NOT LISTED FOR SALE

16680 E Point Dr Summerland Key, FL 33042

Estimated Value: $1,242,000 - $1,486,000

2 Beds
3 Baths
1,801 Sq Ft
$768/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $1,300,000 $722 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,096/month

37 Days on Market

About This Home

As of August 2022

Enjoy Sparkling Open Water & Canal Views! from this gorgeous Concrete Block Construction stilted 2 bed/ 3 bath canal-front home in the desirable South Point neighborhood of Sugarloaf Shores. Ideal coastal living with open kitchen, dining & living-room that all lead out through a wall of sliding glass doors onto a walkway that connects to a large 2 story covered entertaining gazebo overlooking the canal and with views of the open water. Under the gazebo is a large entertaining space with a jacuzzi hot tub/spa. This beautiful home is situated on an enormous 16,500 sq ft lot that is fully fenced by a concrete wall for privacy, security & your pets to roam freely. Two electric gates allow entry & exit through the covered carport. 25ft Concrete seawall with davits for your boat. There is ample room creating a blank canvas for you to add a huge pool & create an enormous entertaining area leading from the covered gazebo that overlooks the water. Add luscious tropical landscaping or leave as is for low maintenance. 20 mins drive to Key West & world class diving & fishing is just minutes away.This one wont last!

Last Agent to Sell the Property

Lisa Swanson

The Agency Florida LLC License #BK3226537 Listed on: 06/16/2022

The Agency Florida LLC

Last Buyer's Agent

Lisa Swanson

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,107

Year Built

1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 17.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4350.25
  • Title: Negotiable
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking, RV Parking Open, Open Parking
  • Year Built: 1979
  • Alternate Key Number: 1215104
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 16500.00
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Shutters: Accordion, Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1801.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s), Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Wine Cooler, Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Workshop, Utility Room
  • Windows/Doors: Sliding Glass Doors, Other Windows/Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: The downstairs property was permitted in 1977 for 192 sf feet for use as bath and laundry room and 192 sf storage.

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Lanai, Hot Tub, Gazebo
  • Roof: Metal Roof
  • Waterview: Canal View, Open Water View
  • Pool: No

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE
  • Parcel Number: 00166976-007600
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.38

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 25, 2022
Sold by
Guido Nodal Jr Revocable Living Trust
Bought by
South Coast Kla Llc
Seller's Agent
Lisa Swanson
The Agency Florida LLC
Buyer's Agent
Lisa Swanson
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,495,000
Sold Price
$1,300,000
Premium/Discount to List
-$195,000
-13.04%
Current Estimated Value
$1,383,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,097
Avg. Annual Appreciation
1.97%
Original Mortgage
$700,000
Outstanding Balance
$670,292
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$712,805

Purchase Details

Closed on
Dec 11, 2020
Sold by
Nodal Guido and Nodal Guido F
Bought by
Nodal Guido and Guido Nodal Jr Revocable Living Trust

Purchase Details

Listed on
May 15, 2020
Closed on
Jul 9, 2020
Sold by
Richard Padron And Dolores Padron Trust and Padron Dolores
Bought by
Nodal Guido F
Seller's Agent
Michael Spirnak
Richard Padron And Associates (KW)
Buyer's Agent
Michael Spirnak
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.36%
Original Mortgage
$510,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2003
Sold by
Padron Richard and Padron Dolores
Bought by
Padron Richard and Padron Dolores

Purchase Details

Closed on
Aug 1, 1979
Bought by
Padron Richard And Dolores Trust 10/8/2003
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
South Coast Kla Llc $1,300,000 Oropeza Stones Cardenas Pllc
Nodal Guido -- None Available
Nodal Guido F $680,000 Sanchez & Ashby Pa
Padron Richard -- --
Padron Richard And Dolores Trust 10/8/2003 $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open South Coast Kla Llc $700,000
Previous Owner Nodal Guido F $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2022 08/26/22 Sold $1,300,000 -6.8% $722 / Sq Ft
07/10/2022 07/10/22 Price Changed $1,395,000 -6.7% $775 / Sq Ft
06/16/2022 06/16/22 For Sale $1,495,000 +119.9% $830 / Sq Ft
07/15/2020 07/15/20 Sold $680,000 -2.7% $378 / Sq Ft View Prior Sale
05/15/2020 05/15/20 For Sale $699,000 -- $388 / 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 $10,107 $1,098,921 $734,580 $364,341
2023 $10,107 $1,103,785 $748,440 $355,345
2022 $4,240 $451,825 $0 $0
2021 $4,350 $438,666 $0 $0
2020 $3,440 $336,233 $0 $0
2019 $3,377 $328,674 $0 $0
2018 $3,388 $322,546 $0 $0
2017 $3,297 $315,912 $0 $0
2016 $3,314 $309,415 $0 $0
2015 $3,403 $307,264 $0 $0
2014 $3,498 $304,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 601420

Key West Association of REALTORS®

APN: 00166976-007600