$490,000
SOLD APR 30, 2025
-- Bed
1 Bath
384 Sq Ft
871 Sq Ft Lot

Recently Sold

$1,276 Per Sq Ft

7% Below List Price

53 Days on Market

About This Home

As of April 2025

Beaches, restaurants, sunsets and more.This studio town home is centrally located in the coveted Casa Marina district only 4 blocks away from Higgs Beach for some of the best swimming and sunsets on the island. The perfect beach cottage only a few blocks from Louie's backyard as well as the Casa Marina's new restaurant and bar on the water.Even Salute! on the beach is just a few blocks away for some of the best waterfront dining on the island. The outdoor space is ample as well as private and tropical. This is literally one of the best locations on the island surrounded by multi million dollar homes and its a ten out of ten for walking points.Call today for a private showing!

Last Agent to Sell the Property

Scott Forman

Royal Palms Realty (KW) License #3045796 Listed on: 03/05/2025

Last Buyer's Agent

Scott Forman

Royal Palms Realty (KW) License #3045796 Listed on: 03/05/2025

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,816

Year Built

1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 130.00
  • Mandatory HOA: Yes
  • Fee Includes: Water, Other
  • Key Island: Key West
  • K W Neighborhood: Casa Marina
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Beach
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3953.70
  • Title: Negotiable
  • Vehicle Storage: Open Parking
  • Year Built: 1958
  • Alternate Key Number: 9103801
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 884.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 384.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Shed, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00037500-000200
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2025
Closed on
Apr 30, 2025
Sold by
Colvin Karen R
Bought by
Tompkins Robert Lynn and Tompkins Ignacia
Seller's Agent
Scott Forman
Royal Palms Realty (KW)
Buyer's Agent
Scott Forman
Royal Palms Realty (KW)
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.65%
Original Mortgage
$275,000
Outstanding Balance
$274,759
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$289,509

Purchase Details

Closed on
Jan 29, 2025
Sold by
Colvin Karen R
Bought by
Colvin Karen R and Karen R Colnin Living Trust

Purchase Details

Listed on
Jan 6, 2023
Closed on
Feb 21, 2023
Sold by
Mcnamara Amanda
Bought by
Colvin Karen R
Seller's Agent
Elizabeth Chamberlain
Truman & Co. (KW)
Buyer's Agent
Caroline Bauer
Ocean Sotheby's International Realty
List Price
$525,000
Sold Price
$525,000
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.99%
Original Mortgage
$446,250
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2018
Closed on
Nov 30, 2018
Sold by
Cleghorn Homes Llc
Bought by
Mcnamara Amanda
Seller's Agent
Gary Smith
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Elizabeth Chamberlain
Preferred Properties (KW)
List Price
$369,000
Sold Price
$325,000
Premium/Discount to List
-$44,000
-11.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.98%
Original Mortgage
$292,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2018
Closed on
Nov 28, 2018
Sold by
Cleghorn Homes Llc
Bought by
Mcnamara Amanda
Seller's Agent
Gary Smith
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Elizabeth Chamberlain
Preferred Properties (KW)
List Price
$369,000
Sold Price
$325,000
Premium/Discount to List
-$44,000
-11.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.8%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $490,000 None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed $525,000 --
Warranty Deed $325,000 None Listed On Document
Warranty Deed $325,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,000 New Conventional
Previous Owner $446,250 New Conventional
Previous Owner $292,500 New Conventional
Previous Owner $292,500 New Conventional
Previous Owner $250,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $490,000 -5.8% $1,276 / Sq Ft
04/27/2025 04/27/25 Pending -- -- --
03/07/2025 03/07/25 Price Changed $520,000 -1.0% $1,354 / Sq Ft
03/05/2025 03/05/25 For Sale $525,000 0.0% $1,367 / Sq Ft
02/21/2023 02/21/23 Sold $525,000 0.0% $1,367 / Sq Ft
01/06/2023 01/06/23 For Sale $525,000 +61.5% $1,367 / Sq Ft
11/28/2018 11/28/18 Sold $325,000 -11.9% $846 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
07/22/2018 07/22/18 For Sale $369,000 -- $961 / 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 $3,816 $463,270 $355,810 $107,460
2023 $3,816 $494,208 $371,280 $122,928
2022 $3,332 $404,138 $280,007 $124,131
2021 $2,967 $290,012 $184,093 $105,919
2020 $2,843 $277,202 $170,170 $107,032
2019 $2,836 $274,259 $184,093 $90,166
2018 $2,493 $231,109 $176,119 $54,990
2017 $2,375 $214,232 $0 $0
2016 $2,651 $230,872 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 614038

Key West Association of REALTORS®

APN: 00037500-000200