425 Caroline Street, Key West, FL 33040 (MLS# 596632)

425 Caroline Street, Key West, FL 33040

$6,500,000

Property Type: Residential Bedrooms: 7 Baths: 9 Square Footage: 6,888 Lot Size (sq. ft.): 14,702 Status: Closed

Current Price: $6,500,000 List Date: 6/24/2021 Last Modified: 8/26/2024

Overview

Description

An extraordinarily handsome Old Town estate that offers unparalleled craftsmanship, beautiful architecture, the finest amenities and a very rich history. Additionally, the present owner was able to get the guest house transiently licensed for income potential should a new owner desire. Immaculately manicured, expertly upgraded and in impeccable condition, the home and guest quarters total 7BR/7.2BA including a 2BR/2BA guest house and all resting on a huge 14,701 sf lot, just steps from world-famous Duval St. Expansive porches, 13' ceilings, enormous rooms, fireplaces & gorgeous hardwood floors throughout add to the historic elegance. Designed with indoor/outdoor entertaining in mind, enjoy a covered outdoor bar and a huge relaxing pavilion next to the pool...

Supplements: ...Large eat-in gourmet kitchen with Carrara marble counters, formal dining room, multiple generators & 1,500 bottle wine room. The former carriage house has been repurposed into a home gym, with tons of exterior accessed storage for all the tools and toys you could ever need. Fully fenced for privacy with lush tropical landscaping separating the o ... (Read more)

Listing Details MLS# 596632

Location, Tax & Legal

Street #: 425
Street Name: Caroline
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unlisted (1.0)
Area: 02 - Key West
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Off Shore Island: No
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: AE
Alternate Key #: 1004626
Parcel #: 00004440-000000
Zoning: HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Deed Restrictions: Unknown
Legal: KW PT LT 2 SQR 25 QQ-356 E1-172 OR657-35/36 OR652-743/44 OR797-335 OR844-1078 OR851-431 OR1500-1320/23ORD OR1500-1380/81
Taxes: 34616.54
Tax Year: 2020
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Key West Association
Bank Owned: No

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: Yes
Year Built: 1904
Total Units: 2
Lot SqFt: 14702
Acres: 0.34
Living Apx SqFt: 6888
SqFt Source: Seller
Total Bedrooms: 7
Full Baths: 7
Half Baths: 2
Total Baths: 9
Rentals Allowed: Yes
Control Depth: 0

Status Change Info

Sold Date: 2021-07-22
Sold Comments: Actual Price $7,000,000. $500k for furniture

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0

License Info

Transient Rntl Licns: Yes

More Information

Building Style

Above Flood: Unknown
Stories: 3 Stories
Conch: Yes

Vehicle Storage

Car(s): 4+
Open Parking: Yes
Off Street Parking: Yes

Specialty Rooms

Guest/Servant Qtrs: Legal
Gym: Yes
Laundry Room: Yes
Sauna/Steam Room: Yes
Utility Room: Yes
Workshop: Yes

Pool Info

Heated: Yes
In Ground: Yes
Concrete: Yes

Financial Status

Bank Owned: No

Remarks & Misc

Remarks – Consumer: An extraordinarily handsome Old Town estate that offers unparalleled craftsmanship, beautiful architecture, the finest amenities and a very rich history. Additionally, the present owner was able to get the guest house transiently licensed for income potential should a new owner desire. Immaculately manicured, expertly upgraded and in impeccable condition, the home and guest quarters total 7BR/7.2BA including a 2BR/2BA guest house and all resting on a huge 14,701 sf lot, just steps from world-famous Duval St. Expansive porches, 13' ceilings, enormous rooms, fireplaces & gorgeous hardwood floors throughout add to the historic elegance. Designed with indoor/outdoor entertaining in mind, enjoy a covered outdoor bar and a huge relaxing pavilion next to the pool...
Directions: Caroline Street between Duval Street & Whitehead Street

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

Homestead: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Ice Machine: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes
Wine Cooler: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes
Ductless: Yes
Heat: Yes
Heat Pump: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Floor

Marble: Yes
Tile: Yes
Wood: Yes

Interior Features

Bar: Yes
Built-in Cabinets: Yes
Dade County Pine: Yes
Entrance Foyer: Yes
Fireplace(s): Yes
Pantry: Yes
Security System: Yes
Storage: Yes
Walk-in Closet(s): Yes
Wet Bar: Yes

Property Condition

Updated/Remodeled: Yes

Windows/Doors

Double Hung Windows: Yes
French Doors: Yes
Impact Rstnce Doors: Yes
Impact Rstnce Window: Yes
Single Hung Windows: Yes
Wood Windows: Yes

Security

Electric Gate: Yes

Construction

Combo Construction: Yes
Frame: Yes

Land Size

1/4 - 1/2 Acre: Yes

Furnished

Negotiable: Yes

Terms

Cash: Yes
Conventional: Yes

Utilities

Buyer to Verify: Yes
FKAA: Yes
Municipal Sewer: Yes
Propane: Yes
Well: Yes

Porch/Balcony

Open Porch/Balcony: Yes
Patio: Yes

Exterior Features

Detached Guest Qtrs: Yes
Fencing: Yes
Gazebo: Yes
Hot Tub: Yes
Lanai: Yes
Lighting: Yes
Privacy Wall/Fence: Yes
Storage: Yes

Roof

Metal Roof: Yes

Shutters

Bahama: Yes
Panel: Yes
Other: Yes

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Conch Vehicle Storage: Off Street Parking; Open Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air; Ductless; Heat; Heat Pump Utilities: Buyer to Verify; FKAA; Municipal Sewer; Propane; Well Interior Features: Bar; Built-in Cabinets; Dade County Pine; Entrance Foyer; Fireplace(s); Pantry; Security System; Storage; Walk-in Closet(s); Wet Bar Specialty Rooms: Gym; Laundry Room; Sauna/Steam Room; Utility Room; Workshop Appliances: Dishwasher; Disposal; Dryer; Freezer; Ice Machine; Microwave; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Detached Guest Qtrs; Fencing; Gazebo; Hot Tub; Lanai; Lighting; Privacy Wall/Fence; Storage Pool Info: In Ground; Concrete Construction: Combo Construction; Frame Shutters: Bahama; Panel; Other Floor: Marble; Tile; Wood Roof: Metal Roof Pets: Pets Allowed Security: Electric Gate Land Size: 1/4 - 1/2 Acre Terms: Cash; Conventional

Listing Office: Truman & Co. (KW)

Last Updated: August - 26 - 2024

Broker Attribution: 305-395-2360

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