$2,250,000
SOLD MAY 22, 2023

205 S Point Dr Summerland Key, FL 33042

5 Beds
4 Baths
2,772 Sq Ft
0.29 Acres

Recently Sold

$812 Per Sq Ft

8% Below List Price

121 Days on Market

Highlights

  • Dock made with concrete
  • Waterfront
  • No HOA
  • Spa
  • Sun or Florida Room
  • 1-minute walk to Bay Point Park Playground

About This Home

As of May 2023

Incomparable Open Water 5 Bedroom 4 Bathroom Stunner, on oversized 12,500 SqFt lot offers plenty of space for the entire family! Enjoy unparalleled Open Water views spanning from the rear living and dining rooms to the first of 2 master suites. Expansive split floorplan features impact doors and windows and tile throughout, as well as stainless steel appliances and plenty of storage. Nest thermostats efficiently control two separate AC units with recently replaced air handlers, and each of the large bedrooms boasts loads of closet space. Entertaining is a breeze, from small gatherings to large groups, with options for dining inside in the large dining room or outdoors, while taking in the tropical breezes. 120 ft of concrete seawall and dock equipped with davits affords stellar boating access to world-class fishing and diving within minutes! Tastefully landscaped yard with meticulously maintained grass surround a large hot tub, where you can appreciate the show-stopping views of Open Water. Two storage areas under the home to keep your toys and tools out of the elements, and ample space for guest parking. Just 15 minutes to exciting Key West attractions while the neighborhood itself evokes a tranquil island feel, providing the best of all worlds in this Sugarloaf masterpiece.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677 Listed on: 12/06/2022

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Lauren Wilson

LoKation Real Estate License #3409311

LoKation Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,388

Year Built

  • Built in 1985

Lot Details

  • 0.29 Acre Lot
  • Waterfront
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,772 Sq Ft Home
  • Ceiling Fan
  • Sun or Florida Room
  • Storage
  • Tile Flooring
  • Water Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Parking

  • Carport
  • Off-Street Parking

Outdoor Features

  • Spa
  • Davits
  • Seawall
  • Dock made with concrete
  • Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Sugarloaf Shores Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00166976-002400

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,388

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 120
  • Dockage Seawall: Concrete
  • Document Count: 2
  • Fee Includes: None
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 10388.08
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking
  • Year Built: 1985
  • Alternate Key Number: 1214582
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 12500.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2772.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Split Bedroom, Walk-in Closet(s), Storage, Built-in Cabinets
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator
  • Floor: Tile
  • Specialty Rooms: Sun/Florida Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: Davits
  • Waterfront: Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Hot Tub, Storage
  • Roof: Metal Roof
  • Waterview: Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00166976-002400
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.29

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
May 22, 2023
Sold by
Granda Javier A and Granda Lilliam
Bought by
Dolan Marianne K
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Lauren Wilson
LoKation Real Estate
List Price
$2,450,000
Sold Price
$2,250,000
Premium/Discount to List
-$200,000
-8.16%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.08%

Purchase Details

Listed on
Jul 1, 2016
Closed on
Aug 15, 2016
Sold by
Fizsimmons Robert C and Fizsimmons Deborah P
Bought by
Granda Javier A and Granda Roberto Lilliam
Seller's Agent
Rhonda Williams
Select Properties of NWFL
Buyer's Agent
Outside Of M Outside of MLS
List Price
$1,059,000
Sold Price
$985,000
Premium/Discount to List
-$74,000
-6.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%

Purchase Details

Closed on
Mar 17, 2003
Sold by
The Nature Conservancy
Bought by
Fitzsimmons Robert C and Fitzsimmons Deborah P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,050
Interest Rate
5.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 17, 2001
Sold by
Amy Y Simms I
Bought by
Fitzsimmons Robert C and Fitzsimmons Deborah P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 1998
Sold by
Ricke James J
Bought by
Simms Mark J and Simms Amy Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1980
Bought by
Granda Javier A

Purchase Details

Closed on
Mar 1, 1979
Bought by
Granda Javier A
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 Type Sale Price Title Company
Warranty Deed $2,250,000 None Listed On Document
Warranty Deed $985,000 Title Search Inc
Quit Claim Deed -- --
Warranty Deed $600,000 --
Warranty Deed $390,000 --
Warranty Deed $40,000 --
Deed $24,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $0 No Value Available
Previous Owner $350,000 Credit Line Revolving
Previous Owner $400,000 Credit Line Revolving
Previous Owner $389,050 Unknown
Previous Owner $395,000 New Conventional
Previous Owner $395,000 New Conventional
Previous Owner $292,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 For Sale $2,375,000 +5.6% $857 / Sq Ft
05/22/2023 05/22/23 Sold $2,250,000 -4.3% $812 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
03/08/2023 03/08/23 Price Changed $2,350,000 -4.1% $848 / Sq Ft
12/06/2022 12/06/22 For Sale $2,450,000 +148.7% $884 / Sq Ft
08/18/2016 08/18/16 Sold $985,000 -7.0% $355 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $1,059,000 -- $382 / Sq Ft
Source: Marathon and Lower Keys Association 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 $13,471 $1,904,672 $1,365,625 $539,047
2023 $13,471 $1,971,282 $1,453,125 $518,157
2022 $11,495 $1,504,559 $903,125 $601,434
2021 $10,388 $1,109,324 $575,000 $534,324
2020 $9,678 $1,039,791 $500,000 $539,791
2019 $8,706 $896,603 $503,125 $393,478
2018 $8,930 $894,780 $503,125 $391,655
2017 $9,886 $1,003,824 $0 $0
2016 $9,391 $923,245 $0 $0
2015 $6,171 $611,901 $0 $0
2014 $6,381 $607,045 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dawn McComish

    Seller's Agent in 2025

    Dawn McComish

    Lokation Real Estate

    (305) 395-3300

    102 Total Sales

    Dawn McComish
    Section Image
  • Lisa Ferringo

    Seller's Agent in 2023

    Lisa Ferringo

    Coldwell Banker Schmitt Lower Keys (KW)

    (305) 797-1221

    620 Total Sales

    Lisa Ferringo
    Section Image

  • L

    Buyer's Agent in 2023

    Lauren Wilson

    LoKation Real Estate

    Section Image

  • R

    Seller's Agent in 2016

    Rhonda Williams

    Select Properties of NWFL

    (305) 923-9091

    20 Total Sales

    Rhonda Williams
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jason Carmona

    Broker's Edge Realty, Inc.

  • O

    Buyer's Agent in 2016

    Outside Of M Outside of MLS

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 603333

APN: 00166976-002400

Florida Monroe County Summerland Key 33042

205 S Point Dr, Summerland Key, FL

This home is located at 205 S Point Dr, Summerland Key, FL 33042 and is currently priced at $2,250,000, approximately $811 per square foot. This property was built in 1985. 205 S Point Dr is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High School.

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