NOT LISTED FOR SALE

512 Catherine St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,320,000 - $3,107,000

3 Beds
2 Baths
1,800 Sq Ft
$1,477/Sq Ft Est. Value

Last Sold May 04, 2020

Last sale price $1,200,000 $667 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $14,731/month

75 Days on Market

Highlights

  • 0.12 Acre Lot
  • No HOA
  • 3-minute walk to Gato Village Pocket Park
  • A-Frame Home

About This Home

As of May 2020

Endless Possibilities Await - This property is ripe for development and in a receiver site for a Transient License.A rare chance to buy a large Lot, with a home Steeped in History and located just steps from Duval. Our Very Own infamous Mario Sanchez sculpted his masterpieces right here.The building is configured as a Duplex with a tenant currently living upstairs in a studio apartment and downstairs is vacant and needs renovations.Large lot over 5000 Sq Ft. and surrounded by highly successful transient rentals. Call for private preview

Last Agent to Sell the Property

Suzanne Moore

Truman & Co. (KW) Listed on: 02/01/2020

Last Buyer's Agent

Krystal Thomas

Last Key Realty, Inc (KW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,689

Year Built

  • Built in 1939

Lot Details

  • 5,082

Parking

  • Off-Street Parking

Home Design

  • 1,800 Sq Ft Home
  • Duplex
  • A-Frame Home
  • Frame Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 5,082 Sq Ft Lot
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00028590-000000

Community Details

Overview

  • No Home Owners Association
  • Old Town Unrecord Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,689

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 6689.04
  • Vehicle Storage: Off Street Parking
  • Year Built: 1939
  • Alternate Key Number: 1029378
  • Building Style: A-Frame
  • Lot Sq Ft: 5082.00
  • License Info Number Of City License: YES
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1800.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Refrigerator
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00028590-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Jun 5, 2020
Sold by
Daniel Federbush
Bought by
512 Catherine Street Llc
Seller's Agent
Suzanne Moore
Truman & Co. (KW)
Buyer's Agent
Krystal Thomas
Last Key Realty, Inc (KW)
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%
Current Estimated Value
$2,565,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,365,667
Avg. Annual Appreciation
14.79%

Purchase Details

Listed on
Feb 1, 2020
Closed on
May 27, 2020
Sold by
Daniel Federbush
Bought by
512 Catherine Street Llc
Seller's Agent
Suzanne Moore
Truman & Co. (KW)
Buyer's Agent
Krystal Thomas
Last Key Realty, Inc (KW)
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%

Purchase Details

Listed on
Feb 1, 2020
Closed on
May 7, 2020
Sold by
Amparo Martinez
Bought by
Federbush Daniel
Seller's Agent
Suzanne Moore
Truman & Co. (KW)
Buyer's Agent
Krystal Thomas
Last Key Realty, Inc (KW)
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%

Purchase Details

Listed on
Feb 1, 2020
Closed on
May 4, 2020
Sold by
Amparo Martinez
Bought by
Federbush Daniel
Seller's Agent
Suzanne Moore
Truman & Co. (KW)
Buyer's Agent
Krystal Thomas
Last Key Realty, Inc (KW)
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%
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
512 Catherine Street Llc -- None Listed On Document
512 Catherine Street Llc -- None Listed On Document
Federbush Daniel $1,200,000 None Listed On Document
Federbush Daniel $1,200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 512 Catherine Street Llc $2,625,000
Previous Owner Martinez Amparo L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2020 05/04/20 Sold $1,200,000 -14.3% $667 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $1,400,000 -- $778 / 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 $8,205 $1,926,865 $1,181,870 $744,995
2023 $8,205 $1,086,278 $1,086,278 $0
2022 $7,855 $822,674 $822,674 $0
2021 $7,173 $623,765 $623,765 $0
2020 $7,156 $789,037 $571,623 $217,414
2019 $6,689 $733,022 $558,105 $174,917
2018 $6,744 $812,759 $637,842 $174,917
2017 $6,547 $815,609 $0 $0
2016 $6,442 $779,575 $0 $0
2015 $5,702 $601,055 $0 $0
2014 $5,105 $456,688 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Suzanne Moore

    Truman & Co. (KW)

  • K

    Buyer's Agent in 2020

    Krystal Thomas

    Last Key Realty, Inc (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589575

Florida Keys Board of REALTORS®

APN: 00028590-000000

Florida Monroe County Key West 33040 Old Town

512 Catherine St, Key West, FL

This home is located at 512 Catherine St, Key West, FL 33040 since 01 February 2020 and is currently estimated at $2,659,000, approximately $1,477 per square foot. This property was built in 1939. 512 Catherine St is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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