$520,000
SOLD AUG 22, 2023 RENTED JUL 1, 2025
1 Bed
1 Bath
365 Sq Ft
2,875 Sq Ft Lot

Recently Sold

$1,425 Per Sq Ft

2% Below List Price

2 Days on Market

About This Home

As of August 2023

Escape to your ideal Key West retreat! Tucked away on peaceful Terry Lane, this charming second floor condo offers a cozy one bedroom layout. Situated a mere two blocks from the vibrant action of Duval Street and steps away from renowned attractions like The Hemingway Home and Museum, Key West Lighthouse and Blue Heaven. Additionally, you'll be just a short stroll to beautiful Fort Zachary Taylor State Park and Beach.This historic home, turned into four individual condos, provides the idyllic Key West feel you've been looking for. Fully fenced and gated premise with a rare off street parking spot! Numerous updates throughout including a modern kitchen with new stainless steel appliances (stove, refrigerator, dishwasher, microwave and sink) along with stylish quartz countertops. New window blinds and vinyl plank flooring throughout, creating a polished look. For added convenience there's a new washer/dryer in the private outdoor closet.The open kitchen/living area flows into the private bedroom and bathroom, complete with walk-in closet. Relax in the gentle breezes of your upper porch balcony, while enjoying views of the iconic Lighthouse. Common outdoor area is also available for your dining and grilling enjoyment. Small pets are permitted with restrictions.With its low maintenance and turnkey nature, this condo is fully furnished, simply drop your bags and step out to enjoy all Key West has to offer. Ideal as a second home and/or vacation rental investment property. Don't miss your opportunity to own one of the most affordably priced properties in Old Town!

Last Agent to Sell the Property

Julie Keller

Realty ONE Group Destination Brokerage Email: rogdestination@gmail.com License #1052101 Listed on: 07/06/2023

Realty ONE Group Destination

Last Buyer's Agent

Andrea Weitz

Century 21 Schwartz Realty (KW)

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,520

Year Built

1904

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 463.42
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Exterminating, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: 2 pets, Max 35 lbs
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3182.01
  • Vehicle Storage: Off Street Parking
  • Year Built: 1904
  • Alternate Key Number: 9104782
  • Cooling Heating: Central Air
  • Lot Sq Ft: 2928.00
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 365.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: rogdestination@gmail.com
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Quartz Countertops, Built-in Cabinets, Walk-in Closet(s), Storage, Smoke Alarms
  • Floor Number: 2.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Vinyl
  • Windows/Doors: Aluminum Windows, Impact Rstnce Window
  • Total Bedrooms: 1

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00014860-000104
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 22, 2023
Sold by
Vanides Emily and Vanides Paul
Bought by
Wiseman Timothy G
Seller's Agent
Julie Keller
Realty ONE Group Destination
Buyer's Agent
Andrea Weitz
Century 21 Schwartz Realty (KW)
List Price
$529,000
Sold Price
$520,000
Premium/Discount to List
-$9,000
-1.7%
Views
25
Current Estimated Value
$526,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,188
Avg. Annual Appreciation
0.57%
Original Mortgage
$390,000
Outstanding Balance
$382,097
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$144,091
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 Type Sale Price Title Company
Warranty Deed $520,000 First International Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Rented $2,775 0.0% --
06/13/2025 06/13/25 Under Contract -- -- --
05/30/2025 05/30/25 Price Changed $2,775 -14.6% $8 / Sq Ft
05/21/2025 05/21/25 For Rent $3,250 0.0% --
08/22/2023 08/22/23 Sold $520,000 -1.7% $1,425 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $529,000 -- $1,449 / 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 $3,520 $418,291 -- $418,291
2023 $3,520 $366,169 $0 $366,169
2022 $3,182 $331,421 $0 $331,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 605880

Key West Association of REALTORS®

APN: 00014860-000104