NOT LISTED FOR SALE

14 Flamingo Hammock Rd Islamorada, FL 33036

Estimated Value: $2,563,000 - $2,843,000

0.49 Acre
$5,597,177 Price per Acre
21,160 Sq Ft Lot

Last Sold October 11, 2013

Last sale price $165,000

Est. 1,548% increase in value since last sale

Current estimated payment $16,745/month

381 Days on Market

Highlights

  • Boat Ramp
  • Property fronts gulf or ocean
  • Wooded Lot
  • Plantation Key School Rated A-
  • Boat Slip
  • 1-minute walk to Founders Park

About This Lot

As of October 2013

DOUBLE YOUR PLEASURE IN ISLAMORADA BAYFRONT COMMUNITY! 2 lots with 2 boat slips & one active building permit in Bay Hammock, Upper Matecumbe's exclusive gated bayfront community, just steps to the community boat basin, boat ramp and sunset viewing deck, privacy abounds in this tropical hammock getaway, start building today, plans for a magnificent multilevel home! PRICED TO SELL!!!

Last Listed By

Karan Moeller

Ocean Sotheby's International Realty License #0619230 Listed on: 08/23/2012

Ocean Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $873

Year Built

  • 2017

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 184x115
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Cul-De-Sac
  • Wooded Lot
  • 2 Lots in the community
  • Property is zoned R1 - Residential Single Family

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • Electric Gate

Listing and Financial Details

  • Assessor Parcel Number 00403041-001400

Community Details

Overview

  • Bay Hammock Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Ramp
  • Boat Ramp
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$873

Year Built

2017

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Lots and Land
  • Additional Assessor Parcel Number 1: 8643390
  • As Is Right To Inspect: Yes
  • Control Depth: 34
  • Document Count: 5
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Mile Marker: 83.20
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 872.68
  • Title: Title Ins - Buyer
  • Alternate Key Number: 8643381
  • Lot Sq Ft: 21160.00
  • Species List: Yes
  • Association Fee: 1000.00
  • Association Maintenance Fee Per: Yearly
  • Mandatory HOA: Yes
  • Location Site: Paved Street, Hardwood, Wooded Lot, Cul-de-Sac, Water Frontage
  • Lot Dimensions: 184x115
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: Yes
  • Water Main Inquiry File: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2017

Exterior Features

  • Dockage: Boat Ramp, Basin, Boat Slip
  • Waterfront: Bay Front, Canal Front, Gulf Front
  • Waterfront: Yes
  • Waterview: No Waterview

Utilities

  • Security: Electric Gate

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE 7
  • Parcel Number: 00403041-001400
  • Land Size: 1/4 - 1/2 Acre
  • Building Permit: Active Permit
  • Total Lots: 2.00

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Terp Jon Kristian
Bought by
J Kristian Terp Revocable Trust and Terp
Total Days on Market
381
Current Estimated Value
$2,718,923

Purchase Details

Closed on
Feb 10, 2022
Sold by
Jesus Cabrera Francisco and Jesus Marie Donna
Bought by
Terp Jon Kristian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,648,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2012
Closed on
Oct 11, 2013
Sold by
Rock River Property Holdings Llc
Bought by
Cabrera Francisco Jesus and Cabrera Donna Marie
Seller's Agent
Karan Moeller
Ocean Sotheby's International Realty
Buyer's Agent
James Mooney Jr. P.A.
Moorings Realty, Inc
List Price
$189,000
Sold Price
$165,000
Premium/Discount to List
-$24,000
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.08%

Purchase Details

Closed on
Mar 9, 2011
Sold by
Cso Llc
Bought by
Rock River Property Holdings Llc

Purchase Details

Closed on
Oct 14, 2008
Sold by
Pegram Mary and Kelley Allison C
Bought by
Cso Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2002
Sold by
Lafferty Jeffrey W and Lafferty Jane G
Bought by
Pegram Mary and Kelley Allison C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7%
Mortgage Type
Seller Take Back

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
J Kristian Terp Revocable Trust -- None Listed On Document
Terp Jon Kristian $2,060,000 Hershoff Lupino & Yagel Llp
Cabrera Francisco Jesus $165,000 Coastal Title & Closing Serv
Rock River Property Holdings Llc $3,280,300 Attorney
Cso Llc $350,000 Dba Fl Title Of The Keys
Pegram Mary $145,000 Coral Reef Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terp Jon Kristian $1,648,000
Previous Owner Cso Llc $150,000
Previous Owner Pegram Mary $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2013 10/11/13 Sold $165,000 -12.7% --
09/08/2013 09/08/13 Pending -- -- --
08/23/2012 08/23/12 For Sale $189,000 -- --
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 $19,054 $2,071,261 $1,177,268 $893,993
2023 $19,054 $1,984,841 $1,124,713 $860,128
2022 $11,776 $1,612,001 $766,714 $845,287
2021 $9,407 $873,841 $324,771 $549,070
2020 $9,146 $842,989 $287,605 $555,384
2019 $9,301 $841,759 $285,032 $556,727
2018 $8,708 $813,803 $256,641 $557,162
2017 $2,847 $196,800 $0 $0
2016 $2,522 $196,498 $0 $0
2015 $3,081 $256,135 $0 $0
2014 $2,963 $241,385 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 558816

Florida Keys Board of REALTORS®

APN: 00403041-001400