NOT LISTED FOR SALE

Estimated Value: $1,128,000 - $1,368,000

3 Beds
3 Baths
1,497 Sq Ft
$824/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $750,000 $501 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,387/month

116 Days on Market

About This Home

As of January 2022

Duplex! You cannot beat this price! Owners are very motivated and looking at all offers!!!Ride your bike to everything Key West has to offer. This is an amazing location. Close to Old Town but also close to all shopping and amenities in New Town. A two (2) bedroom and two (2) bath on one side and a very nice one (1) bedroom and one (1) bath on the other. Keep it as a rental or move into one side and rent out the other. Both units have parking and great back and front yards. A very nice neighborhood on the island. You really get it all on this amazing investment.Separately metered for electric. Washer and Dryers are separated for both units. This is an easy property to manage. Do it, this is the one. Call today for your private showing.

Last Agent to Sell the Property

Bobby Coe IV

Coastal Collection Real Estate Inc. License #3428120 Listed on: 07/27/2021

Last Buyer's Agent

Baris Leyla

Coastal Collection Real Estate Inc. License #BK3413958

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,487

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 5,368 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,497 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00044760-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Monroe Investement Co Sub Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,487

Year Built

Built in 1953 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 5486.73
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1953
  • Alternate Key Number: 1045373
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 5368.00
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 2
  • License Info Number Of County License: 2
  • Shutters: Other
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 1497.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: No Appliances
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00044760-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2002
Sold by
Weeks William J
Bought by
Sheldon Frank L
Total Days on Market
116
Current Estimated Value
$1,233,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.01%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 1, 1989
Bought by
Sheldon Frank Lee
Source: Public Records

Similar Homes in Key West, FL

  • 806 Pearl St, Key West, FL 33040

    $1,199,000

    • 4 Beds
    • 3 Baths
    • 1,504 Sq Ft
    • 806 Pearl St
    • Key West, FL

    Unleash your vision and step into endless possibilities with this two-story duplex, a blank canvas located in the prestigious Meadows neighborhood of Key West. Packed with potential, this diamond in the rough is perfect for investors, developers, or dreamers looking to craft their masterpiece in one of Key West's most desirable areas. The property is a blank slate for your imagination to design

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 2513 Staples Ave, Key West, FL 33040

    $949,000

    • 4 Beds
    • 2 Baths
    • 1,224 Sq Ft
    • 2513 Staples Ave
    • Key West, FL

    TWO MORE DAYS ON THE MARKET UNTIL IT IS TAKEN OFF COMPLETELY! Get this high income producing, 100k per year with low expenses, fully renovated duplex in Midtown Key West. This property offers flexibility for use as a vacation home, primary residence, or investment opportunity with a HIGH ROI. This duplex is a proven income generator, with detailed financial records available. The property

    Everett Watkins Keller Williams Key West Compass Realty

    Section Image
  • 1215 Bay St, Key West, FL 33040

    $1,249,000

    • 4 Beds
    • 3 Baths
    • 1,740 Sq Ft
    • 1215 Bay St
    • Key West, FL

    This charming four-bedroom, three-bathroom duplex is a rare find, nestled on a generous 7,500 sq. ft. lot that provides plenty of room for relaxation, gardening, or entertaining. Surrounded by lush foliage, the property offers a serene sense of privacy and seclusion, making it a perfect retreat. Centrally located, you'll enjoy easy access to shopping, dining, and the beach, with Old Town Key West

    Justyn Ewald Expert Realty LLC (HQ)

    Section Image
  • 1916 Seidenberg Ave, Key West, FL 33040

    $1,169,900

    • 6 Beds
    • 2 Baths
    • 1,694 Sq Ft
    • 1916 Seidenberg Ave
    • Key West, FL

    Duplex with Solid Rent Roll ($91,800/year) - This income-producing duplex features 2 well-maintained units, each offering 3 bedrooms and 1 bathrooms. Units are rented for $3,850 and $3,800 per month on long-term leases ($91,800/year). Perfectly positioned near the coast and only a short ride from the energy of downtown.

