NOT LISTED FOR SALE

1401 Simonton St Unit 16 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,166,042

2 Beds
2 Baths
958 Sq Ft
$1,062/mo HOA Fee

Last Sold September 17, 2021

Last sale price $950,000 $992 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,127/month

444 Days on Market

Highlights

  • Newly Remodeled
  • Furnished
  • Stainless Steel Appliances
  • Concrete Pool
  • Granite Countertops
  • 3-minute walk to Key West Dog Beach

About This Home

As of September 2021

Location! Location! Excellent opportunity to own a beautiful transient licensed condo located at the Santa Maria Suites Resort on one of the most spectacular corners in Key West. Santa Maria Resort is located just 1 block from Duval & 2 blocks from the world famous Southernmost Point. Situated between the Casa Marina & Reach Resorts. This unique corner of Key West is the most desirable location on the island. Today Santa Maria Resort continues to be one of the premiere properties in Key West and beyond, achieving some of the highest accolades such as being ranked #1 Hotel in Key West in 2018- US News & rated 4 Diamonds by AAA (one of only two properties in Key West). In addition to the resort is Ambrosia Key West most sleek & trendy sushi restaurant. Unit #16 most desirable unit available.

Last Agent to Sell the Property

Jason Barroso

Century 21 All Keys Inc (KW) License #657307 Listed on: 06/04/2020

Century 21 All Keys Inc (KW)

Co-Listed By

Jessica Barroso

Century 21 All Keys Inc (KW) License #3291905

Last Buyer's Agent

Suzanne Moore

Truman & Co. (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,860

Year Built

  • Built in 2006 | Newly Remodeled

Lot Details

  • Privacy Fence
  • Fenced

HOA Fees

  • $1,062 Monthly HOA Fees

Interior Spaces

  • 958 Sq Ft Home
  • Furnished
  • Bar
  • Blinds
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Guest Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00036231-001600

Community Details

Overview

  • Association fees include cable, common area mnt
  • Filer Boyle Sub Subdivision

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,860

Year Built

Built in 2006 | Newly Remodeled

Lot Details

0

HOA Fees

$1,062 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 1062.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Other, Common Area Mnt
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Other See Remarks
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5859.65
  • Vehicle Storage: Guest Parking, Off Street Parking
  • Year Built: 2006
  • Alternate Key Number: 9087701
  • Cooling Heating: Central Air
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • License Info Number Of City License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 958.00
  • Pre Wired: Cable, Cat 5
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Window Treatments, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Wine Cooler, Stainless Steel Appliance(s), Microwave
  • Floor: Tile
  • Specialty Rooms: Other
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 2
  • Accessibility Features: Accessible

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Bar, Privacy Wall/Fence, Fencing, Lighting
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00036231-001600
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Sep 16, 2021
Sold by
Cobo Santa Maria Llc
Bought by
Jfs Capital Llc
Seller's Agent
Jason Barroso
Century 21 All Keys Inc (KW)
Buyer's Agent
Suzanne Moore
Truman & Co. (KW)
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Current Estimated Value
$1,166,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,042
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
Feb 12, 2007
Sold by
Santa Maria Resort Inc
Bought by
Cobo Jones Santa Maria Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
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
Jfs Capital Llc $950,000 Attorney
Cobo Jones Santa Maria Llc $1,275,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cobo Jones Santa Maria Llc $1,020,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $950,000 -4.9% $992 / Sq Ft
07/29/2021 07/29/21 Price Changed $999,000 -4.9% $1,043 / Sq Ft
05/30/2021 05/30/21 Price Changed $1,050,000 -4.5% $1,096 / Sq Ft
06/04/2020 06/04/20 For Sale $1,100,000 -- $1,148 / 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 $8,176 $983,247 -- $983,247
2023 $8,176 $983,247 $0 $983,247
2022 $7,121 $808,695 $0 $808,695
2021 $5,893 $624,058 $0 $624,058
2020 $5,872 $624,058 $0 $624,058
2019 $5,860 $617,288 $0 $617,288
2018 $5,593 $575,235 $575,235 $0
2017 $5,687 $575,235 $0 $0
2016 $5,865 $575,235 $0 $0
2015 $5,698 $575,235 $0 $0
2014 $5,201 $464,111 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jason Barroso

    Century 21 All Keys Inc (KW)

    (305) 304-3473

    1 in this area

    7 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jessica Barroso

    Century 21 All Keys Inc (KW)

    1 in this area

    7 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Suzanne Moore

    Truman & Co. (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591127

Florida Keys Board of REALTORS®

APN: 00036231-001600

Florida Monroe County Key West 33040 Old Town

1401 Simonton St Unit 16, Key West, FL

This home is located at 1401 Simonton St Unit 16, Key West, FL 33040 since 04 June 2020 and is currently estimated at $1,166,042, approximately $1,217 per square foot. This property was built in 2006. 1401 Simonton St Unit 16 is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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