NOT LISTED FOR SALE

Estimated Value: $1,318,430 - $1,417,000

0.09 Acre
$14,368,170 Price per Acre
4,095 Sq Ft Lot

Last Sold February 27, 2024

Last sale price $1,200,000 $1,651 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,127/month

119 Days on Market

About This Lot

As of February 2024

This buildable lot in Old Town Key West offers a opportunity for investors and visionaries alike. Spanning an expansive 4,086 square feet, this parcel provides the canvas for crafting a lush tropical oasis complete with a pool and parking. The charm of downtown, combined with the allure of new construction, ensures not only a comfortable lifestyle but also promising investment potential. Situated in a great neighborhood, conveniently within walking distance of the seaport district, home to a variety range of restaurants and shops.

Last Agent to Sell the Property

Allison Findlay

Preferred Properties (KW) License #3441470 Listed on: 09/29/2023

Last Buyer's Agent

Allison Findlay

Preferred Properties (KW) License #3441470 Listed on: 09/29/2023

Property Details

Property Type

Land

Est. Annual Taxes

$9,380

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 8027.36
  • Alternate Key Number: 1005495
  • Lot Sq Ft: 4086.00
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: Yes
  • Survey Available: Yes
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Waterview: No Waterview

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00005310-000000
  • Land Size: Less Than 1/4 Acre

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Feb 26, 2024
Sold by
Eden Harry M
Bought by
Rosato John P and Rosato Linda
Seller's Agent
Allison Findlay
Preferred Properties (KW)
Buyer's Agent
Allison Findlay
Preferred Properties (KW)
List Price
$1,900,000
Sold Price
$1,200,000
Premium/Discount to List
-$700,000
-36.84%
Views
30
Current Estimated Value
$1,350,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,608
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
May 13, 1997
Sold by
Means Euphemia Miranda Williams
Bought by
Eden Harry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1996
Bought by
Eden Harry M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rosato John P $1,200,000 None Listed On Document
Eden Harry M $225,000 --
Eden Harry M $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eden Harry M $650,000
Previous Owner Eden Harry M $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $1,200,000 -7.7% $1,651 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $1,300,000 -13.3% $1,788 / Sq Ft
12/27/2023 12/27/23 Price Changed $1,500,000 -14.3% $2,063 / Sq Ft
11/07/2023 11/07/23 Price Changed $1,750,000 -7.9% $2,407 / Sq Ft
09/29/2023 09/29/23 For Sale $1,900,000 -- $2,613 / 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 $9,380 $1,433,859 $1,433,696 $163
2023 $9,380 $1,302,858 $1,201,774 $101,084
2022 $8,027 $1,032,283 $931,199 $101,084
2021 $7,233 $777,159 $688,736 $88,423
2020 $7,316 $862,601 $683,465 $179,136
2019 $6,784 $797,426 $720,362 $77,064
2018 $6,302 $719,892 $641,645 $78,247
2017 $6,077 $719,892 $0 $0
2016 $5,794 $637,321 $0 $0
2015 $5,260 $527,742 $0 $0
2014 $5,150 $489,528 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 606815

Key West Association of REALTORS®

APN: 00005310-000000