NOT LISTED FOR SALE

1616 Atlantic Blvd Unit 5 Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,598,000 - $1,732,000

2 Beds
3 Baths
2,292 Sq Ft
$724/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $1,700,000 $742 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,262/month

279 Days on Market

About This Home

As of February 2024

Rare Luxury Oceanfront Townhome in an Elegant Gated Community with a Mediterranean Flair! Interior just painted! Enjoy Ultimate Privacy & Security in this gorgeous 2 bed 2 1/2 bath, 2,292 SFT townhome at CASA CASELLES. This townhome sits on the largest lot (2,577 SFT) in this premiere community of 20 individually owned townhomes nestled between two nature preserves located directly on the Atlantic Ocean. Featuring 2 suites with vaulted ceilings & elegant balconies with gorgeous ocean views. The primary suite has a large walk-in-closet off the bathroom. The gourmet kitchen features custom cherry wood cabinetry with separate refrigerator and freezer drawers to maximize space. This townhome is truly unique from the others in the complex as it is the only townhome with a spacious covered private balcony and a sunning deck that wraps around the second floor. The covered private balcony flows effortlessly from the living area making it an extended indoor-outdoor entertainers dream for the ultimate Florida Keys Lifestyle. The courtyard entrance greets you with 2 covered private parking spaces. 3rd open parking space alongside the home. Wrought iron gates lead you into a huge private courtyard oasis that wraps around the side of the home where you can enjoy the lush tropical landscaping & tropical breezes. A staircase connects the back courtyard to the wrap around deck on the 1st level. Casa Caselles was built in 1980 & all townhomes are appointed with beautiful terra cotta tile roofs to accentuate the Spanish-style architecture. The oceanfront heated saltwater swimming pool takes the center stage overlooking the sparkling blue water where you can take a dip any time of the day or night. Relax and sip a cocktail poolside while savoring the endless ocean views during the day or be dazzled by star gazing at night. All townhomes are Owner Occupied & a strictly enforced ''No Rental'' policy ensures residents ultimate privacy with a strong sense of community. Oceanfront Living

Last Agent to Sell the Property

Lisa Swanson

Berkshire Hathaway HomeServices Knight & Gardner Realty License #BK3226537 Listed on: 04/11/2023

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Mabry Binnicker

Preferred Properties (KW) License #635040

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,029

Year Built

1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: No
  • Association Fee: 700.00
  • Mandatory HOA: Yes
  • Document Count: 5
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Bike Paths, Beach
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5768.82
  • Title: Negotiable
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking, Guest Parking, Open Parking
  • Year Built: 1980
  • Alternate Key Number: 8565259
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 2577.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio, Deck
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2292.00
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Walk-in Closet(s), Smoke Alarms, Granite Counter Top, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Utility Room
  • Windows/Doors: Other Windows/Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Stucco, Concrete
  • Exterior Features: Privacy Wall/Fence, Storage, Sandy Beach
  • Roof: Tile Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Other
  • Utilities: FKAA, Elect Separate Meter, Cable Available, Municipal Sewer
  • Heating: Central, Propane

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE
  • Parcel Number: 00064640-000105
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: No
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
Feb 14, 2024
Sold by
Bellefleur Sheila J
Bought by
Waters Leo and Walker Helen
Seller's Agent
Lisa Swanson
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Mabry Binnicker
Preferred Properties (KW)
List Price
$1,995,000
Sold Price
$1,700,000
Premium/Discount to List
-$295,000
-14.79%
Views
355
Current Estimated Value
$1,658,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,380
Avg. Annual Appreciation
-1.52%

Purchase Details

Closed on
Feb 10, 2017
Sold by
Bellefleur Sheila Janice
Bought by
Bellefleur Sheila Janice and Sheila Janice Bellefleur Trust

Purchase Details

Closed on
Jun 24, 2014
Sold by
Hovermale Ken and Bellefleur Sheila J
Bought by
Bellefleur Sheila J

Purchase Details

Closed on
Jul 31, 2007
Sold by
Stapleton Blanche M
Bought by
Brewer Lloyd P

Purchase Details

Closed on
Apr 29, 2004
Sold by
Dalbey R Thomas and Dalbey Joan W
Bought by
Hovermale Ken and Bellefleur Sheila J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2003
Sold by
Dalbey R Thomas and R Thomas Dalbey Revocable Trus
Bought by
Dalbey R Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 1999
Sold by
Dalbey R Thomas
Bought by
Dalbey R T

Purchase Details

Closed on
Jan 1, 1991
Bought by
Bellefleur Shelia J

Purchase Details

Closed on
Mar 1, 1989
Bought by
Bellefleur Shelia J

Purchase Details

Closed on
Jun 1, 1980
Bought by
Bellefleur Shelia J
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
Waters Leo $1,700,000 None Listed On Document
Bellefleur Sheila Janice -- Attorney
Bellefleur Sheila J -- Attorney
Brewer Lloyd P $589,900 Attorney
Hovermale Ken $897,500 --
Dalbey R Thomas -- --
Dalbey R T $100 --
Bellefleur Shelia J $275,000 --
Bellefleur Shelia J $255,000 --
Bellefleur Shelia J $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hovermale Ken $600,000
Previous Owner Dalbey R Thomas $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $1,700,000 -10.3% $742 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
12/11/2023 12/11/23 Price Changed $1,895,000 -3.8% $827 / Sq Ft
10/23/2023 10/23/23 Price Changed $1,969,000 -1.3% $859 / Sq Ft
04/11/2023 04/11/23 For Sale $1,995,000 -- $870 / Sq Ft
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 $6,029 $757,263 -- --
2023 $6,029 $735,207 $0 $0
2022 $5,769 $713,794 $0 $0
2021 $5,903 $693,004 $0 $0
2020 $5,805 $683,436 $0 $0
2019 $5,713 $668,071 $0 $0
2018 $0 $655,615 $0 $0
2017 $0 $642,131 $0 $0
2016 $6,120 $628,924 $0 $0
2015 -- $624,552 $0 $0
2014 -- $517,519 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 604906

Key West Association of REALTORS®

APN: 00064640-000105