NOT LISTED FOR SALE

116 Coconut Ln Islamorada, FL 33036

Estimated Value: $787,000 - $1,408,000

2 Beds
2 Baths
1,456 Sq Ft
$683/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $835,000 $573 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,792/month

13 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • No HOA
  • Plantation Key School Rated A-
  • 0.36 Acre Lot
  • 1-minute walk to Indian Key

About This Home

As of August 2023

Privacy in Paradise! 2 Bed/2 Bath Home in Plantation Beach, Islamorada. This beautiful home is nestled in lush, tropical native landscape, situated on a large, oversized lot of 15,750 sq. ft. that is elevated well above flood. The huge backyard patio is perfect for entertaining guests or simply enjoying the outdoors. The kitchen is well appointed with plenty of cabinetry and the living room features a faux coral wall that adds a touch of luxury. The bedrooms are very comfortable and of good size, the primary bedroom boasts an updated bathroom. This home has been well-maintained by the current owners. You will love living in the quaint community of Plantation Beach! This quiet neighborhood offers one of the best Bayfront homeowners parks with a boat ramp and beach, launch your kayak, canoe or paddleboard and enjoy the sunsets. Located close to Founders Park, schools, restaurants, and shopping yet a world away. Come and enjoy all that Islamorada has to offer! Schedule a showing today to experience this amazing home for yourself!

Last Agent to Sell the Property

Terri Bodker

LoKation Real Estate License #3049661 Listed on: 06/15/2023

LoKation Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1992

Lot Details

  • 0.36 Acre Lot
  • Property is zoned R1 - Residential Single Family

Home Design

  • Metal Roof

Interior Spaces

  • 1,456 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Storage

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00413820-000000

Community Details

Overview

  • No Home Owners Association
  • Plant Beach Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,946

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Fee Includes: None
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 87.50
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Bike Paths, Other Area Features, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2945.69
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking
  • Year Built: 1992
  • Alternate Key Number: 1508039
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 15750.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1456.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,0.2 PCT ANNUAL
  • Parcel Number: 00413820-000000
  • Lot Size: 75 X 140
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.36

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 23, 2023
Sold by
White Dennis and White Debra
Bought by
Reina Benhur and Alvarez Judith
Seller's Agent
Terri Bodker
LoKation Real Estate
Buyer's Agent
Creative Technology
List Price
$840,000
Sold Price
$835,000
Premium/Discount to List
-$5,000
-0.6%
Views
56
Current Estimated Value
$994,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,841
Avg. Annual Appreciation
7.47%
Original Mortgage
$35,000
Outstanding Balance
$34,157
Interest Rate
6.96%
Estimated Equity
$960,684

Purchase Details

Closed on
Sep 25, 1997
Sold by
Gomez Luis A and Gomez Joanne M
Bought by
White Dennis and White Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1993
Bought by
White Dennis and White Debra

Purchase Details

Closed on
Mar 1, 1989
Bought by
White Dennis and White Debra

Purchase Details

Closed on
Jun 1, 1986
Bought by
White Dennis and White Debra
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Reina Benhur $835,000 None Listed On Document
White Dennis $179,000 --
White Dennis $152,000 --
White Dennis $35,000 --
White Dennis $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reina Benhur $35,000
Open Reina Benhur $773,147
Previous Owner White Dennis $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $835,000 -1.8% $573 / Sq Ft
06/15/2023 06/15/23 Price Changed $850,000 +1.2% $584 / Sq Ft
06/15/2023 06/15/23 For Sale $840,000 -- $577 / 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
2025 $7,510 $717,190 $491,400 $225,790
2024 $2,994 $730,026 $510,300 $219,726
2023 $2,994 $257,898 $0 $0
2022 $2,946 $250,387 $0 $0
2021 $2,940 $243,095 $0 $0
2020 $2,917 $239,739 $0 $0
2019 $2,901 $234,349 $0 $0
2018 $2,823 $229,980 $0 $0
2017 $2,723 $225,250 $0 $0
2016 $2,784 $220,618 $0 $0
2015 -- $219,084 $0 $0
2014 -- $217,345 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 605682

Florida Keys Board of REALTORS®

APN: 00413820-000000