NOT LISTED FOR SALE

321 Overseas Hwy Unit A & B Key West, FL 33040

Estimated Value: $766,731 - $1,069,000

4 Beds
4 Baths
1,580 Sq Ft
$609/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $775,000 $491 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,621/month

5 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Patio
  • Guest Parking
  • 1-minute walk to The Park

About This Home

As of August 2022

Income producing property or employee housing located at Mile Marker 10, just 10 minutes outside of Key West! This duplex sits on a 7500 square foot lot and features a private gate and plenty of parking. A private front porch and back porch accompany each unit. Great opportunity for a residence/business combination with Highway visibility.

Last Agent to Sell the Property

The Krystal Thomas Team

Preferred Properties (KW) License #SL3293981 Listed on: 07/15/2022

Last Buyer's Agent

Matthew Sheehan

Ocean Sotheby's International Realty License #3400684

Ocean Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,268

Year Built

  • Built in 1966

Lot Details

  • 7,500 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,580 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Off-Street Parking

Utilities

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

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 00149460-000000

Community Details

Overview

  • No Home Owners Association
  • Coppitt Sub Amd Subdivision
  • Rental Restrictions

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,268

Year Built

Built in 1966

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
  • Handicap Access: No
  • Key Island: Big Coppitt
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 10.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4268.18
  • Vehicle Storage: Guest Parking, Off Street Parking
  • Year Built: 1966
  • Alternate Key Number: 1194581
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 7500.00
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1580.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dryer, Washer
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Concrete
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00149460-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 22, 2022
Sold by
Jessica Forsythe
Bought by
Sheehan Daniel
Seller's Agent
The Krystal Thomas Team
Preferred Properties (KW)
Buyer's Agent
Matthew Sheehan
Ocean Sotheby's International Realty
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%
Current Estimated Value
$961,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,933
Avg. Annual Appreciation
6.70%
Original Mortgage
$525,000
Outstanding Balance
$500,564
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$461,369

Purchase Details

Closed on
Oct 25, 2021
Sold by
Davidson Corey Lee
Bought by
Forsythe Jessica and Kenna Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 29, 2018
Closed on
Jul 19, 2019
Sold by
Ferrer Oneida F
Bought by
Davidson Corey Lee
Seller's Agent
Cheryl Moore
EXP Realty, LLC
Buyer's Agent
Shannon Butler
Singh Real Estate Co
List Price
$575,000
Sold Price
$515,000
Premium/Discount to List
-$60,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$526,072
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
Aug 19, 2014
Sold by
Ferrer Oneida F
Bought by
Ferrer Oneida F and Rodriguez Mayra

Purchase Details

Closed on
Nov 9, 2006
Sold by
Ferrer Adolfo Luis
Bought by
Ferrer Oneida F

Purchase Details

Closed on
Jan 1, 1986
Bought by
Ferrer Oneida L and Ferrer E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sheehan Daniel $775,000 Oropeza Stones Cardenas Pllc
Forsythe Jessica $655,000 Attorney
Davidson Corey Lee $515,000 Stewart Title Company
Ferrer Oneida F -- Attorney
Ferrer Oneida F -- None Available
Ferrer Oneida L $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheehan Daniel $525,000
Previous Owner Forsythe Jessica $458,500
Previous Owner Davidson Corey Lee $526,072
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2022 08/23/22 Sold $775,000 -3.0% $491 / Sq Ft
07/15/2022 07/15/22 For Sale $799,000 +55.1% $506 / Sq Ft
07/19/2019 07/19/19 Sold $515,000 -10.4% $299 / Sq Ft View Prior Sale
05/27/2019 05/27/19 Pending -- -- --
10/29/2018 10/29/18 For Sale $575,000 -- $334 / 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
2025 $6,794 $640,833 $356,063 $284,770
2024 $6,555 $676,024 $394,875 $281,149
2023 $6,555 $666,707 $384,750 $281,957
2022 $5,727 $569,706 $274,125 $295,581
2021 $4,268 $418,404 $178,500 $239,904
2020 $4,304 $419,490 $176,906 $242,584
2019 $3,320 $336,097 $0 $0
2018 $3,108 $297,933 $0 $0
2017 $3,010 $289,360 $0 $0
2016 $2,145 $209,283 $0 $0
2015 $2,412 $228,105 $0 $0
2014 $2,422 $222,892 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    The Krystal Thomas Team

    Preferred Properties (KW)

  • Matthew Sheehan

    Buyer's Agent in 2022

    Matthew Sheehan

    Ocean Sotheby's International Realty

    (305) 849-9233

    7 in this area

    104 Total Sales

    Matthew Sheehan
    Section Image

  • C

    Seller's Agent in 2019

    Cheryl Moore

    EXP Realty, LLC

    Section Image

  • S

    Buyer's Agent in 2019

    Shannon Butler

    Singh Real Estate Co

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601818

Florida Keys Board of REALTORS®

APN: 00149460-000000

Florida Monroe County Key West 33040

321 Overseas Hwy Unit A & B, Key West, FL

Not Listed for Sale

MultiFamily

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