NOT LISTED FOR SALE

5601 College Rd Unit E205 Key West, FL 33040

Estimated Value: $1,580,000 - $1,771,000

3 Beds
2 Baths
1,658 Sq Ft
6 Acre Lot

Sale Details

Date Sold: May 4, 2023

Last sale price $1,737,000 $1,048 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $11,503 / mo

40 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Lanai
  • Quartz Countertops
  • Concrete Pool
  • Furnished
  • Stainless Steel Appliances

About This Home

As of May 2023

TOTAL AND COMPLETE REMODEL 100% OF INTERIOR HAS BEEN DESIGNER REMODELED. Everything means EVERTYHING has been redone!! This IS a home magazine front page property...stunning. 3 bedroom waterfront condominium with open water and marina views!

Last Agent to Sell the Property

James Spreitzer

RE/MAX Keys Connection (KW) License #3117405 Listed on: 10/31/2022

RE/MAX Keys Connection (KW)

Last Buyer's Agent

Jim Spreitzer

Century 21 All Keys Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,975

Year Built

  • Built in 2000 | Remodeled

Lot Details

  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor

HOA Fees

  • $1,555 Monthly HOA Fees

Property Views

  • Gulf
  • Harbor

Home Design

  • Entry on the 2nd floor
  • Concrete Roof
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,658 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Home Security System

Kitchen

  • Oven
  • Range
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking
  • Open Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Screened Patio
  • Lanai
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00072080-002510

Community Details

Overview

  • Association fees include cable, common area mnt, building insurance, bldg exterior mnt, exterminating
  • Sunset Marina Subdivision
  • The community has rules related to vehicle restrictions
  • Rental Restrictions

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Complete Electric Power Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,975

Year Built

Built in 2000 | Remodeled

Lot Details

6 Acres

HOA Fees

$1,555 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 1555.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Exterminating
  • Key Island: Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Spa
  • Pets W Restrictions: 40lb Breed Restrict
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7974.91
  • Vehicle Storage: Assigned Parking, Covered Parking, Vehicle Restrictions, Guest Parking, Open Parking
  • Vehicle Storage Cars: 1
  • Year Built: 2000
  • Alternate Key Number: 9008110
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Screened Patio
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Roll Down Electric, Roll Down Manual
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1658.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Quartz Countertops, Window Treatments, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Fire Sprinkler, Elevator, Entrance Foyer, Pantry, Split Bedroom, Wet Bar
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Windows/Doors: Sliding Glass Doors, Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Bay Front, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Combo Construction, Concrete
  • Exterior Features: Hot Tub, Storage, Outdoor Shower, Lanai, Lighting
  • Roof: Metal Roof, Combo Roof, Concrete Roof
  • Waterview: Bay/Gulf View, Harbor/Marina View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,AE,AE,AE,VE,VE
  • Parcel Number: 00072080-002510
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
May 4, 2023
Sold by
Bought by
Seller's Agent
James Spreitzer
RE/MAX Keys Connection (KW)
Buyer's Agent
Jim Spreitzer
Century 21 All Keys Inc
List Price
$1,795,000
Sold Price
$1,737,000
Premium/Discount to List
-$58,000
-3.23%
Views
28
Current Estimated Value
$1,657,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,989
Avg. Annual Appreciation
-1.07%
Original Mortgage
$398,750
Interest Rate
0.0642%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2017
Closed on
Mar 15, 2018
Sold by
Bought by
Seller's Agent
Heather Carruthers
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Jim Spreitzer
Century 21 All Keys Inc
List Price
$995,000
Sold Price
$940,000
Premium/Discount to List
-$55,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$750,000
Interest Rate
0.0432%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 2002
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,737,000 None Listed On Document
$940,000 None Listed On Document
$800,000 Attorney
$568,300 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $398,750
Closed $750,000
Closed $750,000
Closed $500,000
Closed $417,000
Closed $150,000
Closed $495,000
Closed $305,000
Closed $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2023 05/04/23 Sold $1,737,000 -3.2% $1,048 / Sq Ft
10/31/2022 10/31/22 For Sale $1,795,000 +91.0% $1,083 / Sq Ft
03/15/2018 03/15/18 Sold $940,000 -5.5% $567 / Sq Ft View Prior Sale
01/26/2018 01/26/18 Pending -- -- --
10/23/2017 10/23/17 For Sale $995,000 -- $600 / Sq Ft
Source: Key West Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,980 $1,418,783 -- $1,418,783
2024 $8,614 $1,396,628 -- $1,396,628
2023 $8,614 $1,019,979 $0 $1,019,979
2022 $7,576 $863,875 $0 $863,875
2021 $7,975 $861,851 $0 $861,851
2020 $7,663 $829,046 $0 $829,046
2019 $7,151 $763,737 $0 $763,737
2018 $7,237 $806,801 $0 $0
2017 $6,882 $780,514 $0 $0
2016 $6,257 $602,043 $0 $0
2015 $6,425 $602,043 $0 $0
2014 $6,157 $552,114 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 602934

Key West Association of REALTORS®

APN: 00072080-002510

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