NOT LISTED FOR SALE

260 4th St Key West, FL 33040

Estimated Value: $1,694,000 - $2,599,000

6 Beds
4 Baths
3,287 Sq Ft
$667/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $1,285,000 $391 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $12,626/month

30 Days on Market

Highlights

  • Airstrip
  • Beach
  • Tennis Courts
  • Coral Shores High School Rated A
  • Dock made with concrete
  • RV or Boat Parking

About This Home

As of May 2019

Live in Half and Rent the Other! Great open floor plan with loft for 4th Sleeping Area, Office or Studio. Quality, concrete construction w/ preferred East facing 60 foot concrete dock with step down, 2 fish cleaning stations & dock ladder. Relax or entertain on spacious balconies or covered patio. Please laundry room and extra storage room below. Plenty of parking (some covered) for trailers / RV. 100 ft wide, deep canal located only 5 minutes to the open ocean & 10 mins to open Gulf. This has everything you want in Key Colony where you walk or bike the entire city to the marina, golf course, post office, restaurants, tennis, pickle ball, horseshoes, bocce ball, 3 playgrounds, Cabana Club & Sunset Park!

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 03/14/2019

Ocean Sotheby's International

Last Buyer's Agent

Judy Cinque

Key Colony Beach Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,559

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 6,600 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 3,287 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • French Doors
  • Storage
  • Canal Views
  • Monitored

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Airstrip
  • Seawall
  • Dock made with concrete
  • Tennis Courts
  • Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00073030-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision
  • RV Parking in Community

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,559

Year Built

Built in 1992 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Airstrip, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7558.86
  • Vehicle Storage: Open Parking, RV Parking Open, Covered Parking, Off Street Parking, Guest Parking
  • Year Built: 1992
  • Alternate Key Number: 1077101
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6600.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Bahama, Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 3287.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Dade County Pine, Storage, Pantry, Cathedral Ceilings
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Windows/Doors: French Doors, Other Windows/Doors
  • Total Bedrooms: 6

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify, Community Swr Plant

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00073030-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
Jun 3, 2019
Sold by
250 & 260 4Th Street Realty Trust
Bought by
Equilease Limited Properties I
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Judy Cinque
Key Colony Beach Realty
List Price
$1,398,000
Sold Price
$1,285,000
Premium/Discount to List
-$113,000
-8.08%
Current Estimated Value
$2,193,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$908,220
Avg. Annual Appreciation
8.36%

Purchase Details

Closed on
Nov 26, 2012
Sold by
Willoughby David
Bought by
Willoughby David and 250 & 260 4Th Street Realty Trust

Purchase Details

Closed on
Jun 7, 2012
Sold by
Supplee Theodore H and Supplee Corrine O
Bought by
Equity Trust Company and David Willoughby Ira Z127947

Purchase Details

Closed on
Feb 1, 1971
Bought by
Equity Trust Co Fbo David Willoughby Ira Z127
Source: Public Records
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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
Equilease Limited Properties I $1,285,000 None Listed On Document
Willoughby David -- Attorney
Equity Trust Company $825,000 Attorney
Equity Trust Co Fbo David Willoughby Ira Z127 $6,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $1,285,000 -8.1% $391 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $1,398,000 -- $425 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

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
2025 $14,571 $1,438,560 $729,300 $709,260
2024 $13,168 $1,629,353 $908,820 $720,533
2023 $13,168 $1,427,652 $698,214 $729,438
2022 $11,677 $1,197,721 $449,856 $747,865
2021 $10,767 $981,744 $318,648 $663,096
2020 $10,430 $983,414 $304,590 $678,824
2019 $9,999 $938,430 $308,880 $629,550
2018 $9,038 $874,840 $310,613 $564,227
2017 $8,461 $834,651 $0 $0
2016 $8,493 $805,705 $0 $0
2015 $7,822 $728,096 $0 $0
2014 $8,050 $731,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 584782

APN: 00073030-000000