Seller's Agent in 2025
Tommy Mack
Coastal Collection Real Estate Inc.
(305) 731-7910
4 in this area
258 Total Sales
1316 Royal St Unit 3 Key West, FL 33040
Casa Marina NeighborhoodEstimated Value: $1,909,102 - $1,947,000
4
Beds
4
Baths
1,743
Sq Ft
$1,105/Sq Ft
Est. Value
About This Home
As of January 2025See video fly through on zillow under facts & features. Welcome to 1316 Royal St #3, a newly constructed, stunning single family sanctuary that sits only a few blocks from the world famous Duval Street. A rare opportunity presents itself with this brand-new home that ensures top-notch living and was built to adhere to Florida's toughest building standards. Crafted to withstand up to 180 MPH winds and located in the highly sought-after X flood zone, durable Hardi board siding, wind-rated doors and windows, elevated first floor and a metal roof assure safety and peace of mind even in the harshest of conditions. The spacious 1,743 sq. ft of modern living space offers 4 beautifully appointed on suite bedrooms and 3.5 bathrooms, with one on suite and a half bathroom on the main level, providing convenience and privacy. Step into the open-plan living area that seamlessly connects living, kitchen, and outdoor spaces, ideal for entertaining and everyday living. The kitchen features brand-new stainless appliances, and a separate coffee/bar station with a craft ice maker and beverage/wine fridge. The living area features a floor-to-ceiling glass sliding door that opens the entire space, giving way to a raised composite wood deck that surrounds a concrete pool, inviting you to relax and enjoy sunny Key West days in privacy and comfort. A highly efficient ductless mini-split cooling system paired with practical Hunter Douglas plantation shutters ensures each room is customized for your comfort and privacy. Off-street, private parking is also conveniently accounted for, adding to the ease of your daily routine. Beyond the bounds of this magnificent home, the community offers walking distance to vibrant attractions such as Casa Marina Resort, Higgs Beach, and the famous Duval Street, placing you at the heart of Key West's finest experiences, all just moments away from your doorstep. Don't miss the opportunity to own this impeccable new home.
Last Listed By
Coastal Collection Real Estate Inc. License #3285624 Listed on: 09/23/2024
Home Details
Home Type
Single Family
Est. Annual Taxes
$2,991
Year Built
2023
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- First Right of Refusal: No
- Association Fee: 150.00
- Mandatory HOA: Yes
- Document Count: 2
- Fee Includes: Common Area Mnt
- Key Island: Key West
- K W Neighborhood: Casa Marina
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 1.00
- M L S Identifier: 20060123165453488875000000
- Off Shore Island: No
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Sale Terms: Conventional
- Side: Median
- State Province: FL
- Taxes: 10192.00
- Vehicle Storage: Off Street Parking
- Year Built: 2023
- Alternate Key Number: 9105214
- Cooling Heating: Ceiling Fans(s), Ductless
- Lot Sq Ft: 1670.00
- Pool Info: In Ground, Concrete
- Pool Info Heated: Yes
- Porch Balcony: Deck
- Association Maintenance Fee Per: Monthly
- Tax Exemptions: None
- Building Style Above Flood: Yes
- Building Style Stories: 2 Stories
- Estimated Living Sq Ft: 1743.00
- Property Condition: New Construction
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: NewHome
- Property Sub Type: Detached
- Stories: 2
Interior Features
- Interior Amenities: Drapes/Blinds Incl, Quartz Countertops, Built-in Cabinets
- Total Bathrooms: 4.00
- Full Bathrooms: 3
- Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Disposal, Microwave, Refrigerator, Dishwasher, Dryer
- Half Bathrooms: 1
- Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
- Total Bedrooms: 4
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame, Hardi Board Siding
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: Yes
Utilities
- Utilities: FKAA, Municipal Sewer
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: X
- Parcel Number: 00036920-000300
- Land Size: Less Than 1/4 Acre
Rental Info
- Rentals Allowed: Yes
Tax Info
- Tax Year: 2024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2024
Closed on
Jan 10, 2025
Sold by
Pauley William and Romano Nicole
Bought by
Koch Properties Corp
Seller's Agent
Tommy Mack
Coastal Collection Real Estate Inc.
Buyer's Agent
Solaris Gregory
Expert Realty LLC (HQ)
List Price
$1,999,000
Sold Price
$1,925,000
Premium/Discount to List
-$74,000
-3.7%
Total Days on Market
60
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,526
Avg. Annual Appreciation
0.26%
Original Mortgage
$962,500
Outstanding Balance
$959,971
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$966,555
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Koch Properties Corp | $1,925,000 | None Listed On Document | |
| Koch Properties Corp | $1,925,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Koch Properties Corp | $962,500 | |
| Closed | Koch Properties Corp | $962,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2025 01/10/25 | Sold | $1,925,000 | -3.7% | $1,104 / Sq Ft |
| 09/23/2024 09/23/24 | For Sale | $1,999,000 | -- | $1,147 / Sq Ft |
Source: Key West Association of REALTORS®
Tax History Compared to Growth
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 | $2,991 | $1,315,941 | $510,853 | $805,088 |
| 2023 | $2,991 | $400,800 | $400,800 | -- |
Source: Public Records
Agents Affiliated with this Home
-
Tommy Mack
-
Jenny Benson
J
Seller Co-Listing Agent in 2025
Jenny Benson
Coastal Collection Real Estate Inc.
(775) 835-9668
1 in this area
13 Total Sales
-
Solaris Gregory
Buyer's Agent in 2025
Solaris Gregory
Expert Realty LLC (HQ)
(305) 394-3442
1 in this area
86 Total Sales
Map
Similar Homes in Key West, FL
Source: Key West Association of REALTORS®
MLS Number: 611559
APN: 00036920-000300
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