NOT LISTED FOR SALE

17036 Wahoo Ln Summerland Key, FL 33042

Estimated Value: $526,000 - $883,000

3 Beds
2 Baths
1,840 Sq Ft
$403/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $1,325,000 $720 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $4,283/month

29 Days on Market

Highlights

  • Ocean View
  • RV Parking in Community
  • Cathedral Ceiling
  • RV or Boat Parking
  • Home fronts a canal
  • Wood Flooring

About This Home

As of August 2023

Nestled at the end of peaceful Wahoo Lane, on an oversized lot boasting stunning Open Water Views, sits a spacious waterfront home packed with island charm. The home invites the outdoors in with views spanning the back wall of the house. Exposed original wood beams and hardwood floors provide an abundance of character, while a spacious main living area flows into a large kitchen, ideal for entertaining. The downstairs storage area can be fully customized to suit a multitude of purposes, and a spacious separate garage provides additional space for storing multiple vehicles, tools, and equipment. Oriented to take full advantage of the prevailing winds, enjoy endless sea breezes and tranquil sounds of the waves from an oversized open back balcony boasting Views of the Ocean beyond. This property boasts loads of potential, with plenty of room for a pool or customized outdoor entertaining space, and while in need of improvements, this is the perfect opportunity to personalize your own slice of paradise. With 100 feet of waterfront and quick access to Open Water, the location is ideal for the avid boater or angler. Situated in the established, quiet neighborhood of Sugarloaf Shores, but just minutes to restaurants and night life, this property encompasses the coveted Keys lifestyle. Schedule a tour to see this rare island treasure today!

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677 Listed on: 06/12/2023

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt RE Co. Lower Keys Office License #605677

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,481

Year Built

  • Built in 1965

Lot Details

  • 0.57 Acre Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Property Views

  • Ocean
  • Canal

Home Design

  • Frame Construction
  • Tile Roof

Interior Spaces

  • 1,840 Sq Ft Home
  • Cathedral Ceiling
  • Fireplace
  • Entrance Foyer
  • Storage

Kitchen

  • Oven
  • Range
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Seawall
  • Balcony
  • Outdoor Storage

Utilities

  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00165450-000000

Community Details

Overview

  • No Home Owners Association
  • Sugarloaf Shores Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,481

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00165460-000000
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Control Depth: 3
  • Dockage Seawall: 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
  • Neighborhood Feature: Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2481.39
  • Title: Negotiable
  • Vehicle Storage: Garage, RV Parking Open, Off Street Parking, Open Parking
  • Year Built: 1965
  • Alternate Key Number: 1210951
  • Cooling Heating: Ductless
  • Lot Sq Ft: 25000.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Other
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1840.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Storage, Built-in Cabinets, Entrance Foyer, Fireplace(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Oven, Range, Refrigerator, Dryer
  • Floor: Tile, Other, Wood
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Storage
  • Roof: Tile Roof
  • Waterview: Ocean View, Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00165450-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.57

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Aug 4, 2023
Sold by
Glynn Sandra L
Bought by
Resort Beach Properties Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$1,699,000
Sold Price
$1,325,000
Premium/Discount to List
-$374,000
-22.01%
Views
29
Current Estimated Value
$746,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$579,000
Avg. Annual Appreciation
-13.74%

Purchase Details

Closed on
Feb 1, 1974
Bought by
Glynn John T and Glynn Sandra L
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
Resort Beach Properties Llc $1,325,000 None Listed On Document
Glynn John T $3,600 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $1,325,000 -22.0% $720 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $1,699,000 -- $923 / Sq Ft
Source: Marathon and Lower Keys 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 $2,393 $354,124 $353,125 $999
2023 $2,393 $375,999 $375,000 $999
2022 $2,068 $300,999 $300,000 $999
2021 $1,790 $200,999 $200,000 $999
2020 $1,622 $175,999 $175,000 $999
2019 $1,578 $175,999 $175,000 $999
2018 $1,719 $232,249 $231,250 $999
2017 $1,686 $250,999 $0 $0
2016 $1,488 $200,999 $0 $0
2015 $1,240 $138,369 $0 $0
2014 $1,222 $138,288 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 605643

APN: 00165460-000000