$2,600,000
SOLD JUL 2, 2025
4 Beds
4 Baths
2,240 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$1,161 Per Sq Ft

32% Below List Price

682 Days on Market

About This Home

As of July 2025

An exquisite two-story home in the Meadows was newly built in 2017. The custom craftsmanship and attention to every detail will satisfy the most discerning buyer. This four bedroom three and a half-bath home has all the modern high-end finishes while maintaining its old Key West charm. A large corner lot with off-street parking boasts lush landscaping in a private setting with a heated/cooled saltwater pool and waterfall. All hurricane-impact windows and doors, along with a whole house generator. The home is soundproof, being it's fully insulated . This is a very rare opportunity to own something new in Old Town with all the current building standards met. The property has its Monroe County rental permit in place. This home is being offered completely furnished, including the artwork throughout.

Last Agent to Sell the Property

Marc Ulanowski

Equestrian Sotheby's International Realty License #3251327 Listed on: 04/18/2023

Equestrian Sotheby's International Realty

Co-Listed By

Ellen Gvili

Ocean Sotheby's International Realty License #3043680

Last Buyer's Agent

Marc Ulanowski

Equestrian Sotheby's International Realty License #3251327 Listed on: 04/18/2023

Equestrian Sotheby's International Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,126

Year Built

2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 12314.56
  • Vehicle Storage: Off Street Parking
  • Year Built: 2016
  • Alternate Key Number: 1025038
  • Building Style: Conch
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 3500.00
  • Pool Info: In Ground, Concrete, Salt Water
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2240.00
  • Pool Info Other: cooled
  • Pre Wired: Cable
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Quartz Countertops, Built-in Cabinets, Smoke Alarms, Dade County Pine, Granite Counter Top, Entrance Foyer, Split Bedroom, Cathedral Ceilings, Wet Bar
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Gas Appliances, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood, Marble
  • Half Bathrooms: 1
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Fencing, Water Display, Storage, Sprinkler System, Privacy Wall/Fence, Outdoor Shower, Lighting, Rain Gutters, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: On Premises System
  • Utilities: FKAA, Propane, Cable Available, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00024240-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Jun 30, 2025
Sold by
Rep Properties Llc
Bought by
Ssi Properties Inc
Seller's Agent
Marc Ulanowski
Equestrian Sotheby's International Realty
Buyer's Agent
Marc Ulanowski
Equestrian Sotheby's International Realty
List Price
$3,800,000
Sold Price
$2,600,000
Premium/Discount to List
-$1,200,000
-31.58%
Views
746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
175.63%
Original Mortgage
$1,000,000
Outstanding Balance
$1,000,000
Interest Rate
6.86%
Mortgage Type
Seller Take Back
Estimated Equity
$1,819,677

Purchase Details

Listed on
Jan 13, 2020
Closed on
Jun 24, 2020
Sold by
Cullen and Monica
Bought by
Rep Properties Llc
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
List Price
$1,895,000
Sold Price
$1,670,000
Premium/Discount to List
-$225,000
-11.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$0
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2020
Closed on
Jun 22, 2020
Sold by
Cullen and Monica
Bought by
Rep Properties Llc
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
List Price
$1,895,000
Sold Price
$1,670,000
Premium/Discount to List
-$225,000
-11.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2013
Sold by
Hsbc Bank Usa Na
Bought by
Cullen Thomas and Cullen Monica

Purchase Details

Closed on
Jun 27, 2013
Bought by
Cullen Thomas and Cullen Monica

Purchase Details

Closed on
Jun 17, 2013
Sold by
Lacey Robin L and Lacey Diana M Mellon
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Mar 24, 1997
Sold by
Norma R D'Aquino P R
Bought by
Lacey Robin L and Lacey Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,960
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1975
Bought by
Cullen Thomas and Cullen Monica
Source: Public Records

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Range of Values:

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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 $2,600,000 None Listed On Document
Warranty Deed $73,098,571 None Listed On Document
Warranty Deed $73,098,571 None Listed On Document
Special Warranty Deed $355,000 Attorney
Certificate Of Transfer $100 --
Trustee Deed -- None Available
Warranty Deed $183,700 --
Deed $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Seller Take Back
Open $1,611,699 Balloon
Previous Owner $0 New Conventional
Previous Owner $511,000 New Conventional
Previous Owner $146,960 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Sold $2,600,000 0.0% $1,161 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
04/02/2024 04/02/24 Price Changed $2,600,000 -13.3% $1,161 / Sq Ft
03/19/2024 03/19/24 Price Changed $2,999,000 -3.3% $1,339 / Sq Ft
01/23/2024 01/23/24 Price Changed $3,100,000 -13.9% $1,384 / Sq Ft
10/31/2023 10/31/23 Price Changed $3,600,000 -5.3% $1,607 / Sq Ft
04/18/2023 04/18/23 For Sale $3,800,000 +127.5% $1,696 / Sq Ft
06/22/2020 06/22/20 Sold $1,670,000 -11.9% $746 / Sq Ft
01/13/2020 01/13/20 For Sale $1,895,000 -- $846 / Sq Ft
Source: Key West Association 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 $15,126 $2,113,069 $1,113,000 $1,000,069
2023 $15,126 $1,962,116 $1,001,000 $961,116
2022 $13,393 $1,703,677 $731,500 $972,177
2021 $12,315 $1,357,421 $497,000 $860,421
2020 $11,973 $1,458,839 $511,000 $947,839
2019 $11,638 $1,514,700 $617,750 $896,950
2018 $9,939 $1,115,949 $595,000 $520,949
2017 $9,268 $1,027,668 $0 $0
2016 $4,650 $558,244 $0 $0
2015 $4,148 $443,735 $0 $0
2014 $4,289 $372,451 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 604993

Key West Association of REALTORS®

APN: 00024240-000000