$1,250,000
SOLD APR 27, 2026

1616 Atlantic Blvd Unit 5 Key West, FL 33040

Mid Town Neighborhood
2 Beds
2.5 Baths
2,292 Sq Ft
2,577 Sq Ft Lot

Sale Details

Date Sold: April 27, 2026

$545 Per Sq Ft

11% Below List Price

164 Days on Market

Highlights

  • Ocean Front
  • Granite Countertops
  • Bar
  • Lanai
  • Stainless Steel Appliances
  • 2-minute walk to Key West Nature Preserve

About This Home

As of April 2026

Rare Luxurious Atlantic Oceanfront Concrete 3 story home. 2 Bedrooms 2 1/2 bathrooms located in a private gated community. Ocean views from your balconies. This exquisite home has stainless steel appliances, custom cabinetry, vaulted ceilings, tiled carport, oversized well-manicured, private back yard. Huge storage room with built in shelving. This rare unit has the largest backyard in the community and an extra private parking space. These are just a few of the amenities this lavish fortress offers. Casa Caselles is located directly on the Atlantic Ocean between 2 nature preserves with a quaint Mediterranean feel and offers a front row seat to breathtaking sunrises and wildlife. The pool is beachside and allows its owners VIP seating for star gazing, fireworks and watersports. This 20 home complex is owner occupied only. No rentals are allowed. Schedule your private showing now. No rentals allowed. Owner financing is available.

Last Agent to Sell the Property

Richard Lively

Coldwell Banker Schmitt Real Estate Co. (KW) License #3025597 Listed on: 11/01/2025

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Richard Lively

Coldwell Banker Schmitt Real Estate Co. (KW) License #3025597 Listed on: 11/01/2025

Coldwell Banker Schmitt Real Estate Co. (KW)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,139

Year Built

  • Built in 1980

Lot Details

  • 2,577 Sq Ft Lot
  • Ocean Front

HOA Fees

  • $700 per month

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,292 Sq Ft Home
  • 3-Story Property
  • Bar
  • Sliding Doors
  • Storage
  • Ocean Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Carport
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Lanai
  • Exterior Lighting

Utilities

  • Central Air
  • Separate Meters
  • Cable TV Available

Community Details

  • Casa Caselles Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00064640-000105

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,139

Year Built

Built in 1980

Lot Details

2,577 Sq Ft Lot

HOA Fees

$700 per month

Listing Details

  • Property Type: Residential
  • Vehicle Storage Cars: 3
  • Year Built: 1980
  • Building Style Above Flood: No
  • Property Sub Type: Townhouse
  • LotSizeAcres: 0.06
  • Co List Office Mls Id: 20078670
  • Co List Office Phone: 305-296-7727
  • Subdivision Name: Casa Caselles (2.0)
  • Dockage: None
  • Vehicle Storage: Carport, Assigned Parking, Guest Parking, Off Street Parking, Covered Parking
  • Waterview: Ocean View
  • Building Style: Stories: 3 Stories
  • Financial Status: Bank Owned: No
  • Financial Status: Potential Short Sale: No
  • Pre-Wired: Cable
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Cabinets, Granite Counter Top, Storage, Walk-in Closet(s), Bar
  • Appliances: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Disposal, Gas Appliances, Stainless Steel Appliance(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Features: Split Bedroom, Built-in Cabinets, Granite Counter Top, Storage, Walk-in Closet(s), Bar
  • WindowsDoors: Sliding Glass Doors

Exterior Features

  • Waterfront: Yes
  • Exterior Features: Lighting, Lanai
  • Construction Type: CBS, Concrete
  • General Property Description: Waterfront: Yes
  • Waterfront: Oceanfront
  • Roof: Tile Roof

Utilities

  • Utilities: Elect Separate Meter
  • Cooling: Central Air
  • Utilities: FKAA, Municipal Sewer, Elect Separate Meter

Lot Info

  • Parcel Number: 00064640-000105
  • Lot Size Sq Ft: 2577.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6139.37

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

Listed on
Nov 1, 2025
Closed on
Apr 27, 2026
Sold by
Bought by
Seller's Agent
Richard Lively
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Richard Lively
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$1,399,000
Sold Price
$1,250,000
Premium/Discount to List
-$149,000
-10.65%
Views
93

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.29%
Original Mortgage
$18,844
Outstanding Balance
$17,884
Interest Rate
6%
Mortgage Type
Seller Take Back
Estimated Equity
$1,343,280

Purchase Details

Listed on
Apr 11, 2023
Closed on
Feb 14, 2024
Sold by
Bought by
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
350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.04%

Purchase Details

Closed on
Feb 10, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 29, 2004
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
$600,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2003
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
$396,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 1999
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 1991
Bought by

Purchase Details

Closed on
Mar 1, 1989
Bought by

Purchase Details

Closed on
Jun 1, 1980
Bought by
Source: Public Records
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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 Type Sale Price Title Company
Warranty Deed $1,250,000 None Listed On Document
Warranty Deed $1,700,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Trustee Deed $589,900 Attorney
Warranty Deed $897,500 --
Interfamily Deed Transfer -- --
Quit Claim Deed $100 --
Warranty Deed $275,000 --
Warranty Deed $255,000 --
Warranty Deed $152,000 --
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 Loan Amount Loan Type
Open $18,844 Seller Take Back
Previous Owner $600,000 Purchase Money Mortgage
Previous Owner $396,000 Purchase Money Mortgage
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 Prior Sale
04/27/2026 04/27/26 Sold $1,250,000 -10.7% $545 / Sq Ft
04/14/2026 04/14/26 For Sale $1,399,000 0.0% $610 / Sq Ft
04/14/2026 04/14/26 Pending -- -- --
02/16/2026 02/16/26 Price Changed $1,399,000 -6.0% $610 / Sq Ft
11/01/2025 11/01/25 For Sale $1,489,000 -12.4% $650 / Sq Ft
02/14/2024 02/14/24 Sold $1,700,000 -10.3% $742 / Sq Ft View Prior Sale
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: Marathon and Lower Keys Association 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 $6,139 $1,399,185 $827,732 $571,453
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: Marathon and Lower Keys Association of REALTORS®

MLS Number: 617125

APN: 00064640-000105

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