NOT LISTED FOR SALE

11901 Overseas Hwy Duck Key, FL 33050

Estimated Value: $4,064,742

3.95 Acres
$1,029,049 Price per Acre
172,062 Sq Ft Lot

Last Sold July 23, 2021

Last sale price $3,200,000

Est. 27% increase in value since last sale

Current estimated payment $24,353/month

8 Days on Market

Highlights

  • Ocean Front
  • Coral Shores High School Rated A
  • Corner Lot

About This Lot

As of July 2021

Incredible ocean front, 3.95 acres of prime vacant land on Vaca-Cut in Marathon is available for you today! The land has over 300 feet of deep water frontage with unobstructed ocean views. Conveniently located on the main highway (US-1) with great exposure. Zoned commercial/Mixed Use with endless possibilities for development. Survey and Vegetation letter have already been completed.

Last Listed By

The Lowe Group

Berkshire Hathaway HomeServices Knight & Gardner Realty License #000000 Listed on: 09/11/2020

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,412

Lot Details

  • 3.95 Acre Lot
  • Ocean Front
  • Property fronts a highway
  • Corner Lot
  • Property is zoned MU - Mixed Use Commercial Mixed Use

Property Views

  • Ocean Views

Community Details

  • Fat Deer Key Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00100740-000000

Property Details

Property Type

Land

Est. Annual Taxes

$4,412

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • Control Depth: 3
  • Document Count: 3
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Vaca East (Vaca to Coco)
  • Mile Marker: 53.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Other Terms
  • Side: Ocean
  • State Province: FL
  • Taxes: 4411.53
  • Alternate Key Number: 1117714
  • Lot Sq Ft: 172062.00
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Existing Utilities: None
  • Location Site: Highway Frontage, Wooded Lot, Corner Lot, Water Frontage
  • Miscellaneous Info Mobile Home Lot: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Waterview: Open Water View, Ocean View

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE
  • Parcel Number: 00100740-000000
  • Land Size: 2 Less Than 5 Acres
  • Building Permit: No Permit

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Jul 23, 2021
Sold by
Rhode Shari R and Covington Patricia
Bought by
Vaca Homes Llc
Seller's Agent
The Lowe Group
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Kim Rabito-Show
Ocean Sotheby's International Realty
List Price
$3,299,000
Sold Price
$3,200,000
Premium/Discount to List
-$99,000
-3%
Total Days on Market
8
Current Estimated Value
$4,064,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$864,742
Avg. Annual Appreciation
6.53%
Original Mortgage
$1,920,000
Interest Rate
2.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 13, 2009
Sold by
Dunlap Anthony Scott and Covington Patricia
Bought by
Covington Patricia and Rhode Shari R

Purchase Details

Closed on
Aug 6, 2004
Sold by
Dunlap Anthony Scott
Bought by
Dunlap Anthony Scott and Covington Patricia

Purchase Details

Closed on
May 27, 2004
Sold by
Buechele Heinz A
Bought by
Dunlap Anthony Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 1, 1989
Bought by
Rhode Shari R

Range of Values:

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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
Vaca Homes Llc $3,200,000 Attorney
Covington Patricia -- Attorney
Dunlap Anthony Scott -- --
Dunlap Anthony Scott $1,000,000 --
Rhode Shari R $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vaca Homes Llc $1,920,000
Previous Owner Rhode Shari R $496,804
Previous Owner Dunlapand Anthony Scott $145,500
Previous Owner Dunlap Anthony Scott $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $3,200,000 -3.0% --
09/19/2020 09/19/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $3,299,000 -- --
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 $20,505 $2,152,795 $2,116,363 $36,432
2023 $20,505 $2,154,195 $2,116,363 $37,832
2022 $20,501 $2,116,363 $2,116,363 $0
2021 $6,516 $848,309 $848,309 $0
2020 $6,197 $848,309 $848,309 $0
2019 $4,412 $388,000 $388,000 $0
2018 $4,704 $511,024 $511,024 $0
2017 $3,976 $355,500 $0 $0
2016 $4,086 $355,500 $0 $0
2015 $4,070 $355,500 $0 $0
2014 $4,165 $355,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592509

Florida Keys Board of REALTORS®

APN: 00100740-000000