$3,599,999
SOLD FEB 4, 2025

522 Olivia St Key West, FL 33040

Old Town Neighborhood
4 Beds
4 Baths
1,828 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$1,969 Per Sq Ft

39% Above List Price

46 Days on Market

About This Home

As of February 2025

This newly built, exquisitely designed home, located in a prime location offers comfort and style to the highest standard.The architecture and gardens are designed by Key West's renowned designers. This 4 bedroom, 3.5 bath home embodies the pinnacle of luxury living. The open floor plan, introduces you to beautiful hand-finished walnut flooring, featuring 10-foot ceilings, an elegant half bath, a gourmet kitchen equipped with a Thermador appliance package, a wet bar, 58-bottle wine column beverage refrigerator, and built-in ice maker. The first floor primary suite with access to the backyard, features dramatic, cathedral ceilings, a wall of custom cabinetry, and a spectacular bathroom with double vanities, back lit mirrors and a skylight in the shower. The second story has 9-foot ceilings, 3 guest bedrooms, one of which is en-suite. For added convenience, there is an additional wet bar on this level, equipped with a beverage refrigerator. Other indoor features include marble tile, quartz counters, Samsung Frame TV's, impacted rated windows and doors, spray foam insulation, dual zone HVAC, and smart home controls. The outdoor experience presents IPE decking, a lush and private backyard with a stunning outdoor shower, sparkling saltwater, heated/chilled pool with a water feature, and off-street parking behind a motorized gate.

Last Agent to Sell the Property

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 11/25/2024

Last Buyer's Agent

Andrea Weitz

Island Life Realty Experts License #3051540

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,110

Year Built

2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 4
  • Fee Includes: None
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 5109.64
  • Vehicle Storage: Off Street Parking
  • Year Built: 2024
  • Alternate Key Number: 1017973
  • Building Style: Eyebrow
  • Cooling Heating: Central Air
  • Lot Sq Ft: 2940.00
  • Pool Info: In Ground, Salt Water
  • Porch Balcony: Open Porch/Balcony, Deck
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1828.00
  • Pre Wired: Cable, Cat 5
  • G F Interior Features: Tankless Hot Wtr Htr, LED Lighting, Dual Flush
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Wet Bar, Bar, Quartz Countertops, Smoke Alarms, Sky Light(s), Built-in Cabinets, Pantry, Cathedral Ceilings
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dryer, Ice Machine, Freezer, Disposal, Microwave, Oven, Refrigerator, Dishwasher
  • Floor: Wood, Marble
  • Half Bathrooms: 1
  • Windows/Doors: Double Hung Windows, Impact Rstnce Window, Impact Rstnce Doors, Sliding Glass Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Fencing, Water Display, Privacy Wall/Fence, Outdoor Shower, Lighting, Rain Gutters, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Parcel Number: 00017500-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2024
Closed on
Feb 4, 2025
Sold by
Teves Eric Christian and Burau Michael Scott
Bought by
Robert L Bowen Family Wealth Trust and Bucher
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
Andrea Weitz
Island Life Realty Experts
List Price
$2,599,000
Sold Price
$3,599,999
Premium/Discount to List
$1,000,999
38.51%
Views
26
Current Estimated Value
$3,433,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$166,809
Avg. Annual Appreciation
-6.94%

Purchase Details

Closed on
Sep 12, 2012
Bought by
Hall Marsha

Purchase Details

Closed on
Feb 1, 1976
Bought by
Hall Marsha
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 Type Sale Price Title Company
Warranty Deed $3,599,000 None Listed On Document
Warranty Deed $3,599,000 None Listed On Document
Deed -- --
Deed $8,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2025 02/04/25 Sold $3,599,999 0.0% $1,969 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
11/25/2024 11/25/24 Price Changed $3,599,000 +38.5% $1,969 / Sq Ft
11/25/2024 11/25/24 For Sale $2,599,000 +215.0% $1,422 / Sq Ft
04/15/2022 04/15/22 Sold $825,000 -8.3% $881 / Sq Ft View Prior Sale
02/09/2022 02/09/22 Pending -- -- --
10/23/2021 10/23/21 For Sale $900,000 -- $962 / 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 $5,110 $580,615 -- --
2023 $5,110 $596,603 $0 $0
2022 $6,106 $809,939 $0 $0
2021 $5,574 $628,352 $582,002 $46,350
2020 $5,520 $624,121 $577,548 $46,573
2019 $6,195 $655,300 $608,727 $46,573
2018 $6,170 $639,258 $541,283 $97,975
2017 $5,978 $640,774 $0 $0
2016 $5,722 $570,195 $0 $0
2015 $5,262 $485,482 $0 $0
2014 $5,051 $453,738 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Key West Luxury Finders

    Seller's Agent in 2025

    Key West Luxury Finders

    Preferred Properties (KW)

    (305) 240-0355

    33 in this area

    72 Total Sales

    Key West Luxury Finders
    Section Image

  • A

    Buyer's Agent in 2025

    Andrea Weitz

    Island Life Realty Experts

    (305) 292-2921

    7 in this area

    19 Total Sales

    Section Image
  • Joyce Craul

    Seller's Agent in 2022

    Joyce Craul

    Expert Realty LLC (HQ)

    (305) 509-3172

    4 in this area

    38 Total Sales

    Joyce Craul
    Section Image

  • G

    Buyer's Agent in 2022

    Gary Thomas

    Dunaway McKenzie Realtors (KW)

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 612412

Key West Association of REALTORS®

APN: 00017500-000000

Florida Monroe County Key West 33040 Old Town

522 Olivia St, Key West, FL

This home is located at 522 Olivia St, Key West, FL 33040 and is currently priced at $3,599,999, approximately $1,969 per square foot. This property was built in 2024. 522 Olivia 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.

Key West Association 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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