NOT LISTED FOR SALE

1700 Flagler Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,852,000 - $2,435,000

5 Beds
6 Baths
3,275 Sq Ft
$647/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $1,649,000 $504 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $12,374/month

5 Days on Market

Highlights

  • Concrete Pool
  • Deck
  • No HOA
  • Fruit Trees
  • Cathedral Ceiling
  • Stainless Steel Appliances

About This Home

As of September 2021

Investment opportunity awaits you with this exquistely maintained 3 unit conch home in Midtown Key West. All units have been tastefully renovated and boast cathedral ceilings, stainless steel appliances, travertine flooring and privacy. The spacious front unit is a 2 bed/2 bath with an oversized side yard, front porch and two jacuzzi's for entertaining! The adorable back unit is 2 bed/2 bath with a sliding privacy wall. Use the second bedroom as a living area, art studio or as a bedroom. Enjoy indoor/outdoor living with the expansive patio and large pool. The upstairs unit is delightfully laid out with one bed/2 bath and a sliding privacy door that can be used as a closet, bonus room or storage. This unit has a private rooftop deck for those beautiful Key West skies. Each unit is unique and private. A wonderful opportunity to own a multi unit in Key West!

Last Agent to Sell the Property

The Lowe Group

Berkshire Hathaway HomeServices Knight & Gardner Realty License #000000 Listed on: 07/15/2021

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Terri Spottswood

Truman & Co. (KW) License #161619

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,550

Year Built

  • Built in 1933 | Remodeled

Lot Details

  • 7,920 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Fruit Trees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,275 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Some Wood Windows
  • Double Hung Windows
  • French Doors
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00060800-000000

Community Details

Overview

  • No Home Owners Association
  • Nuevo Progresso Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,550

Year Built

Built in 1933 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 10550.20
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 3
  • Year Built: 1933
  • Alternate Key Number: 1061239
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 7920.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3275.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Sky Light(s), Walk-in Closet(s), Smoke Alarms
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Wine Cooler, Washer, Oven, Refrigerator, Range, Dryer
  • Floor: Tile
  • Windows/Doors: Double Hung Windows, Wood Windows, Impact Rstnce Window, Glass Doors, French Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Sprinkler System, Hot Tub, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00060800-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 10, 2021
Sold by
Crosby Mark and Crosby Antoinette N
Bought by
Herrick Gregory and Herrick Suzanne
Seller's Agent
The Lowe Group
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Terri Spottswood
Truman & Co. (KW)
List Price
$1,649,000
Sold Price
$1,649,000
Current Estimated Value
$2,118,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,590
Avg. Annual Appreciation
6.18%
Original Mortgage
$1,484,100
Outstanding Balance
$1,340,738
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$777,852

Purchase Details

Listed on
Apr 2, 2018
Closed on
Jun 12, 2018
Sold by
Fatica Jack L
Bought by
Crosby Mark and Crosby Antoinette N
Seller's Agent
Daniel Skahen
Preferred Properties (KW)
Buyer's Agent
The Lowe Group
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,325,000
Sold Price
$1,310,000
Premium/Discount to List
-$15,000
-1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$818,600
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2014
Sold by
Fatica Jack L and Dietzen Bruce
Bought by
Fatica Jack L

Purchase Details

Closed on
Jun 2, 2004
Sold by
Savage Thomas J and Savage Zita
Bought by
Fatica Jack L and Dietzen Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 2003
Sold by
Savage Thomas J
Bought by
Savage Thomas J and Savage Zita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2002
Sold by
Vinicio Sangermano I
Bought by
Savage Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 2002
Bought by
Fatica Jack L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 1996
Bought by
Fatica Jack L

Purchase Details

Closed on
Nov 1, 1992
Bought by
Fatica Jack L

Purchase Details

Closed on
Nov 1, 1990
Bought by
Fatica Jack L

Purchase Details

Closed on
Aug 1, 1990
Bought by
Fatica Jack L

Purchase Details

Closed on
Jan 1, 1981
Bought by
Fatica Jack L
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
Herrick Gregory $1,649,000 Attorney
Crosby Mark $1,310,000 None Listed On Document
Crosby Mark $1,310,000 None Listed On Document
Fatica Jack L -- Attorney
Fatica Jack L $1,100,000 --
Savage Thomas J $100,000 --
Savage Thomas J $300,000 --
Fatica Jack L $100,000 --
Fatica Jack L $178,000 --
Fatica Jack L $206,000 --
Fatica Jack L $232,500 --
Fatica Jack L $215,000 --
Fatica Jack L $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrick Gregory $1,484,100
Previous Owner Crosby Mark $818,600
Previous Owner Crosby Mark $818,600
Previous Owner Fatica Jack L $999,999
Previous Owner Savage Thomas J $206,500
Previous Owner Savage Thomas J $200,000
Closed Crosby Mark $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2021 09/10/21 Sold $1,649,000 0.0% $504 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $1,649,000 +25.9% $504 / Sq Ft
06/11/2018 06/11/18 Sold $1,310,000 -1.1% $400 / Sq Ft View Prior Sale
04/27/2018 04/27/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $1,325,000 -- $405 / 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 $14,478 $1,742,356 $851,558 $890,798
2023 $14,478 $1,612,490 $776,794 $835,696
2022 $12,883 $1,398,572 $552,499 $846,073
2021 $11,063 $1,116,811 $364,954 $751,857
2020 $10,991 $1,113,561 $344,678 $768,883
2019 $10,918 $1,096,262 $326,177 $770,085
2018 $8,948 $895,559 $338,532 $557,027
2017 $8,659 $900,192 $0 $0
2016 $8,612 $889,012 $0 $0
2015 $8,099 $793,363 $0 $0
2014 $7,170 $569,187 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • The Lowe Group

    Seller's Agent in 2021

    The Lowe Group

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (689) 346-0506

    6 in this area

    53 Total Sales

    The Lowe Group
    Section Image
  • Terri Spottswood

    Buyer's Agent in 2021

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    43 in this area

    323 Total Sales

    Terri Spottswood
    Section Image
  • John Spottswood

    Buyer Co-Listing Agent in 2021

    John Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    43 in this area

    308 Total Sales

    John Spottswood
    Section Image
  • Daniel Skahen

    Seller's Agent in 2018

    Daniel Skahen

    Preferred Properties (KW)

    (305) 923-6524

    8 in this area

    32 Total Sales

    Daniel Skahen
    Section Image

  • J

    Buyer's Agent in 2018

    Jared Lowe

    Truman & Co. (KW)

  • M

    Buyer Co-Listing Agent in 2018

    Megan Lowe

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596896

Florida Keys Board of REALTORS®

APN: 00060800-000000

Florida Monroe County Key West 33040 Mid Town

1700 Flagler Ave, Key West, FL

Not Listed for Sale

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