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Sold for $2,600,000 on 07/05/24
  • $2,600,000

    1075 Duval St APT R15, Key West, FL 33040

    4beds
    2,450sqft
    Condominium, Residential - Condo/Townhouse
    Built in 1987
    -- sqft lot
    $2,671,500 Zestimate®
    $1,061/sqft
    $8,188 Estimated rent

    Home value

    $2,671,500

    $2.38M - $3.02M

    $8,188/mo

    Zestimate® history
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    $15,692/mo

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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: August 22, 2024 at 03:25pm

    Listed by:

    Paige Bethel 305-395-0550,

    Island Home Realty Inc.

    Bought with:

    Angelina Will, 3485231

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Source: FLKMLS,MLS#: 609952MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
    Features
    • Quartz Countertops, Walk-In Closet(s), Storage, Elevator, Pantry
    • Flooring: Tile, Laminate, Combination
    • Doors: Sliding Glass Doors
    • Windows: Drapes/Blinds Incl, Window Treatments, Skylight(s), Impact Rstnce Window, Aluminum Frames
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,450 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Has garage: Yes
    Accessibility
    • Accessibility features: Parking
    Features
    • Patio & porch: Open Porch/Balcony, Deck
    • Exterior features: Storage
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Concrete
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Features: 1/2 - Less Than 1 AC
    Details
    • Parcel number: 00027090000142
    • Zoning: HRCC
    • Zoning description: (1 4) - Hist Res Comm Core 1-4 SF Specl

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Residential - Condo/Townhouse
    Materials
    • Frame
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: FKAA, Buyer to Verify, Cable Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Pool
    Location
    • Region: Key West
    • Subdivision: Duval Sq PH 1 & 2 (1.0)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $3,179 monthly
    • Services included: Cable TV, Maintenance Grounds, Building Insurance, Maintenance Structure

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/5/2024Sold$2,600,000-3.7%$1,061/sqft
    Source: FLKMLS #609952
    6/18/2024Pending sale$2,699,000$1,102/sqft
    Source: FLKMLS #609952
    6/8/2024Contingent$2,699,000$1,102/sqft
    Source: Key West AOR #609952
    5/13/2024Listed for sale$2,699,000-1.9%$1,102/sqft
    Source: Key West AOR #609952
    4/1/2024Listing removed--
    Source: Key West AOR #607167

    Public tax history

    YearProperty taxesTax assessment
    2025$18,217 +2.3%$2,146,227 +2%
    2024$17,803 +3.4%$2,103,821 +5%
    2023$17,217 +7.1%$2,003,236 +5.8%

    Find assessor info on the county website

    Neighborhood: Upper Duvall

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $2,671,500
    2% more+ $53,430
    With Zillow Showcase(estimated)
    $2,724,930