Check Availability
Key West 33040
1519 Johnson Street
$2,590,000
↓ $105K (3.9%)
House - For Sale

1519 Johnson Street

Key West, FL 33040
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2366 Sqft
$13,601
Estimated Monthly
$0
HOA / Fees
1.79%
Cap Rate

About This Property

This recently updated two story home in the sought after area of Key West is perfectly located blocks from the beach and just a bike ride to downtown/Duvall Street. All new Appliances (even washer/dryer, and tankless water heater). As you walk in you are welcomed with beautiful blue/Gray tile flooring, Stainless appliances, and granite countertops. The outdoor living oasis is the perfect place to relax or entertain with a large deck, sitting area, and one of the larger pools for the area. This 5 bedroom 4 bathroom home is a perfect investment for a full time residence, vacation home, or vacation rental.  The property is turnkey ready, fully furnished with that island life decor. The detached pool house structure is a 1 bedroom, 1 bath studio with mini kitchen. The unique upstairs landing has two additional beds to accomated even more guests or could be used as an office, or additional TV/sitting area as well.  Sleeps 14. The gorgeoous new landscaping and fresh ocean blue exterior paint are sure to give you the beach vibe.  Home was temporarily off the market to update the landscaping and exterior of the home. Dont miss this beautiful spacious Key West property.

The manager has listed the unit size as 2366 square feet.
Unit Size
2,366Ft²
Days on Market
136 days
Land Size
0.12 acres
Price per sqft
$1,095
Property Type
House
Property Taxes
$883
HOA Dues
-
Year Built
1958

Listed By

Last updated: 3 months ago (FLKEYSMLSFL #607980)

Price History

Date / Event Date Event Price
Feb 28, 2024 Price Decreased $2,590,000
↓ $105K (3.9%)
Price Decreased
Jan 4, 2024 Price Decreased $2,695,000
↓ $84K (3%)
Price Decreased
Jan 2, 2024 Listed by EXP REALTY LLC $2,779,000
Listed by EXP REALTY LLC
Jan 1, 2024 No longer available -
No longer available
Oct 20, 2023 Price Decreased $2,779,000
↓ $20K (0.7%)
Price Decreased
Show More

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Floor Count: 2
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,263
  • Total Building Area: 4,037
  • Gross Building Area: 4,037
  • Building Area: 4,037
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,037
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: PROGRESSIVE LAND IMPROVEMENT CO
  • Land Acres: 0.259
  • Legal Description 1: KW PT TR 28 OR59-405 OR384-800 OR821-2361 OR1080-2152 OR1096-646 OR1134-333 OR1134-335 OR1359-1288 OR1585-524 OR2232-2126 OR2727-517 OR2885-297 OR3160-2306

Ownership

  • Current Owner : KEY WESTIE LLC
  • Previous Owner : WOOD CORNELL GREER
  • Owner Before Previous Owner: KAROSEN LAURENCE E
  • Owner Before Previous Owner 2: BANITCH GEORGE P
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 972000

Zoning

  • Zoning: SF-1

Geography

  • Account Number: 1059871
  • Subdivision Tract Number: 28
  • Parcel: 00059410-000000
  • Meridian: SEC 05 TWN 68S RNG 25E
  • Municipality: CITY OF KEY WEST
  • Latitude: 24.5511
  • Longitude: -81.7845

    Address

  • Full Address: 1519 Florida St
  • Address - House Number: 1519
  • Address - Street Name: Florida
  • Address - Suffix Type: St
  • State: FL
  • City Name: Key West
  • Carrier Code: C043
  • 4-Digit Zip Code: 5061
  • Zip Code: 33040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,713
  • Tax Rate Code Area: 10KW

    Appraisal Valuation

  • Standard Deviation: 0.0881
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 92
  • Final Value: 3,317,921
  • High Value: 3,610,373
  • Low Value: 3,025,470

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,385,000
  • First Open Lien Mortgage Lender: ATHAS CAPITAL GROUP INC
  • First Open Lien Mortgage Recording Date: Mar 15, 2022
  • First Open Lien Mortgage Loan Amount: $2,385,000
  • First Open Lien Mortgage Term: 24
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2024

    Market Valuation

  • Market Total Value: $2,557,019
  • Market Land Value: $1,635,998
  • Market Improvement Value: $921,021

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,557,019
  • Assessed Land Value: $1,635,998
  • Assessed Improvements Value: $921,021

    Sales

  • Current Sale Contract Date: Mar 03, 2022
  • Current Sale Recording Date: Mar 15, 2022
  • Current Sale Transaction ID: 11882620924
  • Current Sale Price: $3,180,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2365807
  • Previous Sale Recording Date: Jul 07, 1999
  • Previous Sale Amount: $457,500
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: ATHAS CAPITAL GROUP INC
  • First Mortgage Transaction Date: Mar 15, 2022
  • First Mortgage Loan Amount: $2,385,000
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Apr 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK
  • Previous Mortgage Transaction Date: Jul 07, 1999
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $357,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
3 Baths
2,886 ft²
$1,142/ft²
$3,295,000 Oct 3, 2023
-
$903/mo
House
3 Beds
3 Baths
1,620 ft²
$1,849/ft²
$2,995,000 Nov 18, 2023
-
$1,447/mo
House
3 Beds
3.5 Baths
1,404 ft²
$1,638/ft²
$2,300,000 Aug 23, 2023
-
$869/mo
House
3 Beds
2 Baths
1,593 ft²
$1,695/ft²
$2,700,000 Aug 3, 2023
-
$356/mo
Townhouse
2 Beds
3 Baths
1,940 ft²
$1,180/ft²
$2,290,000 Oct 17, 2023
-
-
Commercial
Loft
8 Baths
-
$3,000,000 Jun 9, 2023
-
$1,073/mo
Commercial
Loft
5 Baths
-
$2,895,000 Mar 25, 2023
-
$886/mo
Commercial
Loft
6 Baths
-
$2,499,000 Jun 17, 2023
-
$744/mo

About Key West


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Frequently Asked Questions

When was property at 1519 Johnson Street built and last sold?
The property at 1519 Johnson Street was built in 1958 and last sold on Mar 3, 2022 for $3,180,000.
How much is this home worth?
The estimated value of the home located at 1519 Johnson Street is $2,622,530.
What are some comparable homes to 1519 Johnson Street?
Homes that are comparable to 1519 Johnson Street include a multifamily property at 1100 South Street, a house property at 1219 Royal Street, 1018 Olivia Street.

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