NOT LISTED FOR SALE

5960 Peninsular Ave Unit 103 Key West, FL 33040

Estimated Value: $1,182,487 - $1,413,000

3 Beds
2 Baths
1,352 Sq Ft
$1,200/mo HOA Fee

Last Sold June 07, 2022

Last sale price $1,199,000 $887 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,421/month

7 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Granite Countertops
  • Heated In Ground Pool
  • Furnished
  • Stainless Steel Appliances

About This Home

As of June 2022

Lavender, purple, magenta, emerald, milky baby blue, gemlike aquamarine. These are a few of the breathtaking colors you will experience while slumbering on your balcony of this beautiful 3 bedroom 2 bath Ocean front fully furnished home. Designer kitchen with granite counter tops, custom cabinetry, custom lighting, and high end furnishings are just a few of the amenities. Located at a World class marina on the Atlantic Ocean, this renovated home compares to none. Not only is this a luxurious property with many upgrades and amenities, it is also concrete construction with impact glass. This is a rare opportunity to own in the prestigious marina, with these types of views. Coveted private parking space conveys. This hidden oasis offers a large, heated pool and hot tub and is conveniently located next to Ocean's Edge Marina with plenty of yacht dockage. This rare opportunity will not last long!

Last Listed By

Rick Lively

Coldwell Banker Schmitt R.E. Listed on: 05/03/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,737

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • Ocean Front
  • Fenced

HOA Fees

  • $1,200 Monthly HOA Fees

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,352 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Ceiling Fan
  • Entrance Foyer
  • Tile Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Covered Parking
  • Electric Gate
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00127430-000103

Community Details

Overview

  • Association fees include bldg exterior mnt, security, cable, building insurance
  • Oceanside Marina Subdivision
  • Rental Restrictions

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction: YES

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,737

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$1,200 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1200.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Security, Cable, Building Insurance
  • Key Island: Stock Island
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Spa
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5736.77
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Covered Parking
  • Vehicle Storage Cars: 1
  • Year Built: 2003
  • Alternate Key Number: 9053353
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1352.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Bar, Pantry, Window Treatments, Walk-in Closet(s), Split Bedroom, Granite Counter Top, Entrance Foyer, Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None, Other Dockage
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: Concrete, Other
  • Exterior Features: Fencing, Outdoor Shower, Lighting, Hot Tub
  • Roof: Metal Roof, Other Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Other
  • Utilities: Cable Available, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,VE,AE
  • Parcel Number: 00127430-000103
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 7, 2022
Sold by
Miles Gay C
Bought by
Bolen Larry
Seller's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
Buyer's Agent
Suzanne Moore
Truman & Co. (KW)
List Price
$1,199,000
Sold Price
$1,199,000
Total Days on Market
7
Current Estimated Value
$1,327,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,872
Avg. Annual Appreciation
3.41%

Purchase Details

Closed on
Feb 3, 2012
Sold by
Fleetwood Gay C
Bought by
Miles Gay C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2005
Sold by
Mccaffrey Vanessa J
Bought by
Fleetwood Gay C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 5, 2004
Sold by
Pintauro Joseph T and Therriault Gregory A
Bought by
Mccaffrey Vanessa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,250
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 25, 2003
Bought by
Miles Gay C

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 Buyer Sale Price Title Company
Bolen Larry $1,199,000 Oropeza Stones Cardenas Pllc
Miles Gay C -- Southernmost Title Inc
Fleetwood Gay C $1,200,000 Southernmost Title Inc
Mccaffrey Vanessa J $795,000 --
Miles Gay C $566,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miles Gay C $350,000
Previous Owner Fleetwood Gay C $500,000
Previous Owner Mccaffrey Vanessa J $25,000
Previous Owner Mccaffrey Vanessa J $596,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $1,199,000 0.0% $887 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $1,199,000 -- $887 / Sq Ft
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 $9,450 $1,066,805 -- $1,066,805
2023 $9,450 $1,062,800 $0 $1,062,800
2022 $6,224 $785,867 $0 $785,867
2021 $5,737 $611,946 $0 $611,946
2020 $5,165 $516,202 $0 $516,202
2019 $5,479 $548,179 $0 $548,179
2018 $5,350 $519,535 $0 $0
2017 $4,982 $485,649 $0 $0
2016 $5,123 $485,649 $0 $0
2015 $5,312 $485,649 $0 $0
2014 $5,433 $475,904 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600847

Florida Keys Board of REALTORS®

APN: 00127430-000103