NOT LISTED FOR SALE

623 Thomas St Unit C Key West, FL 33040

Old Town Neighborhood

Estimated Value: $496,000 - $517,000

1 Bed
1 Bath
449 Sq Ft
4,966 Sq Ft Lot

Sale Details

Date Sold: February 21, 2025

Last sale price $465,000 $1,036 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,037 / mo

36 Days on Market

About This Home

As of February 2025

Located in the heart of Key West's historic Old Town, 623 Thomas St Unit C is a charming 1-bedroom, 1-bathroom condo offering 449 square feet of living space. Built in 1928, this residence exudes classic Key West architecture and ambiance. The condo boasts an open floor plan with vaulted ceilings, enhancing the sense of space. Italian Basalt tile flooring adds a touch of elegance throughout the unit. French doors from the living area and a door from the kitchen open onto a covered porch that spans the length of the building, providing a serene outdoor space. Situated on tranquil Thomas Street, the property is just two blocks from vibrant Duval Street, known for entertainment and dining options. Additionally, it's within walking distance to Fort Zachary Taylor state park, offering convenient access to one of Key West's most beautiful beaches. The condo complex provides two off-street parking spaces, which are rotated among the four units. Easy to show!

Last Agent to Sell the Property

Jimmy Lane

Island Life Realty Experts License #664783 Listed on: 12/27/2024

Last Buyer's Agent

The Spottswood Team

Truman & Co. (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,505

Year Built

  • Built in 1928

Lot Details

  • 4,966

Home Design

  • 449 Sq Ft Home
  • Frame Construction

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 180
  • Assessor Parcel Number 00013100-000103

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include bldg exterior mnt, building insurance
  • Old Town Condos Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,505

Year Built

Built in 1928

Lot Details

4,966 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 650.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Building Insurance
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 180.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 3505.02
  • Year Built: 1928
  • Alternate Key Number: 8675593
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 449.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Range, Refrigerator, Dishwasher, Dryer
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00013100-000103
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2023

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

Listed on
Dec 27, 2024
Closed on
Feb 21, 2025
Sold by
Bought by
Seller's Agent
Jimmy Lane
Island Life Realty Experts
Buyer's Agent
The Spottswood Team
Truman & Co. (KW)
List Price
$500,000
Sold Price
$465,000
Premium/Discount to List
-$35,000
-7%
Views
121
Current Estimated Value
$507,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,413
Avg. Annual Appreciation
6.53%

Purchase Details

Listed on
Apr 24, 2018
Closed on
Oct 10, 2018
Sold by
Bought by
Seller's Agent
Jeffrey Dunaway
Key West Realty, LLC (KW)
Buyer's Agent
John Zaharakis
Century 21 Schwartz Realty (KW)
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$155,000
Interest Rate
0.048%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2017
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
$403,492
Interest Rate
0.0386%
Mortgage Type
VA

Purchase Details

Closed on
Dec 19, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 25, 2001
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 1995
Bought by

Purchase Details

Closed on
Nov 1, 1989
Bought by

Purchase Details

Closed on
Oct 1, 1986
Bought by
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

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
$465,000 None Listed On Document
$345,000 None Listed On Document
$395,000 Attorney
-- --
$145,000 --
$32,000 --
$62,500 --
$50,000 --
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 $155,000
Closed $155,000
Closed $403,492
Closed $104,000
Closed $50,000
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 Prior Sale
02/21/2025 02/21/25 Sold $465,000 -3.1% $1,036 / Sq Ft
02/01/2025 02/01/25 Pending -- -- --
01/23/2025 01/23/25 Price Changed $479,900 -4.0% $1,069 / Sq Ft
12/27/2024 12/27/24 For Sale $500,000 +44.9% $1,114 / Sq Ft
10/10/2018 10/10/18 Sold $345,000 -1.4% $768 / Sq Ft View Prior Sale
10/09/2018 10/09/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $350,000 0.0% $780 / Sq Ft
06/05/2017 06/05/17 Rented $1,800 0.0% --
06/05/2017 06/05/17 For Rent $1,800 -- --
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 $3,546 $389,912 -- $389,912
2024 $3,505 $372,516 -- $372,516
2023 $3,505 $372,516 $0 $372,516
2022 $3,184 $341,923 $0 $341,923
2021 $3,022 $296,294 $0 $296,294
2020 $3,009 $296,294 $0 $296,294
2019 $3,001 $293,012 $0 $293,012
2018 $2,413 $249,212 $0 $0
2017 $2,337 $249,212 $0 $0
2016 $2,063 $170,419 $0 $0
2015 $2,120 $170,419 $0 $0
2014 $2,189 $170,419 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Lane

    Seller's Agent in 2025

    Jimmy Lane

    Island Life Realty Experts

    (305) 766-0585

    18 in this area

    117 Total Sales

    Jimmy Lane
    Section Image

  • T

    Buyer's Agent in 2025

    The Spottswood Team

    Truman & Co. (KW)

  • Terri Spottswood

    Buyer Co-Listing Agent in 2025

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    74 in this area

    198 Total Sales

    Terri Spottswood
    Section Image

  • J

    Seller's Agent in 2018

    Jeffrey Dunaway

    Key West Realty, LLC (KW)

    (305) 294-3064

    11 in this area

    18 Total Sales

    Section Image

  • J

    Buyer's Agent in 2018

    John Zaharakis

    Century 21 Schwartz Realty (KW)

  • H

    Buyer's Agent in 2017

    Heather Bouchard

    Buy The Keys (KW)

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 612862

Key West Association of REALTORS®

APN: 00013100-000103

Florida Monroe County Key West 33040 Old Town

623 Thomas St Unit C, Key West, FL

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.

Key West Association 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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