1 / 31414 Virginia Street, Key West FL 33040
Key West, FL
List Price
$1,100,000
Type
Single Family
Bedrooms
3
Bathrooms
2
Price / SqFt
$818/sqft
Price reduction
15.3% below original list — was $1,299,000
From the listing
Price Reduced!!! Lovely 3 bedroom 2 bath home in the midst of Old Town just off Duval St. Central AC with nice room sizes and great lot size. Flood Zone Z500. Ready to sell As-Is. Seller motivated but firm on price. Please ask Listing Agent about historical significance of this property.
Property Information
- Square Feet
- 1,344
- Units
- 1
- Days on Market
- 405
- Status
- active
Location
- County
- Monroe County
- Zip Code
- 33040
- Coordinates
- 24.5497, -81.7990
Represented by Academia
Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.
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Why this deal
- 15.3% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
72/100
Strong
is scored →
No comp-based ARV yet for this listing — equity scored neutral.
15.3% off original list (full marks at 25%+).
405 days on market (full marks at 120+ — more time = more leverage).
Strong motivation language (as-is, short sale, foreclosure, estate, or heavy reno).
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice. Factors marked “assumed” were missing from the feed and scored neutral.
Deal scorecard
How four stakeholders read this deal
Strengths
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
Risks
- Equity not yet estimated — no comps available for ARV
- conventional financing unlikely; cash or hard-money only
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
- Equity not yet estimated — no comps available for ARV
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
- conventional financing unlikely; cash or hard-money only
What an insurer sees
Insurance / 4-point
insurability v1. Miami-Dade is entirely within the HVHZ (High-Velocity Hurricane Zone) …
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
What a GC / AHJ sees
Permits / condition
Permit data from county permit records; may lag; verify open permits with the AHJ. Limi…
4-point — last permit
- Roofnone
- Electricalnone
- Plumbingnone
- HVACnone
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-07-24. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
414 Virginia Street, Key West FL 33040, Key West, FL
No closed comps matched yet — ARV below is a starting estimate. Verify.
Recommended max offer
$577,000
Room vs list (above list)
$523,000
Est. equity
-$334,650
-30% of ARV, at list
ROC at list
-23%
Est. all-in at list
$1,434,650
list + rehab + txn + carry
70% rule MAO
$577,000
Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.