$1,150,000
SOLD AUG 2, 2019
4 Beds
2 Baths
2,016 Sq Ft
2,724 Sq Ft Lot

Recently Sold

$570 Per Sq Ft

17% Below List Price

150 Days on Market

Highlights

  • Concrete Pool
  • Wood Flooring
  • No HOA
  • Deck
  • Furnished
  • Stainless Steel Appliances

About This Home

As of July 2021

A must see, historic gem on truly one of Key West's most prestigious and desirable streets. In the heart of Old Town sits this beautiful 2 story grand home. With huge wrap around porches on both the upper and lower floors, the curb appeal is truly a hallmark of Key West. This property offers many possibilities for its new owners. Leave as a legal duplex for immediate rental income -- long term or vacation rental, live in one unit and rent the other, or renovate into a magnificent single family residence. Offered completely furnished with all new furnishings, it is ready for whatever one decides. Each spacious floor has 2 bedrooms and 1 bath, full kitchens with stainless appliances, laundry, open living/kitchen/dining areas and lots of outdoor space both in

Last Agent to Sell the Property

Erika Kelley

Keller Williams Key West Compass Realty License #3355613 Listed on: 01/03/2019

Last Buyer's Agent

Erika Kelley

Your Keys Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,936

Year Built

  • Built in 1928

Lot Details

  • 2,724 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Some Wood Windows
  • Shutters
  • Double Hung Windows
  • French Doors
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00007340-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,936

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 9936.19
  • Title: Negotiable
  • Year Built: 1928
  • Alternate Key Number: 1007617
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless
  • Lot Sq Ft: 2724.00
  • Pool Info: Concrete, In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2016.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Dade County Pine
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Microwave, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven
  • Floor: Wood
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Total Bedrooms: 4

Exterior Features

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

Utilities

  • Utilities: Cable Available, Water Separate Meter, Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00007340-000000
  • Lot Size: 34.8 x 73.5
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2022
Sold by
Lauer Family Trust
Bought by
1022 Fleming Trust

Purchase Details

Listed on
Jan 18, 2021
Closed on
Jul 9, 2021
Sold by
Pineapple House Key West Group Llc
Bought by
Lauer William L and Lauer Patricia
Seller's Agent
Ellen Gvili
Ocean Sotheby's International Realty
Buyer's Agent
Creative Technology
List Price
$1,590,000
Sold Price
$1,500,500
Premium/Discount to List
-$89,500
-5.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%

Purchase Details

Listed on
Jan 3, 2019
Closed on
Aug 2, 2019
Sold by
1022 Fleming Llc
Bought by
Pineapple House Key West Group Llc
Seller's Agent
Erika Kelley
Keller Williams Key West Compass Realty
Buyer's Agent
Erika Kelley
Keller Williams Key West Compass Realty
List Price
$1,379,000
Sold Price
$1,150,000
Premium/Discount to List
-$229,000
-16.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.70%
Original Mortgage
$862,500
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 9, 2015
Closed on
Jul 22, 2015
Sold by
Leinbach Donald K and Leinbach Lyris Katrina
Bought by
1022 Fleming Llc
Seller's Agent
Scott Forman
Royal Palms Realty (KW)
Buyer's Agent
Gary Thomas
Dunaway McKenzie Realtors (KW)
List Price
$1,095,000
Sold Price
$1,000,000
Premium/Discount to List
-$95,000
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%

Purchase Details

Closed on
Jan 1, 1992
Bought by
1022 Fleming Llc

Purchase Details

Closed on
Jun 1, 1984
Bought by
1022 Fleming Llc
Source: Public Records

Similar Homes in Key West, FL

  • 806 Pearl St, Key West, FL 33040

    $1,199,000

    • 4 Beds
    • 3 Baths
    • 1,504 Sq Ft
    • 806 Pearl St
    • Key West, FL

    Unleash your vision and step into endless possibilities with this two-story duplex, a blank canvas located in the prestigious Meadows neighborhood of Key West. Packed with potential, this diamond in the rough is perfect for investors, developers, or dreamers looking to craft their masterpiece in one of Key West's most desirable areas. The property is a blank slate for your imagination to design

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 620 White St, Key West, FL 33040

    $1,150,000

    • 3 Beds
    • 2 Baths
    • 1,421 Sq Ft
    • 620 White St
    • Key West, FL

    This legal duplex offers fantastic potential with two separate units. The front unit is a 2-bedroom, 1-bath home and a rear unit is a 1-bedroom, 1-bath unit. The property features an in-ground pool and is ideally laid out for investment or owner-occupancy with rental income. While some work has been done, the entire property is in need of finishing renovations-- perfect for a buyer ready to

    Will Langley Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image
  • 308 Peacon Ln, Key West, FL 33040

    $990,000

    • 3 Beds
    • 3 Baths
    • 1,296 Sq Ft
    • 308 Peacon Ln
    • Key West, FL

    Yes - not too good to be true or a misprint! Priced to sell for just $990,000 with this $400,000 price reduction. Rare 2 unit property in Old Town! Enjoy Key West living on one of our most picturesque Old Town lanes. Located in the heart of the historic district and near the seaport, everything you want in Key West is right out your door. Built in the early 1900s, over the years the home was

    Vic Musmanno Coldwell Banker Schmitt Real Estate Co. (KW)

    Section Image
  • 1210 Virginia St, Key West, FL 33040

    $1,149,000

    • 3 Beds
    • 3 Baths
    • 1,740 Sq Ft
    • 1210 Virginia St
    • Key West, FL

    Currently this is a two-story duplex in the popular Bayview Park neighborhood in Old Town. It could be converted back to the original single-family home. There are a total of three bedrooms and 2.5 baths. As currently configured, the first floor has 2 bedrooms,1.5 baths and features 9.5-foot ceilings, doors with transom windows, and hardwood floors. French doors open to the rear yard and porch.

