NOT LISTED FOR SALE

516 Catherine St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,813,000 - $2,948,000

2 Beds
2 Baths
1,201 Sq Ft
$2,070/Sq Ft Est. Value

Sale Details

Date Sold: December 15, 2021

Last sale price $2,300,000 $1,915 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $13,821 / mo

73 Days on Market

Highlights

  • Heated In Ground Pool
  • No HOA
  • Patio
  • Furnished
  • Shutters
  • 3-minute walk to Gato Village Pocket Park

About This Home

As of December 2021

TRANSIENT! TRANSIENT! TRANSIENT! TRANSIENT! LOCATION! LOCATION! LOCATION! LOCATION! In Old Town Key West. Key West has always been a great place to come and enjoy your vacation time, why not make this your next great investment. You can enjoy this amazing property while you are here and just rent it out when you are not. You can come and go as you please and make money while you are away. An extremely well taken care of property, with great attention to detail, makes this an easy property to just take over and reap the benefits. Two bedrooms (2), Two (2) Full Bathrooms, one (1) large office and great salt water pool with outdoor shower makes this historic one thousand two hundred one (1201) square foot home just perfect for you and your guest to sit back and enjoy. Also, don't forget you get to rent it out when you are not there. Very private for you and your guest, but just a short walk to all that Key West has to offer. This Key West investment strikes all your boxes.New roof has been done within the last couple of years, fresh paint inside and out. Old Key West Charmer is what this home really is. Beautifully landscaped for your tropical oasis. One (1) off street parking is very important with only being a half of a block from Duval Street. Location is just perfect, on the lower end of Duval area, so you can walk to everything. Just far enough away to have some peace and zen.Don't wait!! This is the one you have been looking for. Please contact for showing times, we are not showing while guests are appreciating their vacations.

Last Agent to Sell the Property

Bobby Coe IV

Coastal Collection Real Estate Inc. License #3428120 Listed on: 07/10/2021

Last Buyer's Agent

Christopher Santry

Last Key Realty, Inc (KW) License #3214474

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,536

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 3,213 Sq Ft Lot
  • Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,201 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Shutters
  • Tile Flooring
  • Dryer

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Additional Features

  • Accessible Parking
  • Patio

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00028600-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,536

Year Built

Built in 1938 | Remodeled

Lot Details

3,213 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Pets: Pets Allowed
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 7536.13
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1938
  • Alternate Key Number: 1029386
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 3213.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • License Info Number Of City License: 1
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1201.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Refrigerator, Dryer
  • Floor: Tile
  • Total Bedrooms: 2
  • Accessibility Features: Parking

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Other
  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00028600-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2023
Sold by
Bought by
Current Estimated Value
$2,277,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,755,000
Interest Rate
0.069%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2021
Closed on
Dec 18, 2021
Sold by
Bought by
Seller's Agent
Bobby Coe IV
Coastal Collection Real Estate Inc.
Buyer's Agent
Christopher Santry
Last Key Realty, Inc (KW)
List Price
$2,450,000
Sold Price
$2,300,000
Premium/Discount to List
-$150,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%
Original Mortgage
$1,000,000
Interest Rate
0.0305%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2014
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 1973
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,700,000 None Listed On Document
$2,300,000 Oropeza Stones Cardenas Pllc
-- None Available
-- None Available
-- Attorney
$575,000 Attorney
$265,000 --
$8,200 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,755,000
Closed $1,000,000
Closed $790,000
Closed $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold $2,300,000 -6.1% $1,915 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $2,450,000 -- $2,040 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $18,255 $2,159,151 $1,310,904 $848,247
2024 $17,703 $2,158,643 $1,310,904 $847,739
2023 $17,703 $2,111,159 $1,123,747 $987,412
2022 $15,713 $1,849,845 $851,445 $998,400
2021 $7,632 $822,684 $629,748 $192,936
2020 $7,536 $814,566 $624,929 $189,637
2019 $7,809 $838,379 $658,665 $179,714
2018 $7,301 $764,823 $579,947 $184,876
2017 $7,304 $767,645 $0 $0
2016 $7,086 $709,798 $0 $0
2015 $6,538 $613,371 $0 $0
2014 $4,918 $474,173 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bobby Coe IV

    Coastal Collection Real Estate Inc.

  • Christopher Santry

    Buyer's Agent in 2021

    Christopher Santry

    Last Key Realty, Inc (KW)

    (305) 304-1933

    2 in this area

    20 Total Sales

    Christopher Santry
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596836

Florida Keys Board of REALTORS®

APN: 00028600-000000

Florida Monroe County Key West 33040 Old Town

516 Catherine St, Key West, FL

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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