NOT LISTED FOR SALE

1049 Gulf Dr Summerland Key, FL 33042

Estimated Value: $1,102,000 - $1,298,000

2 Beds
2 Baths
1,184 Sq Ft
$1,001/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $995,000 $840 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,883/month

6 Days on Market

Highlights

  • Airstrip
  • RV or Boat Parking
  • Home fronts a canal
  • Dock made with concrete
  • RV Parking in Community
  • Fruit Trees

About This Home

As of May 2022

Located in the heart of the ''Isles'' of Summerland surrounded by high-end homes. Recent remodeling includes impact resistant doors and windows, a metal roof, and kitchen and baths. You'll enjoy the island kitchen with it's gas range. This is a concrete block home with 2 bedrooms and 2 baths overlooking a flow-through canal. Outside you'll find a variety of fruit trees (kumquat, lychee, lime) and tropical landscaping to enjoy. This 50' wide flow through canal is a dream for boaters. Deep draft and in minutes, you are in the Atlantic or Gulf. Covered parking and patio with storage below. Don't miss this one.

Last Agent to Sell the Property

Donna Pezzi

Coldwell Banker Schmitt RE Co. Listed on: 02/22/2022

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,593

Year Built

  • Built in 1980

Lot Details

  • 6,060 Sq Ft Lot
  • Home fronts a canal
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,184 Sq Ft Home
  • Ceiling Fan
  • Vinyl Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Airstrip
  • Dock made with concrete
  • Screened Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Heat Pump System
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • Association fees include common area mnt
  • Summerland Cove Isle Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Other Tax Exemptions
  • Assessor Parcel Number 00198934-003500

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,593

Year Built

Built in 1980

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 25.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 60
  • Fee Includes: Common Area Mnt
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Fire Hydrant
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4592.66
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Covered Parking, Trailer Storage, RV Parking Open, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1980
  • Alternate Key Number: 1262161
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 6060.00
  • Porch Balcony: Patio, Screened P/B
  • Association Maintenance Fee Per: Yearly
  • Species List: Yes
  • Tax Exemptions: Disability, Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1184.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Smoke Alarms, Window Treatments
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Dryer
  • Floor: Vinyl
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fruit Tree(s), Storage
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, FKAA, Municipal Sewer, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-9
  • Parcel Number: 00198934-003500
  • Lot Size: 60'x101'
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
May 10, 2022
Sold by
Lia Anderson Linda
Bought by
Gigler Richard E and Gigler Kathryne A
Seller's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$969,000
Sold Price
$995,000
Premium/Discount to List
$26,000
2.68%
Current Estimated Value
$1,185,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,579
Avg. Annual Appreciation
5.18%
Original Mortgage
$696,500
Outstanding Balance
$661,778
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$523,801

Purchase Details

Closed on
Apr 28, 2003
Sold by
Anderson Mark Roy
Bought by
Anderson Linda Lia

Purchase Details

Closed on
Feb 9, 1994
Sold by
Dias Robert M
Bought by
Dias Robert M and Dias Jean T

Purchase Details

Closed on
Dec 16, 1992
Sold by
Buchanan J Gregory and Buchanan Jacquelyn
Bought by
Anderson Mark Roy and Anderson Linda Lia

Purchase Details

Closed on
Oct 1, 1985
Bought by
Anderson Linda Lia

Purchase Details

Closed on
Jul 1, 1980
Bought by
Anderson Linda Lia

Purchase Details

Closed on
Aug 1, 1979
Bought by
Anderson Linda Lia
Source: Public Records

Range of Values:

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List Price
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

Date Buyer Sale Price Title Company
Gigler Richard E $995,000 Anthony J Barrows Llc
Anderson Linda Lia -- --
Dias Robert M -- --
Anderson Mark Roy $195,000 --
Anderson Linda Lia $115,000 --
Anderson Linda Lia $89,400 --
Anderson Linda Lia $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gigler Richard E $696,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2022 05/10/22 Sold $995,000 +2.7% $840 / Sq Ft
02/22/2022 02/22/22 For Sale $969,000 -- $818 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $8,104 $936,703 -- --
2023 $8,104 $909,421 $636,542 $272,879
2022 $4,472 $480,590 $0 $0
2021 $4,593 $466,593 $0 $0
2020 $4,570 $460,151 $0 $0
2019 $4,486 $449,806 $261,550 $188,256
2018 $4,861 $436,521 $248,945 $187,576
2017 $4,940 $449,212 $0 $0
2016 $3,988 $379,840 $0 $0
2015 $4,509 $417,985 $0 $0
2014 $4,019 $313,499 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Donna Pezzi

    Coldwell Banker Schmitt RE Co.

  • Lisa Ferringo

    Buyer's Agent in 2022

    Lisa Ferringo

    Coldwell Banker Schmitt Lower Keys (KW)

    (305) 797-1221

    600 Total Sales

    Lisa Ferringo
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599795

Florida Keys Board of REALTORS®

APN: 00198934-003500

Florida Monroe County Summerland Key 33042

1049 Gulf 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.

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