NOT LISTED FOR SALE

724 Olivia St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $3,607,383 - $4,278,000

5 Beds
2 Baths
2,848 Sq Ft
$1,392/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $3,600,000 $1,264 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $23,770/month

6 Days on Market

About This Home

As of April 2023

For sale for the first time in living memory, a unique opportunity to own a stately old town home sitting on almost 12,000sf of land already cleared and waiting for your architectural dreams to be realized on. 2,848 SF on two floors plus an additional 1,242 SF finished attic and another 1008 SF of porches, a massive amount of space to accomplish almost anything you can desire. All of the bones on this home are ready for rejuvenation, Dade county pine in the walls ready to see the light of day again, super tall ceilings and so much more potential. The yard is one of the largest you will find in Old Town, almost totally cleared so a blank slate for your architect and landscape designers to synthesize a personal paradise. Currently used as a multifamily home with massive parking for 20 or so cars in back.

Last Agent to Sell the Property

Team Spottswood/Vazquez

Truman & Co. (KW) Brokerage Phone: 305-395-2360 Listed on: 01/03/2023

Co-Listed By

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-395-2360 License #161619

Last Buyer's Agent

Jennifer Newman

Doug Mayberry Real Estate (KW)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Apr 2, 2023
Sold by
Stafford Family Trust
Bought by
Natures Boundary Llc
Seller's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$3,900,000
Sold Price
$3,600,000
Premium/Discount to List
-$300,000
-7.69%
Total Days on Market
6
Views
111
Current Estimated Value
$3,963,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,846
Avg. Annual Appreciation
3.79%

Purchase Details

Closed on
May 7, 2012
Bought by
Stafford Family Trust

Purchase Details

Closed on
Jan 16, 2009
Sold by
Stafford Burney E
Bought by
Groomes Davis Carrie E
Source: Public Records

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Range of Values:

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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
Natures Boundary Llc $3,600,000 None Listed On Document
Stafford Family Trust -- --
Groomes Davis Carrie E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $3,600,000 -7.7% $1,264 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $3,900,000 -- $1,369 / 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 $18,232 $2,945,751 $2,325,508 $620,243
2023 $18,232 $2,754,361 $2,236,065 $518,296
2022 $14,906 $1,961,404 $1,431,082 $530,322
2021 $13,198 $1,409,494 $937,657 $471,837
2020 $12,385 $1,335,083 $852,686 $482,397
2019 $11,707 $1,297,939 $804,983 $492,956
2018 $10,187 $1,085,078 $739,392 $345,686
2017 $10,369 $1,085,646 $0 $0
2016 $11,287 $1,119,664 $0 $0
2015 $11,355 $1,096,380 $0 $0
2014 $11,214 $1,045,003 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Team Spottswood/Vazquez

    Seller's Agent in 2023

    Team Spottswood/Vazquez

    Truman & Co. (KW)

    (305) 395-1777

    121 in this area

    354 Total Sales

    Team Spottswood/Vazquez
    Section Image
  • Terri Spottswood

    Seller Co-Listing Agent in 2023

    Terri Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    122 in this area

    352 Total Sales

    Terri Spottswood
    Section Image

  • J

    Buyer's Agent in 2023

    Jennifer Newman

    Doug Mayberry Real Estate (KW)

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 603612

Key West Association of REALTORS®

APN: 00020350-000000

Florida Monroe County Key West 33040 Old Town

724 Olivia St, Key West, FL

This home is located at 724 Olivia St, Key West, FL 33040 since 03 January 2023 and is currently estimated at $3,963,846, approximately $1,391 per square foot. This property was built in 1923. 724 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.

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Key West Association 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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