NOT LISTED FOR SALE

Key West Beach Club 1500 Atlantic Blvd Unit 415 Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,738,000 - $2,307,000

3 Beds
2 Baths
2,012 Sq Ft
$1,424/mo HOA Fee

Last Sold October 06, 2020

Last sale price $1,450,000 $721 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $13,683/month

214 Days on Market

Highlights

  • Ocean Front
  • Cathedral Ceiling
  • Gazebo
  • Concrete Pool
  • Outdoor Kitchen
  • 4-minute walk to Key West Nature Preserve

About This Home

As of October 2020

Beachfront and sky adjacent, this fabulous penthouse is in the PREMIERE location...an end unit is a rare offering & is in the most private spot at Key West Beach Club with no neighbors on one side or above you. Enjoy spectacular wraparound ocean views in this two level unit with 15ft vaulted ceilings & floor to ceiling impact glass walls overlooking the Atlantic ocean. Totaling 3BD/2BA, it has 2BD/1BA on the main level and a 1BD/1BA suite upstairs. Relax on 345sf ocean front covered balcony space listening to the sounds of surf. Built to entertain, this special unit has a dedicated bar and huge, full width, living & dining room. There is room to expand the unit with its gated entry, covered parking with a storage unit for bikes, paddle boards & toys. Beach Club offers onsite exercise

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 02/26/2020

Co-Listed By

Team Spottswood/Vazquez

Truman & Co. (KW) Brokerage Phone: 305-587-3407

Last Buyer's Agent

Behmke The

Compass Realty (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,137

Year Built

  • Built in 1986

Lot Details

HOA Fees

  • $1,424 Monthly HOA Fees

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,012 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Storage
  • Tile Flooring

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Electric Gate

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

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

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00064640-000438

Community Details

Overview

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

Pet Policy

  • Pet Restriction: YES

Security

  • Complete Accordion Shutters
  • Impact Glass

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,137

Year Built

Built in 1986

Lot Details

0

HOA Fees

$1,424 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Fee: 4273.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt, Building Insurance
  • 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
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 9137.17
  • Vehicle Storage: Garage
  • Year Built: 1986
  • Alternate Key Number: 8709765
  • 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: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 2012.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Cathedral Ceilings, Storage, Wet Bar, Elevator
  • Floor Number: 4.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Microwave, Dryer, Disposal
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Sq Ft Remarks: Buyer To Verify

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: Concrete, Other
  • Exterior Features: Built-in Grill, Storage, Tennis Court(s), Outdoor Kitchen, Gazebo, Lighting
  • Roof: Combo Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, FKAA, Municipal Sewer, Cable Available

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE,VE,VE,VE,VE
  • Parcel Number: 00064640-000438
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Oct 6, 2020
Sold by
Smith Sue B
Bought by
Behmke Michael R and Behmke Megan K
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Behmke The
Compass Realty (KW)
List Price
$1,950,000
Sold Price
$1,450,000
Premium/Discount to List
-$500,000
-25.64%
Current Estimated Value
$2,091,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,492
Avg. Annual Appreciation
9.53%
Original Mortgage
$1,160,000
Outstanding Balance
$1,040,737
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,199,863

Purchase Details

Closed on
Mar 26, 2010
Sold by
Gensheimer Gregory G and Gensheimer Kathleen F
Bought by
Smith Sue B

Purchase Details

Closed on
Sep 3, 1996
Sold by
Bumpus Frank T and Petrocelli Lucio
Bought by
Gensheimer Gregory G and Gensheimer Kathleen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1990
Bought by
Smith Sue B

Purchase Details

Closed on
Nov 1, 1987
Bought by
Smith Sue B
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
Behmke Michael R $1,450,000 Richard M Klitenick Pa
Smith Sue B $1,800,000 None Available
Gensheimer Gregory G $375,000 --
Smith Sue B $400,000 --
Smith Sue B $309,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Behmke Michael R $1,160,000
Previous Owner Buildingllc Vfg $6,304,000
Previous Owner Gensheimer Gregory G $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $1,450,000 -25.6% $721 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $1,950,000 -- $969 / 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 $8,499 $1,031,940 -- --
2023 $8,499 $1,001,884 $0 $0
2022 $8,136 $972,703 $0 $0
2021 $8,342 $944,372 $0 $944,372
2020 $15,103 $1,680,934 $0 $1,680,934
2019 $9,137 $1,029,622 $0 $1,029,622
2018 $9,148 $1,010,424 $0 $0
2017 $9,113 $989,642 $0 $0
2016 $9,427 $969,287 $0 $0
2015 $9,610 $962,549 $0 $0
2014 $9,915 $954,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Spottswood

    Seller's Agent in 2020

    Terri Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    47 in this area

    344 Total Sales

    Terri Spottswood
    Section Image
  • Team Spottswood/Vazquez

    Seller Co-Listing Agent in 2020

    Team Spottswood/Vazquez

    Truman & Co. (KW)

    (305) 395-1777

    48 in this area

    346 Total Sales

    Team Spottswood/Vazquez
    Section Image

  • B

    Buyer's Agent in 2020

    Behmke The

    Compass Realty (KW)

  • The Behmke Group

    Buyer's Agent in 2020

    The Behmke Group

    Keller Williams Key West Compass Realty

    (305) 304-0998

    15 in this area

    161 Total Sales

    The Behmke Group
    Section Image
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About Key West Beach Club

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589997

Florida Keys Board of REALTORS®

APN: 00064640-000438

Florida Monroe County Key West 33040 Mid Town

1500 Atlantic Blvd Unit 415, Key West, FL

This home is located at 1500 Atlantic Blvd Unit 415, Key West, FL 33040 since 26 February 2020 and is currently estimated at $2,091,492, approximately $1,039 per square foot. This property was built in 1986. 1500 Atlantic Blvd Unit 415 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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