NOT LISTED FOR SALE

411 William St Unit 12 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $804,111

1 Bed
1 Bath
440 Sq Ft
$391/mo HOA Fee

Last Sold August 17, 2021

Last sale price $635,831 $1,445 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,067/month

16 Days on Market

Highlights

  • In Ground Pool
  • Furnished
  • 3-minute walk to Dry Tortugas National Park
  • 28,000 Sq Ft lot
  • Balcony

About This Home

As of August 2021

Unique opportunity to own a beautiful, income producing, hotel condominium in the Island City House Hotel surrounded by lush tropical landscaping and winding brick pathways. Transient licensed 1 bedroom and 1 bath condo in a stunning enclave of 3 historic buildings in the heart of Old Town. This one bedroom suite has a separate living room with a full kitchen, and a private balcony overlooking the pool. This is the total package for an income producing rental and/or your own pied-a-terre. The unit owner is allowed a maximum of 90 days per year personal stays in the property. Manage yourself, with a management company of your choice or continue with the current onsite management.

Last Agent to Sell the Property

Sabrina Acevedo

Doug Mayberry Real Estate (KW) Listed on: 07/11/2021

Last Buyer's Agent

Dominic Paolillo Jr.

Truman & Co. (KW) License #3487159

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,958

Year Built

  • Built in 1983

Lot Details

  • 0.64

HOA Fees

  • $391 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Frame Construction

Interior Spaces

  • 440 Sq Ft Home
  • Furnished

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00005850-000112

Community Details

Overview

  • Association fees include building insurance, common area mnt
  • Old Town Unlisted Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,958

Year Built

Built in 1983

Lot Details

0

HOA Fees

$391 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Approval Required: No
  • Association Fee: 391.05
  • Mandatory HOA: Yes
  • Document Count: 2
  • Fee Includes: Building Insurance, Common Area Mnt
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Median
  • State Province: FL
  • Taxes: 2957.66
  • Year Built: 1983
  • Alternate Key Number: 9082896
  • Lot Sq Ft: 28000.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 440.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 3.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Refrigerator, Range, Microwave
  • Total Bedrooms: 1

Exterior Features

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

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00005850-000112
  • Land Size: More than 1 Lot

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2010
Sold by
Major Judith and Major John
Bought by
Major Judith Lee and Imbesi Michael
Current Estimated Value
$804,111

Purchase Details

Closed on
Aug 31, 2005
Sold by
Old Island Hotels Inc
Bought by
Major John and Major Judith
Source: Public Records

Range of Values:

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Average Value
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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
Major Judith Lee -- None Available
Major John $625,000 Reef Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $635,831 +1.1% $1,445 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/11/2021 07/11/21 For Sale $629,000 -- $1,430 / Sq Ft
Source: Florida Keys Board 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 $5,161 $634,795 -- $634,795
2023 $5,161 $634,795 $0 $634,795
2022 $4,514 $533,072 $0 $533,072
2021 $3,102 $414,846 $0 $414,846
2020 $2,958 $414,846 $0 $414,846
2019 $2,276 $245,941 $0 $245,941
2018 $2,321 $245,941 $0 $0
2017 $2,361 $245,941 $0 $0
2016 $2,491 $245,941 $0 $0
2015 $2,551 $245,941 $0 $0
2014 $2,653 $245,941 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596849

Florida Keys Board of REALTORS®

APN: 00005850-000112