NOT LISTED FOR SALE

1714 Josephine St Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $579,635 - $902,000

2 Beds
2 Baths
728 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $505,000 $694 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,415/month

158 Days on Market

Highlights

  • Beach
  • Balcony
  • Patio
  • No HOA
  • Shutters
  • 2-minute walk to Key West Nature Preserve

About This Home

As of January 2022

This Listing is a 2-unit investment property 1 block from the most popular beach in Key West. Gross annual rent $34,800. Superior condition. Meticulously maintained and continuously upgraded. A two story concrete/stucco building containing two separately licensed and metered units, both 1bed/1bath efficiencies. Both units on 12 month leases through Oct 31, 2021. Zero deferred maintenance. Both unit with recent upgrades to bathrooms and kitchens. See Documents for details. Three off street parking spaces plus spacious and sheltered common area. Excellent investment opportunity.

Last Agent to Sell the Property

John Parce

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 07/29/2021

Last Buyer's Agent

Bobby Coe

RE/MAX Keys Connection (KW) License #3428120

RE/MAX Keys Connection (KW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,406

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 2,806 Sq Ft Lot
  • Privacy Fence

Home Design

  • Tar and Gravel Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 728 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio
  • Shed
  • Attached Grill
  • Rain Gutters

Utilities

  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 00062300-000100

Community Details

Overview

  • No Home Owners Association
  • New Town Unlisted Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,406

Year Built

Built in 1976 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • Additional Assessor Parcel Number 1: 00062300-000100
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 4
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features, Bike Paths
  • Pets: Other See Remarks
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3406.48
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking, Open Parking
  • Vehicle Storage Cars: 3
  • Year Built: 1976
  • Alternate Key Number: 8758545
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless
  • Lot Sq Ft: 2806.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • License Info Number Of City License: 2
  • Shutters: Clam Shell
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 728.00
  • Pre Wired: Cable
  • 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: Drapes/Blinds Incl, Window Treatments, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Microwave, Freezer, Dryer, Disposal
  • Floor: Carpet, Tile
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 2
  • Accessibility Features: Parking

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Concrete, Stucco
  • Exterior Features: Built-in Grill, Shed, Privacy Wall/Fence, Rain Gutters
  • Roof: Other Roof, Tar/Gravel Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Cable Available, Water Separate Meter, Municipal Sewer, Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00062300-000100
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Jan 6, 2022
Sold by
Heimlich Sr Kenneth R and Lynn Carol
Bought by
Ixora Kw Ii Llc
Seller's Agent
John Parce
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Bobby Coe
RE/MAX Keys Connection (KW)
List Price
$505,000
Sold Price
$505,000
Current Estimated Value
$734,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,409
Avg. Annual Appreciation
10.87%
Original Mortgage
$404,000
Outstanding Balance
$373,855
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$360,554

Purchase Details

Closed on
Aug 1, 1997
Bought by
Heimlich Kenneth R and Heimlich Carol 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
Ixora Kw Ii Llc $505,000 Oropeza Stones Cardenas Pllc
Heimlich Kenneth R $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ixora Kw Ii Llc $404,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $505,000 0.0% $694 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
07/29/2021 07/29/21 For Sale $505,000 -- $694 / 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 $5,057 $455,648 $289,130 $166,518
2023 $5,057 $493,215 $326,843 $166,372
2022 $4,007 $450,687 $280,151 $170,536
2021 $3,531 $305,551 $186,992 $118,559
2020 $3,406 $303,979 $185,420 $118,559
2019 $3,136 $260,869 $140,637 $120,232
2018 $3,180 $279,041 $157,136 $121,905
2017 $3,051 $268,041 $0 $0
2016 $3,033 $264,433 $0 $0
2015 $2,833 $218,915 $0 $0
2014 $2,205 $171,938 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    John Parce

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • Bobby Coe

    Buyer's Agent in 2022

    Bobby Coe

    RE/MAX

    (305) 363-9665

    19 in this area

    129 Total Sales

    Bobby Coe
    Section Image

  • B

    Buyer's Agent in 2022

    Bobby Coe IV

    Coastal Collection Real Estate Inc.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 597091

Florida Keys Board of REALTORS®

APN: 00062300-000100

Florida Monroe County Key West 33040 Mid Town

1714 Josephine St, Key West, FL

This home is located at 1714 Josephine St, Key West, FL 33040 since 29 July 2021 and is currently estimated at $734,409, approximately $1,008 per square foot. This property was built in 1976. 1714 Josephine St 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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