NOT LISTED FOR SALE

Estimated Value: $3,151,672 - $3,657,000

3 Beds
4 Baths
2,693 Sq Ft
$1,246/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $3,000,000 $1,114 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $20,314/month

3 Days on Market

Highlights

  • Beach
  • Concrete Pool
  • Deck
  • Tennis Courts
  • Fruit Trees
  • Wood Flooring

About This Home

As of November 2022

The ultimate in sophistication with signature elements of Key West architecture, 1300 Tropical Street is a beautiful residence offering timeless luxury in an unparalleled island setting. A lushly landscaped 9,432 SF corner lot offers a large heated swimming pool, multiple outdoor spaces for lounging and entertaining, and garden views from every room. Designed with indoor outdoor living in mind, every inch of this home seamlessly blends tropical garden views with light and air.A grand formal entry reveals nearly 2,700 square feet of living space featuring a sophisticated grand bedroom complete with two en suite baths and walk-in closet, a large living room with 12' ceilings that open through multiple French doors to the covered patio, a formal dining room, and two large guest bedrooms each with en suite baths. Upstairs is the office that can also be used as an overflow bedroom. A backup home generator and off-street parking make life easy. Don't miss this opportunity to live in a well-appointed residence on a corner lot, just blocks away from the island's best beaches, shopping, and entertainment! Call, text, or message for a private viewing.

Last Agent to Sell the Property

Team Kaufelt

Truman & Co. (KW) License #00000 Listed on: 08/02/2022

Last Buyer's Agent

Brenda Donnelly

Brenda Donnelly Real Estate LLC License #3037635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,016

Year Built

  • Built in 1988

Lot Details

  • 9,432 Sq Ft Lot
  • Privacy Fence
  • Fruit Trees

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,693 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Some Wood Windows
  • Shutters
  • French Doors

Kitchen

  • Oven
  • Range
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Tennis Courts
  • Balcony
  • Deck
  • Patio
  • Shed
  • Tiki or Chickee Hut
  • Rain Gutters

Utilities

  • Central Air
  • Separate Meters
  • Whole House Permanent Generator
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Other Tax Exemptions
  • Assessor Parcel Number 00042050-000000

Community Details

Overview

  • No Home Owners Association
  • Tropical Bldt & Investment Co Sub Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,016

Year Built

Built in 1988

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
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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
  • Neighborhood Feature: Beach, Fire Hydrant, Tennis Courts, Other Area Features, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 5015.97
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1988
  • Alternate Key Number: 1042692
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 9432.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead, Widow/Widower
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2693.00
  • Pre Wired: Cable
  • 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: Built-in Cabinets, Wet Bar, Pantry, Walk-in Closet(s), Smoke Alarms, Sky Light(s), Security System
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Ice Machine, Oven, Dryer, Disposal
  • Floor: Tile, Wood
  • Windows/Doors: French Doors, Wood Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Chickee Hut, Shed, Privacy Wall/Fence, Rain Gutters, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Whole House Generatr, Water Separate Meter, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00042050-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Nov 15, 2022
Sold by
Revocable Inter Vivos Trust
Bought by
Montgomery Family Investments Llc
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$3,000,000
Sold Price
$3,000,000
Views
1
Current Estimated Value
$3,395,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,956
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
May 8, 2002
Sold by
Joseph Taves M
Bought by
Waring John S and Waring S J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 1997
Sold by
Block Edward M and Block Y
Bought by
Block Shirley Y
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Montgomery Family Investments Llc $3,000,000 --
Waring John S $728,000 --
Block Shirley Y $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Block Shirley Y $125,000
Previous Owner Block Shirley Y $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $3,000,000 0.0% $1,114 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $3,000,000 -- $1,114 / 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 $20,644 $2,348,195 $1,156,743 $1,191,452
2023 $20,644 $2,413,002 $1,055,184 $1,357,818
2022 $4,907 $582,031 $0 $0
2021 $5,016 $565,079 $0 $0
2020 $4,932 $557,278 $0 $0
2019 $4,859 $544,749 $0 $0
2018 $4,856 $534,592 $0 $0
2017 $4,834 $523,597 $0 $0
2016 $4,992 $512,828 $0 $0
2015 $5,089 $509,263 $0 $0
2014 $5,240 $505,221 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 602065

Florida Keys Board of REALTORS®

APN: 00042050-000000