NOT LISTED FOR SALE

1075 Duval St Unit R15 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,405,000 - $2,804,000

4 Beds
5 Baths
2,450 Sq Ft
2 Acres

Last Sold July 05, 2024

Last sale price $2,600,000 $1,061 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $16,111/month

24 Days on Market

About This Home

As of July 2024

TRANSIENTLY Licensed, nightly rentals allowed! Stunning Income producing Penthouse in the heart of Old Town is now available to be yours! Conveniently located in sought after Duval Square just steps from Key West's best shops, restaurants and World Famous Duval Street. Upon entering the rooftop neighborhood from the elevator you are welcomed with beautifully manicured pathways which lead you to the developers condo, this is the ONLY 4 BR Penthouse in Duval Square. As you enter the home you will be greeted with soaring ceilings and over 2400 Square feet of living space. This Duval Square condo was renovated in 2017 and provides all the modern amenities. On the first floor you will find living room, parlor, kitchen and the first floor bedroom with en suite bath. A half bath is conveinantly located off kitchen for guest use. The living room and parlor open up to your private balcony with lounge area to enjoy a cocktail or watch your favorite sporting event. Take the interior or exterior staircase to the second floor where you will find three comfortable bedrooms with en suite baths. The primary suite is light filled, spacious and includes a private balcony with clawfoot soaking tub. Amenities include a beautiful pool, cabana and seating area overlooking Duval Street. The perfect space to enjoy the Key West Sunshine while having a birds eye view of the action on Duval Street. A new AC system was just installed in 2024.Two covered parking spaces will convey with the sale. The home comes fully furnished with advance bookings already in place. Gross rental income for 2022 is 280K, 264K in 2023 and 170K ++ already on the books for 2024. This is your chance to own a beautifully appointed condo with transient license. You have a winner!

Last Agent to Sell the Property

Paige Bethel

Island Home Realty Inc. License #3382346 Listed on: 05/13/2024

Last Buyer's Agent

Angelina Will

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3485231

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,217

Year Built

1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Fee: 3179.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • 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
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 17217.34
  • Title: Negotiable
  • Vehicle Storage: Garage
  • Vehicle Storage Cars: 2
  • Year Built: 1987
  • Alternate Key Number: 8755325
  • Cooling Heating: Central Air
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck
  • Association Info Condo Docs: Yes
  • License Info Number Of City License: 1
  • License Info Number Of County License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 2450.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Quartz Countertops, Walk-in Closet(s), Storage, Smoke Alarms, Sky Light(s), Elevator, Pantry
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Laminate, Combo
  • Half Bathrooms: 1
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Aluminum Windows
  • Total Bedrooms: 4
  • Accessibility Features: Parking

Exterior Features

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

Utilities

  • Utilities: FKAA, Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X,0.2 PCT ANNUAL CHA
  • Parcel Number: 00027090-000142
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jul 5, 2024
Sold by
1075 Duval Street R15 Llc
Bought by
Horizon Investments & Management Llc
Seller's Agent
Paige Bethel
Island Home Realty Inc.
Buyer's Agent
Angelina Will
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$2,699,000
Sold Price
$2,600,000
Premium/Discount to List
-$99,000
-3.67%
Views
7
Current Estimated Value
$2,657,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,286
Avg. Annual Appreciation
2.18%

Purchase Details

Listed on
Dec 29, 2022
Closed on
Mar 20, 2023
Sold by
Hicks Donald and Hicks Anais
Bought by
1075 Duval Street R15 Llc
Seller's Agent
Paige Bethel
Island Home Realty Inc.
Buyer's Agent
Suzanne Moore
Truman & Co. (KW)
List Price
$2,600,000
Sold Price
$2,500,000
Premium/Discount to List
-$100,000
-3.85%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%

Purchase Details

Listed on
Jan 18, 2021
Closed on
Jun 30, 2021
Sold by
Tb 36 Llc
Bought by
Hicks Donald and Hicks Anais
Seller's Agent
Paul Hayes
Beach Club Brokers (KW)
Buyer's Agent
Teodora Masters
Bascom Grooms Real Estate (KW)
List Price
$2,195,000
Sold Price
$2,150,000
Premium/Discount to List
-$45,000
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%

