1016 Howe St Unit 5 Key West, FL 33040
Old Town NeighborhoodEstimated Value: $455,216
1
Bed
1
Bath
138
Sq Ft
$832/mo
HOA Fee
About This Home
As of June 2023Excellent 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 Listed By
Richard Haskins
Brightwild Real Estate License #3285669 Listed on: 04/05/2023
Property Details
Home Type
Condominium
Est. Annual Taxes
$3,178
Year Built
1938
Lot Details
0
HOA Fees
$832 per month
Listing Details
- Property Type: Residential
- Style: Condo
- As Is Right To Inspect: Yes
- First Right of Refusal: No
- Association Fee: 2496.22
- Mandatory HOA: Yes
- Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
- 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
- Off Shore Island: No
- Pets W Restrictions: YES
- Property Group I D: 19990816212109142258000000
- Sale Terms: Cash
- Side: Median
- State Province: FL
- Taxes: 2564.00
- Title: Negotiable
- Vehicle Storage: Off Street Parking
- Year Built: 1938
- Alternate Key Number: 9081508
- Building Style: A-Frame
- Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
- Pool Info: In Ground, Decked
- Association Maintenance Fee Per: Quarterly
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- License Info Transient Rntl Licns: Yes
- Estimated Living Sq Ft: 138.00
- Financial Status Auction: No
- Financial Status Standard Sale: Yes
- Property Condition: Updated/Remodeled
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Condos
Interior Features
- Total Bathrooms: 1.00
- Full Bathrooms: 1
- Appliances: Refrigerator, Microwave
- Floor: Wood
- Total Bedrooms: 1
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: Yes
Utilities
- Security: No Security
- 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, Negotiable
Tax Info
- Tax Year: 2022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2023
Closed on
Jun 9, 2023
Sold by
Howe Key 4 Llc
Bought by
1016 Howe Street 5 Llc
Seller's Agent
Richard Haskins
Brightwild Real Estate
Buyer's Agent
David Austin
Key West Properties (KW)
List Price
$535,000
Sold Price
$475,000
Premium/Discount to List
-$60,000
-11.21%
Total Days on Market
49
Views
456
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
-$19,784
Avg. Annual Appreciation
-2.15%
Purchase Details
Listed on
Apr 13, 2018
Closed on
Jun 26, 2018
Sold by
Nicole Berger
Bought by
Howe Key 4 Llc
Seller's Agent
Ben Daniels
Lokation Real Estate
Buyer's Agent
Richard Haskins
Buy The Keys (KW)
List Price
$350,000
Sold Price
$277,000
Premium/Discount to List
-$73,000
-20.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Purchase Details
Listed on
Feb 3, 2016
Closed on
Mar 7, 2016
Sold by
Dartley Kenneth A
Bought by
Berger Nicole and Berger Kelly E
Seller's Agent
Andrew Birrell
Century 21 Prestige Realty Group (KW)
Buyer's Agent
Ben Daniels
Exit Realty Florida Keys MTH
List Price
$229,000
Sold Price
$260,000
Premium/Discount to List
$31,000
13.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.80%
Purchase Details
Closed on
Oct 17, 2005
Sold by
Wyland Of Key West Inc
Bought by
Dartley Kenneth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
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Similar Homes in Key West, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1016 Howe Street 5 Llc | $475,000 | None Listed On Document | |
| Howe Key 4 Llc | $277,000 | None Listed On Document | |
| Berger Nicole | $260,000 | None Available | |
| Dartley Kenneth A | $295,000 | True Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dartley Kenneth A | $280,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2023 06/12/23 | Sold | $475,000 | -11.2% | $3,442 / Sq Ft |
| 05/24/2023 05/24/23 | Pending | -- | -- | -- |
| 04/05/2023 04/05/23 | For Sale | $535,000 | +93.1% | $3,877 / Sq Ft |
| 06/21/2018 06/21/18 | Sold | $277,000 | -20.9% | $1,924 / Sq Ft |
| 06/13/2018 06/13/18 | Pending | -- | -- | -- |
| 04/13/2018 04/13/18 | For Sale | $350,000 | +34.6% | $2,431 / Sq Ft |
| 03/07/2016 03/07/16 | Sold | $260,000 | +13.5% | $1,806 / Sq Ft |
| 02/16/2016 02/16/16 | Pending | -- | -- | -- |
| 02/03/2016 02/03/16 | For Sale | $229,000 | -- | $1,590 / Sq Ft |
Source: Marathon and Lower Keys 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 | $3,178 | $392,544 | -- | $392,544 |
| 2023 | $3,178 | $392,544 | $0 | $392,544 |
| 2022 | $2,671 | $283,093 | $0 | $283,093 |
| 2021 | $2,512 | $238,031 | $0 | $238,031 |
| 2020 | $2,501 | $238,031 | $0 | $238,031 |
| 2019 | $2,482 | $234,150 | $0 | $234,150 |
| 2018 | $2,216 | $234,150 | $0 | $0 |
| 2017 | $1,915 | $164,040 | $0 | $0 |
| 2016 | $1,606 | $164,040 | $0 | $0 |
| 2015 | $1,591 | $164,040 | $0 | $0 |
| 2014 | $1,286 | $84,162 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Richard Haskins
Brightwild Real Estate
(305) 998-8571
17 in this area
67 Total Sales
-
D
Buyer's Agent in 2023
David Austin
Key West Properties (KW)
-
Ben Daniels
Seller's Agent in 2018
Ben Daniels
Lokation Real Estate
(305) 395-2723
1 in this area
84 Total Sales
-
A
Seller's Agent in 2016
Andrew Birrell
Century 21 Prestige Realty Group (KW)
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 604846
APN: 00026900-000105
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