NOT LISTED FOR SALE

714 Southard St Unit A-B Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,589,000 - $2,254,000

3 Beds
2 Baths
1,677 Sq Ft
$1,135/Sq Ft Est. Value

Last Sold June 27, 2012

Last sale price $749,000 $447 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $11,326/month

148 Days on Market

Highlights

  • Concrete Pool
  • Granite Countertops
  • Some Wood Windows
  • Wood Flooring
  • No HOA
  • French Doors

About This Home

As of June 2012

Very attractive and completely renovated duplex located on desirable Southard Street in the heart of the Key West historic district. The two story home is configured with a two bedroom, one bath residence downstairs that opens onto a covered rear porch and decked yard with a heated pool and a separate artist studio. Upstairs is a spacious one bedroom, one bath with an enormous sunny deck and great roof and treetop views. Both units are very well maintained and beautifully finished with hardwood floors, high ceilings, central a/c, custom lighting and well-designed modern kitchens. This is a short sale transaction subject to 3rd party lender approval.

Last Agent to Sell the Property

Roger Emmons

Truman & Co. (KW) License #608452 Listed on: 01/30/2012

Last Buyer's Agent

Sharon Czerwinski

Key West Sales, LLC License #3239167

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,452

Year Built

  • Built in 1938

Lot Details

  • 2,816 Sq Ft Lot
  • Fenced
  • Sprinkler System

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,677 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • French Doors
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Propane

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Homestead Exemption

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,452

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Potential Short Sale: Yes
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3451.62
  • Title: Negotiable
  • Year Built: 1938
  • Alternate Key Number: 8817801
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 2816.00
  • Pool Info: Concrete, In Ground
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1677.00
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: French Doors, Wood Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Sprinkler System, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, Propane, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2012
Closed on
Jun 26, 2012
Sold by
Shediac Rawy
Bought by
Hanes Stephen A and Hanes Sheryl M
Seller's Agent
Roger Emmons
Truman & Co. (KW)
Buyer's Agent
Sharon Czerwinski
Key West Sales, LLC
List Price
$749,000
Sold Price
$749,000
Total Days on Market
148
Current Estimated Value
$1,903,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,154,204
Avg. Annual Appreciation
7.70%

Purchase Details

Closed on
Apr 4, 2002
Sold by
Michel Lalanne I
Bought by
Shediac Rawy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 1997
Sold by
Davis Bruce B and Bellotti Michael P
Bought by
Lalanne Michael and Proctor Winifred

Purchase Details

Closed on
Jun 16, 1995
Sold by
Bona Anthony M
Bought by
Davis Bruce B and Bellotti Michael P

Purchase Details

Closed on
Feb 1, 1993
Bought by
Hanes Stephen A and Hanes Sheryl M
Source: Public Records

Similar Homes in Key West, FL

  • 602 Southard St, Key West, FL 33040

    $1,600,000

    • 3 Beds
    • 3 Baths
    • 2,671 Sq Ft
    • 602 Southard St
    • Key West, FL

    TRIPLEX in Old Town Key West on large corner lot. Close to famous Duval Street. This historic Circa 1901 property offers almost 2700 sf ft of living space. Currently configured as three apartments but would make a grand conversion to a single-family home. Main floor offers two apartments, and the upper level has a spacious apartment with access to finished 3rd story attic space. Ideal

    Bascom Grooms Bascom Grooms Real Estate (KW)

    Section Image
  • 737 Olivia St, Key West, FL 33040

    $1,650,000

    • 3 Beds
    • 3 Baths
    • 1,860 Sq Ft
    • 737 Olivia St
    • Key West, FL

    Price Reduced, Owner's motivated! This triplex is situated in a prime area of Old Town, just three blocks away from Duval Street. It presents an attractive investment opportunity with its three separate units, offering potential for rental income, extended family stays, or versatile usage. Constructed from concrete blocks in 1979, this property's main unit is currently occupied by the owners,

    Tammy Stiles Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image
  • 1022 Fleming St, Key West, FL 33040

    $2,150,000

    • 4 Beds
    • 2 Baths
    • 2,016 Sq Ft
    • 1022 Fleming St
    • Key West, FL

    Invest in Key West with this legal Duplex! Step into a piece of Key West history with this fully renovated, light-filled historic home in the heart of Old Town. Blending old-world charm with modern updates, this property offers easy living and generates income. Whether you're looking for a smart investment, a vacation getaway, or a new primary residence, this property is ready for you. Live in

