, TORCH KEY, FL, 33042
Active41 days on marketListed Jun 26, 2026MLS #A12045593
About this home
BACK UP OFFERS WELCOME!! Are you looking for a canal-front home that could use your TLC? Situated on a 9,375 sq. ft. fenced lot, this 2-bedroom, 3-bath CBS opportunity is about mid-way between the convenient 4A Boat Ramp to the west and Pine Channel to the east. Bright and airy, the extra-large kitchen was updated with new cabinets, stainless steel appliances and quartz counters in recent years. The remainder of the house is ready for you to continue with updates. The 2 bedrooms each have walk-in closets and older carpet, the awning windows and sliding glass doors appear to be original, the house is cooled by window/wall unit A/Cs, and there are no shutters. A permitted 3rd bathroom in the downstairs storage. The spacious screened porch upstairs overlooks the huge back yard and canal. Measuring 62.5' x 150', the fenced property offers plenty of room for adding a pool, tiki or whatever options you might want to explore. Metal roof was replaced in 2017.
Facts & features
The home at a glance
2
Bedrooms
3
Bathrooms
1,152
Sqft
1982
Year built
$629
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,610 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,610/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Little Torch Key
Get to know Torch Key. See the full Torch Key guide →
Little Torch Key — neighborhood snapshot
Population
970
Median age
52
Median income
$94,583
Median home value
$639,700
Avg household
2
Households w/ children
76%
For the school run
Monroe County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Torch Key market
This home is listed 6% below the TORCH KEY 33042 median. See the full Torch Key market guide →
Paper trail
This home's history
Reality check
What actually sold near
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$935,000
Nearby listing
3 bd · 2 ba · 1,152 sqft · $812/sqft
Sold · Sep ’25$1,000,000
Nearby listing
2 bd · 1 ba · 1,144 sqft · $874/sqft · 162 DOM
Sold · Sep ’25$675,000
Nearby listing
3 bd · 1 ba · 1,162 sqft · $581/sqft · 147 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
FAQs
What would the monthly payment be for ?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,610/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on ?+
The most recent tax bill on record (2025) was $3,194. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Torch Key?+
At $725,000, this home is listed about 19% below the Torch Key median of $895,000. The market section on this page shows how the area is trending.
Which schools are assigned to ?+
Key West High School (high) — Monroe County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the TORCH KEY 33042 market on paper
$725,000 is 6% below the TORCH KEY 33042 median of $775,000, and at $629/sqft it sits under the Torch Key average of $822.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $749,000, now $725,000 — a $24K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Coldwell Banker Schmitt Real E · Patti Nickless. MLS #A12045593.
IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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