NOT LISTED FOR SALE

651 William St Unit 1 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $600,000 - $785,644

1 Bed
1 Bath
599 Sq Ft
871 Sq Ft Lot

Sale Details

Date Sold: July 15, 2025

Last sale price $600,000 $1,002 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,222 / mo

191 Days on Market

Highlights

  • Concrete Pool
  • Key West Architecture
  • Granite Countertops
  • Deck
  • Cathedral Ceiling
  • Stainless Steel Appliances

About This Home

As of July 2025

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 Agent to Sell the Property

Barbara Bowers

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

Last Buyer's Agent

Monika Turek

Karem Kramer Realty (KW)

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,380

Year Built

  • Built in 1933 | Remodeled

Lot Details

  • Privacy Fence
  • Fenced

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Key West Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 599 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Shutters
  • Double Hung Windows
  • French Doors
  • Vinyl Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck

Location

  • Ground Level

Utilities

  • Ductless Heating Or Cooling System
  • Separate Meters
  • Tankless Water Heater
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00018520-000100

Community Details

Overview

  • Association fees include common area mnt
  • Old Town Unrecord Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,380

Year Built

Built in 1933 | Remodeled

Lot Details

871 Sq Ft Lot

HOA Fees

$180 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 180.00
  • Mandatory HOA: Yes
  • 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
  • Sale Terms: Cash
  • 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: None
  • 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

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

Listed on
Nov 21, 2024
Closed on
Jul 15, 2025
Sold by
Bought by
Seller's Agent
Barbara Bowers
Preferred Properties (KW)
Buyer's Agent
Monika Turek
Karem Kramer Realty (KW)
List Price
$835,000
Sold Price
$600,000
Premium/Discount to List
-$235,000
-28.14%
Views
164
Current Estimated Value
$664,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,215
Avg. Annual Appreciation
9.59%

Purchase Details

Listed on
Aug 15, 2012
Closed on
Jul 30, 2013
Sold by
Bought by
Seller's Agent
Jeffrey Searcy
SBX Real Estate, LLC (KW)
Buyer's Agent
Maya Thomas
Sunshine State Realty Services
List Price
$285,000
Sold Price
$288,000
Premium/Discount to List
$3,000
1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$201,600
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 30, 2004
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
$312,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 1997
Bought by

Purchase Details

Closed on
Mar 1, 1995
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Old Town, FL

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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
$600,000 None Listed On Document
$288,000 Attorney
$390,000 First American Title Ins Co
$34,100 --
$99,000 --
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
Previous Owner --
Previous Owner $201,600
Previous Owner $142,500
Previous Owner $100,000
Previous Owner $312,000
Previous Owner $160,000
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 Prior Sale
07/15/2025 07/15/25 Sold $600,000 -14.2% $1,002 / Sq Ft
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 View Prior Sale
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®

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 $4,785 $605,095 $473,760 $131,335
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

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 612336

Key West Association of REALTORS®

APN: 00018520-000100

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