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For sale
  • Price cut: $6K (3/19)
    $879,000

    538 Powell Ave, Little Torch Key, FL 33042

    2beds
    912sqft
    : 
    Single Family Residence
    Built in 1987
    6,534 Square Feet Lot
    $-- Zestimate®
    $964/sqft
    $-- HOA

    What's special

    This beautifully updated, 2-bedroom and 2-bath canal-front home on the Gulf-side of Little Torch Key is ready for you and your boat. The 37-foot-wide canal is clean and clear, with easy access to both the Atlantic and Gulf, and there is a wonderful boat ramp nearby. Engineered plans have also been filed and paid for your very own dock and boat lift. The 60-foot-wide x 110-deep canal-front lot features side fences for privacy, space for your boat and RV or future pool and hot tub, and your very own mango tree and coconut palms. Enjoy views from your back porch with sunset views across the salt flats as you lounge or grill your catch of the day, or take a stroll to Kiki's for dinner and drinks. This home allows you to relax and enjoy life. Short distance to the conveniences of Big Pine Key, the home's open-concept layout features a spacious living area and a pristine kitchen with quartzite countertops, a large pantry unit, and new stainless steel appliances. Enjoy the spa-like feel of the bathrooms with custom tile showers and more quartzite. The tranquil primary suite features an attached bath, a built-in reading nook, and his-and-hers closets. The main-level laundry room has been modernized to include new GE appliances. Luxury vinyl flooring and custom trim complete the sun-drenched spaces. Have peace of mind with a property in the AE flood zone that offers a new metal roof, new cement board siding, and new impact windows and doors. There is plenty of parking under the home, and the 12 x 12 workshop on the ground level is excellent for storing all of your water toys, boating gear, and hobbies. Your Keys Life awaits! Don't miss your opportunity to live like you are on vacation with this gorgeous, carefree, and low-maintenance home with details to impress.
    18 hours
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    250
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    12
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    Zillow last checked: 7 hours ago

    Listing updated: March 19, 2026 at 07:55am

    Listed by:

    Jonathan Minerick 888-400-2513,

    Homecoin.com

    Source: FLKMLS,MLS#: 619133MLS LogoOriginating MLS: Marathon/Lower Keys

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Cooling
      • Central Air, Ceiling Fans(s), Heat Pump
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, Tankless Water Heater
      Features
      • Pantry, Quartz Countertops, Other, Storage
      • Flooring: Vinyl
      • Doors: Sliding Glass Doors, Impact Rstnce Doors
      • Windows: Impact Rstnce Window
      Interior area
      • Total interior livable area: 912 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Open, Trailer Storage, Covered, RV Parking Open
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: No
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Open Porch/Balcony
      • Exterior features: Storage, Outdoor Shower, Rain Gutters
      • Fencing: Fenced
      • Has view: Yes
      • View description: Canal
      • Has water view: Yes
      • Water view: Canal
      • Waterfront features: Canal Front, Waterfront, Dock: Composite, Dock Permit: Applied For, Dock Length: 29
      Lot
      • Size: 6,534 Square Feet
      • Dimensions: 60 x 10
      • Features: Less Than 1/4 Acre
      • Residential vegetation: Fruit Tree(s)
      Details
      • Additional structures: Workshop
      • Parcel number: 00219640000000
      • Zoning: SR
      • Zoning description: Sub Urban Residential District
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Hardi Board Siding
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1987

      Utilities & green energy

      • Sewer: Community Swr Plant, Public Sewer
      • Utilities for property: FKAA
      Green energy
      • Energy efficient items: Thermostat
      • Water conservation: Low-Flow Fixtures

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Mates Beach (28.5)
      HOA
      • Has HOA: No
      • Services included: Other
      Location
      • Region: Little Torch Key

      Financial & listing details

      • Price per square foot: $964/sqft
      • Tax assessed value: $505,425
      • Annual tax amount: $5,045
      • Date on market: 3/19/2026
      • Listing terms: No Seller Finance,FHA,VA Loan,Conventional
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $5,024/mo

        Price history

        Price history
        DateEventPrice
        3/19/2026Price change$879,000-0.7%$964/sqft
        Source: FLKMLS #619133 Report a problem
        3/18/2026Price change$885,000-1.1%$970/sqft
        Source: Owner Report a problem
        3/13/2026Price change$895,000-0.4%$981/sqft
        Source: Owner Report a problem
        3/9/2026Price change$899,000-0.1%$986/sqft
        Source: Owner Report a problem
        3/8/2026Listed for sale$899,900+80%$987/sqft
        Source: Owner Report a problem
        6/27/2025Sold$500,000-16.5%$548/sqft
        Source: Key West AOR #614568 Report a problem
        6/10/2025Pending sale$599,000$657/sqft
        Source: FLKMLS #614568 Report a problem
        4/9/2025Listed for sale$599,000$657/sqft
        Source: FLKMLS #614568 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$5,255 +10%$505,425 +19%
        2024$4,779 +5.4%$424,872 +10%
        2023$4,534 +6.8%$386,247 +10%
        2022$4,245 +16.8%$351,134 +10%
        2021$3,635 -1.5%$319,213 -1%
        2020$3,690 $322,473 +7.1%
        2019$3,690 +5.4%$301,169 -1%
        2018$3,502 -2.9%$304,361
        2017$3,608 +3.2%$304,361 -0.8%
        2016$3,497 +2.1%$306,961 +2.1%
        2015$3,426 $300,701

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $4,949/mo
        Principal & interest
        $4348
        Property taxes
        $601
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          Neighborhood: 33042

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