NOT LISTED FOR SALE

712 Galveston Ln Unit 2 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $550,000 - $617,064

1 Bed
1 Bath
526 Sq Ft
2,875 Sq Ft Lot

Last Sold May 30, 2025

Last sale price $552,500 $1,050 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,440/month

130 Days on Market

About This Home

As of May 2025

Priced to sell with low condo fees, fully renovated Old Town luxury condo on Solares Hill, the city's highest point. Located on Galveston Lane, it provides serenity along with central location allowing you to walk to everything in Old Town. Bill Butler Park is a mere stroll away, complemented by the many Old Town restaurants and galleries at your doorstep. Boasting impact windows, off-street parking, and elegant porcelain tile floors, this turnkey upstairs unit offers negotiable furnishings. Whether you're envisioning it as your permanent Key West residence or an upscale vacation rental, this unit seamlessly combines style, comfort, and convenience!!

Last Agent to Sell the Property

Sean Farrer

Coldwell Banker Schmitt Real Estate Co. (KW) License #3168212 Listed on: 11/15/2024

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Paul Brooks

Compass Florida, LLC License #3373276

Compass Florida, LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,076

Year Built

1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 307.17
  • Mandatory HOA: Yes
  • Document Count: 3
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • 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, Other See Remarks
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 5076.18
  • Vehicle Storage: Open Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1981
  • Alternate Key Number: 9105046
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 2866.80
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 526.00
  • G F Interior Features: Tankless Hot Wtr Htr, LED Lighting, Dual Flush, Low Flow Toilets, Programmable Thermst
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Quartz Countertops, Smoke Alarms
  • Floor Number: 2.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dryer
  • Floor: Tile
  • Windows/Doors: Aluminum Windows, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X,0.2 PCT ANNUAL CHA
  • Parcel Number: 00018971-000200
  • Lot Size: 40 x 71.67
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished, Negotiable

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
May 30, 2025
Sold by
Eden Colleen Ann and Eden Harry M
Bought by
Calabrese Stephen G
Seller's Agent
Sean Farrer
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Paul Brooks
Compass Florida, LLC
List Price
$719,000
Sold Price
$552,500
Premium/Discount to List
-$166,500
-23.16%
Views
84
Current Estimated Value
$570,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,266
Avg. Annual Appreciation
9.19%
Original Mortgage
$414,375
Outstanding Balance
$410,057
Interest Rate
5.94%
Mortgage Type
New Conventional
Estimated Equity
$160,709
Source: Public Records

Range of Values:

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Average Value
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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
Calabrese Stephen G $552,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calabrese Stephen G $414,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Sold $552,500 -3.9% $1,050 / Sq Ft
03/25/2025 03/25/25 Price Changed $575,000 -4.0% $1,093 / Sq Ft
03/13/2025 03/13/25 Price Changed $599,000 -5.7% $1,139 / Sq Ft
02/12/2025 02/12/25 Price Changed $635,000 -7.8% $1,207 / Sq Ft
02/03/2025 02/03/25 Price Changed $689,000 -1.4% $1,310 / Sq Ft
01/07/2025 01/07/25 Price Changed $699,000 -2.8% $1,329 / Sq Ft
11/15/2024 11/15/24 For Sale $719,000 -- $1,367 / Sq Ft
Source: Key West Association 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 $5,076 $551,256 -- $551,256
2023 $5,076 $551,256 $0 $551,256
2022 $4,261 $516,277 $0 $516,277
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 612282

Key West Association of REALTORS®

APN: 00018971-000200