NOT LISTED FOR SALE

2601 N Roosevelt Blvd Unit 501A Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $752,000 - $1,010,000

2 Beds
1 Bath
980 Sq Ft
8 Acres

Last Sold February 07, 2020

Last sale price $550,000 $561 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,795/month

147 Days on Market

Highlights

  • Ocean Front
  • Sandy Beach
  • Heated In Ground Pool
  • Beach
  • Gated with Attendant
  • 8 Acre Lot

About This Home

As of February 2020

Enjoy FABULOUS ocean & beach views from this OCEANFRONT, end unit! Watch the sailboats & cruise ships slip in and out of Key West Harbor. This bright open condo at Key West by the Sea, with 2 pools, 2 tennis courts and 8 lushly landscaped acres. All new doors, windows, slider and central AC will be installed in 2021 at NO COST to the owners nor the Association. Government funded project. Call now to see this piece of Paradise

Last Agent to Sell the Property

Patricia McGrath

Century 21 Schwartz Realty (KW) Listed on: 08/08/2019

Co-Listed By

Moe Smyth

Coldwell Banker Schmitt RE Co.

Last Buyer's Agent

Moe Smyth

Century 21 Island Life BPK

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,263

Year Built

  • Built in 1967

Lot Details

  • Ocean Front
  • Sandy Beach
  • Fenced

Home Design

  • Entry on the 5th floor
  • Tar and Gravel Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 980 Sq Ft Home
  • Multi-Level Property
  • Tile Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Electric Gate
  • Open Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Outdoor Water Feature
  • Exterior Lighting
  • Gazebo
  • Tiki or Chickee Hut

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 60
  • Assessor Parcel Number 00065141-004400

Community Details

Overview

  • Property has a Home Owners Association
  • $613 Maintenance Fee
  • Association fees include bldg exterior mnt, security, common area mnt, cable, building insurance
  • Key West By The Sea Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,263

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Maintenance Fee: 612.56
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt, Cable, Building Insurance
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 60.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Manager on Premises, Tennis Courts, Clubhouse, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3263.26
  • Vehicle Storage: Off Street Parking, Open Parking
  • Year Built: 1967
  • Alternate Key Number: 1066117
  • Cooling Heating: Wall/Window Unit(s)
  • Pool Info: Decked, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 6 Stories
  • Estimated Living Sq Ft: 980.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Amenities: Elevator, Granite Counter Top
  • Floor Number: 5.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Oven, Refrigerator, Range, Microwave
  • Floor: Tile
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Concrete
  • Exterior Features: Chickee Hut, Water Display, Sandy Beach, Tennis Court(s), Outdoor Shower, Fencing, Lighting, Gazebo
  • Roof: Tar/Gravel Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Secured Building, On Premises System, Manned Gate
  • Utilities: Cable Available, Water Separate Meter, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,VE
  • Parcel Number: 00065141-004400
  • Land Size: 5 Less Than 10 Acres
  • Acres: 8.00

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Jan 28, 2020
Sold by
Cook David H and Cook David H
Bought by
Smyth Maureen
Seller's Agent
Patricia McGrath
Century 21 Schwartz Realty (KW)
Buyer's Agent
Moe Smyth
Coldwell Banker Schmitt RE Co.
List Price
$590,000
Sold Price
$550,000
Premium/Discount to List
-$40,000
-6.78%
Current Estimated Value
$842,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,284
Avg. Annual Appreciation
8.00%

Purchase Details

Closed on
Mar 1, 1993
Bought by
Cook David H

Purchase Details

Closed on
Jul 1, 1989
Bought by
Cook David H

Purchase Details

Closed on
Mar 1, 1985
Bought by
Cook David H

Purchase Details

Closed on
Feb 1, 1975
Bought by
Cook David H
Source: Public Records

Range of Values:

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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
Smyth Maureen $550,000 First International Ttl Inc
Cook David H $157,700 --
Cook David H $200,000 --
Cook David H $115,000 --
Cook David H $34,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cook Ii David Hall $241,815
Previous Owner Cook Ii David H $265,000
Previous Owner Cook Ii David H $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $550,000 -6.8% $561 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
11/20/2019 11/20/19 For Sale $590,000 0.0% $602 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $590,000 -- $602 / 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 $4,162 $502,958 -- --
2023 $4,162 $488,309 $0 $0
2022 $4,017 $474,087 $0 $0
2021 $4,098 $460,279 $0 $460,279
2020 $4,312 $472,453 $0 $472,453
2019 $4,099 $463,266 $0 $463,266
2018 $3,822 $419,776 $0 $0
2017 $3,674 $414,297 $0 $0
2016 $3,612 $396,200 $0 $0
2015 $3,415 $362,000 $0 $0
2014 $3,179 $309,812 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586939

Florida Keys Board of REALTORS®

APN: 00065141-004400