Cottage / Storybook home in Key West, FL
Set in Key West, FL, this Cottage multifamily home provides 7 bedrooms and 8 bathrooms across 3,739 square feet. The Cottage styling carries through the home's design.
| Price | $6,450,000 |
|---|
| Beds | 7 |
|---|
| Baths | 8 |
|---|
| Sqft | 3739 |
|---|
| Architectural style | Cottage / Storybook (50% match) |
|---|
| Address | 723 Eaton St, Key West, FL 33040 |
|---|
Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- At $6.5M, this home is 440% above the $1.2M median for 85 similar Cottage / Storybook homes in Key West, FL.
- That works out to $1725 per square foot, 49% above the $1157 comparable rate.
- On the market 10 days.
| This home | $6,450,000 |
|---|
| Cottage / Storybook median in Key West, FL | $1,195,000 (85 homes) |
|---|
| Price per sq ft | $1,725 vs. $1,157 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $42,615/month with 20% down at a 7.28% 30-year fixed rate. You would need about $1,826,372 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $35,305/mo |
|---|
| Property tax (new-buyer reassessed rate) | $4,891/mo |
|---|
| Homeowners insurance | $2,419/mo |
|---|
| Total monthly | $42,615/mo |
|---|
| Down payment (20%) | $1,290,000 |
|---|
| Income needed | $1,826,372/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (64 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (64/100) |
|---|
| Beats renting in | 16% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $3,154,072 |
|---|
| Range (10th to 90th pct) | $1,885,046 to $4,670,277 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Key West, FL where local data is thin.
Local home values
Typical home values in Key West, FL have risen about 27% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia