NOT LISTED FOR SALE

1408 Johnson St Unit 1&2 Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,303,000 - $1,392,000

4 Beds
2 Baths
1,344 Sq Ft
$995/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $657,000 $489 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $7,989/month

213 Days on Market

Highlights

  • Fruit Trees
  • No HOA
  • Terrazzo Flooring
  • Deck
  • Shutters
  • Outdoor Storage

About This Home

As of September 2020

Legal Duplex available for sale on highly desirable Johnson Street! The front unit has 3 bedrooms/ 1 bath, full kitchen, impact windows on the front bedrooms, and features a private entrance, lushly landscaped yard with an outdoor shower, mature fruit trees and gas line for a summer kitchen. The rear unit has 1 bedroom/ 1 bath and full kitchen and features a separate entrance and private yard. This CBS home has A rated shutters for all openings, new plumbing (2013), new AC's (2013 & 2016), newer appliances, travertine tile throughout, and off street parking for up to 4 cars.This home offers many options to live the Key West dream! Live in one and rent the other to offset your expenses or rent both units as an investment property.

Last Agent to Sell the Property

Allison Findlay

Preferred Properties (KW) License #3441470 Listed on: 02/10/2020

Co-Listed By

Krystal Thomas

Last Key Realty, Inc (KW)

Last Buyer's Agent

Krystal Thomas

eXp Realty LLC License #3293981

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,409

Year Built

  • Built in 1958

Lot Details

  • 3,620 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Fruit Trees

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Terrazzo Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00060110-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Land Buyers Assn Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,409

Year Built

Built in 1958

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
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Median
  • State Province: FL
  • Taxes: 4409.24
  • Vehicle Storage: Off Street Parking
  • Year Built: 1958
  • Alternate Key Number: 1060577
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 3620.00
  • Porch Balcony: Deck
  • Association Info Condo Docs: No
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1344.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: No
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Refrigerator
  • Floor: Terrazzo
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence, Fruit Tree(s)
  • Roof: Tar/Gravel Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00060110-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2025
Sold by
Sheehan Edwin and Lynn Thomas Krystal
Bought by
Somewhere South Properties Llc
Current Estimated Value
$1,345,000

Purchase Details

Listed on
Feb 10, 2020
Closed on
Sep 15, 2020
Sold by
Claudia Richards
Bought by
Thomas Krystal Lynn and Sheehan Edwin
Seller's Agent
Allison Findlay
Preferred Properties (KW)
Buyer's Agent
Krystal Thomas
Last Key Realty, Inc (KW)
List Price
$695,000
Sold Price
$657,000
Premium/Discount to List
-$38,000
-5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.53%
Original Mortgage
$640,007
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1997
Sold by
Root Timothy W and Macmackin Reta Macmackin
Bought by
Richards Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,870
Interest Rate
8.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 1997
Sold by
Root Timothy and Macmackin Reta Macmackin
Bought by
Root Timothy W and Macmackin Reta

Purchase Details

Closed on
Mar 1, 1996
Bought by
Richards Claudia
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
Somewhere South Properties Llc $1,210,000 None Listed On Document
Somewhere South Properties Llc $1,210,000 None Listed On Document
Thomas Krystal Lynn $652,000 Spottswood Spottswood Spottswo
Richards Claudia $223,000 --
Root Timothy W $100 --
Richards Claudia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lynn Thomas Krystal $85,700
Previous Owner Thomas Krystal Lynn $640,007
Previous Owner Zimpel Hans H $123,000
Previous Owner Root Timothy W $153,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $657,000 0.0% $489 / Sq Ft
05/31/2020 05/31/20 Off Market $657,000 -- --
02/10/2020 02/10/20 For Sale $695,000 -- $517 / 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 $6,731 $835,399 -- --
2023 $6,731 $796,908 $599,186 $197,722
2022 $5,370 $623,897 $426,175 $197,722
2021 $4,810 $451,624 $281,510 $170,114
2020 $4,493 $417,889 $265,870 $152,019
2019 $4,409 $405,291 $253,272 $152,019
2018 $4,589 $419,592 $265,345 $154,247
2017 $4,437 $419,937 $0 $0
2016 $2,470 $269,999 $0 $0
2015 $2,655 $239,482 $0 $0
2014 $2,593 $206,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589685

Florida Keys Board of REALTORS®

APN: 00060110-000000