$6,500,000
425 Caroline Street
Key West, FL 33040
MLS# 596632
Status: Closed
7 beds  |  9 baths  |  6888 sqft


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Property 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...

Details
Maps
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
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.

Listing Office: Truman & Co. (KW)

Last Updated: August - 26 - 2024

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Broker Attribution: 305-395-2360