628 White St Key West, FL 33040
Old Town Neighborhood
5
Beds
6
Baths
2,851
Sq Ft
6,030
Sq Ft Lot
Highlights
- Home Theater
- 0.14 Acre Lot
- Wood Flooring
- Concrete Pool
- Fruit Trees
- Outdoor Kitchen
About This Home
As of February 2022Exceptional 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
Berkshire Hathaway HomeServices Knight & Gardner Realty License #3087468 Listed on: 01/03/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,095
Year Built
- Built in 1939 | Remodeled
Lot Details
- 6,030 Sq Ft Lot
- Fenced
- Sprinkler System
- Fruit Trees
Home Design
- Frame Construction
- Metal Roof
Interior Spaces
- 2,851 Sq Ft Home
- Furnished
- Ceiling Fan
- Jalousie or louvered window
- Double Hung Windows
- Blinds
- Home Theater
- Workshop
- Storage
Kitchen
- <<OvenToken>>
- Range<<rangeHoodToken>>
- <<microwave>>
- Ice Maker
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Built-In or Custom Kitchen Cabinets
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Complete Roll Down Shutters
- Impact Glass
- Fire and Smoke Detector
Parking
- 4 Parking Spaces
- Carport
- Electric Gate
- Off-Street Parking
Pool
- Concrete Pool
- Heated In Ground Pool
- Saltwater Pool
Outdoor Features
- Balcony
- Patio
- Outdoor Kitchen
- Exterior Lighting
- Shed
- Attached Grill
Utilities
- Central Air
- Separate Meters
- Cistern
- Tankless Water Heater
- Public Hookup Available For Sewer
- Cable TV Available
Listing and Financial Details
- Minimum Rental Period: 28
- Assessor Parcel Number 00010180-000000
Community Details
Overview
- No Home Owners Association
- 3 Units
- Old Town Unrecord Subdivision
Pet Policy
- Pets Allowed
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
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
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 | $3,450,000 | Oropeza Stones Cardenas Pllc | |
| Warranty Deed | $1,270,000 | Attorney | |
| Warranty Deed | $729,000 | Attorney | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $500,000 | No Value Available | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $500,000 | New Conventional | |
| Previous Owner | $583,200 | Commercial | |
| Previous Owner | $225,000 | Credit Line Revolving |
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
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
-
Clarence Clark
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
-
Jody Clark
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
-
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
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 599006
APN: 00010180-000000
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