NOT LISTED FOR SALE

2601 N Roosevelt Blvd Unit 504A Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $620,639 - $705,000

1 Bed
1 Bath
754 Sq Ft
8 Acres

Last Sold May 28, 2020

Last sale price $425,000 $564 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,958/month

274 Days on Market

Highlights

  • Ocean Front
  • Building Security System
  • Outdoor Water Feature
  • Beach
  • Clubhouse
  • Gazebo

About This Home

As of May 2020

OCEANFRONT! Watch the sunrises and sunsets from this very desirable unit at Key West by the Sea! Complex has 2 pools, 2 tennis courts and 8 lush acres of land. New windows, doors, slider and central air are being installed in 2021, at NO COST to owners nor association! Government funded project. Call today to see this 5th floor 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. Lower Keys Office

Last Buyer's Agent

Patricia McGrath

Keller Williams Key West Compass Realty License #3033012

Keller Williams Key West Compass Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,648

Year Built

  • Built in 1967

Lot Details

  • Ocean Front
  • Fenced

Home Design

  • Tar and Gravel Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 754 Sq Ft Home
  • Multi-Level Property
  • Tile Flooring
  • Ocean Views
  • Laundry Room

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 2 Parking Spaces
  • Electric Gate
  • Open Parking
  • Off-Street Parking

Outdoor Features

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00065141-004700

Community Details

Overview

  • Property has a Home Owners Association
  • $500 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

  • Building Security System
  • Resident Manager or Management On Site
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,648

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Maintenance Fee: 499.92
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt, Cable, Building Insurance
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • 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: 2648.11
  • Vehicle Storage: Off Street Parking, Open Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1967
  • Alternate Key Number: 1066141
  • Cooling Heating: Wall/Window Unit(s)
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 6 Stories
  • Estimated Living Sq Ft: 754.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Amenities: Elevator
  • Floor Number: 5.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Range, Stainless Steel Appliance(s), Refrigerator
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 1

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,VE
  • Parcel Number: 00065141-004700
  • Land Size: 5 Less Than 10 Acres

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
May 28, 2020
Sold by
Cook David H
Bought by
Scholz Siegfried F and Scholz Joan C
Seller's Agent
Patricia McGrath
Century 21 Schwartz Realty (KW)
Buyer's Agent
Patricia McGrath
Century 21 Schwartz Realty (KW)
List Price
$480,000
Sold Price
$425,000
Premium/Discount to List
-$55,000
-11.46%
Total Days on Market
274
Current Estimated Value
$671,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,660
Avg. Annual Appreciation
9.98%

Purchase Details

Closed on
May 15, 2006
Sold by
Cook Ruth
Bought by
King Ruth and Cook Ii David H

Purchase Details

Closed on
Feb 1, 1974
Bought by
Cook David H
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 Buyer Sale Price Title Company
Scholz Siegfried F $425,000 First International Ttl Inc
King Ruth -- Attorney
Cook David H $27,600 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2020 05/28/20 Sold $425,000 0.0% $564 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
03/20/2020 03/20/20 Price Changed $425,000 -9.4% $564 / Sq Ft
03/04/2020 03/04/20 Price Changed $469,000 -0.1% $622 / Sq Ft
01/12/2020 01/12/20 Price Changed $469,500 -2.2% $623 / Sq Ft
08/08/2019 08/08/19 For Sale $480,000 -- $637 / 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 $4,725 $560,240 -- $560,240
2023 $4,725 $543,309 $0 $543,309
2022 $4,214 $474,300 $0 $474,300
2021 $3,982 $405,903 $0 $405,903
2020 $3,557 $405,903 $0 $405,903
2019 $3,377 $394,404 $0 $394,404
2018 $3,197 $371,216 $0 $0
2017 $3,058 $359,702 $0 $0
2016 $3,002 $341,795 $0 $0
2015 $2,789 $296,928 $0 $0
2014 $2,695 $270,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586941

Florida Keys Board of REALTORS®

APN: 00065141-004700