NOT LISTED FOR SALE

951 Caroline St Unit 206-1 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $22,690,491

-- Bed
2 Baths
112 Sq Ft
$202,594/Sq Ft Est. Value

About This Home

This home is located at 951 Caroline St Unit 206-1, Key West, FL 33040 and is currently estimated at $22,690,491, approximately $202,593 per square foot. 951 Caroline St Unit 206-1 is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and Somerset Island Prep.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2025
Sold by
Conch Harbor Retail Center Llc
Bought by
Conch Harbor Propco Series and Argo Smi Conch Harbor Llc
Current Estimated Value
$22,690,491

Purchase Details

Closed on
Mar 18, 2013
Sold by
Alea David J and Alea Elaine R
Bought by
Alea David Jose and David Jose Alea Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2010
Sold by
Key West Bight Associates Llc
Bought by
Conch Harbor Retail Center Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,300,000
Interest Rate
4.94%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2007
Sold by
Conch Harbor Marina Associates Ltd
Bought by
Key West Bight Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,700,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 1999
Sold by
Key West Conch Harbor Inc
Bought by
Conch Harbor Marina Associates Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,600,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1993
Bought by
Conch Harbor Retail Center Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Conch Harbor Propco Series $22,600,000 None Listed On Document
Alea David Jose -- Attorney
Conch Harbor Retail Center Llc $7,700,000 Attorney
Key West Bight Associates Llc $14,900,000 Attorney
Conch Harbor Marina Associates Ltd $7,000,000 --
Conch Harbor Retail Center Llc $1,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conch Harbor Retail Center Llc $2,700,000
Previous Owner Conch Harbor Retail Center Llc $8,300,000
Previous Owner Key West Bight Associates Llc $12,700,000
Previous Owner Conch Slip Llc $100,000
Previous Owner Mckenzie John $360,000
Previous Owner Conch Harbor Marina Associates Ltd $10,000
Previous Owner Conch Harbor Marina Associates Ltd $5,600,000
Source: Public Records

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 $151,303 $17,860,010 $12,249,130 $5,610,880
2023 $151,303 $17,968,838 $12,249,130 $5,719,708
2022 $139,740 $17,528,687 $17,528,687 $0
2021 $140,305 $17,528,687 $17,528,687 $0
2020 $133,246 $17,528,687 $17,528,687 $0
2019 $127,673 $17,528,687 $17,528,687 $0
2018 $123,877 $17,528,687 $17,528,687 $0
2017 $119,950 $17,528,687 $0 $0
2016 $120,598 $17,528,687 $0 $0
2015 $118,145 $17,528,687 $0 $0
2014 $80,114 $7,300,000 $0 $0
Source: Public Records

Map

Florida Monroe County Key West 33040 Old Town

951 Caroline St Unit 206-1, Key West, FL

This home is located at 951 Caroline St Unit 206-1, Key West, FL 33040 and is currently estimated at $22,690,491, approximately $202,593 per square foot. 951 Caroline St Unit 206-1 is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and Somerset Island Prep.

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.

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