$285,000
SOLD MAY 15, 2025

5555 College Rd Unit 10 Key West, FL 33040

7 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

17% Below List Price

94 Days on Market

About This Lot

As of May 2025

Own your own 50ft boat slip (LOA 55') in Sunset Marina, a wonderful, quiet & secure marina on the Gulf in Key West. Positioned at the end of a T-dock on Sailfish Pier, this is a deeded slip, so you own the bay bottom and have unparalleled access with direct deep-water ingress and egress to the Gulf & easy access to the Atlantic.Located on the leeward side of Key West, this marina offers the ultimate in convenience and amenities. Shore power, fresh water, a fuel dock, and an on-site convenience store are readily available. The gated entrance to Sunset Marina Residences adds an extra layer of security and peace of mind.As a slip owner, you'll enjoy exclusive access to the marina's pool, spa, and owner's lounge, complete with bathrooms, a bar area with a TV, and a fully equipped kitchen. Ample parking is provided, making this the perfect retreat to relax and unwind after a day on the water. Can be purchased with Slip # 9 with a combined price of $650,000.Please note: Liveaboards are not permitted.This unique opportunity offers the ideal combination of security, luxury, and convenience in one of Key West's premier marinas.

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 01/17/2025

Co-Listed By

Team Spottswood/Vazquez

Truman & Co. (KW) Brokerage Phone: 305-587-3407

Last Buyer's Agent

Mason Kelly

Expert Realty LLC (HQ) License #3627786

Property Details

Property Type

Land

Est. Annual Taxes

$1,761

Year Built

2000

Lot Details

0

Listing Details

  • Property Type: Boat Slips
  • Style: Boat Slip
  • First Right of Refusal: Yes
  • Association Fee: 2098.64
  • Mandatory HOA: Yes
  • Maintenance Fee Per: Quarterly
  • Control Depth: 6
  • Dockage Dock: Concrete
  • Dockage Dock Length: 50
  • Document Count: 1
  • Fee Includes: Water, Clubhouse, Vehicle Parking, Common Area Mnt, Insurance
  • Fee Includes Electric: YES
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Spa, Community Pool
  • Pets W Restrictions: YES
  • Property Group I D: 20080421221300205816000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • Slip Length: 50.00
  • State Province: FL
  • Subtype: Wet
  • Taxes: 1907.00
  • Unit Slip Number: 10
  • Vehicle Storage: Open Parking, Guest Parking
  • Year Built: 2000
  • Statistical Purposes Only: Yes
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Dock Privileges, Boat Slip, Assigned Dock
  • Waterfront: Gulf Front
  • Waterfront: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Electricity Available, Water Available

Association/Amenities

  • Amenities: Hot Tub, Bath/Shower Facility, Fish Cleaning Statn, Bait/Tackle Store, Fuel Station, Pool, Clubhouse, Outdoor Shower

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE,AE
  • Parcel Number: 00072080-002615

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
May 15, 2025
Sold by
Simard John
Bought by
Red Door Properties Llc
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Mason Kelly
Expert Realty LLC (HQ)
List Price
$345,000
Sold Price
$285,000
Premium/Discount to List
-$60,000
-17.39%
Views
31

Purchase Details

Closed on
Sep 8, 2020
Sold by
Klein Steven J and Klein Julia A
Bought by
Simard John

Purchase Details

Closed on
Mar 4, 2005
Sold by
Sunset Ventures Of Key West Inc
Bought by
Stiver William E and Stiver Carla A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2004
Sold by
Sunset Ventures Of Key West Inc
Bought by
Klein Steven J and Klein Julia A
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 $235,000 None Listed On Document
Warranty Deed $310,000 Oropeza Stones Cardenas Pllc
Condominium Deed $100,000 --
Special Warranty Deed $189,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2025 06/29/25 Price Changed $365,000 +22.1% --
06/23/2025 06/23/25 For Sale $299,000 +4.9% --
05/15/2025 05/15/25 Sold $285,000 -5.0% --
02/25/2025 02/25/25 Price Changed $300,000 -13.0% --
01/17/2025 01/17/25 For Sale $345,000 -10.8% --
01/02/2025 01/02/25 For Sale $386,800 0.0% --
12/31/2024 12/31/24 Off Market $386,800 -- --
07/30/2024 07/30/24 For Sale $386,800 -- --
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 $1,761 $340,230 -- $340,230
2023 $1,761 $297,763 $0 $297,763
2022 $1,287 $167,555 $167,555 $0
2021 $1,190 $135,912 $135,912 $0
2020 $1,221 $142,999 $0 $142,999
2019 $1,140 $135,947 $0 $135,947
2018 $1,026 $113,850 $0 $0
2017 $1,297 $141,350 $0 $0
2016 $1,349 $138,777 $0 $0
2015 $1,691 $169,535 $0 $0
2014 $1,762 $169,535 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 613174

Key West Association of REALTORS®

APN: 00072080-002615