NOT LISTED FOR SALE

649 William St Key West, FL 33040

Old Town Neighborhood
6 Beds
6 Baths
2,475 Sq Ft
4,930 Sq Ft Lot

Last Sold October 30, 2018

Last sale price $850,000 $343 Per Sq Ft

226 Days on Market

Highlights

  • Key West Architecture
  • No HOA
  • Patio
  • Wood Flooring
  • Balcony
  • Ceiling Fan

About This Home

As of October 2018

Early 1900's Old Town apt building. 2 1/2 story zoned single & multiple family - 6 licensed, non transient units with 6 kitchens & bthrms. Large attic for expansion of 2nd floor units. Heavily shaded front yard that has room for onsite parking if front wall is removed. Annual Gross - $92,400. One- two bdrm, Three- 1bdrm & Two- efficiencies. Located at the base of Solaris Hill with a classic neighborhood Grocery Store across the street. William Street is lined with magnificently restored historic structures. This building is a candidate for such a renovation - to create a large owner's unit with apt(s) income or ideal Condo Conversion project. See ''Documents'' for floor plan with rent roll & layout for each unit.

Last Agent to Sell the Property

Raymond Capas

Berkshire Hathaway HomeServices Knight & Gardner Realty License #171355 Listed on: 02/27/2018

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Anne Barnett

Southernmost Island Realty License #3380822

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,366

Year Built

  • Built in 1933

Lot Details

  • 4,930 Sq Ft Lot

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,475 Sq Ft Home
  • Ceiling Fan
  • Double Hung Windows

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00018530-000000

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Old Town Unlisted Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,366

Year Built

Built in 1933

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
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • 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: 9365.92
  • Title: Negotiable
  • Year Built: 1933
  • Alternate Key Number: 1019089
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 4930.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 2475.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Appliances: Dryer, Washer
  • Floor: Vinyl, Wood
  • Windows/Doors: Double Hung Windows
  • Total Bedrooms: 6
  • Sq Ft Remarks: High, open beam attic with flooring and head clearance of approximately 400 sq. ft. Plans to expand into attic on file.

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Security: No Security
  • Utilities: FKAA, Water Separate Meter
  • Heating: None

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00018530-000000
  • Lot Size: 45' x 110'
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 6.00

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2018 10/30/18 Sold $850,000 -39.3% $343 / Sq Ft
10/11/2018 10/11/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $1,400,000 -- $566 / 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
2025 $20,656 $2,177,774 $1,190,225 $987,549
2024 $20,626 $2,159,447 $1,166,512 $992,935
2023 $20,626 $2,131,829 $1,165,600 $966,229
2022 $15,992 $1,753,649 $777,067 $976,582
2021 $14,779 $1,394,559 $573,679 $820,880
2020 $11,903 $1,073,246 $559,087 $514,159
2019 $11,440 $1,013,051 $542,670 $470,381
2018 $10,591 $1,040,849 $611,074 $429,775
2017 $9,963 $943,288 $0 $0
2016 $9,366 $774,658 $0 $0
2015 $9,087 $734,800 $0 $0
2014 $8,437 $589,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Raymond Capas

    Seller's Agent in 2018

    Raymond Capas

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 587-3483

    5 in this area

    15 Total Sales

    Raymond Capas
    Section Image

  • A

    Buyer's Agent in 2018

    Anne Barnett

    Southernmost Island Realty

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578974

Florida Keys Board of REALTORS®

APN: 00018530000000066825

Florida Monroe County Key West 33040 Old Town

649 William St, Key West, FL

Not Listed for Sale

MultiFamily

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