NOT LISTED FOR SALE

704 Olivia St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,610,263 - $1,925,000

3 Beds
3.5 Baths
1,100 Sq Ft
$1,637/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $1,200,000 $1,091 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $11,106/month

99 Days on Market

Highlights

  • Concrete Pool
  • Outdoor Water Feature
  • Central Air
  • Wood Flooring
  • No HOA

About This Home

As of May 2021

Fantastic Old Town north location just 2.5 blocks off Duval St on the beautiful & quiet one-way traffic street of Olivia. This is a unique single family home property located in the X Flood zone, a swimming pool, & a small pool house with a half bath & outdoor shower. The main house 2nd floor is a 'half story' loft space with spiral staircase access that is exceptionally large at an additional 672 sf to the main floor 1100 sf. It can be purposed as the master bedroom with en suite full bath. Plus 2 bedrooms with 2 full baths on the main ground level floor. The kitchen is wide open to the living room that extends out to the pool area. Super price in a super location. Small pool house & 1/2 story square footage under air ARE NOT included in the 1100 square feet.

Last Agent to Sell the Property

Caroline Bauer

Key West Sales, LLC License #3011030 Listed on: 02/07/2021

Co-Listed By

Robin Van Mater

Key West Sales, LLC License #654348

Last Buyer's Agent

Terri Spottswood

Truman & Co. (KW) License #161619

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,798

Year Built

  • Built in 1933

Lot Details

  • 2,850 Sq Ft Lot
  • Property is zoned HHDR - Historic High Density Residential

Home Design

  • 1,100 Sq Ft Home
  • Frame Construction
  • Metal Roof

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Outdoor Water Feature

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00020380-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,798

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • 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: 7797.70
  • Title: Negotiable
  • Year Built: 1933
  • Alternate Key Number: 1021121
  • Cooling Heating: Central Air, Wall/Window Unit(s)
  • Lot Sq Ft: 2850.00
  • Pool Info: Concrete, In Ground
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: YES
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1100.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Oven, Refrigerator
  • Floor: Combo, Wood, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Other
  • Total Bedrooms: 3
  • Sq Ft Remarks: 1100 sf 1st floor; Finished Half Story 682 2nd floor per tax record

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Outdoor Shower, Water Display
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00020380-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2022
Sold by
Simpson Joseph P
Bought by
Pineapple House Llc
Current Estimated Value
$1,834,369

Purchase Details

Listed on
Feb 7, 2021
Closed on
May 27, 2021
Sold by
Insite Key West Olivia Ii Llc
Bought by
Simpson Joseph P and Simpson Julie A
Seller's Agent
Caroline Bauer
Key West Sales, LLC
Buyer's Agent
Terri Spottswood
Truman & Co. (KW)
List Price
$1,199,000
Sold Price
$1,200,000
Premium/Discount to List
$1,000
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%

Purchase Details

Closed on
Oct 1, 2004
Sold by
Mayer & Moritz Ptrs Llp
Bought by
Insite Key West Olivia Ii Llc

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
5.64%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 1995
Bought by
Insite Key West Llc
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
Pineapple House Llc -- Gordon Fournaris & Mammarella
Simpson Joseph P $1,200,000 Attorney
Insite Key West Olivia Ii Llc $550,000 First American Title Ins Co
Insite Key West Llc $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner West Key $840,000
Previous Owner Insite Key West Olivia Ii Llc $731,250
Previous Owner Insite Key West Olivia Ii Llc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $1,200,000 +0.1% $1,091 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/02/2021 05/02/21 For Sale $1,199,000 0.0% $1,090 / Sq Ft
05/02/2021 05/02/21 Price Changed $1,199,000 +4.4% $1,090 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
02/07/2021 02/07/21 For Sale $1,149,000 -- $1,045 / 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 $13,334 $1,543,474 $1,111,500 $431,974
2023 $13,334 $1,482,980 $1,068,750 $414,230
2022 $9,997 $1,103,107 $684,000 $419,107
2021 $8,572 $881,190 $448,163 $433,027
2020 $7,896 $807,452 $407,550 $399,902
2019 $7,798 $789,693 $384,750 $404,943
2018 $7,541 $745,813 $353,400 $392,413
2017 $7,416 $755,250 $0 $0
2016 $7,769 $860,764 $0 $0
2015 $7,423 $810,170 $0 $0
2014 $7,316 $808,041 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caroline Bauer

    Seller's Agent in 2021

    Caroline Bauer

    Key West Sales, LLC

    (305) 731-3926

    26 in this area

    86 Total Sales

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  • R

    Seller Co-Listing Agent in 2021

    Robin Van Mater

    Key West Sales, LLC

    (305) 797-6784

    9 in this area

    25 Total Sales

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  • Terri Spottswood

    Buyer's Agent in 2021

    Terri Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    122 in this area

    342 Total Sales

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  • Team Spottswood/Vazquez

    Buyer Co-Listing Agent in 2021

    Team Spottswood/Vazquez

    Truman & Co. (KW)

    (305) 395-1777

    121 in this area

    344 Total Sales

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594577

Florida Keys Board of REALTORS®

APN: 00020380-000000

Florida Monroe County Key West 33040 Old Town

704 Olivia St, Key West, FL

This home is located at 704 Olivia St, Key West, FL 33040 since 07 February 2021 and is currently estimated at $1,800,316, approximately $1,636 per square foot. This property was built in 1933. 704 Olivia St is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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