NOT LISTED FOR SALE

3625 Seaside Dr Unit 25102 Key West, FL 33040

New Town Neighborhood

Estimated Value: $850,472

2 Beds
2 Baths
798 Sq Ft
2 Acres

Last Sold July 08, 2024

Last sale price $860,000 $1,078 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,130/month

254 Days on Market

About This Home

As of July 2024

TRANSIENT LICENCED Sunrise Suites Unit that can be rented daily. Rent all the time or choose when you want to visit Key West and make rental income the rest of the time! Unit is sold Turn key with all furniture, bedding, appliances and rental necessities. Brand new AC unit installed 4.27. Unit has a split floor plan and a lovely balcony. The community has a pool and is conveniently located close to the beach and the airport.

Last Listed By

Deborah Batty

Location 3 Real Estate of KW Inc (KW) License #3131616 Listed on: 09/11/2023

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,700

Year Built

2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 905.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3817.96
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Year Built: 2001
  • Alternate Key Number: 8985087
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 798.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Split Bedroom, Elevator
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Floor: Tile
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Salt Ponds
  • Waterfront: No
  • Construction: Concrete
  • Exterior Features: Hot Tub, Sprinkler System
  • Roof: Metal Roof
  • Waterview: Salt Ponds
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00066180-025102
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Jul 5, 2024
Sold by
Historic Tours Of America Inc
Bought by
Key West Sunshine Properties Llc
Seller's Agent
Deborah Batty
Location 3 Real Estate of KW Inc (KW)
Buyer's Agent
Scott Forman
ICAMCO Real Estate Inc. (KW)
List Price
$945,000
Sold Price
$860,000
Premium/Discount to List
-$85,000
-8.99%
Total Days on Market
254
Views
208
Current Estimated Value
$850,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,528
Avg. Annual Appreciation
-2.01%
Original Mortgage
$460,000
Outstanding Balance
$457,330
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$388,461

Purchase Details

Closed on
Mar 12, 2003
Bought by
Historic Tours Of America Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2002
Sold by
Sunrise Suites Resorts Llc
Bought by
Historic Tours Of America Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.31%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Key West Sunshine Properties Llc $860,000 None Listed On Document
Historic Tours Of America Inc $300,000 --
Historic Tours Of America Inc $300,000 Keys Title & Abstract Co
Historic Tours Of America Inc $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Key West Sunshine Properties Llc $460,000
Previous Owner Historic Tours Of America Inc $240,000
Previous Owner Historic Tours Of America Inc $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $860,000 -4.3% $1,078 / Sq Ft
04/30/2024 04/30/24 Price Changed $899,000 -2.8% $1,127 / Sq Ft
01/16/2024 01/16/24 Price Changed $925,000 -2.1% $1,159 / Sq Ft
09/11/2023 09/11/23 For Sale $945,000 -- $1,184 / 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 $4,700 $674,075 -- $674,075
2023 $4,700 $658,726 $0 $658,726
2022 $3,818 $455,774 $0 $455,774
2021 $3,969 $404,423 $0 $404,423
2020 $3,772 $404,379 $0 $404,379
2019 $3,462 $358,812 $0 $358,812
2018 $3,347 $358,812 $0 $0
2017 $3,222 $355,206 $0 $0
2016 $2,995 $289,929 $0 $0
2015 $2,716 $230,161 $0 $0
2014 $2,743 $230,161 $0 $0
Source: Public Records

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Source: Key West Association of REALTORS®

MLS Number: 606608

Key West Association of REALTORS®

APN: 00066180-025102