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

Overview

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 inte ... (Read more)

Listing Details MLS# 609952

Location, Tax & Legal

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
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

Contract Information

Listing Board: Key West Association

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Condo
Waterfront: No
Pool: Yes
Year Built: 1987
Living Apx SqFt: 2450
SqFt Source: Property Data Card
Total Bedrooms: 4
Full Baths: 4
Half Baths: Yes
Total Baths: 5
Rentals Allowed: Yes
Min Rental Days: Yes
Control Depth: 0
Lot SqFt: 0
Total Units: 0

Status Change Info

Sold Date: 2024-07-05
Sold Comments: Thank you everyone!

Association Info

Mandatory Home Owners Asc: Yes
Condo Doc's: Yes
1st Right of Refusal: Yes
Association Fee $: 3179

License Info

# of City License: Yes
# of County License: Yes
Transient Rntl Licns: Yes

More Information

Building Style

Above Flood: Yes

Vehicle Storage

Car(s): 2
Garage: Yes

Pool Info

Heated: Yes
In Ground: Yes
Concrete: Yes

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!

Fee Includes

Bldg Exterior Mnt: Yes
Building Insurance: Yes
Cable: Yes
Common Area Mnt: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes

Cooling

Central Air: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Floor

Combo: Yes
Laminate: Yes
Tile: Yes

Neighborhood Feature

Community Pool: Yes

Interior Features

Drapes/Blinds Incl: Yes
Elevator: Yes
Pantry: Yes
Quartz Countertops: Yes
Sky Light(s): Yes
Smoke Alarms: Yes
Storage: Yes
Walk-in Closet(s): Yes
Window Treatments: Yes

Property Condition

Updated/Remodeled: Yes

Windows/Doors

Aluminum Windows: Yes
Impact Rstnce Window: Yes
Sliding Glass Doors: Yes

Construction

Frame: Yes

Land Size

1/2 - Less Than 1 AC: Yes

Furnished

Furnished: Yes

Terms

Cash: Yes
Conventional: Yes

Utilities

Buyer to Verify: Yes
FKAA: Yes

Porch/Balcony

Deck: Yes
Open Porch/Balcony: Yes

Title

Negotiable: Yes

Exterior Features

Storage: Yes

Pre-Wired

Cable: Yes

Roof

Metal Roof: Yes

Accessibility Feat

Parking: Yes

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.