$1,700,000
SOLD FEB 14, 2024

1616 Atlantic Blvd Unit 5 Key West, FL 33040

Mid Town Neighborhood
2 Beds
3 Baths
2,292 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$742 Per Sq Ft

15% Below List Price

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

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Mabry Binnicker

Preferred Properties (KW) License #635040

Map

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 For Sale $1,888,900 +11.1% $974 / Sq Ft
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

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

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 Purchase Money Mortgage
Previous Owner $396,000 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
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

About the Listing Agent

Lisa Swanson

Berkshire Hathaway HomeServices Knight & Gardner Realty

(305) 924-3777

Section Image

Lisa recognizes that the personal relationship and synergy between agent and clients is essential to successful transactions. A natural salesperson, a passion for property, a strong work ethic, client focused values and a member of a tight-knit network of over 3,500 real estate professionals around the world (CIPS), will make the difference in selling your home. Using Lisa's professional style, integrity and extensive knowledge of the property industry will give their property the best chance

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Source: Key West Association of REALTORS®

MLS Number: 604906

Key West Association of REALTORS®

APN: 00064640-000105