NOT LISTED FOR SALE

2 Floral Ave Key West, FL 33040

Estimated Value: $1,914,000 - $2,402,000

3 Beds
2 Baths
1,320 Sq Ft
$1,608/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $900,000 $682 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $12,208/month

90 Days on Market

Highlights

  • Detached Guest House
  • Boat Lift
  • Granite Countertops
  • Property fronts gulf or ocean
  • Cathedral Ceiling
  • No HOA

About This Home

As of May 2016

This gulf front and canal front home has spectacular views and water access with deep water boat lift. The front yard faces the blue green gulf and the backyard gives you access to clean wide boating canal. Main living is elevated and surrounded by private balconies. Just a few minutes to Key West. Oversized Garage.

Last Agent to Sell the Property

Lezlie Roark

Truman & Co. (KW) License #3265813 Listed on: 02/25/2016

Last Buyer's Agent

Roger Washburn

Realty Executives Florida Keys Old Town License #0703263

Realty Executives Florida Keys Old Town

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,121

Year Built

  • Built in 1987

Lot Details

  • 6,000 Sq Ft Lot
  • Property fronts gulf or ocean
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Parking

  • 2 Car Attached Garage

Property Views

  • Gulf
  • Canal

Home Design

  • Metal Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Sliding Doors
  • Workshop
  • Storage
  • Utility Room
  • Complete Roll Down Shutters

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Boat Lift
  • Outdoor Storage

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Key Haven 10Th Add Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,121

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Haven
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6121.00
  • Title: Negotiable
  • Vehicle Storage: Attached, Garage
  • Vehicle Storage Cars: 2
  • Year Built: 1987
  • Alternate Key Number: 1174793
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air, Wall/Window Unit(s)
  • Lot Sq Ft: 6000.00
  • Shutters: Roll Down Manual
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1320.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Pantry, Window Treatments, Storage, Other, Granite Counter Top, Cathedral Ceilings, Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Gas Appliances, Dryer, Disposal
  • Floor: Carpet, Tile
  • Specialty Rooms: Laundry Room, Workshop, Utility Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Detached Guest Qtrs, Storage
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
May 27, 2016
Sold by
Brokman Edward W
Bought by
Blass Lawrence W and Blass Jessica
Seller's Agent
Lezlie Roark
Truman & Co. (KW)
Buyer's Agent
Roger Washburn
Realty Executives Florida Keys Old Town
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%
Current Estimated Value
$2,123,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,223,026
Avg. Annual Appreciation
9.87%
Original Mortgage
$236,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 1999
Sold by
Ruberto Patrick J and Ruberto Loralyn J
Bought by
Brockman Edward W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,800
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1987
Bought by
Blass Lawrence W and Blass Jessica
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
Blass Lawrence W $900,000 First International Title
Brockman Edward W $406,000 --
Blass Lawrence W $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blass Lawrence W $510,400
Closed Blass Lawrence W $236,000
Closed Blass Lawrence W $529,000
Previous Owner Brockman Edward W $179,500
Previous Owner Brockman Edward W $285,000
Previous Owner Brockman Edward W $324,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $900,000 -2.7% $682 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $925,000 -- $701 / 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 $7,676 $921,523 -- --
2023 $7,676 $894,683 $0 $0
2022 $7,467 $868,625 $0 $0
2021 $7,393 $806,297 $0 $0
2020 $7,360 $795,165 $0 $0
2019 $7,221 $777,288 $0 $0
2018 $7,278 $762,795 $0 $0
2017 $7,067 $747,105 $0 $0
2016 $5,955 $570,976 $0 $0
2015 $6,121 $565,682 $0 $0
2014 $5,216 $496,787 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122932

Florida Keys Board of REALTORS®

APN: 00140650-000000