NOT LISTED FOR SALE

20 Cactus Dr Key West, FL 33040

Estimated Value: $2,662,000 - $3,374,000

6 Beds
4 Baths
3,324 Sq Ft
$873/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $2,450,000 $737 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $17,651/month

35 Days on Market

About This Home

As of March 2024

This exceptional open water point lot home, occupying a vast 37,625 SF lot, is ideally located just 10 minutes from Key West. Enjoy the luxury of a private pool and beach, offering unparalleled sunset views over the Gulf and the clear waters of the Florida Keys. The home, a concrete block structure (CBS) with 3,324 SF, provides 6 bedrooms and 3.5 bathrooms, ensuring ample space for both family and guests. Designed with a focus on entertainment, this property features expansive covered porches and balconies across two levels, complemented by inviting outdoor dining areas, even a Tiki hut. The layout includes a spacious master suite and an additional bedroom on the first floor, with four more bedrooms upstairs, each pair sharing convenient jack-and-jill bathrooms. The sizable garage offers ample space for multiple cars and boats, alongside a covered carport for three additional vehicles and plenty of storage space for recreational gear, complete with a 50 AMP RV plug. Recent enhancements include an updated pool and a new roof in 2018. Built for durability, the home is built to withstand winds up to 175 MPH and is fitted with impact-resistant doors and windows. Inside, you'll find a large great room with captivating views, a luxurious master bath featuring a jetted tub and bidet, and a gourmet kitchen equipped with dual refrigerators, stainless steel appliances and custom cabinetry. Additional highlights include a formal dining room and an impression making two story foyer. Fully gated for privacy and security, the property encompasses an additional 1.2 acres of bay bottom and includes a dock on the canal side. The 'Beach House' offers a practical boat launch making it a truly unique and desirable waterfront property near Key West.

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 01/16/2024

Co-Listed By

Team Spottswood/Vazquez

Truman & Co. (KW) Brokerage Phone: 305-587-3407

Last Buyer's Agent

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 01/16/2024

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,031

Year Built

2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Document Count: 2
  • Fee Includes: None
  • Key Island: Big Coppitt
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 10.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 22031.20
  • Vehicle Storage: Garage, Trailer Storage, Covered Parking, RV Parking Open, Off Street Parking, Guest Parking, Open Parking, Carport
  • Vehicle Storage Cars: 4+
  • Year Built: 2004
  • Alternate Key Number: 1199575
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 37625.00
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3324.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Quartz Countertops, Whirlpool Bath Tub, Walk-in Closet(s), Smoke Alarms, Security System, Entrance Foyer
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator
  • Floor: Tile, Marble
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 6
  • Sq Ft Remarks: Buyer to verify square footage

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Gulf Front, Open Water, Canal Front
  • Waterfront: Yes
  • Construction: CBS, Frame
  • Exterior Features: Chickee Hut, Storage, Sandy Beach, Fencing
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Security: On Premises System
  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE
  • Parcel Number: 00154080-000000
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Mar 11, 2024
Sold by
Reynolds Jerry B and Reynolds Michelle L
Bought by
Timothy R Conley Irrevocable Trust and Conley
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Terri Spottswood
Truman & Co. (KW)
List Price
$3,375,000
Sold Price
$2,450,000
Premium/Discount to List
-$925,000
-27.41%
Views
176
Current Estimated Value
$2,902,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,569
Avg. Annual Appreciation
10.99%

Purchase Details

Listed on
Dec 24, 2014
Closed on
Apr 30, 2015
Sold by
Kelleher John
Bought by
Reynolds Jerry B and Reynolds Michelle L
Seller's Agent
John Takovich
Coldwell Banker Schmitt R.E.
Buyer's Agent
Susan Rich
Exit Realty Florida Keys BPK (KW)
List Price
$1,780,000
Sold Price
$1,480,000
Premium/Discount to List
-$300,000
-16.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$1,100,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 10, 2013
Closed on
Oct 14, 2014
Sold by
Dominguez Frank
Bought by
Kelleher John
Seller's Agent
Sussy Anguera
Prime One Realty
Buyer's Agent
Deborah Prather
London Foster Realty
List Price
$650,000
Sold Price
$930,000
Premium/Discount to List
$280,000
43.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
136.41%
Original Mortgage
$529,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2007
Sold by
Kloza Kenneth F and Kloza Sandra A
Bought by
Dominguez Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 2, 2004
Sold by
Kloza Kenneth F and Kloza Sandra A
Bought by
Baier Michael

Purchase Details

Closed on
Jul 6, 2001
Bought by
Reynolds Jerry B and Reynolds Michelle L

Purchase Details

Closed on
Oct 28, 1996
Sold by
Smith Gertrude R
Bought by
Weech Patricia J
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
Timothy R Conley Irrevocable Trust $2,450,000 None Listed On Document
Reynolds Jerry B $1,480,000 True Title Agency Inc
Kelleher John $930,000 American Prime Title Service
Dominguez Frank $2,700,000 Preferred Choice Title Inc
Baier Michael $15,000 --
Reynolds Jerry B $295,000 --
Weech Patricia J $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reynolds Jerry B $1,100,000
Previous Owner Kelleher John $529,000
Previous Owner Dominguez Frank $1,500,000
Previous Owner Dominguez Frank $500,000
Previous Owner Kloza Kenneth F $481,000
Previous Owner Kloza Kenneth F $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $2,450,000 -12.5% $737 / Sq Ft
02/12/2024 02/12/24 Price Changed $2,800,000 -17.0% $842 / Sq Ft
01/16/2024 01/16/24 For Sale $3,375,000 +128.0% $1,015 / Sq Ft
04/30/2015 04/30/15 Sold $1,480,000 -16.9% $445 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
12/24/2014 12/24/14 For Sale $1,780,000 +91.4% $535 / Sq Ft
10/15/2014 10/15/14 Sold $930,000 +3.3% $245 / Sq Ft
05/09/2014 05/09/14 Price Changed $900,000 +38.5% $237 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $650,000 0.0% $171 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
05/13/2013 05/13/13 Price Changed $650,000 +8.3% $171 / Sq Ft
05/10/2013 05/10/13 For Sale $600,000 -- $158 / Sq Ft
Source: Key West Association 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 $22,031 $2,613,583 $1,677,762 $935,821
2023 $22,031 $3,225,107 $2,244,676 $980,431
2022 $18,183 $2,252,125 $1,272,164 $979,961
2021 $17,572 $1,985,067 $1,106,238 $878,829
2020 $16,438 $1,875,197 $1,055,538 $819,659
2019 $15,850 $1,940,311 $1,110,847 $829,464
2018 $13,399 $1,334,678 $649,094 $685,584
2017 $13,371 $1,343,347 $0 $0
2016 $13,339 $1,300,205 $0 $0
2015 $13,085 $1,227,960 $0 $0
2014 -- $1,201,026 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 608206

Key West Association of REALTORS®

APN: 00154080-000000