NOT LISTED FOR SALE

1435 Flagler Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,349,827 - $2,113,000

0.18 Acres
$9,545,241 Price per Acre
7,646 Sq Ft Lot

Sale Details

Date Sold: January 31, 2020

Last sale price $475,000 $314 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $10,379 / mo

14 Days on Market

Highlights

  • Beach
  • Corner Lot
  • Fenced

About This Lot

As of January 2020

Build your dream home on an oversized lot in the heart of Midtown Key West. Rare 7,646 SF lot with in ground pool now available on the corner of Flagler and Leon St. Current owner has demolition permit in hand and house will be demolished and debris removed. Excellent location close to Atlantic beaches and the White St. pier.

Last Agent to Sell the Property

Keith Bland

Truman & Co. (KW) License #3166210 Listed on: 12/30/2019

Last Buyer's Agent

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105

Coldwell Banker Schmitt Real Estate Co. (KW)

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,479

Lot Details

  • 7,646 Sq Ft Lot
  • Lot Dimensions are 83x93
  • Fenced
  • Corner Lot
  • Cleared Lot

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00040790-000000

Community Details

Overview

  • Tropical Bldt & Investment Co Sub Subdivision

Recreation

  • Beach

Property Details

Property Type

Land

Est. Annual Taxes

$4,479

Lot Details

7,646 Sq Ft Lot

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4479.30
  • Alternate Key Number: 1041475
  • Lot Sq Ft: 7646.00
  • Species List: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Existing Utilities: Street Lights, Water Meter, Water Line, Sewer, Electric on Site
  • Location Site: Paved Street, Cleared Site, Fenced, Corner Lot
  • Lot Dimensions: 83x93
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • R O G O Exempt: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Waterview: No Waterview

Utilities

  • Security: No Security

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00040790-000000
  • Land Size: Less Than 1/4 Acre
  • Building Permit: Other Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2019

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

Closed on
Aug 28, 2023
Sold by
Cobb Frederick J and Cobb Amelia A
Bought by
Current Estimated Value
$1,764,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Outstanding Balance
$1,210,018
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$465,439

Purchase Details

Listed on
Dec 30, 2019
Closed on
Jan 31, 2020
Sold by
Key West Restoration Llc
Bought by
Cobb Frederick J
Seller's Agent
Keith Bland
Truman & Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.01%

Purchase Details

Listed on
Aug 6, 2016
Closed on
Oct 5, 2016
Sold by
Dixon Eugene J
Bought by
Key West Restoration Llc
Seller's Agent
Edward Salazar
At Home in Key West, Inc.
Buyer's Agent
Lezlie Roark
Truman & Co. (KW)
List Price
$479,000
Sold Price
$412,000
Premium/Discount to List
-$67,000
-13.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Sep 1, 1998
Sold by
Elkins Carle T and Ellis Patrick L
Bought by
Dixon Eugene J and Miller Larry F

Purchase Details

Closed on
Dec 1, 1992
Bought by
Dixon Eugene J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Mid Town, FL

  • Chris Remmert Real Estate Agent - CENTURY 21 EXECUTIVE TEAM

    Chris Remmert

    CENTURY 21 EXECUTIVE TEAM

    (656) 228-8358

    33 Total Sales

    2 in Mid Town

    $3,275,000 Price Range

    Chris Remmert
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  • Brenda Thomas Real Estate Agent - Island Welcome Real Estate

    Brenda Thomas

    Island Welcome Real Estate

    (724) 202-0694

    16 Total Sales

    1 in Mid Town

    $560,000 Price

    Brenda Thomas
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  • Matthew Sheehan Real Estate Agent - Ocean Sotheby's International Realty

    Matthew Sheehan

    Ocean Sotheby's International Realty

    (877) 719-4071

    80 Total Sales

    11 in Mid Town

    $600K - $1.4M Price Range

    Matthew Sheehan
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  • Robin Mitchell Real Estate Agent - Keller Williams Key West Compass Realty

    Robin Mitchell

    Keller Williams Key West Compass Realty

    (877) 743-1378

    51 Total Sales

    4 in Mid Town

    $815K - $1.2M Price Range

    Robin Mitchell
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  • Bernice Schafer Real Estate Agent - Vested Palm Real Estate and Home Services

    Bernice Schafer

    Vested Palm Real Estate and Home Services

    (888) 614-9574

    61 Total Sales

    5 in Mid Town

    $700K - $3.8M Price Range

    Bernice Schafer
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  • Annie Rivera Real Estate Agent - Berkshire Hathaway Florida Realty

    Annie Rivera

    Berkshire Hathaway Florida Realty

    (786) 933-8040

    15 Total Sales

    4 in Mid Town

    $189K - $270K Price Range

    Annie Rivera
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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
-- None Listed On Document
Cobb Frederick J $475,000 --
Key West Restoration Llc $412,000 Attorney
Dixon Eugene J $340,000 --
Dixon Eugene J $160,000 --
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
Open $1,250,000
Previous Owner Dixon Eugene J $283,500
Previous Owner Dixon Eugene J $46,737
Previous Owner Dixon Eugene J $295,000
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 Prior Sale
01/31/2020 01/31/20 Sold $475,000 -4.0% $314 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
12/30/2019 12/30/19 For Sale $495,000 +20.1% $328 / Sq Ft
10/05/2016 10/05/16 Sold $412,000 -14.0% $273 / Sq Ft View Prior Sale
09/04/2016 09/04/16 Pending -- -- --
08/06/2016 08/06/16 For Sale $479,000 -- $317 / 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 $7,717 $1,049,626 $733,282 $316,344
2024 $4,584 $1,142,313 $832,374 $309,939
2023 $4,584 $686,213 $686,213 $0
2022 $3,763 $486,790 $486,790 $0
2021 $3,248 $322,050 $322,050 $0
2020 $3,364 $336,913 $336,913 $0
2019 $4,479 $460,696 $388,998 $71,698
2018 $4,892 $497,418 $398,815 $98,603
2017 $4,972 $497,307 $0 $0
2016 $4,621 $474,727 $0 $0
2015 $5,117 $518,413 $0 $0
2014 $4,956 $477,852 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Keith Bland Real Estate Agent - Truman & Co. (KW)

    Seller's Agent in 2020

    Keith Bland

    Truman & Co. (KW)

    (305) 304-6335

    13 Total Sales

    Section Image
  • Vic Musmanno Real Estate Agent - Coldwell Banker Schmitt Real Estate Co. (KW)

    Buyer's Agent in 2020

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    32 in this area

    95 Total Sales

    Vic Musmanno
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  • ES

    Seller's Agent in 2016

    Edward Salazar

    At Home in Key West, Inc.

  • Bascom Grooms Real Estate Agent - Bascom Grooms Real Estate (KW)

    Seller Co-Listing Agent in 2016

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    45 in this area

    227 Total Sales

    Bascom Grooms
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  • LR

    Buyer's Agent in 2016

    Lezlie Roark

    Truman & Co. (KW)

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588903

Florida Keys Board of REALTORS®

APN: 00040790-000000

Florida Monroe County Key West 33040 Mid Town

1435 Flagler Ave, 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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