$3,500,000
SOLD JUN 7, 2021

118 Plantation Blvd Islamorada, FL 33036

5 Beds
5.5 Baths
5,000 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$700 Per Sq Ft

5% Below List Price

29 Days on Market

Highlights

  • Dock made with concrete
  • Boat Lift
  • Heated In Ground Pool
  • Plantation Key School Rated A-
  • New Construction
  • 1-minute walk to Indian Key

About This Home

As of June 2021

BRAND NEW CONSTRUCTION POOL HOME! When only the best will do this beautiful home located in Venetian Shores is almost complete and ready for its first owners. The home is top of the line everything featuring an open floor plan 5 bedrooms, all ensuite with 5 bathrooms, plus powder room with over 5,000 sf of living space, gas stove in the kitchen with huge pantry, guest quarters, impact windows & doors, outdoor kitchen, 3 garages, storage/workshop, elevator, 100 ft. of dock with a cut in slip and a 17,000 lb. boat lift, beautiful pool & spa overlooking the crystal clear canal just 4 houses in from Snake Creek. Don't miss the opportunity to own this first offered one of a kind Venetian Shores Beauty!

Last Agent to Sell the Property

Charlotte Porter

Coldwell Banker Schmitt Islamorada License #3026666 Listed on: 04/20/2021

Coldwell Banker Schmitt Islamorada

Co-Listed By

Jan Keller

Coldwell Banker Schmitt Islamorada License #0670883

Last Buyer's Agent

Donna Webb

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,626

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 10,000 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R1 - Residential Single Family

Home Design

  • Metal Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Impact Glass

Parking

  • Attached Garage
  • Guest Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Davits
  • Boat Lift
  • Dock made with concrete
  • Balcony
  • Outdoor Kitchen
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Venetian Shores Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00410270-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,626

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 150.00
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Document Count: 3
  • Fee Includes: None
  • Handicap Access: Yes
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 86.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6626.09
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Covered Parking, Guest Parking, Attached
  • Year Built: 2021
  • Alternate Key Number: 1502057
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 10000.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 5000.00
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Cathedral Ceilings, Walk-in Closet(s), Storage, Elevator, Granite Counter Top, Entrance Foyer, Pantry, Intercom
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Appliances: More Appliances, Stainless Steel Appliance(s), Wine Cooler, Gas Appliances, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, Washer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 5
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Davits, Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Hot Tub, Storage, Outdoor Kitchen
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00410270-000000
  • Lot Size: 100 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.23

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2021
Sold by
Cotton Shery L
Bought by
Shery L Cotton 2021 Qualified Personal Reside
Current Estimated Value
$5,671,419

Purchase Details

Listed on
Apr 20, 2021
Closed on
Apr 23, 2021
Sold by
Cotton David B
Bought by
Shery L Cotton Trust
Seller's Agent
Charlotte Porter
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Donna Webb
Ocean Sotheby's International Realty
List Price
$3,700,000
Sold Price
$3,500,000
Premium/Discount to List
-$200,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.22%

Purchase Details

Closed on
Sep 27, 2019
Sold by
Cotton David B and Cotton Shery
Bought by
Dr David B Cotton And Shery Co

Purchase Details

Closed on
Sep 25, 2013
Sold by
Otero Antonio and Otero Teresita
Bought by
Cotton David and Cotton Shery

Purchase Details

Closed on
Jun 30, 2005
Sold by
Richardson Harlan and Richardson Abbie
Bought by
Otero Antonio and Otero Teresita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 24, 1998
Sold by
Herndon Nancy and Herndon Kerry
Bought by
Richardson Harlan and Richardson Abbie

Purchase Details

Closed on
Mar 1, 1993
Bought by
Cotton David and Cotton Shery

Purchase Details

Closed on
Dec 1, 1985
Bought by
Cotton David and Cotton Shery
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Dickinson Wright Pllc
Warranty Deed -- Dickinson Wright Pllc
Warranty Deed -- Dickinson Wright Pllc
Warranty Deed -- Dickinson Wright Pllc
Quit Claim Deed -- Dickinson Wright Pllc
Quit Claim Deed -- Dickinson Wright Pllc
Quit Claim Deed -- Dickinson Wright Pllc
Quit Claim Deed -- Dickinson Wright Pllc
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $2,680,000 Attorney
Warranty Deed $2,680,000 Attorney
Warranty Deed $2,500,000 Title Company Of America Inc
Warranty Deed $2,500,000 Title Company Of America Inc
Warranty Deed $525,000 --
Warranty Deed $525,000 --
Warranty Deed $390,000 --
Warranty Deed $390,000 --
Warranty Deed $175,000 --
Warranty Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $388,771 New Conventional
Previous Owner $398,000 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $1,750,000 Negative Amortization
Previous Owner $150,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $3,500,000 -5.4% $700 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $3,700,000 +478.1% $740 / Sq Ft
06/15/2017 06/15/17 Sold $640,000 -4.5% --
06/15/2017 06/15/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $670,000 -- --
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 $35,644 $4,711,611 $2,807,867 $1,903,744
2023 $35,644 $4,298,286 $2,462,373 $1,835,913
2022 $33,360 $4,083,571 $2,228,517 $1,855,054
2021 $30,608 $3,299,553 $1,650,753 $1,648,800
2020 $28,128 $3,022,586 $1,650,753 $1,371,833
2019 $27,111 $3,036,951 $1,650,753 $1,386,198
2018 $25,299 $2,957,252 $1,588,321 $1,368,931
2017 $22,292 $2,578,263 $0 $0
2016 $6,985 $632,862 $0 $0
2015 $6,801 $627,172 $0 $0
2014 $24,613 $2,333,452 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595731

Florida Keys Board of REALTORS®

APN: 00414730-000000