1015 Elgin Lane, Key West, FL 33040

$1,725,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,940 Lot Size (sq. ft.): 4,063 Status: Closed
Current Price: $1,725,000 List Date: 7/16/2020 Last Modified: 8/27/2024

Description

ESCAPE HIGH state TAXES and cold weather! Newly renovated, 19th century historic home has never looked so exquisite. This beautiful, three bedroom, two and a half bath turn key home in the heart of historic Old Town boasts quintessential Key West charm from the moment you walk through the white picket fence. Original wood floors coupled with Dade County pine walls pair beautifully with the recently completed meticulous renovations. Take in views of the lush garden and private pool right from the updated kitchen complete with high-end stainless steel appliances, shaker cabinets, an oversized deep sink and quartz countertops. Enjoy the calming ambiance emphasized by high ceilings and the large open living area.

Supplements: An en-suite master on the main level and two guest rooms with a full bath on the upper level make hosting guests a breeze. Step out the high impact French doors to the low maintenance pool deck and spend evenings relaxing by the pool or entertaining on one of the two lower brick patios. The professionally landscaped backyard and outdoor lighting along with the sound of the pool's waterfall makes this backyard a true escape. A brick driveway offers highly coveted parking that can accommodate multiple vehicles. This home truly has it all! The location is within walking and biking distance to all the excitement of Old Town as well as the historic seaport. This home is simply impeccable and an excellent vacation rental investment. With more and more professionals working remotely, monthly vacation rentals are more attractive than ever. This property has an estimated annual rental income of up to $75,000. Whether you plan to make this tranquil oasis your home or keep it as a vacation rental, it is sure to check all the boxes!

More Information MLS# 591693

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Current Price: $1,725,000 Listing Date: 2020-07-15 Sold Price: $1,725,000

Location, Tax & Legal

KW Neighborhood: Old Town-N of Truman City: KEY WEST Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Flood Zone: AE Alternate Key #: 1005461 Parcel #: 00005280-000000 Zoning: HMDR - Historic Medium Density Residential Deed Restrictions: No Legal: KW PT LOT 3 SQR 32 H3-385 OR490-855/56 OR774-1700/01 CO JUDGES DOCKET 78-264 OR776-864/67 OR774-2002/06 OR775-1/5 OR1580 Taxes: 7625.12 Tax Year: 2019 Pub Sewer HkUp: Yes Street #: 1015 Street Name: Elgin Street Suffix: Lane Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Old Town - Unrecord (1.0) Area: 01 - Key West

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: No Control Depth: 0 Lot SqFt: 4063 Pool: Yes Total Units: 0 Acres: 0.09 SqFt Source: Appraisal Rentals Allowed: Yes Min Rental Days: 28 Style: Single Family Year Built: 1893 Living Apx SqFt: 1940 Total Bedrooms: 3 Full Baths: 2 Half Baths: 1 Total Baths: 3

Remarks & Misc

Remarks – Consumer: ESCAPE HIGH state TAXES and cold weather! Newly renovated, 19th century historic home has never looked so exquisite. This beautiful, three bedroom, two and a half bath turn key home in the heart of historic Old Town boasts quintessential Key West charm from the moment you walk through the white picket fence. Original wood floors coupled with Dade County pine walls pair beautifully with the recently completed meticulous renovations. Take in views of the lush garden and private pool right from the updated kitchen complete with high-end stainless steel appliances, shaker cabinets, an oversized deep sink and quartz countertops. Enjoy the calming ambiance emphasized by high ceilings and the large open living area.

Association Info

Mandatory Home Owners Asc: No Voluntary Home Owners Asc: No 1st Right of Refusal: No Condo Doc's: No Association Fee $: 0

License Info

Transient Rntl Licns: No

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

Homestead: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Gas Appliances: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Building Style

Above Flood: Yes Stories: 2 Stories

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Utilities

FKAA: 1 Municipal Sewer: 1 Propane: 1

Pool Info

In Ground: 1 Heated: Yes Concrete: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2020-11-02 Sold Price: $1,725,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: None Waterview: No Waterview Dockage: None Utilities: FKAA; Municipal Sewer; Propane Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Appliances; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Pool Info: In Ground; Concrete Construction: Frame Pets: Pets Allowed Land Size: Less Than 1/4 Acre
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: August - 27 - 2024
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