NOT LISTED FOR SALE

1611 Venetian Dr Unit 101 Key West, FL 33040

New Town Neighborhood

Estimated Value: $1,045,008 - $1,410,000

4 Beds
3 Baths
1,486 Sq Ft
$807/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $691,827 $466 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,795/month

112 Days on Market

Highlights

  • Boat Lift
  • No HOA
  • Central Air
  • Home fronts a canal
  • Tile Flooring
  • Seawall

About This Home

As of August 2020

Well maintained legal duplex in Key West on Riviera canal with an easy boating access to both the Atlantic Ocean and the Gulf of Mexico! Front unit offers 3bed/2bath, full kitchen, living room and screened porch overlooking the water. Rear unit offers 1bed/1bath, full kitchen and separate entrance. Fully fenced yard, brand new AC unit.Make it your forever home or use it as a rental property, or live in one unit and rent the other! This home offers many options.

Last Agent to Sell the Property

Kristina Antonova

eXp Realty LLC KW Branch License #3414428 Listed on: 03/18/2020

Last Buyer's Agent

Sabrina Acevedo

Doug Mayberry Real Estate (KW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,574

Year Built

  • Built in 1972

Lot Details

  • 5,600 Sq Ft Lot
  • Home fronts a canal

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 1,486 Sq Ft Home
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Boat Lift

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00070760-000000

Community Details

Overview

  • No Home Owners Association
  • Riviera Shr Amd Plat Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,574

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock Length: 56
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Ocean
  • State Province: FL
  • Taxes: 4573.59
  • Vehicle Storage: Off Street Parking
  • Year Built: 1972
  • Alternate Key Number: 1074594
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5600.00
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1486.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Microwave, Dryer
  • Floor: Tile
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00070760-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
Aug 25, 2020
Sold by
Miller Don C
Bought by
Acevedo Randall Wade and Acevedo Amber Archer
Seller's Agent
Kristina Antonova
eXp Realty LLC KW Branch
Buyer's Agent
Sabrina Acevedo
Doug Mayberry Real Estate (KW)
List Price
$699,000
Sold Price
$691,828
Premium/Discount to List
-$7,172
-1.03%
Current Estimated Value
$1,198,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,924
Avg. Annual Appreciation
11.95%
Original Mortgage
$672,589
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 18, 2020
Closed on
Aug 6, 2020
Sold by
Miller Don C
Bought by
Acevedo Randall Wade and Acevedo Amber Archer
Seller's Agent
Kristina Antonova
eXp Realty LLC KW Branch
Buyer's Agent
Sabrina Acevedo
Doug Mayberry Real Estate (KW)
List Price
$699,000
Sold Price
$691,828
Premium/Discount to List
-$7,172
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,589
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2007
Sold by
Callaway Mary M
Bought by
Miller Don C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 1987
Bought by
Miller Don C

Purchase Details

Closed on
Dec 1, 1985
Bought by
Miller Don C

Purchase Details

Closed on
Jan 1, 1980
Bought by
Miller Don C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Acevedo Randall Wade $691,827 Attorney
Acevedo Randall Wade $691,827 Oropeza Stones Cardenas Pllc
Miller Don C $500,000 None Available
Miller Don C $127,500 --
Miller Don C $89,000 --
Miller Don C $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acevedo Randall Wade $672,589
Closed Acevedo Randall Wade $672,589
Previous Owner Miller Don C $399,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $691,828 -1.0% $466 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $699,000 -- $470 / 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 $5,569 $613,602 -- --
2023 $5,569 $595,731 $0 $0
2022 $5,328 $578,380 $0 $0
2021 $5,417 $561,534 $301,308 $260,226
2020 $4,572 $426,926 $234,192 $192,734
2019 $4,574 $423,935 $228,480 $195,455
2018 $4,502 $408,593 $214,200 $194,393
2017 $4,515 $402,746 $0 $0
2016 $4,504 $379,711 $0 $0
2015 $4,606 $377,521 $0 $0
2014 $4,472 $346,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590392

Florida Keys Board of REALTORS®

APN: 00070760-000000