708 Bakers Ln, Key West, FL 33040

$1,400,000
1
BD
1
BA
684
SqFt

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Sold Price
$1,400,000
List Price
$1,495,000
Closing Date
Apr 02, 2026
MLS#
618002
Status
CLOSED
Island
Key West
County
Monroe
City
Key West
Area
Key West
Subdivision
Old Town - Unrecord (1.0)
Neighborhood
Old Town-N of Truman
Bedrooms
1
Bathrooms
1
Living Area
684
Acres
0.11
Year Built
1972
Days on Market
84

Property Description

Positioned on a rare 5000 Sq Ft. lot at one of the highest natural elevations on the Island, this property represents an exceptional opportunity in the heart of Old Town Key West - where location is everything. Set beneath a canopy of established trees, the site offers shade, privacy and a sense of timeless Old Town Character that is increasingly hard to find. Currently improved with a livable one-bedroom, one bath residence, the true value lies in the land itself. The existing structure provides flexibility - whether as a holding asset, future redevelopment or new build - allowing the next owner to capitalize on one of the most desirable settings in Key West. A full 10 out of 10 walkability Score, steps from world class dining, renowned live music cafes, galleries and the vibrant cultural fabric that defines the Island Lifestyle. A leisurely four minute walk to Duval St. underscores the property's unmatched proximity while maintaining a quieter, more refined residential feel. Opportunities of this caliber, high elevation, generous size lot, premier walkability and a blue chip location - are exceedingly rare. 708 Bakers Lane is a property for the discerning buyer who recognises that in Key West, land in the right spot is the ultimate luxury investment.

Additional Information

Taxes
$9,829
Furnished
Unfurnished
Appliances
Refrigerator, Range, Oven, Microwave
Property Condition
Fixer
Zoning
HDR - High Density Residential
Terms
Cash, Conventional, FHA

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Calculator source: Real Geeks

Listing Courtesy Of Suzanne Moore Real Estate, Contact: 305-797-0699

Selling Office: .