NOT LISTED FOR SALE

Estimated Value: $895,000 - $1,093,000

2 Beds
1.5 Baths
980 Sq Ft
8 Acres

Last Sold October 17, 2023

Last sale price $840,000 $857 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,806/month

11 Days on Market

Highlights

  • Airstrip
  • Beach
  • 8 Acre Lot
  • Ocean Front
  • Concrete Pool
  • Clubhouse

About This Home

As of October 2023

This is your opportunity to have the Key West lifestyle with all the amenities. This south facing, first floor corner unit has an exceptional rare bonus fenced in yard!! Located near the airport and across the street from Smathers Beach that offers all the beach activities: parasail, kayaks, paddleboards, sailboats, food trucks, chairs and umbrellas. Condo has been recently updated with new vinyl flooring and new kitchen cabinets and countertop. Newer FAA soundproof and hurricane resistant doors and windows, AC ductless mini-splits, and bathroom. This luxury complex offers gated security, 2 pools, 2 tennis courts, club house with recreation room available for events, laundry rooms, pet friendly walkways, shuffle board and more. Condo fee includes flood insurance, building and ground maintenance. Front patio is added outside space with direct access to parking. Enjoy the side patio/yard with an outdoor dining or lounging set to have your morning coffee or evening cocktails. Entryway to beach is only steps away from your door. Close to many restaurants and an ideal location to everything. Rentals are allowed after one year of ownership and for a minimum of 2 months.

Last Agent to Sell the Property

Debra Farrell

Island Welcome Real Estate License #3020493 Listed on: 09/21/2023

Last Buyer's Agent

Jaylene Leonbruno

BHHS Florida Realty License #3480314

BHHS Florida Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,372

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • Fenced

Home Design

  • Tar and Gravel Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 980 Sq Ft Home
  • Multi-Level Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Vinyl Flooring
  • Ocean Views
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Home Security

Parking

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

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Airstrip
  • Balcony
  • Patio
  • Exterior Lighting

Utilities

  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00065142-000100

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include bldg exterior mnt, security, common area mnt, building insurance
  • 206 Units
  • Key West By The Sea Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Beach
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,372

Year Built

Built in 1967 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 666.18
  • Mandatory HOA: Yes
  • Document Count: 2
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt, 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: Community Pool, Bike Paths, Airstrip, Beach, Manager on Premises, Tennis Courts, Clubhouse
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4371.61
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1967
  • Alternate Key Number: 1066346
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 348500.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 6 Stories
  • Estimated Living Sq Ft: 980.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Quartz Countertops, Window Treatments, Split Bedroom
  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Floor: Vinyl
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Glass Doors, Impact Rstnce Window, Impact Rstnce Doors, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: Concrete
  • Exterior Features: Fencing, Tennis Court(s), Lighting
  • Roof: Tar/Gravel Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer
  • Heating: Ductless

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE
  • Parcel Number: 00065142-000100
  • Lot Size: 8 acres
  • Land Size: 5 Less Than 10 Acres
  • Acres: 8.00

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished, Negotiable

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 206.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2009
Sold by
Harman Willard J and Harman Zona V
Bought by
Miani Phillip N
Current Estimated Value
$989,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1993
Bought by
Miani Phillip N

Purchase Details

Closed on
Feb 1, 1975
Bought by
Miani Phillip N
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
Miani Phillip N $235,000 Chicago Title Of The Florida
Miani Phillip N $104,000 --
Miani Phillip N $29,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miani Phillip N $99,000
Open Miani Phillip N $270,000
Closed Miani Phillip N $164,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2023 10/17/23 Sold $840,000 -4.0% $857 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $875,000 +71.6% $893 / Sq Ft
05/10/2021 05/10/21 Sold $510,000 -1.9% $520 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/12/2021 03/12/21 Price Changed $520,000 -3.5% $531 / Sq Ft
02/03/2021 02/03/21 Price Changed $539,000 -1.8% $550 / Sq Ft
10/09/2020 10/09/20 For Sale $549,000 +39.0% $560 / Sq Ft
02/28/2014 02/28/14 Sold $395,000 -1.0% $403 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
05/11/2013 05/11/13 For Sale $399,000 -- $407 / Sq Ft
Source: Marathon and Lower Keys Association 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 $4,986 $683,372 -- $683,372
2023 $4,986 $624,565 $0 $624,565
2022 $4,372 $519,709 $0 $519,709
2021 $4,017 $409,869 $0 $409,869
2020 $4,001 $409,869 $0 $409,869
2019 $3,860 $391,770 $0 $391,770
2018 $3,637 $364,762 $0 $0
2017 $3,469 $353,375 $0 $0
2016 $3,284 $302,035 $0 $0
2015 $3,324 $336,500 $0 $0
2014 $3,179 $309,812 $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: 606721

APN: 00065142-000100