NOT LISTED FOR SALE

26 Sunset Key Dr Key West, FL 33040

Estimated Value: $4,660,000 - $7,605,000

4 Beds
3 Baths
3,262 Sq Ft
$1,755/Sq Ft Est. Value

Last Sold September 03, 2015

Last sale price $5,000,000 $1,533 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $37,832/month

40 Days on Market

Highlights

  • Ocean Front
  • Dock Facilities
  • Concrete Pool

About This Home

As of September 2015

This stunning home is located on the world-famous private island of Sunset Key. Take in one of the most stunning waterfront views of Key West as you lounge beside your private pool, or spend some time relaxing on one of Sunset Key's 3 beaches. When you're done relaxing and are in the mood for some excitement, Historic Downtown Key West and all that it offers is just a 3 minute ferry ride away. This home truly an amazing slice of Island Life.

Last Agent to Sell the Property

Robert Cardenas

Ocean Sotheby's International Realty Listed on: 07/23/2015

Last Buyer's Agent

368903 368903

10162 00

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,466

Year Built

  • Built in 2000

Lot Details

  • 8,433 Sq Ft Lot
  • Ocean Front

HOA Fees

  • $3,712 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 3,262 Sq Ft Home
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Covered Parking

Outdoor Features

  • Concrete Pool
  • First Come-First Served Dock
  • Dock Facilities

Community Details

  • Association fees include common area mnt
  • Sunset Key Island Unrcd Subdivision
  • The community has rules related to deed restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,466

Year Built

Built in 2000

Lot Details

0

HOA Fees

$3,712 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 11136.36
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt
  • Financial Status Potential Short Sale: No
  • Key Island: Sunset Key
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 37466.00
  • Vehicle Storage: Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2000
  • Alternate Key Number: 8962922
  • Lot Sq Ft: 8433.00
  • Pool Info: Concrete
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3262.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer, Disposal
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Dock Privileges, First Come Dock
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: Frame
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2015
Closed on
Sep 1, 2015
Sold by
Grossman Sturat
Bought by
The William E Reising & Bonnie H Reising
Seller's Agent
Robert Cardenas
Ocean Sotheby's International Realty
Buyer's Agent
368903 368903
10162 00
List Price
$5,000,000
Sold Price
$5,000,000
Current Estimated Value
$5,725,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$725,111
Avg. Annual Appreciation
1.34%
Original Mortgage
$3,750,000
Outstanding Balance
$2,823,681
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,901,431

Purchase Details

Closed on
Apr 6, 2000
Sold by
Sunset Acquistions Corporation
Bought by
Grossman Stuart and Grossman Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.34%
Mortgage Type
New Conventional
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
The William E Reising & Bonnie H Reising $5,000,000 Attorney
Grossman Stuart $1,525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The William E Reising & Bonnie H Reising $3,750,000
Previous Owner Grossman Stuart $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2015 09/03/15 Sold $5,000,000 0.0% $1,533 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $5,000,000 -- $1,533 / 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 $49,831 $6,110,927 $4,928,923 $1,182,004
2023 $49,831 $6,065,826 $4,928,923 $1,136,903
2022 $45,999 $5,935,748 $4,785,743 $1,150,005
2021 $42,576 $4,825,771 $3,834,478 $991,293
2020 $47,136 $5,361,214 $4,358,164 $1,003,050
2019 $47,673 $5,372,971 $4,358,164 $1,014,807
2018 $45,650 $5,032,608 $4,222,218 $810,390
2017 $44,792 $4,849,729 $0 $0
2016 $50,631 $5,179,019 $0 $0
2015 $44,549 $5,346,223 $0 $0
2014 $37,466 $3,573,442 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robert Cardenas

    Ocean Sotheby's International Realty

  • 3

    Buyer's Agent in 2015

    368903 368903

    10162 00

  • B

    Buyer's Agent in 2015

    Bob Cardenas

    Ocean Sotheby's International

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 121932

Florida Keys Board of REALTORS®

APN: 00000200-000526

Florida Monroe County Key West 33040

26 Sunset Key Dr, Key West, FL

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