NOT LISTED FOR SALE

2502 N Roosevelt Blvd Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $11,449,236

-- Bed
3 Baths
1,388 Sq Ft
$8,249/Sq Ft Est. Value

About This Home

This home is located at 2502 N Roosevelt Blvd, Key West, FL 33040 and is currently estimated at $11,449,236, approximately $8,248 per square foot. 2502 N Roosevelt Blvd is a home located in Monroe County with nearby schools including Poinciana Elementary School, Key West High School, and Grace Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2022
Sold by
Conch Plaza Llc
Bought by
Florida Retail Stores Llc
Current Estimated Value
$11,449,236

Purchase Details

Closed on
Dec 16, 2008
Sold by
Velvet Dream Llc
Bought by
Conch Plaza Llc

Purchase Details

Closed on
Oct 26, 2004
Sold by
Riley Peter E and Foti George L
Bought by
Velvet Dream Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,200,000
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1994
Bought by
Conch Plaza Llc

Purchase Details

Closed on
Dec 1, 1986
Bought by
Conch Plaza Llc

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Florida Retail Stores Llc $11,400,000 --
Conch Plaza Llc $6,600,000 Attorney
Velvet Dream Llc $6,900,000 --
Conch Plaza Llc -- --
Conch Plaza Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conch Plaza Llc $7,866,359
Previous Owner Conch Plaza Llc $1,180,000
Previous Owner Velvet Dream Llc $5,200,000
Source: Public Records

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 $84,518 $9,813,363 $5,098,824 $4,714,539
2023 $84,518 $9,699,155 $5,098,824 $4,600,331
2022 $70,381 $8,859,901 $4,461,471 $4,398,430
2021 $66,516 $7,584,431 $3,186,765 $4,397,666
2020 $61,233 $7,068,101 $3,186,765 $3,881,336
2019 $57,967 $6,915,957 $2,868,089 $4,047,868
2018 $50,519 $5,270,000 $5,270,000 $0
2017 $51,376 $5,270,000 $0 $0
2016 $54,156 $5,270,000 $0 $0
2015 $55,419 $5,270,000 $0 $0
2014 $60,952 $5,595,434 $0 $0
Source: Public Records

Map

Florida Monroe County Key West 33040 Mid Town

2502 N Roosevelt Blvd, Key West, FL

Homes for Sale in Key West, FL

This home is located at 2502 N Roosevelt Blvd, Key West, FL 33040 and is currently estimated at $11,449,236, approximately $8,248 per square foot. 2502 N Roosevelt Blvd is a home located in Monroe County with nearby schools including Poinciana Elementary School, Key West High School, and Grace Lutheran School.

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