$575,000
SOLD JUN 5, 2023

1016 Howe St Unit 1 Key West, FL 33040

Old Town Neighborhood
1 Bed
1 Bath
193 Sq Ft
$1,155/mo HOA Fee

Recently Sold

$2,979 Per Sq Ft

Highlights

  • In Ground Pool
  • Wood Flooring
  • Balcony
  • A-Frame Home
  • Furnished

About This Home

As of June 2023

Excellent vacation rental property with transient license just 3 blocks from Duval St! This studio unit is located in The Galleria, a 13-unit complex featuring a remodeled shared deck and pool. Located steps away from Key West's most popular attractions including the Ernest Hemingway Home and Museum, Mallory Square, and Fort Zachary Taylor Beach and Park. Great opportunity to have a home away from home in the heart of Key West, and then utilize as a short term vacation rental business while not there!

Last Agent to Sell the Property

Richard Haskins

Brightwild Real Estate License #3285669 Listed on: 05/26/2023

Last Buyer's Agent

Justyn Ewald

Expert Realty LLC (HQ) License #3363807

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,881

Year Built

  • Built in 1938 | Remodeled

HOA Fees

  • $1,155 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • A-Frame Home
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 193 Sq Ft Home
  • Furnished
  • Wood Flooring
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 1

Community Details

Overview

  • Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt, water, sewer
  • Old Town Unrecord Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: YES

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,881

Year Built

Built in 1938 | Remodeled

Lot Details

0

HOA Fees

$1,155 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 3464.90
  • Mandatory HOA: No
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 2881.05
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1938
  • Alternate Key Number: 9081490
  • Building Style: A-Frame
  • Cooling Heating: Wall/Window Unit(s)
  • Pool Info: In Ground, Decked
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 193.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Refrigerator, Microwave
  • Floor: Wood
  • Total Bedrooms: 1
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • 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

Closed on
Jul 12, 2024
Sold by
Wall Wendell A
Bought by
1016 Howe Street Unit 1 Llc
Total Days on Market
0
Current Estimated Value
$565,155

Purchase Details

Listed on
May 26, 2023
Closed on
Jun 5, 2023
Sold by
Howe Key 1 Llc
Bought by
Wall Wendell A
Seller's Agent
Richard Haskins
Brightwild Real Estate
Buyer's Agent
Justyn Ewald
Expert Realty LLC (HQ)
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.86%

Purchase Details

Closed on
Jan 19, 2017
Sold by
Flutem Jessalyn A and Lee Jonathon A
Bought by
Howe Key I Llc

Purchase Details

Listed on
Oct 8, 2012
Closed on
Dec 14, 2012
Sold by
Garrison James L and Garrison Stephanie A
Bought by
Lee Jonathon A and Fiuetem Jessalyn A
Seller's Agent
Andrew Birrell
Century 21 Prestige Realty Group (KW)
Buyer's Agent
Maya Thomas
Sunshine State Realty Services
List Price
$173,900
Sold Price
$173,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$121,000
Interest Rate
3.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 1, 2005
Sold by
Wyland Of Key West
Bought by
Garrison James L and Garrison Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $575,000 First International Title
Quit Claim Deed -- Attorney
Warranty Deed $173,900 None Available
Warranty Deed $310,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $239,438 Credit Line Revolving
Previous Owner $122,500 Credit Line Revolving
Previous Owner $121,000 Future Advance Clause Open End Mortgage
Previous Owner $310,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $575,000 0.0% $2,979 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $575,000 +230.6% $2,979 / Sq Ft
12/14/2012 12/14/12 Sold $173,900 0.0% $901 / Sq Ft
12/14/2012 12/14/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $173,900 -- $901 / Sq Ft
Source: Marathon and Lower Keys 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 $3,584 $473,264 -- $473,264
2023 $3,584 $450,697 $0 $450,697
2022 $3,001 $323,854 $0 $323,854
2021 $2,828 $274,055 $0 $274,055
2020 $2,815 $274,055 $0 $274,055
2019 $2,794 $269,525 $0 $269,525
2018 $2,839 $269,525 $0 $0
2017 $1,924 $202,262 $0 $0
2016 $1,926 $202,262 $0 $0
2015 $1,901 $202,262 $0 $0
2014 $1,540 $107,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Haskins

    Seller's Agent in 2023

    Richard Haskins

    Brightwild Real Estate

    (305) 998-8571

    17 in this area

    67 Total Sales

    Section Image
  • Justyn Ewald

    Buyer's Agent in 2023

    Justyn Ewald

    Expert Realty LLC (HQ)

    (305) 587-7330

    23 in this area

    193 Total Sales

    Justyn Ewald
    Section Image

  • A

    Seller's Agent in 2012

    Andrew Birrell

    Century 21 Prestige Realty Group (KW)

  • M

    Buyer's Agent in 2012

    Maya Thomas

    Sunshine State Realty Services

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 605561

APN: 00026900-000101

Florida Monroe County Key West 33040 Old Town

1016 Howe St Unit 1, Key West, FL

This home is located at 1016 Howe St Unit 1, Key West, FL 33040 and is currently priced at $575,000, approximately $2,979 per square foot. This property was built in 1938. 1016 Howe St Unit 1 is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

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