$2,650,000
SOLD FEB 25, 2025

4 Coconut Dr Key West, FL 33040

4 Beds
3 Baths
2,388 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$1,110 Per Sq Ft

15% Below List Price

395 Days on Market

About This Home

As of February 2025

Wow, amazing Key Haven waterfront home. Experience the extraordinary charm of this waterfront sanctuary in Key West! This Key Haven residence seamlessly blends artistry and elegance, captivating you from the moment you arrive. Enhanced by lush tropical landscaping that creates an atmosphere of seclusion, meandering stone paths beckon you to explore the enchanting grounds of this remarkable retreat. Every detail of the home is presented with flawless style and design, featuring top-notch finishes and fixtures from the imported Italian Boffi kitchen to the pool designed by D'Asign Source, and the Australian cypress hardwood floors that grace the entire residence. The modern, 3 bedroom plus Den, 2 bathrooms and open-plan layout allows for a fluid transition between spaces, and for those who love to entertain, the connection between indoor and outdoor spaces is flawlessly realized on the poolside terrace. The Boffi kitchen imported from Italy & installed by Luminaire, Coral Gables. Miele and sub-zero appliances integrated in the floor to ceiling cabinetry kitchen stands out with its incredible design and high-end appliances, including Sub-Zero and Gaggenau.

Last Agent to Sell the Property

Michelle Forneris

Coldwell Banker Realty License #3202583 Listed on: 12/23/2023

Coldwell Banker Realty

Co-Listed By

Sarah Eckert

Coldwell Banker Schmitt Real Estate Co. (KW) License #3527281

Last Buyer's Agent

Angelina Will

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3485231

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,314

Year Built

1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Haven
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 20313.96
  • Title: Negotiable
  • Vehicle Storage: Garage, Off Street Parking, Attached
  • Year Built: 1998
  • Alternate Key Number: 1172723
  • Cooling Heating: Central Air
  • Lot Sq Ft: 6000.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2388.00
  • Pool Info Other Surroundings: Spa & sun deck
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Window Treatments, Walk-in Closet(s), Storage, Smoke Alarms
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Gas Appliances, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood
  • Half Bathrooms: 1
  • Windows/Doors: Glass Doors, Impact Rstnce Window, Impact Rstnce Doors, Aluminum Windows, Sliding Glass Doors
  • Appliances Other: Built-in coffee make
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift, Other Dockage
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, ICFs (Insulated Concrete Forms), Stucco
  • Exterior Features: Fencing, Water Display, Storage, Sprinkler System, Privacy Wall/Fence, Lanai, Lighting, Hot Tub, Rain Gutters
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Propane, Cable Available, Buyer to Verify, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00138540-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2023
Closed on
Feb 18, 2025
Sold by
Yaffe Andrew
Bought by
Clbre 1 Inc
Seller's Agent
Michelle Forneris
Coldwell Banker Realty
Buyer's Agent
Angelina Will
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$3,100,000
Sold Price
$2,650,000
Premium/Discount to List
-$450,000
-14.52%
Views
387
Current Estimated Value
$2,691,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,962
Avg. Annual Appreciation
3.81%

Purchase Details

Listed on
Mar 16, 2021
Closed on
Jun 18, 2021
Sold by
Saunders Scott A and Saunders Tammy M
Bought by
Yaffe Andrew
Seller's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
Buyer's Agent
Creative Technology
List Price
$2,300,000
Sold Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%

Purchase Details

Closed on
Oct 5, 2018
Sold by
Saunders Scott M and Saunders Tammy M
Bought by
Saunder Family Trust

Purchase Details

Closed on
Sep 26, 2018
Sold by
Saunders Scott M and Saunders Tammy M
Bought by
Saunder Family Trust and Saunders Tammy M

Purchase Details

Closed on
Oct 7, 1996
Sold by
Paradise View Enterprises
Bought by
Saunders Scott and Saunders Tammy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
7.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 1, 1987
Bought by
Saunders Scott and Saunders Tammy M

Purchase Details

Closed on
Jun 1, 1983
Bought by
Saunders Scott and Saunders Tammy M

Purchase Details

Closed on
Feb 1, 1973
Bought by
Saunders Scott and Saunders Tammy M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,650,000 None Listed On Document
Warranty Deed $2,300,000 Attorney
Warranty Deed $100 None Listed On Document
Warranty Deed $100 None Listed On Document
Deed $115,000 --
Warranty Deed $46,000 --
Warranty Deed $39,500 --
Deed $11,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $756,000 New Conventional
Previous Owner $785,000 Unknown
Previous Owner $295,000 Small Business Administration
Previous Owner $227,000 Stand Alone Second
Previous Owner $600,000 New Conventional
Previous Owner $35,731 New Conventional
Previous Owner $119,044 New Conventional
Previous Owner $93,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 Pending -- -- --
02/25/2025 02/25/25 Sold $2,650,000 0.0% $1,110 / Sq Ft
02/19/2025 02/19/25 Sold $2,650,000 -3.6% $1,110 / Sq Ft
01/21/2025 01/21/25 For Sale $2,750,000 0.0% $1,152 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
08/07/2024 08/07/24 Price Changed $2,750,000 -4.8% $1,152 / Sq Ft
07/18/2024 07/18/24 Price Changed $2,890,000 -3.3% $1,210 / Sq Ft
04/04/2024 04/04/24 Price Changed $2,990,000 -3.5% $1,252 / Sq Ft
12/23/2023 12/23/23 For Sale $3,100,000 +34.8% $1,298 / Sq Ft
06/18/2021 06/18/21 Sold $2,300,000 0.0% $963 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $2,300,000 -- $963 / 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 $20,314 $2,528,825 $907,200 $1,621,625
2023 $20,314 $2,346,835 $793,800 $1,553,035
2022 $18,643 $2,144,318 $583,200 $1,561,118
2021 $6,413 $698,823 $0 $0
2020 $6,383 $689,175 $0 $0
2019 $6,262 $673,681 $0 $0
2018 $5,195 $544,457 $0 $0
2017 $5,043 $533,259 $0 $0
2016 $5,079 $522,291 $0 $0
2015 $5,229 $518,660 $0 $0
2014 $5,403 $514,544 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 607911

Key West Association of REALTORS®

APN: 00138540-000000