NOT LISTED FOR SALE

5950 Peninsular Ave Unit 707 Key West, FL 33040

Estimated Value: $295,315

1 Bed
-- Bath
-- Sq Ft
3.26 Acres

Last Sold March 11, 2022

Last sale price $275,000

Est. 7% increase in value since last sale

Current estimated payment $1,803/month

61 Days on Market

Highlights

  • Ocean Front
  • Boat Slip
  • Community Pool
  • Dock
  • Fish Cleaning Station
  • Outdoor Community Showers

About This Home

As of March 2022

Dock your boat in style at this beautiful 45-foot boat slip located at Oceanside Marina at the Ocean's Edge Key West Hotel, one of Key west's best marinas for more than 35 years. 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, a fully-covered and secure dry-rack storage facility and hourly shuttle service to Old Town. Boating and fishing enthusiasts will love the easy access to the Atlantic Ocean. Live aboard owners are welcome and rental allowed up to 120 days.

Last Agent to Sell the Property

Robert Cardenas

Ocean Sotheby's International Realty Listed on: 12/28/2021

Co-Listed By

Matthew Carlson

Ocean Sotheby's International Realty License #3413493

Last Buyer's Agent

Gerald Hughes

Seaport Realtors (KW)

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,739

Year Built

  • Built in 1996

Lot Details

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

Outdoor Features

  • Boat Slip
  • Dock

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00127420-000707

Community Details

Overview

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

Recreation

  • Outdoor Community Showers
  • Community Pool
  • Fish Cleaning Station

Pet Policy

  • Pet Restriction: YES

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Property Type

Other

Est. Annual Taxes

$1,739

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Boat Slips
  • Style: Boat Slip
  • First Right of Refusal: Yes
  • Association Fee: 201.91
  • Mandatory HOA: Yes
  • Maintenance Fee Per: Monthly
  • Control Depth: 8
  • Fee Includes: Common Area Mnt, 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: Manager on Premises, Other Area Features, Fire Hydrant
  • Pets W Restrictions: YES
  • Property Group I D: 20080421221300205816000000
  • Sale Terms: Cash
  • Side: Ocean
  • Slip Length: 45.00
  • State Province: FL
  • Subtype: Live Aboard
  • Taxes: 1738.82
  • Title: Negotiable
  • Unit Slip Number: 707
  • 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: Patrolled Area
  • Utilities: Water Separate Meter, Telephone, Pump Out Station, Electricity Available, Cable Available

Association/Amenities

  • Amenities: Laundry Facilities, Bath/Shower Facility, Fish Cleaning Statn, Pool

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,VE,AE
  • Parcel Number: 00127420-000707

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2021
Closed on
Mar 10, 2022
Sold by
Walter And Kay Foley Trust
Bought by
Madsen James A and Quast Michele M
Seller's Agent
Robert Cardenas
Ocean Sotheby's International Realty
Buyer's Agent
Gerald Hughes
Seaport Realtors (KW)
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%
Current Estimated Value
$295,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,315
Avg. Annual Appreciation
1.14%

Purchase Details

Closed on
Apr 23, 2007
Sold by
Foley Walter A
Bought by
Foley Walter A and Foley Murlyn Kay

Purchase Details

Closed on
May 24, 2002
Sold by
Key West Oceanside Marina Inc C
Bought by
Foley Kay E

Purchase Details

Closed on
May 20, 2002
Bought by
Foley Walter And Kay Trust 4/16/07
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Madsen James A $275,000 Oropeza Stones Cardenas Pllc
Foley Walter A -- Attorney
Foley Kay E $60,000 --
Foley Walter And Kay Trust 4/16/07 $60,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $275,000 -1.8% --
02/27/2022 02/27/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $280,000 0.0% --
01/08/2022 01/08/22 Pending -- -- --
12/28/2021 12/28/21 For Sale $280,000 -- --
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 $2,235 $272,784 $272,784 --
2023 $2,235 $264,206 $264,206 $0
2022 $1,647 $216,169 $216,169 $0
2021 $1,739 $235,125 $235,125 $0
2020 $1,670 $234,731 $234,731 $0
2019 $1,324 $153,804 $153,804 $0
2018 $1,191 $125,694 $125,694 $0
2017 $1,071 $113,124 $0 $0
2016 $1,103 $113,124 $0 $0
2015 $1,134 $125,694 $0 $0
2014 $1,162 $138,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Robert Cardenas

    Ocean Sotheby's International Realty

  • M

    Seller Co-Listing Agent in 2022

    Matthew Carlson

    Ocean Sotheby's International Realty

  • G

    Buyer's Agent in 2022

    Gerald Hughes

    Seaport Realtors (KW)

  • J

    Buyer's Agent in 2022

    Jerry Hughes

    Old Town Realty

    (305) 240-1136

    12 in this area

    55 Total Sales

    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598955

Florida Keys Board of REALTORS®

APN: 00127420-000707

Florida Monroe County Key West 33040

5950 Peninsular Ave Unit 707, Key West, FL

This home is located at 5950 Peninsular Ave Unit 707, Key West, FL 33040 since 28 December 2021 and is currently estimated at $295,315. This property was built in 1996. 5950 Peninsular Ave Unit 707 is a home located in Monroe County with nearby schools including Gerald Adams Elementary School and Key West High School.

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.

Florida Keys Board 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.

Nearby Homes