NOT LISTED FOR SALE

1016 Howe St Unit 5 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $474,761

1 Bed
1 Bath
138 Sq Ft
$832/mo HOA Fee

Last Sold June 12, 2023

Last sale price $475,000 $3,442 Per Sq Ft

Current estimated payment $3,604/month

49 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Ceiling Fan
  • 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: 04/05/2023

Last Buyer's Agent

David Austin

Key West Properties (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,564

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 6,229

HOA Fees

  • $832 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • A-Frame Home
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 138 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Wood Flooring
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool
  • Pool Deck

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, common area mnt, building insurance, bldg exterior mnt, water, sewer
  • Old Town Unrecord Subdivision

Pet Policy

  • Pet Restriction: YES

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,564

Year Built

Built in 1938 | Remodeled

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%
Views
456
Current Estimated Value
$474,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$239
Avg. Annual Appreciation
-0.36%

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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
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

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 $3,178 $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

  • R

    Seller's Agent in 2023

    Richard Haskins

    Brightwild Real Estate

    Section Image

  • 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

    63 Total Sales

    Ben Daniels
    Section Image

  • A

    Seller's Agent in 2016

    Andrew Birrell

    Century 21 Prestige Realty Group (KW)

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 604846

APN: 00026900-000105

Florida Monroe County Key West 33040 Old Town

1016 Howe St Unit 5, Key West, FL

This home is located at 1016 Howe St Unit 5, Key West, FL 33040 since 05 April 2023 and is currently estimated at $474,761, approximately $3,440 per square foot. This property was built in 1938. 1016 Howe St Unit 5 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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