    Kayley Arn Coldwell Banker Realty - Aventura

    Section Image
  • 1312 Catherine St, Key West, FL 33040

    $980,000

    • 2 Beds
    • 2 Baths
    • 1,095 Sq Ft
    • 1312 Catherine St
    • Key West, FL

    This charming duplex has much to offer. A great location, two very nice one bedroom, one bath units, each with their own entry and outdoor space and it's in move in condition. The first floor features a primary bedroom with Dade Pine walls and a large closet. The kitchen/living/dining area opens to the private exterior deck. Upstairs the 1/1 has high ceilings and natural light. It has a porch in

    Laura McChesney Preferred Properties (KW)

    Section Image
  • 1409 Truman Ave, Key West, FL 33040

    $1,399,000

    • 3 Beds
    • 4 Baths
    • 1,932 Sq Ft
    • 1409 Truman Ave
    • Key West, FL

    This home offers a unique opportunity for flexible living or investment! Currently configured as a single-family residence, it has been approved by the City of Key West to be reverted back to a Multi-family, allowing for up to 4 units. Easily convert the home back to two studios with bath, 1 bedroom 1 bath and a 2 bedroom 1 bath. Welcome to 1409 Truman Avenue, a stunning Key West Eyebrow home

    Michael Sorah Truman & Co. (KW)

    Section Image
  • 1327 Duncan St, Key West, FL 33040

    $1,500,000

    • 4 Beds
    • 2 Baths
    • 2,019 Sq Ft
    • 1327 Duncan St
    • Key West, FL

    Are you ready to build??? after talking with City Planning the new owner will be able to possibly renovate the main house and build a second new house Buyer to verify...Make your offer today.Welcome to 1327 Duncan Street, this property offers a 3 bedroom 1 bath single-family home plus a separate 1 bedroom 1 bath cottage with fenced in yard, laundry area, central air condition. The main

    Barbara Crespo Keller Williams Key West Compass Realty

    Section Image
  • 1210 Virginia St, Key West, FL 33040

    $1,149,000

    • 3 Beds
    • 3 Baths
    • 1,740 Sq Ft
    • 1210 Virginia St
    • Key West, FL

    Currently this is a two-story duplex in the popular Bayview Park neighborhood in Old Town. It could be converted back to the original single-family home. There are a total of three bedrooms and 2.5 baths. As currently configured, the first floor has 2 bedrooms,1.5 baths and features 9.5-foot ceilings, doors with transom windows, and hardwood floors. French doors open to the rear yard and porch.

    The Behmke Group Keller Williams Key West Compass Realty

    Section Image
  • 1412 Johnson St, Key West, FL 33040

    $1,270,000

    • 4 Beds
    • 2 Baths
    • 1,777 Sq Ft
    • 1412 Johnson St
    • Key West, FL

    This bright and welcoming 4-bedroom, 2-bath ranch-style home sits on a huge 7,040 sq ft lot, offering incredible potential to expand the existing home or start from scratch & build your new home. Nestled in a sought-after neighborhood near Casa Marina, the home is bathed in natural light from oversized windows, creating a warm and inviting atmosphere. The open layout includes a spacious family

    Terri Spottswood Truman & Co. (KW)

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sheldon Frank L -- --
Sheldon Frank Lee $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrozzo Laura $600,000
Closed Sheldon Frank L $472,500
Closed Sheldon Frank Lee $360,000
Closed Sheldon Frank L $100,000
Closed Sheldon Frank Lee $100,000
Closed Sheldon Frank Lee $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $750,000 -7.6% $501 / Sq Ft
10/12/2021 10/12/21 Price Changed $812,000 -0.4% $542 / Sq Ft
07/27/2021 07/27/21 Price Changed $815,000 +0.6% $544 / Sq Ft
07/27/2021 07/27/21 For Sale $810,000 -- $541 / 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 $10,114 $1,209,061 $901,824 $307,237
2023 $10,114 $1,097,978 $822,646 $275,332
2022 $6,721 $866,869 $585,112 $281,757
2021 $5,841 $584,519 $386,496 $198,023
2020 $5,487 $567,689 $365,024 $202,665
2019 $5,218 $552,814 $347,202 $205,612
2018 $5,122 $572,570 $364,031 $208,539
2017 $4,959 $569,913 $0 $0
2016 $5,010 $581,925 $0 $0
2015 $4,423 $436,896 $0 $0
2014 $3,824 $287,443 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 597057

Florida Keys Board of REALTORS®

APN: 00044760-000000