101 Front St Unit 23 Key West, FL 33040
Truman Annex Neighborhood
2
Beds
3
Baths
1,216
Sq Ft
871
Sq Ft Lot
About This Home
As of November 2023Prime 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
Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 01/06/2023
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
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
16.59%
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
Keller Williams Key West Compass Realty
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
Similar Homes in Key West, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,409,000 | None Listed On Document | |
| Warranty Deed | $922,500 | Oropeza Stones Cardenas Pllc | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $555,000 | Attorney | |
| Warranty Deed | $669,000 | -- | |
| Warranty Deed | $325,000 | -- | |
| Warranty Deed | $199,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $350,000 | New Conventional | |
| Previous Owner | $450,000 | New Conventional | |
| Previous Owner | $535,200 | Purchase Money Mortgage | |
| Previous Owner | $303,000 | New Conventional | |
| Previous Owner | $275,000 | New Conventional | |
| Previous Owner | $232,980 | Credit Line Revolving | |
| Closed | $133,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | For Sale | $1,975,000 | +40.2% | $1,624 / Sq Ft |
| 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
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
-
L
Seller's Agent in 2025
Loren Rea
Truman & Co. (KW)
-
V
Seller's Agent in 2023
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
-
R
Buyer's Agent in 2023
Roger Emmons
Truman & Co. (KW)
-
K
Buyer Co-Listing Agent in 2023
Kenneth Edwards
Truman & Co. (KW)
-
M
Seller's Agent in 2020
Michele Grahl
Keller Williams Key West Compass Realty
Map
Source: Key West Association of REALTORS®
MLS Number: 603658
APN: 00004590-002223
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