NOT LISTED FOR SALE

728 Elizabeth St Unit 1-3 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,512,488 - $2,340,000

3 Beds
4 Baths
2,388 Sq Ft
$842/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $935,000 $392 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $11,545/month

210 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Loft
  • Key West Architecture
  • Wood Flooring
  • No HOA

About This Home

As of May 2018

Welcome to this Incredible Opportunity to Own a Legal Triplex in the Heart of Key West. Imagine Yourself Living a few Minutes Away from the Iconic Duval Street. You could Live in One of the Units and have Two Sets of Tenants Help Cover the Cost of Owning an Investment Property. Each Unit has One Bedroom and Bathroom with Great Floor Layouts. All Separate Metered Utilities. There's even a Private Spa for Your Enjoyment and Outdoor Shower. Two Car Parking Area as Well. You could Live in this Historic Key West Neighborhood. Make an Appointment to Today!

Last Agent to Sell the Property

Christopher Orth

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 08/09/2017

Last Buyer's Agent

Jennifer Newman

Doug Mayberry Real Estate (KW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,073

Year Built

  • Built in 1933

Lot Details

  • 3,170 Sq Ft Lot
  • Fenced

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,388 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00018240-000000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Old Town Unlisted Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,073

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • 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
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 8072.55
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1933
  • Alternate Key Number: 1018732
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 3170.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2388.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Cathedral Ceilings
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Microwave, Dryer
  • Floor: Combo, Wood, Tile
  • Specialty Rooms: Laundry Room, Loft
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Parcel Number: 00018240-000000
  • Lot Size: 53 x 60
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2017
Closed on
May 15, 2018
Sold by
Eggers Iii George D
Bought by
Gatley Marla
Seller's Agent
Christopher Orth
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$1,150,000
Sold Price
$935,000
Premium/Discount to List
-$215,000
-18.7%
Total Days on Market
210
Current Estimated Value
$2,011,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,076,622
Avg. Annual Appreciation
11.55%
Original Mortgage
$350,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2017
Closed on
May 14, 2018
Sold by
Eggers Iii George D
Bought by
Gatley Marla
Seller's Agent
Christopher Orth
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$1,150,000
Sold Price
$935,000
Premium/Discount to List
-$215,000
-18.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2015
Sold by
Eggers Robert E L
Bought by
Eggers George D

Purchase Details

Closed on
Sep 1, 1984
Bought by
Eggers George D

Purchase Details

Closed on
Apr 1, 1979
Bought by
Eggers George D
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
Gatley Marla $935,000 None Listed On Document
Gatley Marla $935,000 None Listed On Document
Eggers George D -- Attorney
Eggers George D $93,000 --
Eggers George D $56,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gatley Marla H $400,000
Closed Gatley Marla $350,000
Closed Gatley Marla $350,000
Previous Owner Eggers Margaret Anne $415,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $935,000 -18.7% $392 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
08/09/2017 08/09/17 For Sale $1,150,000 -- $482 / 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 $10,422 $1,248,345 -- --
2023 $10,422 $1,229,879 $0 $0
2022 $9,402 $1,058,025 $0 $0
2021 $9,104 $933,765 $0 $0
2020 $8,868 $912,745 $461,512 $451,233
2019 $8,522 $824,424 $447,961 $376,463
2018 $9,075 $899,908 $504,426 $395,482
2017 $8,590 $848,518 $0 $0
2016 $8,073 $705,027 $0 $0
2015 $5,200 $642,002 $0 $0
2014 $4,866 $535,182 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Christopher Orth

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • J

    Buyer's Agent in 2018

    Jennifer Newman

    Doug Mayberry Real Estate (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 576547

Florida Keys Board of REALTORS®

APN: 00018240-000000

Florida Monroe County Key West 33040 Old Town

728 Elizabeth St Unit 1-3, Key West, FL

This home is located at 728 Elizabeth St Unit 1-3, Key West, FL 33040 since 09 August 2017 and is currently estimated at $2,011,622, approximately $842 per square foot. This property was built in 1933. 728 Elizabeth St Unit 1-3 is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

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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