1716 Washington St Unit 1 AND 2 Key West, FL 33040
Mid Town Neighborhood
3
Beds
3
Baths
1,785
Sq Ft
4,792
Sq Ft Lot
About This Home
As of June 2024Great Income Producing Property located and sought after neighborhood. Discover the epitome of island living with this lovely 3-bedroom, 2 1/2-bathroom duplex nestled in the sought-after community of Key West. Boasting not only a stunning pool but also a lucrative rental opportunity, this property offers the perfect blend of luxury, comfort, and income potential.Key Features:Dual Living Spaces: This unique duplex is divided into two distinct units--a spacious 2-bedroom, 1.5-bathroom owner's unit and a separate 1-bedroom, 1-bathroom rental unit. Whether you're seeking a primary residence with rental income or a smart investment opportunity, this setup provides flexibility and financial benefits.Owner's Unit: Step into the elegantly appointed owner's unit, featuring two bedrooms, a well-appointed kitchen, comfortable living spaces, and a private patio overlooking the lush backyard oasis.Rental Unit: The charming rental unit offers one bedroom, a full bathroom, a cozy living area, and a kitchenette, providing a comfortable space for guests or tenants to enjoy their own private retreat.Outdoor Haven: Escape to the backyard paradise, where a sparkling pool beckons on warm Key West days. The backyard offers ample space for outdoor entertaining, this oasis is perfect for relaxation and recreation. The open backyard pool area also over a blank canvas for a creative design minded person to add lush landscaping and room for a small guest/pool house.Prime Location: Situated on a generous 4,862 square foot lot, this duplex enjoys a prime location in Key West, offering easy access to beaches, dining, shopping, and a wealth of recreational activities.
Map
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,664
Year Built
1943
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
- 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: Cash
- Side: Median
- State Province: FL
- Taxes: 7663.75
- Year Built: 1943
- Alternate Key Number: 1043648
- Lot Sq Ft: 4862.00
- Pool Info: In Ground
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- Estimated Living Sq Ft: 1785.00
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: MultiFamily
Interior Features
- Total Bathrooms: 3.00
- Full Bathrooms: 2
- Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
- Half Bathrooms: 1
- Total Bedrooms: 3
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame
- Waterview: No Waterview
- Pool: Yes
Utilities
- Utilities: FKAA, Elect Separate Meter, Propane, Municipal Sewer
Lot Info
- Deed Restrictions: Yes
- Flood Zone: AE
- Parcel Number: 00043010-000000
- Land Size: Less Than 1/4 Acre
- Acres: 0.11
Rental Info
- Rentals Allowed: With Restrictions
Tax Info
- Tax Year: 2023
Multi Family
- Total Units: 2.00
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
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $1,400,000 | -6.6% | $784 / Sq Ft |
| 04/13/2024 04/13/24 | Price Changed | $1,499,000 | -6.3% | $840 / Sq Ft |
| 03/21/2024 03/21/24 | For Sale | $1,599,000 | -- | $896 / 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 | $7,664 | $1,087,925 | $833,152 | $254,773 |
| 2023 | $7,664 | $1,007,155 | $760,004 | $247,151 |
| 2022 | $6,586 | $788,823 | $540,557 | $248,266 |
| 2021 | $5,905 | $576,643 | $357,065 | $219,578 |
| 2020 | $5,702 | $560,503 | $337,228 | $223,275 |
| 2019 | $5,433 | $551,070 | $324,101 | $226,969 |
| 2018 | $5,320 | $569,625 | $336,377 | $233,248 |
| 2017 | $5,165 | $573,447 | $0 | $0 |
| 2016 | $5,248 | $596,128 | $0 | $0 |
| 2015 | $4,669 | $456,362 | $0 | $0 |
| 2014 | $4,021 | $306,436 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $744,000 | Unknown | |
| Previous Owner | $552,000 | Commercial | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $76,404 | Commercial | |
| Closed | $97,500 | No Value Available |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,400,000 | None Listed On Document | |
| Corporate Deed | $319,000 | Southern Fincl Title Svcs | |
| Trustee Deed | -- | None Available | |
| Certificate Of Transfer | $100 | -- | |
| Trustee Deed | -- | None Available | |
| Trustee Deed | -- | Attorney | |
| Warranty Deed | $690,000 | Chicago Title Of The Fl Keys | |
| Deed | -- | -- | |
| Deed | $50,000 | -- |
Source: Public Records
Similar Homes in Key West, FL
Source: Key West Association of REALTORS®
MLS Number: 609263
APN: 00043010-000000
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