NOT LISTED FOR SALE

10 Sunset Key Dr Key West, FL 33040

Key West Area

Estimated Value: $5,622,000 - $7,598,000

3 Beds
4 Baths
2,513 Sq Ft
$2,684/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2012

Last sale price $5,000,000 $1,990 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $44,289 / mo

74 Days on Market

Highlights

  • Ocean Front
  • Marble Flooring
  • Tennis Courts
  • Concrete Pool
  • Main Floor Primary Bedroom
  • 99 Car Detached Garage

About This Home

As of April 2012

This waterfront beach house has been featured in many national magazines. Directly on Crescent Beach with an unbelievable sunset view, this house has everything a luxury beachfront home could need. The downstairs master bedroom has doors leading out to th e pool area and the beach. The children's room features a custom bunk bed recreation area. Imagine living on your own secluded island, but being only three minutes from historic downtown Key West accessible only by an island ferry which runs 24/7.

Co-Listed By

Bob Cardenas

MMLS Assoc.-Inactive Member License #0205287

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,584

Year Built

  • Built in 2001

Lot Details

  • Ocean Front
  • East Facing Home
  • Fenced
  • Property is zoned HPRD

HOA Fees

  • $2,521 Monthly HOA Fees

Parking

  • 99 Car Detached Garage

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,513 Sq Ft Home
  • 2-Story Property
  • French Doors
  • Ocean Views
  • Fire Sprinkler System

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Sunset Key Island Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,584

Year Built

Built in 2001

Lot Details

0 Sq Ft Lot

HOA Fees

$2,521 per month

Parking

99

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2001
  • Entry Level: 1
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Main Level Primary, Pantry
  • Private Spa: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Marble, Wood
  • Living Area: 2513.0
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Shower
  • View: Ocean
  • Fencing: Fenced
  • Pool Features: Concrete, Heated, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Frame
  • Direction Faces: East
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 99.0
  • Attached Garage: No
  • Garage Spaces: 99.0
  • Garage Yn: Yes
  • Parking Features: Covered, Detached, Garage

Utilities

  • Security: Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 7563.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes

Lot Info

  • Mobile Dim Units: Feet
  • Zoning: HPRD

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 31584.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2012
Closed on
Apr 19, 2012
Sold by
Wallace Donald W and Wallace Erika
Bought by
Buyer's Agent
Bob Cardenas
MMLS Assoc.-Inactive Member
List Price
$5,400,000
Sold Price
$5,000,000
Premium/Discount to List
-$400,000
-7.41%
Current Estimated Value
$6,745,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,745,894
Avg. Annual Appreciation
2.10%
Original Mortgage
$1,500,000
Outstanding Balance
$1,004,768
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$5,741,126

Purchase Details

Closed on
Jan 3, 2012
Bought by
Real Estate Holdings International Ltd

Purchase Details

Closed on
Sep 1, 1999
Sold by
Parcel G Island Development Corp
Bought by
Wallace Donald W and Wallace Erika
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,000,000 None Available
Real Estate Holdings International Ltd $100 --
Wallace Donald W $1,195,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2012 04/23/12 Sold $5,000,000 0.0% $1,990 / Sq Ft
04/23/2012 04/23/12 Sold $5,000,000 -7.4% $1,990 / Sq Ft View Prior Sale
04/05/2012 04/05/12 Pending -- -- --
03/17/2012 03/17/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $5,400,000 0.0% $2,149 / Sq Ft
01/03/2012 01/03/12 For Sale $5,400,000 -- $2,149 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $54,566 $6,406,571 $4,071,843 $2,334,728
2024 $52,770 $6,582,800 $4,626,398 $1,956,402
2023 $52,770 $6,500,457 $4,626,398 $1,874,059
2022 $48,846 $6,398,072 $4,503,845 $1,894,227
2021 $44,800 $5,079,769 $3,523,416 $1,556,353
2020 $41,084 $4,668,199 $3,094,478 $1,573,721
2019 $41,613 $4,685,566 $3,094,478 $1,591,088
2018 $42,343 $4,665,516 $3,370,224 $1,295,292
2017 $42,699 $4,621,586 $0 $0
2016 $45,048 $5,022,921 $0 $0
2015 $43,417 $4,950,390 $0 $0
2014 $37,868 $3,612,129 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A1590044

BeachesMLS (Greater Fort Lauderdale)

APN: 00000200-000510

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