NOT LISTED FOR SALE

Estimated Value: $2,427,000 - $2,935,000

3 Beds
2.5 Baths
2,397 Sq Ft
$1,138/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $1,950,000 $814 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $16,273/month

42 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • Impact Glass
  • Boat Slip
  • Stainless Steel Appliances
  • 5-minute walk to Bayview Park

About This Home

As of December 2021

Once in a lifetime opportunity to own one of the only houses in Old Town Key West with a private boat slip on the water! You and your guests will enjoy an Old Florida feel with an open floor plan featuring an enclosed entertaining area complete with an ice maker, wet bar, and wine cooler that overlooks Garrison Bight Marina. Step outside to the large heated pool, or walk inside to large living room and kitchen area with bar seating. Tile floors keep you cool throughout.After a nice day at the sandbar or fishing, it's walking distance to Duval St for a great night out on the town, or many famous restaurants such as Mangia Mangia and Cafe Sole.This one of a kind property cannot be duplicated or replicated, and currently commands between 12.6k and 16.6k a month in a well established vacation rental program with years of history. Low condo fee allows usage for pool in adjacent complex next door and covers shared landscaping. Boat slip will accommodate up to 32' boat with 26'' draft (buyer to verify). EASY AND A PLEASURE TO SHOW BUT DO NOT DELAY AS THIS DIAMOND IN THE ROUGH WILL NOT LAST. CALL MIKE TODAY.

Last Agent to Sell the Property

Mike Kane

Internet Realty of the Florida Keys License #3422118 Listed on: 10/20/2021

Last Buyer's Agent

Danny Sanchez

Century 21 All Keys Inc (KW) License #661934

Century 21 All Keys Inc (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,052

Year Built

  • Built in 1963

Lot Details

  • 5,160 Sq Ft Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Privacy Fence
  • Property is zoned CG - General Commercial

Property Views

  • Gulf
  • Harbor

Interior Spaces

  • 2,397 Sq Ft Home
  • Bar
  • Impact Glass
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Heated In Ground Pool
  • Boat Slip

Additional Features

  • Ground Level
  • Public Hookup Available For Sewer

Community Details

  • Property has a Home Owners Association
  • Association fees include common area mnt
  • Benj Alburys Subd Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00023200-000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,052

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Fee: 300.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Document Count: 2
  • Fee Includes: Common Area Mnt
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 14052.07
  • Year Built: 1963
  • Alternate Key Number: 1023990
  • Building Style: Ground Level
  • Lot Sq Ft: 5160.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2397.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Refrigerator, Stainless Steel Appliance(s)
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 3
  • Sq Ft Remarks: Buyer to verify

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Bay Front, Oceanfront, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence
  • Waterview: Bay/Gulf View, Harbor/Marina View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00023200-000200
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2023
Sold by
Broadbent William C and Broadbent Allison
Bought by
827 Kw Llc
Current Estimated Value
$2,727,924

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 28, 2021
Sold by
2 Dew Ltd Llc
Bought by
Broadbent William C and Broadbent Allison
Seller's Agent
Mike Kane
Internet Realty of the Florida Keys
Buyer's Agent
Danny Sanchez
Century 21 All Keys Inc (KW)
List Price
$2,295,000
Sold Price
$1,950,000
Premium/Discount to List
-$345,000
-15.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$1,000,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2015
Sold by
Wright Donald E and Wright Dianne E
Bought by
2Dewltd Llc

Purchase Details

Listed on
Jan 20, 2014
Closed on
Dec 8, 2014
Sold by
Ratini Thomas and Dresie David
Bought by
Wright Donald E and Wright Dianne E
Seller's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
Buyer's Agent
Dean Townsend
Waterfront Resort Realty (KW)
List Price
$1,395,000
Sold Price
$1,300,000
Premium/Discount to List
-$95,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$650,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2009
Sold by
Ratini Thomas and Dresie David
Bought by
Ratini Thomas and Dresie David

Purchase Details

Closed on
Feb 24, 2009
Bought by
2Dewltd Llc

Purchase Details

Closed on
Apr 19, 2007
Sold by
Mulford Mary Collins and Collins John R
Bought by
Ratini Thomas

Purchase Details

Closed on
Oct 29, 2001
Sold by
Collins John P/Ann L Trust C
Bought by
Ratini Thomas

Purchase Details

Closed on
Apr 1, 2001
Bought by
2Dewltd Llc

Purchase Details

Closed on
Jan 20, 2000
Bought by
2Dewltd Llc
Source: Public Records

Range of Values:

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Average Value
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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
827 Kw Llc -- None Listed On Document
Broadbent William C $1,950,000 Sanchez & Ashby Pa
2Dewltd Llc $650,000 Chicago Title Insurance Co
Wright Donald E $1,300,000 None Available
Ratini Thomas -- None Available
2Dewltd Llc $100 --
Ratini Thomas -- Attorney
Ratini Thomas $289,800 --
2Dewltd Llc $289,800 --
2Dewltd Llc $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Broadbent William C $1,000,000
Previous Owner Wright Donald E $650,000
Previous Owner Shield Linda M $0
Previous Owner Dresie David $650,500
Previous Owner Dresie David $150,000
Previous Owner Dresie David $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $1,950,000 0.0% $814 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/22/2021 11/22/21 Price Changed $1,950,000 -15.0% $814 / Sq Ft
10/20/2021 10/20/21 For Sale $2,295,000 +76.5% $957 / Sq Ft
12/08/2014 12/08/14 Sold $1,300,000 -6.8% $542 / Sq Ft
11/06/2014 11/06/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $1,395,000 -- $582 / 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 $17,260 $2,438,150 $1,835,928 $602,222
2023 $17,260 $2,231,748 $1,654,296 $577,452
2022 $14,434 $1,694,813 $1,207,440 $487,373
2021 $14,011 $1,551,119 $1,137,264 $413,855
2020 $14,052 $1,560,593 $1,137,264 $423,329
2019 $13,667 $1,503,010 $1,137,264 $365,746
2018 $13,160 $1,415,010 $1,114,560 $300,450
2017 $13,463 $1,423,011 $0 $0
2016 $14,386 $1,438,566 $0 $0
2015 $11,878 $1,148,884 $0 $0
2014 $11,881 $1,102,807 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598210

Florida Keys Board of REALTORS®

APN: 00023200-000200