$425,000
SOLD MAY 29, 2019

1116 Truman Ave Key West, FL 33040

Old Town Neighborhood
5 Beds
3 Baths
2,141 Sq Ft
3,788 Sq Ft Lot

Recently Sold

$199 Per Sq Ft

15% Below List Price

277 Days on Market

Highlights

  • Deck
  • No HOA
  • 1-minute walk to Higgs Beach Dog Park
  • Key West Architecture
  • Balcony

About This Home

As of August 2024

Historic Old Town Gem awaiting renovation and addition. This is a TOTAL gut rehab, the property is not livable, and requires everything. Seller has HARC approved plans for 3 units. Two 2br/1 bath apartments in the exiting structure ad a new 3br/2bath building in the rear of the property. Call for more information and showings.

Last Agent to Sell the Property

Deborah Batty

Location 3 Real Estate of KW Inc (KW) License #3131616 Listed on: 07/05/2018

Last Buyer's Agent

Deborah Batty

Location 3 Real Estate of KW Inc (KW) License #3131616 Listed on: 07/05/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,991

Year Built

  • Built in 1928

Home Design

  • 2,141 Sq Ft Home
  • Key West Architecture
  • Fixer Upper
  • Frame Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck

Additional Features

  • 3,788 Sq Ft Lot
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00032400-000000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Gwynn Sub Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,991

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • 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-S of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Assume
  • Side: Median
  • State Province: FL
  • Taxes: 2991.20
  • Title: Negotiable
  • Year Built: 1928
  • Alternate Key Number: 1033154
  • Building Style: Conch
  • Lot Sq Ft: 3788.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2141.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: No Appliances
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: x-zone
  • Parcel Number: 00032400-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 3.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Sold $799,000 -3.6% $1,031 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/20/2024 05/20/24 Price Changed $829,000 -2.4% $1,070 / Sq Ft
03/26/2024 03/26/24 Price Changed $849,000 -3.0% $1,095 / Sq Ft
02/24/2024 02/24/24 Price Changed $875,000 -5.4% $1,129 / Sq Ft
02/12/2024 02/12/24 For Sale $925,000 +117.6% $1,194 / Sq Ft
05/29/2019 05/29/19 Sold $425,000 -14.8% $199 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
07/05/2018 07/05/18 For Sale $499,000 +54.9% $233 / Sq Ft
02/04/2016 02/04/16 Sold $322,159 +1.3% $150 / Sq Ft
11/29/2015 11/29/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $318,000 -- $149 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Team Kaufelt

    Seller's Agent in 2024

    Team Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    95 in this area

    197 Total Sales

    Team Kaufelt
    Section Image

  • E

    Buyer's Agent in 2024

    Elaine Coyle

    Tropical Properties Real Estat (KW)

  • D

    Seller's Agent in 2019

    Deborah Batty

    Location 3 Real Estate of KW Inc (KW)

    (305) 509-1958

    1 in this area

    24 Total Sales

    Deborah Batty
    Section Image

  • S

    Seller's Agent in 2016

    Stephen Sibiga

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 580937

Florida Keys Board of REALTORS®

APN: 00032400000000056825

Florida Monroe County Key West 33040 Old Town

1116 Truman Ave, Key West, FL

This home is located at 1116 Truman Ave, Key West, FL 33040 and is currently priced at $425,000, approximately $198 per square foot. This property was built in 1928. 1116 Truman Ave 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.

Florida Keys Board 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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