NOT LISTED FOR SALE

Estimated Value: $497,694

1 Bed
1 Bath
138 Sq Ft
1938 Built

Sale Details

Date Sold: February 13, 2024

Last sale price $500,000 $3,623 Per Sq Ft

Current estimated payment $3,857 / mo

3 Days on Market

Highlights

  • Furnished
  • Central Air
  • Privacy Fence
  • Sundeck

About This Home

As of February 2024

This is your opportunity to own your own Picasso. Well at least you can buy a room named after Picasso. This condo is a fantastic income producing vacation rental unit with a transient license, in the heart of Old Town Key West! The condo has 13-units with a shared pool and deck, and a laundry facility on site. This is one of the best located unit in the complex. As soon as you walk in the front door, your there. Only 2 blocks from everything fun including Duval Street, Ernest Hemingway Home and Museum, Mallory Square, and Fort Zachary Taylor Beach and Park!

Last Agent to Sell the Property

Benjamin Daniels

Lokation Real Estate License #651134 Listed on: 01/20/2024

Lokation Real Estate

Last Buyer's Agent

Madeleine Young

Expert Realty LLC (HQ) License #3528269

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,755

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • Privacy Fence
  • Fenced

HOA Fees

  • $890 per month

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 138 Sq Ft Home
  • Furnished
  • Single Hung Windows
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

  • Old Town Unrecord Subdivision
  • Sundeck

Listing and Financial Details

  • Assessor Parcel Number 00026900-000109

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,755

Year Built

Built in 1938 | Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$890 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • License Info Transient Rntl Licns: Yes
  • Pool Info Other Surroundings: Sundeck
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Co List Office Mls Id: 1035217-0
  • Subdivision Name: Old Town - Unrecord (1.0)
  • Dockage: None
  • Vehicle Storage: Off Street Parking
  • Waterview: No Waterview
  • Financial Status: Bank Owned: No
  • Financial Status: Potential Short Sale: No
  • Accessibility Feat: None
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • WindowsDoors: Single Hung Windows

Exterior Features

  • Waterfront: No
  • Exterior Features: Fencing, Privacy Wall/Fence
  • Construction Type: Frame
  • Waterfront: None
  • Roof: Metal Roof

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Utilities: FKAA, Municipal Sewer, Buyer to Verify

Lot Info

  • Parcel Number: 00026900-000109

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2755.35

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2024
Closed on
Feb 13, 2024
Sold by
Bought by
Seller's Agent
Benjamin Daniels
Lokation Real Estate
Buyer's Agent
Madeleine Young
Expert Realty LLC (HQ)
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
22
Current Estimated Value
$497,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,306
Avg. Annual Appreciation
-0.18%
Original Mortgage
$206,000
Outstanding Balance
$169,123
Interest Rate
6.5%
Mortgage Type
Balloon
Estimated Equity
$328,571

Purchase Details

Listed on
Apr 25, 2013
Closed on
Sep 25, 2013
Sold by
Bought by
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Ben Daniels
Exit Realty Florida Keys (KW)
List Price
$199,900
Sold Price
$129,400
Premium/Discount to List
-$70,500
-35.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%

Purchase Details

Closed on
Apr 12, 2013
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 2013
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
5.9%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Old Town, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 None Listed On Document
$129,400 Attorney
-- None Available
-- None Available
$295,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $206,000
Previous Owner $29,500
Previous Owner $236,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2024 02/13/24 Sold $500,000 -4.8% $3,623 / Sq Ft
01/20/2024 01/20/24 For Sale $525,000 +305.7% $3,804 / Sq Ft
09/25/2013 09/25/13 Sold $129,400 -35.3% $899 / Sq Ft View Prior Sale
09/23/2013 09/23/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $199,900 -- $1,388 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,842 $415,744 $415,744
2024 $2,755 $415,744 $415,744
2023 $2,755 $415,744 $0 $415,744
2022 $2,289 $299,824 $0 $299,824
2021 $2,159 $253,900 $0 $253,900
2020 $2,075 $253,900 $0 $253,900
2019 $1,995 $249,760 $0 $249,760
2018 $1,945 $249,760 $0 $0
2017 $1,612 $164,040 $0 $0
2016 $1,614 $164,040 $0 $0
2015 $1,597 $164,040 $0 $0
2014 $1,293 $84,162 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608282

APN: 00026900-000109

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