NOT LISTED FOR SALE

3625 Seaside Dr Unit 25101 Key West, FL 33040

New Town Neighborhood

Estimated Value: $836,149

2 Beds
2 Baths
798 Sq Ft
2 Acres

Last Sold October 23, 2024

Last sale price $840,000 $1,053 Per Sq Ft

Current estimated payment $5,010/month

178 Days on Market

About This Home

As of October 2024

TRANSIENT LICENSED!!! If you're an investor looking to buy a nightly vacation rental condo here in Key West, look no farther. This is an excellent income producing transient licensed property located in the popular Sunrise Suites resort which allow for nightly rentals. This is a first floor corner unit and has 2 bedrooms and 2 bathrooms both ensuite. Reserved covered parking just steps away. This unit has a long history of solid bookings with Vacasa and future rentals will convey to the buyer.Sunrise Suites provides great relaxation by the lagoon styled pool plus a tennis court and community gym are there for those who wish to get a workout in before the evening activities on Duval St.Please ask for the vacation rental link.

Last Listed By

Mike Caron

Keller Williams Key West Compass Realty License #3157326 Listed on: 04/23/2024

Keller Williams Key West Compass Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,488

Year Built

2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 1005.00
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Tennis Courts
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4488.28
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Covered Parking
  • Vehicle Storage Cars: 1
  • Year Built: 2001
  • Alternate Key Number: 8985076
  • Cooling Heating: Central Air, Ceiling Fans(s), Heat Pump
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • License Info Number Of City License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 4 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 798.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Split Bedroom, Elevator, Smoke Alarms
  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Laminate
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: Buyer to verify at property appraiser site

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Hot Tub
  • Roof: Metal Roof
  • Waterview: Salt Ponds
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter
  • Heating: Heat Pump

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00066180-025101
  • Land Size: Less Than 1/4 Acre

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 23, 2024
Closed on
Oct 23, 2024
Sold by
Genovese Robert P and Hume Mark A
Bought by
Brundage Harold M and Brundage Holly J
Seller's Agent
Mike Caron
Keller Williams Key West Compass Realty
Buyer's Agent
Bobby Coe
RE/MAX Keys Connection (KW)
List Price
$895,000
Sold Price
$840,000
Premium/Discount to List
-$55,000
-6.15%
Total Days on Market
178
Views
565
Current Estimated Value
$836,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,851
Avg. Annual Appreciation
-0.86%

Purchase Details

Closed on
May 7, 2019
Sold by
Genovese Robert P
Bought by
Genovese Robert P and Hume Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2019
Sold by
Genovese Robert P and Hume Mark A
Bought by
Genovese Robert P and Hume Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2019
Sold by
Genovese Robert P and Hume Mark A
Bought by
Genovese Robert P and Hume Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.4%

Purchase Details

Closed on
Aug 17, 2018
Sold by
Genovese Robert P
Bought by
Genovese Robert P and Hume Mark A

Purchase Details

Closed on
Apr 30, 2018
Sold by
Koban Stephen D
Bought by
Genovese Robert P and Hume Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
4.5%

Purchase Details

Closed on
Feb 26, 2003
Sold by
Sunrise Suites Resorts Llc
Bought by
Koban Stephen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,720
Interest Rate
5.29%
Mortgage Type
Stand Alone First

Range of Values:

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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
Brundage Harold M $840,000 None Listed On Document
Genovese Robert P -- New Title Company Name
Genovese Robert P -- New Title Company Name
Genovese Robert P $325,000 Guardian Title & Trust Inc
Genovese Robert P $105,700 None Listed On Document
Genovese Robert P $455,000 None Listed On Document
Koban Stephen D $325,900 Keys Title & Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Genovese Robert P $325,000
Previous Owner Genovese Robert P $325,000
Previous Owner Hume Mark A $325,000
Previous Owner Genovese Robert P $325,000
Previous Owner Hume Mark A $318,500
Previous Owner Genovese Robert P $318,500
Previous Owner Hume Mark A $318,500
Previous Owner Koban Stephen D $215,000
Previous Owner Koban Stephen D $260,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 Sold $840,000 -5.5% $1,053 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
06/18/2024 06/18/24 Price Changed $889,000 -0.7% $1,114 / Sq Ft
04/23/2024 04/23/24 For Sale $895,000 -- $1,122 / 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 $4,488 $646,344 -- $646,344
2023 $4,488 $624,306 $0 $624,306
2022 $3,663 $436,617 $0 $436,617
2021 $3,821 $387,460 $0 $387,460
2020 $3,600 $369,257 $0 $369,257
2019 $3,307 $327,723 $0 $327,723
2018 $3,317 $327,723 $0 $0
2017 $3,188 $324,435 $0 $0
2016 $2,973 $264,026 $0 $0
2015 $2,841 $243,636 $0 $0
2014 $2,743 $230,161 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Key West Association of REALTORS®

MLS Number: 609701

Key West Association of REALTORS®

APN: 00066180-025101