$985,000
SOLD AUG 18, 2016

205 S Point Dr Summerland Key, FL 33042

5 Beds
4 Baths
2,772 Sq Ft
0.29 Acres

Recently Sold

$355 Per Sq Ft

7% Below List Price

47 Days on Market

Highlights

  • Ocean Front
  • Spa
  • RV Parking in Community
  • Dock made with concrete
  • RV or Boat Parking
  • 1-minute walk to Bay Point Park Playground

About This Home

As of May 2023

Open Water Overlooking Lower Sugarloaf Sound- huge pristine 5 bedroom, 4 bath custom built stilt home with awesome sunrise views, 120 feet of concrete seawall on an extra large lot. Prestigious South Point area with quick Key West commute. Amenities include two master suites, ADT security system, hot tub, davits, new paint inside and out, two entrances, lovely landscaping, and tiled throughout

Last Agent to Sell the Property

Rhonda Williams

Select Properties of NWFL License #701026 Listed on: 07/01/2016

Co-Listed By

Jason Carmona

Broker's Edge Realty, Inc. License #667094

Last Buyer's Agent

Outside Of M Outside of MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,171

Year Built

  • Built in 1985

Lot Details

  • 0.29 Acre Lot
  • Ocean Front
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,772 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Double Hung Windows
  • Storage
  • Utility Room
  • Tile Flooring
  • Ocean Views
  • Home Security System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Carport
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Spa
  • Davits
  • Seawall
  • Dock made with concrete
  • Deck
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Sugarloaf Shores Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,171

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 120
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Mile Marker: 17.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6171.05
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, RV Parking Open
  • Vehicle Storage Cars: 3
  • Year Built: 1985
  • Alternate Key Number: 1214582
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Heat, Central Air
  • Lot Sq Ft: 12500.00
  • Porch Balcony: Deck, Windowed P/B
  • Shutters: Panel
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2772.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Pantry, Storage, Split Bedroom, Security System
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Microwave, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Double Hung Windows
  • Total Bedrooms: 5

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front, Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Rain Gutters, Hot Tub
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00166976-002400
  • Lot Size: 125 x 100
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.29

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

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
10.17%

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

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Range of Values:

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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 $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
Closed $0 No Value Available
Open $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: 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 $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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 571309

Florida Keys Board of REALTORS®

APN: 00166976-002400