518 NEW CASTLE AVE
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Location
518 NEW CASTLE AVE
Mblu
0205/ 0003/ 0000/ /
Acct#
28623
Owner
WALSH LINDA R REVOCABLE TRUST
PBN
Assessment
$14,154,800
Appraisal
$14,154,800
PID
28623
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$5,326,800$8,828,000$14,154,800
Assessment
Valuation YearImprovementsLandTotal
2025$5,326,800$8,828,000$14,154,800

Owner of Record
OwnerWALSH LINDA R REVOCABLE TRUST
Co-OwnerWALSH LINDA R TRUSTEE (75% INT)
Address7 SUNSET KEY
KEY WEST, FL 33040
Sale Price$0
Certificate
Book & Page 6142/1617
Sale Date07/22/2020
Instrument27

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
WALSH LINDA R REVOCABLE TRUST$0 6142/16172707/22/2020
WALSH LINDA R (75% INT)$6,200,000 5229/11050007/14/2011
GARVEY HELEN I LIVING TRUST$3,275,000 3444/0593012/17/1999

Building Information
Building 1 : Section 1
Year Built: 2001
Living Area: 12,940
Replacement Cost: $6,011,141
Building Percent Good: 84
Replacement Cost
Less Depreciation:
$5,049,400
Building Attributes
FieldDescription
Style:Modern/Contemp
ModelResidential
Grade:X+
Stories:2
Occupancy1
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof Structure:Gable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Flr 1Hardwood
Interior Flr 2Quarry Tile
Heat FuelGas
Heat Type:Hot Water
AC Type:Central
Total Bedrooms:5 Bedrooms
Total Bthrms:6
Total Half Baths:2
Total Xtra Fixtrs:6
Total Rooms:17
Bath Style:Above Avg Qual
Kitchen Style:Above Avg Qual
Kitchen Gr 
WB Fireplaces2
Extra Openings2
Metal Fireplaces3
Extra Openings 20
Bsmt Garage 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 6,351 6,351
FUSUpper Story, Finished 5,981 5,981
FHSHalf Story, Finished 1,216 608
FEPPorch, Enclosed 288 0
FGRGarage, Attached 791 0
FOPPorch, Open 656 0
UBMBasement, Unfinished 5,988 0
   21,271 12,940

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
FBLAFINISHED BSMNT500.00 S.F.$25,2001
KITEXTRA KITCHEN2.00 UNITS$27,5001

Land
Land Use
Use Code1013
DescriptionSFR WATERFRONT  
ZoneSRA
Neighborhood109
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)7.7
Frontage
Depth
Assessed Value$8,828,000
Appraised Value$8,828,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
FGR4GAR W/LFT AVE  1246.00 S.F$55,1001
FOPOPEN PORCH02DETACHED169.00 S.F.$9,1001
BHS1CMM BTH HSE AV  220.00 S.F.$19,3001
RD2BOAT DCK MED RES  940.00 SF$37,6001
RL1STUDIO  511.00 S.F.$38,3001
SPL3POOL-INGR GUNI  1000.00 S.F.$65,3001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$5,326,800$8,828,000$14,154,800
2024$5,326,800$8,828,000$14,154,800
2023$2,990,300$4,290,200$7,280,500

Assessment
Valuation YearImprovementsLandTotal
2025$5,326,800$8,828,000$14,154,800
2024$5,326,800$8,828,000$14,154,800
2023$2,990,300$4,290,200$7,280,500

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