$725,000
SOLD JUL 12, 2019

14 Aquamarine Dr Key West, FL 33040

4 Beds
4 Baths
2,016 Sq Ft
8,000 Sq Ft Lot

Recently Sold

$360 Per Sq Ft

10% Below List Price

301 Days on Market

Highlights

  • Home fronts a canal
  • Balcony
  • Outdoor Shower
  • No HOA
  • Shutters
  • 1-minute walk to The Park

About This Home

As of July 2019

Waterfront/80 ft. on canal with access to backcountry or ocean for great boating/diving/fishing. Legal duplex with strong rental earning potential for yr-round or seasonal rentals. Great investment property! Similar properties are renting for $2500 (per unit) on annual/unfurnished basis. Located at MM 10.5 for easy access to town/restaurants/ theaters/ attractions, etc. 2 bedroom, 2 bath on each side. Guest bedroom has en-suite bath. New metal roof. New A/C unit on owner's side. Lot is 80' x 100' with deck and covered/off-street parking. Raised exterior decks overlooking canal are great for entertaining. Ample storage. Original owner. Owner's side lightly used/never rented. Current tenant is on month-to-month lease. Recently reduced to current list price. Appraisal avail

Last Agent to Sell the Property

Jack Grayson

Seminole Realty Inc License #33480 Listed on: 07/13/2018

Last Buyer's Agent

Stephen Hammond

Key West Real Estate Sales (KW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,569

Year Built

  • Built in 1984

Lot Details

  • 8,000 Sq Ft Lot
  • Home fronts a canal

Parking

  • Covered Parking

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Balcony

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00155670-000000

Community Details

Overview

  • No Home Owners Association
  • Porpoise Pt Sec 4 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,569

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Control Depth: 30
  • Document Count: 2
  • Fee Includes: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Big Coppitt
  • Limited Representation: No
  • Mile Marker: 10.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4568.84
  • Title: Negotiable
  • Vehicle Storage: Covered Parking
  • Year Built: 1984
  • Alternate Key Number: 1201103
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 8000.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Bahama
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2016.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Disposal, Oven, Refrigerator, Range, Microwave
  • Floor: Carpet, Tile, Laminate
  • Windows/Doors: Aluminum Windows, Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Cable Available, Water Separate Meter, Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00155670-000000
  • Lot Size: 80 X 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Paolucci Jamie M and Paolucci Anthony O
Bought by
Paolucci Jamie M and Paolucci Anthony O
Current Estimated Value
$1,295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2022
Sold by
Treelight Llc
Bought by
Paolucci Jamie M and Paolucci Anthony D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2018
Closed on
Jul 8, 2019
Sold by
Grayson John W and Grayson Andrea
Bought by
Treelight Llc
Seller's Agent
Jack Grayson
Seminole Realty Inc
Buyer's Agent
Stephen Hammond
Key West Real Estate Sales (KW)
List Price
$810,000
Sold Price
$725,000
Premium/Discount to List
-$85,000
-10.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$543,750
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2015
Sold by
Grayson John W
Bought by
Grayson John W and Grayson Andrea

Purchase Details

Closed on
Nov 12, 2012
Sold by
Grayson Thomas N
Bought by
Grayson Thomas N and Grayson Darlene E

Purchase Details

Closed on
Apr 1, 1983
Bought by
Grayson Thomas N and Grayson Darlene E

Purchase Details

Closed on
Aug 1, 1982
Bought by
Grayson Thomas N and Grayson Darlene E

Purchase Details

Closed on
Mar 1, 1982
Bought by
Grayson Thomas N and Grayson Darlene E

Purchase Details

Closed on
Apr 1, 1981
Bought by
Grayson Thomas N and Grayson Darlene E
Source: Public Records

Similar Homes in Key West, FL

  • 3739 Duck Ave, Key West, FL 33040

    $797,000

    • 3 Beds
    • 3 Baths
    • 1,677 Sq Ft
    • 3739 Duck Ave
    • Key West, FL

    Welcome to your tropical duplex opportunity in Key West which can be your slice of paradise. This beautifully duplex offers the perfect blend of charm, flexibility and opportunity in the Newtown section of Key West. The front home features 2 spacious bedrooms and 2 full bathrooms, filled with natural light and island charm. Enjoy the open living room, a well-appointed kitchen and dining area.

