$900,000
SOLD NOV 30, 2020
3 Beds
2 Baths
1,243 Sq Ft
1,592 Sq Ft Lot

Recently Sold

$724 Per Sq Ft

9% Below List Price

227 Days on Market

Highlights

  • Key West Architecture
  • Furnished
  • Stainless Steel Appliances
  • Wood Flooring
  • No HOA
  • 4-minute walk to Higgs Beach Dog Park

About This Home

As of April 2023

Monthly vacation rental duplex! Petunia and Poppy are absolutely adorable. Poppy is a one bedroom/one bath sanctum with brand new everything, and a sweet porch perfect for people watching in its quiet Old Town neighborhood. Petunia is a two bedroom/one bath retreat with private covered deck and outdoor shower. Both units have been meticulously renovated and appointed with a unique design aesthetic that is both whimsical and upscale. Both feature modern baths, kitchens, and laundries, and Petunia even boasts a clever Key West Coffee bar. Both units sold completely turnkey with seasonal rentals in place. New roof in 2019. Call for showing details. No work here!

Last Agent to Sell the Property

Brenda Donnelly

Brenda Donnelly Real Estate LLC License #3037635 Listed on: 02/25/2020

Last Buyer's Agent

Baris Leyla

Coastal Collection Real Estate Inc. License #BK3413958

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,230

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 1,592 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,243 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Double Hung Windows
  • French Doors
  • Sliding Doors
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Patio

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28

Community Details

Overview

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,230

Year Built

Built in 1928 | Remodeled

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
  • Marathon Neighborhood: N/A
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 5229.79
  • Year Built: 1928
  • Alternate Key Number: 1022616
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless, Central Air
  • Lot Sq Ft: 1592.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1243.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Window Treatments, Dade County Pine
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Gas Appliances, Microwave, Dryer, Disposal
  • Floor: Tile, Wood
  • Windows/Doors: Double Hung Windows, Glass Doors, French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Apr 11, 2023
Sold by
Nomadic Consumer Ventures Llc
Bought by
Mendenhall Myles and Mendenhall Katherine
Seller's Agent
Baris Leyla
Coastal Collection Real Estate Inc.
Buyer's Agent
Tonya Cabanas
Compass Realty (KW)
List Price
$1,488,000
Sold Price
$1,424,400
Premium/Discount to List
-$63,600
-4.27%
Views
185
Current Estimated Value
$1,564,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,369
Avg. Annual Appreciation
1.51%
Original Mortgage
$1,068,300
Outstanding Balance
$1,040,659
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$434,184

Purchase Details

Listed on
Feb 25, 2020
Closed on
Nov 30, 2020
Sold by
1105 Petronia Llc
Bought by
Nomadic Consumer Ventures Llc
Seller's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
Buyer's Agent
Baris Leyla
Coastal Collection Real Estate Inc.
List Price
$985,000
Sold Price
$900,000
Premium/Discount to List
-$85,000
-8.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.48%

Purchase Details

Listed on
Oct 29, 2013
Closed on
Mar 3, 2014
Sold by
Muens Robert H and Thomas Joann
Bought by
Petronia Llc
Seller's Agent
Lynn Kaufelt
Truman & Co. (KW)
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$565,000
Sold Price
$532,500
Premium/Discount to List
-$32,500
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
Sep 8, 2000
Sold by
Radcliffe Cheryl A
Bought by
Muens Robert H and Thomas Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
8.11%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 1984
Bought by
1105 Petronia Llc

Purchase Details

Closed on
Feb 1, 1973
Bought by
1105 Petronia Llc
Source: Public Records

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Range of Values:

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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 $1,424,400 None Listed On Document
Warranty Deed $900,000 Attorney
Warranty Deed $532,500 None Available
Warranty Deed $309,000 --
Warranty Deed $60,000 --
Deed $9,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,068,300 New Conventional
Previous Owner $245,000 Commercial
Previous Owner $245,000 Commercial
Previous Owner $247,200 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $1,424,400 -4.3% $1,146 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $1,488,000 +65.3% $1,197 / Sq Ft
11/30/2020 11/30/20 Sold $900,000 -8.6% $724 / Sq Ft
02/25/2020 02/25/20 For Sale $985,000 +85.0% $792 / Sq Ft
03/03/2014 03/03/14 Sold $532,500 -5.8% $428 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
10/29/2013 10/29/13 For Sale $565,000 -- $455 / 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 $8,878 $1,135,075 $575,217 $559,858
2023 $8,878 $1,100,124 $574,768 $525,356
2022 $7,789 $914,159 $383,178 $530,981
2021 $7,157 $719,564 $282,886 $436,678
2020 $5,253 $504,952 $275,691 $229,261
2019 $5,230 $498,377 $267,595 $230,782
2018 $5,669 $538,155 $301,326 $236,829
2017 $5,686 $550,216 $0 $0
2016 $5,398 $471,741 $0 $0
2015 $5,157 $432,821 $0 $0
2014 $3,633 $276,951 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589978

Florida Keys Board of REALTORS®

APN: 00021850-000000