NOT LISTED FOR SALE

828 South St Key West, FL 33040

Casa Marina Neighborhood

Estimated Value: $1,071,000 - $1,522,000

4 Beds
2 Baths
1,820 Sq Ft
$683/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $1,012,500 $556 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,359/month

121 Days on Market

About This Home

As of July 2024

Amazing Casa Marina location!Legal Duplex with 4 bedrooms, 2 baths!Generous lot size!Large footprint: just over 2000 sq. ft. including porches!Room for a pool!4 off street parking spaces!Wonderful project opportunity!Local Workforce housing for the past 60 years ...Fully tenant occupied for years and years now month to month. With current tenants, could generate income in present condition while waiting to start renovation project (spalling is significant). Insurance policies in place for flood, wind and homeowners. Drive by is okay, but do not walk the property and do not disturb the tenants. Call to arrange for showings; plenty of advance notice please.

Last Agent to Sell the Property

Dawn Thornburgh

Beach Club Brokers (KW) License #411773 Listed on: 02/04/2024

Last Buyer's Agent

Dawn Thornburgh

Beach Club Brokers (KW) License #411773 Listed on: 02/04/2024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,251

Year Built

1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 3
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Casa Marina
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 9251.16
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1963
  • Alternate Key Number: 1038504
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 5980.00
  • License Info Number Of City License: 2
  • License Info Number Of County License: 2
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1820.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Floor: Tile, Terrazzo
  • Windows/Doors: Aluminum Windows
  • Appliances Other: some incl.but As Is
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Concrete
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00037750-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2024
Closed on
Jul 15, 2024
Sold by
Edwards Ray Franklin
Bought by
Postolachi Nicolae and Postolachi Ludmila
Seller's Agent
Dawn Thornburgh
Beach Club Brokers (KW)
Buyer's Agent
Dawn Thornburgh
Beach Club Brokers (KW)
List Price
$1,250,000
Sold Price
$1,012,500
Premium/Discount to List
-$237,500
-19%
Views
36
Current Estimated Value
$1,242,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,167
Avg. Annual Appreciation
16.87%
Original Mortgage
$447,000
Outstanding Balance
$442,451
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$780,216

Purchase Details

Closed on
Mar 21, 2024
Sold by
Edwards Roy Willis
Bought by
Edwards Ray Franklin

Purchase Details

Closed on
Feb 10, 2005
Sold by
Edwards Ray Franklin and Edwards Roy Willis
Bought by
Edwards Ray Franklin and Edwards Roy Willis
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
Postolachi Nicolae $1,012,500 None Listed On Document
Edwards Ray Franklin -- None Listed On Document
Edwards Ray Franklin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Postolachi Nicolae $447,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $1,012,500 -12.0% $556 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
04/29/2024 04/29/24 Price Changed $1,150,000 -8.0% $632 / Sq Ft
02/08/2024 02/08/24 For Sale $1,250,000 +23.5% $687 / Sq Ft
02/06/2024 02/06/24 Off Market $1,012,500 -- --
02/04/2024 02/04/24 For Sale $1,250,000 -- $687 / 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 $9,251 $1,522,121 $1,279,122 $242,999
2023 $9,251 $1,169,451 $932,925 $236,526
2022 $8,069 $957,375 $717,421 $239,954
2021 $7,416 $755,105 $553,359 $201,746
2020 $6,932 $728,282 $538,065 $190,217
2019 $6,704 $746,357 $556,140 $190,217
2018 $6,648 $792,340 $599,241 $193,099
2017 $6,354 $766,025 $0 $0
2016 $6,445 $787,803 $0 $0
2015 $5,826 $642,794 $0 $0
2014 $5,092 $459,623 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dawn Thornburgh

    Seller's Agent in 2024

    Dawn Thornburgh

    Beach Club Brokers (KW)

    (305) 304-1067

    4 in this area

    34 Total Sales

    Dawn Thornburgh
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Map

Source: Key West Association of REALTORS®

MLS Number: 608512

Key West Association of REALTORS®

APN: 00037750-000000

Florida Monroe County Key West 33040 Casa Marina

828 South St, Key West, FL

This home is located at 828 South St, Key West, FL 33040 since 04 February 2024 and is currently estimated at $1,242,667, approximately $682 per square foot. This property was built in 1963. 828 South 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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