NOT LISTED FOR SALE

11 Coconut Dr Key West, FL 33040

Estimated Value: $2,583,775 - $2,930,000

4 Beds
2 Baths
2,164 Sq Ft
$1,250/Sq Ft Est. Value

Last Sold February 28, 2025

Last sale price $2,600,000 $1,201 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $16,179/month

2 Days on Market

About This Home

As of February 2025

Waterfront Paradise in Key Haven - A Rare Opportunity! Nestled on a quiet cul-de-sac this stunning 4-bedroom, 2-bathroom home offers the ultimate waterfront lifestyle. Situated on a sprawling 12,500 sq. ft. lot with open water views and direct access to two private canals, this is a true boater's paradise!Enjoy breathtaking sunrises and sunsets from your backyard, where you can dock your boat, fish, or simply relax in the tropical breeze. Located just 5 miles from Key West, this home provides the perfect blend of privacy and convenience, with world-class dining, shopping, and entertainment just minutes away. Don't miss this rare opportunity to own a piece of paradise. Schedule your private showing today. Short notice OKPhotos coming this week.

Last Agent to Sell the Property

Michele Grahl

Keller Williams Key West Compass Realty License #3019599 Listed on: 02/09/2025

Keller Williams Key West Compass Realty

Last Buyer's Agent

outside of mls

Outside Of MLS

Home Details

Home Type

Single Family

Year Built

1977

Lot Details

0.29 Acres

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Haven
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 19939.69
  • Title: Negotiable
  • Vehicle Storage: Garage, Off Street Parking, Auto Door Opener
  • Vehicle Storage Cars: 4+
  • Year Built: 1977
  • Alternate Key Number: 1172677
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Attic Fan, Ceiling Fans(s)
  • Lot Sq Ft: 12500.00
  • Porch Balcony: Deck, Patio
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 2164.00
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Entrance Foyer, Built-in Cabinets, Pull Down Stairs, Walk-in Closet(s), Sky Light(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Water Purification, Disposal, Microwave, Oven, Refrigerator, Dishwasher
  • Floor: Tile, Laminate, Combo, Carpet
  • Specialty Rooms: Laundry Room, Utility Room, Sun/Florida Room
  • Windows/Doors: Sliding Glass Doors, Aluminum Windows
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Davits
  • Waterfront: Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Privacy Wall/Fence, Outdoor Shower, Lanai, Lighting, Rain Gutters
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View, Canal View, Bay/Gulf View
  • Pool: No

Utilities

  • Utilities: FKAA, Whole House Generatr, Cable Available, Elect Separate Meter, Buyer to Verify, Municipal Sewer
  • Heating: Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2025
Closed on
Feb 28, 2025
Sold by
Condit Michael F and Charles Earl Martin Trust
Bought by
Mount Zion Melodic Llc
Seller's Agent
Michele Grahl
Keller Williams Key West Compass Realty
Buyer's Agent
outside of mls
Outside Of MLS
List Price
$2,895,000
Sold Price
$2,600,000
Premium/Discount to List
-$295,000
-10.19%
Views
5
Current Estimated Value
$2,703,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,944
Avg. Annual Appreciation
3.70%

Purchase Details

Closed on
Jul 30, 1993
Sold by
Jackson Ricahrd and Jackson Arlene
Bought by
Martin Charles E and Martin Barbara L

Purchase Details

Closed on
May 1, 1986
Bought by
Martin Charles E and Martin Barbara L

Purchase Details

Closed on
Feb 1, 1973
Bought by
Martin Charles E and Martin Barbara L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mount Zion Melodic Llc $2,600,000 None Listed On Document
Mount Zion Melodic Llc $2,600,000 None Listed On Document
Martin Charles E $375,000 --
Martin Charles E $250,000 --
Martin Charles E $7,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $2,600,000 -10.2% $1,201 / Sq Ft
02/09/2025 02/09/25 For Sale $2,895,000 -- $1,338 / Sq Ft
Source: Key West Association of REALTORS®

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
2025 $20,771 $2,623,425 $2,142,250 $481,175
2024 $18,292 $2,556,839 $2,080,750 $476,089
2023 $18,292 $2,107,829 $1,642,563 $465,266
2022 $4,603 $536,624 $0 $0
2021 $4,741 $520,995 $0 $0
2020 $4,716 $513,802 $0 $0
2019 $4,623 $502,251 $0 $0
2018 $4,651 $492,887 $0 $0
2017 $4,565 $482,750 $0 $0
2016 $4,597 $472,821 $0 $0
2015 $4,732 $469,534 $0 $0
2014 $4,888 $465,808 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 613609

Key West Association of REALTORS®

APN: 00138490-000000

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