NOT LISTED FOR SALE

1300 Sunset Blvd Summerland Key, FL 33042

Estimated Value: $4,560,000 - $12,563,760

6 Beds
8 Baths
7,720 Sq Ft
$1,109/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $13,465,371 $1,744 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $54,450/month

353 Days on Market

About This Home

As of June 2024

Just minutes from Key West, Tarpon Ranch is Summerland Key's finest private estate and the epitome of relaxed elegance. Designed by one of the best, it's a masterful union of architectural splendor with the casual atmosphere that defines the Keys lifestyle. Through the custom front gates, past a custom bronze tarpon fountain to a jaw dropping porte-cochere with exposed Ipe wooden trusses & columns are exquisite details everywhere your eyes focus. Dramatic 19' soaring cathedral ceilings, distressed & stained pine beams, magnificent Ipe pillars & custom 10 ft nano impact mahogany doors that completely open the whole house up to view the Atlantic. One of a kind heated and chilled, salt water infinity pool, competition depth with inlaid tarpon lane (25 yards) and even a swim up bar with stools. The 6 bedrooms, 6 full & 2 1/2 baths, are evenly split between the main house and the guest house by a covered breezeway. The huge great room wraps around a stunning chef's kitchen with top of the line Viking, Subzero & Miele appliances, blue labradorite granite counters w/custom inset nautilus shells. The great room also includes a casual dining area & a full custom walnut bar with ice maker, dishwasher, wine cooler & 2 subzero refrigerator drawers. Dine in a formal dining room or cook next to the pool in your indoor outdoor kitchen w/top of the line Lynx Professional & Kalamazoo appliances which opens directly to the indoor or outdoor sun room. A 520 bottle wine room, whole home generator, 330 gallon aquarium, enormous carport parking for at least 6 flats boats & multiple cars w/direct access to boat ramp, 100' seawall on a protected canal, 2 boat lifts, elevator, gym, 2 car garage, covered entertaining game room areas & even a room to view your pool through a pair of mermaid windows. 3 sets of washer & dryers. The list goes on...you will be amazed! Located within sight of world class & world famous tarpon flats.

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 05/11/2023

Co-Listed By

Team Spottswood/Vazquez

Truman & Co. (KW) Brokerage Phone: 305-587-3407

Last Buyer's Agent

Jenna Stauffer

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,012

Year Built

2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock Length: 100
  • Dockage Seawall: Concrete
  • Document Count: 3
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 84163.67
  • Vehicle Storage: Garage, Trailer Storage, Covered Parking, Off Street Parking, Guest Parking, Carport
  • Vehicle Storage Cars: 4+
  • Year Built: 2015
  • Alternate Key Number: 1257672
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 58629.00
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 7720.00
  • Pre Wired: Cable, Surround Sound
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Bar, Window Treatments, Walk-in Closet(s), Storage, Elevator, Granite Counter Top, Entrance Foyer, Split Bedroom, Cathedral Ceilings, Wet Bar
  • Total Bathrooms: 8.00
  • Full Bathrooms: 6
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Gas Appliances, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood, Concrete, Marble
  • Half Bathrooms: 2
  • Specialty Rooms: Gym, Workshop, Utility Room, Laundry Room
  • Windows/Doors: French Doors, Impact Rstnce Window, Impact Rstnce Doors, Other Windows/Doors, Aluminum Windows, Glass Doors
  • Total Bedrooms: 6
  • Accessibility Features: Accessible Elevator Installed
  • Sq Ft Remarks: Buyer to verify square footage

Exterior Features

  • Dockage: Boat Lift, Boat Ramp
  • Waterfront: Oceanfront, Open Water, Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Bar, Water Display, Storage, Sprinkler System, Outdoor Shower, Outdoor Kitchen, Lanai, Lighting, Rain Gutters, Detached Guest Qtrs, Chickee Hut, Built-in Grill
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Propane, Whole House Generatr, Buyer to Verify, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,AE
  • Parcel Number: 00195990-000000
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.35

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 4, 2024
Sold by
Ctre Sunset Blvd Llc
Bought by
Bentley Trust and Fulton
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Jenna Stauffer
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$17,999,900
Sold Price
$13,465,372
Premium/Discount to List
-$4,534,528
-25.19%
Views
1250
Current Estimated Value
$8,574,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,890,392
Avg. Annual Appreciation
-32.09%
Original Mortgage
$8,742,500
Outstanding Balance
$8,665,295
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$103,415

Purchase Details

Closed on
Jan 1, 2024
Sold by
Ctre14 Llc
Bought by
Ctre Sunset Blvd Llc

Purchase Details

Closed on
Mar 1, 2021
Sold by
Gordon Linda
Bought by
Ltg 2020 Llc

Purchase Details

Listed on
Nov 13, 2018
Closed on
Nov 13, 2020
Sold by
Holt John H
Bought by
Ctre14 Llc
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Terri Spottswood
Truman & Co. (KW)
List Price
$13,900,000
Sold Price
$10,450,000
Premium/Discount to List
-$3,450,000
-24.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.13%

Purchase Details

Listed on
Dec 3, 2012
Closed on
Nov 30, 2012
Sold by
Rhog Inc
Bought by
Holt John H
Seller's Agent
Richard Medlin
WES Real Estate, Inc.
Buyer's Agent
Mark Molback
Florida Keys Real Estate Company (KW)
List Price
$3,500,000
Sold Price
$3,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.89%

Purchase Details

Closed on
Aug 1, 1983
Bought by
Holt John H
Source: Public Records

Range of Values:

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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
Bentley Trust $13,465,371 None Listed On Document
Ctre Sunset Blvd Llc -- None Listed On Document
Ctre Sunset Blvd Llc -- None Listed On Document
Ltg 2020 Llc -- Attorney
Ctre14 Llc $10,450,000 Attorney
Ctre14 Llc $10,450,000 None Listed On Document
Holt John H $3,500,000 First American Title Ins Co
Holt John H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bentley Trust $8,742,500
Previous Owner Holt John H $17,955
Previous Owner Holt John $1,000,000
Previous Owner Holt John H $5,330,000
Previous Owner Holt John H $3,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $13,465,372 -25.2% $1,744 / Sq Ft
05/11/2023 05/11/23 For Sale $17,999,900 +72.2% $2,332 / Sq Ft
11/13/2020 11/13/20 Sold $10,450,000 -24.8% $1,354 / Sq Ft
11/13/2018 11/13/18 For Sale $13,900,000 +297.1% $1,801 / Sq Ft
12/28/2012 12/28/12 Sold $3,500,000 0.0% $761 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
12/03/2012 12/03/12 For Sale $3,500,000 -- $761 / Sq Ft
Source: Key West Association 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 $90,012 $11,394,981 $5,749,679 $5,645,302
2023 $90,012 $11,137,017 $5,628,396 $5,508,621
2022 $84,164 $10,795,022 $5,311,799 $5,483,223
2021 $77,820 $8,441,823 $3,382,905 $5,058,918
2020 $69,079 $7,405,448 $2,626,591 $4,778,857
2019 $64,977 $7,209,633 $2,369,668 $4,839,965
2018 $62,847 $7,149,883 $2,369,668 $4,780,215
2017 $56,603 $6,453,359 $0 $0
2016 $54,102 $6,153,714 $0 $0
2015 $7,421 $734,338 $0 $0
2014 $7,709 $729,518 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 605262

Key West Association of REALTORS®

APN: 00195990-000000