Mermaid Landing: Investment Opportunity & Coastal Retreat
Discover a one-of-a-kind property in the Florida Keys that offers unparalleled flexibility -- Mermaid Landing. This 3-bedroom, 2-bathroom home is perfect for savvy investors or those seeking a personal paradise, featuring rare access to a beach on the Gulf of Mexico. Located just 15 minutes from Key West, the property currently generates income with a long-term tenant while offering the ultimate coastal lifestyle.
The 33,000 sqft lot is a treasure trove of potential. A partially fenced yard with a double gate provides ample parking for vehicles, boats, and RVs. This property is as versatile as it is attractive. The true gem? Direct access to a beach that lets you step straight from your artificial turf yard onto the Gulf shoreline, delivering breathtaking water views that most can only dream about.
Newly renovated with a spacious primary bedroom and modern kitchen, Mermaid Landing seamlessly transitions between a profitable investment and a personal sanctuary. The existing tenant ensures immediate income potential, while the property's design offers endless possibilities for rental management or personal use.
More than just real estate, this is your ticket to Florida Keys magic. Whether you're an investor seeking reliable returns or a buyer wanting a coastal retreat, Mermaid Landing delivers. With its prime location, access to a beach, and incredible versatility, this property is a rare find.
Don't miss your chance to own something extraordinary. Schedule an exclusive viewing today and prepare to be captivated by the endless possibilities of Mermaid Landing.
For sale
$1,000,000
813 2nd St, Key West, FL 33040
3beds
895sqft
Single Family Residence
Built in 1958
0.54 Acres Lot
$943,400 Zestimate®
$1,117/sqft
$-- HOA
What's special
Artificial turf yardBreathtaking water viewsModern kitchen
- 77 days
- 884
- 50
Zillow last checked:
Listing updated:
Listed by:
Lee Clark 305-394-0108,
Key West Luxury Real Estate Inc (KW),
Jody Clark 305-394-0446,
Key West Luxury Real Estate Inc (KW)
Source: FLKMLS,MLS#: 620253
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Freezer, Stainless Steel Appliance(s)
Features
- Quartz Countertops
- Flooring: Other
Interior area
- Total structure area: 895
- Total interior livable area: 895 sqft
Property
Parking
- Parking features: RV Access/Parking, Storage
Features
- Exterior features: Sandy Beach
- Fencing: Fenced
- On waterfront: Yes
Lot
- Size: 0.54 Acres
Details
- Parcel number: 00151290000000
- Zoning: IS - Improved Subivision District
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1958
Utilities & green energy
- Utilities for property: Elect Separate Meter
Community & HOA
Community
- Features: Community Boat Ramp
- Subdivision: Johnsonville (9.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $1,117/sqft
- Tax assessed value: $708,534
- Annual tax amount: $6,972
- Date on market: 6/12/2026
- Listing terms: Cash,Conventional
Estimated market value
$943,400
$896,000 - $991,000
$4,311/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Listed for sale | $1,000,000$1,117/sqft |
Source: | ||
| 6/7/2026 | Listing removed | $1,000,000$1,117/sqft |
Source: | ||
| 12/8/2025 | Listed for sale | $1,000,000$1,117/sqft |
Source: | ||
| 12/7/2025 | Listing removed | $1,000,000$1,117/sqft |
Source: | ||
| 6/5/2025 | Listed for sale | $1,000,000$1,117/sqft |
Source: | ||
| 6/1/2025 | Listing removed | $1,000,000$1,117/sqft |
Source: | ||
| 4/25/2025 | Price change | $1,000,000+11.2%$1,117/sqft |
Source: | ||
| 3/27/2025 | Price change | $899,000-10.1%$1,004/sqft |
Source: | ||
| 3/17/2025 | Price change | $999,999-20%$1,117/sqft |
Source: | ||
| 3/10/2025 | Price change | $1,250,000-7.4%$1,397/sqft |
Source: | ||
| 1/24/2025 | Price change | $1,350,000-2.5%$1,508/sqft |
Source: | ||
| 1/6/2025 | Price change | $1,385,000-1.1%$1,547/sqft |
Source: | ||
| 12/5/2024 | Listed for sale | $1,400,000+268.4%$1,564/sqft |
Source: | ||
| 12/11/2023 | Sold | $380,000+7%$425/sqft |
Source: Public Record Report a problem | ||
| 10/23/2020 | Sold | $355,000-11.3%$397/sqft |
Source: | ||
| 8/8/2020 | Listed for sale | $400,000$447/sqft |
Source: Avanti Way Realty #592020 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,972 +5.6% | $708,534 +3.2% |
| 2024 | $6,605 +31.5% | $686,392 +64.8% |
| 2023 | $5,023 +7% | $416,470 +10% |
| 2022 | $4,692 +22.7% | $378,609 +10% |
| 2021 | $3,824 +463.3% | $344,190 +204.9% |
| 2020 | $679 | $112,887 +2.3% |
| 2019 | $679 +0.7% | $110,349 +1.9% |
| 2018 | $674 +1.2% | $108,292 +2.1% |
| 2017 | $666 +1.2% | $106,065 +2.1% |
| 2016 | $658 -48.2% | $103,884 +0.7% |
| 2015 | $1,271 | $103,162 |
Find assessor info on the county website
Monthly payment
Est. payment




