NOT LISTED FOR SALE

16610 Cypress Rd Summerland Key, FL 33042

Estimated Value: $1,386,000 - $1,583,000

3 Beds
3 Baths
1,200 Sq Ft
$1,222/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $750,000 $625 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $8,429/month

115 Days on Market

Highlights

  • Property has ocean access
  • Boating
  • RV or Boat Parking
  • Private Dock
  • Boat Lift
  • 1-minute walk to Bay Point Park Playground

About This Home

As of May 2020

Only 20 mins to Key West! Spectacular water views and only one in from open water in the prestigious South Point neighborhood of Sugarloaf Shores. This gorgeous 3 BR 3 BA custom built C.B.S home sits on a 15,000SF lot with lush tropical landscaping, 100FT waterfront with concrete seawall, davits, boat lift and concrete boat ramp. Metal Roof, hurricane impact doors & windows. New central A/C. Downstairs is enclosed with a spacious area with glass sliding doors that lead out to an Open Porch. The 576SF garage has room for 2 cars and storage for tools and water toys. The yard is gated and fenced. There is plenty of room for parking & lots of room for a pool.

Last Agent to Sell the Property

Lisa Swanson

Berkshire Hathaway Knight & Gardner Realty License #3226537 Listed on: 02/18/2020

Berkshire Hathaway Knight & Gardner Realty

Last Buyer's Agent

Lisa Swanson

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,920

Year Built

  • Built in 1980

Lot Details

  • 0.34 Acre Lot
  • 100 Ft Wide Lot
  • Home fronts a canal
  • Southeast Facing Home
  • Fenced
  • Property is zoned is

Parking

  • 2 Car Garage
  • Circular Driveway
  • Open Parking
  • RV or Boat Parking

Property Views

  • Bay
  • Canal

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring
  • High Impact Door

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Room in yard for a pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Seawall
  • Boat Lock
  • Boat Lift
  • Boat Hoist or Davit
  • Private Dock
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00166976-011100

Community Details

Overview

  • No Home Owners Association
  • Sugarloaf Shores Sec F Re Subdivision

Recreation

  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,920

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Boatlock,Boat Hoists/Davits,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SUGARLOAF SHORES SEC F RE
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Washer
  • Interior Amenities: Second Floor Entry, Other
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1200
  • Possible Use: Investment
  • Bedroom Features: None
  • Living Room Features: Other

Exterior Features

  • Roof: Metal Roof
  • View: Bay, Canal
  • Exterior Features: Outdoor Shower, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Porch, Wrap Around
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Canal Front, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SUGARLOAF SHORES SEC F RE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Rv/Boat Parking

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Boating

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00166976-011100
  • Lot Size Sq Ft: 15000
  • Zoning: is
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
May 27, 2020
Sold by
Demendoza Sergio G and Duany Enid
Bought by
8948 Ridgeland Dr Llc
Seller's Agent
Lisa Swanson
Berkshire Hathaway Knight & Gardner Realty
Buyer's Agent
Lisa Swanson
Coldwell Banker Realty
List Price
$899,000
Sold Price
$750,000
Premium/Discount to List
-$149,000
-16.57%
Current Estimated Value
$1,466,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,149
Avg. Annual Appreciation
13.32%

Purchase Details

Listed on
Feb 18, 2020
Closed on
May 26, 2020
Sold by
Mendoza Sergio G De and Mendoza Enid Duany
Bought by
8948 Ridgeland Dr Llc and 20615 Jacaranda Road Llc
Seller's Agent
Lisa Swanson
Berkshire Hathaway Knight & Gardner Realty
Buyer's Agent
Lisa Swanson
Coldwell Banker Realty
List Price
$899,000
Sold Price
$750,000
Premium/Discount to List
-$149,000
-16.57%

Purchase Details

Closed on
Mar 29, 2004
Sold by
The Nature Conservancy
Bought by
Demendoza Sergio and Mendoza Enid Duany

Purchase Details

Closed on
Mar 1, 1994
Bought by
Demendoza Sergio G

Purchase Details

Closed on
Apr 1, 1984
Bought by
Demendoza Sergio G

Purchase Details

Closed on
Mar 1, 1979
Bought by
Demendoza Sergio G
Source: Public Records

Range of Values:

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Average Value
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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
8948 Ridgeland Dr Llc $7,892,857 None Listed On Document
8948 Ridgeland Dr Llc $750,000 Attorney
Demendoza Sergio -- --
Demendoza Sergio G $215,000 --
Demendoza Sergio G $120,000 --
Demendoza Sergio G $20,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2020 05/26/20 Sold $750,000 0.0% $625 / Sq Ft
05/26/2020 05/26/20 Sold $750,000 -11.7% $625 / Sq Ft View Prior Sale
05/11/2020 05/11/20 Pending -- -- --
04/26/2020 04/26/20 Pending -- -- --
02/20/2020 02/20/20 Price Changed $849,000 0.0% $708 / Sq Ft
02/20/2020 02/20/20 Price Changed $849,000 -5.6% $708 / Sq Ft
01/27/2020 01/27/20 Price Changed $899,000 0.0% $749 / Sq Ft
01/17/2020 01/17/20 For Sale $899,000 -5.4% $749 / Sq Ft
01/17/2020 01/17/20 For Sale $950,000 -- $792 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $8,880 $1,402,870 $1,024,940 $377,930
2023 $8,880 $1,298,878 $1,017,671 $281,207
2022 $7,350 $900,607 $621,506 $279,101
2021 $6,617 $646,168 $388,896 $257,272
2020 $6,356 $611,685 $319,839 $291,846
2019 $5,920 $562,285 $357,113 $205,172
2018 $5,851 $563,804 $361,125 $202,679
2017 $5,226 $479,070 $0 $0
2016 $5,498 $595,694 $0 $0
2015 $4,897 $448,073 $0 $0
2014 $4,513 $359,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10820084

MIAMI REALTORS® MLS

APN: 00166976-011100