NOT LISTED FOR SALE

5555 College Rd Unit 9 Key West, FL 33040

Estimated Value: $450,916

1 Bed
-- Bath
-- Sq Ft
7.86 Acres Lot

Sale Details

Date Sold: April 2, 2021

Last sale price $260,000

Est. 73% increase in value since last sale

Current estimated payment $2,660 / mo

122 Days on Market

Highlights

  • Boat Ramp
  • Property fronts gulf or ocean
  • Fish Cleaning Station
  • Dock Facilities
  • Boat Slip
  • Outdoor Community Showers

About This Home

As of April 2021

Live the dream and dock your boat at Key West's Sunset Marina with absolutely beautiful views. This Boat Slip Offers Easy Access to the Gulf of Mexico, Atlantic Ocean and, the Caribbean.The Slip Length Overall LOA is 66' and has a 20' Beam. This size slip rarely come on the market. With State of the art Bellingham floating concrete docks, and deeded dockominium bay bottom rights - this is a Once-In-A-Lifetime Opportunity. Marina. amenities include; management office, convenience store, bath & showers, coin laundry, fuel dock, pump-out, bait, mail boxes, off-street parking

Last Agent to Sell the Property

Robin Nilsson

Ocean Sotheby's International Realty Listed on: 11/10/2020

Last Buyer's Agent

Gerald Hughes

Seaport Realtors (KW)

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,268

Year Built

  • Built in 2000

Lot Details

  • Property fronts gulf or ocean
  • Property is zoned LDR-C - Coastal Low Density Residential

Parking

  • 1 Parking Space
  • Open Parking

Outdoor Features

  • Boat Slip
  • Dock Facilities
  • Dock

Utilities

  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00072080-005113

Community Details

Overview

  • Property has a Home Owners Association
  • $2,198 Annual Maintenance Fee
  • Association fees include vehicle parking
  • Sunset Marina Subdivision
  • Rental Restrictions

Amenities

  • Bait and Tackle Store
  • Laundry Facilities
  • Convenience Store
  • Community Storage Space

Recreation

  • Boat Ramp
  • Outdoor Community Showers
  • Fish Cleaning Station

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site

Property Details

Property Type

Other

Est. Annual Taxes

$1,268

Year Built

Built in 2000

Lot Details

7.86 Acres

Listing Details

  • Property Type: Boat Slips
  • Style: Boat Slip
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Maintenance Fee: 2197.86
  • Mandatory HOA: Yes
  • Maintenance Fee Per: Quarterly
  • Fee Includes: Vehicle Parking
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Manager on Premises
  • Pets W Restrictions: YES
  • Property Group I D: 20080421221300205816000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • Slip Length: 60.40
  • State Province: FL
  • Subtype: Wet
  • Taxes: 1267.86
  • Title: Negotiable
  • Unit Slip Number: 9
  • Vehicle Storage: Open Parking
  • Vehicle Storage Cars: 1
  • Year Built: 2000
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

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

Utilities

  • Security: Other
  • Utilities: Water Separate Meter, Pump Out Station, Cable Available, Elect Separate Meter

Association/Amenities

  • Amenities: Storage, Grocery Store, Bath/Shower Facility, Fish Cleaning Statn, Bait/Tackle Store, Boat Ramp, Laundry Facilities

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,VE,VE,AE,AE,AE
  • Parcel Number: 00072080-005113

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2026
Sold by
David Harrison
Bought by
Framily Time Llc
Current Estimated Value
$450,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$230,000
Interest Rate
7%
Mortgage Type
Construction
Estimated Equity
$220,916

Purchase Details

Closed on
May 31, 2023
Sold by
Madsen James A
Bought by
Harrison David

Purchase Details

Listed on
Nov 10, 2020
Closed on
Mar 25, 2021
Sold by
Weeks Orin H and First Restatement Of Orin H We
Bought by
Madsen James A and Quast Michele M
Seller's Agent
Robin Nilsson
Ocean Sotheby's International Realty
Buyer's Agent
Gerald Hughes
Seaport Realtors (KW)
List Price
$399,999
Sold Price
$260,000
Premium/Discount to List
-$139,999
-35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Original Mortgage
$170,100
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 10, 2020
Closed on
Mar 15, 2021
Sold by
Weeks Orin H and Orin H Weeks Jr Revocable Living Trust
Bought by
Madsen James A and Quast Michele M
Seller's Agent
Robin Nilsson
Ocean Sotheby's International Realty
Buyer's Agent
Gerald Hughes
Seaport Realtors (KW)
List Price
$399,999
Sold Price
$260,000
Premium/Discount to List
-$139,999
-35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,100
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2012
Sold by
Weeks Orin Haywood
Bought by
Weeks Orin Haywood and First Restatement Of The Orin H Weeks Jr

Purchase Details

Closed on
Jan 23, 2001
Bought by
Weeks Orin H Jr Revocable Living Trust 6/29/2
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Framily Time Llc $455,000 None Listed On Document
Framily Time Llc $455,000 None Listed On Document
Harrison David $455,000 None Listed On Document
Harrison David $455,000 None Listed On Document
Madsen James A $260,000 Attorney
Madsen James A $260,000 Attorney
Madsen James A $260,000 None Listed On Document
Madsen James A $260,000 None Listed On Document
Weeks Orin Haywood -- Attorney
Weeks Orin Haywood -- Attorney
Weeks Orin H Jr Revocable Living Trust 6/29/2 $165,000 --
Weeks Orin H Jr Revocable Living Trust 6/29/2 $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Framily Time Llc $230,000
Previous Owner Madsen James A $170,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2021 04/02/21 Sold $260,000 -35.0% --
11/10/2020 11/10/20 For Sale $399,999 +263.6% --
02/27/2015 02/27/15 Sold $110,000 +46.7% -- View Prior Sale
02/12/2015 02/12/15 Pending -- -- --
12/16/2014 12/16/14 Sold $75,000 -6.3% -- View Prior Sale
12/12/2014 12/12/14 Pending -- -- --
11/30/2014 11/30/14 For Sale $80,000 -32.8% --
11/11/2014 11/11/14 For Sale $119,000 -- --
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 $3,427 $405,698 $405,698 --
2024 $2,634 $416,175 $416,175 --
2023 $2,634 $381,969 $381,969 $0
2022 $2,097 $254,054 $254,054 $0
2021 $1,433 $184,320 $184,320 $0
2020 $1,321 $173,250 $0 $173,250
2019 $1,102 $124,986 $0 $124,986
2018 $1,126 $124,986 $0 $0
2017 $1,501 $174,934 $0 $0
2016 $1,388 $142,803 $0 $0
2015 $1,436 $144,000 $0 $0
2014 $1,543 $148,464 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robin Nilsson

    Ocean Sotheby's International Realty

  • G

    Buyer's Agent in 2021

    Gerald Hughes

    Seaport Realtors (KW)

  • J

    Buyer's Agent in 2021

    Jerry Hughes

    Old Town Realty

    (305) 240-1136

    43 Total Sales

    Jerry Hughes
    Section Image

  • K

    Seller's Agent in 2015

    Karen Carter

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • J

    Buyer's Agent in 2015

    Jim Spreitzer

    Century 21 All Keys Inc

  • James Spreitzer

    Buyer's Agent in 2015

    James Spreitzer

    RE/MAX

    (305) 240-0438

    49 Total Sales

    James Spreitzer
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593314

Florida Keys Board of REALTORS®

APN: 00072080-005113

Florida Monroe County Key West 33040

5555 College Rd Unit 9, 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.

Florida Keys Board 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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