NOT LISTED FOR SALE

1501 South St Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $2,743,950 - $3,480,000

5 Beds
5 Baths
2,950 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $3,250,000 $1,102 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $17,470/month

111 Days on Market

About This Home

As of May 2024

The pinnacle of luxury can be found at 1501 South Street! This five-bedroom/five-bathroom home is brand new category 5 rated construction and comes complete with impact windows and doors, a whole home generator, Hardie board siding, lush new landscaping, and a brick-paved driveway with electric gate. This home combines exquisite architectural elements, island sophistication and meticulous attention to detail. Enjoy morning coffee on the beautiful front porch. Enter the home via its spacious foyer and you will find a guest bedroom/office on your left and a first-floor primary bedroom on your right. This primary bedroom is flooded in natural light, includes a walk-in closet and ensuite marble bathroom with a double vanity. Moving into the heart of the home is an expansive open concept great room that includes a dining room, living room, and kitchen. The designer kitchen is equipped with new professional series Viking appliances, and shaker style, double-stacked cabinets adorned with brushed gold fixtures. A waterfall island with striking navy-blue cabinets, white Carrara quartz countertop, and built-in wine cooler provide the perfect backdrop for entertaining. The entire back wall of this space incorporates panoramic glass doors that can be fully opened and lead out onto the backyard, featuring a 10'x20' heated/chilled pool with waterfall, and sun deck. Upstairs is an additional luxurious primary ensuite bedroom with an attached home gym and walk-in closet. The bath has marble tile, a double shower, a separate water closet, and a standalone soaking tub. French doors lead out onto the balcony overlooking the front of the property. Down the hall are two additional ensuite guest bedrooms, each featuring Juliet balconies that overlook the backyard, and let the island breezes in. Conveniently located just a short walk to the beaches, tennis courts and Bayview Park, don't miss this opportunity to own this newly constructed home that is both above flood and hurricane rated.

Last Agent to Sell the Property

Brenda Donnelly

Brenda Donnelly Real Estate LLC License #3037635 Listed on: 01/04/2024

Last Buyer's Agent

Derek Epperly

Keys Atlantic Realty License #3313232

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,608

Year Built

2023

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
  • 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: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 6607.95
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 2023
  • Alternate Key Number: 9104776
  • Building Style: A-Frame
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 4699.00
  • Pool Info: In Ground, Decked, Salt Water
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2950.00
  • Pre Wired: Cable
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Quartz Countertops, Walk-in Closet(s), Smoke Alarms
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Gas Appliances, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Specialty Rooms: Gym, Utility Room, Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Hardi Board Siding
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Whole House Generatr, Propane

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00043380-000100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
May 6, 2024
Sold by
Sunshine Realty Key West Llc
Bought by
Glenda Uvanni Revocable Trust and Uvanni
Seller's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
Buyer's Agent
Derek Epperly
Keys Atlantic Realty
List Price
$4,599,500
Sold Price
$3,250,000
Premium/Discount to List
-$1,349,500
-29.34%
Views
225
Current Estimated Value
$3,111,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$138,762
Avg. Annual Appreciation
-3.23%
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
Glenda Uvanni Revocable Trust $3,250,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $3,250,000 -4.4% $1,102 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/20/2024 04/20/24 Price Changed $3,399,500 -5.6% $1,152 / Sq Ft
02/21/2024 02/21/24 Price Changed $3,600,000 -10.0% $1,220 / Sq Ft
01/22/2024 01/22/24 Price Changed $3,999,000 -13.1% $1,356 / Sq Ft
01/04/2024 01/04/24 For Sale $4,599,500 +362.3% $1,559 / Sq Ft
07/11/2022 07/11/22 Sold $995,000 -0.4% --
03/04/2022 03/04/22 Price Changed $999,000 -16.4% --
01/11/2022 01/11/22 For Sale $1,195,000 -- --
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 $6,608 $1,473,842 $805,135 $668,707
2023 $6,608 $734,446 $734,446 $0
2022 $4,772 $524,058 $522,379 $1,679
Source: Public Records

Agents Affiliated with this Home

  • Brenda Donnelly

    Seller's Agent in 2024

    Brenda Donnelly

    Brenda Donnelly Real Estate LLC

    (305) 304-1116

    36 in this area

    174 Total Sales

    Brenda Donnelly
    Section Image
  • Derek Epperly

    Buyer's Agent in 2024

    Derek Epperly

    Keys Atlantic Realty

    (305) 923-4833

    13 in this area

    49 Total Sales

    Derek Epperly
    Section Image

  • D

    Buyer's Agent in 2024

    Derek Epperly, PA

    Berkshire Hathaway HomeServices Knight & Gardner Realty

  • S

    Seller's Agent in 2022

    Suzanne Moore

    Truman & Co. (KW)

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 608029

Key West Association of REALTORS®

APN: 00043380-000100

Florida Monroe County Key West 33040 Mid Town

1501 South St, Key West, FL

This home is located at 1501 South St, Key West, FL 33040 since 04 January 2024 and is currently estimated at $3,111,238, approximately $1,054 per square foot. This property was built in 2023. 1501 South St 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.

Key West Association 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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