1075 Duval Street R15, Key West, FL 33040 (MLS# 609952)

1075 Duval Street R15, Key West, FL 33040

$2,600,000

Virtual Tour

https://vimeo.com/944977187

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.