$1,615,000
SOLD NOV 5, 2024

3412 Riviera Dr Key West, FL 33040

New Town Neighborhood
3 Beds
2 Baths
1,360 Sq Ft
7,667 Sq Ft Lot

Recently Sold

$1,188 Per Sq Ft

5% Below List Price

38 Days on Market

About This Home

As of November 2024

Escape to your exclusive waterfront retreat in the heart of Key West. Perfectly positioned just 10 minutes from Old Town and a quick 5-minute boat ride to open waters, this serene sanctuary on the tranquil Riviera Canal offers unmatched privacy with uninterrupted views of a lush Nature Preserve. Imagine waking up to breathtaking sunrises and unwinding with vibrant sunsets, all without the distraction of neighbors across the water.Set on a spacious 7,600 sq. ft. lot with 59 feet of concrete sea wall, this property is a dream for water enthusiasts, providing the perfect launch point for boating, fishing, kayaking, or paddleboarding. The one-level, mid-century home boasts a thoughtfully designed floorplan, featuring 3 bedrooms, 2 full baths, and a versatile water-view room perfect for dining or a cozy den. Modern updates throughout, including a new metal roof (2020) for peace of mind and reduced insurance costs, blend seamlessly with the home's original charm, highlighted by polished terrazzo floors.The kitchen has been recently upgraded with high-end Bosch stainless steel appliances and a Viking 36'' professional gas range, complemented by a Butler's Pantry with cement-style porcelain tiles and abundant prep/storage space. Additional recent improvements include central AC with a Panasonic ERV (2023), foam-insulated attic, a new porch roof (2022), impact-resistant doors and windows, fresh exterior stucco and paint, and interior refreshes.Outside, enjoy an expansive backyard perfect for entertaining, with ample off-street parking, trailer storage, and an 85 sq. ft. shed that could easily transform into your very own tiki bar. Best of all, this home offers direct and fast ocean access with breathtaking views--all at an unbeatable price. Your waterfront paradise awaits.

Last Agent to Sell the Property

Michelle Blades

Realty Executives Florida Keys Old Town License #3184597 Listed on: 09/09/2024

Realty Executives Florida Keys Old Town

Last Buyer's Agent

Madeleine Lowe

Expert Realty LLC (HQ) License #3528269

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,678

Year Built

1963

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: 4
  • Dockage Dock Length: 59
  • Document Count: 1
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 8330.00
  • Title: Negotiable
  • Vehicle Storage: Open Parking, Trailer Storage, Off Street Parking
  • Year Built: 1963
  • Alternate Key Number: 1073806
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 7670.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1360.00
  • Property Condition: Updated/Remodeled
  • 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: Washer, Stainless Steel Appliance(s), Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Terrazzo
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davit Pads, Fixed Bridge
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Shed, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Propane, Municipal Sewer
  • Heating: Electric

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Nov 5, 2024
Sold by
West Richard and West Jennifer
Bought by
Cojolo Llc
Seller's Agent
Michelle Blades
Realty Executives Florida Keys Old Town
Buyer's Agent
Madeleine Lowe
Expert Realty LLC (HQ)
List Price
$1,699,000
Sold Price
$1,615,000
Premium/Discount to List
-$84,000
-4.94%
Views
49
Current Estimated Value
$1,545,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,134
Avg. Annual Appreciation
-4.50%

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 30, 2021
Sold by
Wall Wendell A
Bought by
West Richard and West Jennifer
Seller's Agent
Justyn Ewald
Buy The Keys (KW)
Buyer's Agent
Michelle Blades
Realty Executives Florida Keys Old Town
List Price
$949,000
Sold Price
$910,000
Premium/Discount to List
-$39,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.70%
Original Mortgage
$696,150
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2018
Closed on
Sep 10, 2018
Sold by
Hemberger Jr Joseph C
Bought by
Wall Wendell
Seller's Agent
Ronald Hammer
Key West Properties (KW)
Buyer's Agent
Michael Petro
At Home in Key West, Inc.
List Price
$750,000
Sold Price
$640,000
Premium/Discount to List
-$110,000
-14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%

Purchase Details

Closed on
Sep 21, 2009
Sold by
Hemberger Joseph C and Molck Frances K
Bought by
Hemberger Joseph C and Molck Frances K

Purchase Details

Closed on
Dec 23, 2008
Sold by
Hemberger Joseph C and Molck Frances K
Bought by
Hemberger Joseph C and Molck Frances K

Purchase Details

Closed on
Jul 22, 2003
Sold by
Molck Frances K
Bought by
Hemberger Joseph C and Molck Frances K
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 Type Sale Price Title Company
Warranty Deed $1,615,000 None Listed On Document
Warranty Deed $910,000 Attorney
Warranty Deed $640,000 None Listed On Document
Warranty Deed $640,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $696,150 New Conventional
Closed $0 Balloon
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2024 11/05/24 Sold $1,615,000 -4.9% $1,188 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $1,699,000 +86.7% $1,249 / Sq Ft
04/30/2021 04/30/21 Sold $910,000 -4.1% $621 / Sq Ft View Prior Sale
02/15/2021 02/15/21 For Sale $949,000 +48.3% $647 / Sq Ft
09/10/2018 09/10/18 Sold $640,000 -14.7% $532 / Sq Ft View Prior Sale
08/27/2018 08/27/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $750,000 -- $623 / 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 $8,678 $1,053,985 -- --
2023 $8,678 $1,023,287 $0 $0
2022 $8,307 $993,483 $0 $0
2021 $6,087 $720,149 $552,815 $167,334
2020 $5,269 $567,478 $392,321 $175,157
2019 $4,803 $497,465 $392,321 $105,144
2018 $2,609 $284,654 $0 $0
2017 $2,593 $278,800 $0 $0
2016 $2,662 $273,066 $0 $0
2015 $2,715 $271,168 $0 $0
2014 $3,048 $269,016 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Blades

    Seller's Agent in 2024

    Michelle Blades

    Realty Executives Florida Keys Old Town

    (305) 394-4750

    7 in this area

    71 Total Sales

    Michelle Blades
    Section Image
  • Madeleine Lowe

    Buyer's Agent in 2024

    Madeleine Lowe

    Expert Realty LLC (HQ)

    (305) 496-7691

    3 in this area

    41 Total Sales

    Madeleine Lowe
    Section Image

  • J

    Seller's Agent in 2021

    Justyn Ewald

    Buy The Keys (KW)

  • A

    Seller Co-Listing Agent in 2021

    Austin Kimbler

    Keller Williams Key West Compass Realty

    Section Image

  • R

    Seller's Agent in 2018

    Ronald Hammer

    Key West Properties (KW)

    (772) 284-2981

    6 Total Sales

    Ronald Hammer
    Section Image

  • M

    Buyer's Agent in 2018

    Michael Petro

    At Home in Key West, Inc.

    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 611392

Key West Association of REALTORS®

APN: 00069950-000000

Florida Monroe County Key West 33040 New Town

3412 Riviera Dr, Key West, FL

This home is located at 3412 Riviera Dr, Key West, FL 33040 and is currently priced at $1,615,000, approximately $1,187 per square foot. This property was built in 1963. 3412 Riviera Dr 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.

Key West Association 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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