Purchase Details

Listed on
Nov 20, 2017
Closed on
Jul 2, 2018
Sold by
Dskw Llc
Bought by
Tb 36 Llc
Seller's Agent
Paul Hayes
Beach Club Brokers (KW)
Buyer's Agent
Margaret Crowley
Florida Keys Realty Group LLC
List Price
$1,995,000
Sold Price
$1,600,000
Premium/Discount to List
-$395,000
-19.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%

Purchase Details

Closed on
Jun 29, 2012
Sold by
The Willis Timber Limited Partnership
Bought by
Dskw Llc

Purchase Details

Closed on
Oct 16, 1997
Sold by
Heffernan Thompson I and Heffernan James D
Bought by
The Willis Timber Limited Partnersh

Purchase Details

Closed on
Dec 26, 1996
Sold by
Petrocelli Lucio
Bought by
Overby Jon J

Purchase Details

Closed on
Dec 1, 1995
Bought by
Dskw Llc

Purchase Details

Closed on
Dec 1, 1990
Bought by
Dskw Llc

Purchase Details

Closed on
Nov 1, 1989
Bought by
Dskw Llc
Source: Public Records

Range of Values:

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Average Value
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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
Horizon Investments & Management Llc $2,600,000 None Listed On Document
1075 Duval Street R15 Llc $2,500,000 --
Hicks Donald $2,150,000 Gulf Coast Title
Tb 36 Llc $1,600,000 None Listed On Document
Dskw Llc $725,000 Attorney
The Willis Timber Limited Partnersh $370,000 --
Overby Jon J $135,000 --
Dskw Llc $290,000 --
Dskw Llc $248,900 --
Dskw Llc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hicks Donald A $1,075,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2024 07/05/24 Sold $2,600,000 -3.7% $1,061 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $2,699,000 +8.0% $1,102 / Sq Ft
03/15/2023 03/15/23 Sold $2,500,000 0.0% $1,020 / Sq Ft
01/20/2023 01/20/23 Price Changed $2,500,000 -3.8% $1,020 / Sq Ft
12/29/2022 12/29/22 For Sale $2,600,000 +20.9% $1,061 / Sq Ft
06/30/2021 06/30/21 Sold $2,150,000 -2.1% $878 / Sq Ft
01/18/2021 01/18/21 For Sale $2,195,000 +37.2% $896 / Sq Ft
06/15/2018 06/15/18 Sold $1,600,000 -19.8% $653 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
11/20/2017 11/20/17 For Sale $1,995,000 -- $814 / Sq Ft
Source: Key West 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 $17,217 $2,103,821 -- $2,103,821
2023 $17,217 $2,003,236 $0 $2,003,236
2022 $16,077 $1,893,905 $0 $1,893,905
2021 $10,856 $1,190,830 $0 $1,190,830
2020 $10,823 $1,190,830 $0 $1,190,830
2019 $11,859 $1,297,853 $0 $1,297,853
2018 $9,419 $1,044,930 $0 $0
2017 $8,792 $964,243 $0 $0
2016 $8,334 $836,424 $0 $0
2015 $7,860 $773,052 $0 $0
2014 $7,326 $664,569 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paige Bethel

    Seller's Agent in 2024

    Paige Bethel

    Island Home Realty Inc.

    (305) 395-0550

    23 in this area

    40 Total Sales

    Paige Bethel
    Section Image

  • A

    Buyer's Agent in 2024

    Angelina Will

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (443) 907-6131

    1 in this area

    22 Total Sales

    Angelina Will
    Section Image

  • S

    Buyer's Agent in 2023

    Suzanne Moore

    Truman & Co. (KW)

  • P

    Seller's Agent in 2021

    Paul Hayes

    Beach Club Brokers (KW)

    (305) 294-8433

    11 in this area

    23 Total Sales

    Paul Hayes
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Shad Knapp

    Beach Club Brokers (KW)

    (603) 715-4698

    10 in this area

    28 Total Sales

    Shad Knapp
    Section Image

  • T

    Buyer's Agent in 2021

    Teodora Masters

    Bascom Grooms Real Estate (KW)

    (305) 890-4907

    9 in this area

    16 Total Sales

    Teodora Masters
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 609952

Key West Association of REALTORS®

APN: 00027090-000142

Florida Monroe County Key West 33040 Old Town

1075 Duval St Unit R15, Key West, FL

This home is located at 1075 Duval St Unit R15, Key West, FL 33040 since 13 May 2024 and is currently estimated at $2,657,286, approximately $1,084 per square foot. This property was built in 1987. 1075 Duval St Unit R15 is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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