    The Behmke Group Keller Williams Key West Compass Realty

    Section Image
  • 1122 Margaret St, Key West, FL 33040

    $1,499,000

    • 3 Beds
    • 2 Baths
    • 1,148 Sq Ft
    • 1122 Margaret St
    • Key West, FL

    Behind the quintessential white picket fence you will find this delightful historic cottage currently set up as a duplex with off street parking and pool. Lots of opportunity with the ability to generate income and have your own slice of Paradise to enjoy, or marry the spaces and convert to a single family dream home. Each unit enjoys privacy from the other including separate outdoor living

    Wendy Zintsmaster Truman & Co. (KW)

    Section Image
  • 1312 Catherine St, Key West, FL 33040

    $980,000

    • 2 Beds
    • 2 Baths
    • 1,095 Sq Ft
    • 1312 Catherine St
    • Key West, FL

    This charming duplex has much to offer. A great location, two very nice one bedroom, one bath units, each with their own entry and outdoor space and it's in move in condition. The first floor features a primary bedroom with Dade Pine walls and a large closet. The kitchen/living/dining area opens to the private exterior deck. Upstairs the 1/1 has high ceilings and natural light. It has a porch in

    Laura McChesney Preferred Properties (KW)

    Section Image
  • 1327 Duncan St, Key West, FL 33040

    $1,500,000

    • 4 Beds
    • 2 Baths
    • 2,019 Sq Ft
    • 1327 Duncan St
    • Key West, FL

    Are you ready to build??? after talking with City Planning the new owner will be able to possibly renovate the main house and build a second new house Buyer to verify...Make your offer today.Welcome to 1327 Duncan Street, this property offers a 3 bedroom 1 bath single-family home plus a separate 1 bedroom 1 bath cottage with fenced in yard, laundry area, central air condition. The main

    Barbara Crespo Keller Williams Key West Compass Realty

    Section Image
  • 1215 Bay St, Key West, FL 33040

    $1,249,000

    • 4 Beds
    • 3 Baths
    • 1,740 Sq Ft
    • 1215 Bay St
    • Key West, FL

    This charming four-bedroom, three-bathroom duplex is a rare find, nestled on a generous 7,500 sq. ft. lot that provides plenty of room for relaxation, gardening, or entertaining. Surrounded by lush foliage, the property offers a serene sense of privacy and seclusion, making it a perfect retreat. Centrally located, you'll enjoy easy access to shopping, dining, and the beach, with Old Town Key West

    Justyn Ewald Expert Realty LLC (HQ)

    Section Image
  • 1408 Johnson St Unit A & B, Key West, FL 33040

    $1,345,000

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 1408 Johnson St
    • Unit A & B
    • Key West, FL

    Legal Duplex in Prime Key West Location! This thoughtfully updated CBS duplex offers a unique opportunity for multi-family living, employee housing, or generating rental income. Unit A features 2 bedrooms, 1 bath and a private entrance leading to a lushly landscaped yard with an outdoor shower, a clawfoot tub, irrigation and a mature mango tree. Each bedroom has an option for a private

    Megan Mcdowell eXp Realty LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $1,500,500 Florida Title Professional
Warranty Deed $1,150,000 Attorney
Warranty Deed $1,000,000 Attorney
Warranty Deed $142,000 --
Warranty Deed $94,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $862,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Price Changed $2,150,000 -5.9% $1,066 / Sq Ft
02/02/2025 02/02/25 Price Changed $2,285,000 -4.8% $1,133 / Sq Ft
09/13/2024 09/13/24 For Sale $2,399,000 +59.9% $1,190 / Sq Ft
07/09/2021 07/09/21 Sold $1,500,500 +1.0% $744 / Sq Ft
04/18/2021 04/18/21 Price Changed $1,485,000 -6.6% $737 / Sq Ft
01/18/2021 01/18/21 For Sale $1,590,000 +38.3% $789 / Sq Ft
08/02/2019 08/02/19 Sold $1,150,000 -16.6% $570 / Sq Ft
06/02/2019 06/02/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $1,379,000 +37.9% $684 / Sq Ft
07/24/2015 07/24/15 Sold $1,000,000 -8.7% $496 / Sq Ft
07/03/2015 07/03/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $1,095,000 -- $543 / Sq Ft
Source: Florida Keys Board 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 $13,991 $1,650,209 $858,550 $791,659
2023 $13,991 $1,561,596 $789,109 $772,487
2022 $12,269 $1,378,368 $597,618 $780,750
2021 $9,536 $991,277 $453,124 $538,153
2020 $9,224 $959,522 $415,247 $544,275
2019 $8,717 $893,930 $405,427 $488,503
2018 $10,508 $1,075,130 $506,432 $568,698
2017 $10,757 $1,083,212 $0 $0
2016 $10,657 $1,012,946 $0 $0
2015 $3,507 $308,447 $0 $0
2014 $3,657 $305,999 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583489

Florida Keys Board of REALTORS®

APN: 00007340-000000