NOT LISTED FOR SALE

5555 College Rd Unit 4 Key West, FL 33040

Estimated Value: $290,089

6.58 Acres
$44,080 Price per Acre
286,668 Sq Ft Lot

Sale Details

Date Sold: March 20, 2024

Last sale price $265,000 $259 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,666 / mo

20 Days on Market

About This Lot

As of March 2024

Rare owner financing* for your purchase of Grouper #4 boat slip at Sunset Marina, Key West! Ideal for the saltwater sportsman or perfect for the weekend boater, Sunset Marina is a full-service marina with an ultra-modern concrete floating dock system offering direct open water access, in a tropical setting. Located on the Sunset Marina Residences side of the marina, your slip will accommodate a boat up to 45'. The 16 x 40 slip is fully deeded with bay bottom ownership and features a floating JetDock lift and electric and water service. With association membership, you'll enjoy gated access, beautifully manicured grounds, a scenic boardwalk, a heated pool, hot tub, and clubhouse complete with a kitchen to cook your catch. Lucrative 30 day slip rentals are allowed when you're not in port. Owners are allowed 2 consecutive days on board their boats or a total of 7 days within a 30 day period. The marina offers a convenient fuel station and tackle shop for all your boating needs. *Owner financing is available to qualified buyers with a minimum of 25% down. Rate and term may vary by offer. Seller will pay any current assessments at closing. Condo fees are $1500 and paid quarterly. JetDock is sold ''as is.'' Dock rules & regulations are readily available.

Last Agent to Sell the Property

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 02/26/2024

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Danny Sanchez

Century 21 All Keys Inc (KW) License #661934

Century 21 All Keys Inc (KW)

Property Details

Property Type

Land

Year Built

2000

Listing Details

  • Property Type: Boat Slips
  • Style: Boat Slip
  • First Right of Refusal: No
  • Maintenance Fee: 1500.00
  • Mandatory HOA: Yes
  • Maintenance Fee Per: Quarterly
  • Dockage Dock: Concrete
  • Fee Includes: Common Area Mnt, Clubhouse, Vehicle Parking, Security
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Max Height: 40.00
  • Mile Marker: 5.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Spa, Other Area Features, Fire Hydrant, Community Boat Ramp, Community Pool
  • Pets W Restrictions: YES
  • Property Group I D: 20080421221300205816000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • Slip Length: 40.00
  • State Province: FL
  • Subtype: Wet
  • Taxes: 1396.00
  • Unit Slip Number: Grouper #4
  • Year Built: 2000
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Boat Lift, Boat Slip, Boat Ramp
  • Waterfront: Gulf Front, Open Water
  • Waterfront: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Water Separate Meter, Water Available, Electricity Available, Elect Separate Meter

Association/Amenities

  • Amenities: Hot Tub, Bait/Tackle Store, Clubhouse

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00072080-002629

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2016
Sold by
Sunset Marina 5601 Llc
Bought by
Ramirez Jose E
Current Estimated Value
$290,089

Purchase Details

Closed on
Jun 14, 2004
Sold by
Samrick David S
Bought by
Sunset Ventures Of Key West Inc

Purchase Details

Closed on
Apr 30, 2004
Sold by
Sunset Ventures Of Key West Inc
Bought by
Ramirez Jose E and Ramirez Donna F
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Ramirez Jose E -- None Available
Sunset Ventures Of Key West Inc $165,000 --
Ramirez Jose E $220,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2024 03/20/24 Sold $265,000 -8.6% $259 / Sq Ft
03/17/2024 03/17/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $290,000 +5.5% $283 / Sq Ft
06/12/2023 06/12/23 Sold $275,000 +38.2% $269 / Sq Ft View Prior Sale
06/02/2023 06/02/23 Pending -- -- --
04/18/2023 04/18/23 Sold $199,000 -33.3% $194 / Sq Ft View Prior Sale
04/04/2023 04/04/23 Pending -- -- --
03/26/2023 03/26/23 Price Changed $298,500 -0.2% $292 / Sq Ft
03/25/2023 03/25/23 For Sale $299,000 +6.8% $292 / Sq Ft
09/20/2022 09/20/22 Sold $280,000 -6.4% $273 / Sq Ft View Prior Sale
07/28/2022 07/28/22 For Sale $299,000 0.0% $292 / Sq Ft
07/11/2022 07/11/22 For Sale $299,000 +110.6% $292 / Sq Ft
12/06/2021 12/06/21 Sold $142,000 -4.7% $139 / Sq Ft View Prior Sale
10/19/2021 10/19/21 For Sale $149,000 +10.4% $146 / Sq Ft
03/25/2013 03/25/13 Sold $135,000 -8.8% $132 / Sq Ft View Prior Sale
03/22/2013 03/22/13 Pending -- -- --
11/03/2012 11/03/12 For Sale $148,000 -- $145 / Sq Ft
Source: Key West Association 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 $1,656 $262,052 -- $262,052
2024 $1,493 $277,883 -- $277,883
2023 $1,493 $240,868 $0 $240,868
2022 $1,135 $146,713 $146,713 $0
2021 $1,053 $120,282 $120,282 $0
2020 $1,166 $133,528 $0 $133,528
2019 $1,040 $135,876 $0 $135,876
2018 $877 $97,350 $0 $0
2017 $1,145 $124,850 $0 $0
2016 $1,197 $123,184 $0 $0
2015 $1,691 $169,535 $0 $0
2014 $1,762 $169,535 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vic Musmanno

    Seller's Agent in 2024

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    118 Total Sales

    Vic Musmanno
    Section Image
  • Danny Sanchez

    Buyer's Agent in 2024

    Danny Sanchez

    Century 21 All Keys Inc (KW)

    (305) 896-7253

    16 Total Sales

    Danny Sanchez
    Section Image
  • James Spreitzer

    Seller's Agent in 2023

    James Spreitzer

    RE/MAX

    (305) 240-0438

    49 Total Sales

    James Spreitzer
    Section Image
  • Madeleine Lowe

    Buyer's Agent in 2023

    Madeleine Lowe

    Expert Realty LLC (HQ)

    (305) 496-7691

    51 Total Sales

    Madeleine Lowe
    Section Image
  • Dustan Carpenter

    Buyer's Agent in 2023

    Dustan Carpenter

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 304-7873

    29 Total Sales

    Dustan Carpenter
    Section Image

  • M

    Seller's Agent in 2022

    Matthew Sheehan

    Coastal Collection Real Estate Inc.

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 608902

Key West Association of REALTORS®

APN: 00072080-002609

Florida Monroe County Key West 33040

5555 College Rd Unit 4, Key West, FL

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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