$700,000
SOLD APR 17, 2023

5950 Peninsular Ave Unit 669 Key West, FL 33040

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

Recently Sold

7% Below List Price

263 Days on Market

Highlights

  • Ocean Front
  • Boat Slip
  • Laundry Facilities
  • Dock
  • Outdoor Community Showers

About This Home

As of April 2024

Live the life of Luxury at Ocean's Edge Marina. This 60' Boat Slip will accommodate overall length of 61' by 22' wide. This premier yachting destination allows unrestricted owner live aboard privileges. A stunning hotel and restaurant are also on the property. Immediate deep-water access to the Atlantic Ocean. Some of the amenities are: fuel dock, ice, bait, bathrooms, showers, laundry facilities, waste pump out and much more.

Last Agent to Sell the Property

Richard Lively

Coldwell Banker Schmitt Real Estate Co. (KW) License #3025597 Listed on: 07/12/2022

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Juan Benitez

Compass Realty (KW)

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,316

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

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00127420-000669

Community Details

Overview

  • Property has a Home Owners Association
  • $467 Annual Maintenance Fee
  • Association fees include common area mnt, vehicle parking
  • Oceanside Marina Subdivision
  • Rental Restrictions

Amenities

  • Laundry Facilities

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pet Restriction: YES

Property Details

Property Type

Other

Est. Annual Taxes

$2,316

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 Approval Required: Yes
  • Maintenance Fee: 466.89
  • Mandatory HOA: Yes
  • Maintenance Fee Per: Monthly
  • Control Depth: 8
  • Fee Includes: Common Area Mnt, Vehicle Parking
  • 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
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 20080421221300205816000000
  • Sale Terms: Cash
  • Side: Ocean
  • Slip Length: 60.00
  • State Province: FL
  • Subtype: Wet
  • Taxes: 2316.08
  • Title: Negotiable
  • Unit Slip Number: 669
  • 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: Other
  • Utilities: Cable Available, Telephone, Pump Out Station, Water Available, Electricity Available

Association/Amenities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,VE,AE
  • Parcel Number: 00127420-000669

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2025
Sold by
Darby Christopher A R
Bought by
Kimberley R Darby Revocable Trust and Darby
Current Estimated Value
$628,839

Purchase Details

Listed on
Jan 31, 2024
Closed on
Apr 6, 2024
Sold by
Pipe Dream Fishing Llc
Bought by
Darby Christopher
Seller's Agent
Juan Benitez Benitez
Keller Williams Key West Compass Realty
Buyer's Agent
Suzanne Washburn
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$750,000
Sold Price
$635,000
Premium/Discount to List
-$115,000
-15.33%
Views
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
-3.26%

Purchase Details

Listed on
Jul 12, 2022
Closed on
Apr 17, 2023
Sold by
Barrett Paul Herbert
Bought by
Pipe Dream Fishing Llc
Seller's Agent
Richard Lively
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Juan Benitez
Compass Realty (KW)
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.56%

Purchase Details

Closed on
Sep 22, 2011
Sold by
Barrett Paul Herbert and Barrett Donna Lou
Bought by
Barrett Paulette Lynn

Purchase Details

Closed on
Jun 30, 2008
Sold by
Simon James E
Bought by
Barrett Paul and Barrett Donna

Purchase Details

Closed on
Jul 1, 1996
Bought by
Barrett Paul L and Barrett E
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
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $635,000 None Listed On Document
Warranty Deed $700,000 None Listed On Document
Quit Claim Deed $165,700 Attorney
Warranty Deed $455,000 None Available
Warranty Deed $67,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $635,000 -2.3% --
03/24/2024 03/24/24 Price Changed $650,000 -13.3% --
01/31/2024 01/31/24 For Sale $750,000 +7.1% --
04/17/2023 04/17/23 Sold $700,000 -3.4% --
04/01/2023 04/01/23 Pending -- -- --
08/26/2022 08/26/22 Price Changed $725,000 -3.3% --
07/12/2022 07/12/22 For Sale $750,000 -- --
Source: Marathon and Lower Keys Association 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 $2,883 $551,631 $551,631 --
2023 $2,883 $534,284 $534,284 $0
2022 $2,403 $392,797 $392,797 $0
2021 $2,316 $342,918 $342,918 $0
2020 $2,182 $326,654 $326,654 $0
2019 $1,743 $221,971 $221,971 $0
2018 $1,472 $155,316 $155,316 $0
2017 $1,323 $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

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 601769

APN: 00127420-000669