NOT LISTED FOR SALE

2 Flamingo Hammock Rd Islamorada, FL 33036

Estimated Value: $2,862,373 - $3,440,000

4 Beds
4.5 Baths
3,060 Sq Ft
$988/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $2,235,000 $730 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $17,796/month

63 Days on Market

Highlights

  • Boat Ramp
  • Assigned Dock
  • Screened Pool
  • Plantation Key School Rated A-
  • Boat Slip
  • 1-minute walk to Founders Park

About This Home

As of September 2021

Tucked away in the exclusive gated bayfront community, Bay Hammock, this brand new state-of-the-art luxury 4 bedroom, 4 1/2 bath, 2-story residence offers impeccable details and premium quality from construction to design. An abundance of natural light flows through this open concept floor plan with 12-foot ceilings and 8-foot-tall solid core doors. Dedicated boat slip #29 in the marina boat basin with a community ramp is just steps away. In ground pool and 2 car garage complete this secluded island sanctuary.

Last Agent to Sell the Property

Cheri Tindall

Ocean Sotheby's International Realty License #0411868 Listed on: 07/17/2021

Ocean Sotheby's International Realty

Co-Listed By

Leslie Leopold

Ocean Sotheby's International Realty License #3071091

Last Buyer's Agent

Nancy Hershoff

K2 Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,412

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Waterfront
  • Property is zoned R1 - Residential Single Family

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 3,060 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Tile Flooring
  • Impact Glass

Kitchen

  • Dishwasher
  • Wine Cooler
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Electric Gate

Pool

  • Screened Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Boat Ramp
  • Boat Slip
  • Assigned Dock
  • Dock Facilities
  • Screened Balcony
  • Screened Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00403041-000200

Community Details

Overview

  • Association fees include common area mnt
  • Bay Hammock Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,412

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1000.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Document Count: 3
  • Fee Includes: Common Area Mnt
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 83.20
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Community Dockage
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3412.36
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage
  • Year Built: 2020
  • Alternate Key Number: 8643268
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Central Air
  • Lot Sq Ft: 11040.00
  • Pool Info: Decked, Screened In, In Ground
  • Porch Balcony: Screened P/B, Screened Patio
  • Association Maintenance Fee Per: Yearly
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3060.00
  • Pre Wired: Cable, Cat 5
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Quartz Countertops, Window Treatments, Walk-in Closet(s), Split Bedroom, Entrance Foyer
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Wine Cooler, Washer, Refrigerator, More Appliances, Gas Appliances, Dryer, Disposal
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Assigned Dock, Dock Privileges, Boat Slip, Boat Ramp
  • Waterfront: None
  • Waterfront: Yes
  • Construction: CBS, Stucco
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Elect Separate Meter, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00403041-000200
  • Lot Size: 80 x 137 x 80 x 130
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Sep 23, 2021
Sold by
2 Flamingo Hammock Property Llc
Bought by
Powell Gregory J and Powell Jane M
Seller's Agent
Cheri Tindall
Ocean Sotheby's International Realty
Buyer's Agent
Nancy Hershoff
K2 Realty, Inc.
List Price
$2,350,000
Sold Price
$2,235,000
Premium/Discount to List
-$115,000
-4.89%
Current Estimated Value
$3,023,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$788,093
Avg. Annual Appreciation
8.24%
Original Mortgage
$1,235,000
Outstanding Balance
$1,128,646
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,936,695

Purchase Details

Closed on
Nov 16, 2017
Sold by
Roger E Rex Authorized Agen Of Bluewater
Bought by
2 Flamingo Hammock Property Llc

Purchase Details

Closed on
Jun 10, 2015
Sold by
Harborgate Limited Partnership
Bought by
Bluewater Residential Inc

Purchase Details

Closed on
Jan 31, 2013
Sold by
Bay Hammock Estates Lc
Bought by
Harborgate Limited Partnership

Purchase Details

Closed on
Dec 2, 1994
Sold by
Bay Hammock Land Corp
Bought by
Ryan Dennis R
Source: Public Records

Range of Values:

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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
Powell Gregory J $2,235,000 Florida Title Of The Keys
2 Flamingo Hammock Property Llc -- Attorney
Bluewater Residential Inc $135,000 Attorney
Harborgate Limited Partnership -- Attorney
Bay Hammock Estates Lc $700,000 Attorney
Ryan Dennis R $40,300 --
Ryan Dennis R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Gregory J $1,235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $2,235,000 -4.9% $730 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $2,350,000 -- $768 / 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 $20,976 $2,416,291 $1,273,718 $1,142,573
2023 $20,976 $2,314,492 $1,212,391 $1,102,101
2022 $18,886 $1,946,670 $861,330 $1,085,340
2021 $9,780 $971,218 $342,418 $628,800
2020 $3,412 $286,022 $286,022 $0
2019 $2,824 $283,290 $283,290 $0
2018 $2,383 $190,388 $190,388 $0
2017 $1,610 $114,050 $0 $0
2016 $1,678 $114,050 $0 $0
2015 $1,292 $94,882 $0 $0
2014 $1,144 $62,242 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596922

Florida Keys Board of REALTORS®

APN: 00403041-000200