NOT LISTED FOR SALE

5 Sunset Key Dr Key West, FL 33040

Estimated Value: $6,000,351 - $6,565,000

3 Beds
2.5 Baths
2,528 Sq Ft
$2,479/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $6,050,000 $2,393 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $40,454/month

183 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • Balcony
  • Sandy Beach
  • Deck
  • Walk-In Closet

About This Home

As of July 2021

Come home to Sunset Key and enjoy all the ambiance and attractions of Key West only seven minutes away while preserving maximum peacefulness and privacy on a beautiful, private island, just off shore from Old Town Key West. This three-bedroom, three bath oceanfront residence features a private homeowner beach, heated pool/hot tub, vaulted living area, spacious main-level master suite plus two additional upper-level bedrooms and baths, solid hardwood and natural stone flooring inside and out and a comfortable warm island decor throughout. Sunset Key is an idyllic island oasis featuring a gourmet restaurant, spa, fitness center, private homeowner beaches, tennis courts, ferry service and a location nestled in a perfectly secluded spot in Key West harbor.

Last Agent to Sell the Property

Robert Cardenas

Ocean Sotheby's International Realty Listed on: 01/06/2021

Co-Listed By

Matthew Carlson

Ocean Sotheby's International Realty License #3413493

Last Buyer's Agent

Bob Cardenas

Ocean Sotheby's International Realty License #3406183

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,728

Year Built

  • Built in 1996

Lot Details

  • 6,243 Sq Ft Lot
  • Property fronts gulf or ocean
  • Sandy Beach

HOA Fees

  • $3,457 Monthly HOA Fees

Property Views

  • Ocean
  • Gulf

Home Design

  • Frame Construction

Interior Spaces

  • 2,528 Sq Ft Home
  • Blinds
  • Entrance Foyer

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Spa
  • Pool Deck

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

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

Community Details

  • Association fees include common area mnt, security
  • Sunset Key Island Unrcd Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00000200-000505

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,728

Year Built

Built in 1996

Lot Details

0

HOA Fees

$3,457 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Fee: 3456.76
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Security, Other
  • Key Island: Key West
  • K W Neighborhood: Sunset Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • 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: 36727.77
  • Year Built: 1996
  • Alternate Key Number: 8930395
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 6243.00
  • Pool Info: Decked, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2528.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Window Treatments, Walk-in Closet(s), Drapes/Blinds Incl, Fire Sprinkler, Entrance Foyer
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Range, Oven, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Gulf Front, Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Hot Tub, Sandy Beach
  • Waterview: Bay/Gulf View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00000200-000505
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2019

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Jul 14, 2021
Sold by
Bentley Kathleen S and Bentley Kathleen S
Bought by
Sunset Escape Llc
Seller's Agent
Robert Cardenas
Ocean Sotheby's International Realty
Buyer's Agent
Robert Cardenas
Ocean Sotheby's International Realty
List Price
$6,100,000
Sold Price
$6,050,000
Premium/Discount to List
-$50,000
-0.82%
Current Estimated Value
$6,267,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,338
Avg. Annual Appreciation
0.83%

Purchase Details

Closed on
Jun 22, 2012
Sold by
Hoffmeister Mark and Bentley Kathleen
Bought by
Bentley Kathleen S and Kathleen S Bentley Declaration Of Trust

Purchase Details

Closed on
Feb 13, 2002
Sold by
J R Lumsden I
Bought by
Hoffmeister Mark and Hoffmeister Kathleen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 1999
Bought by
Bentley Kathleen S Declaration Of Trust 4/5/2

Purchase Details

Closed on
Apr 7, 1999
Sold by
Parcel G Island Development Corp
Bought by
Wright A J
Source: Public Records

Range of Values:

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Average Value
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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
Sunset Escape Llc $6,050,000 Attorney
Bentley Kathleen S -- Attorney
Hoffmeister Mark $1,720,000 --
Bentley Kathleen S Declaration Of Trust 4/5/2 $1,322,000 --
Wright A J $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright A J $1,000,000
Previous Owner Wright A J $1,000,000
Previous Owner Wright A J $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $6,050,000 -0.8% $2,393 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $6,100,000 0.0% $2,413 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $6,100,000 -- $2,413 / 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 $50,302 $6,021,218 $4,854,869 $1,166,349
2023 $50,302 $5,974,023 $4,854,869 $1,119,154
2022 $48,677 $5,858,063 $4,726,263 $1,131,800
2021 $40,104 $4,560,793 $3,697,417 $863,376
2020 $36,304 $4,121,001 $3,247,296 $873,705
2019 $36,728 $4,131,329 $3,247,296 $884,033
2018 $38,594 $4,249,481 $3,536,660 $712,821
2017 $38,486 $4,196,420 $0 $0
2016 $38,804 $4,312,418 $0 $0
2015 $38,117 $4,452,029 $0 $0
2014 $32,673 $3,112,393 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Cardenas

    Ocean Sotheby's International Realty

  • M

    Seller Co-Listing Agent in 2021

    Matthew Carlson

    Ocean Sotheby's International Realty

  • Bob Cardenas

    Buyer's Agent in 2021

    Bob Cardenas

    Ocean Sotheby's International Realty

    (305) 304-8292

    86 Total Sales

    Bob Cardenas
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593997

Florida Keys Board of REALTORS®

APN: 00000200-000505

Florida Monroe County Key West 33040

5 Sunset Key Dr, Key West, FL

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