NOT LISTED FOR SALE

82 Palm Dr Key West, FL 33040

Estimated Value: $948,000 - $1,797,000

2 Beds
2 Baths
1,528 Sq Ft
$880/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $1,125,000 $736 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,939/month

260 Days on Market

About This Home

As of January 2024

Catch your own sunsets here. Vacant lot in area just sold for 1.1. This is a stunning open water view on large lot. These are not easy to find at this price. Update the current house or build your own dream. 2 bds, 2 bath with office and loft. Wheelchair accessible with ramp and a nice large bath. Over 200' of seawalls with cut in boat ramp and step down into water. Over 86' of this on a protected canal. All you need is your view of paradise and an imagination!

Last Agent to Sell the Property

Marie Howe

Century 21 Circle - Key West License #699765 Listed on: 04/17/2023

Century 21 Circle - Key West

Last Buyer's Agent

Lisa Carter

Florida Keys Realty, Inc. License #BK3018706

Home Details

Home Type

Single Family

Year Built

1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Handicap Access: Yes
  • Key Island: Saddlebunch
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 15.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5072.87
  • Vehicle Storage: Carport
  • Year Built: 1988
  • Alternate Key Number: 1207616
  • Building Style: A-Frame
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s)
  • Lot Sq Ft: 13070.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion, Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1528.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Refrigerator, Oven, Range
  • Floor: Tile
  • Total Bedrooms: 2
  • Accessibility Features: Grab Bars, Wheelchair Ramp

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Bay Front, Open Water, Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer
  • Heating: Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE
  • Parcel Number: 00162070-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.30

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Jan 19, 2024
Sold by
Vallet Louis M
Bought by
Louis Vallet Irrevocable Administrative Trust and Wright
Seller's Agent
Marie Howe
Century 21 Circle - Key West
Buyer's Agent
Lisa Carter
Florida Keys Realty, Inc.
List Price
$1,290,000
Sold Price
$1,125,000
Premium/Discount to List
-$165,000
-12.79%
Views
224
Current Estimated Value
$1,344,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,433
Avg. Annual Appreciation
9.52%

Purchase Details

Closed on
Aug 1, 1980
Bought by
Vallet Louis M and Vallet Imogene M
Source: Public Records
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

Purchase History

Date Buyer Sale Price Title Company
Louis Vallet Irrevocable Administrative Trust -- None Listed On Document
Kathryn Annarino Declaration Of Trust $1,125,000 None Listed On Document
Vallet Louis M $55,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2024 01/19/24 Sold $1,125,000 -12.8% $736 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/21/2023 12/21/23 For Sale $1,290,000 0.0% $844 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
05/08/2023 05/08/23 Price Changed $1,290,000 -7.2% $844 / Sq Ft
04/17/2023 04/17/23 For Sale $1,390,000 -- $910 / 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
2025 $10,903 $1,329,010 $899,917 $429,093
2024 $10,026 $1,302,112 $908,359 $393,753
2023 $10,026 $1,082,664 $739,697 $342,967
2022 $5,073 $538,398 $0 $0
2021 $5,011 $522,717 $0 $0
2020 $5,190 $515,500 $0 $0
2019 $5,098 $503,911 $0 $0
2018 $5,127 $494,516 $0 $0
2017 $4,989 $484,345 $0 $0
2016 $4,816 $474,383 $0 $0
2015 -- $471,085 $0 $0
2014 -- $467,346 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 605001

Key West Association of REALTORS®

APN: 00162070-000000