618 Ashe St Key West, FL 33040
Old Town Neighborhood
2
Beds
3
Baths
1,323
Sq Ft
3,049
Sq Ft Lot
Highlights
- Fruit Trees
- No HOA
- French Doors
- Deck
- Balcony
- Ceiling Fan
About This Home
As of April 2025This unique property is a rare multi unit in the heart of historic Old Town Key West. The charming front area has a wide porch nestled behind tropical foliage on a quiet street. An outside staircase on the left leads up to a cozy space on the second floor, with a treetop view of a mango tree. A walkway on the right leads to the secluded rear space, with three doors opening to a wrap-around deck facing a beautiful, tree shaded garden, with room for a pool. The garden space offers a peaceful retreat, perfect for relaxation and outdoor gatherings. This property is in an elegant, tranquil neighborhood, a fifteen-minute walk (or five-minute bike ride) from the lively, restaurants, galleries, shops and vibrant attractions centered around Duval street, and Mallory Square's world-famous Sunset Celebration. This exceptional multi unit is ideal for a large family or an investor seeking multiple units. The property has been rented ''as is'' for many years with month-long or longer leases. For the buyer, there is a great opportunity to multiply the value (and potential revenues) of the property with judicious renovations. Property located in the X flood zone.
Last Agent to Sell the Property
Coldwell Banker Schmitt Real Estate Co. (KW) License #3025597 Listed on: 12/30/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,543
Year Built
- Built in 1938
Lot Details
- 3,049 Sq Ft Lot
- Fruit Trees
Parking
- Open Parking
Home Design
- Fixer Upper
- Frame Construction
- Metal Roof
Interior Spaces
- 1,323 Sq Ft Home
- Ceiling Fan
- French Doors
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Balcony
- Deck
Utilities
- Cooling System Mounted To A Wall/Window
- Public Hookup Available For Sewer
Listing and Financial Details
- Minimum Rental Period: 30
- Assessor Parcel Number 00010500-000000
Community Details
Overview
- No Home Owners Association
- Old Town Unrecord Subdivision
- Rental Restrictions
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 30, 2024
Closed on
Apr 30, 2025
Sold by
Bergery Benjamin
Bought by
Huff Terry
Seller's Agent
Richard Lively
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Paul Hayes
Beach Club Brokers (KW)
List Price
$1,199,000
Sold Price
$900,000
Premium/Discount to List
-$299,000
-24.94%
Views
42
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
223.59%
Purchase Details
Closed on
Oct 9, 2003
Sold by
Bergery Theodora
Bought by
Bergery Benjamin
Purchase Details
Closed on
Jan 14, 2000
Sold by
Strahan Carol
Bought by
Bergery Benjamin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.88%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 1, 1985
Bought by
Bergery Benjamin
Purchase Details
Closed on
May 1, 1983
Bought by
Bergery Benjamin
Purchase Details
Closed on
Dec 1, 1980
Bought by
Bergery Benjamin
Similar Homes in Key West, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $900,000 | None Listed On Document | |
| Interfamily Deed Transfer | $3,300 | -- | |
| Warranty Deed | $315,000 | -- | |
| Warranty Deed | $78,000 | -- | |
| Warranty Deed | $80,000 | -- | |
| Warranty Deed | $72,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $253,000 | Commercial | |
| Previous Owner | $107,000 | Credit Line Revolving | |
| Previous Owner | $252,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Sold | $900,000 | -24.9% | $680 / Sq Ft |
| 04/04/2025 04/04/25 | Pending | -- | -- | -- |
| 12/30/2024 12/30/24 | For Sale | $1,199,000 | -- | $906 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
Tax History Compared to Growth
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 | $7,543 | $1,123,809 | $942,324 | $181,485 |
| 2023 | $7,543 | $1,042,747 | $866,107 | $176,640 |
| 2022 | $6,534 | $837,668 | $655,931 | $181,737 |
| 2021 | $5,969 | $652,472 | $497,338 | $155,134 |
| 2020 | $5,554 | $613,191 | $455,765 | $157,426 |
| 2019 | $5,251 | $586,212 | $444,986 | $141,226 |
| 2018 | $5,293 | $645,478 | $501,957 | $143,521 |
| 2017 | $5,151 | $647,771 | $0 | $0 |
| 2016 | $5,088 | $623,616 | $0 | $0 |
| 2015 | $4,410 | $451,062 | $0 | $0 |
| 2014 | $3,907 | $326,979 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Richard Lively
Coldwell Banker Schmitt Real Estate Co. (KW)
(305) 797-7233
9 in this area
72 Total Sales
-
Seller Co-Listing Agent in 2025
Louis Paez
Coldwell Banker Schmitt Real Estate Co. (KW)
(305) 395-1081
5 in this area
56 Total Sales
-
P
Buyer's Agent in 2025
Paul Hayes
Beach Club Brokers (KW)
(305) 294-8433
11 in this area
23 Total Sales
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 612893
APN: 00010500-000000
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