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1123 Petronia Street, Key West, FL 33040

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For Sale

$1,270,000

2 beds • 2 baths • 1 half baths • 976 sqft

Estimated Payment

$ 6,931 /mo. †

6.85% APR for 30 yrs.
$3,287 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $1,301.23
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Take advantage of this $24,000 price improvement!Located in the heart of Old Town, this modern redesigned historic home is filled with light and love as a welcomed new addition to the Key West real estate market. On an intimate less traveled street, an inviting front porch brings you into a truly wonderful haven that is entirely move in ready with no loose ends or repairs needed. Distressed pine walls of old and a sparkling new kitchen and baths are refreshing for you to enjoy a true coastal modernist experience. French doors off the main living open to a tranquil tropical outdoor space to hear the palms rustle in the breeze and gaze at starry nights. The upstairs features 2 en-suite bedrooms & baths for ultimate privacy, and a balcony is off the guest suite to sip coffee to take in the sunrise. With a higher elevation in Key West, the property is in the preferred X Zone reducing insurance costs. Priced to sell for just $1,270,000.
MLS# 612595

Courtesy Of Coldwell Banker Schmitt Real Estate Co. (KW)

(305) 296-7727

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Floor Covering
    Tile, Wood
  • Lot Size
    0.03 Acres
  • Roof Type
    Metal
  • View Type
    Water

Map and Directions

Directions to 1123 Petronia Street, Key West, FL 33040

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $6,657
  • Property Taxes
    $273
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $6,931

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Horace O'bryant School

Grades PK-8 Public School

Key West, FL 33040 0.4 miles
1105 leon st

1038 total students
13:1 Student teacher ratio

School Rating: D+

School Details

Key West High School

Grades 9-12 Public School

Key West, FL 33040 1 miles
2100 flagler ave

1252 total students
16:1 Student teacher ratio

School Rating: C+

School Details
Other Nearby Schools Distance Type Grades School Rating
Montessori Children's School Of Key West 0.4 miles Private PK-5
May Sands Montessori School 0.4 miles Public PK-8 C+
Keys Center 0.4 miles Public 7-12
The Basilica School 0.4 miles Private PK-8
Monroe Virtual Academy (course Offerings) 0.5 miles Public 6-12
Monroe Virtual Franchise 0.5 miles Public 5-12
Monroe Virtual Instruction Program (district Provided) 0.5 miles Public KG-5
Upper Keys Academic Connections For Excellence 0.5 miles Public 6-12
Monroe Virtual Instruction Program 0.5 miles Public KG-12 D-
Somerset Island Preparatory 0.9 miles Public 9-12 B-
Lower Keys Academic Connections For Excellence 1.1 miles Public 6-12
Grace Lutheran 1.4 miles Private PK-7
Poinciana Elementary School 1.7 miles Public PK-5 B
Sigsbee Charter School 1.9 miles Public KG-8 B
Gerald Adams Elementary School 3.4 miles Public PK-5 D-

Montessori Children's School Of Key West

Distance: 0.4 miles

Type Private

Grades: PK-5

May Sands Montessori School

Distance: 0.4 miles

Type Public

Grades: PK-8

C+

Keys Center

Distance: 0.4 miles

Type Public

Grades: 7-12

The Basilica School

Distance: 0.4 miles

Type Private

Grades: PK-8

Monroe Virtual Academy (course Offerings)

Distance: 0.5 miles

Type Public

Grades: 6-12

Monroe Virtual Franchise

Distance: 0.5 miles

Type Public

Grades: 5-12

Monroe Virtual Instruction Program (district Provided)

Distance: 0.5 miles

Type Public

Grades: KG-5

Upper Keys Academic Connections For Excellence

Distance: 0.5 miles

Type Public

Grades: 6-12

Monroe Virtual Instruction Program

Distance: 0.5 miles

Type Public

Grades: KG-12

D-

Somerset Island Preparatory

Distance: 0.9 miles

Type Public

Grades: 9-12

B-

Lower Keys Academic Connections For Excellence

Distance: 1.1 miles

Type Public

Grades: 6-12

Grace Lutheran

Distance: 1.4 miles

Type Private

Grades: PK-7

Poinciana Elementary School

Distance: 1.7 miles

Type Public

Grades: PK-5

B

Sigsbee Charter School

Distance: 1.9 miles

Type Public

Grades: KG-8

B

Gerald Adams Elementary School

Distance: 3.4 miles

Type Public

Grades: PK-5

D-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Key West, FL 33040

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Key West, FL 33040

This community’s employment is highest in the food and sales industries. The area’s overall household expenses are above the national average.

89° August
Hottest Average Month
65° January
Coldest Average Month
14,256 Total Households in Area
-2.9% Increase in population since the year 2010
23%
of households
have children
14 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Key West, FL 33040

Key West, FL 33040 has a population of 31,758 people in 14,256 households with a median age of 43.9 years old.

-2.9%
Decrease in population
since the year 2010
Population is Trending down
13,852
Total households as of 2010
4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 43.9 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 63%
Hispanic 26%
Black 11%
Other 6%
Asian 2%
Native American <1%
The most prevalent ethnicity is White at 63%, followed by Hispanic at 26%, Black at 11%, and Other at 6%.

Economics
for Key West, FL 33040

221 /sq mi
Population Density
$80,110 /yr
Median Household Income
$1,150,000
Median Sales Price
14 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.85% of the households.

Transportation to Work

  • Drive 69%
  • Walk or Bike 21%
  • Work from Home 7%
  • Public Transit 0%

Occupancy by Type

Rented 7,815 45%
Owned 6,441 37%
Vacant 3,153 18%

White vs Blue Collar Jobs







White Collar 70%
Blue Collar 30%

Family & Education Facts
for Key West, FL 33040

43.9 Median Age

Average Household Size

2.2
persons per
household

42%

Married Households

Community Population By Education

High School Graduate 29%
Bachelors Degree 23%
Some College 19%
Graduate Degree 14%
Some High School 8%
Associates Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 29.04% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
23% of households have children

Weather
for Key West, FL 33040

The weather for this area ranges from a high of 89° F in August to a low of 65° F in January

89° August
Hottest Average Month
65° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
65°
75°
Feb
66°
76°
Mar
69°
79°
Apr
72°
82°
May
76°
85°
Jun
78°
88°
Jul
79°
89°
Aug
79°
89°
Sep
78°
88°
Oct
75°
84°
Nov
71°
80°
Dec
67°
76°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Key West, FL 33040!
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Copyright © 2025 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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