NOT LISTED FOR SALE

616 Caroline St Unit 1 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $743,000 - $925,000

1 Bed
1 Bath
525 Sq Ft
3,746 Sq Ft Lot

Sale Details

Date Sold: August 7, 2023

Last sale price $900,000 $1,714 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $5,439 / mo

22 Days on Market

Highlights

  • Heated In Ground Pool
  • Wood Flooring
  • Balcony
  • Cathedral Ceiling
  • Furnished
  • 5-minute walk to Dry Tortugas National Park

About This Home

As of August 2023

Beautiful historic 6 unit building in the Heart of Old Town! This is the first floor front unit with a wonderful front porch all of its own. Gracious 616 Caroline Street claims a long and proud history that befits its esteemed place along one of the most elegant streets in Key West. Historic building completely renovated top to bottom in 2006 & converted into 6 condo units. Offered fully furnished & turn key, this designer unit includes hardwood floors, marble counter tops in kitchen & bathrooms, high ceilings, antique glass windows, pool & spa, outdoor bathroom by the pool & lush well-kept tropical gardens. Enjoy the charm of the Caroline Street view from your porch just one block off Duval Street and just a short walk to the Key West Bight & all of the fine restaurants!

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 05/30/2023

Co-Listed By

John Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #3264225

Last Buyer's Agent

Annica Pedersen

Seaport Realtors (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,378

Year Built

  • Built in 1933

Lot Details

  • Fenced

HOA Fees

  • $502 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 525 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00003991-000100

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • 6 Units
  • Caroline Street Condominium Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,378

Year Built

Built in 1933

Lot Details

3,746 Sq Ft Lot

HOA Fees

$502 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 502.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 0.50
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4377.80
  • Year Built: 1933
  • Alternate Key Number: 9088717
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 525.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Cathedral Ceilings
  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood
  • Total Bedrooms: 1
  • Sq Ft Remarks: Buyer to verify square footage

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00003991-000100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 6.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
Bought by
Current Estimated Value
$819,630

Purchase Details

Listed on
May 30, 2023
Closed on
Aug 4, 2023
Sold by
Bought by
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Annica Pedersen
Seaport Realtors (KW)
List Price
$939,500
Sold Price
$900,000
Premium/Discount to List
-$39,500
-4.2%
Views
293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.15%
Original Mortgage
$720,000
Interest Rate
0.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,441,877
Interest Rate
0.01%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$900,000 None Listed On Document
$415,000 Attorney
-- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $720,000
Closed $1,441,877
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/07/2023 08/07/23 Sold $900,000 -4.2% $1,714 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $939,500 -- $1,790 / Sq Ft
Source: Key West Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,426 $722,197 -- $722,197
2024 $5,017 $722,197 -- $722,197
2023 $5,017 $594,476 $0 $594,476
2022 $4,378 $486,711 $0 $486,711
2021 $4,173 $427,729 $0 $427,729
2020 $4,157 $427,729 $0 $427,729
2019 $3,884 $393,210 $0 $393,210
2018 $3,953 $393,210 $0 $0
2017 $3,851 $375,102 $0 $0
2016 $4,052 $375,102 $0 $0
2015 $4,161 $375,102 $0 $0
2014 $4,317 $375,102 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 605488

Key West Association of REALTORS®

APN: 00003991-000100

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