$699,000
UNDER CONTRACT $136K PRICE DROP

651 William St Unit 1 Key West, FL 33040

Old Town Neighborhood

Estimated payment $4,270/month

Total Views 18,298
1 Bed
1 Bath
599 Sq Ft
$1,167 Price per Sq Ft

About This Home

Ground floor 1b/1b condo features a 599sf interior that includes a loft, which basically makes this a two bedroom unit; which basically makes this the best priced condominium in Old Town Key West. Open floor plan is bright and airy. High ceilings. Renovated kitchen. French doors open to private courtyard to enjoy the indoor-outdoor living for which Key West is known. The great room opens to your fenced private entrance and courtyard with outdoor shower. Courtyard opens to the compound's walkway to pool and deck. The $180 monthly condo fee maintains pool and common areas.. Ductless AC and heat. Tankless hot-water heater. Only 4 units in compound that is perfectly located in the heart of Old Town.

Last Listed By

Barbara Bowers

Preferred Properties (KW) License #3266014 Listed on: 11/21/2024

Map

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,381

Year Built

1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 180.00
  • Mandatory HOA: Yes
  • Contingent: Contingent
  • Fee Includes: Common Area Mnt, Other
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: breed and weight
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 4380.50
  • Vehicle Storage: Off Street Parking
  • Year Built: 1933
  • Alternate Key Number: 8863098
  • Building Style: Ground Level, Conch
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 840.00
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony, Deck
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 1
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 599.00
  • G F Interior Features: Tankless Hot Wtr Htr
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: UnderContract
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Cathedral Ceilings, Window Treatments, Granite Counter Top, Smoke Alarms, Dade County Pine
  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Refrigerator, Stainless Steel Appliance(s), Microwave, Oven, Range
  • Floor: Vinyl
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Appliances Other: micro-convection
  • Total Bedrooms: 1
  • Sq Ft Remarks: 599sf includes loft currently used as second bedroom

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Privacy Wall/Fence, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Buyer to Verify, Municipal Sewer
  • Heating: Ductless

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00018520-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2023

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,381 $669,852 $544,824 $125,028
2023 $4,381 $588,759 $473,760 $114,999
2022 $3,590 $404,965 $313,236 $91,729
2021 $3,352 $333,977 $264,827 $69,150
2020 $3,482 $350,969 $280,014 $70,955
2019 $3,223 $318,165 $255,335 $62,830
2018 $3,400 $331,861 $268,128 $63,733
2017 $3,305 $315,582 $0 $0
2016 $3,358 $303,640 $0 $0
2015 $3,283 $286,996 $0 $0
2014 $3,114 $259,386 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Price Changed $699,000 -4.2% $1,167 / Sq Ft
03/16/2025 03/16/25 Price Changed $730,000 -4.6% $1,219 / Sq Ft
02/19/2025 02/19/25 Price Changed $765,000 -4.3% $1,277 / Sq Ft
01/18/2025 01/18/25 Price Changed $799,000 -4.3% $1,334 / Sq Ft
11/21/2024 11/21/24 For Sale $835,000 +189.9% $1,394 / Sq Ft
07/30/2013 07/30/13 Sold $288,000 +1.1% $424 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
08/15/2012 08/15/12 For Sale $285,000 -- $419 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $288,000 Attorney
Warranty Deed $390,000 First American Title Ins Co
Quit Claim Deed $34,100 --
Warranty Deed $99,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Unknown
Open $201,600 Future Advance Clause Open End Mortgage
Previous Owner $142,500 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $312,000 Unknown
Previous Owner $160,000 Unknown
Closed $39,000 No Value Available
Source: Public Records

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Source: Key West Association of REALTORS®

MLS Number: 612336

Key West Association of REALTORS®

APN: 00018520-000100