NOT LISTED FOR SALE

118 Gulfview Dr Islamorada, FL 33036

Estimated Value: $1,065,813 - $1,336,000

2 Beds
1 Bath
1,075 Sq Ft
$1,111/Sq Ft Est. Value

Sale Details

Date Sold: July 19, 2022

Last sale price $950,000 $884 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,930 / mo

33 Days on Market

Highlights

  • Beach
  • Boat Ramp
  • Key West Architecture
  • Plantation Key School Rated A-
  • Home fronts a canal
  • Sun or Florida Room

About This Home

As of July 2022

Located on desirable Lower Matecumbe, this sweet and simple conch cottage is ready for your next chapter. Ready to scale back and simplify? This sweet house is 'just enough' - with extra room for your boat at the dock. Ready to outfit your portfolio? Add this easy-to-maintain casa to your rental properties. Ready to make your next million? Take down, and then rebuild your dream house and watch your investment grow. Island life has never been easier in this canal front White Marlin Beach location. Complete with a bayfront homeowners park and a boat ramp at the residence.

Last Agent to Sell the Property

Elizabeth Jolin

Coldwell Banker Schmitt Islamorada License #3502927 Listed on: 04/23/2022

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

Elizabeth Jolin

Island Equity Real Estate License #3502927

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,426

Year Built

  • Built in 1963

Lot Details

  • 7,000 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R1 - Residential Single Family

Home Design

  • Key West Architecture
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,075 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sun or Florida Room
  • Canal Views
  • Impact Glass

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Boat Ramp
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 00392370-000000

Community Details

Overview

  • No Home Owners Association
  • Association fees include common area mnt
  • White Marlin Bch Subdivision
  • Rental Restrictions

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,426

Year Built

Built in 1963

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 100.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Dockage Seawall: Other
  • Fee Includes: Common Area Mnt
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 74.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5425.67
  • Year Built: 1963
  • Alternate Key Number: 1480690
  • Building Style: Conch, Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Heat
  • Lot Sq Ft: 7000.00
  • Porch Balcony: Windowed P/B
  • Association Info Condo Docs: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1075.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Microwave, Refrigerator, Oven
  • Specialty Rooms: Sun/Florida Room
  • Windows/Doors: Impact Rstnce Window, Other Windows/Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Roof: Combo Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00392370-000000
  • Lot Size: 70 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

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
Apr 23, 2022
Closed on
Jul 19, 2022
Sold by
Bought by
Seller's Agent
Elizabeth Jolin
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Elizabeth Jolin
Coldwell Banker Schmitt Islamorada
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Current Estimated Value
$1,194,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,703
Avg. Annual Appreciation
6.01%
Original Mortgage
$760,000
Outstanding Balance
$725,287
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$469,416

Purchase Details

Closed on
Jun 26, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,250
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2003
Sold by
Bought by
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

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
$950,000 Key Largo Law
$302,500 Florida Title Of The Keys
$322,500 Florida Title Of The Keys In
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 $760,000
Previous Owner $226,250
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
07/19/2022 07/19/22 Sold $950,000 -13.6% $884 / Sq Ft
04/23/2022 04/23/22 For Sale $1,100,000 -- $1,023 / 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 $5,877 $630,000 $630,000 --
2024 $9,394 $630,000 $630,000 --
2023 $9,394 $948,978 $840,000 $108,978
2022 $6,274 $735,598 $604,800 $130,798
2021 $5,426 $488,552 $376,320 $112,232
2020 $5,010 $441,512 $329,280 $112,232
2019 $5,111 $442,836 $329,000 $113,836
2018 $4,792 $415,884 $315,000 $100,884
2017 $4,349 $384,384 $0 $0
2016 $4,300 $371,184 $0 $0
2015 $3,988 $359,643 $0 $0
2014 $3,734 $336,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Jolin

    Seller's Agent in 2022

    Elizabeth Jolin

    Coldwell Banker Schmitt Islamorada

    (305) 393-0994

    14 in this area

    20 Total Sales

    Elizabeth Jolin
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600699

Florida Keys Board of REALTORS®

APN: 00392370-000000

Florida Monroe County Islamorada 33036

118 Gulfview Dr, Islamorada, 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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