NOT LISTED FOR SALE

3625 Seaside Dr Unit 402 Key West, FL 33040

New Town Neighborhood

Estimated Value: $874,409

2 Beds
2 Baths
798 Sq Ft
2 Acres

Last Sold September 07, 2023

Last sale price $920,000 $1,153 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,262/month

31 Days on Market

About This Home

As of September 2023

Penthouse TRANSIENT LICENSED corner unit with an Ocean View...offered fully furnished. Great opportunity to own a Transiently Licensed condo in Key West! Rent your condo for a night, a week or a month and use your condo when it's not making money for you! Sunrise Suites has only 48 units and they rarely change ownership. The complex features a heated pool & spa, work out facility, tennis court and is one of the few pet-friendly developments on the island.The resort has all the convenience and comfort of your own home. Spacious fully equipped 2 bedrooms, 2 bath with a balcony ocean view, located minutes from Smathers Beach. Washer and dryer in unit. Elevator available. Free parking and small boats are welcome. This location is also two miles from popular Higgs Beach. Carport parking - space #145

Last Listed By

Barbara Crespo

Keller Williams Key West Compass Realty License #653688 Listed on: 07/04/2023

Keller Williams Key West Compass Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,965

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 Approval Required: 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
  • 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
  • Neighborhood Feature: Community Pool, Tennis Courts
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4065.02
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Covered Parking, Off Street Parking, Open Parking
  • Vehicle Storage Cars: 1
  • Year Built: 2001
  • Alternate Key Number: 8985483
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: No
  • License Info Number Of City License: 1
  • License Info Number Of County 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
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s), Elevator, Built-in Cabinets, Split Bedroom
  • Floor Number: 4.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Gym
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Hot Tub, Water Display, Tennis Court(s)
  • Roof: Metal Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00066180-025402
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2023
Closed on
Sep 7, 2023
Sold by
Ropp Shirley A
Bought by
Tin Cup Chalice Llc
Seller's Agent
Barbara Crespo
Keller Williams Key West Compass Realty
Buyer's Agent
Rodney Culiver
Last Key Realty, Inc (KW)
List Price
$920,000
Sold Price
$920,000
Total Days on Market
31
Views
25
Current Estimated Value
$874,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,591
Avg. Annual Appreciation
-2.89%
Original Mortgage
$700,001
Outstanding Balance
$689,402
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$186,325

Purchase Details

Closed on
Dec 7, 2010
Sold by
Ropp Timothy Dale
Bought by
Ropp Shirley Ann

Purchase Details

Closed on
Feb 12, 2004
Sold by
Medefindt Lawrence and Medefindt Carol
Bought by
Ropp Timothy and Ropp Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2003
Sold by
Loulan John L and Loulan Joyce M
Bought by
Medefindt Lawrence and Medefindt Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2002
Sold by
Sunrise Suites Resorts Llc
Bought by
Loulan John T and Loulan Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.27%
Mortgage Type
New Conventional

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
Tin Cup Chalice Llc $920,000 None Listed On Document
Ropp Shirley Ann -- Attorney
Ropp Timothy $445,000 Chicago Title Of The Fl Keys
Medefindt Lawrence $379,000 Chicago Title Of The Fl Keys
Loulan John T $284,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tin Cup Chalice Llc $700,001
Previous Owner Ropp Shirley Ann $290,000
Previous Owner Ropp Timothy $333,700
Previous Owner Medefindt Lawrence $179,000
Previous Owner Loulan John T $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $920,000 0.0% $1,153 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
07/04/2023 07/04/23 For Sale $920,000 -- $1,153 / 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 $4,965 $755,364 -- $755,364
2023 $4,965 $694,201 $0 $694,201
2022 $4,065 $490,874 $0 $490,874
2021 $4,219 $439,523 $0 $439,523
2020 $3,990 $438,279 $0 $438,279
2019 $3,747 $415,280 $0 $415,280
2018 $3,627 $415,280 $0 $0
2017 $3,307 $355,335 $0 $0
2016 $3,193 $322,929 $0 $0
2015 $2,841 $243,636 $0 $0
2014 $2,747 $230,161 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 605866

Key West Association of REALTORS®

APN: 00066180-025402