508 Louisa St, Unit 3

$865,000
Price
2
Beds
712 Sq. Ft.
$1,215 / Sq. Ft.
712
Sq. Ft.
$1,215
per Sq. Ft.

Description

Welcome to your slice of paradise in Key West! This charming 2-bedroom, 2-bathroom condo located just steps from Duval Street offers an incredible opportunity. Currently utilized as an income-producing vacation rental, this home presents the perfect blend of comfort and convenience.Nestled in the heart of Key West, this condo boasts proximity to renowned attractions, vibrant restaurants, and the lively energy of Duval Street, ensuring endless entertainment options for residents and guests alike....Welcome to your slice of paradise in Key West! This charming 2-bedroom, 2-bathroom condo located just steps from Duval Street offers an incredible opportunity. Currently utilized as an income-producing vacation rental, this home presents the perfect blend of comfort and convenience.Nestled in the heart of Key West, this condo boasts proximity to renowned attractions, vibrant restaurants, and the lively energy of Duval Street, ensuring endless entertainment options for residents and guests alike. Just a few blocks away lies Key West's South Beach, where sun-soaked days and breathtaking sunrises await.The interior of this inviting condo features two spacious bedrooms, providing ample room for relaxation and rejuvenation after a day of exploring the island. The well-appointed bathrooms offer both style and functionality, catering to the needs of residents and visitors.Whether you're lounging on the private balcony, enjoying the tropical breeze, or venturing out to experience the vibrant culture of Key West, this condo offers the quintessential island lifestyle. Don't miss your chance to own a piece of paradise and capitalize on the flourishing vacation rental market in this coveted location.Seize this opportunity to invest in Key West living at its finest. Schedule your showing today and envision the endless possibilities that await in this delightful condo just steps from Duval Street!

Listing Agents

  1. Paul Brooks

    Paul Brooks

    Listing Agent

    Compass

    paul.brooks@compass.com

    P: (828)-674-6137

  2. Miriam Novotny PA

    Miriam Novotny PA

    Alternative Listing Agent

    Compass

Property Details for 508 Louisa Street, Unit 3

Waterfront
None
Waterfront
No
Zoning
HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Subdivision
Old Town - Unlisted (1.0)
Pets
Pets Allowed
LISTING UPDATED: 12/12/2025 08:28 AM

Property Details for 508 Louisa Street, Unit 3

StatusActive
MLS #617669
Days on Market22
Taxes$6,045 / year
HOA Fees$600
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1933
CountyMonroe County

Location

Add your commute

Building Information for 508 Louisa Street, Unit 3

Building/Complex508 Louisa StFloor-Stories-Residences-Pet PolicyAllowedPet Policy Details-Year Built1933

Payment Calculator

$5,378 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,274

Property Taxes

$504

HOA Dues

$600

The Payment Calculator is for illustrative purposes only.

Property Information for 508 Louisa Street, Unit 3

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 02 - Key West
  • Absolute Longitude: 81.797131
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Median
  • KW Neighborhood: Old Town-S of Truman
  • Mile Marker: 1.0
  • Marathon Neighborhood: N/A
  • Key/Island: Key West
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: 1st Right of Refusal: No
  • License Info: # of City License: 1
  • License Info: # of County License: 1
  • Fee Includes: Building Insurance, Common Area Mnt
  • Furnished: Furnished, Negotiable
  • Tax Year: 2024
  • Tax Exemptions: None
Property
Lot Information
  • SqFt Remarks: Buyer to Verifiy
  • Parcel #: 00028910-000103
  • Land Size: Less Than 1/4 Acre
  • License Info: Non Trans Rntl Lic
Property and Assessments
  • Legal: UNIT 3 508 LOUISA CONDOMINIUM OR2119-2042 OR3157-0219
  • MLS Approved: Y
  • SqFt Source: Property Data Card
  • Flood Zone: AE
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Unknown
  • Picture Count: 23
  • Document Count: 0
  • Building Style: Above Flood: Unknown
  • Property Condition: Updated/Remodeled
Utilities
  • Utilities: FKAA, Buyer to Verify, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Pool: No
  • Porch/Balcony: Open Porch/Balcony
Interior and Exterior Features
Interior Features
  • Floor: Wood, Carpet
  • Floor Number: 2.0
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Roof: Metal Roof
  • Shutters: Panel
  • Construction: Frame
  • Dockage: None

