$1,550,000
SOLD FEB 18, 2025
2 Beds
3 Baths
1,036 Sq Ft
0.94 Acres

Recently Sold

$1,496 Per Sq Ft

3% Below List Price

10 Days on Market

About This Home

As of February 2025

Escape to Paradise in this Turnkey Truman Annex Villa! Nestled within the exclusive gates of Porter Court at Truman Annex, this exquisite 2-bedroom, 2.5-bathroom villa at 406 Porter Lane offers the quintessential Key West lifestyle. Immerse yourself in tropical elegance with palm tree and bird motifs adorning the furnishings. The spacious interior living area flows seamlessly through French doors onto a sprawling private deck, perfect for al fresco dining and relaxation. A bay window frames the inviting indoor dining area, while the gourmet kitchen boasts top-of-the-line appliances to satisfy any chef. A convenient powder room completes the first floor. Upstairs, the primary suite features a generous closet and an en-suite bathroom with a tub/shower combination. The second bedroom offers ample storage with double closets and easy access to a full hall bathroom. Beyond your private oasis, enjoy resort-style living with access to a sparkling community pool, a soothing Jacuzzi spa, and ample lounging space. For beach lovers, the pristine sands of Fort Zachary Taylor Park are just steps away. Offered fully furnished, this turnkey villa is ready for you to start living your island dream!

Last Agent to Sell the Property

Rodney Culiver

Last Key Realty, Inc (KW) License #SL3426316 Listed on: 11/01/2024

Last Buyer's Agent

Behmke The

Compass Realty (KW)

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,480

Year Built

1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 3916.00
  • Maintenance Fee: 1424.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 8480.07
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1991
  • Alternate Key Number: 8783302
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1036.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Ice Machine, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,0.2 PCT ANNUAL CH
  • Parcel Number: 00006700-000214
  • 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 1, 2024
Closed on
Jan 14, 2025
Sold by
Schlein Ronit
Bought by
Keystone Condo Llc
Seller's Agent
Rodney Culiver
Last Key Realty, Inc (KW)
Buyer's Agent
Behmke The
Compass Realty (KW)
List Price
$1,595,000
Sold Price
$1,550,000
Premium/Discount to List
-$45,000
-2.82%
Total Days on Market
10
Views
4
Current Estimated Value
$1,573,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,747
Avg. Annual Appreciation
2.91%

Purchase Details

Closed on
Dec 5, 2020
Sold by
Schlein Deborah and Schlein Ronit
Bought by
Schlein Ronit

Purchase Details

Closed on
Jun 16, 2016
Sold by
Schlein Dobarah
Bought by
Schlein Deborah and Schlein Ronit

Purchase Details

Closed on
Jan 27, 2004
Sold by
Schlein Dov C and Schlein Deborah
Bought by
Schlein Deborah

Purchase Details

Closed on
Mar 19, 2001
Bought by
Schlein Deborah

Purchase Details

Closed on
May 3, 1999
Bought by
Schlein Deborah

Purchase Details

Closed on
Mar 25, 1994
Sold by
Mcclain David H
Bought by
Foltz Larry L and Foltz Beverly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.26%

Purchase Details

Closed on
Nov 1, 1990
Bought by
Schlein Deborah
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 $1,550,000 None Listed On Document
Warranty Deed $1,550,000 None Listed On Document
Interfamily Deed Transfer -- Accommodation
Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $440,000 --
Warranty Deed $350,000 --
Warranty Deed $240,000 --
Warranty Deed $275,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $192,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $1,550,000 -2.8% $1,496 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $1,595,000 -- $1,540 / 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 $8,480 $1,153,919 -- $1,153,919
2023 $8,480 $1,084,341 $0 $1,084,341
2022 $7,391 $896,715 $0 $896,715
2021 $7,213 $838,136 $0 $838,136
2020 $6,272 $669,852 $0 $669,852
2019 $6,613 $702,735 $0 $702,735
2018 $6,197 $642,291 $0 $0
2017 $6,130 $623,592 $0 $0
2016 $6,467 $623,592 $0 $0
2015 $6,367 $596,279 $0 $0
2014 $6,244 $560,529 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 612061

Key West Association of REALTORS®

APN: 00006700-000214