NOT LISTED FOR SALE

5950 Peninsular Ave Unit 685 Key West, FL 33040

Stock Island Area

Estimated Value: $896,643

1 Bed
-- Bath
-- Sq Ft
3.26 Acre Lot

Sale Details

Date Sold: June 25, 2025

Last sale price $900,000

Current estimated payment $5,816 / mo

42 Days on Market

Highlights

  • Ocean Front
  • Dock Facilities
  • Gated with Attendant
  • Boat Ramp
  • Boat Slip
  • Fish Cleaning Station

About This Home

As of June 2025

This highly desirable 80' premium live-aboard wet slip offers the ultimate Key West lifestyle in one of the most sought-after locations--Oceans Edge Resort & Marina. Ideally situated with deep water access and a secure, full-service facility, this slip provides everything you need for comfort, convenience, and adventure. The slip includes dock box storage, electric and water hookups, newer docks, and deeded ownership of the bay bottom. Residents enjoy access to top-tier amenities including a fitness center, six resort-style pools, bath and laundry facilities, on-site restaurant, fuel dock, pump-out service, a dog park, and a shuttle to downtown Key West. With an 8-foot control depth (at low tide) and 21-foot width, the slip easily accommodates larger vessels and offers quick, direct access to the open Atlantic--perfect for world-class fishing or leisurely backcountry island hopping to beaches, sandbars, and secluded coves. Whether you're a weekend boater or a full-time live-aboard, this slip is an ideal home for your vessel. When not in use, it can also be rented out (with some restrictions), and an optional on-site rental management program is available through the dock office.

Last Agent to Sell the Property

The Spottswood Team

Truman & Co. (KW) Brokerage Phone: 305-395-2360 Listed on: 04/30/2025

Co-Listed By

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-395-2360 License #161619

Last Buyer's Agent

Mike Kane

Internet Realty of the Florida Keys License #3422118

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Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,288

Year Built

  • Built in 1996

Lot Details

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

Parking

  • Open Parking

Outdoor Features

  • Boat Slip
  • Dock Facilities
  • Dock

Utilities

  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00127420-000685

Community Details

Overview

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

Amenities

  • Laundry Facilities

Recreation

  • Boat Ramp
  • Outdoor Community Showers
  • Community Pool
  • Fish Cleaning Station

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Property Type

Other

Est. Annual Taxes

$4,288

Year Built

Built in 1996

Lot Details

3.26 Acres

Listing Details

  • Property Type: Boat Slips
  • Style: Boat Slip
  • First Right of Refusal: Yes
  • Association Fee: 713.57
  • Mandatory HOA: Yes
  • Maintenance Fee Per: Monthly
  • 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
  • Neighborhood Feature: Community Pool, Other Area Features, Manager on Premises
  • Pets W Restrictions: YES
  • Property Group I D: 20080421221300205816000000
  • Sale Terms: Cash
  • Side: Ocean
  • Slip Length: 80.00
  • State Province: FL
  • Subtype: Wet
  • Taxes: 4288.47
  • Unit Slip Number: 685
  • Vehicle Storage: Open Parking
  • Year Built: 1996
  • Statistical Purposes Only: No
  • Attribution Contact: 305-395-2360
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

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

Utilities

  • Security: Manned Gate, 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, Fish Cleaning Statn, Boat Ramp, Fuel Station, Pool

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,VE,AE
  • Parcel Number: 00127420-000685

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2024

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
Apr 30, 2025
Closed on
Jun 25, 2025
Sold by
Bought by
Seller's Agent
The Spottswood Team
Truman & Co. (KW)
Buyer's Agent
Mike Kane
Internet Realty of the Florida Keys
List Price
$999,000
Sold Price
$900,000
Premium/Discount to List
-$99,000
-9.91%
Views
11
Current Estimated Value
$896,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,357
Avg. Annual Appreciation
-0.32%

Purchase Details

Closed on
Mar 17, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2000
Sold by
Bought by

Purchase Details

Closed on
Aug 5, 1997
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 1997
Bought by

Purchase Details

Closed on
Jun 1, 1996
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Key West, FL

  • Lisa Ferringo Real Estate Agent - Coldwell Banker Schmitt Real Estate Co

    Lisa Ferringo

    Coldwell Banker Schmitt Real Estate Co

    (786) 751-5529

    564 Total Sales

    3 in Stock Island

    $404K - $650K Price Range

    Lisa Ferringo
     Section Image
  • Terry Garcia Real Estate Agent - Keller Williams Key West Compass Realty

    Terry Garcia

    Responds Quickly

    Keller Williams Key West Compass Realty

    (786) 705-4897

    27 Total Sales

    3 in Stock Island

    $435K - $650K Price Range

    Terry Garcia
     Section Image
  • The Wesley Group Real Estate Agent - Bascom Grooms Real Estate (KW)

    The Wesley Group

    Bascom Grooms Real Estate (KW)

    (844) 983-1896

    25 Total Sales

    1 in Stock Island

    $501,000 Price

    The Wesley Group
     Section Image
  • Darrin Smith Real Estate Agent - Key West Luxury Real Estate Inc (KW)

    Darrin Smith

    Key West Luxury Real Estate Inc (KW)

    (813) 850-0259

    57 Total Sales

    2 in Stock Island

    $412,675 Price Range

    Darrin Smith
     Section Image
  • Michelle Howerton Real Estate Agent - Brenda Donnelly Real Estate LLC

    Michelle Howerton

    Brenda Donnelly Real Estate LLC

    (786) 705-6284

    33 Total Sales

    2 in Stock Island

    $599,000 Price Range

    Michelle Howerton
     Section Image
  • Everett Smith Real Estate Agent - Ocean Sotheby's International Realty

    Everett Smith

    Ocean Sotheby's International Realty

    (786) 745-7491

    19 Total Sales

    6 in Stock Island

    $675K - $1.3M Price Range

    Everett Smith
     Section Image
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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
$900,000 None Listed On Document
$521,000 Century Title Corporation
$589,300 Independent Abstract & Title
$69,000 --
$175,000 --
$122,500 --
$122,500 --
$75,000 --
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
Previous Owner $435,000
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
06/25/2025 06/25/25 Sold $900,000 -9.9% --
06/11/2025 06/11/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $999,000 -- --
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 $40,332 $410,930 $58,630 $352,300
2024 $38,078 $433,230 $58,750 $374,480
2023 $38,078 $433,230 $58,750 $374,480
2022 $23,692 $239,490 $29,190 $210,300
2021 $28,470 $246,380 $30,030 $216,350
2020 $25,927 $224,920 $30,030 $194,890
2019 $25,854 $224,920 $30,030 $194,890
2018 $28,593 $235,800 $32,040 $203,760
2017 $30,669 $254,210 $32,040 $222,170
2016 $30,569 $252,940 $44,580 $208,360
2015 -- $252,940 $44,580 $208,360
2014 $21,991 $181,630 $38,750 $142,880
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    The Spottswood Team

    Truman & Co. (KW)

  • Terri Spottswood Real Estate Agent - Truman & Co. (KW)

    Seller Co-Listing Agent in 2025

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    180 Total Sales

    Terri Spottswood
    Section Image
  • Mike Kane Real Estate Agent - Internet Realty of the Florida Keys

    Buyer's Agent in 2025

    Mike Kane

    Internet Realty of the Florida Keys

    (703) 962-0720

    25 Total Sales

    Mike Kane
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 614832

Key West Association of REALTORS®

APN: 00127420-000685

Florida Monroe County Key West 33040

5950 Peninsular Ave Unit 685, Key West, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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