NOT LISTED FOR SALE

5A 12th Ave Key West, FL 33040

Estimated Value: $1,194,000 - $1,461,000

4 Beds
4 Baths
2,462 Sq Ft
$532/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $1,300,000 $528 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,155/month

270 Days on Market

About This Home

As of March 2024

Spectacular Waterfront Home with ample dockage for all your boating needs! This is your perfect hideaway. Relax on your beautiful covered back porch bar while gazing at the fish in crystal clear waters, and bird watching in the mangroves across the small bay. This newly renovated home features a huge primary bedroom and bath, modern high end appliances, and two of the bedrooms have their own entrances for your guest's privacy.. Life in Key West never looked so good, and at an amazing value! Call, make an appointment, and come see this gem of a home today.

Last Agent to Sell the Property

Bob Cardenas

Ocean Sotheby's International Realty License #3406183 Listed on: 06/09/2023

Ocean Sotheby's International Realty

Co-Listed By

Everett Smith

Ocean Sotheby's International Realty License #670558

Last Buyer's Agent

Robert Cardenas

Ocean Sotheby's International Realty

Home Details

Home Type

Single Family

Year Built

1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Stock Island
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1326.24
  • Year Built: 1971
  • Alternate Key Number: 1166545
  • Lot Sq Ft: 7200.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2462.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Ocean View
  • Pool: No

Utilities

  • Utilities: FKAA, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00129440-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Mar 22, 2024
Sold by
Burge Michael Duck
Bought by
5A 12Th Ave Llc
Seller's Agent
Bob Cardenas
Ocean Sotheby's International Realty
Buyer's Agent
Robert Cardenas
Ocean Sotheby's International Realty
List Price
$1,785,000
Sold Price
$1,300,000
Premium/Discount to List
-$485,000
-27.17%
Views
285
Current Estimated Value
$1,309,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,869
Avg. Annual Appreciation
0.43%

Purchase Details

Closed on
Dec 6, 2019
Sold by
Fitsimmons Maureen K
Bought by
Burge Michael Duck and Burge Michael D

Purchase Details

Closed on
Nov 19, 2010
Sold by
Lin Adelaide H
Bought by
Burge Michael D and Fitzsimmons Maureen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 1, 1994
Bought by
Burge Michael D

Purchase Details

Closed on
Feb 1, 1992
Bought by
Burge Michael D
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
5A 12Th Ave Llc $1,300,000 None Listed On Document
Burge Michael Duck -- Accommodation
Burge Michael D $350,000 Attorney
Burge Michael D $110,000 --
Burge Michael D $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burge Michael D $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $1,300,000 -10.0% $528 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/17/2024 02/17/24 Price Changed $1,445,000 -3.3% $587 / Sq Ft
01/23/2024 01/23/24 Price Changed $1,495,000 -3.5% $607 / Sq Ft
01/13/2024 01/13/24 Price Changed $1,550,000 -5.2% $630 / Sq Ft
07/08/2023 07/08/23 Price Changed $1,635,000 -3.0% $664 / Sq Ft
06/21/2023 06/21/23 Price Changed $1,685,000 -5.6% $684 / Sq Ft
06/09/2023 06/09/23 For Sale $1,785,000 -- $725 / Sq Ft
Source: Key West Association 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
2025 $3,512 $1,092,160 $713,232 $378,928
2024 $3,336 $393,165 -- --
2023 $3,336 $381,714 $0 $0
2022 $3,241 $370,597 $0 $0
2021 $3,321 $359,803 $0 $0
2020 $3,301 $354,836 $0 $0
2019 $3,235 $346,859 $0 $0
2018 $3,248 $340,392 $0 $0
2017 $3,152 $333,391 $0 $0
2016 $3,170 $326,534 $0 $0
2015 $3,264 $324,264 $0 $0
2014 $3,366 $321,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 605631

Key West Association of REALTORS®

APN: 00132331-000500