NOT LISTED FOR SALE

5950 Peninsular Ave Unit 668 Key West, FL 33040

Estimated Value: $652,998

1 Bed
-- Bath
-- Sq Ft
3.26 Acres

Last Sold December 15, 2023

Last sale price $675,000

Est. 3% decrease in value since last sale

Current estimated payment $3,791/month

217 Days on Market

Highlights

  • Ocean Front
  • Bar or Lounge
  • Community Pool
  • Dock
  • Boat Slip
  • Outdoor Community Showers

About This Home

As of December 2023

Dock your boat in Key West! Located at Oceanside Marina at the Ocean's Edge Resort. The 60' boat slip will accommodate overall length of 61'. The renovated property includes all new docks, on-site restaurant, pump-out service, fitness center access, six pools, laundry and bath house facilities, dog park and hourly shuttle service to Old Town. Boating and fishing with easy access to the Atlantic Ocean. The slip can also be rented with restrictions.

Last Agent to Sell the Property

Karen Haack

Coldwell Banker Schmitt RE Co. License #338219 Listed on: 04/28/2023

Coldwell Banker Schmitt RE Co.

Last Buyer's Agent

Everett Smith

Compass Realty (KW)

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,399

Year Built

  • Built in 1996

Lot Details

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

Parking

  • Open Parking

Outdoor Features

  • Boat Slip
  • Dock

Utilities

  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00127420-000668

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area mnt, vehicle parking, security
  • Oceanside Marina Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Bar or Lounge
  • Laundry Facilities

Recreation

  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Property Type

Other

Est. Annual Taxes

$3,399

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Boat Slips
  • Style: Boat Slip
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 466.89
  • Mandatory HOA: Yes
  • Maintenance Fee Per: Monthly
  • Fee Includes: Common Area Mnt, Vehicle Parking, Security
  • 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: Community Pool
  • Pets W Restrictions: YES
  • Property Group I D: 20080421221300205816000000
  • Sale Terms: Cash
  • Side: Ocean
  • Slip Length: 60.00
  • State Province: FL
  • Subtype: Live Aboard
  • Taxes: 3398.67
  • Title: Negotiable
  • Unit Slip Number: 668
  • Vehicle Storage: Open Parking
  • Year Built: 1996
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: Water Separate Meter, Pump Out Station, Water Available, Electricity Available, Cable Available, Elect Separate Meter

Association/Amenities

  • Amenities: Laundry Facilities, Bath/Shower Facility, Bar, Fuel Station, Pool

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,VE,VE,AE
  • Parcel Number: 00127420-000668

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Dec 13, 2023
Sold by
Campfire Memories Llc
Bought by
Compton Barbara S and Compton Wesley J
Seller's Agent
Karen Haack
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Everett Smith
Compass Realty (KW)
List Price
$719,000
Sold Price
$675,000
Premium/Discount to List
-$44,000
-6.12%
Views
178
Current Estimated Value
$652,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,002
Avg. Annual Appreciation
-1.40%

Purchase Details

Listed on
Sep 14, 2021
Closed on
Nov 2, 2021
Sold by
Ward Michael
Bought by
Campfire Memories Llc
Seller's Agent
Bob Cardenas
Coastal Collection Real Estate Inc.
Buyer's Agent
Karen Haack
Coldwell Banker Schmitt RE Co.
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.08%

Purchase Details

Listed on
Apr 10, 2018
Closed on
Mar 1, 2019
Sold by
Allen Richards Jr Dean
Bought by
Ward Michael
Seller's Agent
Andy Birrell
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Robert Cardenas
Ocean Sotheby's International Realty
List Price
$500,000
Sold Price
$415,000
Premium/Discount to List
-$85,000
-17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%

Purchase Details

Closed on
Aug 31, 2018
Sold by
Richards Living Trust
Bought by
Richards Dean Allen and Richards San

Purchase Details

Closed on
Jul 20, 2007
Sold by
Richards Dean Allen
Bought by
Richards Dean Allen and The Richards Living Trust

Purchase Details

Closed on
Jun 15, 2007
Sold by
Hodges Steven
Bought by
Richards Dean Allen and The Richards Living Trust

Purchase Details

Closed on
Oct 2, 1997
Sold by
Spectre Corporation
Bought by
Hodges Steven

Purchase Details

Closed on
Jul 1, 1996
Bought by
Richards Living Trust 7/20/2007
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Compton Barbara S $675,000 None Listed On Document
Campfire Memories Llc $450,000 Unlimited Title
Ward Michael $415,000 None Listed On Document
Richards Dean Allen -- None Listed On Document
Richards Dean Allen $100 None Listed On Document
Richards Dean Allen -- None Available
Richards Dean Allen $400,000 None Available
Hodges Steven $105,000 --
Richards Living Trust 7/20/2007 $67,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Sold $675,000 -2.9% --
12/01/2023 12/01/23 Pending -- -- --
05/09/2023 05/09/23 Price Changed $695,000 -3.3% --
04/28/2023 04/28/23 For Sale $719,000 +59.8% --
11/03/2021 11/03/21 Sold $450,000 -9.1% -- View Prior Sale
10/21/2021 10/21/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $495,000 +19.3% --
03/01/2019 03/01/19 Sold $415,000 -17.0% -- View Prior Sale
03/01/2019 03/01/19 Pending -- -- --
04/10/2018 04/10/18 For Sale $500,000 -- --
Source: Marathon and Lower Keys Association 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 $4,714 $524,915 $524,915 --
2024 $4,017 $551,631 $551,631 --
2023 $4,017 $534,284 $534,284 $0
2022 $3,399 $392,797 $392,797 $0
2021 $3,193 $342,918 $342,918 $0
2020 $3,077 $326,654 $326,654 $0
2019 $1,808 $221,971 $221,971 $0
2018 $1,537 $155,316 $155,316 $0
2017 $1,388 $139,784 $0 $0
2016 $1,363 $139,784 $0 $0
2015 $1,570 $155,316 $0 $0
2014 $2,268 $214,683 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Haack

    Seller's Agent in 2023

    Karen Haack

    Coldwell Banker Schmitt RE Co.

    (305) 872-8056

    3 in this area

    111 Total Sales

    Karen Haack
    Section Image

  • E

    Buyer's Agent in 2023

    Everett Smith

    Compass Realty (KW)

  • Bob Cardenas

    Seller's Agent in 2021

    Bob Cardenas

    Coastal Collection Real Estate Inc.

    (305) 304-8292

    20 in this area

    98 Total Sales

    Bob Cardenas
    Section Image
  • Matthew Carlson

    Seller Co-Listing Agent in 2021

    Matthew Carlson

    Realty ONE Group Destination

    (612) 791-2345

    14 in this area

    106 Total Sales

    Matthew Carlson
    Section Image
  • Andy Birrell

    Seller's Agent in 2019

    Andy Birrell

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 923-5753

    11 in this area

    54 Total Sales

    Andy Birrell
    Section Image

  • R

    Buyer's Agent in 2019

    Robert Cardenas

    Ocean Sotheby's International Realty

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 605105

APN: 00127420-000668

Florida Monroe County Key West 33040

5950 Peninsular Ave Unit 668, Key West, FL

Not Listed for Sale

Other

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