NOT LISTED FOR SALE

173 Coral Ave Tavernier, FL 33070

Estimated Value: $2,331,000 - $2,824,000

4 Beds
3 Baths
3,170 Sq Ft
$798/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $2,200,000 $694 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $14,473/month

395 Days on Market

Highlights

  • Boat Ramp
  • Dock made with concrete
  • RV or Boat Parking
  • Plantation Key School Rated A-
  • Boat Lift
  • 1-minute walk to Old Settler's Park

About This Home

As of May 2023

''Tranquility in Tavernier''BEST VALUE on Plantation Key for a single family remodeled and spacious home at $788/sq. ft. As you enter the grand foyer you will experience sweeping waterfront views from each living level of this custom and newly updated 3,170 sq. ft. CBS home in Kahiki Harbor. The interior epitomizes island living with timeless and elegant coastal design elements.Greet the day with coffee and coastal breezes on your screened lanai overlooking the canal. Set out from your 65 foot protected concrete dock complete with a 10,000 pound lift plus davits for direct bay and ocean access via Tavernier Creek to enjoy world class fishing and diving. Return home at sunset to host friends and family beside the canal where you can serve food from the downstairs kitchenette, or build a summer kitchen to share alfresco meals year round.The open concept floor plan is designed for entertaining with four bedrooms and three full bathrooms. Two bedrooms share a full bath downstairs with a private living space and direct outdoor access via impact sliding glass doors. The main living level upstairs features a third guest suite with full bath and the master suite. The stately master suite is appointed with a walk-in rain shower, double vanity, his-and-her closets, and built-in storage doubling as a bay window. Finishes and appointments include granite and antiqued white kitchen cabinets with stainless steel appliances, cathedral ceilings, crown moulding, ceramic tile throughout, ice maker, impact windows and sliding doors, recessed lighting and a custom keystone gas fireplace that functions as the center of the great room. Rare features of this Keys home include the high elevation, oversized garage, and interior stairs from ground level. Fully gated property lined with mature palms, custom paved driveway and plenty of room for a pool. A prime locale for experiencing all that Tavernier and Islamorada has to offer while staying within a short drive to M

Last Agent to Sell the Property

TEAM Walters Gloria, Rachel and Michae

Ocean Sotheby's International Realty License #662034_1 Listed on: 03/08/2022

Last Buyer's Agent

Jamie Engel

Coldwell Banker Schmitt Islamorada License #3125869

Coldwell Banker Schmitt Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,165

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 6,500 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,170 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Davits
  • Seawall
  • Boat Lift
  • Dock made with concrete
  • Screened Balcony
  • Deck
  • Screened Patio

Utilities

  • Central Air
  • Propane
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00424900-000000

Community Details

Overview

  • Kahiki Harbor Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Boat Ramp
  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,165

Year Built

Built in 1995 | Remodeled

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 100.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Dockage Dock Length: 65
  • Dockage Seawall: Concrete
  • Document Count: 2
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 91.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Dockage, Other Area Features, Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 8165.21
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, RV Parking Open, Off Street Parking, Guest Parking, Open Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1995
  • Alternate Key Number: 1522902
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 6500.00
  • Porch Balcony: Open Porch/Balcony, Deck, Screened Patio, Screened P/B
  • Association Maintenance Fee Per: Yearly
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3170.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • 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: Drapes/Blinds Incl, Built-in Cabinets, Bar, Window Treatments, Storage, Smoke Alarms, Granite Counter Top, Pantry, Fireplace(s), Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Ice Machine, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Other
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4
  • Sq Ft Remarks: Legal downstairs living area makes this home very spacious for a large family-guests PLUS a garage not inc. in the space

Exterior Features

  • Dockage: Davits, Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Community Swr Plant, Propane, Cable Available, Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00424900-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
May 24, 2023
Sold by
Roberts Glenn T and Roberts Sherri Ann
Bought by
Arnold Revocable Trust
Seller's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
Buyer's Agent
Jamie Engel
Coldwell Banker Schmitt Islamorada
List Price
$2,599,999
Sold Price
$2,200,000
Premium/Discount to List
-$399,999
-15.38%
Views
46
Current Estimated Value
$2,528,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,786
Avg. Annual Appreciation
7.20%
Original Mortgage
$1,760,000
Outstanding Balance
$1,706,935
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$865,646

