NOT LISTED FOR SALE

100 Sacarma Dr Summerland Key, FL 33042

Cudjoe Key Area

Estimated Value: $1,062,000 - $1,741,000

2 Beds
2.5 Baths
1,200 Sq Ft
$1,182/Sq Ft Est. Value

Sale Details

Date Sold: December 31, 2020

Last sale price $1,130,000 $942 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,647 / mo

369 Days on Market

Highlights

  • Ocean Front
  • RV or Boat Parking
  • Deck
  • Sandy Beach
  • RV Parking in Community
  • Furnished

About This Home

As of December 2020

Direct Oceanfront Vacation Rental home can be rented nightly compared to most homes in the area that can only be rented for 28 days or more. Property has over 10,000 square feet of Open-Water land, includes sandy beach, dock, and pool at elevated deck. This 2 Bedroom, 2 1/2 bath 1,200 foot elevated home boasts lots of room below for bike & kayak storage which are all included. This is a cash cow for an investor for a profitable piece of paradise. A 15 year rental history shows an average of over $9,000/month gross income. An excellent opportunity with flexible SELLER FINANCING, immediate cash-flow (aprx 40 wks booked), and extra weeks available for owners' use.

Last Agent to Sell the Property

Michelle Blades

Realty Executives Florida Keys Listed on: 11/20/2019

Co-Listed By

Amy Hanson

Realty Executives Florida Keys Summerland Branch License #3452555

Last Buyer's Agent

Michelle Blades

Realty Executives Florida Keys Old Town License #3184597

Realty Executives Florida Keys Old Town

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,034

Year Built

  • Built in 1982

Lot Details

  • 10,255 Sq Ft Lot
  • Ocean Front
  • Sandy Beach
  • Property is zoned SC - Sub Urban Commercial District

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Shutters
  • Ocean Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Pool

  • Pool Deck
  • Fiberglass Pool

Outdoor Features

  • Screened Balcony
  • Deck
  • Screened Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sacarma Bay Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,034

Year Built

Built in 1982

Lot Details

10,255 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 21.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Ocean
  • State Province: FL
  • Taxes: 4034.00
  • Title: Title Ins - Seller
  • Vehicle Storage: Guest Parking, Off Street Parking, Trailer Storage, RV Parking Open, Open Parking
  • Year Built: 1982
  • Alternate Key Number: 1227358
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 10255.00
  • Pool Info: Decked, Fiberglass
  • Porch Balcony: Deck, Screened P/B, Windowed P/B, Screened Patio, Patio, Open Porch/Balcony
  • License Info Number Of County License: 1
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 1 Story
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1200.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Split Bedroom, Window Treatments
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Aluminum Windows, Impact Rstnce Window
  • Total Bedrooms: 2
  • Sq Ft Remarks: Fully enclosed Florida Room & Laundry room/half bath are not AC but are included in sq foot measurement per tax card.

Exterior Features

  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Sandy Beach, Storage
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Propane

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Units: 1.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Dec 31, 2020
Sold by
Bought by
Seller's Agent
Michelle Blades
Realty Executives Florida Keys
Buyer's Agent
Michelle Blades
Realty Executives Florida Keys Old Town
List Price
$1,275,000
Sold Price
$1,130,000
Premium/Discount to List
-$145,000
-11.37%
Current Estimated Value
$1,418,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,905
Avg. Annual Appreciation
4.17%
Original Mortgage
$765,000
Interest Rate
0.045%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 26, 2020
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 1995
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 1983
Bought by

Purchase Details

Closed on
Apr 1, 1978
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,130,000 Florida Title Professional
$7,242 Buck Law Group Pa
$100,000 --
$20,000 --
$20,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $765,000
Previous Owner $146,139
Previous Owner $20,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Sold $1,130,000 -5.8% $942 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/17/2020 11/17/20 Price Changed $1,199,000 -2.9% $999 / Sq Ft
02/11/2020 02/11/20 Price Changed $1,235,000 -1.2% $1,029 / Sq Ft
12/27/2019 12/27/19 Price Changed $1,250,000 -2.0% $1,042 / Sq Ft
11/20/2019 11/20/19 For Sale $1,275,000 -- $1,063 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,975 $978,141 $672,113 $306,028
2024 $9,993 $1,202,865 $892,288 $310,577
2023 $9,993 $1,091,325 $789,635 $301,690
2022 $9,616 $1,095,642 $789,635 $306,007
2021 $9,154 $925,209 $648,629 $276,580
2020 $5,250 $617,052 $413,482 $203,570
2019 $4,843 $559,658 $397,638 $162,020
2018 $4,731 $560,228 $397,638 $162,590
2017 $4,145 $453,755 $0 $0
2016 $4,011 $435,635 $0 $0
2015 $3,351 $261,637 $0 $0
2014 $3,327 $247,997 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michelle Blades

    Realty Executives

  • A

    Seller Co-Listing Agent in 2020

    Amy Hanson

    Realty Executives Florida Keys Summerland Branch

    (864) 314-3980

    Amy Hanson
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588326

Florida Keys Board of REALTORS®

APN: 00175290-000000

Florida Monroe County Summerland Key 33042

100 Sacarma Dr, Summerland Key, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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