NOT LISTED FOR SALE

5513 5th Ave Key West, FL 33040

Estimated Value: $617,000

4 Beds
5 Baths
1,824 Sq Ft
$338/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $306,000 $168 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,612/month

50 Days on Market

Highlights

  • No HOA
  • Fenced
  • 2-minute walk to Bernstein Park

About This Home

As of November 2015

A 4 unit apartment building located on Stock Island near the water front. The property is just down the street from Bernstein Park and near the local eating establishments. The rental market is very strong in Key West and these units should be rented very quickly. This could be a strong investment and a good return on investment. This is a Homepath Property

Last Agent to Sell the Property

Barbara Crespo

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 09/27/2015

Last Buyer's Agent

Heather Henson

Compass Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,189

Year Built

  • Built in 1978

Lot Details

  • 4,877 Sq Ft Lot
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • 1,824 Sq Ft Home
  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Location

  • Ground Level

Community Details

Overview

  • No Home Owners Association
  • Maloney Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,189

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Stock Island
  • K W Neighborhood: Outside of Key West
  • Limited Representation: Yes
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4189.00
  • Vehicle Storage: Off Street Parking
  • Year Built: 1978
  • Alternate Key Number: 1161365
  • Building Style: Ground Level
  • Lot Sq Ft: 4877.00
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1824.00
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Floor: Other
  • Appliances Other: YES
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Roof: Other Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2016
Sold by
Bennett Heather D and Bennett Bradley C
Bought by
Bennett Heather D
Current Estimated Value
$617,000

Purchase Details

Closed on
Apr 28, 2015
Sold by
Hernandez Jose R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 14, 2004
Sold by
Alvarez Ray and Alvarez Rose G
Bought by
Hernandez Jose Raul and Hernandez Patti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 1970
Bought by
Bennett Heather D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bennett Heather D $114,000 Attorney
Federal National Mortgage Association -- None Available
Hernandez Jose Raul $650,000 --
Bennett Heather D $4,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Jose Raul $487,500
Closed Hernandez Jose Raul $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2015 11/20/15 Sold $306,000 +2.0% $168 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
09/27/2015 09/27/15 For Sale $299,900 -- $164 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $4,829 -- -- --
2024 $4,829 -- -- --
2023 $4,067 -- -- --
2022 $4,067 $0 $0 $0
2021 $3,608 -- -- --
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Barbara Crespo

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • H

    Buyer's Agent in 2015

    Heather Henson

    Compass Realty

  • H

    Buyer's Agent in 2015

    Heather Bennett

    Florida Keys Real Estate Co. (KW)

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122140

Florida Keys Board of REALTORS®

APN: 00127150-000000

Florida Monroe County Key West 33040

5513 5th Ave, Key West, FL

Not Listed for Sale

MultiFamily

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