$400,000
SOLD MAR 18, 2022

5950 Peninsular Ave Unit 642 Key West, FL 33040

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

Recently Sold

5% Below List Price

6 Days on Market

Highlights

  • Ocean Front
  • Bar or Lounge
  • Gated with Attendant
  • Dock
  • Boat Slip
  • Clubhouse

About This Home

As of March 2022

Premium 50' boat slip located at Oceans Edge Resort & Marina on Stock Island. Slip 642 is located along the beginning of the marina seawall, with easy access and high visability with deep water access.

Last Agent to Sell the Property

Letisia Powell

Robert Slack LLC License #698624 Listed on: 02/18/2022

Robert Slack LLC

Co-Listed By

Steven Powell

Robert Slack LLC License #3512062

Last Buyer's Agent

Ann Wang

Sunshine State Realty Services

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,720

Year Built

  • Built in 1996

Lot Details

  • Ocean Front
  • Property is zoned OTH - Other Zoning

Outdoor Features

  • Seawall
  • Boat Slip
  • Dock

Utilities

  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8883692

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include bldg maintenance, clubhouse, vehicle parking, security, common area mnt, sewer
  • Oceanside Marina Subdivision

Amenities

  • Clubhouse
  • Bar or Lounge
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Outdoor Community Showers
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction: .

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Property Type

Other

Est. Annual Taxes

$1,720

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: 253.88
  • Mandatory HOA: Yes
  • Maintenance Fee Per: Monthly
  • Control Depth: 8
  • Dockage Seawall: Concrete
  • Fee Includes: Bldg Maintenance, Clubhouse, Vehicle Parking, Security, Common Area Mnt, Sewer
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Stock Island
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Max Height: 180.00
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Spa, Other Area Features, Manager on Premises, Community Pool
  • Pets W Restrictions: .
  • Property Group I D: 20080421221300205816000000
  • Sale Terms: Cash
  • Side: Ocean
  • Slip Length: 50.00
  • State Province: FL
  • Subtype: Wet
  • Taxes: 1719.96
  • Unit Slip Number: 642
  • Year Built: 1996
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

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

Utilities

  • Security: Manned Gate, No Security
  • Utilities: Water Separate Meter, Telephone, Pump Out Station, Electricity Available, Cable Available, Elect Separate Meter

Association/Amenities

  • Amenities: Hot Tub, Bath/Shower Facility, Bar, Fuel Station, Pool, Laundry Facilities, Clubhouse, Storage

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,VE,AE
  • Parcel Number: 8883692

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 18, 2022
Sold by
Powell and Letisia
Bought by
Sunshine Reality Llc
Seller's Agent
Letisia Powell
Robert Slack LLC
Buyer's Agent
Ann Wang
Sunshine State Realty Services
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.19%

Purchase Details

Closed on
Jan 13, 2014
Sold by
Tarantino Tarantino Joanne Joanne and Tarantino Wilson Joanne
Bought by
Powell Steven and Powell Letisia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 1996
Sold by
Key West Oceanside Marina Inc
Bought by
Tarantino Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,996
Interest Rate
8.27%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $400,000 Oropeza Stones Cardenas Pllc
Warranty Deed $163,800 None Available
Deed $49,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Commercial
Previous Owner $37,996 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 For Sale $2,500 -99.4% --
03/18/2022 03/18/22 Sold $400,000 -4.8% --
02/24/2022 02/24/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $420,000 +156.5% --
01/13/2015 01/13/15 Sold $163,750 -6.4% --
01/13/2015 01/13/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $175,000 -- --
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 $3,364 $402,469 $402,469 --
2023 $3,364 $389,813 $389,813 $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: 599736

Florida Keys Board of REALTORS®

APN: 00127420-000642