$1,450,000
SOLD JUL 1, 2013
3 Beds
3 Baths
2,156 Sq Ft
2.55 Acres

Recently Sold

$673 Per Sq Ft

18% Below List Price

229 Days on Market

Highlights

  • Ocean Front
  • Building Security
  • 2.55 Acre Lot
  • Beach
  • Concrete Pool
  • 4-minute walk to Key West Nature Preserve

About This Home

As of May 2021

Located on the Ocean, in one of Key Wests most outstanding gated communities, is this recently renovated two story penthouse with 3 bathrooms and 3 bedrooms, marble and wood floors with soaring ceilings and breathtaking water views. As you enter the long foyer, to the left are French doors leading to the breakfast/office area and kitchen. To the right is a wonderful guest room with floor to ceiling built-ins for storage. The Living/dining area are accented by a Cherry Wood built-in floor to ceiling entertainment center. On the top level is a bright and cheerful bedroom/bath/living area. One of the most outstanding features of this unit is the massive balcony for outdoor living. 2 heated community pools, tennis court and covered parking.

Last Agent to Sell the Property

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 11/10/2012

Co-Listed By

Jeffrey Grosky

Preferred Properties (KW) License #3271707

Last Buyer's Agent

Andrea Weitz

Prudential Knight Keyside Pro

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,527

Year Built

  • Built in 1987

Lot Details

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,156 Sq Ft Home
  • 4-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Entrance Foyer

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Electric Gate

Outdoor Features

  • Concrete Pool
  • Lanai

Utilities

  • Central Air
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Lobby

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Security

  • Building Security
  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,527

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: No
  • Association Fee: 1033.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Other, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Other Area Features, Manager on Premises
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 8526.56
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Garage
  • Vehicle Storage Cars: 1
  • Year Built: 1987
  • Alternate Key Number: 8709731
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 111071.00
  • Pool Info: Concrete
  • Pool Info Heated: Yes
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 2156.00
  • Pre Wired: Cable
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Built-in Cabinets, Split Bedroom, Walk-in Closet(s), Lobby, Entrance Foyer, Elevator, Drapes/Blinds Incl, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Microwave, Washer, Refrigerator, Range, Oven, Freezer, Dryer, Disposal
  • Floor: Marble, Wood
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Concrete
  • Exterior Features: Lanai
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Secured Building
  • Utilities: FKAA

Lot Info

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

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2024
Sold by
Blake Stephen Paul and Blake Margaret Rice
Bought by
Stephen Blake Revocable Trust and Blake
Current Estimated Value
$2,600,147

Purchase Details

Listed on
Feb 3, 2021
Closed on
May 5, 2021
Sold by
Babinec Martin David and Babinec Krista Ann
Bought by
Blake Stephen Paul and Blake Margaret Rice
Seller's Agent
Dawn Thornburgh
Beach Club Brokers (KW)
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$2,200,000
Sold Price
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$1,500,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 6, 2017
Closed on
Jun 13, 2018
Sold by
Ann Sutherland Elizabeth
Bought by
Babinec Family Trust
Seller's Agent
Andrea Weitz
Century 21 Schwartz Realty (KW)
Buyer's Agent
Dawn Thornburgh
Beach Club Brokers (KW)
List Price
$2,299,999
Sold Price
$2,100,000
Premium/Discount to List
-$199,999
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%

Purchase Details

Listed on
Dec 6, 2017
Closed on
Jun 8, 2018
Sold by
Ann Sutherland Elizabeth
Bought by
Babinec Family Trust and Babinec Krista Ann
Seller's Agent
Andrea Weitz
Century 21 Schwartz Realty (KW)
Buyer's Agent
Dawn Thornburgh
Beach Club Brokers (KW)
List Price
$2,299,999
Sold Price
$2,100,000
Premium/Discount to List
-$199,999
-8.7%

Purchase Details

Listed on
Nov 10, 2012
Closed on
Jun 28, 2013
Sold by
Schnepf John E and Schnepf Cherry E
Bought by
Sutherland Robert Wilson and Sutherland Elizabeth Ann
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
Andrea Weitz
Prudential Knight Keyside Pro
List Price
$1,769,000
Sold Price
$1,450,000
Premium/Discount to List
-$319,000
-18.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%

Purchase Details

Closed on
Nov 19, 2009
Bought by
Sutherland Robert Wilson and Sutherland Elizabeth Ann

Purchase Details

Closed on
Sep 15, 2009
Sold by
Potter Mary Sue and Mary Sue Potter Qualified Pers
Bought by
Schnepf Cherry E and Schnepf John E

Purchase Details

Closed on
Apr 1, 2003
Bought by
Sutherland Robert Wilson and Sutherland Elizabeth Ann

Purchase Details

Closed on
Jun 1, 1996
Bought by
Sutherland Robert Wilson and Sutherland Elizabeth Ann

Purchase Details

Closed on
Aug 14, 1993
Sold by
Ozment Kerry and Ozment Linda M
Bought by
Ozment Kerry

Purchase Details

Closed on
May 28, 1993
Sold by
Silvin Richard Rene and Mann Robert D
Bought by
Ozment Kerry and Ozment Linda M

Purchase Details

Closed on
May 1, 1988
Bought by
Sutherland Robert Wilson and Sutherland Elizabeth 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 -- None Listed On Document
Warranty Deed $2,200,000 Attorney
Warranty Deed $2,100,000 First International Title
Warranty Deed $2,100,000 First International Title
Warranty Deed $1,450,000 Attorney
Quit Claim Deed $100 --
Warranty Deed $1,550,000 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $1,215,000 --
Warranty Deed $400,000 --
Warranty Deed -- --
Warranty Deed $385,000 --
Warranty Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $2,200,000 0.0% $1,079 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $2,200,000 +4.8% $1,079 / Sq Ft
06/08/2018 06/08/18 Sold $2,100,000 -8.7% $869 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
12/06/2017 12/06/17 For Sale $2,299,999 +58.6% $952 / Sq Ft
07/01/2013 07/01/13 Sold $1,450,000 -18.0% $673 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
11/10/2012 11/10/12 For Sale $1,769,000 -- $821 / 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 $18,610 $2,347,473 -- $2,347,473
2023 $18,610 $2,330,672 $0 $2,330,672
2022 $16,086 $1,895,084 $0 $1,895,084
2021 $16,592 $1,845,926 $0 $1,845,926
2020 $16,544 $1,845,926 $0 $1,845,926
2019 $15,901 $1,756,461 $0 $1,756,461
2018 $13,570 $1,756,461 $0 $0
2017 $12,519 $1,583,780 $0 $0
2016 $10,724 $1,061,755 $0 $0
2015 $13,946 $1,357,941 $0 $0
2014 $13,225 $1,232,116 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 117205

Florida Keys Board of REALTORS®

APN: 00064640-000436