NOT LISTED FOR SALE

69 Sunset Key Dr Key West, FL 33040

Estimated Value: $2,369,000 - $3,158,000

2 Beds
2.5 Baths
1,825 Sq Ft
$1,507/Sq Ft Est. Value

Last Sold July 19, 2017

Last sale price $1,550,000 $849 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $17,442/month

165 Days on Market

Highlights

  • Dock Facilities
  • Property fronts gulf or ocean
  • Concrete Pool
  • Beach
  • Tennis Courts
  • Island Location

About This Home

As of July 2017

This spectacular home has everything imaginable, from a gourmet kitchen, luxury baths, covered observation deck, etc. No expense was spared when building this incredible home. Enjoy a cold drink while watching the sun setting over the Atlantic Ocean. This home is walking distance to three beaches on the island. Sunset Key Island is only three minutes from historic downtown Key West by island ferry

Last Agent to Sell the Property

Robert Cardenas

Ocean Sotheby's International Realty Listed on: 02/03/2017

Last Buyer's Agent

Bob Cardenas

Ocean Sotheby's International Realty License #3406183

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,919

Year Built

  • Built in 1999

Lot Details

  • 3,001 Sq Ft Lot
  • Property fronts gulf or ocean
  • Sprinkler System

HOA Fees

  • $1,848 Monthly HOA Fees

Property Views

  • Ocean
  • Gulf

Home Design

  • Widow's Walk
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,825 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Storage
  • Marble Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire Sprinkler System

Parking

  • Detached Garage
  • Guest Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • First Come-First Served Dock
  • Dock Facilities
  • Tennis Courts
  • Balcony
  • Deck
  • Patio

Location

  • Island Location

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00000200-000609

Community Details

Overview

  • Association fees include common area mnt
  • Sunset Key Island Unrcd Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,919

Year Built

Built in 1999

Lot Details

0

HOA Fees

$1,848 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Association Approval Required: No
  • Association Fee: 5544.40
  • Mandatory HOA: Yes
  • Dockage Dock: Other
  • Fee Includes: Common Area Mnt, Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Sunset Key
  • Limited Representation: No
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Other Area Features, Fire Hydrant
  • Off Shore Island: Yes
  • Pets W Restrictions: Weight, Breed, # of
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 12918.56
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Vehicle Restrictions, Off Street Parking, Guest Parking, Detached
  • Year Built: 1999
  • Alternate Key Number: 8959831
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 3001.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Widow's Walk, Patio, Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1825.00
  • Pool Info Other: Community Pool
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Fire Sprinkler, Other, Storage, Granite Counter Top
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Marble
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Glass Doors, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Dock Privileges, First Come Dock
  • Waterfront: Gulf Front, None, Open Water, Oceanfront
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Sprinkler System, Tennis Court(s)
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Other, Patrolled Area
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: X 500
  • Parcel Number: 00000200-000609
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2017
Closed on
Jul 19, 2017
Sold by
Rolen Scott B
Bought by
Bhc Enterprises Llc
Seller's Agent
Robert Cardenas
Ocean Sotheby's International Realty
Buyer's Agent
Robert Cardenas
Ocean Sotheby's International Realty
List Price
$1,800,000
Sold Price
$1,550,000
Premium/Discount to List
-$250,000
-13.89%
Current Estimated Value
$2,749,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,199,427
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
Jan 14, 2004
Sold by
Mitchell Wayne and Mitchell Trina
Bought by
Rolen Scott B

Purchase Details

Closed on
Nov 27, 2002
Sold by
Schiff Jon E
Bought by
Mitchell Wayne and Mitchell Trina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,846
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2002
Sold by
Linda B Schiff I
Bought by
Schiff Jon E

Purchase Details

Closed on
Aug 14, 2000
Sold by
Parcel G Island Development Corp
Bought by
Schiff Jon E and Schiff Linda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
8.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Bhc Enterprises Llc $1,550,000 Attorney
Rolen Scott B $1,300,000 --
Mitchell Wayne $995,000 Keys Title & Abstract Compan
Schiff Jon E -- --
Schiff Jon E $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Wayne $528,846
Previous Owner Schiff Jon E $94,000
Previous Owner Schiff Jon E $720,000
Previous Owner Schiff Jon E $68,500
Previous Owner Schiff Jon E $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2017 07/19/17 Sold $1,550,000 -13.9% $849 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $1,800,000 -- $986 / 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
2024 $14,435 $1,720,088 $1,102,109 $617,979
2023 $14,435 $1,696,075 $1,102,109 $593,966
2022 $13,112 $1,588,751 $980,753 $607,998
2021 $12,464 $1,387,208 $845,363 $541,845
2020 $12,050 $1,344,098 $789,886 $554,212
2019 $12,268 $1,356,465 $789,886 $566,579
2018 $12,358 $1,337,623 $766,110 $571,513
2017 $11,537 $1,224,446 $0 $0
2016 $12,919 $1,298,013 $0 $0
2015 $13,842 $1,453,901 $0 $0
2014 $12,619 $1,183,081 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 574055

Florida Keys Board of REALTORS®

APN: 00000200-000609