    Ellen Gvili Ocean Sotheby's International Realty

    Section Image
  • 1115 Fleming St, Key West, FL 33040

    $2,175,000

    • 4 Beds
    • 2 Baths
    • 1,760 Sq Ft
    • 1115 Fleming St
    • Key West, FL

    This home has not been sold in over 100 years! The property sits on the corner of world famous Millionaire Row and one of the last not to be renovated. Do not buy someone else's overpriced flip. Bring your imagination, contractor and bring this home back to its original beauty. The lot is almost 5000 SF and runs from Fleming St. to Stickeny Lane, where there is ample off-street parking. The 1890

    Derek Epperly Keys Atlantic Realty

    Section Image
  • 1030 James St, Key West, FL 33040

    $1,750,000

    • 3 Beds
    • 3 Baths
    • 1,700 Sq Ft
    • 1030 James St
    • Key West, FL

    Nestled on a sunny corner in Old Town Key West, this charming legal duplex blends timeless island style with modern updates. The beautifully updated downstairs unit offers 2 spacious bedrooms and 2 bathrooms, featuring bright, airy living spaces with the perfect mix of Dad County Pine and crisp finishes throughout. Upstairs, a cozy 1-bedroom, 1-bath apartment provides additional income potential

    Will Langley Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image
  • 1327 Duncan St, Key West, FL 33040

    $1,500,000

    • 4 Beds
    • 2 Baths
    • 2,019 Sq Ft
    • 1327 Duncan St
    • Key West, FL

    Are you ready to build??? after talking with City Planning the new owner will be able to possibly renovate the main house and build a second new house Buyer to verify...Make your offer today.Welcome to 1327 Duncan Street, this property offers a 3 bedroom 1 bath single-family home plus a separate 1 bedroom 1 bath cottage with fenced in yard, laundry area, central air condition. The main

    Barbara Crespo Keller Williams Key West Compass Realty

    Section Image
  • 1415 United St, Key West, FL 33040

    $1,599,900

    • 5 Beds
    • 3 Baths
    • 2,007 Sq Ft
    • 1415 United St
    • Key West, FL

    INVESTOR ALERT! Great opportunity to own a 3 unit building centrally located in Key West with off Street parking and plenty of room for a pool. The downstairs front unit is a 2BD/1BA, has an open floor plan with lots of windows allowing for plenty of natural light and a cute front porch. The upstairs unit is a 1BD/1BA and the rear third unit is another 2BD/1BA. The multi unit building sits on a

    Team Spottswood/Vazquez Truman & Co. (KW)

    Section Image
  • 1626 Sirugo Ave, Key West, FL 33040

    $2,294,700

    • 5 Beds
    • 3 Baths
    • 2,560 Sq Ft
    • 1626 Sirugo Ave
    • Key West, FL

    This Key West resort-style home sounds like an absolute dream! It combines the perfect blend of luxury, functionality, and tropical charm. With almost 2,800 sq ft of living space, 5 bedrooms, and 3 baths, it's designed for both comfort and elegance. The fact that it's just steps from White Street Pier and the beach makes it an ideal location for those who love coastal living. Some standout

    Derek Epperly Keys Atlantic Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hanes Stephen A $749,000 Attorney
Shediac Rawy $605,000 --
Lalanne Michel -- --
Lalanne Michael $380,000 --
Davis Bruce B $330,000 --
Hanes Stephen A $122,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanes Stephen Andrew $417,000
Previous Owner Shediac Rawy $577,500
Previous Owner Shediac Rawy Roy $500,000
Previous Owner Lalanne Michael $200,000
Previous Owner Lalanne Michael $374,445
Previous Owner Lalanne Michael $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2012 06/27/12 Sold $749,000 0.0% $447 / Sq Ft
06/26/2012 06/26/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $749,000 -- $447 / 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 $7,720 $878,534 -- --
2023 $7,720 $852,946 $0 $0
2022 $7,389 $828,103 $0 $0
2021 $7,540 $803,984 $0 $0
2020 $7,415 $792,884 $435,868 $357,016
2019 $7,329 $777,081 $423,069 $354,012
2018 $7,972 $834,407 $476,397 $358,010
2017 $6,863 $798,647 $0 $0
2016 $6,358 $650,935 $0 $0
2015 $5,830 $540,888 $0 $0
2014 $5,350 $434,317 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 115995

Florida Keys Board of REALTORS®

APN: 00011800-000100