NOT LISTED FOR SALE

628 White St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,375,000 - $3,820,955

5 Beds
6 Baths
2,851 Sq Ft
$1,140/Sq Ft Est. Value

Last Sold February 21, 2022

Last sale price $3,450,000 $1,210 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $19,463/month

35 Days on Market

About This Home

As of February 2022

Exceptional investment opportunity to own this gorgeous multi-unit property on White Street, in the highly regarded White Street Gallery District in Old Town, Key West. Located on the corner of White and Angela Streets in the X flood zone, this Historic home is perfectly located and within walking distance to everything in Old Town and the Key West Historic Seaport. The main house is being offered turnkey and has been an extremely lucrative vacation rental home for several years. The two 1 bedroom, 1 bath apartments have also been lucrative rentals with current tenants in place.The main two-story home offers 3 large bedrooms, 2 full baths and 2 half baths and the exterior has been recently painted. The wraparound front porch with porch swing is perfect for cocktails and conversation. As you enter, you will appreciate the high ceilings throughout, open living space, ornate crown molding and base boards, hardwood floors, grand staircase and just enough Dade County Pine. Double hung impact windows were recently added downstairs. The open kitchen offers custom cabinets, marble counters, stainless steel appliances, a new Fisher & Paykel 4 door French refrigerator with lower area that can be programmed as a refrigerator or freezer; and a Fisher & Paykel double drawer dishwasher that efficiently accommodates both small and large loads. Just off the kitchen is the washer and dryer area and new half bath. The master suite is also located on the first floor with a king size bed and beautiful newly renovated bathroom, complete with double vanities, marble counters and a walk-in tiled shower. On the second floor, you will find 2 more spacious bedrooms each with sitting areas and queen size beds, the media room, an open office space for two with built in desk, 1 full bath and 1 half bath. The resort style backyard oasis is all new and completely private. This has been such a wonderful home for the owner and could make a perfect forever home or investment property for you..

Last Agent to Sell the Property

Lori Langton

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3087468 Listed on: 01/03/2022

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Clarence Clark

Key West Luxury Real Estate Inc (KW) License #3474859

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,215

Year Built

1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 2
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 11094.94
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1939
  • Alternate Key Number: 1010464
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 6030.00
  • Pool Info: Concrete, Salt Water, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 3
  • Shutters: Roll Down Manual
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2851.00
  • Pre Wired: Cable
  • G F Interior Features: Tankless Hot Wtr Htr
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Storage, Smoke Alarms, Dade County Pine, Drapes/Blinds Incl
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Wine Cooler, Stainless Steel Appliance(s), Oven, Refrigerator, Range, Microwave, Ice Machine, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 2
  • Specialty Rooms: Laundry Room, Workshop, Media Room
  • Windows/Doors: Double Hung Windows, Impact Rstnce Window, Jalousie Windows
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Built-in Grill, Storage, Shed, Sprinkler System, Outdoor Kitchen, Lighting, Fencing, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Cable Available, Elect Separate Meter, Municipal Sewer, FKAA, Cistern

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00010180-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Feb 22, 2022
Sold by
Chatman Cynthia L
Bought by
Key West Land Investments Llc
Seller's Agent
Lori Langton
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Clarence Clark
Key West Luxury Real Estate Inc (KW)
List Price
$3,425,000
Sold Price
$3,450,000
Premium/Discount to List
$25,000
0.73%
Current Estimated Value
$3,249,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$200,682
Avg. Annual Appreciation
-3.79%

Purchase Details

Listed on
Aug 16, 2017
Closed on
Oct 12, 2017
Sold by
Medina Alberto and Medina Nicole H
Bought by
Chatman Cynthia L
Seller's Agent
David Austin
Key West Properties (KW)
Buyer's Agent
Lori Langton
Bascom Grooms Real Estate (KW)
List Price
$1,295,000
Sold Price
$1,270,000
Premium/Discount to List
-$25,000
-1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.76%
Original Mortgage
$500,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 25, 2013
Closed on
Aug 1, 2014
Sold by
Mcclure Jacquelyn R
Bought by
Medina Alberto and Medina Nicole H
Seller's Agent
Mike Caron
Keller Williams Key West Compass Realty
Buyer's Agent
David Austin
Key West Properties (KW)
List Price
$799,000
Sold Price
$729,000
Premium/Discount to List
-$70,000
-8.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.94%
Original Mortgage
$583,200
Interest Rate
4.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2001
Sold by
Todd M Oropeza M and Todd Alicia Oropeza
Bought by
County Of Monroe

Purchase Details

Closed on
Jul 22, 1998
Sold by
Wellons Maysie M Gaiti
Bought by
Mcclure Jacquelyn R
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Key West Land Investments Llc $3,450,000 Oropeza Stones Cardenas Pllc
Chatman Cynthia L $1,270,000 Attorney
Medina Alberto $729,000 Attorney
County Of Monroe -- --
Mcclure Jacquelyn R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chatman Cynthia L $500,000
Previous Owner Chatman Cynthia L $500,000
Previous Owner Chatman Cynthia L $500,000
Previous Owner Medina Alberto $583,200
Previous Owner Mcclure Jacquelyn R $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2022 02/21/22 Sold $3,450,000 +0.7% $1,210 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $3,425,000 +169.7% $1,201 / Sq Ft
10/12/2017 10/12/17 Sold $1,270,000 -1.9% $445 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $1,295,000 +77.6% $454 / Sq Ft
08/01/2014 08/01/14 Sold $729,000 -8.8% $265 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $799,000 -- $290 / 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 $18,215 $2,137,911 $1,033,301 $1,104,610
2023 $18,215 $2,010,900 $949,725 $1,061,175
2022 $13,168 $1,791,590 $719,258 $1,072,332
2021 $11,095 $1,120,449 $545,353 $575,096
2020 $7,066 $704,662 $0 $0
2019 $7,002 $692,525 $0 $0
2018 $7,098 $691,816 $0 $0
2017 $9,607 $916,662 $0 $0
2016 $8,251 $764,396 $0 $0
2015 $7,794 $655,048 $0 $0
2014 $7,001 $583,787 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Langton

    Seller's Agent in 2022

    Lori Langton

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 923-1685

    15 in this area

    42 Total Sales

    Lori Langton
    Section Image

  • C

    Buyer's Agent in 2022

    Clarence Clark

    Key West Luxury Real Estate Inc (KW)

    (305) 394-0108

    8 in this area

    15 Total Sales

    Clarence Clark
    Section Image

  • J

    Buyer Co-Listing Agent in 2022

    Jody Clark

    Key West Luxury Real Estate Inc (KW)

    (305) 394-0446

    8 in this area

    19 Total Sales

    Jody Clark
    Section Image

  • D

    Seller's Agent in 2017

    David Austin

    Key West Properties (KW)

  • Mike Caron

    Seller's Agent in 2014

    Mike Caron

    Keller Williams Key West Compass Realty

    (508) 269-8565

    18 in this area

    82 Total Sales

    Mike Caron
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599006

Florida Keys Board of REALTORS®

APN: 00010180-000000

Florida Monroe County Key West 33040 Old Town

628 White St, Key West, FL

This home is located at 628 White St, Key West, FL 33040 since 03 January 2022 and is currently estimated at $3,249,318, approximately $1,139 per square foot. This property was built in 1939. 628 White St is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori 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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