NOT LISTED FOR SALE
6 Beds
6 Baths
2,475 Sq Ft
4,930 Sq Ft Lot

Sale Details

Date 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

4,930 Sq Ft Lot

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

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

Closed on
Apr 13, 2022
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
$1,800,000
Interest Rate
0.0376%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2020
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
$875,000
Interest Rate
0.029%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 27, 2018
Closed on
Oct 30, 2018
Sold by
Bought by
Seller's Agent
Raymond Capas
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Anne Barnett
Southernmost Island Realty
List Price
$1,400,000
Sold Price
$850,000
Premium/Discount to List
-$550,000
-39.29%

Purchase Details

Closed on
Mar 28, 2007
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
$750,000
Interest Rate
0.0618%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 25, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 9, 1996
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 1994
Bought by

Purchase Details

Closed on
Oct 1, 1977
Bought by
Source: Public Records
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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
$2,500,000 None Listed On Document
$1,740,000 First International Title
$850,000 Attorney
$975,000 Chicago Title Of The Fl Keys
$515,000 --
$100 --
$340,000 --
$60,000 --
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
Open $1,800,000
Closed $1,800,000
Previous Owner $875,000
Previous Owner $750,000
Previous Owner $100,000
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
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

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 $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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578974

Florida Keys Board of REALTORS®

APN: 00018530000000066825

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