$265,000
SOLD MAR 20, 2024

5555 College Rd Unit 4 Key West, FL 33040

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

Recently Sold

$259 Per Sq Ft

9% Below List Price

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

Est. Annual Taxes

$1,493

Year Built

2000

Lot Details

0

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
  • Control Depth: 6
  • 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

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

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
Quit Claim Deed -- None Available
Special Warranty Deed $165,000 --
Special Warranty Deed $220,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Price Changed $299,000 -13.3% --
10/12/2024 10/12/24 For Sale $345,000 -1.4% --
07/09/2024 07/09/24 Off Market $350,000 -- --
05/22/2024 05/22/24 For Sale $350,000 +32.1% --
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
06/02/2023 06/02/23 Pending -- -- --
04/18/2023 04/18/23 Sold $199,000 -33.3% $194 / Sq Ft
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
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
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
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 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 $1,493 $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

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Map

Source: Key West Association of REALTORS®

MLS Number: 608902

Key West Association of REALTORS®

APN: 00072080-002609