NOT LISTED FOR SALE

1815 Atlantic Blvd Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,506,000

4 Beds
4 Baths
2,177 Sq Ft
$692/Sq Ft Est. Value

Last Sold April 02, 2019

Last sale price $1,025,000 $471 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,841/month

102 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • Balcony
  • Deck
  • No HOA
  • 2-minute walk to Key West Nature Preserve

About This Home

As of April 2019

A very rare transient property on Atlantic Boulevard close to the beaches on the quiet site of Key West. Home can easily accommodate 10 guests for a seasonal rental/ home for the right Buyer. Gross revenue over $100,000 per year with a strong rental history. Ample on-street parking. A perfect 1031 exchange opportunity for Key West as a residence and an income producing property.

Last Agent to Sell the Property

Claude Gardner

Berkshire Hathaway HomeServices Knight & Gardner Realty License #BK612006 Listed on: 09/08/2018

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Alexis O'Donnell

eXp Realty LLC License #3422826

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,346

Year Built

  • Built in 1938

Lot Details

  • 4,625 Sq Ft Lot
  • Fenced

Home Design

  • 2,177 Sq Ft Home
  • Frame Construction
  • Metal Roof

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Patio

Utilities

  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00062230-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,346

Year Built

Built in 1938

Lot Details

4,625 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • Limited Representation: No
  • Mile Marker: 2.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 3346.08
  • Year Built: 1938
  • Alternate Key Number: 1062634
  • Lot Sq Ft: 4625.00
  • Porch Balcony: Deck, Roof Top Deck, Patio, Open Porch/Balcony
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 2177.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dryer, Oven, Washer, Refrigerator, Range
  • Floor: Carpet, Wood, Tile
  • Appliances Other: YES
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Hot Tub
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00062230-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2018
Closed on
Apr 1, 2019
Sold by
Gaffney Timothy J and The Timothy J Gaffney Revocabl
Bought by
1815 Atlantic Boulevard
Seller's Agent
Claude Gardner
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Alexis O'Donnell
eXp Realty LLC
List Price
$1,290,000
Sold Price
$1,025,000
Premium/Discount to List
-$265,000
-20.54%
Current Estimated Value
$1,506,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,000
Original Mortgage
$1,275,000
Outstanding Balance
$487,044
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 2014
Sold by
Gaffney Timothy J and Gaffney Timothy
Bought by
Gaffney Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.26%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 1, 1992
Bought by
Gaffney Timothy J Revocable Trust 12/22/97
Source: Public Records
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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
1815 Atlantic Boulevard $1,025,000 First International Ttl Inc
Gaffney Timothy J -- American Title Inc
Gaffney Timothy J Revocable Trust 12/22/97 $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1815 Atlantic Boulevard $1,275,000
Previous Owner Gaffney Timothy J $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2019 04/02/19 Sold $1,025,000 -20.5% $471 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
09/08/2018 09/08/18 For Sale $1,290,000 -- $593 / Sq Ft
Source: Florida Keys Board 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
2025 $11,026 $2,106,951 $1,071,844 $1,035,107
2024 $10,626 $2,099,667 $1,071,844 $1,027,823
2023 $10,626 $2,059,835 $1,071,844 $987,991
2022 $8,183 $1,387,730 $415,399 $972,331
2021 $5,884 $623,069 $274,392 $348,677
2020 $5,587 $591,390 $259,148 $332,242
2019 $4,152 $489,877 $0 $0
2018 $3,878 $446,220 $0 $0
2017 $3,756 $447,852 $0 $0
2016 $3,427 $351,850 $0 $0
2015 $2,910 $290,715 $0 $0
2014 $2,936 $290,129 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Claude Gardner

    Seller's Agent in 2019

    Claude Gardner

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 902-2447

    23 in this area

    293 Total Sales

    Claude Gardner
    Section Image

  • A

    Buyer's Agent in 2019

    Alexis O'Donnell

    eXp Realty LLC

    (757) 408-6997

    2 in this area

    8 Total Sales

    Alexis O'Donnell
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 581827

Florida Keys Board of REALTORS®

APN: 00062230-000000

Florida Monroe County Key West 33040 Mid Town

1815 Atlantic Blvd, Key West, FL

Not Listed for Sale

Detached

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