NOT LISTED FOR SALE

185 Lowe St Unit 1 & 2 Tavernier, FL 33070

Estimated Value: $701,644 - $812,000

4 Beds
2.5 Baths
1,403 Sq Ft
$529/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $675,000 $481 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,351/month

6 Days on Market

Highlights

  • Beach
  • No HOA
  • Tile Flooring
  • Plantation Key School Rated A-
  • Screened Balcony
  • 1-minute walk to Old Settler's Park

About This Home

As of October 2022

MULTI-UNIT INVESTMENT OPPORTUNITY! TWO INDEPENDENT STRUCTURES each with their own water and electric meter. Green cottage offers 809sqft of living space with 2bd/1.5ba. The pink cottage offers 594sqft of living space, with 2bd/1ba. You will enjoy the oceanside beach steps away! Centrally located in the heart of Tavernier. Don't miss this amazing opportunity!

Last Agent to Sell the Property

Lisa Frins

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #0672871 Listed on: 09/17/2022

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Thomas Magaldi

Coastal Real Estate Professionals, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,524

Year Built

  • Built in 1943

Lot Details

  • 4,900

Home Design

  • 1,403 Sq Ft Home
  • Frame Construction

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Additional Features

  • Screened Balcony
  • 4,900 Sq Ft Lot
  • Ground Level

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00566340-000000

Community Details

Overview

  • No Home Owners Association
  • Tavernier Beach Subdivision
  • Rental Restrictions

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,524

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 91.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3524.10
  • Title: Title Ins - Buyer
  • Year Built: 1943
  • Alternate Key Number: 1693448
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 4900.00
  • Porch Balcony: Screened P/B
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1403.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Floor: Tile, Carpet
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00566340-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
Offers Sean
Bought by
Capex Cre Llc
Current Estimated Value
$741,911

Purchase Details

Listed on
Sep 17, 2022
Closed on
Oct 31, 2022
Sold by
Huber Heinz and Huber Ourania
Bought by
Offers Sean
Seller's Agent
Lisa Frins
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Thomas Magaldi
Coastal Real Estate Professionals, LLC
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%

Purchase Details

Closed on
Jun 29, 2012
Sold by
Hollingsworth Lynn
Bought by
Huber Heinz and Huber Ourania

Purchase Details

Closed on
Jun 19, 2003
Sold by
Arroyo Jean Ilene
Bought by
Hollingsworth Lynn and Bolla Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2001
Sold by
Spring Hill Partners Lp
Bought by
Arroyo Jean I

Purchase Details

Closed on
Jan 12, 1998
Sold by
Nolan Charles and Nolan Angela
Bought by
Spring Hill Partners

Purchase Details

Closed on
Sep 1, 1991
Bought by
Huber Heinz and Huber Ourania

Purchase Details

Closed on
Jul 1, 1984
Bought by
Huber Heinz and Huber Ourania
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Capex Cre Llc -- None Listed On Document
Offers Sean $675,000 Florida Title
Huber Heinz $172,500 Absolute First Title Llc
Hollingsworth Lynn $260,000 Florida Title Of The Keys
Arroyo Jean I -- --
Spring Hill Partners $140,000 --
Huber Heinz $96,500 --
Huber Heinz -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hollingsworth Lynn $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Sold $675,000 -3.4% $481 / Sq Ft
09/17/2022 09/17/22 For Sale $699,000 -- $498 / 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 $5,008 $482,937 $281,750 $201,187
2023 $5,008 $425,791 $241,178 $184,613
2022 $4,073 $414,007 $241,178 $172,829
2021 $3,524 $239,044 $125,832 $113,212
2020 $3,402 $222,947 $107,482 $115,465
2019 $3,582 $241,048 $122,059 $118,989
2018 $3,519 $242,092 $120,908 $121,184
2017 $3,379 $244,664 $0 $0
2016 $3,233 $214,276 $0 $0
2015 $3,151 $189,750 $0 $0
2014 $3,020 $150,686 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Frins

    Seller's Agent in 2022

    Lisa Frins

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    (305) 522-1479

    33 in this area

    308 Total Sales

    Lisa Frins
    Section Image

  • T

    Buyer's Agent in 2022

    Thomas Magaldi

    Coastal Real Estate Professionals, LLC

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 602538

Florida Keys Board of REALTORS®

APN: 00566340-000000

Florida Monroe County Tavernier 33070

185 Lowe St Unit 1 & 2, Tavernier, FL

This home is located at 185 Lowe St Unit 1 & 2, Tavernier, FL 33070 since 17 September 2022 and is currently estimated at $741,911, approximately $528 per square foot. This property was built in 1943. 185 Lowe St Unit 1 & 2 is a home located in Monroe County with nearby schools including Plantation Key School, Coral Shores High School, and Ocean Studies Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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