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

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 outside attractions & enjoyable street life from the coveted luxury within.

More Information MLS# 596632

Contract Information

Listing Board: Key West Association Bank Owned: No Current Price: $6,500,000 Listing Date: 2021-06-24 Sold Price: $6,500,000

Location, Tax & Legal

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 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

General Property Description

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

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

Status Change Info

Sold Comments: Actual Price $7,000,000. $500k for furniture Sold Date: 2021-07-22 Sold Price: $6,500,000 Status: Closed

Association Info

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

License Info

Transient Rntl Licns: Yes

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

Homestead: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Ice Machine: 1 Microwave: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1 Wine Cooler: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1 Ductless: 1 Heat: 1 Heat Pump: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Marble: 1 Tile: 1 Wood: 1

Interior Features

Bar: 1 Built-in Cabinets: 1 Dade County Pine: 1 Entrance Foyer: 1 Fireplace(s): 1 Pantry: 1 Security System: 1 Storage: 1 Walk-in Closet(s): 1 Wet Bar: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Guest/Servant Qtrs: Legal Gym: 1 Laundry Room: 1 Sauna/Steam Room: 1 Utility Room: 1 Workshop: 1

Building Style

Above Flood: Unknown Conch: 1 Stories: 3 Stories

Windows/Doors

Double Hung Windows: 1 French Doors: 1 Impact Rstnce Doors: 1 Impact Rstnce Window: 1 Single Hung Windows: 1 Wood Windows: 1

Vehicle Storage

Car(s): 4+ Open Parking: 1 Off Street Parking: 1

Security

Electric Gate: 1

Construction

Combo Construction: 1 Frame: 1

Land Size

1/4 - 1/2 Acre: 1

Furnished

Negotiable: 1

Terms

Cash: 1 Conventional: 1

Utilities

Buyer to Verify: 1 FKAA: 1 Municipal Sewer: 1 Propane: 1 Well: 1

Porch/Balcony

Open Porch/Balcony: 1 Patio: 1

Exterior Features

Detached Guest Qtrs: 1 Fencing: 1 Gazebo: 1 Hot Tub: 1 Lanai: 1 Lighting: 1 Privacy Wall/Fence: 1 Storage: 1

Pool Info

In Ground: 1 Heated: Yes Concrete: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No

Shutters

Bahama: 1 Panel: 1 Other: 1

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

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.