1075 Duval Street R15, Key West, FL 33040
$2,600,000
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
2,450
Status:
Closed
Current Price:
$2,600,000
List Date:
5/13/2024
Last Modified:
8/23/2024
Description
TRANSIENTLY Licensed, nightly rentals allowed!
Stunning Income producing Penthouse in the heart of Old Town is now available to be yours! Conveniently located in sought after Duval Square just steps from Key West's best shops, restaurants and World Famous Duval Street.
Upon entering the rooftop neighborhood from the elevator you are welcomed with beautifully manicured pathways which lead you to the developers condo, this is the ONLY 4 BR Penthouse in Duval Square. As you enter the home you will be greeted with soaring ceilings and over 2400 Square feet of living space. This Duval Square condo was renovated in 2017 and provides all the modern amenities.
On the first floor you will find living room, parlor, kitchen and the first floor bedroom with en suite bath. A half bath is conveinantly located off kitchen for guest use.
The living room and parlor open up to your private balcony with lounge area to enjoy a cocktail or watch your favorite sporting event. Take the interior or exterior staircase to the second floor where you will find three comfortable bedrooms with en suite baths. The primary suite is light filled, spacious and includes a private balcony with clawfoot soaking tub.
Amenities include a beautiful pool, cabana and seating area overlooking Duval Street. The perfect space to enjoy the Key West Sunshine while having a birds eye view of the action on Duval Street. A new AC system was just installed in 2024.
Two covered parking spaces will convey with the sale. The home comes fully furnished with advance bookings already in place. Gross rental income for 2022 is 280K, 264K in 2023 and 170K ++ already on the books for 2024. This is your chance to own a beautifully appointed condo with transient license. You have a winner!
More Information MLS# 609952
Contract Information
Listing Board: Key West Association
Current Price: $2,600,000
Listing Date: 2024-05-13
Sold Price: $2,600,000
Location, Tax & Legal
KW Neighborhood: Old Town-S of Truman
Unit #: R15
City: KEY WEST
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: X,0.2 PCT ANNUAL CHA
Alternate Key #: 8755325
Parcel #: 00027090-000142
Zoning: HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Deed Restrictions: Unknown
Legal: UNITS R-15 AND R-16 DUVAL SQUARE PHASE THREE, A CONDOMINIUM OR1111-463 OR1153-1973 OR1239-36C OR1383-1667/68R/S OR1480-9
Taxes: 17217.34
Tax Year: 2023
Pub Sewer HkUp: Yes
Street #: 1075
Street Name: Duval
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Duval Sq PH 1 & 2 (1.0)
Area: 02 - Key West
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Waterfront: No
Control Depth: 0
Lot SqFt: 0
Pool: Yes
Total Units: 0
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 1
Style: Condo
Year Built: 1987
Living Apx SqFt: 2450
Total Bedrooms: 4
Full Baths: 4
Half Baths: 1
Total Baths: 5
Remarks & Misc
Remarks – Consumer: TRANSIENTLY Licensed, nightly rentals allowed!
Stunning Income producing Penthouse in the heart of Old Town is now available to be yours! Conveniently located in sought after Duval Square just steps from Key West's best shops, restaurants and World Famous Duval Street.
Upon entering the rooftop neighborhood from the elevator you are welcomed with beautifully manicured pathways which lead you to the developers condo, this is the ONLY 4 BR Penthouse in Duval Square. As you enter the home you will be greeted with soaring ceilings and over 2400 Square feet of living space. This Duval Square condo was renovated in 2017 and provides all the modern amenities.
On the first floor you will find living room, parlor, kitchen and the first floor bedroom with en suite bath. A half bath is conveinantly located off kitchen for guest use.
The living room and parlor open up to your private balcony with lounge area to enjoy a cocktail or watch your favorite sporting event. Take the interior or exterior staircase to the second floor where you will find three comfortable bedrooms with en suite baths. The primary suite is light filled, spacious and includes a private balcony with clawfoot soaking tub.
Amenities include a beautiful pool, cabana and seating area overlooking Duval Street. The perfect space to enjoy the Key West Sunshine while having a birds eye view of the action on Duval Street. A new AC system was just installed in 2024.
Two covered parking spaces will convey with the sale. The home comes fully furnished with advance bookings already in place. Gross rental income for 2022 is 280K, 264K in 2023 and 170K ++ already on the books for 2024. This is your chance to own a beautifully appointed condo with transient license. You have a winner!
Status Change Info
Sold Comments: Thank you everyone!
Sold Date: 2024-07-05
Sold Price: $2,600,000
Status: Closed
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: Yes
Condo Doc's: Yes
Association Fee $: 3179
License Info
# of City License: 1
# of County License: 1
Transient Rntl Licns: Yes
Fee Includes
Bldg Exterior Mnt: 1
Building Insurance: 1
Cable: 1
Common Area Mnt: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Cooling
Central Air: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Combo: 1
Laminate: 1
Tile: 1
Neighborhood Feature
Community Pool: 1
Interior Features
Drapes/Blinds Incl: 1
Elevator: 1
Pantry: 1
Quartz Countertops: 1
Sky Light(s): 1
Smoke Alarms: 1
Storage: 1
Walk-in Closet(s): 1
Window Treatments: 1
Property Condition
Updated/Remodeled: 1
Building Style
Above Flood: Yes
Windows/Doors
Aluminum Windows: 1
Impact Rstnce Window: 1
Sliding Glass Doors: 1
Vehicle Storage
Car(s): 2
Garage: 1
Construction
Frame: 1
Land Size
1/2 - Less Than 1 AC: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
Utilities
Buyer to Verify: 1
FKAA: 1
Porch/Balcony
Deck: 1
Open Porch/Balcony: 1
Title
Negotiable: 1
Exterior Features
Storage: 1
Pool Info
In Ground: 1
Heated: Yes
Concrete: 1
Pre-Wired
Cable: 1
Roof
Metal Roof: 1
Accessibility Feat
Parking: 1
Property Features
Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: Updated/Remodeled
Vehicle Storage: Garage
Furnished: Furnished
Cooling: Central Air
Utilities: Buyer to Verify; FKAA
Interior Features: Drapes/Blinds Incl; Elevator; Pantry; Quartz Countertops; Sky Light(s); Smoke Alarms; Storage; Walk-in Closet(s); Window Treatments
Pre-Wired: Cable
Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Storage
Accessibility Feat: Parking
Pool Info: In Ground; Concrete
Construction: Frame
Floor: Combo; Laminate; Tile
Roof: Metal Roof
Neighborhood Feature: Community Pool
Land Size: 1/2 - Less Than 1 AC
Terms: Cash; Conventional
Title: Negotiable
Listing Office:
Island Home Realty Inc.
Last Updated: August - 23 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
