NOT LISTED FOR SALE

5960 Peninsular Ave Unit 201 Key West, FL 33040

Estimated Value: $1,137,349 - $1,422,000

3 Beds
2 Baths
1,352 Sq Ft
1 Acres

Last Sold March 17, 2021

Last sale price $825,000 $610 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,793/month

26 Days on Market

Highlights

  • Ocean Front
  • Home fronts a pond
  • Granite Countertops
  • Heated In Ground Pool
  • Furnished
  • Stainless Steel Appliances

About This Home

As of March 2021

Oceanside Residential Condominiums are located on an oceanfront peninsula surrounded by the brilliant, sparkling Atlantic Ocean. Life abounds this historic fishing post where pelicans dive for bait and residents indulge in a world famous ecosystem. Unit 201 is an exceptional top floor corner unit. The top floor enjoys improved views, and the choice corner unit has windows along the living area wall letting in natural light as well as a view of a secluded and hidden saltwater lagoon. Unit 201 has two assigned covered parking spots. The units living area faces east and overlooks a salt pond teeming with life. As you look southeast your eyes meet the seemingly endless Atlantic Ocean. The Master bedroom and master bath share the same view as the living area. Unit comes furnished.

Last Listed By

Zachary Bentley

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 02/08/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,985

Year Built

  • Built in 2003

Lot Details

  • Home fronts a pond
  • Ocean Front

Property Views

  • Ocean
  • Harbor
  • Pond

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,352 Sq Ft Home
  • Furnished
  • Entrance Foyer
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Electric Gate
  • Guest Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Heated In Ground Pool
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00127430-000201

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include bldg exterior mnt, common area mnt, cable, building insurance
  • Oceanside Marina Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,985

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 1200.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Cable, Building Insurance
  • Key Island: Stock Island
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5985.44
  • Vehicle Storage: Assigned Parking, Covered Parking, Guest Parking
  • Vehicle Storage Cars: 2
  • Year Built: 2003
  • Alternate Key Number: 9053452
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1352.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Window Treatments, Walk-in Closet(s), Pantry, Granite Counter Top, Fire Sprinkler, Entrance Foyer
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Freezer, Dryer, Disposal
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Oceanfront, Salt Ponds, Open Water
  • Waterfront: Yes
  • Construction: Concrete, Stucco
  • Roof: Concrete Roof
  • Waterview: Harbor/Marina View, Salt Ponds, Open Water View, Ocean View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE,AE,VE,AE
  • Parcel Number: 00127430-000201
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
Mar 16, 2021
Sold by
Gibbs Jon M and Salzmann Carolyn M
Bought by
Mary B Real Estate Llc
Seller's Agent
Zachary Bentley
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Zachary Bentley
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$859,000
Sold Price
$825,000
Premium/Discount to List
-$34,000
-3.96%
Total Days on Market
26
Current Estimated Value
$1,274,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,587
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Sep 14, 2012
Sold by
Strunk Stephen S and Strunk Phyllis B
Bought by
Gibbs Jon M and Salzmann Carolyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,300
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2004
Sold by
201 Oceanside Inc
Bought by
Strunk Stephen S and Strunk Phyllis B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 10, 2003
Bought by
Gibbs Jon M

Range of Values:

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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
Mary B Real Estate Llc $825,000 Attorney
Gibbs Jon M $519,000 Attorney
Strunk Stephen S $875,000 --
Gibbs Jon M $597,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibbs Jon M $363,300
Previous Owner Strunk Stephen S $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $825,000 -4.0% $610 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $859,000 -- $635 / 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 $7,910 $983,007 -- $983,007
2023 $7,910 $979,643 $0 $979,643
2022 $6,845 $753,998 $0 $753,998
2021 $6,349 $656,509 $0 $656,509
2020 $5,835 $588,791 $0 $588,791
2019 $5,985 $602,865 $0 $602,865
2018 $5,715 $567,476 $0 $0
2017 $5,139 $502,261 $0 $0
2016 $5,285 $502,261 $0 $0
2015 $5,480 $502,261 $0 $0
2014 $5,433 $475,904 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2021

    Zachary Bentley

    Coldwell Banker Schmitt Real Estate Co. (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594564

Florida Keys Board of REALTORS®

APN: 00127430-000201

Florida Monroe County Key West 33040

5960 Peninsular Ave Unit 201, Key West, FL

Homes for Sale in Key West, FL

This home is located at 5960 Peninsular Ave Unit 201, Key West, FL 33040 since 08 February 2021 and is currently estimated at $1,274,587, approximately $942 per square foot. This property was built in 2003. 5960 Peninsular Ave Unit 201 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.

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