NOT LISTED FOR SALE

17275 Keystone Rd Summerland Key, FL 33042

Estimated Value: $2,278,000 - $2,870,000

3 Beds
3 Baths
2,630 Sq Ft
$954/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $2,250,000 $856 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $14,345/month

1 Day on Market

Highlights

  • Airstrip
  • Dock made with concrete
  • RV or Boat Parking
  • Boat Ramp
  • Concrete Pool
  • RV Parking in Community

About This Home

As of December 2021

Impressive Luxury Waterfront Tropical Oasis! Located on prestigious Sugarloaf Key only 20 min from Key West, this spectacular 3 bed 3 bath 2 story waterfront residence is custom built to withstand natures forces with its solid poured concrete flooring, pilings & 8 inch thick concrete roof to create a true fortress. Totally unique-there is a 10' Vehicular concrete ramp on the side of the house that leads to the main level to keep cars out of floods or to unload groceries. This immaculate 2630sft residence has a bright tropical open feel, expansive concrete decks & a huge 2-car garage w/storage area underneath. New impact resistant doors/windows throughout. The new gourmet kitchen features 2 Viking ovens, s/s appliances, custom cabinetry & quartz countertops. 2 spacious guest bedrooms, one has a large walk-in closet & 2nd bed is accessible with an ensuite bathroom. The primary suite is the entire 2nd floor for maximum privacy, featuring Mahogany floors, 10' cypress ceilings, ensuite bathroom, a large Mahogany walk-in closet & a separate enclosed room that could be used as a private office or reading area that opens to an open deck with exquisite views. The open living/dining area is ideal for entertaining with cypress ceilings & leads out onto a screened porch where you will spend many evenings sipping cocktails while living the Keys dream. The entire back yard is your ultimate tropical oasis with a sparkling inground concrete heated & chilled salt pool surrounded by travertine pavers. The Tiki Hut has a custom bar, 2 TV's, covered outdoor kitchen with s/s countertops. Lush, irrigated landscaping w/professional lighting completes your private & secluded outdoor entertainment paradise! 1,300 gal. aluminum cistern. New Generac generator w/propane tanks. 40' concrete seawall w/ a set of 5,500lb davits. 100ft canal frontage. Army Corps approval for 15,000lb boat lift. Quick Ocean access to world class fishing & diving with no bridges!

Last Agent to Sell the Property

Lisa Swanson

Coldwell Banker Schmitt Real Estate Co. Listed on: 10/29/2021

Last Buyer's Agent

Lisa Swanson

Berkshire Hathaway HomeServices Knight & Gardner Realty License #BK3226537

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,365

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 0.46 Acre Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,630 Sq Ft Home
  • Partially Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Workshop
  • Sun or Florida Room
  • Storage
  • Utility Room
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Carport
  • Automatic Garage Door Opener
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Kitchen
  • Handicap Accessible
  • Accessible Doors
  • Accessible Ramps
  • Accessible Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Davits
  • Dock made with concrete
  • Screened Balcony
  • Deck
  • Patio
  • Outdoor Kitchen
  • Lanai
  • Exterior Lighting
  • Shed
  • Tiki or Chickee Hut
  • Rain Gutters

Utilities

  • Central Air
  • Whole House Permanent Generator
  • Propane
  • Cistern
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00166630-000000

Community Details

Overview

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

Recreation

  • Boat Ramp
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,365

Year Built

Built in 2005 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 520
  • Fee Includes: None
  • Handicap Access: Yes
  • 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: Airstrip, Community Boat Ramp, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 8364.65
  • Title: Negotiable
  • Vehicle Storage: Auto Door Opener, Trailer Storage, Off Street Parking, RV Parking Open, Open Parking, Garage, Guest Parking, Covered Parking, Carport
  • Vehicle Storage Cars: 2
  • Year Built: 2005
  • Alternate Key Number: 1212105
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 20017.00
  • Pool Info: Concrete, In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Screened P/B, Patio, Open Porch/Balcony
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2630.00
  • Pool Info Other: Chiller, Salt pool
  • Pre Wired: Cable, Surround Sound
  • G F Utilities: Cistern
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Window Treatments, Quartz Countertops, Walk-in Closet(s), Storage, Smoke Alarms, Drapes/Blinds Incl, Cathedral Ceilings, Built-in Cabinets
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Oven, Microwave, Gas Appliances, Freezer, Dryer, Disposal
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room, Utility Room, Workshop, Sun/Florida Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: Accessible, Wheelchair Ramp, Parking, Accessible Kitchen, Accessible Full Bath, Accessible Doors

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Stucco, Concrete
  • Exterior Features: Bar, Storage, Shed, Sprinkler System, Privacy Wall/Fence, Rain Gutters, Outdoor Kitchen, Outdoor Shower, Lanai, Lighting, Fruit Tree(s), Fencing, Chickee Hut
  • Roof: Concrete Roof
  • Waterview: Canal View, Open Water View
  • Pool: Yes

Utilities

  • Security: Other
  • Utilities: Cable Available, Whole House Generatr, FKAA, Propane, Municipal Sewer, Cistern

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE
  • Parcel Number: 00166630-000000
  • Lot Size: 100 canal front x 200 approx
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.46

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 20, 2021
Sold by
Shields Catherine A
Bought by
Korndorf Nicholaus and Korndorf Lisa
Seller's Agent
Lisa Swanson
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Lisa Swanson
Coldwell Banker Schmitt Real Estate Co.
List Price
$2,250,000
Sold Price
$2,250,000
Current Estimated Value
$2,508,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,768
Avg. Annual Appreciation
2.94%
Original Mortgage
$1,200,000
Outstanding Balance
$1,089,608
Interest Rate
1.88%
Mortgage Type
New Conventional
Estimated Equity
$1,419,160

Purchase Details

Listed on
Apr 25, 2015
Closed on
Dec 1, 2016
Sold by
Klimowich Edward J and Klimowich Janet C
Bought by
Shields Edward A and Shields Catherine A
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$1,250,000
Sold Price
$1,000,000
Premium/Discount to List
-$250,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.42%

Purchase Details

Closed on
Oct 1, 1989
Bought by
Klimowich Edward J and Klimowich Janet C

Purchase Details

Closed on
Jun 1, 1979
Bought by
Klimowich Edward J and Klimowich Janet C
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
Korndorf Nicholaus $2,250,000 Oropeza Stones Cardenas Pllc
Shields Edward A $1,000,000 Attorney
Klimowich Edward J $69,500 --
Klimowich Edward J $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korndorf Nicholaus $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $2,250,000 0.0% $856 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $2,250,000 +125.0% $856 / Sq Ft
12/01/2016 12/01/16 Sold $1,000,000 -20.0% $402 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
04/25/2015 04/25/15 For Sale $1,250,000 -- $503 / Sq Ft
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 $13,154 $1,560,038 -- --
2023 $13,154 $1,505,377 $0 $0
2022 $12,809 $1,461,532 $0 $0
2021 $8,750 $921,027 $0 $0
2020 $8,713 $908,311 $320,042 $588,269
2019 $8,850 $919,590 $323,275 $596,315
2018 $8,140 $820,647 $316,809 $503,838
2017 $9,169 $895,314 $0 $0
2016 $7,308 $718,927 $0 $0
2015 $7,512 $713,929 $0 $0
2014 $7,761 $708,263 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598281

Florida Keys Board of REALTORS®

APN: 00166630-000000