NOT LISTED FOR SALE

16 Flamingo Hammock Rd Islamorada, FL 33036

Estimated Value: $1,871,895 - $2,269,000

0.12 Acre
$17,200,198 Price per Acre
10,580 Sq Ft Lot

Last Sold May 09, 2014

Last sale price $120,000

Est. 1,634% increase in value since last sale

Current estimated payment $12,835/month

1 Day on Market

Highlights

  • Boat Ramp
  • Boat Slip
  • 1-minute walk to Founders Park
  • Plantation Key School Rated A-

About This Lot

As of May 2014

Vacant lot in popular Bay Hammock on Upper Matecumbe Key. Lot includes a boat slip in the community marina with immediate bay access.

Last Listed By

Holly Hight

Ocean Sotheby's International Realty License #3234318 Listed on: 04/10/2014

Ocean Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $383

Year Built

  • 2019

Lot Details

  • 10,580 Sq Ft Lot
  • Property is zoned R1 - Residential Single Family

HOA Fees

  • $42 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 00403041-001600

Community Details

Overview

  • Bay Hammock Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$383

Year Built

2019

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 3
  • Document Count: 3
  • 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 Dockage, Community Boat Ramp
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Seller Finance
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 382.93
  • Alternate Key Number: 8643403
  • Lot Sq Ft: 10580.00
  • Association Fee: 500.00
  • Association Maintenance Fee Per: Yearly
  • Mandatory HOA: Yes
  • Lot Dimensions: 92.0 ft x 115.0 ft
  • Miscellaneous Info Mobile Home Lot: No
  • Tax Exemptions: None
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: None
  • Waterfront: No
  • Waterview: No Waterview

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00403041-001600
  • Land Size: Less Than 1/4 Acre
  • Building Permit: Active Permit

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2022
Sold by
Kristian Terp Jon
Bought by
Baro Robert Alexander and Ortiz Miriam Jennifer
Total Days on Market
1
Current Estimated Value
$2,081,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,158,000
Outstanding Balance
$1,089,591
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$944,111

Purchase Details

Closed on
Aug 26, 2021
Sold by
Peterson Ryan and Minetree Marianne
Bought by
Terp Jon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,119,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2014
Closed on
May 2, 2014
Sold by
Harborgate Limited Partnership
Bought by
Peterson Ryan and Minetree Marianne
Seller's Agent
Holly Hight
Ocean Sotheby's International Realty
Buyer's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co.
List Price
$139,000
Sold Price
$120,000
Premium/Discount to List
-$19,000
-13.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.28%
Original Mortgage
$60,000
Interest Rate
10%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2013
Bought by
Peterson Ryan

Purchase Details

Closed on
Aug 19, 1997
Sold by
Thomas Hal and Thomas Sandra
Bought by
Bay Hammock Estates Lc

Purchase Details

Closed on
Aug 1, 1997
Bought by
Peterson Ryan

Purchase Details

Closed on
Jun 4, 1993
Sold by
Bay Hammock Land Corp
Bought by
Thomas Hal and Thomas Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1993
Bought by
Peterson Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.42%
Mortgage Type
Purchase Money Mortgage

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
Baro Robert Alexander $1,545,000 New Title Company Name
Terp Jon K $1,400,000 Attorney
Peterson Ryan $120,000 Attorney
Peterson Ryan $100 --
Bay Hammock Estates Lc $105,000 --
Peterson Ryan -- --
Thomas Hal $62,500 --
Peterson Ryan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baro Robert Alexander $1,158,000
Previous Owner Terp Jon K $1,119,000
Previous Owner Peterson Ryan $60,000
Previous Owner Thomas Hal $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2014 05/09/14 Sold $120,000 -13.7% --
04/11/2014 04/11/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $139,000 -- --
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 $15,054 $1,609,013 $759,587 $849,426
2023 $15,054 $1,544,206 $725,254 $818,952
2022 $12,674 $1,269,279 $497,715 $771,564
2021 $7,020 $667,272 $0 $0
2020 $6,959 $658,060 $186,632 $471,428
2019 $2,347 $279,816 $279,816 $0
2018 $1,949 $186,316 $186,316 $0
2017 $1,609 $114,000 $0 $0
2016 $1,678 $114,000 $0 $0
2015 $1,594 $107,910 $0 $0
2014 $1,228 $70,502 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Holly Hight

    Seller's Agent in 2014

    Holly Hight

    Ocean Sotheby's International Realty

    (305) 394-3083

    91 Total Sales

    Holly Hight
    Section Image

  • D

    Buyer's Agent in 2014

    Dave Wiley

    Coldwell Banker Schmitt Real Estate Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 564018

Florida Keys Board of REALTORS®

APN: 00403041-001600

Florida Monroe County Islamorada 33036

16 Flamingo Hammock Rd, Islamorada, FL

Homes for Sale in Islamorada, FL

This home is located at 16 Flamingo Hammock Rd, Islamorada, FL 33036 since 10 April 2014 and is currently estimated at $2,081,224. This property was built in 2019. 16 Flamingo Hammock Rd is a home located in Monroe County with nearby schools including Plantation Key School, Coral Shores High School, and Treasure Village Montessori Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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