$1,395,000
SOLD JUN 8, 2017

720 Elizabeth St Unit 1 Key West, FL 33040

Old Town Neighborhood
3 Beds
3 Baths
1,627 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$857 Per Sq Ft

10% Below List Price

145 Days on Market

Highlights

  • Concrete Pool
  • Key West Architecture
  • Wood Flooring
  • 0.18 Acre Lot
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of June 2017

THE ULTIMATE KEY WEST HOME. The genius of a high end renovation that captures the integrity and feel of its heritage yet introduces a layout that appeals to the lifestyles of today. This beautiful home features real hardwood teak floors, beautifully reclaimed Dade County pine that reaches to the soaring ceilings generating emotions like living in art.

Last Agent to Sell the Property

Andrew Birrell

Century 21 Prestige Realty Group (KW) Listed on: 12/07/2016

Last Buyer's Agent

Francis Kirwin

Resort Realty & Appraisals Inc (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,784

Year Built

  • Built in 1903

Lot Details

  • Fenced
  • Sprinkler System

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,627 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Storage
  • Wood Flooring
  • Home Security System

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Air
  • Separate Meters
  • Tankless Water Heater
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00018201-000100

Community Details

Overview

  • No Home Owners Association
  • Association fees include common area mnt
  • Old Town Unrecord Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,784

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 75.00
  • Mandatory HOA: No
  • Fee Includes: Common Area Mnt
  • 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
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4783.52
  • Vehicle Storage: Off Street Parking, Vehicle Restrictions
  • Vehicle Storage Cars: 1
  • Year Built: 1903
  • Alternate Key Number: 9094138
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, Salt Water, In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Info Condo Docs: Yes
  • Shutters: Bahama, Other
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1627.00
  • Pool Info Other: Pool fountain
  • Pool Info Other Material: Trexpool Deck
  • G F Interior Features: Tankless Hot Wtr Htr
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Pantry, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Granite Counter Top, Dade County Pine, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Oven, Refrigerator, Microwave, Dryer
  • Floor: Wood
  • Windows/Doors: Other Windows/Doors, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Security: Other
  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00018201-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2016
Closed on
Jun 8, 2017
Sold by
Hill Warren H and Hill Pamela A
Bought by
Kelleher John J and The John J Kelleher Jr Revocab
Seller's Agent
Andrew Birrell
Century 21 Prestige Realty Group (KW)
Buyer's Agent
Francis Kirwin
Resort Realty & Appraisals Inc (KW)
List Price
$1,550,000
Sold Price
$1,395,000
Premium/Discount to List
-$155,000
-10%
Total Days on Market
145
Current Estimated Value
$1,649,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,850
Avg. Annual Appreciation
1.96%
Original Mortgage
$1,000,000
Outstanding Balance
$845,814
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$784,484

Purchase Details

Listed on
Jan 28, 2014
Closed on
Feb 4, 2014
Sold by
720 Elizabeth Llc
Bought by
Hill Warren H and Hill Pamela A
Seller's Agent
Andrew Birrell
Century 21 Prestige Realty Group (KW)
Buyer's Agent
Andrew Birrell
Century 21 Prestige Realty Group (KW)
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.74%
Source: Public Records

Similar Homes in Key West, FL

  • 1401 Simonton St Unit 11, Key West, FL 33040

    $1,395,000

    • 2 Beds
    • 2 Baths
    • 958 Sq Ft
    • 1401 Simonton St
    • Unit 11
    • Key West, FL

    Great opportunity to own a single level luxury two bedroom/two bath condo at the exclusive Santa Maria Resort in Old Town Key West. Just steps from Key West's vibrant downtown scene, this Santa Maria condo also has beach access PLUS a transient rental license with tons of income producing possibilities. This is resort living at its best with beautiful pool and grounds, off street parking and

    Ralph Sanchez Century 21 All Keys Inc (KW)

    Section Image
  • 115 Front St Unit 202, Key West, FL 33040

    $1,495,000

    • 2 Beds
    • 3 Baths
    • 1,260 Sq Ft
    • 115 Front St
    • Unit 202
    • Key West, FL

    Second Floor Harbour Place Condo located in the historic Navy Administrative Building. Features high ceilings and tile floors throughout. One level living with 2 bedrooms and 2.5 Baths. Large primary bedroom ensuite with walk-in closet. The guest bedroom has French doors that open to the balcony with guest bathroom in the hall. Has one covered parking space, # 84. Includes the special Truman

    The Behmke Group Keller Williams Key West Compass Realty

    Section Image
  • 833 Eisenhower Dr Unit 303, Key West, FL 33040

    $1,300,000

    • 2 Beds
    • 2 Baths
    • 1,351 Sq Ft
    • 833 Eisenhower Dr
    • Unit 303
    • Key West, FL

    Closest living to OLD TOWN with a boat slip!! Peace and quiet and a boaters delight! This small condo complex located in the beautiful Meadows neighborhood has an ordinance against vacation rentals which ensures consistent tranquility with a virtually private pool. One of the only properties close to Old Town where you can keep your boat in the water with an assigned boat slip. With the rising

    Derek Epperly Keys Atlantic Realty

    Section Image
  • 1800 Atlantic Blvd Unit A405, Key West, FL 33040

    $1,170,000

    • 2 Beds
    • 2 Baths
    • 1,314 Sq Ft
    • 1800 Atlantic Blvd
    • Unit A405
    • Key West, FL

