907 White Street, Unit 5

Key West, FL 33040

$807,500
Price
1
Beds
1
Bath
554 Sq. Ft.
$1,458 / Sq. Ft.
554
Sq. Ft.
$1,458
per Sq. Ft.

Description

Rare showing opportunity for this busy vacation rental. Schedule your personal showing for Sunday, May 5th. New Lower Price & Absolutely Ready to Sell! Condominium association insurance policies conforming to lender standards are now in place. Location, income, & historic charm in the heartbeat of Key West! Enjoy fresh tropical breezes & watch the passersby from your private front balcony, from this exceptional income producing property. Rare at this low price, the home features a full transient...Rare showing opportunity for this busy vacation rental. Schedule your personal showing for Sunday, May 5th. New Lower Price & Absolutely Ready to Sell! Condominium association insurance policies conforming to lender standards are now in place. Location, income, & historic charm in the heartbeat of Key West! Enjoy fresh tropical breezes & watch the passersby from your private front balcony, from this exceptional income producing property. Rare at this low price, the home features a full transient license allowing for unlimited nightly stays, without any rental restrictions or the unwanted potential for upcoming license expiration. The cozy home is completely furnished with all accessories, with a full kitchen & washer & dryer. French doors off the bedroom open to a private deck with a hot tub. This unit is located on the second floor of 1 of 2 historic buildings that comprise the 5 units at Palm Gardens Condominiums. The intimate community offers a heated swimming pool & courtyard. 907 White St. #5 can be purchased with 905 White #2 & 907 White St. #4 to form a lucrative portfolio of rental properties, with discounts available to the buyer when all 3 units are purchased. The property is professionally managed, and due to frequent guest occupancy, showings can only be accommodated on rental turnover days. Income statements for 2023 & 2024 are available with an NDA. A 3D Tour is available for your video tour requests.

Property Details for 907 White Street, Unit 5

Waterfront
None
Waterfront
No
Zoning
HMDR - Historic Medium Density Residential
Subdivision
Old Town - Unlisted (1.0)
Building Style
Ground Level

Location

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co. (KW)
Add your commute
LISTING UPDATED: 05/03/2024 08:36 AM

Property Details for 907 White Street, Unit 5

StatusActive
MLS #608042
Days on Market135
Taxes$5,644 / year
HOA Fees$950 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1938
CountyMonroe County

Location

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co. (KW)
Add your commute

Building Information for 907 White Street, Unit 5

Building/Complex907 White StFloor-Stories-Residences-Pet Policy-Year Built1938

Payment Calculator

$5,827 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,407

Property Taxes

$470

HOA Dues

$950

The Payment Calculator is for illustrative purposes only.

Property Information for 907 White Street, Unit 5

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 02 - Key West
  • Absolute Longitude: 81.791526
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Median
  • KW Neighborhood: The Meadows
  • Mile Marker: 1.0
  • Marathon Neighborhood: N/A
  • Neighborhood Feature: Fire Hydrant
  • Key/Island: Key West
Owner
  • Owner Name: Donna Leonard & R.A. Gabries
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: Condo Doc's: Yes
  • Association Info: 1st Right of Refusal: No
  • License Info: # of City License: 1
  • License Info: Transient Rntl Licns: Yes
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Furnished: Furnished
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Lot Size: 50x100
  • Parcel #: 00024470-000105
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: UNIT 5 & 22% COMMON ELEMENTS PALM GARDENS OF KEY WEST CONDOMINIUM OR2045-1293
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: X
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 21
  • Document Count: 1
  • Building Style: Above Flood: Yes
Utilities
  • Utilities: Cable Available, Water Separate Meter, Municipal Sewer, Elect Separate Meter, FKAA
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: Heated: Yes
  • Pool Info: Concrete, In Ground, Decked
  • Porch/Balcony: Deck, Patio
Interior and Exterior Features
Interior Features
  • Floor: Tile, Wood
  • Floor Number: 1.0
  • Interior Features: Dade County Pine, Window Treatments, Storage
  • Pre-Wired: Cable
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Microwave, Dryer
Exterior Features
  • Roof: Metal Roof
  • Shutters: Other
  • Construction: Frame
  • Dockage: None
  • Exterior Features: Fencing, Privacy Wall/Fence, Lighting, Hot Tub
  • Windows/Doors: Double Hung Windows, French Doors
Room Information
  • Specialty Rooms: Laundry Room

Property History for 907 White Street, Unit 5

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 907 White Street, Unit 5

Taxable ValueLand-Additions$649,203Total-
Tax Record2023$5,879 ($490 / month)
Home Facts
Baths1Total Finished SqFt554 SqFtAbove Grade Finished SqFt554 SqFtLot Size4,995 SqFtStyleHotel / MotelYear Built1938CountyMONROEAPN00024470-000105

Schools near 907 White Street, Unit 5

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - K to 12
Charter - PK to 8
Public - K to 5
Rating
School
Distance
Horace O'bryant School
PublicPK to 8

Monroe Virtual Instruction Program
PublicK to 12

May Sands Montessori School
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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907 White Street, Unit 5 is a condo for sale in Key West, FL 33040. This property was listed for sale on January 5, 2024 by Coldwell Banker Schmitt Real Estate Co. (KW), it's currently listed at $807,500. It has been on the market for a total of 135 days and was last sold on October 31, 2018. This listing's school district is Monroe. Nearby schools include Horace O'bryant School, Monroe Virtual Instruction Program and May Sands Montessori School. 907 White Street, Unit 5 is a 1-bed, 1-bath, 554 sqft condo built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co. (KW)

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.