NOT LISTED FOR SALE

5950 Peninsular Ave Unit 708 Key West, FL 33040

Estimated Value: $291,174

3.26 Acres
$89,317 Price per Acre
142,006 Sq Ft Lot

Last Sold January 29, 2022

Last sale price $260,000

Est. 12% increase in value since last sale

Current estimated payment $1,692/month

7 Days on Market

About This Lot

As of January 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

Bob Cardenas

Coastal Collection Real Estate Inc. License #3406183 Listed on: 12/28/2021

Co-Listed By

Matthew Carlson

Realty ONE Group Destination License #3413493

Last Buyer's Agent

Derek Epperly

Engel & Volkers Key West License #3313232

Property Details

Property Type

Land

Year Built

1996

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
  • 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
  • State Province: FL
  • Subtype: Wet
  • Taxes: 1738.82
  • Title: Negotiable
  • Unit Slip Number: 708
  • Year Built: 1996
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

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: 00127420-000708

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
Jan 28, 2022
Sold by
Walter A Foley And Murlyn Kay Foley Trus
Bought by
Sky Blue Pink Adventures Llc
Seller's Agent
Bob Cardenas
Coastal Collection Real Estate Inc.
Buyer's Agent
Derek Epperly
Engel & Volkers Key West
List Price
$280,000
Sold Price
$260,000
Premium/Discount to List
-$20,000
-7.14%
Current Estimated Value
$291,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,174
Avg. Annual Appreciation
2.84%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Sky Blue Pink Adventures Llc $260,000 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 List to Sale Price per Sq Ft
01/29/2022 01/29/22 Sold $260,000 -7.1% --
01/04/2022 01/04/22 Pending -- -- --
12/28/2021 12/28/21 For Sale $280,000 -- --
Source: Key West 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 $2,299 $272,270 $272,270 --
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

  • Bob Cardenas

    Seller's Agent in 2022

    Bob Cardenas

    Coastal Collection Real Estate Inc.

    (305) 304-8292

    20 in this area

    96 Total Sales

    Bob Cardenas
    Section Image
  • Matthew Carlson

    Seller Co-Listing Agent in 2022

    Matthew Carlson

    Realty ONE Group Destination

    (612) 791-2345

    14 in this area

    104 Total Sales

    Matthew Carlson
    Section Image
  • Derek Epperly

    Buyer's Agent in 2022

    Derek Epperly

    Engel & Volkers Key West

    (305) 923-4833

    6 in this area

    52 Total Sales

    Derek Epperly
    Section Image

  • D

    Buyer's Agent in 2022

    Derek Epperly, PA

    Berkshire Hathaway HomeServices Knight & Gardner Realty

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Map

Source: Key West Association of REALTORS®

MLS Number: 598956

Key West Association of REALTORS®

APN: 00127420-000708

Florida Monroe County Key West 33040

5950 Peninsular Ave Unit 708, Key West, FL

Not Listed for Sale

Lots

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