NOT LISTED FOR SALE

179 Venetian Way Islamorada, FL 33036

Estimated Value: $2,428,194 - $2,807,000

4 Beds
3.5 Baths
2,486 Sq Ft
$1,032/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $1,700,000 $684 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $15,805/month

73 Days on Market

Highlights

  • Boat Dock
  • Property fronts gulf or ocean
  • Deck
  • Plantation Key School Rated A-
  • Sandy Beach
  • 1-minute walk to Founders Park

About This Home

As of May 2021

This Bayfront Key West style home located in the sought-after Plantation Key neighborhood of Venetian Shores, sits on 3/4 of an acre and offers privacy, and lush landscaping, Offering 3 bed/2.1 bath. upstairs and 1bed/1bath quarters downstairs, complete with a separate living area and kitchenette. The third floor provides a larger master suite, as well as a separate office area, which is perfect for a ''work from home'' set up. This residence was renovated to the highest standards, complete with a coastal feel, clean lines, exquisite finishes, and unparalleled charm. In addition, this home has a large garage, a sizable marble kitchen island, and a wrap around balcony.

Last Listed By

Pierre Bellion

Ocean Sotheby's International Realty License #3301978 Listed on: 01/08/2021

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,143

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 0.73 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Property is zoned R1 - Residential Single Family

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • Gulf
  • Canal

Home Design

  • Split Level Home
  • Metal Roof

Interior Spaces

  • 2,486 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Shutters
  • French Doors
  • Storage
  • Wood Flooring

Kitchen

  • Oven
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Horse Facilities and Amenities

  • Trailer Storage

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00410502-010420

Community Details

Overview

  • Venetian Shores Subdivision
  • Rental Restrictions

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,143

Year Built

Built in 1998 | Remodeled

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 150.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Fee Includes: None
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 86.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Dockage
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 9142.87
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Trailer Storage, Off Street Parking, Guest Parking, Garage, Covered Parking, Attached
  • Year Built: 1998
  • Alternate Key Number: 1503266
  • Building Style: Split Level
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Central Air
  • Lot Sq Ft: 31740.00
  • Porch Balcony: Deck, Roof Top Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Shutters: Bahama, Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2486.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Walk-in Closet(s), Pantry, Fireplace(s), Cathedral Ceilings
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Wine Cooler, Washer, Refrigerator, Freezer, Oven, Gas Appliances, Dryer
  • Floor: Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Bay Front, Plugged Canal Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Exterior Features: Fencing, Sandy Beach, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View, Canal View
  • Pool: No

Utilities

  • Utilities: Cable Available, Water Separate Meter, Propane, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,VE
  • Parcel Number: 00410502-010420
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.73

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
May 19, 2021
Sold by
Poirier Laurence and Hall Keith
Bought by
Labs Donald Herbert and Labs Patti Alma
Seller's Agent
Pierre Bellion
Ocean Sotheby's International Realty
Buyer's Agent
Pierre Bellion
Ocean Sotheby's International Realty
List Price
$1,950,000
Sold Price
$1,700,000
Premium/Discount to List
-$250,000
-12.82%
Total Days on Market
73
Current Estimated Value
$2,566,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$866,549
Avg. Annual Appreciation
10.90%
Original Mortgage
$1,360,000
Outstanding Balance
$1,248,099
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,318,450

Purchase Details

Closed on
Nov 6, 2020
Sold by
Laurence Poirier
Bought by
Hall-Poirier Family Trust

Purchase Details

Listed on
Sep 23, 2016
Closed on
Dec 29, 2016
Sold by
Keys Island Properties Llc
Bought by
Hall Keth and Poirier Laurence
Seller's Agent
Margo Newman
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Pierre Bellion
Ocean Sotheby's International Realty
List Price
$975,000
Sold Price
$925,000
Premium/Discount to List
-$50,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.97%

Purchase Details

Closed on
Feb 2, 2012
Sold by
Mckinney John
Bought by
Keys Island Properties Llc

Purchase Details

Closed on
Jan 18, 2012
Sold by
Mckinney John
Bought by
Keys Island Properties Llc

Purchase Details

Closed on
Feb 28, 2007
Sold by
Windley Key Mobile Home Park Homeowners
Bought by
Kasprisin Jerry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$895,000
Interest Rate
6.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 6, 2006
Sold by
Mckinney John and Mckinney Kimberly
Bought by
Mckinney John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 6, 1997
Sold by
Tirrell & Bruni Inc
Bought by
Liptak William and Liptak Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1997
Bought by
Keys Island Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.9%
Mortgage Type
New Conventional

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
Labs Donald Herbert $1,700,000 Coral Reef Title Company
Hall-Poirier Family Trust -- Woods Tom
Hall-Poirier Family Trust -- None Listed On Document
Hall Keth $925,000 Coral Reef Title Co
Keys Island Properties Llc -- None Available
Keys Island Properties Llc -- None Available
Kasprisin Jerry J $672,500 Dba Florida Title Of The Key
Mckinney John -- None Available
Liptak William $65,000 --
Keys Island Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labs Donald Herbert $1,360,000
Previous Owner Hall Keith $595,000
Previous Owner Hall Keith $595,000
Previous Owner Hall Keith $250,000
Previous Owner Hall Keith $250,000
Previous Owner Hall Keith $250,000
Previous Owner Kasprisin Jerry J $895,000
Previous Owner Mckinney John E $1,400,000
Previous Owner Mckinney John $2,100,000
Previous Owner Liptak William $75,000
Previous Owner Liptak William $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $1,700,000 -8.1% $684 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
02/14/2021 02/14/21 Price Changed $1,850,000 -5.1% $744 / Sq Ft
01/08/2021 01/08/21 For Sale $1,950,000 +110.8% $784 / Sq Ft
12/29/2016 12/29/16 Sold $925,000 -5.1% $461 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $975,000 -- $486 / 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 $18,755 $2,265,923 $1,681,236 $584,687
2023 $18,755 $2,141,584 $1,591,809 $549,775
2022 $16,565 $1,693,626 $1,144,671 $548,955
2021 $9,209 $894,762 $0 $0
2020 $9,127 $882,409 $532,677 $349,732
2019 $9,143 $867,292 $513,236 $354,056
2018 $8,948 $853,249 $0 $0
2017 $8,600 $835,700 $0 $0
2016 $8,691 $756,656 $0 $0
2015 $8,276 $749,763 $0 $0
2014 $7,569 $654,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594049

Florida Keys Board of REALTORS®

APN: 00410502-010420