NOT LISTED FOR SALE

2603 Flagler Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $735,906 - $1,202,000

2 Beds
2 Baths
1,008 Sq Ft
$959/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $625,000 $620 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,816/month

91 Days on Market

Highlights

  • No HOA
  • Balcony
  • Tile Flooring

About This Home

As of October 2021

Priced below recent appraised value. Excellent opportunity to own a centrally located Duplex in Key West. Each unit is a 1bed/1bath with off st parking and room to park a small boat on each side. Each unit has a small back yard with laundry hookups. Units are separately metered. Centrally located just minutes from shopping, schools, dinning, and beaches.

Last Listed By

Jason Barroso

Century 21 All Keys Inc (KW) License #657307 Listed on: 05/30/2021

Century 21 All Keys Inc (KW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,790

Year Built

  • Built in 1963

Lot Details

  • 5,000

Home Design

  • 1,008 Sq Ft Home
  • Duplex
  • Metal Roof

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

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

Additional Features

  • Oven
  • Balcony
  • 5,000 Sq Ft Lot

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00045960-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Key West Realty Cos Sub Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,790

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3790.40
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1963
  • Alternate Key Number: 1046540
  • Building Style: Other Bldg Style
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1008.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Oven, Refrigerator
  • Floor: Tile, Vinyl
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Water Separate Meter, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00045960-000000
  • Lot Size: 50 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2021
Closed on
Oct 13, 2021
Sold by
Arnold Claudina P and Arnold Louis D
Bought by
Leyla Bans
Seller's Agent
Jason Barroso
Century 21 All Keys Inc (KW)
Buyer's Agent
Baris Leyla
Coastal Collection Real Estate Inc.
List Price
$749,000
Sold Price
$625,000
Premium/Discount to List
-$124,000
-16.56%
Total Days on Market
91
Current Estimated Value
$966,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,227
Avg. Annual Appreciation
6.91%
Original Mortgage
$500,000
Outstanding Balance
$463,795
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$332,271

Purchase Details

Closed on
Jan 21, 2019
Sold by
Arnold Louis and Arnold Claudina
Bought by
Arnold Louis D and Arnold Claudina P

Purchase Details

Closed on
Oct 22, 2001
Sold by
Thomas A Waite I
Bought by
Clark Craig and Clark Robin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 1972
Bought by
Arnold Louis and Arnold Claudina

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
Leyla Bans $625,000 Attorney
Arnold Louis D -- Attorney
Clark Craig $255,000 --
Arnold Louis $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leyla Bans $500,000
Previous Owner Clark Craig $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $625,000 -3.7% $620 / Sq Ft
08/22/2021 08/22/21 Price Changed $649,000 -4.4% $644 / Sq Ft
07/29/2021 07/29/21 Price Changed $679,000 -2.9% $674 / Sq Ft
07/06/2021 07/06/21 Price Changed $699,000 -6.7% $693 / Sq Ft
05/30/2021 05/30/21 For Sale $749,000 -- $743 / 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 $4,891 $540,977 -- --
2023 $4,891 $514,603 $0 $0
2022 $4,678 $499,615 $312,000 $187,615
2021 $4,122 $393,976 $238,000 $155,976
2020 $3,790 $353,068 $236,000 $117,068
2019 $3,463 $297,921 $179,000 $118,921
2018 $3,619 $318,921 $200,000 $118,921
2017 $3,466 $306,773 $0 $0
2016 $3,441 $302,091 $0 $0
2015 $3,317 $282,196 $0 $0
2014 $3,005 $208,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jason Barroso

    Century 21 All Keys Inc (KW)

    (305) 304-3473

    3 in this area

    9 Total Sales

    Jason Barroso
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jessica Barroso

    Century 21 All Keys Inc (KW)

    3 in this area

    9 Total Sales

    Jessica Barroso
    Section Image
  • Baris Leyla

    Buyer's Agent in 2021

    Baris Leyla

    Coastal Collection Real Estate Inc.

    (305) 407-0314

    8 in this area

    50 Total Sales

    Baris Leyla
    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596304

Florida Keys Board of REALTORS®

APN: 00045960-000000

Florida Monroe County Key West 33040 Mid Town

2603 Flagler Ave, Key West, FL

Homes for Sale in Key West, FL

This home is located at 2603 Flagler Ave, Key West, FL 33040 since 30 May 2021 and is currently estimated at $966,227, approximately $958 per square foot. This property was built in 1963. 2603 Flagler Ave is a home located in Monroe County with nearby schools including Poinciana Elementary School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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