NOT LISTED FOR SALE

125 Milano Dr Islamorada, FL 33036

Estimated Value: $2,803,619 - $3,088,000

5 Beds
3 Baths
3,040 Sq Ft
$981/Sq Ft Est. Value

Last Sold January 06, 2021

Last sale price $1,630,000 $536 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $17,629/month

166 Days on Market

Highlights

  • Boat Lift
  • Concrete Pool
  • Outdoor Kitchen
  • Plantation Key School Rated A-
  • Home fronts a canal
  • 1-minute walk to Founders Park

About This Home

As of January 2021

Islamorada's favorite boating neighborhood, Venetian Shores, where quick access to the Atantic Ocean or Florida Bay and the Everglades National Park are just minutes away. This Concrete 5 Bedroom & seperate Private office home has all the amenities : Custom made Heated Pool with a over flowing heated Spa , a professionally laid out covered entertaing area that features a comfortable seating and relaxing area for many friends and family. 2 car garage with lots of AC storage for all of your boating needs. Above flood ground level Foyer entrance area with plenty of private space that leads to an interior staircase that takes you to a well thought out open floor plan with high ceilings. Updated Kitchen upstairs over looking the extra wide canal for some pleasure cooking.

Last Agent to Sell the Property

Tom Rodriguez

American Caribbean Real Estate, Christie's International Real Estate License #493286 Listed on: 05/15/2020

Last Buyer's Agent

Lorie LaLonde

American Caribbean Real Estate, Christie's International Real Estate License #3211570

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,283

Year Built

  • Built in 1992

Lot Details

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

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Metal Roof

Interior Spaces

  • 3,040 Sq Ft Home
  • Wet Bar
  • Bar
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Workshop
  • Storage
  • Utility Room
  • Canal Views
  • Home Security System

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Boat Lift
  • Balcony
  • Outdoor Kitchen
  • Exterior Lighting
  • Gazebo
  • Shed
  • Tiki or Chickee Hut
  • Attached Grill

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00409640-000000

Community Details

Overview

  • Venetian Shores Subdivision
  • Rental Restrictions

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,283

Year Built

Built in 1992

Lot Details

0

HOA Fees

$13 per month

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: 56
  • Dockage Dock Length: 70
  • Fee Includes: Other
  • 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
  • Neighborhood Feature: Bike Paths, Fire Hydrant
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7283.02
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Garage
  • Year Built: 1992
  • Alternate Key Number: 1501425
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Heat Pump, Central Air
  • Lot Sq Ft: 7000.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Shutters: Bahama, Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3040.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Wet Bar, Window Treatments, Security System, Storage, Granite Counter Top, Entrance Foyer, Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Microwave, More Appliances, Ice Machine, Dryer
  • Floor: Concrete, Tile
  • Specialty Rooms: Other, Workshop, Utility Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Bar, Shed, Outdoor Kitchen, Outdoor Shower, Lighting, Fencing, Hot Tub, Gazebo, Chickee Hut, Built-in Grill
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00409640-000000
  • Lot Size: 70x100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2021
Sold by
Pfendler Richard
Bought by
Pfendler Richard and Pfendler Scott
Current Estimated Value
$2,956,190

Purchase Details

Listed on
May 15, 2020
Closed on
Jan 6, 2021
Sold by
Nekhaila Sam and Nekhaila Dorothy
Bought by
Pfendler Scott and Pfendler Jean
Seller's Agent
Tom Rodriguez
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Lorie LaLonde
American Caribbean Real Estate, Christie's International Real Estate
List Price
$1,735,000
Sold Price
$1,630,000
Premium/Discount to List
-$105,000
-6.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.97%
Original Mortgage
$400,000
Outstanding Balance
$358,572
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,623,333

Purchase Details

Closed on
Feb 1, 2002
Sold by
Nekhaila Usama and Nekhaila Dorothy
Bought by
Nekhaila Sam and Nekhaila Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 1999
Sold by
Donnelly Distribution Inc
Bought by
Nekhaila Usama and Nekhaila Dorothy

Purchase Details

Closed on
Mar 3, 1994
Sold by
Amer Natl Bldg Corp
Bought by
Donnelly Dist Inc

Purchase Details

Closed on
Mar 1, 1994
Bought by
Nekhaila Family Trust 2/002

Purchase Details

Closed on
Oct 1, 1991
Bought by
Nekhaila Family Trust 2/002

Purchase Details

Closed on
Apr 1, 1990
Bought by
Nekhaila Family Trust 2/002

Purchase Details

Closed on
Nov 1, 1988
Bought by
Nekhaila Family Trust 2/002

Purchase Details

Closed on
Feb 1, 1971
Bought by
Nekhaila Family Trust 2/002
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
Pfendler Richard -- Accommodation
Pfendler Scott $1,630,000 Attorney
Nekhaila Sam -- --
Nekhaila Usama $545,000 --
Donnelly Dist Inc $450,000 --
Nekhaila Family Trust 2/002 $450,000 --
Nekhaila Family Trust 2/002 $100,000 --
Nekhaila Family Trust 2/002 $85,000 --
Nekhaila Family Trust 2/002 $50,000 --
Nekhaila Family Trust 2/002 $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pfendler Scott $400,000
Previous Owner Nekhaila Sam $100,000
Previous Owner Nekhaila Sam $860,000
Previous Owner Nekhaila Usama $475,000
Previous Owner Nekhaila Usama $650,000
Previous Owner Nekhaila Usama $496,000
Previous Owner Nekhaila Usama $49,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2021 01/06/21 Sold $1,630,000 -6.1% $536 / Sq Ft
05/15/2020 05/15/20 For Sale $1,735,000 -- $571 / 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 $18,096 $2,071,077 $1,134,000 $937,077
2023 $18,096 $2,017,348 $1,113,000 $904,348
2022 $16,162 $1,649,702 $735,000 $914,702
2021 $13,628 $1,312,605 $490,000 $822,605
2020 $7,310 $694,302 $0 $0
2019 $7,283 $678,693 $0 $0
2018 $7,108 $666,039 $0 $0
2017 $6,835 $652,340 $0 $0
2016 $7,063 $638,923 $0 $0
2015 $6,899 $634,482 $0 $0
2014 $6,895 $629,446 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590900

Florida Keys Board of REALTORS®

APN: 00409640-000000