NOT LISTED FOR SALE

806 Pearl St Key West, FL 33040

The Meadows Neighborhood

Estimated Value: $960,638 - $1,217,000

4 Beds
3 Baths
1,504 Sq Ft
$759/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $880,000 $585 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,603/month

94 Days on Market

About This Home

As of February 2023

Located on a lovely street in the Meadows, this duplex offers two spacious apartments. The first floor has a two bedrooms and two baths plus a den/Florida room that opens to a small fenced outdoor space. Upstairs is a sunny two bedroom, one bath apartment that has French doors that open to a deck. Each unit has a washer/dryer hookup and separate entrances. The excellent Meadows location offers walking and biking access to everywhere in old town Key West as well as boating at Garrison Bight marina. This property is perfect for a primary resident who wants extra rental income or as a rental investment. Some updating would be well spent to increase ones equity. Easy to see.

Last Agent to Sell the Property

Laura McChesney

Preferred Properties (KW) License #494597 Listed on: 10/18/2022

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,208

Year Built

1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 4900.09
  • Year Built: 1933
  • Alternate Key Number: 1024473
  • Lot Sq Ft: 1340.00
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1504.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Refrigerator, Range
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Combo Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00023670-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Feb 23, 2023
Sold by
Dennis Beaver Living Trust
Bought by
806 Pearl Street Llc
Seller's Agent
Laura McChesney
Preferred Properties (KW)
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$885,000
Sold Price
$880,000
Premium/Discount to List
-$5,000
-0.56%
Views
51
Current Estimated Value
$1,142,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,160
Avg. Annual Appreciation
10.77%
Original Mortgage
$876,000
Outstanding Balance
$850,426
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$291,734

Purchase Details

Closed on
Jun 24, 2003
Sold by
Beaver Dennis A
Bought by
Beaver Dennis A and The Dennis Beaver Living Trust

Purchase Details

Closed on
Nov 1, 1984
Bought by
Beaver Dennis Liv Tr 6/6/2003

Purchase Details

Closed on
Feb 1, 1981
Bought by
Beaver Dennis Liv Tr 6/6/2003

Purchase Details

Closed on
Feb 1, 1974
Bought by
Beaver Dennis Liv Tr 6/6/2003
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
806 Pearl Street Llc $880,000 --
Beaver Dennis A -- --
Beaver Dennis Liv Tr 6/6/2003 -- --
Beaver Dennis Liv Tr 6/6/2003 -- --
Beaver Dennis Liv Tr 6/6/2003 $20,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 806 Pearl Street Llc $876,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $880,000 -0.6% $585 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
10/18/2022 10/18/22 For Sale $885,000 -- $588 / 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 $6,208 $821,708 $528,775 $292,933
2023 $6,208 $766,733 $476,406 $290,327
2022 $5,215 $551,536 $284,715 $266,821
2021 $4,900 $461,872 $236,430 $225,442
2020 $4,913 $471,594 $243,090 $228,504
2019 $4,543 $420,456 $216,450 $204,006
2018 $4,619 $436,274 $232,268 $204,006
2017 $4,569 $466,392 $0 $0
2016 $4,370 $410,138 $0 $0
2015 $4,059 $345,531 $0 $0
2014 $3,772 $283,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Laura McChesney

    Preferred Properties (KW)

    (305) 923-6639

    3 in this area

    47 Total Sales

    Laura McChesney
    Section Image
  • Lisa Ferringo

    Buyer's Agent in 2023

    Lisa Ferringo

    Coldwell Banker Schmitt Lower Keys (KW)

    (305) 797-1221

    1 in this area

    620 Total Sales

    Lisa Ferringo
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 602786

Key West Association of REALTORS®

APN: 00023670-000000

Florida Monroe County Key West 33040 The Meadows

806 Pearl St, Key West, FL

This home is located at 806 Pearl St, Key West, FL 33040 since 18 October 2022 and is currently estimated at $1,142,160, approximately $759 per square foot. This property was built in 1933. 806 Pearl 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.

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.

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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