NOT LISTED FOR SALE

3841 N Roosevelt Blvd Unit 516 Key West, FL 33040

Estimated Value: $1,344,866

2 Beds
3 Baths
1,357 Sq Ft
7 Acres

Last Sold March 30, 2023

Last sale price $1,290,000 $951 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,851/month

43 Days on Market

About This Home

As of March 2023

Welcome to your own piece of paradise! This 2 bedroom, 2 full bath waterfront condo has it all. With 1357 square feet of living space and one of Key West's finest resorts right at your fingertips, you can enjoy the best of both worlds. Step out onto your private balcony with direct beach access, spiral staircase included, and take in all the stunning open water views from your new home away from home. Relax by the pool, soak up some sun on the private beach or grab a bite to eat at the beachside bar & grill - whatever you choose to do here will make for unforgettable memories in paradise. Sale is subject to developer's Right of First Refusal and rental management agreement with Marriott. Come experience true waterfront living - call today for more information!

Last Agent to Sell the Property

Monika Turek

Karem Kramer Realty (KW) Listed on: 01/19/2023

Last Buyer's Agent

Ewa Schwarz

LoKation Real Estate License #3054704

LoKation Real Estate

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,568

Year Built

2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Fee: 3572.91
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt, Building Insurance
  • 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, Beach
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7649.20
  • Vehicle Storage: Open Parking, Covered Parking, Off Street Parking, Guest Parking
  • Year Built: 2006
  • Alternate Key Number: 9088876
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • License Info Number Of City License: 2
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1357.00
  • Pool Info Other: Resort
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Entrance Foyer, Granite Counter Top, Bar, Storage, Smoke Alarms, Fire Sprinkler
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Freezer, Microwave, Oven, Range, Refrigerator
  • Floor: Marble
  • Half Bathrooms: 1
  • Windows/Doors: French Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Gulf Front, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Bar, Sprinkler System, Sandy Beach, Lighting
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE
  • Parcel Number: 00064881-010200
  • Land Size: 5 Less Than 10 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Mar 30, 2023
Sold by
Arricale Jeffrey W and Arricale Rebecca L
Bought by
Woetzel Family Trust and Paul And Marjorie Woetzel Family Trust
Seller's Agent
Monika Turek
Karem Kramer Realty (KW)
Buyer's Agent
Ewa Schwarz
LoKation Real Estate
List Price
$1,299,000
Sold Price
$1,290,000
Premium/Discount to List
-$9,000
-0.69%
Views
61
Current Estimated Value
$1,344,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,866
Avg. Annual Appreciation
1.65%

Purchase Details

Listed on
Dec 6, 2017
Closed on
Mar 19, 2018
Sold by
Dalk Land Lp
Bought by
Arricale Jeffrey W and Rambo Rebecca L
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
John Spottswood
Truman & Co. (KW)
List Price
$999,000
Sold Price
$960,000
Premium/Discount to List
-$39,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Oct 4, 2011
Sold by
Keys Island Properties Llc
Bought by
Dalk Land Lp

Purchase Details

Closed on
May 12, 2011
Sold by
Barroso Barry and Hughes Erica N
Bought by
Keys Island Properties Llc

Purchase Details

Closed on
Apr 29, 2011
Bought by
Dalk Land Lp

Purchase Details

Closed on
May 22, 2008
Sold by
Sh5 Ltd
Bought by
Beachside 516 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,217,600
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Woetzel Family Trust $1,290,000 --
Arricale Jeffrey W $960,000 None Listed On Document
Dalk Land Lp $725,000 None Available
Keys Island Properties Llc $1,185,500 None Available
Dalk Land Lp -- --
Beachside 516 Llc $1,459,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beachside 516 Llc $1,217,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2023 03/30/23 Sold $1,290,000 -0.7% $951 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $1,299,000 +35.3% $957 / Sq Ft
03/16/2018 03/16/18 Sold $960,000 -3.9% $707 / Sq Ft View Prior Sale
02/06/2018 02/06/18 Pending -- -- --
12/06/2017 12/06/17 For Sale $999,000 -- $736 / 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 $8,568 $1,067,017 -- $1,067,017
2023 $8,568 $1,067,017 $0 $1,067,017
2022 $7,649 $951,598 $0 $951,598
2021 $7,208 $810,394 $0 $810,394
2020 $7,189 $810,394 $0 $810,394
2019 $7,251 $810,394 $0 $810,394
2018 $7,514 $822,343 $0 $0
2017 $7,344 $837,288 $0 $0
2016 $6,965 $731,442 $0 $0
2015 $6,376 $629,382 $0 $0
2014 $6,960 $629,382 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Monika Turek

    Karem Kramer Realty (KW)

  • Ewa Schwarz

    Buyer's Agent in 2023

    Ewa Schwarz

    LoKation Real Estate

    (305) 781-5704

    148 Total Sales

    Ewa Schwarz
    Section Image

  • L

    Seller's Agent in 2018

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

  • J

    Buyer's Agent in 2018

    John Spottswood

    Truman & Co. (KW)

    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 603859

Key West Association of REALTORS®

APN: 00064881-010200

Florida Monroe County Key West 33040

3841 N Roosevelt Blvd Unit 516, Key West, FL

This home is located at 3841 N Roosevelt Blvd Unit 516, Key West, FL 33040 since 19 January 2023 and is currently estimated at $1,344,866, approximately $991 per square foot. This property was built in 2006. 3841 N Roosevelt Blvd Unit 516 is a home located in Monroe County with nearby schools including Poinciana Elementary School, Key West High School, and The College Of The Florida Keys Academy.

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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