Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
1
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$5,967,703
Range: $4,906,483-$7,264,750
Evaluated October 1, 2025
The Xome Value® is an investor-grade valuation that helps you better estimate the true value of a property.
Xome Value® is not a guarantee of a property's value (see
Disclaimers for further details).
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Property Facts
24 Sunset Key Dr, Key West, FL is a residential-vacant land home that was built in 1900. This home last sold for $3,520,000 on 8/23/2019.
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County:MONROE
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Year Built:1900
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Living Area:-
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Lot Size:7,496 Sq. Ft.
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Zone:-
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Parcel:00000200-000524
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Bedrooms:-
-
Bathrooms:-
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Owner:FAVRE ARTHUR
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Property History
Price History
Date
Event
Price
Source
8/23/2019
Sold
$3,520,000
Public Records
5/9/2005
Sold
$3,200,000
Public Records
6/17/2003
Sold
$1,375,000
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2024
$22,845 (0%)
$2,774,260 (0%)
2023
$22,845 (+0.31%)
$2,774,260 (-15.53%)
2022
$22,775 (+0.33%)
$3,284,124 (+25.14%)
2021
$22,699 (+9.04%)
$2,624,300 (+29.51%)
2020
$20,817 (+17.62%)
$2,026,335 (0%)
2019
$17,698 (-0.91%)
$2,026,335 (+4.06%)
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HOT PROPERTY!
$100
Est. Opening Bid
In Person Auction
327 Julia Street
Key West, FL 33040
Key West, FL 33040
3 Beds
1 Baths
1116 Sq. Ft
Auction Event:
Starts In 5d 18h 30m
Oct 15 - Oct 15
Auction curious?
Learn more and get started
Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
24 Sunset Key Dr
Key West, FL 33040
This Property
-
1900 Year Built
1
25 Sunset Key Drive
Key West, FL 33040
$5,500,000
4 Bed
3 Bath
2,682 Sq. Ft.
2000 Year Built
2
819 Elizabeth Street
Key West, FL 33040
$1,525,000
2 Bed
2 Bath
1,025 Sq. Ft.
1889 Year Built
3
101 Front Street Unit 15
Key West, FL 33040
$1,220,000
2 Bed
3 Bath
1,216 Sq. Ft.
1994 Year Built
4
716 Elizabeth Street Unit Rear
Key West, FL 33040
$875,000
3 Bed
2 Bath
1,049 Sq. Ft.
1977 Year Built
5
51 Sunset Key Drive
Key West, FL 33040
$3,000,000
3 Bed
3 Bath
1,920 Sq. Ft.
2005 Year Built
6
115 Front Street Unit 202
Key West, FL 33040
$1,300,000
2 Bed
3 Bath
1,260 Sq. Ft.
1991 Year Built
7
66 Sunset Key Drive
Key West, FL 33040
$2,300,000
2 Bed
3 Bath
1,681 Sq. Ft.
1999 Year Built
8
1017 Simonton Street Unit 103
Key West, FL 33040
$1,160,000
2 Bed
2 Bath
1,242 Sq. Ft.
2015 Year Built
9
718 Chapman Lane
Key West, FL 33040
$970,000
4 Bed
3 Bath
1,026 Sq. Ft.
1938 Year Built
10
64 Sunset Key Drive
Key West, FL 33040
$2,400,000
2 Bed
3 Bath
1,588 Sq. Ft.
1998 Year Built
Sales in a non-disclosure state
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Market Trends
Key West
33040
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
Oct 2024
$955,000
Sep 2025
$1,205,000
Change
+26.2%
1 Year
2 Years
5 Years
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a property's market value.
1 Year
2 Years
5 Years
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Average Days on Market
Average Days on Market represent the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
Oct 2024
126 Days
Sep 2025
176 Days
Change
+39.7%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
1 Year
2 Years
5 Years
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Area Statistics
People
ZIP (33040)
City (Key West)
Population
34,713
26,776
Population Density
1,875.8
4,790
People Per Household
2.5
2.3
Median Age
41.6
44.2
Median Household Income
$73,884
$75,638
Average Income
$47,833
$51,786
Economy
ZIP (33040)
City (Key West)
Unemployment
1.40%
1.30%
Recent Job Growth
4.97%
4.97%
Future Job Growth
76.28%
76.43%
Sales Tax
7.50%
7.50%
Income Tax
0.00%
0.00%
Cost of Living Index
167.5
171.3
Environment
ZIP (33040)
City (Key West)
Altitude
4
3
Rainfall (Inches Annually)
43.8
43.8
Snowfall (Inches Annually)
0
0
January Avg. Low Temp
63.6
63.6
July Avg. High Temp
89.4
89.4
Days of Precipitation Annually
102
102
Days Mostly Sunny Annually
259
260
Comfort Index (During Hot Weather)
6
6
Source: Sperling's Best Places
