$737,500
SOLD MAY 11, 2018

5960 Peninsular Ave Unit 109 Key West, FL 33040

3 Beds
2 Baths
1,352 Sq Ft
$900/mo HOA Fee

Recently Sold

$545 Per Sq Ft

5% Below List Price

107 Days on Market

Highlights

  • Ocean Front
  • Granite Countertops
  • Impact Glass
  • In Ground Pool
  • Balcony
  • Storage

About This Home

As of November 2021

Oceanside opulence freshly renovated 3BR/2BA immaculate condo with waterfront views from almost every room. Impact glass throughout, granite & quartz counters, updated bathrooms with glass showers, stylish fixtures, back lit mirrors, new doors, baseboards, trim & crown moldings are just a few of the both subtle yet stunning improvements. More... The spacious unit has a great open feel, a large eat in kitchen & huge balconies off the living room & master suite to relax and enjoy the sunrise & waterfront vistas. The development offers a heated pool, elevators & covered parking. Just steps away from rentable dock space next door. The lush and elegant new entrance to Oceanside is transformational and sets the stage for the beautiful improvements of these very desirable units.

Last Agent to Sell the Property

Team Spottswood/Vazquez

Truman & Co. (KW) Brokerage Phone: 305-395-2360 Listed on: 01/23/2018

Co-Listed By

Terri Spottswood

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

Last Buyer's Agent

Rick Lively

Coldwell Banker Schmitt R.E.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,123

Year Built

  • Built in 2003

Lot Details

  • Ocean Front

HOA Fees

  • $900 Monthly HOA Fees

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,352 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Carport
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00127430-000109

Community Details

Overview

  • Association fees include building insurance, water, cable
  • Maloney Sub Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,123

Year Built

Built in 2003

Lot Details

0

HOA Fees

$900 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 900.00
  • Mandatory HOA: Yes
  • Fee Includes: Building Insurance, Water, Cable
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Stock Island
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 5.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5122.68
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Carport, Covered Parking
  • Vehicle Storage Cars: 2
  • Year Built: 2003
  • Alternate Key Number: 9053419
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1352.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Attribution Contact: 305-395-2360
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Storage, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Microwave, Dryer, Disposal
  • Floor: Tile
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Sq Ft Remarks: Buyer To Verify

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00127430-000109
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Nov 29, 2021
Sold by
Garritano Anthony and Garritano Denise
Bought by
New Horizon Real Estate Development Llc
Seller's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
Buyer's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
List Price
$1,389,000
Sold Price
$1,275,000
Premium/Discount to List
-$114,000
-8.21%
Total Days on Market
107
Current Estimated Value
$1,454,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,182
Avg. Annual Appreciation
4.49%
Original Mortgage
$960,000
Outstanding Balance
$893,125
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$593,831

Purchase Details

Listed on
Jan 23, 2018
Closed on
May 11, 2018
Sold by
Oceanside 104 Llc
Bought by
Garritano Anthony and Garritano Denise
Seller's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
Buyer's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
List Price
$775,000
Sold Price
$737,500
Premium/Discount to List
-$37,500
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.62%
Original Mortgage
$377,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2018
Closed on
May 10, 2018
Sold by
Oceanside 104 Llc
Bought by
Garritano Anthony and Garritano Denise
Seller's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
Buyer's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
List Price
$775,000
Sold Price
$737,500
Premium/Discount to List
-$37,500
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2015
Sold by
Mentonis George and Mentonis Patricia
Bought by
Oceanside 104 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,750
Interest Rate
3.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 8, 2003
Bought by
Oceanside 104 Llc
Source: Public Records

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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
Warranty Deed $1,275,000 Attorney
Warranty Deed $737,500 None Listed On Document
Warranty Deed $737,500 None Listed On Document
Warranty Deed $605,000 Attorney
Warranty Deed $589,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $960,000 New Conventional
Previous Owner $373,000 New Conventional
Previous Owner $377,000 New Conventional
Previous Owner $377,500 New Conventional
Previous Owner $377,500 New Conventional
Previous Owner $453,750 Unknown
Previous Owner $601,250 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $1,275,000 0.0% $943 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
09/20/2021 09/20/21 Price Changed $1,275,000 -8.2% $943 / Sq Ft
09/14/2021 09/14/21 For Sale $1,389,000 +88.3% $1,027 / Sq Ft
05/11/2018 05/11/18 Sold $737,500 -4.8% $545 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $775,000 -- $573 / 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 $10,492 $1,264,977 -- $1,264,977
2023 $10,492 $1,260,198 $0 $1,260,198
2022 $9,297 $1,043,048 $0 $1,043,048
2021 $5,770 $628,341 $0 $628,341
2020 $5,742 $619,666 $0 $619,666
2019 $5,786 $622,277 $0 $622,277
2018 $5,676 $589,541 $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: 578388

Florida Keys Board of REALTORS®

APN: 00127430-000109