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709 Thomas St, Key West, FL 33040

$1,761,000
Last sold 05/22/2023 for $1.7M
2
bed
2
bath
1,512
Sqft ($1,124/Sqft)

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About 709 Thomas St

Property type House

Year built 1938

HOA fee $0/month

Lot size 4,508 Sqft

Movoto estimate

Rental estimate

Property description

After removing the property from the market to accommodate vacation rentals, we are back with a huge reduction!! Fully turnkey vacation rental. Located walking distance to everything and in coveted flood zone X, this 2 bedroom, 2 bath, with massive sleeping loft, is Old Key West meets modern Luxury. The property was built in the early 1900's next to the La Concha Hotel as Coast Guard office building and moved to its current location in 1986. The home has floor-to-ceiling Dade County Pine. The kitchen is complete with custom cabinets, gas Viking appliances, and granite countertops. Ten-foot ceilings open the home with an abundant of natural lighting. The property is equipped with a brand-new full house Generac propane generator, heated in-ground pool, outdoor shower, and lush landscaping. Sit on your front porch at your out-door bar and people watch. The property is used half the year as a vacation rental and does about $80k a year. With the appropriate offer, the home can be sold completely turn key.

Listed by

Listing Agent - Derek Epperly, PA

Listing Office - Keys Atlantic Realty

Source: FKBOR MLS

MLS#602643 • last updated 8 months ago

Movoto checked FKBOR MLS for data 4 minutes ago

Overview
Levels/Style	Conch
MLS #	602643
Type	Residential
SqFt	1512
Status	Closed
SubType	Single Family Residence
Lot Size (Sqft)	4508
Lot Size (Acres)	0.1
Property Tax	3705.64
Year Built	1938
Condition	Updated/Remodeled

Interior
Total # of Bathrooms	2
# of Full Baths	2
Total # of Bedrooms	2
Flooring	Tile, Wood, Combo
Appliances	Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Gas Appliances, Stainless Steel Appliance(s)
Interior Features	Built-in Cabinets, Granite Counter Top, Dade County Pine, Storage, Bar

Exterior
Construction	Frame
Exterior Features	Bar, Fencing, Outdoor Shower
Patio/Porch	Patio

Amenities / Utilities
HOA Fee Includes	None
Pool	In Ground, Decked

Location
County	Monroe
Subdivision	Old Town - Unlisted (1.0)
APN	00013210-000000
Zoning	HDR - High Density Residential

Multifamily Details
Total # of Units	1

$1.76M

Range: $1.28M-$2.23M

Last 30 days

Rental est.: $2,986/month

• Gross rent multiplier: 47.4

Lower your payment with the loan terms that fit you.

May 2023
Public Records
May 30, 2023 Sold
$1,700,000
May 2023
MLS # 602643
May 22, 2023 Sold
$1,700,000 (-2.9%)
Apr 24, 2023 Contingent
—
Apr 20, 2023 Listed
$1,750,000 (-18.6%)
Dec 7, 2022 Price Change
$2,150,000 (-2.3%)
Oct 1, 2022 Listed
$2,200,000 (+238.5%)
Jun 2007
Public Records
Jun 8, 2007 Sold
$650,000

Year Property taxes Tax assessment
2024
$13,375 +36.9%

$1,566,047 +1.19%
2023
$9,768 +168.3%

$1,547,655 +261.6%
2022
$3,640 -1.8%

$428,002 +3.15%
2021
$3,706 +1.7%

$414,945 +1.4%
2020
$3,643 +1.5%

$409,216 +2.3%
2019
$3,587 +0.2%

$400,016 +1.9%
2018
$3,581 +0.5%

$392,558 +2.1%
2017
$3,562 -2.9%

$384,484 +2.1%
2016
$3,668 -1.9%

$376,576
2015
$3,740

—

709 Thomas St
$1.7M
—
33040
$1.09M -15% y/y
Key West
$1.1M -15% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
715 Thomas St, Key West, FL 33040	$1,728,000	2/2	1,980	0.01
719 Thomas St, Key West, FL 33040	$3,102,000	4/4	2,457	0.02
723 Thomas St, Key West, FL 33040	$1,078,000	3/2	1,110	0.03
631 Thomas St, Key West, FL 33040	$3,071,000	10/6	3,940	0.03
725 Thomas St, Key West, FL 33040	$947,000	3/1	968	0.03
228 Angela St, Key West, FL 33040	$1,118,000	2/1	887	0.04
720 Thomas St, Key West, FL 33040	$1,853,000	4/2	2,498	0.04
226 Angela St, Key West, FL 33040	$1,150,000	2/1	936	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.