$685,000
SOLD MAR 24, 2025
1 Bed
1 Bath
513 Sq Ft
5 Acres

Recently Sold

$1,335 Per Sq Ft

9% Below List Price

50 Days on Market

About This Home

As of March 2025

This charming transient licensed condominium is nestled in the Shipyard community of Truman Annex, offering a tranquil retreat just a 5-minute walk from the vibrant Duval Street. With its transiently licensed upstairs unit, this property provides the perfect balance of relaxation and proximity to the city's action. The gated community boasts a deeded parking spot and a pool, while the nearby Truman Waterfront Park offers a range of recreational activities and cultural events, making it an ideal choice for those seeking a peaceful yet convenient Key West lifestyle. Offered turn key! This property is an active vacation rental.

Last Agent to Sell the Property

Justyn Ewald

Expert Realty LLC (HQ) License #3363807 Listed on: 01/09/2025

Last Buyer's Agent

Elizabeth Chamberlain

Truman & Co. (KW) License #658990

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,594

Year Built

1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1130.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Exterminating
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 5657.96
  • Vehicle Storage: Off Street Parking
  • Year Built: 1991
  • Alternate Key Number: 8779348
  • Pool Info: In Ground
  • Association Maintenance Fee Per: Monthly
  • License Info Number Of City License: 1
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 513.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Appliances Other: YES
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate, Patrolled Area, Manned Gate
  • Utilities: Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Mar 24, 2025
Sold by
Chau Enrique and Rocha Kenia
Bought by
Kafka-Jusufbegovic Vladana and Jusufbegovic Edin
Seller's Agent
Justyn Ewald
Expert Realty LLC (HQ)
Buyer's Agent
Elizabeth Chamberlain
Truman & Co. (KW)
List Price
$749,000
Sold Price
$685,000
Premium/Discount to List
-$64,000
-8.54%
Views
58
Current Estimated Value
$701,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,096
Avg. Annual Appreciation
5.21%

Purchase Details

Listed on
Nov 24, 2020
Closed on
Feb 16, 2021
Sold by
Honeycutt Michael and Garrison Andrea
Bought by
Chau Enrique and Rocha Kenia
Seller's Agent
Mike Caron
Keller Williams Key West Compass Realty
Buyer's Agent
Justyn Ewald
Expert Realty LLC (HQ)
List Price
$625,000
Sold Price
$612,000
Premium/Discount to List
-$13,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$428,400
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2015
Sold by
Roy Carl and Roy Sandra R
Bought by
Huneycutt Michael and Garrison Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2003
Sold by
Roy Carl and Roy Sandra R
Bought by
Roy Ii Carl and Roy Sandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1996
Sold by
Russell Philip M
Bought by
Roy Ii Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
8.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 1994
Sold by
Coffield Kelly M and Coffield Leigh A
Bought by
Russell Philip M

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
8.74%

Purchase Details

Closed on
Nov 1, 1992
Bought by
Honeycutt Michael

Purchase Details

Closed on
Oct 1, 1990
Bought by
Honeycutt Michael
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $685,000 None Listed On Document
Warranty Deed $685,000 None Listed On Document
Warranty Deed $612,000 Attorney
Warranty Deed $500,000 Attorney
Interfamily Deed Transfer -- --
Warranty Deed $149,000 --
Warranty Deed $125,000 --
Warranty Deed $93,000 --
Warranty Deed $74,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $428,400 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $135,000 New Conventional
Previous Owner $135,000 Purchase Money Mortgage
Previous Owner $139,000 New Conventional
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Sold $685,000 0.0% $1,335 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/25/2025 02/25/25 Off Market $685,000 -- --
01/17/2025 01/17/25 Price Changed $699,000 -6.7% $1,363 / Sq Ft
01/09/2025 01/09/25 For Sale $749,000 +22.4% $1,460 / Sq Ft
02/16/2021 02/16/21 Sold $612,000 -2.1% $1,193 / Sq Ft
11/24/2020 11/24/20 For Sale $625,000 -- $1,218 / 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 $5,594 $657,552 -- $657,552
2023 $5,594 $630,027 $0 $630,027
2022 $4,980 $549,331 $0 $549,331
2021 $4,625 $479,340 $0 $479,340
2020 $4,608 $479,340 $0 $479,340
2019 $4,332 $443,973 $0 $443,973
2018 $4,206 $421,263 $0 $0
2017 $3,925 $383,144 $0 $0
2016 $4,130 $383,144 $0 $0
2015 $3,940 $352,944 $0 $0
2014 -- $352,944 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 613063

Key West Association of REALTORS®

APN: 00013180-000247