NOT LISTED FOR SALE

Estimated Value: $1,519,000 - $1,836,000

2 Beds
2 Baths
1,300 Sq Ft
$1,025/mo HOA Fee

Last Sold February 16, 2022

Last sale price $1,550,000 $1,192 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,843/month

17 Days on Market

Highlights

  • Beach View
  • Private Beach
  • Elevator
  • Water access To Gulf or Ocean To Bay
  • Penthouse
  • 5-minute walk to Key West Nature Preserve

About This Home

As of February 2022

Transient Licensed Penthouse unit with direct ocean view from living room and both bedrooms. Nightly rentals allowed. Sold Turn Key with all furniture. The balcony runs the full length of the condo. Cathedral ceilings are an additional feature unique to the penthouse condos. Many desirable amenities include: an Olympic size pool, 20 person Jacuzzi, fitness area, courtyard garden with tropical landscaping with many covered picnic tables and BBQ areas. There are 3 lighted tennis courts on the property. One covered, gated parking space under the building and storage area come with the unit. Additional guest parking is available on a first come basis. Gross rent for 2021 was over $130,000. Don't let this rare transient licensed Penthouse opportunity pass you by.

Last Agent to Sell the Property

Gary McAdams

EXP REALTY LLC License #3026388 Listed on: 01/26/2022

EXP REALTY LLC

Last Buyer's Agent

Gary McAdams

EXP REALTY LLC License #3026388 Listed on: 01/26/2022

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,949

Year Built

  • 1984

Lot Details

  • Private Beach
  • Condo Land Included

HOA Fees

  • $1,025 Monthly HOA Fees

Parking

  • 1

Property Views

Home Design

  • Penthouse

Outdoor Features

  • Water access To Gulf or Ocean To Bay

Listing and Financial Details

Community Details

Pet Policy

  • Pets up to 100 lbs

Additional Features

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,949

Year Built

1984

Lot Details

0

HOA Fees

$1,025 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Carport Y N: No
  • Directions: Corner of Atlantic Blvd and Bertha Streets.
  • Garage Yn: Yes
  • New Construction: No
  • Ownership: Condominium
  • Road Surface Type: Asphalt
  • Subdivision Name: 1800 ATLANTIC (2.0)
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM633252?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM633252?w=Customer
  • Floor Number: 4
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: Penthouse
  • Ratio: Close Price\List Price: 1.00065
  • Price per Sq Ft: 1192.31
  • Close to Original List Price Ratio: 1.00065
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Elevator, Master Bedroom Main Floor, Thermostat
  • Private Spa: Yes
  • Stories: 4
  • Room Count: 1

Exterior Features

  • Roof: Concrete
  • Exterior Features: Balcony, Hurricane Shutters, Lighting, Outdoor Grill, Outdoor Shower, Storage, Tennis Court(s)
  • Foundation Details: Slab
  • View: Water
  • Construction Type: Concrete
  • Direction Faces: East
  • Other Structures: Gazebo, Tennis Court(s)
  • Pool Private: Yes
  • Waterfront: No
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Private, Gulf/Ocean to Bay
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Name: ICAMCO
  • Association: Yes
  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Pool, Tennis Courts, Waterfront
  • Pets Allowed: Yes
  • Senior Community: No
  • Condo Fees: 1025
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 1025
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Association Fee Includes: Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Security
  • Total Annual Fees: 12300
  • Total Monthly Fees: 1025

Lot Info

  • Additional Parcels: No
  • Land Lease Expiration Date: 2022-01-29
  • Lot Size Sq Ft: 26000
  • Zoning: MDR-C
  • Flood Zone Code: AE/VE

Rental Info

  • Max Pet Weight: 100
  • Minimum Lease: No Minimum
  • Approval Process: Association and/or property owners have first right of refusal.
  • Lease Restrictions Y N: No
  • Month To Month Or Weekly Y N: No

Tax Info

  • Tax Annual Amount: 7254.84
  • Tax Block: 68
  • Tax Book Number: 04
  • Tax Lot: 25
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Feb 16, 2022
Sold by
Kathleen Marie Gielty-Orlando Trust
Bought by
Jac Zay Llc
Seller's Agent
Gary McAdams
EXP REALTY LLC
Buyer's Agent
Gary McAdams
EXP REALTY LLC
List Price
$1,549,000
Sold Price
$1,550,000
Premium/Discount to List
$1,000
0.06%
Current Estimated Value
$1,622,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,143
Avg. Annual Appreciation
1.29%

Purchase Details

Closed on
Feb 14, 2013
Bought by
Gielty-Orlando Kathleen Marie Trust 12/20/201

Purchase Details

Closed on
Jan 25, 2013
Sold by
Orlando Kathleen Marie and Kelly Mary Adrian
Bought by
Orlando Orlando Kathleen Marie Kathleen Marie and Orlando Kathleen Marie Gielty

Purchase Details

Closed on
Dec 17, 2012
Sold by
Gielty James E
Bought by
Orlando Kathleen Marie and Kelly Mary Adrian

Purchase Details

Closed on
Feb 12, 2009
Sold by
Barnett Steven J and Barnett Nancy J
Bought by
Gielty James E

Purchase Details

Closed on
Feb 5, 2001
Bought by
Gielty-Orlando Kathleen Marie Trust 12/20/201

Purchase Details

Closed on
Jul 1, 1986
Bought by
Gielty-Orlando Kathleen Marie Trust 12/20/201
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
Jac Zay Llc $1,550,000 None Listed On Document
Gielty-Orlando Kathleen Marie Trust 12/20/201 $100 --
Orlando Orlando Kathleen Marie Kathleen Marie -- Attorney
Orlando Kathleen Marie -- Attorney
Gielty James E $650,000 None Available
Gielty-Orlando Kathleen Marie Trust 12/20/201 $470,000 --
Gielty-Orlando Kathleen Marie Trust 12/20/201 $265,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnett Steven J $210,000
Previous Owner Barnett Steven J $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold $1,550,000 +0.1% $1,192 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $1,549,000 -- $1,192 / Sq Ft
Source: Stellar MLS

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 $11,949 $1,348,673 -- $1,348,673
2023 $11,949 $1,373,212 $0 $1,373,212
2022 $8,346 $1,101,802 $0 $1,101,802
2021 $7,403 $796,532 $0 $796,532
2020 $7,008 $800,116 $0 $800,116
2019 $6,897 $858,659 $0 $858,659
2018 $6,682 $858,659 $0 $0
2017 $6,102 $751,412 $0 $0
2016 $5,804 $662,557 $0 $0
2015 $5,016 $479,621 $0 $0
2014 $4,674 $409,454 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM633252

Stellar MLS

APN: 00063560-015100