NOT LISTED FOR SALE

3 Geiger Rd Key West, FL 33040

Estimated Value: $914,136 - $1,297,000

2 Beds
2 Baths
1,200 Sq Ft
$871/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $1,650,000 $1,375 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $5,938/month

3 Days on Market

About This Home

As of December 2023

Spectacular waterfront land directly adjecent to Geiger Key Marina. Almost three quarters of an acre with a single family house that can be rebuilt in place (currently inhabited but with the typical spalling of a 60's era home, so undoubtably a tear-down).Seawall needs to be rebuilt but county records indicate 240 feet of frontage. Truly spectacular location and views with great boating access.

Last Agent to Sell the Property

Dawn Thornburgh

Beach Club Brokers (KW) License #411773 Listed on: 01/13/2023

Last Buyer's Agent

Darlene Thomas

Florida Keys Real Estate Company (KW)

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,943

Year Built

1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Fee Includes: None
  • Key Island: Geiger Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 10.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2917.18
  • Title: Negotiable
  • Year Built: 1966
  • Alternate Key Number: 1156230
  • Lot Sq Ft: 17200.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1200.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: No Appliances
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Combo Construction
  • Waterview: Open Water View
  • Pool: No

Utilities

  • Utilities: Municipal Sewer, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE
  • Parcel Number: 00122180-000000
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.71

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Dec 15, 2023
Sold by
Ware Bert Ovid and Ware Cynthia Ann
Bought by
Geiger Key Resort Propco Llc
Seller's Agent
Dawn Thornburgh
Beach Club Brokers (KW)
Buyer's Agent
Darlene Thomas
Florida Keys Real Estate Company (KW)
List Price
$1,990,000
Sold Price
$1,650,000
Premium/Discount to List
-$340,000
-17.09%
Views
22
Current Estimated Value
$1,044,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$605,216
Avg. Annual Appreciation
-21.12%

Purchase Details

Closed on
Apr 16, 2009
Sold by
Ware Bert Ovid and Ware Ora Louise
Bought by
Ware Ora Louise and Ware Bert Ovid
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Geiger Key Resort Propco Llc $900,000 None Listed On Document
Ware Ora Louise -- Attorney
Ware Ora Louise -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $1,650,000 -17.1% $1,375 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $1,990,000 -- $1,658 / Sq Ft
Source: Key West 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 $2,943 $793,869 $595,829 $198,040
2023 $2,943 $303,154 $0 $0
2022 $2,865 $294,325 $0 $0
2021 $2,917 $285,753 $0 $0
2020 $2,900 $281,808 $0 $0
2019 $2,846 $275,473 $0 $0
2018 $2,852 $270,337 $0 $0
2017 $2,774 $264,777 $0 $0
2016 $2,787 $259,332 $0 $0
2015 $2,862 $257,529 $0 $0
2014 $2,938 $255,485 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 603784

Key West Association of REALTORS®

APN: 00122180-000000