NOT LISTED FOR SALE

Estimated Value: $1,123,045 - $1,308,000

2 Beds
2 Baths
918 Sq Ft
$1,342/Sq Ft Est. Value

Last Sold January 04, 2022

Last sale price $985,000 $1,073 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,463/month

33 Days on Market

Highlights

  • Beach
  • Deck
  • No HOA
  • Tennis Courts
  • Quartz Countertops
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of January 2022

Lowest priced Legal Duplex in Old Town KW. Under a Million and an instant money maker. Just completed in 2021, a Side By Side Duplex in Old Town Key West. Each unit is a 459 sq ft 1 bdrm 1 bath with 1 designated off street parking each. Brand new Roof in 2020, New Kitchen cabinets, Quartz countertops and breakfast bar and SS appliances. New Electrical service and wiring. Separate Electric and water meters. CBS construction with block interior walls, insulated Attic and Polished Concrete floors for maximum durability. Very energy efficient ! All new IMPACT Windows, doors and Sliders. Central A/C & heat for each unit as well as On Demand Tankless water heaters. Each unit has a Laundry center enclosure on rear covered deck. Completely Re Stuccoed in white so you never need to paint. Large private rear yard with plenty of room for a pool. Very low maintenance. This is a perfect candidate for a vacation rental or for longer term tenants. Live in one and rent the other or rent both for maximum returns. Owner is a Licensed Realtor. Very easy to show.

Last Agent to Sell the Property

Victor Olson

Royal Palms Realty (KW) License #3411702 Listed on: 11/03/2021

Last Buyer's Agent

Jaime Caballero

Century 21 Prestige Realty Group (KW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,713

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 3,670 Sq Ft Lot
  • Privacy Fence
  • Fenced

Home Design

  • Duplex
  • Metal Roof
  • Stucco

Interior Spaces

  • 918 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Storage
  • Concrete Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Flush Toilets

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Tennis Courts
  • Balcony
  • Deck

Utilities

  • Central Air
  • Separate Meters
  • Tankless Water Heater
  • Public Hookup Available For Sewer

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Ground Level

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00034630-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Knights Sub Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,713

Year Built

Built in 1963 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • 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
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.60
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Fire Hydrant, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4713.47
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1963
  • Alternate Key Number: 1035513
  • Building Style: Ground Level
  • Cooling Heating: Attic Fan, Heat, Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 3670.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 918.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • G F Interior Features: Dual Flush, Tankless Hot Wtr Htr, LED Lighting
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Pull Down Stairs, Storage, Smoke Alarms, Quartz Countertops
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Microwave, Range, Stainless Steel Appliance(s), Oven
  • Floor: Concrete
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window
  • Appliances Other: NO Refrigerators inc
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Stucco
  • Exterior Features: Fencing, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,0.2 PCT ANNUAL CH
  • Parcel Number: 00034630-000000
  • Lot Size: 40 x 91.75
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Jan 4, 2022
Sold by
Coco Butter Llc
Bought by
Cedarhill-Key West Llc
Seller's Agent
Victor Olson
Royal Palms Realty (KW)
Buyer's Agent
Jaime Caballero
Century 21 Prestige Realty Group (KW)
List Price
$999,000
Sold Price
$985,000
Premium/Discount to List
-$14,000
-1.4%
Current Estimated Value
$1,232,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,011
Avg. Annual Appreciation
2.61%

Purchase Details

Closed on
Apr 3, 2020
Sold by
Todd Robert A and Todd Jane Mary
Bought by
Coco Butter Llc

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
3.4%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 25, 2020
Sold by
Todd Robert A and Todd Jane Mary
Bought by
Coco Butter Llc

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
3.4%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 1, 1981
Bought by
Todd Robert A and Todd Mary Jane
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
Cedarhill-Key West Llc $985,000 Oropeza Stones Cardenas Pllc
Coco Butter Llc $300,000 None Listed On Document
Coco Butter Llc $300,000 None Listed On Document
Todd Robert A $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coco Butter Llc $300,000
Previous Owner Coco Butter Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2022 01/04/22 Sold $985,000 -0.5% $1,073 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
12/03/2021 12/03/21 Price Changed $990,000 -0.9% $1,078 / Sq Ft
11/03/2021 11/03/21 For Sale $999,000 -- $1,088 / 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 $7,911 $1,035,070 $659,774 $375,296
2023 $7,911 $834,490 $467,375 $367,115
2022 $6,722 $773,887 $402,966 $370,921
2021 $4,910 $462,989 $334,429 $128,560
2020 $4,389 $405,923 $348,467 $57,456
2019 $4,644 $432,469 $348,999 $83,470
2018 $4,356 $392,383 $307,179 $85,204
2017 $4,325 $392,383 $0 $0
2016 $4,792 $529,910 $0 $0
2015 $4,583 $491,862 $0 $0
2014 $3,931 $326,083 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598347

Florida Keys Board of REALTORS®

APN: 00034630-000000