$950,000
SOLD SEP 17, 2021

1401 Simonton St Unit 16 Key West, FL 33040

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

Recently Sold

$992 Per Sq Ft

14% Below List Price

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

Similar Homes in Key West, FL

  • 1401 Simonton St Unit 20, Key West, FL 33040

    $895,000

    • 2 Beds
    • 3 Baths
    • 907 Sq Ft
    • 1401 Simonton St
    • Unit 20
    • Key West, FL

    NEW PRICE! Old Town Key West TRANSIENT LICENSED 2BR CONDO! One of the most luxurious condominiums in Key West. This transient licensed condominium with contemporary design and decor offers two level living and three balconies. The main level features a gourmet kitchen, balconies, powder room, and living room with pool views. Upper level has two bedrooms with designer en suite baths. Santa Maria

    Bascom Grooms Bascom Grooms Real Estate (KW)

    Section Image
  • 1207 William St Unit 3, Key West, FL 33040

    $899,000

    • 3 Beds
    • 3 Baths
    • 1,216 Sq Ft
    • 1207 William St
    • Unit 3
    • Key West, FL

    Step inside this exceptional 3-bedroom condo, where modern living meets unmatched versatility. Each of the three bedrooms features its own en-suite bathroom, ensuring comfort and privacy for all. But the true standout feature? Three separate entrances, with two bedrooms featuring private exterior access! There is a door in the hallway that can be closed to separate the front and back of the house

    Sarah Bixby eXp Realty LLC

    Section Image
  • 1209 Truman Ave Unit 2, Key West, FL 33040

    $719,000

    • 1 Bed
    • 2 Baths
    • 836 Sq Ft
    • 1209 Truman Ave
    • Unit 2
    • Key West, FL

    Charming Old Town Condo in the Heart of Key West! Don't miss this beautifully updated and move-in ready 1-bedroom condo perfectly situated in the vibrant White Street Gallery District. This charming residence offers easy, low-maintenance living in one of the most walkable and desirable neighborhoods of Old Town Key West.Step outside your front door and enjoy being just moments away from local

    Ellen Gvili Ocean Sotheby's International Realty

    Section Image
  • 620 Thomas St Unit 284, Key West, FL 33040

    $859,000

    • 2 Beds
    • 1 Bath
    • 646 Sq Ft
    • 620 Thomas St
    • Unit 284
    • Key West, FL

    SOLD TURN KEY! This second-floor, two bed, one bath condominium features soaring vaulted ceilings that make a bright and airy space. Freshly painted interior, tile floors throughout and other recent updates make this move-in ready. Impact French Doors open to the rear deck that offers a tree top view and has a glimpse of the community pool. There is another deck off the kitchen to enjoy the

    The Behmke Group Keller Williams Key West Compass Realty

    Section Image
  • 620 Thomas St Unit 176, Key West, FL 33040

    $879,000

    • 2 Beds
    • 1 Bath
    • 646 Sq Ft
    • 620 Thomas St
    • Unit 176
    • Key West, FL

    Ground floor end unit! Two-bedroom, one bath Shipyard condo. Updated kitchen with stainless steel appliances. Updated bath with shower. New impact windows and doors. The Shipyard is in the Truman Annex in Old Town Key West. Great location with easy walking and biking to all the action and great restaurants, beaches and sunsets that Key West offers.

    The Behmke Group Keller Williams Key West Compass Realty

    Section Image
  • 620 Thomas St Unit 190, Key West, FL 33040

    $855,000

    • 2 Beds
    • 1 Bath
    • 604 Sq Ft
    • 620 Thomas St
    • Unit 190
    • Key West, FL

    Tropical Paradise Living in the Heart of Old Town, Key West.Discover your dream retreat with this beautifully updated 2-bedroom, 1-bath condo, perfectly situated in the exclusive Truman Annex. Just 2 short blocks from Duval Street.Step inside to a renovated kitchen featuring stunning marble countertops, stainless steel appliances & elegant wood cabinets--perfect for entertaining or enjoying quiet

    Paige Bethel Island Home Realty Inc.

    Section Image
  • 204 Southard St Unit 5, Key West, FL 33040

    $869,000

    • 2 Beds
    • 1 Bath
    • 646 Sq Ft
    • 204 Southard St
    • Unit 5
    • Key West, FL

    Welcome to your perfect island retreat! This beautifully maintained 2-bedroom, 1-bathroom condo is ideally situated on the second floor, offering the best of Key West living. Step out onto one of the two private balconies--one in the front and one in the rear--which are perfect for enjoying the ocean breeze and tropical treetop views.Inside, you'll find an inviting layout, featuring a modern

    Stacy Stahl Realty ONE Group Destination

    Section Image
  • 817 Eaton St Unit 1, Key West, FL 33040

    $850,000

    • 1 Bed
    • 1 Bath
    • 740 Sq Ft
    • 817 Eaton St
    • Unit 1
    • Key West, FL

    MOTIVATED SELLERS' A must see this desirable beautiful bright condo located in the heart of historic Old Town area. This charming 1 bedroom 1 bath home offers high ceilings, with open spacious floor plan. The perfect spot within walking distance of great restaurants and a few blocks to the Historic Seaport and the famous Duval Street. OWNERS MAY HAVE A PET WITH ASSOCIATION APPROVAL.

    Letisia Powell Robert Slack LLC

    Section Image
  • 1800 Atlantic Blvd Unit A405, Key West, FL 33040

    $1,170,000

    • 2 Beds
    • 2 Baths
    • 1,314 Sq Ft
    • 1800 Atlantic Blvd
    • Unit A405
    • Key West, FL

    Enjoy shimmering morning light dancing on the Atlantic Ocean from this 1800 Atlantic penthouse unit!With a commanding view of the ocean and swimming pool, what an exceptional vista to savor, during your morning coffee and afternoon drinks. The top floor location transcends the condominium experience to a higher level providing additional natural light from the vaulted ceilings and floor to

    Vic Musmanno Coldwell Banker Schmitt Real Estate Co. (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
Warranty Deed $950,000 Attorney
Special Warranty Deed $1,275,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,020,000 Purchase Money Mortgage
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591127

Florida Keys Board of REALTORS®

APN: 00036231-001600