NOT LISTED FOR SALE

Estimated Value: $573,711 - $623,000

3 Beds
2 Baths
1,068 Sq Ft
4 Acres

Last Sold February 21, 2025

Last sale price $580,000 $543 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,565/month

80 Days on Market

Highlights

  • Airstrip
  • Beach
  • Furnished
  • Boat Ramp
  • Concrete Pool
  • Granite Countertops

About This Home

As of February 2025

Ocean views and Sunset views from your living room and balcony! Discover a quiet haven in the beautiful Las Salinas community, nestled in the serene Salt Ponds area of the Key West and across the street from open water. This fully furnished, spacious 3-bedroom, 2-bath condo boasts 1,068 sq. ft. of comfortable, open living space, perfect for family gatherings or unwinding after a day at the beach. The updated kitchen features granite countertops and stainless steel appliances (all new in 23 & 24), making meal prep a breeze and providing a great setup for family dinners or entertaining friends. A convenient in-unit washer and dryer (new in 2023) means no shared laundry runs. New AC and hotwater heater in 22.Las Salinas offers a range of amenities to enhance your island lifestyle, including a heated swimming pool, on-site gym (with membership), ample parking, and patrolled security for peace of mind. An additional private storage unit provides extra space for all your gear. With low monthly condo fees and property taxes, this is one of the best-priced 3-bedroom condos in the area, making it an affordable yet upscale choice. Enjoy easy access to Key West's best attractions, including vibrant restaurants, shopping, Smathers Beach, and entertainment venues. Discover the perfect blend of relaxation and excitement in this inviting community--your island paradise awaits!

Last Agent to Sell the Property

Dawn McComish

Lokation Real Estate License #3021595 Listed on: 11/09/2024

Lokation Real Estate

Last Buyer's Agent

Terrance Sullivan

Buy The Keys (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,247

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 4

Interior Spaces

  • 1,068 Sq Ft Home
  • Furnished
  • Shutters
  • Blinds
  • Sliding Doors
  • Storage
  • Home Gym
  • Tile Flooring
  • Monitored

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Guest Parking
  • Open Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Airstrip
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00066180-000538

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include bldg exterior mnt, security, common area mnt, building insurance
  • Las Salinas Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Beach
  • Bike Trail

Pet Policy

  • Pet Restriction: 1 up to 20lbs

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,247

Year Built

Built in 1991 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 499.00
  • Mandatory HOA: Yes
  • 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: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Airstrip, Bike Paths, Beach, Manager on Premises
  • Pets W Restrictions: 1 up to 20lbs
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4247.33
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Guest Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1991
  • Alternate Key Number: 8780842
  • Cooling Heating: Central Air
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • License Info: Non Trans Rntl Lic
  • Shutters: Bahama
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1068.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Storage, Elevator, Granite Counter Top
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Gym, Laundry Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Elect Separate Meter, Cable Available
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00066180-000538
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2024
Closed on
Feb 20, 2025
Sold by
Reynolds Billy and Reynolds Tamara
Bought by
Tong Siu Shek and Shi Cindy M
Seller's Agent
Dawn McComish
Lokation Real Estate
Buyer's Agent
Terrance Sullivan
Buy The Keys (KW)
List Price
$629,000
Sold Price
$580,000
Premium/Discount to List
-$49,000
-7.79%
Views
60
Current Estimated Value
$593,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,928
Avg. Annual Appreciation
4.58%
Original Mortgage
$348,000
Outstanding Balance
$337,791
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$256,137

Purchase Details

Closed on
Feb 8, 2011
Sold by
Levin Katheryn A
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jan 18, 2006
Sold by
Freeman Patricia A and Penney Coleen Lee
Bought by
Biskupich Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,500
Interest Rate
1.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 10, 2002
Sold by
Panagiota Steller
Bought by
Coward Thomas G and Coward Patricia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,500
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 1998
Sold by
Clerk Of The Circuit Court
Bought by
Star Bank

Purchase Details

Closed on
Sep 9, 1997
Sold by
Burrell Winston
Bought by
Freeman Patricia A and Penney Coleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
7.43%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 24, 1994
Sold by
Las Salinas Dev Corp
Bought by
Burrell Winston
Source: Public Records

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
Tong Siu Shek $580,000 None Listed On Document
Aurora Loan Services Llc -- None Available
Biskupich Michael J $465,000 First American Title Ins Co
Biskupich Michael J $465,000 First American Title Ins Co
Coward Thomas G -- --
Star Bank $100 --
Starbank $100 --
Starbank $100 --
Freeman Patricia A $124,000 --
Burrell Winston A $100 --
Burrell Winston $121,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tong Siu Shek $348,000
Previous Owner Biskupich Michael J $418,500
Previous Owner Burrell Winston A $152,123
Previous Owner Burrell Winston A $153,500
Previous Owner Burrell Winston A $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $580,000 -7.8% $543 / Sq Ft
11/09/2024 11/09/24 For Sale $629,000 -- $589 / Sq Ft
Source: Marathon and Lower Keys 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 $4,247 $510,794 -- $510,794
2023 $4,247 $452,136 $0 $452,136
2022 $3,322 $372,895 $0 $372,895
2021 $3,092 $304,228 $0 $304,228
2020 $2,870 $280,273 $0 $280,273
2019 $2,858 $276,803 $0 $276,803
2018 $2,904 $276,803 $0 $0
2017 $2,925 $288,170 $0 $0
2016 $2,837 $264,433 $0 $0
2015 $2,710 $247,010 $0 $0
2014 $2,613 $232,049 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 612192

APN: 00066180-000538