    Christopher Orth Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image
  • 3711 Eagle Ave, Key West, FL 33040

    $865,000

    • 2 Beds
    • 2 Baths
    • 1,464 Sq Ft
    • 3711 Eagle Ave
    • Key West, FL

    On a beautiful street this duplex is located on the desirable upper end of Eagle Avenue. The main house is a full renovation project, offering a prime opportunity for customization or redevelopment. This property comes with a build-back letter from the City of Key West, offering a rare chance to create a custom home in a prime residential area. The property can also be purchased with the

    Terri Spottswood Truman & Co. (KW)

    Section Image
  • 2212 Fogarty Ave, Key West, FL 33040

    $899,000

    • 4 Beds
    • 3 Baths
    • 1,826 Sq Ft
    • 2212 Fogarty Ave
    • Key West, FL

    Incredible Investment Opportunity in Key West! Welcome to a fantastic chance to own a legal duplex in the heart of Key West -- the most affordably priced duplex in the area! Situated on a generous 5,000 sq ft lot, this property is perfect for savvy investors, those looking for rental income, or anyone seeking flexible multi-generational living.The main home boasts a spacious 3-bedroom, 2-bathroom

    Bobby Baker Brightwild Real Estate

    Section Image
  • 1428 Virginia St, Key West, FL 33040

    $895,000

    • 4 Beds
    • 2 Baths
    • 2,236 Sq Ft
    • 1428 Virginia St
    • Key West, FL

    Old Town 'Diamond in the Rough' across from Bay View Park with the highly coveted Off-Street parking. City of Key West recognizes this property as a duplex with two ROGO's. Two story main house along with detached cottage. County Property appraiser says main house is 1900+sq ft, with cottage of 300+ sq ft. Does have off-street parking and possibly room for a pool. Lots of potential. Major

    Walt Lee Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image
  • 1312 Catherine St, Key West, FL 33040

    $898,000

    • 2 Beds
    • 2 Baths
    • 1,095 Sq Ft
    • 1312 Catherine St
    • Key West, FL

    This charming duplex is an excellent value. Located near White Street, the beaches and pier, it's an easy walk to everything. Each spacious unit has its own entrance and private outdoor space. Downstairs is a one bedroom, one bath with living, kitchen, dining open concept. Ample closets, full size washer/dryer and high ceilings are an added bonus. There is a bricked off street parking space. The

    Laura McChesney Preferred Properties (KW)

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $550,000 Spottswood Spottswood Spottswo
Warranty Deed $725,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $25,000 --
Warranty Deed $12,500 --
Warranty Deed $25,000 --
Warranty Deed $5,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 New Conventional
Closed $840,000 New Conventional
Previous Owner $550,000 New Conventional
Previous Owner $543,750 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $725,000 0.0% $360 / Sq Ft
07/12/2019 07/12/19 Sold $725,000 -3.2% $360 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
05/10/2019 05/10/19 Pending -- -- --
02/08/2019 02/08/19 Price Changed $749,000 -5.1% $372 / Sq Ft
11/20/2018 11/20/18 Price Changed $789,000 -2.6% $391 / Sq Ft
07/13/2018 07/13/18 For Sale $810,000 0.0% $402 / Sq Ft
06/13/2018 06/13/18 For Sale $810,000 -- $402 / 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 $9,016 $1,016,998 $536,000 $480,998
2023 $9,016 $957,571 $488,000 $469,571
2022 $6,972 $782,726 $308,000 $474,726
2021 $6,472 $619,010 $220,000 $399,010
2020 $6,325 $597,825 $210,000 $387,825
2019 $5,194 $474,000 $208,000 $266,000
2018 $5,682 $455,990 $204,020 $251,970
2017 $5,885 $482,785 $0 $0
2016 $5,849 $469,508 $0 $0
2015 $5,746 $462,071 $0 $0
2014 $5,388 $381,942 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 581052

Florida Keys Board of REALTORS®

APN: 00155670-000000