NOT LISTED FOR SALE

Estimated Value: $908,218 - $1,339,000

3 Beds
2 Baths
1,211 Sq Ft
$888/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $895,000 $739 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,416/month

5 Days on Market

Highlights

  • Beach
  • Impact Glass
  • Laundry Room
  • No HOA
  • Patio
  • Storage

About This Home

As of May 2022

A rare and highly sought after cash-flowing LEGAL duplex has hit the market! Located on a large 5000sqft corner lot, this 2 bedroom 1 bath main house boasts beautiful terrazzo floors with tons of natural light from celerestry and large impact windows. CBS construction with high ceilings, newer electric, plumbing, convenient laundry room and freshly renovated kitchen. Move-in ready home is perfect for indoor and outdoor entertaining with a new fence and new cement porch to best enjoy the breathtaking tropical landscaping. Expansive front and back yard provides a large outdoor storage shed and ample parking with endless possibilities including room for a pool. The separate metered 1 bedroom 1 bathroom offers cash flowing opportunity with a full kitchen and french doors off the living room and bedroom. Currently tenant occupied through Aug 22 generating $2100 monthly revenue for the last four years with room to raise. Come take a look!

Last Agent to Sell the Property

Bradley Seidel

Brightwild Real Estate License #3529927 Listed on: 03/16/2022

Last Buyer's Agent

Jessica Celli

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3496069

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,142

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • Privacy Fence
  • Fenced

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 1,211 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Storage
  • Terrazzo Flooring
  • Impact Glass

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00052650-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Key West Fwdn Sub Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,142

Year Built

Built in 1958 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Median
  • State Province: FL
  • Taxes: 5142.34
  • Title: Negotiable
  • Year Built: 1958
  • Alternate Key Number: 1053295
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1211.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Microwave, Dryer, Disposal
  • Floor: Terrazzo
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: Accessible

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Stucco
  • Exterior Features: Fencing, Privacy Wall/Fence, Rain Gutters, Lighting
  • Roof: Other Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00052650-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Oct 16, 2018
Sold by
Sabino Daniel J
Bought by
Seidel Bradley William and Seidel Jill
Seller's Agent
Jenny Perry
Preferred Properties (KW)
Buyer's Agent
Barry Tracy
KeyIsle Realty - Florida Keys
List Price
$585,000
Sold Price
$570,000
Premium/Discount to List
-$15,000
-2.56%
Current Estimated Value
$1,075,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,555
Avg. Annual Appreciation
9.37%
Original Mortgage
$571,784
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 19, 2018
Sold by
Sabino Daniel J and Wilkins John A
Bought by
Seidel Bradley William and Seidel Jill
Seller's Agent
Jenny Perry
Preferred Properties (KW)
Buyer's Agent
Barry Tracy
KeyIsle Realty - Florida Keys
List Price
$585,000
Sold Price
$570,000
Premium/Discount to List
-$15,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$571,784
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2001
Sold by
Betty L Williams I
Bought by
Sabino Daniel J and Wilkins John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,700
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 1999
Sold by
Pr Thomas J Howard
Bought by
Williams Betty L and Williams Hubert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 1979
Bought by
Sabino Daniel J
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
Seidel Bradley William $570,000 New Title Company Name
Seidel Bradley William $570,000 New Title Company Name
Sabino Daniel J $206,000 --
Williams Betty L $170,000 --
Sabino Daniel J $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seldel Bradley William $585,352
Closed Seidel Bradley William $571,784
Closed Seidel Bradley William $571,784
Previous Owner Sabino Daniel J $248,000
Previous Owner Williams Betty L $260,000
Previous Owner Williams Betty L $195,700
Previous Owner Williams Betty L $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $895,000 -5.3% $739 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $945,000 +65.8% $780 / Sq Ft
09/18/2018 09/18/18 Sold $570,000 -2.6% $471 / Sq Ft
08/12/2018 08/12/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $585,000 -- $483 / 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 $6,670 $737,116 $468,650 $268,466
2023 $6,670 $727,382 $468,650 $258,732
2022 $5,600 $627,149 $365,650 $261,499
2021 $5,142 $489,535 $249,775 $239,760
2020 $5,073 $484,319 $242,050 $242,269
2019 $5,128 $486,828 $242,050 $244,778
2018 $3,114 $298,533 $0 $0
2017 $2,990 $277,319 $0 $0
2016 $3,113 $277,577 $0 $0
2015 $3,303 $287,970 $0 $0
2014 $3,263 $274,774 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600143

Florida Keys Board of REALTORS®

APN: 00052650-000000