Purchase Details

Closed on
Mar 31, 2021
Sold by
Roberts Glenn T and Roberts Valerie L
Bought by
Roberts Glenn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,251
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2015
Sold by
Smith John H
Bought by
Smith John H

Purchase Details

Listed on
Oct 15, 2012
Closed on
Jul 17, 2013
Sold by
Murrell Scott G and Murrell Patrice E
Bought by
Roberts Glenn T and Roberts Valerie L
Seller's Agent
Jude Lindback, P.a.
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Gloria Walters
Century 21 Prestige Realty Grp, Tavernier
List Price
$949,500
Sold Price
$855,000
Premium/Discount to List
-$94,500
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$582,187
Interest Rate
3.91%
Mortgage Type
VA

Purchase Details

Closed on
Mar 26, 2004
Sold by
Lett Edward V and Lett Bonney K
Bought by
Murrell Scott G and Murrell Patrice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2003
Sold by
Lett Edward V
Bought by
Lett Edward and Lett Bonney K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 1998
Sold by
Wightman Charles E and Wightman Diana M
Bought by
Lett Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 1994
Sold by
Dunn Patrick M and Dunn Nancy W
Bought by
Wightman Charles Edward and Wightman Diana M

Purchase Details

Closed on
Jan 1, 1994
Bought by
Roberts Glenn T and Roberts Valerie L

Purchase Details

Closed on
Oct 1, 1986
Bought by
Roberts Glenn T and Roberts Valerie L

Purchase Details

Closed on
Nov 1, 1982
Bought by
Roberts Glenn T and Roberts Valerie L

Purchase Details

Closed on
Jul 1, 1980
Bought by
Roberts Glenn T and Roberts Valerie L

Purchase Details

Closed on
Feb 1, 1973
Bought by
Roberts Glenn T and Roberts Valerie 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
Arnold Revocable Trust $2,200,000 Coastal Title & Closing Servic
Roberts Glenn T -- Accommodation
Smith John H -- None Available
Roberts Glenn T $855,000 Attorney
Murrell Scott G $925,000 Coral Reef Title Company
Lett Edward -- --
Lett Edward $450,000 --
Wightman Charles Edward $95,000 --
Roberts Glenn T $95,000 --
Roberts Glenn T $50,400 --
Roberts Glenn T $43,000 --
Roberts Glenn T $26,000 --
Roberts Glenn T $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Revocable Trust $1,760,000
Previous Owner Roberts Glenn T $550,251
Previous Owner Roberts Glenn T $100,000
Previous Owner Roberts Glenn T $582,187
Previous Owner Murrell Scott G $175,000
Previous Owner Lett Edward $475,000
Previous Owner Lett Edward $475,000
Previous Owner Lett Edward $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $2,200,000 -12.0% $694 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
10/12/2022 10/12/22 Price Changed $2,499,999 -3.8% $789 / Sq Ft
09/08/2022 09/08/22 For Sale $2,599,999 +18.2% $820 / Sq Ft
09/07/2022 09/07/22 Off Market $2,200,000 -- --
09/07/2022 09/07/22 For Sale $2,599,999 +18.2% $820 / Sq Ft
09/03/2022 09/03/22 Off Market $2,200,000 -- --
08/12/2022 08/12/22 Price Changed $2,599,999 -3.7% $820 / Sq Ft
03/08/2022 03/08/22 For Sale $2,699,999 +215.8% $852 / Sq Ft
07/17/2013 07/17/13 Sold $855,000 -10.0% $270 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
10/15/2012 10/15/12 For Sale $949,500 -- $300 / 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 $8,226 $1,776,098 $1,074,840 $701,258
2023 $8,226 $841,251 $0 $0
2022 $8,075 $816,749 $0 $0
2021 $8,165 $792,961 $0 $0
2020 $8,093 $782,013 $0 $0
2019 $8,064 $764,432 $0 $0
2018 $7,870 $750,179 $0 $0
2017 $7,563 $734,750 $0 $0
2016 $7,824 $719,638 $0 $0
2015 $7,813 $732,023 $0 $0
2014 $7,808 $725,709 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600001

Florida Keys Board of REALTORS®

APN: 00424900-000000