NOT LISTED FOR SALE

Estimated Value: $1,305,613 - $1,413,000

3 Beds
3 Baths
1,600 Sq Ft
$853/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $930,000 $581 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,973/month

35 Days on Market

Highlights

  • Detached Guest House
  • Deck
  • Patio
  • Concrete Pool
  • No HOA
  • French Doors

About This Home

As of March 2021

Excellent opportunity to own & invest in Key West! Step right into ownership of this successful monthly vacation rental home with the potential to produce $80k in gross annual income. Would also make a fantastic Winter escape or primary home. Situated on a quiet corner block, this spacious 3 bedroom, 3 bathroom property is surrounded by a concrete privacy wall and features a large pool. The main house offers 2 bedrooms & 2 bathrooms, an open living area with vaulted ceilings, and large sliding glass doors that open to the pool area. The pool house serves as the third bedroom with a full bathroom. The back yard is designed for enjoying beautiful weather year-round with a heated pool that gets great sun. An outdoor shower and off-street parking complete the list of desirable amenities.

Last Agent to Sell the Property

Rodney Culiver

Last Key Realty, Inc (KW) License #SL3426316 Listed on: 01/29/2021

Last Buyer's Agent

Elaine Coyle

Tropical Properties Real Estat (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,992

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 5,280 Sq Ft Lot
  • Privacy Fence

Home Design

  • Metal Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • French Doors
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Additional Features

  • Detached Guest House
  • Ground Level

Community Details

  • No Home Owners Association
  • Macros Subd Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00044560-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,992

Year Built

Built in 1953 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • 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 West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • 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: Median
  • State Province: FL
  • Taxes: 4992.04
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Covered Parking
  • Year Built: 1953
  • Alternate Key Number: 1045179
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 5280.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Patio
  • License Info: Non Trans Rntl Lic
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 1600.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Oven, Microwave, Freezer, Dryer
  • Floor: Tile
  • Windows/Doors: French Doors, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Detached Guest Qtrs, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00044560-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 31, 2021
Sold by
Flitcroft David S and Flitcroft Sharon E
Bought by
Wood Cynthia M
Seller's Agent
Rodney Culiver
Last Key Realty, Inc (KW)
Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
List Price
$925,000
Sold Price
$930,000
Premium/Discount to List
$5,000
0.54%
Total Days on Market
35
Current Estimated Value
$1,364,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,403
Avg. Annual Appreciation
9.63%

Purchase Details

Closed on
Feb 2, 2018
Sold by
Lips Marine And Storage Llc
Bought by
Flicroft David S and Flicroft Sharon E

Purchase Details

Listed on
Dec 19, 2015
Closed on
Feb 9, 2016
Sold by
Primestar Fund I Trs Inc
Bought by
Lips Marine & Storage Llc
Seller's Agent
Dasha Ray
Conch Realty LLC (KW)
Buyer's Agent
Lena Mamone
Sunshine State Realty Services
List Price
$534,900
Sold Price
$500,000
Premium/Discount to List
-$34,900
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%

Purchase Details

Closed on
Sep 2, 2015
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Primestar Fund I Trs Inc

Purchase Details

Closed on
Aug 13, 2015
Sold by
Kupfer John and Kupfer Loretta
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Jul 29, 2015
Sold by
Kupfer John and Kupfer Loretta
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
May 27, 2003
Sold by
Gilmore Scott and Gibney Micheal
Bought by
Kupper John and Kupper Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2001
Sold by
Scott Gilmore I
Bought by
Gibney Michael J and Gilmore Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1999
Sold by
Cox Michael
Bought by
Katz Lori and Gilmore Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,500
Interest Rate
7.73%

Purchase Details

Closed on
Jul 1, 1995
Bought by
Lips Marine And Storage Llc

Purchase Details

Closed on
Jun 1, 1986
Bought by
Lips Marine And Storage Llc

Purchase Details

Closed on
Dec 1, 1978
Bought by
Lips Marine And Storage Llc
Source: Public Records

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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
Wood Cynthia M $930,000 Attorney
Flicroft David S -- Southermost Title Inc
Lips Marine & Storage Llc $500,000 None Available
Primestar Fund I Trs Inc -- Attorney
Wilmington Savings Fund Society Fsb -- None Available
Wilmington Savings Fund Society Fsb -- None Available
Kupper John $695,000 --
Gibney Michael J $175,000 --
Katz Lori $265,800 --
Lips Marine And Storage Llc $150,000 --
Lips Marine And Storage Llc $78,500 --
Lips Marine And Storage Llc $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kupfer John $782,000
Previous Owner Kupfer John $225,000
Previous Owner Kupper John $556,000
Previous Owner Katz Lori $350,000
Previous Owner Katz Lori $233,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $930,000 +0.5% $581 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $925,000 -0.5% $578 / Sq Ft
02/16/2021 02/16/21 Off Market $930,000 -- --
01/29/2021 01/29/21 For Sale $925,000 +85.0% $578 / Sq Ft
02/16/2016 02/16/16 Sold $500,000 -6.5% $313 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
12/19/2015 12/19/15 For Sale $534,900 -- $334 / 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 $8,787 $959,713 $528,000 $431,713
2023 $8,787 $1,060,415 $646,800 $413,615
2022 $7,653 $873,135 $454,080 $419,055
2021 $5,538 $618,842 $291,720 $327,122
2020 $4,888 $511,330 $291,720 $219,610
2019 $4,992 $518,863 $295,680 $223,183
2018 $5,401 $553,896 $324,720 $229,176
2017 $5,425 $546,689 $0 $0
2016 $5,240 $497,321 $0 $0
2015 $4,795 $438,644 $0 $0
2014 $5,100 $431,772 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594405

Florida Keys Board of REALTORS®

APN: 00044560-000000