$350,000
SOLD JUL 23, 2025

5555 College Rd Unit 12 Key West, FL 33040

8 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

8% Below List Price

3 Days on Market

About This Lot

As of July 2025

**Live-Aboard Boat Slip at Sunset Marina with possible owner financing**Discover the perfect live-aboard experience with this premium boat slip located in the serene Sunset Marina on Barracuda pier. This spacious slip measures 50 feet in length and 19 feet in width with the ability to dock a 55ft boat, offering ample room for your vessel and additional amenities. Boasting a generous control depth of 6 feet, this slip accommodates a variety of boats, ensuring your seafaring lifestyle is both convenient and enjoyable.Enjoy the benefits of this lucrative rental opportunity, generating an impressive $2,800 per month in rental income. This slip not only provides the ability to have a comfortable home on the water but also a sound investment in a picturesque marina environment. The slip's strategic location within Sunset Marina allows for easy access to the Gulf and Atlantic, making it ideal for both leisurely cruising and adventurous excursions.Sunset Marina offers a vibrant community atmosphere, complete with a variety of nearby amenities including a fuel dock, onsite management, convenience store, bath and showers, laundry matt, and one parking space. Residents will appreciate well-maintained docks, and convenient access to utilities. Don't miss your chance to own a slice of waterfront paradise while benefiting from an excellent rental income stream. Whether you're looking to relax and unwind or engage in your favorite water sports, this live-aboard slip at Sunset Marina is your gateway to an exceptional aquatic lifestyle.

Last Agent to Sell the Property

Justyn Ewald

Expert Realty LLC (HQ) License #3363807 Listed on: 06/23/2025

Last Buyer's Agent

Marilyn Wilbarger

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3218077

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Property Type

Land

Est. Annual Taxes

$1,828

Year Built

2000

Lot Details

0

Listing Details

  • Property Type: Boat Slips
  • Style: Boat Slip
  • First Right of Refusal: No
  • Association Fee: 1778.77
  • Mandatory HOA: Yes
  • Control Depth: 6
  • Dockage Dock: Concrete
  • Fee Includes: Common Area Mnt, Vehicle Parking
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Sunset Marina
  • Limited Representation: No
  • Mandatory Fee Per: Quarterly
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 20080421221300205816000000
  • Sale Terms: Seller Finance
  • Side: Bay/Gulf
  • Slip Length: 50.00
  • State Province: FL
  • Subtype: Live Aboard
  • Taxes: 2564.77
  • Title: Negotiable
  • Unit Slip Number: 12
  • Vehicle Storage: Assigned Parking
  • Vehicle Storage Cars: 1
  • Year Built: 2000
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Utilities: Electricity Available, Water Available

Association/Amenities

  • Amenities: Laundry Facilities, Fuel Station

Condo/Co-op/Association

  • Mandatory Fee: 1,778.37

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00072080-005116

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2025
Closed on
Jul 23, 2025
Sold by
Dane Gray Llc
Bought by
Millwater Donald Rives
Seller's Agent
Justyn Ewald
Expert Realty LLC (HQ)
Buyer's Agent
Marilyn Wilbarger
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$379,000
Sold Price
$350,000
Premium/Discount to List
-$29,000
-7.65%
Views
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
97.47%
Original Mortgage
$175,000
Outstanding Balance
$175,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Estimated Equity
$192,073

Purchase Details

Closed on
Mar 1, 2023
Sold by
Clewis David Craig and Clewis Gina Marie
Bought by
Dane Gray Llc

Purchase Details

Closed on
Feb 3, 2020
Sold by
Johnson Capital Llc
Bought by
Clewis David Craig and Clewis Gina Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2020
Sold by
Johnson Capital Llc and Johnson Diane H
Bought by
Clewis David Craig and Clewis Gina Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2006
Sold by
Kendall Gregory B and Sullivan Michael G
Bought by
Johnson Capital Llc

Purchase Details

Closed on
Apr 28, 2005
Sold by
Sunset Ventures Of Key West Inc
Bought by
Kendall Gregory B and Sullivan Michael G
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $350,000 None Listed On Document
Warranty Deed $345,000 --
Warranty Deed $164,000 --
Warranty Deed $164,000 Attorney
Warranty Deed $340,000 First American Title Ins Co
Condominium Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 Seller Take Back
Previous Owner $114,800 New Conventional
Previous Owner $114,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Sold $350,000 -7.7% --
06/23/2025 06/23/25 For Sale $379,000 -- --
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 $1,828 $311,453 $311,453 --
2023 $1,828 $300,624 $300,624 $0
2022 $1,450 $205,053 $205,053 $0
2021 $1,268 $144,743 $144,743 $0
2020 $1,180 $136,500 $0 $136,500
2019 $1,076 $122,068 $0 $122,068
2018 $1,100 $122,068 $0 $0
2017 $1,331 $166,200 $0 $0
2016 $1,175 $120,873 $0 $0
2015 $1,197 $120,000 $0 $0
2014 $1,286 $123,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Justyn Ewald

    Seller's Agent in 2025

    Justyn Ewald

    Expert Realty LLC (HQ)

    (305) 587-7330

    189 Total Sales

    Section Image

  • M

    Buyer's Agent in 2025

    Marilyn Wilbarger

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 240-0572

    16 Total Sales

    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 615548

Key West Association of REALTORS®

APN: 00072080-005116

Florida Monroe County Key West 33040

5555 College Rd Unit 12, Key West, FL

This home is located at 5555 College Rd Unit 12, Key West, FL 33040 and is currently priced at $350,000. This property was built in 2000. 5555 College Rd Unit 12 is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and Grace Lutheran 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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