NOT LISTED FOR SALE

524 Margaret St Unit 3 Key West, FL 33040

Old Town Neighborhood
2 Beds
1 Bath
652 Sq Ft
5,663 Sq Ft Lot

Last Sold August 09, 2012

Last sale price $250,000 $383 Per Sq Ft

93 Days on Market

Highlights

  • Concrete Pool
  • Key West Architecture
  • No HOA
  • 0.13 Acre Lot
  • Cathedral Ceiling
  • 5-minute walk to Dry Tortugas National Park

About This Home

As of August 2012

Comfortable condo (fully furnished) retains all the charm and beauty of a classic Key West home in the heart of Old Town Key West: warm tongue-and-groove pine walls, tasteful ceramic tile, and high vaulted ceilings. Remodeled kitchen and new brick patio. 2nd bedroom is a new addition. Quiet tropical grounds provide a peaceful place to relax by the heated, black granite pool. Short walk to the Historic Seaport or Duval Street. Margaret Square is a small, 4-unit condominium with reasonable fees. Rental income potential approx $1,800/month. 3rd Party approval required by DOD's Military Homeowner Assistance Program, similar to short-sale but less distress, less time-consuming.

Last Buyer's Agent

Jim Smith

Florida Keys Real Estate Co. (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 1938

Lot Details

  • Fenced
  • Sprinkler System

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 652 Sq Ft Home
  • Partially Furnished
  • Cathedral Ceiling
  • Double Hung Windows
  • French Doors

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Concrete Pool
  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Old Town Unrecord Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,800

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 450.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Other, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Selling Info: Military HAP (Homeowner's Assistance Prgm)
  • Side: Median
  • State Province: FL
  • Taxes: 2800.00
  • Year Built: 1938
  • Alternate Key Number: 9075045
  • Building Style: Conch
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 5450.00
  • Pool Info: Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 652.00
  • Pool Info Other: Alarm;
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Dade County Pine, Cathedral Ceilings
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Oven, Dryer
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Double Hung Windows, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Shed, Sprinkler System, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Furnished: Negotiable, Partially

Tax Info

  • Tax Year: 2008

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2012 08/09/12 Sold $250,000 0.0% $383 / Sq Ft
08/09/2012 08/09/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $250,000 -- $383 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 116457

Florida Keys Board of REALTORS®