    Enjoy shimmering morning light dancing on the Atlantic Ocean from this 1800 Atlantic penthouse unit!With a commanding view of the ocean and swimming pool, what an exceptional vista to savor, during your morning coffee and afternoon drinks. The top floor location transcends the condominium experience to a higher level providing additional natural light from the vaulted ceilings and floor to

    Vic Musmanno Coldwell Banker Schmitt Real Estate Co. (KW)

    Section Image
  • 1800 Atlantic Blvd Unit 410A, Key West, FL 33040

    $1,349,000

    • 2 Beds
    • 2 Baths
    • 1,316 Sq Ft
    • 1800 Atlantic Blvd
    • Unit 410A
    • Key West, FL

    Experience Luxury Living by the Sea.Welcome to your dream coastal retreat--this exquisite 2-bedroom, 2-bathroom luxury condominium offers stunning ocean views from the living area, both bedrooms, and your private balcony. Wake up to the sound of waves and bask in natural light that fills every corner of this beautifully upgraded home and end your day with nightly sunset views.Step inside to find

    Stacy Stahl Realty ONE Group Destination

    Section Image
  • 1901 S Roosevelt Blvd Unit 202W, Key West, FL 33040

    $1,299,000

    • 2 Beds
    • 2 Baths
    • 1,099 Sq Ft
    • 1901 S Roosevelt Blvd
    • Unit 202W
    • Key West, FL

    This rare transiently licensed condo is designed to embrace tropical luxury exuding natural light, open concept, practicality and privacy thus creating a serene and inviting environment for you and your guests. Located at La Brisa, a gated condo community, just steps from the beach ,the updated and stylish unit lovingly named ''Moondance'' is the unforgettable retreat you have been dreaming of.

    Robert Donahue Key West Luxury Real Estate Inc (KW)

    Section Image
  • 5960 Peninsular Ave Unit 108, Key West, FL 33040

    $1,500,000

    • 2 Beds
    • 2 Baths
    • 1,352 Sq Ft
    • 5960 Peninsular Ave
    • Unit 108
    • Key West, FL

    What a view! This beautiful 2-bedroom 2-bathroom condo is located next to Oceans Edge resort and marina. The second bedroom is set up to be converted to a 3 bedroom if you wish. The views from your balcony, master bedroom and bathroom are breathtaking. Living here will make you feel like you are on vacation every day. You have a beautiful pool and can enjoy the restaurant at the hotel. This

    Annica Pedersen Key West Luxury Real Estate Inc (KW)

    Section Image
  • 5960 Peninsular Ave Unit 101, Key West, FL 33040

    $1,290,000

    • 3 Beds
    • 2 Baths
    • 1,352 Sq Ft
    • 5960 Peninsular Ave
    • Unit 101
    • Key West, FL

    Location Location Location! Oceanview Condo Only 22 units nestled on an ocean front peninsula. Breathtaking views of flats, Mangrove estuary, and the Atlantic Ocean. Compare this property with the competition and you can for yourself. Unit 101 is an end unit with additional windows in the living area letting in natural light making this unit feel open and delightful. Unit faces East and enjoys

    Zachary Bentley Coastal Collection Real Estate Inc.

    Section Image
  • 5960 Peninsular Ave Unit 111, Key West, FL 33040

    $1,590,000

    • 3 Beds
    • 2 Baths
    • 1,352 Sq Ft
    • 5960 Peninsular Ave
    • Unit 111
    • Key West, FL

    Lavender, purple, magenta, emerald, milky baby blue, gemlike aquamarine. These are a few of the breathtaking colors you will experience while slumbering on your balcony of this beautiful ocean front home. Fully furnished, turnkey 3 Bedroom 2 Bath one level condo on the Atlantic in a gated community. Designer kitchen with custom lighting, beautiful cabinetry and exquisite furnishings are just a

    Richard Lively Coldwell Banker Schmitt Real Estate Co. (KW)

    Section Image
See All Homes in Key West

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 Type Sale Price Title Company
Warranty Deed $1,395,000 Attorney
Warranty Deed $600,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Closed $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2017 06/08/17 Sold $1,395,000 -10.0% $857 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
12/07/2016 12/07/16 For Sale $1,550,000 +158.3% $953 / Sq Ft
02/04/2014 02/04/14 Sold $600,000 -4.0% $466 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $625,000 -- $485 / 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 $10,406 $1,266,853 -- --
2023 $10,406 $1,229,955 $0 $0
2022 $9,963 $1,194,132 $0 $0
2021 $10,224 $1,159,352 $0 $1,159,352
2020 $10,195 $1,159,352 $0 $1,159,352
2019 $10,383 $1,171,005 $0 $1,171,005
2018 $10,595 $1,171,005 $0 $0
2017 $4,638 $501,724 $0 $0
2016 $4,784 $491,405 $0 $0
2015 $4,877 $487,989 $0 $0
2014 $5,710 $548,044 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Andrew Birrell

    Century 21 Prestige Realty Group (KW)

  • F

    Buyer's Agent in 2017

    Francis Kirwin

    Resort Realty & Appraisals Inc (KW)

  • Andy Birrell

    Buyer's Agent in 2014

    Andy Birrell

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 923-5753

    24 in this area

    71 Total Sales

    Andy Birrell
    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573099

Florida Keys Board of REALTORS®

APN: 00018201-000100

Florida Monroe County Key West 33040 Old Town

720 Elizabeth St Unit 1, Key West, FL

This home is located at 720 Elizabeth St Unit 1, Key West, FL 33040 and is currently priced at $1,395,000, approximately $857 per square foot. This property was built in 1903. 720 Elizabeth St Unit 1 is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and Somerset Island Prep.

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.

Nearby Homes