$375,000
SOLD JAN 10, 2022

5950 Peninsular Ave Unit 631 Key West, FL 33040

-- Bed
-- Bath
-- Sq Ft
3.26 Acres

Recently Sold

6% Below List Price

317 Days on Market

Highlights

  • Ocean Front
  • Dock made with concrete
  • Gated with Attendant
  • Boat Ramp
  • Boat Slip
  • Outdoor Community Showers

About This Home

As of January 2022

Perfect boat dockage. Live aboard or rent out. Upscale Ocean's Edge Resort and Marina. Many amenities. Bath house, pump-out, bait tackle shop and restaurant. Deep water ocean access. Enjoy the resorts 6 swimming pools. One parking spot included. Located in up and coming Stock Island. Only 6 miles from Key West's historic Old Town. One of the largest slips on the South Pier Owner can live aboard with no restrictions. A rental can live aboard only 120 consecutive days.

Last Agent to Sell the Property

Joanne Tarantino

Island Group Realty (KW) Listed on: 01/28/2021

Last Buyer's Agent

Derek Epperly

Keys Atlantic Realty License #3313232

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,496

Year Built

  • Built in 1996

Lot Details

  • Ocean Front
  • Property is zoned MU - Mixed Use District

Parking

  • Open Parking

Outdoor Features

  • Boat Ramp
  • Boat Slip
  • Dock made with concrete
  • Dock

Listing and Financial Details

  • Assessor Parcel Number 00127420-000631

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, phone, vehicle parking, security, common area mnt
  • Oceanside Marina Subdivision
  • Rental Restrictions

Amenities

  • Bait and Tackle Store
  • Laundry Facilities

Recreation

  • Boat Ramp
  • Outdoor Community Showers

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Property Type

Other

Est. Annual Taxes

$1,496

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Boat Slips
  • Style: Boat Slip
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 254.53
  • Mandatory HOA: Yes
  • Control Depth: 8
  • Dockage Dock: Concrete
  • Document Count: 4
  • Fee Includes: Water, Phone, Vehicle Parking, Security, Common Area Mnt
  • Fee Includes Electric: YES
  • Fee Includes Pump Out: YES
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Stock Island
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Manager on Premises
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 20080421221300205816000000
  • Sale Terms: Cash
  • Side: Ocean
  • Slip Length: 50.00
  • State Province: FL
  • Subtype: Wet
  • Taxes: 1495.88
  • Unit Slip Number: 631
  • Vehicle Storage: Open Parking
  • Year Built: 1996
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Dockage: Boat Ramp, Boat Slip
  • Waterfront: Oceanfront
  • Waterfront: Yes

Utilities

  • Security: Manned Gate
  • Utilities: Water Separate Meter, Pump Out Station, Water Available, Electricity Available

Association/Amenities

  • Amenities: Laundry Facilities, Bath/Shower Facility, Bait/Tackle Store, Boat Ramp, Fuel Station

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,VE,AE
  • Parcel Number: 00127420-000631

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Jan 10, 2022
Sold by
Rowley and Patricia
Bought by
Sky Blue Pink Adventures Llc
Seller's Agent
Joanne Tarantino
Island Group Realty (KW)
Buyer's Agent
Derek Epperly
Keys Atlantic Realty
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%

Purchase Details

Closed on
Jul 3, 1996
Sold by
Key West Oceanside Marina Inc
Bought by
Rowley Richard D and Rowley Patricia M
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
Warranty Deed $375,000 Oropeza Stones Cardenas Pllc
Deed $49,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $540,000 +44.0% --
01/10/2022 01/10/22 Sold $375,000 -6.3% --
01/28/2021 01/28/21 For Sale $400,000 -- --
Source: Florida Keys Board 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 $3,160 $377,625 $377,625 --
2023 $3,160 $365,750 $365,750 $0
2022 $1,886 $269,719 $269,719 $0
2021 $1,792 $226,875 $226,875 $0
2020 $1,926 $287,563 $287,563 $0
2019 $1,496 $181,944 $181,944 $0
2018 $1,275 $127,581 $127,581 $0
2017 $1,152 $114,823 $0 $0
2016 $1,120 $114,823 $0 $0
2015 $1,289 $127,581 $0 $0
2014 $1,478 $141,077 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594466

Florida Keys Board of REALTORS®

APN: 00127420-000631