NOT LISTED FOR SALE

101 Front St Unit 23 Key West, FL 33040

Truman Annex Neighborhood

Estimated Value: $1,553,000 - $1,963,000

2 Beds
3 Baths
1,216 Sq Ft
$1,497/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $1,409,000 $1,159 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,642/month

307 Days on Market

About This Home

As of November 2023

Prime location! Next showing available Nov. 14. Imagine waking up in a living Key West travel brochure. Sun dancing through shady treelined streets of historic homes, with smiling tourists heading to the beach on bicycles. Lazy lanes with colorful roosters scratching around. History buffs enjoying the neighboring Little White House Museum. Mallory Square, host to the famous daily sunset celebration, and the hub of all activity in Key West, Duval Street, are just a couple of blocks outside your front door. See popular music headliners perform at the nearby amphitheater or stroll over to the popular Green Parrot to hear their famous afternoon sound checks. Welcome to The Foundry, an intimate setting of townhomes in a restored postwar Naval red brick building in The Truman Annex. #23, a lucky number to many and hopefully now yours, is available for your purchase with instant rental income. Located on the preferred Front Street side of the complex, #23 offers an amazing contemporary floor plan on 3 floors. The open concept main living area is light saturated with an impressive floor to ceiling glass entry and 11 foot tall ceilings. Dedicated to the 2nd floor is the master suite leading to a private secluded treetop balcony. Guests enjoy the entire top floor suite for perfect bedroom separation. Entirely furnished with all necessary appointments and accessories, the property is turn key ready for your occupancy or to continue to rent with skilled property management and marketing in place. Included in the sale is a Truman Annex Transient Rental License allowing for 25 weekly rentals per year with unlimited monthlies. Convenient to #23 is assigned parking, while close by is a swimming pool for Foundry owners and their guests. A 3D tour is available for your virtual showing requests or when guest occupied.

Last Agent to Sell the Property

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 01/06/2023

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Roger Emmons

Truman & Co. (KW) License #608452

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,659

Year Built

1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 1140.00
  • Maintenance Fee: 2300.00
  • Mandatory HOA: Yes
  • Document Count: 2
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt, Building Insurance
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Bike Paths, Other Area Features, Beach, Fire Hydrant
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 7154.00
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1994
  • Alternate Key Number: 8861966
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 836.00
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • License Info Number Of City License: 1
  • License Info Number Of County License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1216.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Pantry, Window Treatments, Smoke Alarms, Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Impact Rstnce Window, Impact Rstnce Doors, Aluminum Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Other, Frame, Concrete
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer
  • Heating: Electric, Forced Air

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00004590-002223
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Nov 30, 2023
Sold by
Elmgren Henrik and Elmgren Madeleine
Bought by
Mue Llc
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Roger Emmons
Truman & Co. (KW)
List Price
$1,490,000
Sold Price
$1,409,000
Premium/Discount to List
-$81,000
-5.44%
Views
516
Current Estimated Value
$1,820,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,662
Avg. Annual Appreciation
15.87%

Purchase Details

Listed on
Nov 25, 2019
Closed on
Sep 18, 2020
Sold by
Bay Breeze Partners Lp
Bought by
Elmgren Henrik and Elmgren Madeleine
Seller's Agent
Michele Grahl
Compass Realty (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$965,000
Sold Price
$922,500
Premium/Discount to List
-$42,500
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.15%
Original Mortgage
$350,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2013
Sold by
Bay Breeze Of Key West Llc
Bought by
Bay Breeze Partners Lp

Purchase Details

Closed on
Jul 11, 2011
Sold by
Moses Thomas W
Bought by
Bay Breeze Of Key West Llc

Purchase Details

Closed on
May 28, 2004
Sold by
Tecau Philip A and Bornstein Hal S
Bought by
Tincher Terry A and Tincher Mimi C K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,200
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1999
Sold by
Sharkey Carolann E
Bought by
Moses Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,980
Interest Rate
7.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 1, 1994
Bought by
Bay Breeze Partners Lp
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mue Llc $1,409,000 None Listed On Document
Elmgren Henrik $922,500 Oropeza Stones Cardenas Pllc
Bay Breeze Partners Lp -- Attorney
Bay Breeze Of Key West Llc $555,000 Attorney
Tincher Terry A $669,000 --
Moses Thomas W $325,000 --
Bay Breeze Partners Lp $199,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elmgren Henrik $350,000
Previous Owner Moses Thomas W $450,000
Previous Owner Tincher Terry A $535,200
Previous Owner Moses Thomas W $303,000
Previous Owner Moses Thomas W $275,000
Previous Owner Moses Thomas W $232,980
Closed Tincher Terry A $133,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $1,409,000 -5.4% $1,159 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $1,490,000 +5.7% $1,225 / Sq Ft
09/12/2023 09/12/23 Off Market $1,409,000 -- --
06/16/2023 06/16/23 Price Changed $1,490,000 -3.2% $1,225 / Sq Ft
04/15/2023 04/15/23 Price Changed $1,540,000 -1.8% $1,266 / Sq Ft
03/19/2023 03/19/23 Price Changed $1,569,000 -90.0% $1,290 / Sq Ft
03/19/2023 03/19/23 Price Changed $15,690,000 +886.8% $12,903 / Sq Ft
02/13/2023 02/13/23 Price Changed $1,590,000 -3.0% $1,308 / Sq Ft
01/06/2023 01/06/23 For Sale $1,640,000 +77.8% $1,349 / Sq Ft
09/18/2020 09/18/20 Sold $922,500 -2.8% $759 / Sq Ft
07/15/2020 07/15/20 Price Changed $949,000 -1.7% $780 / Sq Ft
03/24/2020 03/24/20 For Sale $965,000 0.0% $794 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
12/20/2019 12/20/19 Price Changed $965,000 -2.4% $794 / Sq Ft
11/25/2019 11/25/19 For Sale $989,000 -- $813 / Sq Ft
Source: Key West Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $8,659 $1,143,223 $661,500 $481,723
2023 $8,659 $1,116,716 $661,500 $455,216
2022 $7,451 $891,688 $508,246 $383,442
2021 $6,993 $749,723 $508,246 $241,477
2020 $7,412 $800,385 $553,014 $247,371
2019 $7,500 $803,340 $553,014 $250,326
2018 $7,452 $781,548 $534,141 $247,407
2017 $7,077 $730,084 $0 $0
2016 $7,019 $718,856 $0 $0
2015 $6,395 $599,053 $0 $0
2014 $6,607 $595,388 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vic Musmanno

    Seller's Agent in 2023

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    7 in this area

    155 Total Sales

    Vic Musmanno
    Section Image
  • Roger Emmons

    Buyer's Agent in 2023

    Roger Emmons

    Truman & Co. (KW)

    (305) 304-7446

    5 in this area

    87 Total Sales

    Roger Emmons
    Section Image

  • K

    Buyer Co-Listing Agent in 2023

    Kenneth Edwards

    Truman & Co. (KW)

    (305) 304-0922

    3 in this area

    51 Total Sales

    Kenneth Edwards
    Section Image

  • M

    Seller's Agent in 2020

    Michele Grahl

    Compass Realty (KW)

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 603658

Key West Association of REALTORS®

APN: 00004590-002223

Florida Monroe County Key West 33040 Truman Annex

101 Front St Unit 23, Key West, FL

This home is located at 101 Front St Unit 23, Key West, FL 33040 since 06 January 2023 and is currently estimated at $1,820,662, approximately $1,497 per square foot. This property was built in 1994. 101 Front St Unit 23 is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and The Basilica School of Saint Mary Star of the Sea.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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