NOT LISTED FOR SALE

33 Sunset Key Dr Key West, FL 33040

Estimated Value: $4,964,439 - $6,115,000

3 Beds
4 Baths
2,804 Sq Ft
$1,946/Sq Ft Est. Value

Last Sold March 06, 2019

Last sale price $4,250,000 $1,516 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $35,571/month

421 Days on Market

Highlights

  • Boat Dock
  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • Beach
  • Tennis Courts
  • Island Location

About This Home

As of March 2019

This grand waterfront home offers a stately open living area with tile floors, soaring ceilings and incredible views of Key West Harbor from the private waterfront pool and open balcony. The gourmet island kitchen features granite counter tops, custom cabinets and top-of-the-line appliances. Four spacious bedrooms including the master suite offers a cozy sitting area and private porch. Attention to detail was not overlooked in the construction of this private island residence. Cocooned by lush tropical gardens with paver driveway and ideally located just steps for the ocean. Enjoy all that private island living has to offer on Sunset Key.

Last Agent to Sell the Property

Robert Cardenas

Ocean Sotheby's International Realty Listed on: 01/02/2018

Last Buyer's Agent

Bob Cardenas

Ocean Sotheby's International Realty License #3406183

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,346

Year Built

  • Built in 2002

Lot Details

  • 7,076 Sq Ft Lot
  • Property fronts gulf or ocean
  • Fenced
  • Property is zoned HPRD - Hist Planned Redevelopment & Dev Dist

HOA Fees

  • $3,214 Monthly HOA Fees

Parking

  • Garage

Property Views

  • Ocean
  • Gulf

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,804 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Heated In Ground Pool
  • First Come-First Served Dock
  • Dock Facilities
  • Tennis Courts
  • Balcony
  • Exterior Lighting
  • Shed

Location

  • Island Location

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00000200-000531

Community Details

Overview

  • Association fees include common area mnt, security
  • Sunset Key Island Unrcd Subdivision
  • Rental Restrictions

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,346

Year Built

Built in 2002

Lot Details

0

HOA Fees

$3,214 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 9643.35
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Security
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Sunset Key
  • Limited Representation: No
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Other Area Features, Fire Hydrant, Community Dockage, Bike Paths
  • Off Shore Island: Yes
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 39346.00
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Garage
  • Year Built: 2002
  • Alternate Key Number: 8885296
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 7076.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2804.00
  • Pre Wired: Cable
  • Pre Wired Other: YES
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Fire Sprinkler
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Microwave, Refrigerator, Range, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Sliding Glass Doors, Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Dock Privileges, First Come Dock
  • Waterfront: Gulf Front, Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Shed, Lighting
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Ocean View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00000200-000531
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2018
Closed on
Mar 8, 2019
Sold by
Watkins Thomas S and Watkins Debra M
Bought by
Dr Sunset Llc
Seller's Agent
Robert Cardenas
Ocean Sotheby's International Realty
Buyer's Agent
Robert Cardenas
Ocean Sotheby's International Realty
List Price
$5,000,000
Sold Price
$4,250,000
Premium/Discount to List
-$750,000
-15%
Current Estimated Value
$5,457,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,207,480
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Dec 26, 2012
Sold by
Watkins Thomas S and Watkins Debra M
Bought by
Watkins Thomas S and Watkins Debra M

Purchase Details

Closed on
Jun 4, 2008
Sold by
Davenport Glenn and Davenport Hollyce
Bought by
Watkins Thomas S and Watkins Debra M

Purchase Details

Closed on
Jan 7, 2004
Sold by
Christal Gloria H
Bought by
Davenport Glenn and Davenport Hollyce

Purchase Details

Closed on
Aug 15, 2002
Bought by
Watkins Thomas S Irrevocable Trust

Purchase Details

Closed on
Mar 1, 1996
Bought by
Watkins Thomas S Irrevocable Trust
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
Dr Sunset Llc $4,250,000 None Listed On Document
Watkins Thomas S -- Attorney
Watkins Thomas S $4,667,100 None Available
Davenport Glenn $796,428 --
Watkins Thomas S Irrevocable Trust $2,130,000 --
Watkins Thomas S Irrevocable Trust $274,300 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2019 03/06/19 Sold $4,250,000 -15.0% $1,516 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
01/02/2018 01/02/18 For Sale $5,000,000 -- $1,783 / 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 $45,159 $5,248,951 $4,145,121 $1,103,830
2024 $43,945 $5,425,775 $4,489,952 $935,823
2023 $43,945 $5,401,229 $4,489,952 $911,277
2022 $40,587 $5,281,870 $4,359,524 $922,346
2021 $37,286 $4,209,008 $3,492,979 $716,029
2020 $41,494 $4,702,441 $3,970,025 $732,416
2019 $42,146 $4,733,725 $3,970,025 $763,700
2018 $42,732 $4,697,051 $3,891,800 $805,251
2017 $40,986 $4,529,193 $0 $0
2016 $41,813 $4,788,136 $0 $0
2015 $40,970 $4,898,088 $0 $0
2014 $34,493 $3,278,176 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578052

Florida Keys Board of REALTORS®

APN: 00000200-000531