1215 Bay St Key West, FL 33040
Mid Town NeighborhoodEstimated payment $7,576/month
Total Views
4,418
4
Beds
3
Baths
1,740
Sq Ft
$718
Price per Sq Ft
About This Home
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 just a short walk or bike ride away. This prime location truly offers the best of both worlds--convenience and tranquility.Currently, this property is a fantastic income-producing opportunity, generating a total of $8,500 per month in long-term rental income. The potential is limitless: live in one side and rent out the other for additional income, or rent out both sides to maximize your return on investment. Don't miss out on this incredible opportunity! Call today to schedule a showing and explore the possibilities this duplex has to offer!
Map
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,828
Year Built
1950
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
- Key Island: Key West
- K W Neighborhood: Midtown East
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 3.00
- M L S Identifier: 20060123165453488875000000
- Off Shore Island: No
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Bay/Gulf
- State Province: FL
- Taxes: 7828.36
- Year Built: 1950
- Alternate Key Number: 1052311
- Building Style: Other Bldg Style
- Lot Sq Ft: 7500.00
- Species List: No
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- Estimated Living Sq Ft: 1740.00
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: MultiFamily
Interior Features
- Total Bathrooms: 3.00
- Full Bathrooms: 3
- Appliances: More Appliances
- Appliances Other: YES
- Total Bedrooms: 4
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: CBS, Combo Construction, Frame, Concrete
- Waterview: No Waterview
- Pool: No
Utilities
- Utilities: FKAA, Buyer to Verify, Municipal Sewer
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE
- Parcel Number: 00051690-000000
- Lot Size: 75X100
- Land Size: Less Than 1/4 Acre
- Acres: 0.17
Rental Info
- Rentals Allowed: With Restrictions
Tax Info
- Tax Year: 2023
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
Average Home Value in this Area
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 | $7,828 | $833,561 | $538,200 | $295,361 |
| 2023 | $7,828 | $824,591 | $532,350 | $292,241 |
| 2022 | $6,496 | $763,379 | $456,300 | $307,079 |
| 2021 | $5,882 | $574,016 | $348,075 | $225,941 |
| 2020 | $5,602 | $574,242 | $345,150 | $229,092 |
| 2019 | $5,057 | $478,720 | $261,788 | $216,932 |
| 2018 | $5,173 | $512,379 | $292,500 | $219,879 |
| 2017 | $4,934 | $492,016 | $0 | $0 |
| 2016 | $4,917 | $488,988 | $0 | $0 |
| 2015 | $4,535 | $407,687 | $0 | $0 |
| 2014 | $4,142 | $318,039 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/23/2025 01/23/25 | Price Changed | $1,249,000 | -3.8% | $718 / Sq Ft |
| 12/11/2024 12/11/24 | For Sale | $1,299,000 | -- | $747 / Sq Ft |
Source: Key West Association of REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $850,000 | Oropeza Stones Cardenas Pllc | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $205,900 | -- | |
| Deed | $170,000 | -- | |
| Warranty Deed | $170,000 | -- | |
| Warranty Deed | $119,000 | -- | |
| Warranty Deed | $85,000 | -- | |
| Deed | $22,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $636,650 | New Conventional | |
| Previous Owner | $127,500 | No Value Available |
Source: Public Records
Similar Homes in Key West, FL
Source: Key West Association of REALTORS®
MLS Number: 612651
APN: 00051690-000000
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