NOT LISTED FOR SALE

709 Olivia St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,330,000 - $1,659,000

2 Beds
4 Baths
1,176 Sq Ft
$1,220/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $1,295,000 $1,101 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,343/month

70 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Stainless Steel Appliances
  • Cathedral Ceiling
  • No HOA
  • Balcony

About This Home

As of March 2022

A LEGAL DUPLEX IN OLD TOWN! This home is set up as a legal 1176sf duplex in the heart of Old Town. This exceptionally well maintained and expertly renovated duplex with historic architecture, vaulted ceilings with exposed beams and skylights give you that bright and airy feel. Each unit is identical in square footage with 1 Bedroom and 1.5 Bathrooms and have each been redesigned with updated kitchens, bathrooms, and storage. Step outside to the large covered porch with plenty of space for dining and lounging. 709 Olivia Street is a totally fenced property with plenty of privacy and is only blocks from World famous Duval Street and all of the amenities of Old Town. Off-street parking and being located in the X-Flood Zone make life on our beautiful tropical island easy!

Last Agent to Sell the Property

Wade Meyer

Real Estate Management of Key West, LLC License #3275505 Listed on: 10/27/2021

Co-Listed By

Irina Pytlik

Keys Top Realty LLC License #3441724

Last Buyer's Agent

Wade Meyer

Key West Realty, LLC (KW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,887

Year Built

  • Built in 1933 | Remodeled

Lot Details

  • 2,200 Sq Ft Lot
  • Privacy Fence
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,176 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Some Wood Windows
  • Shutters
  • Double Hung Windows
  • Blinds
  • French Doors
  • Storage
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00019010-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Old Town Unrecord Subdivision

Pet Policy

  • Pets Allowed

Security

  • Building Security System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,887

Year Built

Built in 1933 | Remodeled

Lot Details

2,200 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • 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
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 5887.31
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1933
  • Alternate Key Number: 1019682
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless
  • Lot Sq Ft: 2200.00
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1176.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • G F Interior Features: LED Lighting, Tankless Hot Wtr Htr
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Cabinets, Security System, Storage, Smoke Alarms, Sky Light(s), Cathedral Ceilings, Drapes/Blinds Incl
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Wine Cooler, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Oven, Freezer, Ice Machine, Dryer, Disposal
  • Floor: Wood
  • Half Bathrooms: 2
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Privacy Wall/Fence, Rain Gutters, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: On Premises System
  • Utilities: Buyer to Verify, Water Separate Meter, Elect Separate Meter, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Parcel Number: 00019010-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Mar 2, 2022
Sold by
Mcmartin and Angela
Bought by
Breingan Jonathon Hugh and Breingan Corey Elizabeth
Seller's Agent
Wade Meyer
Real Estate Management of Key West, LLC
Buyer's Agent
Wade Meyer
Key West Realty, LLC (KW)
List Price
$1,295,000
Sold Price
$1,295,000
Current Estimated Value
$1,434,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,656
Avg. Annual Appreciation
2.62%
Original Mortgage
$971,250
Outstanding Balance
$900,016
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$534,640

Purchase Details

Listed on
May 17, 2021
Closed on
Jun 16, 2021
Sold by
Ames Robert S and Wolfe James R
Bought by
Hanson Angela and Mcmartin Scott
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
John Spottswood
Truman & Co. (KW)
List Price
$1,095,000
Sold Price
$1,075,000
Premium/Discount to List
-$20,000
-1.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.98%

Purchase Details

Closed on
May 25, 2016
Sold by
Gugleotti George
Bought by
Ames Robert S and Wolfe James R

Purchase Details

Closed on
Feb 5, 2010
Sold by
Gugleotti George
Bought by
Gugleotti George

Purchase Details

Closed on
Aug 1, 1982
Bought by
Ames Robert S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Breingan Jonathon Hugh $1,295,000 Richard M Klitenick Pa
Hanson Angela $1,075,000 Attorney
Ames Robert S $550,000 None Available
Gugleotti George -- Attorney
Ames Robert S $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breingan Jonathon Hugh $971,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2022 03/03/22 Sold $1,295,000 0.0% $1,101 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
10/27/2021 10/27/21 For Sale $1,295,000 +20.5% $1,101 / Sq Ft
06/16/2021 06/16/21 Sold $1,075,000 -1.8% $914 / Sq Ft View Prior Sale
05/17/2021 05/17/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $1,095,000 -- $931 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $11,423 $1,295,961 $753,638 $542,323
2024 $11,450 $1,270,809 $738,623 $532,186
2023 $11,450 $1,257,691 $738,045 $519,646
2022 $9,288 $1,017,199 $492,030 $525,169
2021 $6,981 $806,685 $363,248 $443,437
2020 $5,887 $577,524 $354,008 $223,516
2019 $5,837 $567,298 $343,613 $223,685
2018 $5,039 $468,140 $386,925 $81,215
2017 $5,128 $469,628 $0 $0
2016 $2,504 $264,823 $0 $0
2015 $2,404 $237,423 $0 $0
2014 $1,530 $188,785 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wade Meyer

    Seller's Agent in 2022

    Wade Meyer

    Real Estate Management of Key West, LLC

    (305) 432-6373

    4 in this area

    15 Total Sales

    Wade Meyer
    Section Image
  • Irina Pytlik

    Seller Co-Listing Agent in 2022

    Irina Pytlik

    Keys Top Realty LLC

    (305) 987-7775

    2 in this area

    17 Total Sales

    Irina Pytlik
    Section Image
  • Team Kaufelt

    Seller's Agent in 2021

    Team Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    89 in this area

    182 Total Sales

    Team Kaufelt
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jackson Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    15 in this area

    24 Total Sales

    Jackson Kaufelt
    Section Image
  • John Spottswood

    Buyer's Agent in 2021

    John Spottswood

    Truman & Co. (KW)

    (305) 432-4848

    93 in this area

    261 Total Sales

    John Spottswood
    Section Image
  • Terri Spottswood

    Buyer Co-Listing Agent in 2021

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    105 in this area

    283 Total Sales

    Terri Spottswood
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598245

Florida Keys Board of REALTORS®

APN: 00019010-000000

Florida Monroe County Key West 33040 Old Town

709 Olivia St, Key West, FL

Not Listed for Sale

MultiFamily

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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