NOT LISTED FOR SALE

329 William St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $3,663,689

6 Beds
7 Baths
2,294 Sq Ft
$1,597/Sq Ft Est. Value

Last Sold December 31, 2024

Last sale price $3,600,000 $1,569 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $20,551/month

234 Days on Market

About This Home

As of December 2024

Welcome to the Seaport Inn, where timeless island charm meets modern comfort in the heart of Old Town Key West. With six luxurious bedrooms, each boasting en suite bathrooms and kitchen facilities, this historic gem offers unparalleled convenience and privacy. Whether you seek a tranquil retreat or an investment opportunity, the Seaport Inn beckons with its unique features. Prime Location: Situated just one block from the iconic Historic Seaport boardwalk and a mere three blocks from the vibrant energy of Duval Street. Flexible Rental Options: With two transient rental licenses and four non-transient rental licenses, this property presents a myriad of rental possibilities. Excellent opportunity for vacation rentals or consider the long term and/or employee rental possibilities. Expansive Lot & Outdoor Oasis: Spanning over 5000 square feet, the Seaport Inn boasts ample space for relaxation and entertainment. Take a refreshing dip in the large pool, sip cocktails at the inviting tiki bar, or bask in the serenity of lush tropical landscaping. Historic Charm: Steeped in history and architectural beauty, the Seaport Inn exudes timeless charm and character. Immerse yourself in the rich heritage of Key West while enjoying modern amenities and comforts.Perfect for savvy investors, hospitality entrepreneurs, or those seeking a slice of paradise to call their own, the Seaport Inn offers a rare opportunity to own a piece of Key West's storied past while embracing its vibrant present. Don't miss your chance to experience the quintessential island lifestyle at the Seaport Inn.

Last Agent to Sell the Property

Greg Gordon

Island Home Realty Inc. Listed on: 04/09/2024

Last Buyer's Agent

Rodney Culiver

Last Key Realty, Inc (KW) License #SL3426316

Property Details

Home Type

Multi-Family

Year Built

1892

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 16392.99
  • Title: Negotiable
  • Year Built: 1892
  • Alternate Key Number: 1003417
  • Cooling Heating: Heat Pump, Ductless, Ceiling Fans(s)
  • Lot Sq Ft: 5373.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony, Patio
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 6
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 2294.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Dade County Pine, Window Treatments, Smoke Alarms, Fire Sprinkler
  • Total Bathrooms: 7.00
  • Full Bathrooms: 6
  • Appliances: Refrigerator, Microwave, Range
  • Floor: Combo
  • Half Bathrooms: 1
  • Total Bedrooms: 6

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Bar, Sprinkler System, Privacy Wall/Fence, Outdoor Shower, Fencing, Chickee Hut
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,0.2 PCT ANNUAL CH
  • Parcel Number: 00003280-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Dec 31, 2024
Sold by
329 William Street Llc
Bought by
Inspira Financial Trust and Abrahamson Peter J
Seller's Agent
Greg Gordon
Island Home Realty Inc.
Buyer's Agent
Rodney Culiver
Last Key Realty, Inc (KW)
List Price
$4,199,000
Sold Price
$3,600,000
Premium/Discount to List
-$599,000
-14.27%
Views
47
Current Estimated Value
$3,663,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,689
Avg. Annual Appreciation
1.67%
Original Mortgage
$2,100,000
Outstanding Balance
$1,961,457
Interest Rate
6.84%
Mortgage Type
Seller Take Back
Estimated Equity
$1,702,232

Purchase Details

Closed on
Jun 24, 2019
Sold by
Krumel Courtney B and Charles B Krumel Living Trust
Bought by
329 William Street Llc

Purchase Details

Closed on
Apr 4, 2016
Sold by
Mentonis George J and Mentonis Patricia A
Bought by
Krumel Courtney and The Charles B Krumel Living Trust

Purchase Details

Closed on
Nov 17, 2009
Sold by
Krumel Charles B
Bought by
Krumel Charles B and Charles B Krumel Living Trust

Purchase Details

Closed on
May 14, 2003
Sold by
Chodzin Nancy H
Bought by
Krumel Charles B and Krumel Linda

Purchase Details

Closed on
Aug 24, 2000
Sold by
Chodzin Michael S and Chodzin Nancy H
Bought by
Chodzin Nancy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 1985
Bought by
Krumel Charles B Living Trust 3/2005
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Inspira Financial Trust $3,600,000 None Listed On Document
Inspira Financial Trust $3,600,000 None Listed On Document
329 William Street Llc -- Attorney
Krumel Courtney $7,500 Attorney
Krumel Charles B -- Attorney
Krumel Charles B $875,000 --
Chodzin Nancy H -- --
Krumel Charles B Living Trust 3/2005 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inspira Financial Trust $2,100,000
Closed Inspira Financial Trust $2,100,000
Previous Owner Chodzin Nancy H $0
Previous Owner Chodzin Nancy H $280,000
Previous Owner Chodzin Nancy H $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2024 12/31/24 Sold $3,600,000 -10.0% $1,569 / Sq Ft
11/29/2024 11/29/24 Pending -- -- --
06/12/2024 06/12/24 Price Changed $3,999,999 -4.7% $1,744 / Sq Ft
04/09/2024 04/09/24 For Sale $4,199,000 -- $1,830 / 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
2025 $18,323 $2,935,280 $1,614,404 $1,320,876
2024 $16,393 $2,093,280 $1,046,640 $1,046,640
2023 $16,393 $1,681,421 $1,008,853 $672,568
2022 $16,010 $1,678,855 $1,007,313 $671,542
2021 $15,383 $1,512,482 $756,241 $756,241
2020 $15,982 $1,588,517 $714,833 $873,684
2019 $14,864 $1,448,938 $724,469 $724,469
2018 $14,264 $1,355,411 $677,705 $677,706
2017 $15,094 $1,421,837 $0 $0
2016 $15,852 $1,421,837 $0 $0
2015 $16,282 $1,421,837 $0 $0
2014 $16,869 $1,421,837 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Greg Gordon

    Island Home Realty Inc.

    Section Image
  • Rodney Culiver

    Buyer's Agent in 2024

    Rodney Culiver

    Last Key Realty, Inc (KW)

    (305) 292-6266

    11 in this area

    54 Total Sales

    Rodney Culiver
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 609512

Key West Association of REALTORS®

APN: 00003280-000000

Florida Monroe County Key West 33040 Old Town

329 William St, Key West, FL

Not Listed for Sale

MultiFamily

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