Property History for 508 Louisa Street, Unit 3

DateEvent & SourcePriceAppreciation
Dec 11, 2025

Listed (Active)

FKMLS #617669

$865,000
Apr 30, 2025

Expired

FKMLS #612141

Nov 6, 2024

Listed (Active)

FKMLS #612141

$865,000
Oct 31, 2024

Expired

FKMLS #610742

Jul 11, 2024

Listed (Active)

FKMLS #610742

$865,000
Jul 9, 2024

Expired

FKMLS #608653

Feb 9, 2024

Price Change

FKMLS #608653

$910,000
Feb 9, 2024

Listed (Active)

FKMLS #608653

$895,000
Feb 18, 2022

Sold

FKMLS #598235

$715,000
Feb 15, 2022

Sold (Public Record)

Public Record #1485042582

$715,000

+1.1% / yr

Jan 21, 2022

Pending

FKMLS #598235

Jan 21, 2022

Backup Contract

FKMLS #598235

Oct 25, 2021

Listed (Active)

FKMLS #598235

$750,000
Jun 3, 2005

Sold

FKMLS #94006

$599,000
Jun 2, 2005

Sold (Public Record)

Public Record #159390124

$599,000
May 4, 2005

Pending

FKMLS #94006

Oct 12, 2004

Listed (Active)

FKMLS #94006

$599,000
DateEvent & SourcePrice
12/11/2025

Listed (Active)

FKMLS #617669

$865,000
04/30/2025

Expired

FKMLS #612141

11/06/2024

Listed (Active)

FKMLS #612141

$865,000
10/31/2024

Expired

FKMLS #610742

07/11/2024

Listed (Active)

FKMLS #610742

$865,000
07/09/2024

Expired

FKMLS #608653

02/09/2024

Price Change

FKMLS #608653

$910,000
02/09/2024

Listed (Active)

FKMLS #608653

$895,000
02/18/2022

Sold

FKMLS #598235

$715,000
02/15/2022

Sold (Public Record)

Public Record #1485042582

$715,000

+1.1% / yr

01/21/2022

Pending

FKMLS #598235

01/21/2022

Backup Contract

FKMLS #598235

10/25/2021

Listed (Active)

FKMLS #598235

$750,000
06/03/2005

Sold

FKMLS #94006

$599,000
06/02/2005

Sold (Public Record)

Public Record #159390124

$599,000
05/04/2005

Pending

FKMLS #94006

10/12/2004

Listed (Active)

FKMLS #94006

$599,000

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

Public Records for 508 Louisa Street, Unit 3

Taxable ValueLand-Additions$675,933Total-
Tax Record2024$6,045 ($504 / month)
Home Facts
Beds2Baths2Total Finished SqFt712 SqFtAbove Grade Finished SqFt712 SqFtLot Size4,520 SqFtStyleCondominiumYear Built1933CountyMONROEAPN00028910-000103

Schools near 508 Louisa Street, Unit 3

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

Key West High School
Public9 to 12

May Sands Montessori School
CharterPK to 8

Keys Center
Public8 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

508 Louisa Street, Unit 3 is a condo for sale in Key West, FL 33040. This property was listed for sale on December 11, 2025 by Compass, it's currently listed at $865,000. It has been on the market for a total of 22 days and was last sold on February 18, 2022. This listing's school district is Monroe. Nearby schools include Horace O'bryant School, Key West High School and May Sands Montessori School. 508 Louisa Street, Unit 3 is a 2-bed, 2-bath, 712 sqft condo built in 1933.

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.

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.