NOT LISTED FOR SALE

1507 Florida St Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,932,000 - $2,128,560

3 Beds
2 Baths
1,768 Sq Ft
$1,166/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2017

Last sale price $1,050,000 $594 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $12,396 / mo

31 Days on Market

Highlights

  • Concrete Pool
  • Granite Countertops
  • No HOA
  • Marble Flooring
  • Outdoor Water Feature
  • Workshop

About This Home

As of June 2017

Classic Florida home redesigned to current style! With numerous architectural upgrades, this home offers all that you're looking for without compromise. The open main living area is host to a true chef's kitchen with a suite of premium stainless steel appliances, custom furniture grade cabinetry, luxurious granite counter tops & a huge dine in island. A divine 26 x 18 master suite features a walk in closet & a sumptuous bath with a shower tower and sit in bathing. Designed by a notable Key West architect, the swimming pool & surrounds are truly exquisite with a striking slate water feature, in water seating & 2 marble decks. A large covered patio extends your living area to the outdoors, from home to pool. Complete privacy is offered . . .

Last Agent to Sell the Property

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 05/22/2017

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 05/22/2017

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,845

Year Built

  • Built in 1963

Lot Details

  • 5,896 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned MDR-1 - Medium Desnity Residential

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • Blinds
  • Casement Windows
  • Sliding Doors
  • Entrance Foyer
  • Workshop
  • Storage
  • Utility Room
  • Marble Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Water Feature
  • Shed

Utilities

  • Central Air
  • Separate Meters
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28

Community Details

Overview

  • No Home Owners Association
  • Key West Investment Co Sub Subdivision
  • Rental Restrictions

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,845

Year Built

Built in 1963

Lot Details

5,896 Sq Ft Lot

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: Yes
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths, Other Area Features, Fire Hydrant
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3844.60
  • Vehicle Storage: Off Street Parking
  • Year Built: 1963
  • Alternate Key Number: 1059897
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 5896.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Bahama
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1768.00
  • Pool Info Other: 6 x 16 slate wall
  • Pool Info Other Surroundings: Tumbled marble
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Smoke Alarms, Walk-in Closet(s), Storage, Pantry, Granite Counter Top, Entrance Foyer, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Wine Cooler, Washer, Stainless Steel Appliance(s), Range, Gas Appliances, Oven, Microwave, Dryer, Disposal
  • Floor: Marble
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: Casement, Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window, Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Stucco, Frame
  • Exterior Features: Fencing, Water Display, Storage, Shed, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Water Separate Meter, Propane, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: No
  • Lot Size: 67 x 88
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 1963

Multi Family

  • Total Units: 1.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Bought by
Current Estimated Value
$2,061,890

Purchase Details

Closed on
Jan 1, 2023
Sold by
Bought by

Purchase Details

Closed on
Jan 3, 2018
Sold by
Bought by

Purchase Details

Listed on
May 22, 2017
Closed on
Jun 27, 2017
Sold by
Bought by
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$1,074,000
Sold Price
$1,050,000
Premium/Discount to List
-$24,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%

Purchase Details

Closed on
Nov 8, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
0.033%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
0.0588%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 12, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- --
-- Attorney
$1,005,000 Attorney
-- Attorney
$785,000 --
$165,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $525,000
Previous Owner $78,500
Previous Owner $628,000
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/27/2017 06/27/17 Sold $1,050,000 -2.2% $594 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $1,074,000 -- $607 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $13,929 $1,624,836 $828,978 $795,858
2024 $9,301 $1,734,749 $941,002 $793,747
2023 $9,301 $1,097,894 $0 $0
2022 $8,905 $1,065,917 $0 $0
2021 $9,134 $1,034,871 $403,286 $631,585
2020 $8,984 $1,020,729 $380,882 $639,847
2019 $8,333 $897,924 $382,061 $515,863
2018 $8,268 $872,101 $349,515 $522,586
2017 $3,733 $403,073 $0 $0
2016 $3,845 $394,783 $0 $0
2015 $3,920 $392,039 $0 $0
2014 $4,032 $388,928 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vic Musmanno

    Seller's Agent in 2017

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    32 in this area

    100 Total Sales

    Vic Musmanno
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 575662

Florida Keys Board of REALTORS®

APN: 00059430-000000

Florida Monroe County Key West 33040 Mid Town

1507 Florida St, Key West, FL

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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