$1,400,000
SOLD MAY 9, 2016
2 Beds
2 Baths
1,531 Sq Ft
2.55 Acres

Recently Sold

$914 Per Sq Ft

2% Below List Price

189 Days on Market

Highlights

  • Ocean Front
  • 2.55 Acre Lot
  • No HOA
  • Beach
  • Outdoor Water Feature
  • 4-minute walk to Key West Nature Preserve

About This Home

As of May 2016

Many units in the Beach Club over the last few years, have been transformed into showplaces, but none like this! The quality of the materials and design are proof that no expense was spared. PGT WinGuard LowE Impact glass in the kitchen, guest bedroom, office nooks, 3 panel sliding stackable doors to the terrace. There are custom fixed, frosted impact windows and new accordion balcony shutters. Balcony has Tung and grove wood ceiling and lighting. Over 50 recessed lights, ceiling fans, city transient rental code approved fire alarms and emergency lighting. All new plumbing including Kolher, Moen, Ripley, Danze, Delta and PowerStar Instant Hot Water. Porcelain floor tile throughout. Custom kitchen, GE Profile appliances, wine coolers and Eco Cosentino countertop. Transient License. Covered

Last Agent to Sell the Property

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 10/28/2015

Co-Listed By

Jeffrey Grosky

Preferred Properties (KW) License #3271707

Last Buyer's Agent

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 10/28/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,792

Year Built

  • Built in 1987

Lot Details

Interior Spaces

  • 1,531 Sq Ft Home
  • Tray Ceiling
  • Sliding Doors
  • Tile Flooring

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Covered Parking
  • Electric Gate
  • Assigned Parking

Outdoor Features

  • Screened Balcony
  • Outdoor Water Feature
  • Exterior Lighting
  • Outdoor Storage
  • Attached Grill

Utilities

  • Central Air
  • Separate Meters

Listing and Financial Details

  • Homestead Exemption

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, sewer, security, cable, building insurance
  • Key West Beach Club 2 Subdivision

Amenities

  • Lobby

Recreation

  • Beach

Pet Policy

  • Pet Restriction: PETR

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,792

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 3523.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Other, Sewer, Security, Cable, Building Insurance
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Other Area Features, Manager on Premises
  • Pets W Restrictions: PETR
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 8792.00
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Covered Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1987
  • Alternate Key Number: 8708998
  • Cooling Heating: Central Air
  • Lot Sq Ft: 111071.00
  • Porch Balcony: Screened P/B
  • Shutters: Other
  • Tax Exemptions: Homestead
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1531.00
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Other, Walk-in Closet(s), Tray Ceilings, Split Bedroom, Smoke Alarms, Pantry, Lobby, Elevator
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Wine Cooler, Washer, Microwave, Refrigerator, Range, Oven, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Built-in Grill, Water Display, Storage, Tennis Court(s), Lighting
  • Waterview: Ocean View
  • Pool: No

Utilities

  • Security: Electric Gate
  • Utilities: Elect Separate Meter, Water Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 2 Less Than 5 Acres
  • Acres: 2.55

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2015
Closed on
May 16, 2016
Sold by
Dietz Domanski Kenneth Jopseph and Dietz Domanski Margaret
Bought by
Sponzili Gaetano Frank and Sponzili Jennifer Ann
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
Key West Luxury Finders
Preferred Properties (KW)
List Price
$1,425,000
Sold Price
$1,400,000
Premium/Discount to List
-$25,000
-1.75%
Current Estimated Value
$2,175,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$775,035
Avg. Annual Appreciation
4.74%
Original Mortgage
$1,120,000
Outstanding Balance
$932,720
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,211,147

Purchase Details

Listed on
Aug 20, 2013
Closed on
Jan 27, 2014
Sold by
Moore Thomas P and Walker Julie A
Bought by
Dietz Domanski Kenneth Joseph and Dietz Domanski Margaret
Seller's Agent
Dawn Thornburgh
Beach Club Brokers (KW)
Buyer's Agent
Douglas Mayberry
Doug Mayberry Real Estate (KW)
List Price
$962,390
Sold Price
$890,000
Premium/Discount to List
-$72,390
-7.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.98%

Purchase Details

Closed on
Oct 1, 2002
Sold by
Alino Christophe
Bought by
Moore Thomas P and Walker Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 1997
Sold by
Zeman Edwin M and Zeman Dorothy M
Bought by
Alino Christophe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 1, 1997
Bought by
Sponzilli Gaetano Frank and Sponzilli Jennifer Ann

Purchase Details

Closed on
May 1, 1988
Bought by
Sponzilli Gaetano Frank and Sponzilli Jennifer Ann

Purchase Details

Closed on
Jul 1, 1987
Bought by
Sponzilli Gaetano Frank and Sponzilli Jennifer Ann
Source: Public Records

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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 $1,400,000 None Available
Warranty Deed $890,000 Attorney
Warranty Deed $750,000 --
Warranty Deed $310,000 --
Warranty Deed $310,000 --
Warranty Deed $253,000 --
Warranty Deed $275,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,120,000 Adjustable Rate Mortgage/ARM
Previous Owner $815,500 Unknown
Previous Owner $600,000 New Conventional
Previous Owner $260,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2016 05/09/16 Sold $1,400,000 -1.8% $914 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
10/28/2015 10/28/15 For Sale $1,425,000 +60.1% $931 / Sq Ft
01/27/2014 01/27/14 Sold $890,000 -7.5% $593 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
08/20/2013 08/20/13 For Sale $962,390 -- $642 / 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 $13,532 $1,729,036 -- $1,729,036
2023 $13,532 $1,716,046 $0 $1,716,046
2022 $11,757 $1,413,307 $0 $1,413,307
2021 $11,147 $1,224,128 $0 $1,224,128
2020 $11,113 $1,224,128 $0 $1,224,128
2019 $11,059 $1,207,088 $0 $1,207,088
2018 $11,286 $1,207,088 $0 $0
2017 $11,267 $1,183,608 $0 $0
2016 $4,725 $485,390 $0 $0
2015 $4,818 $482,016 $0 $0
2014 $8,792 $855,227 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122328

Florida Keys Board of REALTORS®

APN: 00064640-000403