NOT LISTED FOR SALE

1401 Simonton St Unit 5 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,111,007

2 Beds
2 Baths
945 Sq Ft
1 Acre Lot

Sale Details

Date Sold: November 8, 2021

Last sale price $1,040,000 $1,101 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $12,389 / mo

223 Days on Market

Highlights

  • Beach
  • Marble Flooring
  • Granite Countertops
  • Concrete Pool
  • Furnished
  • 3-minute walk to Key West Dog Beach

About This Home

As of November 2021

Great opportunity to own a single level luxury two bedroom two bath condo at the exclusive Santa Maria resort. This condo is a end unit that pis located half a block from the famous Duval Street in Key West. The condo has a transit rental license with a great rental history and is a income producing investment. Santa Maria was rated in the top five resorts in Key West and has the best sushi restaurant on the island. Key West finest condo resort living with all the resort amenities including beach access .

Last Agent to Sell the Property

Danny Sanchez

Century 21 All Keys Inc (KW) License #661934 Listed on: 03/16/2021

Century 21 All Keys Inc (KW)

Last Buyer's Agent

Matthew Sheehan

Ocean Sotheby's International Realty License #3400684

Ocean Sotheby's International Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,818

Year Built

  • Built in 2006

Lot Details

  • Privacy Fence
  • Fenced
  • Sprinkler System

Home Design

  • Concrete Roof
  • Stucco

Interior Spaces

  • 945 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • French Doors
  • Marble Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include bldg exterior mnt, exterminating, common area mnt, building insurance
  • Filer Boyle Sub Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Lobby

Recreation

  • Beach

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,818

Year Built

Built in 2006

Lot Details

1 Acres

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 1182.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Other, Exterminating, Common Area Mnt, Building Insurance
  • Handicap Access: No
  • 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
  • Neighborhood Feature: Beach, Manager on Premises, Fire Hydrant
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5817.84
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 2006
  • Alternate Key Number: 0036231000599
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 945.00
  • Pre Wired: Cat 5
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Other, Window Treatments, Split Bedroom, Smoke Alarms, Pantry, Lobby, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Wine Cooler, Washer, Range, Refrigerator, Oven, Microwave, Dryer, Disposal
  • Floor: Combo, Other, Marble
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Stucco
  • Exterior Features: Fencing, Sprinkler System, Privacy Wall/Fence, Outdoor Shower, Lighting
  • Roof: Concrete Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Nov 5, 2021
Sold by
Bought by
Seller's Agent
Danny Sanchez
Century 21 All Keys Inc (KW)
Buyer's Agent
Matthew Sheehan
Ocean Sotheby's International Realty
List Price
$1,200,000
Sold Price
$1,040,000
Premium/Discount to List
-$160,000
-13.33%
Current Estimated Value
$2,111,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,071,007
Avg. Annual Appreciation
16.15%

Purchase Details

Closed on
Mar 23, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old Town, FL

  • Miriam Novotny Real Estate Agent - Compass Florida, LLC

    Miriam Novotny

    Compass Florida, LLC

    (786) 933-8090

    46 Total Sales

    6 in Old Town

    $380K - $1.6M Price Range

    Miriam Novotny
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  • Terrance Sullivan Real Estate Agent - Ocean Sotheby's International Realty

    Terrance Sullivan

    Ocean Sotheby's International Realty

    (888) 612-4007

    67 Total Sales

    13 in Old Town

    $710K - $6.4M Price Range

    Terrance Sullivan
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  • Stephanie Herrmann Real Estate Agent - Better Properties Soundview

    Stephanie Herrmann

    Better Properties Soundview

    (253) 499-7078

    178 Total Sales

    2 in Old Town

    $20,000 Price Range

    Stephanie Herrmann
     Section Image
  • Karl Helbig Real Estate Agent - SUNREAL ESTATE INC

    Karl Helbig

    Responds Quickly

    SUNREAL ESTATE INC

    (941) 208-2160

    48 Total Sales

    2 in Old Town

    $681,200 Price Range

    Karl Helbig
     Section Image
  • Chris Remmert Real Estate Agent - CENTURY 21 EXECUTIVE TEAM

    Chris Remmert

    CENTURY 21 EXECUTIVE TEAM

    (656) 228-8358

    33 Total Sales

    3 in Old Town

    $5,000,000 Price Range

    Chris Remmert
     Section Image
  • Matthew Sheehan Real Estate Agent - Ocean Sotheby's International Realty

    Matthew Sheehan

    Ocean Sotheby's International Realty

    (877) 719-4071

    80 Total Sales

    16 in Old Town

    $80K - $9.5M Price Range

    Matthew Sheehan
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,040,000 Sanchez & Ashby Pa
$1,195,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/08/2021 11/08/21 Sold $1,040,000 -13.3% $1,101 / Sq Ft
03/16/2021 03/16/21 For Sale $1,200,000 -- $1,270 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $9,173 $971,238 $971,238
2024 $8,771 $1,057,997 $1,057,997
2023 $8,771 $1,057,997 $0 $1,057,997
2022 $7,640 $871,616 $0 $871,616
2021 $6,081 $645,590 $0 $645,590
2020 $6,060 $645,590 $0 $645,590
2019 $6,019 $638,664 $0 $638,664
2018 $5,664 $595,297 $595,297 $0
2017 $5,453 $595,297 $0 $0
2016 $5,448 $595,297 $0 $0
2015 $5,313 $595,297 $0 $0
2014 $4,506 $393,315 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danny Sanchez Real Estate Agent - Century 21 All Keys Inc (KW)

    Seller's Agent in 2021

    Danny Sanchez

    Century 21 All Keys Inc (KW)

    (305) 896-7253

    6 in this area

    16 Total Sales

    Danny Sanchez
    Section Image
  • Matthew Sheehan Real Estate Agent - Ocean Sotheby's International Realty

    Buyer's Agent in 2021

    Matthew Sheehan

    Ocean Sotheby's International Realty

    (305) 849-9233

    13 in this area

    80 Total Sales

    Matthew Sheehan
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595161

Florida Keys Board of REALTORS®

APN: 00036231-000500

Florida Monroe County Key West 33040 Old Town

1401 Simonton St Unit 5, Key West, FL

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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