NOT LISTED FOR SALE

1700 Flagler Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $2,041,455 - $2,485,000

5 Beds
6 Baths
3,275 Sq Ft
$699/Sq Ft Est. Value

Last Sold September 10, 2021

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

Est. 39% increase in value since last sale

Current estimated payment $13,653/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
$2,288,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$639,614
Avg. Annual Appreciation
8.56%
Original Mortgage
$1,484,100
Outstanding Balance
$1,352,791
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$935,823

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

Listed on
Apr 2, 2018
Closed on
May 30, 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.
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
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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
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 M $789,900
Previous Owner Crosby Mark $818,600
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 Change Sq Ft Price
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
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

    51 Total Sales

    The Lowe Group
    Section Image
  • Terri Spottswood

    Buyer's Agent in 2021

    Terri Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    47 in this area

    336 Total Sales

    Terri Spottswood
    Section Image
  • Team Spottswood/Vazquez

    Buyer Co-Listing Agent in 2021

    Team Spottswood/Vazquez

    Truman & Co. (KW)

    (305) 395-1777

    48 in this area

    338 Total Sales

    Team Spottswood/Vazquez
    Section Image
  • Daniel Skahen

    Seller's Agent in 2018

    Daniel Skahen

    Preferred Properties (KW)

    (305) 923-6524

    10 in this area

    35 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

See All Agents

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

This home is located at 1700 Flagler Ave, Key West, FL 33040 since 15 July 2021 and is currently estimated at $2,288,614, approximately $698 per square foot. This property was built in 1933. 1700 Flagler Ave is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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