NOT LISTED FOR SALE

411 William St Unit 16 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $748,956

1 Bed
1 Bath
332 Sq Ft
$309/mo HOA Fee

Last Sold May 24, 2019

Last sale price $450,000 $1,355 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,632/month

121 Days on Market

Highlights

  • In Ground Pool
  • Patio
  • Ceiling Fan
  • Furnished
  • Central Air
  • 3-minute walk to Dry Tortugas National Park

About This Home

As of May 2019

Unique Opportunity to own a condo/hotel in the heart of Key West.surrounded by the most outstanding maintained lush gardens. This one bedroom deluxe suite has kitchen facilities and a private large covered patio on the main floor, just steps away from the pool and spa. As an investment based on the information that has been submitted, the net income has been exceptional.

Last Agent to Sell the Property

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 01/21/2019

Co-Listed By

Jeffrey Grosky

Preferred Properties (KW) License #3271707

Last Buyer's Agent

Monika Turek

Karem Kramer Realty (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 1983

Lot Details

  • 0.43

HOA Fees

  • $309 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Entry on the 1st floor
  • Frame Construction
  • Tile Roof

Interior Spaces

  • 332 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00005850-000116

Community Details

Overview

  • Association fees include bldg exterior mnt, exterminating, common area mnt, cable, building insurance
  • 24 Units
  • Old Town Unlisted Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,614

Year Built

Built in 1983

Lot Details

0

HOA Fees

$309 per month

Listing Details

  • Property Type: Residential
  • Style: Condotel
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 308.72
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: Bldg Exterior Mnt, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 1614.17
  • Title: Negotiable
  • Year Built: 1983
  • Alternate Key Number: 9082912
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: In Ground
  • Porch Balcony: Patio
  • 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: 332.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl
  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Refrigerator, Range, Oven, Microwave, Freezer, Disposal
  • Windows/Doors: Other Windows/Doors, Sash/Screen Window
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Other Roof, Tile Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA
  • Heating: None

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00005850-000116
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2021
Sold by
Prokhodnoy Vladimir
Bought by
Vp Properties Of Key West Llc
Current Estimated Value
$748,956

Purchase Details

Closed on
Oct 4, 2019
Sold by
Lilly Hill Llc
Bought by
Prokhodnoy Vladimir

Purchase Details

Listed on
Jan 21, 2019
Closed on
Jun 3, 2019
Sold by
Lilly Hill Llc
Bought by
Prokhodnoy Vladimir
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
Monika Turek
Karem Kramer Realty (KW)
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%

Purchase Details

Listed on
Jan 21, 2019
Closed on
May 24, 2019
Sold by
Lilly Hill Llc
Bought by
Prokhodnoy Vladimir
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
Monika Turek
Karem Kramer Realty (KW)
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%

Purchase Details

Closed on
Sep 15, 2005
Sold by
Old Island Hotels Inc
Bought by
Lilly Hill Llc
Source: Public Records

Range of Values:

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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
Vp Properties Of Key West Llc -- Accommodation
Prokhodnoy Vladimir -- None Listed On Document
Prokhodnoy Vladimir $450,000 None Listed On Document
Prokhodnoy Vladimir -- None Listed On Document
Lilly Hill Llc $549,000 Reef Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $450,000 -9.8% $1,355 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $499,000 -- $1,503 / 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 $4,414 $537,198 -- $537,198
2023 $4,414 $537,198 $0 $537,198
2022 $3,876 $455,772 $0 $455,772
2021 $3,267 $360,357 $0 $360,357
2020 $3,258 $360,357 $0 $360,357
2019 $1,659 $175,972 $0 $175,972
2018 $1,690 $175,972 $0 $0
2017 $1,719 $175,972 $0 $0
2016 $1,812 $175,972 $0 $0
2015 $1,854 $175,972 $0 $0
2014 $1,925 $175,972 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583938

Florida Keys Board of REALTORS®

APN: 00005850-000116