NOT LISTED FOR SALE

Estimated Value: $805,593 - $1,094,000

2 Beds
2 Baths
1,357 Sq Ft
$845/mo HOA Fee

Last Sold March 15, 2019

Last sale price $505,000 $372 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,062/month

137 Days on Market

Highlights

  • Ocean View
  • Steam Room
  • Home Theater
  • Beach
  • Sandy Beach
  • 5-minute walk to Key West Nature Preserve

About This Home

As of March 2019

$15,000 price reduction! Take advantage of this new low price & perhaps the best value on Smathers Beach! Move in ready to enjoy a wonderful Key West winter or perfect to book future monthly rentals. The fully furnished 2 BR & 2 BA condo has a generously sized 1357 sq. ft. floor plan & a preferred courtyard location with a private 40' balcony to take in a partial ocean view. A brand new complete AC system has just been installed. Amenities include an ocean side heated swimming pool, hot tub, 3 lighted tennis courts, new fitness center, grilling areas, saunas, 24 hour security, storage & a parking garage. And for pet owners, 1800 Atlantic is a rare condo association that's pet friendly with liberal rules.

Last Agent to Sell the Property

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 10/08/2018

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 10/08/2018

Coldwell Banker Schmitt Real Estate Co. (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,071

Year Built

  • Built in 1987

Lot Details

  • Sandy Beach
  • Fenced

HOA Fees

  • $845 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Tar and Gravel Roof
  • Metal Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,357 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Ceiling Fan
  • Home Theater
  • Utility Room
  • Steam Room
  • Home Gym
  • Carpet

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Open Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Parking

Pool

  • Concrete Pool
  • Heated Lap Pool
  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Exterior Lighting
  • Gazebo
  • Outdoor Storage

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00063560-008800

Community Details

Overview

  • $844 Maintenance Fee
  • Association fees include bldg exterior mnt, water, security, exterminating, common area mnt, cable, building insurance
  • 168 Units
  • 1800 Atlantic Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Beach
  • Community Spa

Pet Policy

  • Pet Restriction: See condo rules

Security

  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,071

Year Built

Built in 1987

Lot Details

0

HOA Fees

$845 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 845.00
  • Maintenance Fee: 844.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Water, Security, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Mile Marker: 2.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Spa, Other Area Features, Manager on Premises, Fire Hydrant, Community Pool, Clubhouse
  • Pets W Restrictions: See condo rules
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4071.00
  • Vehicle Storage: Assigned Parking, Open Parking, Garage, Guest Parking, Covered Parking, Auto Door Opener, Attached
  • Vehicle Storage Cars: 2
  • Year Built: 1987
  • Alternate Key Number: 8677154
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, Lap, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 1357.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Pantry, Window Treatments, Smoke Alarms
  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Microwave, Dryer, Disposal
  • Floor: Carpet
  • Specialty Rooms: Gym, Utility Room, Sauna/Steam Room, Media Room, Laundry Room
  • Windows/Doors: Impact Rstnce Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed, Parking

Exterior Features

  • Dockage: None
  • Waterfront: Open Water
  • Waterfront: No
  • Construction: CBS, Stucco, Concrete
  • Exterior Features: Fencing, Sandy Beach, Tennis Court(s), Storage, Outdoor Shower, Lighting, Hot Tub, Gazebo
  • Roof: Metal Roof, Tar/Gravel Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00063560-008800
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 168.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Mar 21, 2019
Sold by
Depalma Corporation Inc
Bought by
Porrazzo Michael
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$564,000
Sold Price
$505,000
Premium/Discount to List
-$59,000
-10.46%
Current Estimated Value
$909,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,648
Avg. Annual Appreciation
9.45%

Purchase Details

Listed on
Oct 8, 2018
Closed on
Mar 15, 2019
Sold by
Depalma Corporation Inc
Bought by
Porrazzo Michael
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$564,000
Sold Price
$505,000
Premium/Discount to List
-$59,000
-10.46%

Purchase Details

Listed on
Jan 29, 2014
Closed on
Apr 23, 2014
Sold by
Gallwey William J
Bought by
Depalma Corporation Inc
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$456,000
Sold Price
$422,000
Premium/Discount to List
-$34,000
-7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Dec 28, 2005
Sold by
Wilkey 130 Inc
Bought by
Gallwey William J

Purchase Details

Closed on
Aug 1, 1991
Bought by
Depalma Corporation Inc

Purchase Details

Closed on
Feb 1, 1991
Bought by
Depalma Corporation Inc
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
Porrazzo Michael $505,000 None Listed On Document
Porrazzo Michael $505,000 None Listed On Document
Depalma Corporation Inc $422,000 Attorney
Gallwey William J -- None Available
Depalma Corporation Inc $170,000 --
Depalma Corporation Inc $3,400,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $505,000 -10.5% $372 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
10/08/2018 10/08/18 For Sale $564,000 +33.6% $416 / Sq Ft
04/23/2014 04/23/14 Sold $422,000 -7.5% $311 / Sq Ft
03/28/2014 03/28/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $456,000 -- $336 / 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 $4,973 $617,797 -- $617,797
2023 $4,973 $579,515 $0 $579,515
2022 $4,350 $477,432 $0 $477,432
2021 $4,173 $427,667 $0 $427,667
2020 $4,146 $426,391 $0 $426,391
2019 $4,584 $472,532 $0 $472,532
2018 $4,405 $443,366 $0 $0
2017 $4,240 $417,524 $0 $0
2016 $4,255 $404,052 $0 $0
2015 $3,970 $355,871 $0 $0
2014 $3,757 $355,755 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 582227

Florida Keys Board of REALTORS®

APN: 00063560-008800