptions: None
Property
Lot Information
  • Acres: 0.03
  • Parcel #: 00072081-000124
  • Land Size: Less Than 1/4 Acre
  • License Info: Non Trans Rntl Lic
Property and Assessments
  • Legal: TOWNHOME UNIT 28 KEY WEST GOLF CLUB DEVELOPMENT OR1377-750 OR1379-441 OR1864-751 OR2598-1302 OR2748-45 OR2949-1190 OR29
  • MLS Approved: Y
  • SqFt Source: Property Data Card
  • Flood Zone: AE
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Unknown
  • Picture Count: 30
  • Document Count: 0
  • Building Style: Above Flood: Yes
  • Security: Manned Gate, Patrolled Area
Utilities
  • Utilities: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter, Community Swr Plant
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: Other: 2 Community Pools
  • Pool Info: Heated: Yes
  • Pool Info: In Ground, Decked, Concrete
  • Porch/Balcony: Open Porch/Balcony
Interior and Exterior Features
Interior Features
  • Floor: Tile, Laminate
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Roof: Metal Roof
  • Construction: Frame, Hardi Board Siding
  • Dockage: None
Room Information
  • Specialty Rooms: Gym

Property History for 48 Merganser Lane

DateEvent & SourcePriceAppreciation
Jan 8, 2026

Listed (Active)

FKMLS #617995

$690,000
Aug 1, 2025

Temp Off Market

FKMLS #613747

Feb 15, 2025

Price Change

FKMLS #613747

$773,000
Feb 15, 2025

Listed (Active)

FKMLS #613747

$689,000
Jul 19, 2023

Sold

FKMLS #604240

$688,000
Jul 17, 2023

Sold (Public Record)

Public Record #1516233970

$688,000

+21.8% / yr

May 2, 2023

Backup Contract

FKMLS #604240

May 1, 2023

Pending

FKMLS #604240

Feb 17, 2023

Price Change

FKMLS #604240

$750,000
Feb 17, 2023

Price Change

FKMLS #604240

$720,000
Feb 17, 2023

Listed (Active)

FKMLS #604240

$699,000
Jul 2, 2021

Sold (Public Record)

Public Record #1467062992

$460,000

+5.5% / yr

Sep 4, 2019

Sold (Public Record)

Public Record #652783721

$417,500

+17.2% / yr

Sep 4, 2019

Sold

FKMLS #586593

$417,500
Sep 3, 2019

Pending

FKMLS #586593

Jul 21, 2019

Listed (Active)

FKMLS #586593

$425,000
Feb 15, 2019

Sold

FKMLS #582148

$380,000
Jan 30, 2019

Sold (Public Record)

Public Record #640583717

$380,000

+5.4% / yr

Dec 21, 2018

Pending

FKMLS #582148

Oct 3, 2018

Listed (Active)

FKMLS #582148

$399,000
Jun 26, 2015

Sold (Public Record)

Public Record #552741408

$315,000

+5.7% / yr

Jun 26, 2015

Sold

FKMLS #121542

$315,000
May 24, 2015

Pending

FKMLS #121542

May 4, 2015

Listed (Active)

FKMLS #121542

$329,000
Nov 12, 2012

Sold (Public Record)

Public Record #344258188

$272,500
Nov 12, 2012

Sold

FKMLS #116858

$272,500
Oct 24, 2012

Pending

FKMLS #116858

Aug 19, 2012

Listed (Active)

FKMLS #116858

$280,000
Mar 1, 2003

Sold

FKMLS #513940

$249,000
Jan 15, 2003

Pending

FKMLS #513940

Nov 21, 2002

Listed (Active)

FKMLS #513940

$249,000
DateEvent & SourcePrice
01/08/2026

Listed (Active)

FKMLS #617995

$690,000
08/01/2025

Temp Off Market

FKMLS #613747

02/15/2025

Price Change

FKMLS #613747

$773,000
02/15/2025

Listed (Active)

FKMLS #613747

$689,000
07/19/2023

Sold

FKMLS #604240

$688,000
07/17/2023

Sold (Public Record)

Public Record #1516233970

$688,000

+21.8% / yr

05/02/2023

Backup Contract

FKMLS #604240

05/01/2023

Pending

FKMLS #604240

02/17/2023

Price Change

FKMLS #604240

$750,000
02/17/2023

Price Change

FKMLS #604240

$720,000
02/17/2023

Listed (Active)

FKMLS #604240

$699,000
07/02/2021

Sold (Public Record)

Public Record #1467062992

$460,000

+5.5% / yr

09/04/2019

Sold (Public Record)

Public Record #652783721

$417,500

+17.2% / yr

09/04/2019

Sold

FKMLS #586593

$417,500
09/03/2019

Pending

FKMLS #586593

07/21/2019

Listed (Active)

FKMLS #586593

$425,000
02/15/2019

Sold

FKMLS #582148

$380,000
01/30/2019

Sold (Public Record)

Public Record #640583717

$380,000

+5.4% / yr

12/21/2018

Pending

FKMLS #582148

10/03/2018

Listed (Active)

FKMLS #582148

$399,000
06/26/2015

Sold (Public Record)

Public Record #552741408

$315,000

+5.7% / yr

06/26/2015

Sold

FKMLS #121542

$315,000
05/24/2015

Pending

FKMLS #121542

05/04/2015

Listed (Active)

FKMLS #121542

$329,000
11/12/2012

Sold (Public Record)

Public Record #344258188

$272,500
11/12/2012

Sold

FKMLS #116858

$272,500
10/24/2012

Pending

FKMLS #116858

08/19/2012

Listed (Active)

FKMLS #116858

$280,000
03/01/2003

Sold

FKMLS #513940

$249,000
01/15/2003

Pending

FKMLS #513940

11/21/2002

Listed (Active)

FKMLS #513940

$249,000

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

Public Records for 48 Merganser Lane

Taxable ValueLand$293,386Additions$198,280Total$491,666
Tax Record2024$5,024 ($419 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt780 SqFtAbove Grade Finished SqFt780 SqFtStories2Lot Size1,363 SqFtStyleSingle Family ResidenceYear Built1995Year Renovated2018CountyMONROEAPN00072081-000124

Schools near 48 Merganser Lane

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - K to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Gerald Adams Elementary School
PublicPK to 5

Sigsbee Charter School
CharterK to 8

Key West High School
Public9 to 12

The College Of The Florida Keys Academy
Charter9 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.

Similar Homes

Similar Sold Homes

48 Merganser Lane is a townhouse for sale in Key West, FL 33040. This property was listed for sale on January 8, 2026 by Preferred Properties (KW), it's currently listed at $690,000. It has been on the market for a total of 15 days and was last sold on July 19, 2023. This listing's school district is Monroe. Nearby schools include Gerald Adams Elementary School, Sigsbee Charter School and Key West High School. 48 Merganser Lane is a 2-bed, 2-bath, 780 sqft townhouse built in 1995.

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 Preferred Properties (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.