NOT LISTED FOR SALE

Key West Beach Club 1500 Atlantic Blvd Unit 406 Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,849,000 - $3,892,768

3 Beds
3 Baths
2,400 Sq Ft
$1,424/mo HOA Fee

Last Sold February 01, 2021

Last sale price $2,925,000 $1,219 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $20,987/month

143 Days on Market

Highlights

  • Ocean Front
  • Concrete Pool
  • Cathedral Ceiling
  • Beach
  • Clubhouse
  • 4-minute walk to Key West Nature Preserve

About This Home

As of February 2021

Unquestionably the most beautiful luxury condominium in Key West. Upon purchasing the penthouse the current owners demolished the interior to a concrete shell and have completely reconstructed the home to perfection. A glass walled formal entry opens into to a jaw dropping entertaining space with gourmet kitchen equipped with Viking stainless steel appliances, stone countertops and custom-made cabinetry. The focal point is the work-of-art center island with its stunning glass countertop. The two-story living area has two seating areas and is finished with custom cabinetry and a wall of 10 ft. sliding glass doors providing optimum views of the Atlantic Ocean. The main level master suite has a coffered ceiling, wall of sliding glass doors offering full ocean views, gorgeous bath

Last Agent to Sell the Property

Roger Emmons

Truman & Co. (KW) License #608452 Listed on: 06/29/2020

Co-Listed By

Kenneth Edwards

Truman & Co. (KW) License #608312

Last Buyer's Agent

Dawn Thornburgh

Beach Club Brokers (KW) License #411773

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,694

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • Fenced

HOA Fees

  • $1,424 Monthly HOA Fees

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Electric Gate
  • Guest Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Outdoor Kitchen
  • Lanai
  • Exterior Lighting
  • Outdoor Storage
  • Attached Grill

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00064640-000429

Community Details

Overview

  • Association fees include bldg exterior mnt, security, common area mnt, cable, building insurance
  • 58 Units
  • Key West Beach Club 2 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Beach

Pet Policy

  • Pet Restriction: YES

Security

  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,694

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$1,424 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 4273.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt, Cable, Building Insurance
  • 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
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Clubhouse, Community Pool
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 11693.57
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Covered Parking, Guest Parking, Garage
  • Vehicle Storage Cars: 1
  • Year Built: 1986
  • Alternate Key Number: 8709595
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 2400.00
  • Pre Wired: Cable, Surround Sound
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Smoke Alarms, Walk-in Closet(s), Storage, Split Bedroom, Granite Counter Top, Cathedral Ceilings, Entrance Foyer, Elevator, Drapes/Blinds Incl
  • Floor Number: 4.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Trash Compactor, Wine Cooler, Washer, Oven, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, More Appliances, Ice Machine, Dryer, Disposal
  • Floor: Carpet, Tile
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Other, Concrete
  • Exterior Features: Bar, Storage, Tennis Court(s), Outdoor Kitchen, Outdoor Shower, Lanai, Lighting, Fencing, Built-in Grill
  • Roof: Other Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Cable Available, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE,VE,VE,VE,VE
  • Parcel Number: 00064640-000429
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 58.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Babinec Family Trust
Bought by
Martin Babinec 2021 Real Estate Trust
Current Estimated Value
$3,187,442

Purchase Details

Listed on
Jun 29, 2020
Closed on
Feb 1, 2021
Sold by
Muehlhauser William L and Muehlhauser Paula K
Bought by
Babinec Martin and Babinec Krista
Seller's Agent
Roger Emmons
Truman & Co. (KW)
Buyer's Agent
Dawn Thornburgh
Beach Club Brokers (KW)
List Price
$3,100,000
Sold Price
$2,925,000
Premium/Discount to List
-$175,000
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.71%

Purchase Details

Listed on
Jan 15, 2012
Closed on
Apr 25, 2013
Sold by
Pentz Francesca
Bought by
Muehlhauser William L and Muehlhauser Paula K
Seller's Agent
Roger Emmons
Truman & Co. (KW)
Buyer's Agent
Roger Emmons
Truman & Co. (KW)
List Price
$1,700,000
Sold Price
$1,400,000
Premium/Discount to List
-$300,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%
Original Mortgage
$400,000
Interest Rate
3.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 1, 1992
Bought by
Muehlhauser William L and Muehlhauser Paula K

Purchase Details

Closed on
Dec 1, 1987
Bought by
Muehlhauser William L and Muehlhauser Paula K
Source: Public Records

Range of Values:

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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
Martin Babinec 2021 Real Estate Trust -- Spottswood Spottswood Spottswo
Babinec Martin $2,925,000 Attorney
Muehlhauser William L $1,400,000 Attorney
Muehlhauser William L $417,500 --
Muehlhauser William L $261,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muehlhauser William L $400,000
Previous Owner Pentz George J $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $2,925,000 -5.6% $1,219 / Sq Ft
06/29/2020 06/29/20 For Sale $3,100,000 +121.4% $1,292 / Sq Ft
04/25/2013 04/25/13 Sold $1,400,000 -17.6% $673 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
01/15/2012 01/15/12 For Sale $1,700,000 -- $818 / 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 $23,513 $2,983,065 -- $2,983,065
2023 $23,513 $2,961,694 $0 $2,961,694
2022 $20,307 $2,406,552 $0 $2,406,552
2021 $12,059 $1,368,883 $0 $1,368,883
2020 $11,860 $1,349,984 $0 $1,349,984
2019 $11,694 $1,319,633 $0 $1,319,633
2018 $11,712 $1,295,028 $0 $0
2017 $11,670 $1,268,392 $0 $0
2016 $12,080 $1,242,304 $0 $0
2015 $13,227 $1,284,066 $0 $0
2014 $13,062 $1,216,397 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roger Emmons

    Seller's Agent in 2021

    Roger Emmons

    Truman & Co. (KW)

    (305) 304-7446

    25 in this area

    89 Total Sales

    Roger Emmons
    Section Image

  • K

    Seller Co-Listing Agent in 2021

    Kenneth Edwards

    Truman & Co. (KW)

  • Dawn Thornburgh

    Buyer's Agent in 2021

    Dawn Thornburgh

    Beach Club Brokers (KW)

    (305) 304-1067

    14 in this area

    36 Total Sales

    Dawn Thornburgh
    Section Image
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About Key West Beach Club

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591466

Florida Keys Board of REALTORS®

APN: 00064640-000429

Florida Monroe County Key West 33040 Mid Town

1500 Atlantic Blvd Unit 406, Key West, FL

This home is located at 1500 Atlantic Blvd Unit 406, Key West, FL 33040 since 29 June 2020 and is currently estimated at $3,187,442, approximately $1,328 per square foot. This property was built in 1986. 1500 Atlantic Blvd Unit 406 is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

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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