See Home Value
Key West 33040
1008 South Street
$1,745,225*
House - Off Market

1008 South Street

Key West, FL 33040
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1438 Sqft
$1,575,000 - $1,925,000
Reference Base Price*
-0.27%
Since Aug 1, 2023
National-US
Primary Model
Sold Aug 01, 2023
$1,600,000
Sold Dec 30, 2021
$1,400,000
$4,025,500 by Regional Missouri Bank
Mortgage Due Dec 14, 2041

About This Property

This desirable three bedroom and two bath home located in a sought out area of Casa  Marina. The home has been totally renovated in 2022 with a stunning open floor plan that flows through the home out to the great room that over looks tropical landscaping and the beautiful huge swimming pool which has its own privacy wall with your own outdoor shower .  This home has everything to offer with its A plus location close to the beaches close to all the fine dining galleries and of course the downtown area this could come fully furnished and be the perfect vacation rental property. Brand new Chicago Brick put in the driveway walkway and out to the pool just completed in March of 2023.

The manager has listed the unit size as 1438 square feet.
Unit Size
1,438Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$1,217
Property Type
House
Property Taxes
$879
HOA Dues
-
Year Built
1958

Price History

Date / Event Date Event Price
Aug 1, 2023 Sold to Torrese $1,600,000
Sold to Torrese
Jul 11, 2023 No longer available -
No longer available
Jun 8, 2023 Price Decreased $1,750,000
↓ $75K (4.1%)
Price Decreased
May 10, 2023 Price Decreased $1,825,000
↓ $25K (1.4%)
Price Decreased
Apr 21, 2023 Price Decreased $1,850,000
↓ $75K (3.9%)
Price Decreased
Show More

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Minimum/playwood materials
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Terrazzo
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 5,376
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 480
  • Total Building Area: 1,438
  • Gross Building Area: 1,438
  • Building Area: 1,438
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,438
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE WEBB REALTY CO
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KW WEBB REALTY CO SUB PB1-42 LOT 15 SQR 6 TR 18 OR169-45 OR405-962 OR1028-146 OR1294-2335 OR1881-1649 OR3146-1722 OR3236-1219

Ownership

  • Current Owner : NAOMI TORRESE REVOCABLE TRUST
  • Current Owner 2: TORRESE
  • Previous Owner : 1008 SOUTH LLC
  • Owner Before Previous Owner: BRENT SOMACH RICHARD
  • Owner Before Previous Owner 2: BRENT LYNDA
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 972800

Zoning

  • Zoning: HMDR

Geography

  • Account Number: 1039993
  • Subdivision Tract Number: 18
  • Parcel: 00039250-000000
  • Lot: 15
  • Meridian: SEC 05 TWN 68S RNG 25E
  • Municipality: CITY OF KEY WEST
  • Latitude: 24.551
  • Longitude: -81.79

    Address

  • Full Address: 1008 South St
  • Address - House Number: 1008
  • Address - Street Name: South
  • Address - Suffix Type: St
  • State: FL
  • City Name: Key West
  • Carrier Code: C006
  • 4-Digit Zip Code: 4806
  • Zip Code: 33040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,543
  • Tax Rate Code Area: 10KW

    Appraisal Valuation

  • Standard Deviation: 0.0881
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 92
  • Final Value: 1,528,447
  • High Value: 1,663,169
  • Low Value: 1,393,725

    Market Valuation

  • Market Total Value: $1,592,623
  • Market Land Value: $1,277,338
  • Market Improvement Value: $315,285

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,592,623
  • Assessed Land Value: $1,277,338
  • Assessed Improvements Value: $315,285

    Sales

  • Current Sale Contract Date: Jul 28, 2023
  • Current Sale Recording Date: Aug 01, 2023
  • Current Sale Transaction ID: 11910431096
  • Current Sale Price: $1,600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2426881
  • Previous Sale Recording Date: Dec 30, 2021
  • Previous Sale Contract Date: Dec 14, 2021
  • Previous Sale Amount: $1,400,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: REGIONAL MISSOURI BANK
  • Previous Mortgage Transaction Date: Dec 30, 2021
  • Previous Mortgage Loan Amount: $4,025,500
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 14, 2041



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,274 ft²
$1,374/ft²
$1,750,000 Jun 6, 2023
-
$391/mo
House
3 Beds
3 Baths
1,740 ft²
$1,147/ft²
$1,995,000 Jun 14, 2023
-
$150/mo
House
2 Beds
2 Baths
1,338 ft²
$1,102/ft²
$1,475,000 Mar 3, 2023
-
$323/mo
Multifamily
4 Beds
3 Baths
2,240 ft²
$669/ft²
$1,499,000 Mar 10, 2023
-
$372/mo
House
7 Beds
5 Baths
2,236 ft²
$894/ft²
$1,999,995 Jun 1, 2023
-
$37/mo
Commercial
Loft
2 Baths
-
$1,750,000 Jun 7, 2023
-
$266/mo
Commercial
Loft
0.5 Bath
-
$1,587,500 Sep 10, 2022
-
$578/mo
Commercial
Loft
-
5,016 ft²
$369/ft²
$1,850,000 Aug 18, 2021
-
-

About Key West


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Frequently Asked Questions

When was property at 1008 South Street built and last sold?
The property at 1008 South Street was built in 1958 and last sold on Jul 28, 2023 for $1,600,000.
How much is this home worth?
The estimated value of the home located at 1008 South Street is $1,753,274.
What are some comparable homes to 1008 South Street?
There are currently no comparable homes to 1008 South Street.

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