NOT LISTED FOR SALE

Estimated Value: $428,000 - $780,000

0.29 Acre
$1,825,892 Price per Acre
12,502 Sq Ft Lot

Last Sold November 22, 2023

Last sale price $450,000

Est. 16% increase in value since last sale

Current estimated payment $3,175/month

306 Days on Market

About This Lot

As of November 2023

Here is an opportunity to build your dream home in desirable Cudjoe Gardens community. This partially developed, filled, and elevated lot #5 includes existing canal side retaining wall, street side retaining wall and paver driveway. Numerous mature fruit tree varieties such as mango and sapodilla. This canal system offers some of the best big boat access to the Atlantic Ocean side with no bridges with 100' of waterfront. This lot is not ROGO exempt, therefore the buyer must submit plans into the Monroe County building department ROGO development process. The sellers outdated plans from 2018 do not convey, and are provided for informational purposes only (see Documents tab). *Adjacent house on lot #6 also available and can be combined with lot #5. See MLS #602895*

Last Listed By

Dave Wiley

Coldwell Banker Schmitt Real Estate Co. (KW) License #3193077 Listed on: 12/21/2022

Coldwell Banker Schmitt Real Estate Co. (KW)

Property Details

Property Type

Land

Est. Annual Taxes

$3,237

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 4
  • Document Count: 5
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 21.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2293.31
  • Title: Title Ins - Buyer
  • Alternate Key Number: 8566344
  • Lot Sq Ft: 12500.00
  • Species List: Yes
  • First Right of Refusal: No
  • Association Fee: 75.00
  • Association Maintenance Fee Per: Yearly
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Existing Utilities: Street Lights
  • Location Site: Water Frontage
  • Lot Dimensions: 100' X 125'
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Water Main Inquiry File: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00174635-000500
  • Land Size: 1/4 - 1/2 Acre
  • Building Permit: Expired Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Nov 21, 2023
Sold by
Sam W Gee Revocable Living Trust
Bought by
Rosa Rene and Rosa Natasha
Seller's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Holly Burger
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$535,000
Sold Price
$450,000
Premium/Discount to List
-$85,000
-15.89%
Total Days on Market
306
Views
194
Current Estimated Value
$524,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,031
Avg. Annual Appreciation
11.16%

Purchase Details

Closed on
Aug 4, 2019
Sold by
Gee Sam W
Bought by
Gee Sam W and Sam W Gee Revocable Living Trust

Purchase Details

Closed on
Nov 8, 2016
Sold by
Adorno Peter and Adorno Suzanne
Bought by
Gee Sam W

Purchase Details

Closed on
Dec 16, 2004
Sold by
Scott Mark A and Scott Elizabeth A
Bought by
Adorno Peter and Adorno Suzanne

Purchase Details

Closed on
Aug 31, 1999
Bought by
Adorno Peter and Adorno Suzanne

Purchase Details

Closed on
Apr 26, 1996
Sold by
Collins Thomas K and Collins Gail
Bought by
March William L

Purchase Details

Closed on
Aug 29, 1994
Sold by
Niles Jack D
Bought by
Collins Thomas K and Collins Gail L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1991
Bought by
Adorno Peter and Adorno Suzanne

Purchase Details

Closed on
Dec 1, 1988
Bought by
Adorno Peter and Adorno Suzanne

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
Rosa Rene $450,000 None Listed On Document
Gee Sam W -- Attorney
Gee Sam W $295,000 Attorney
Adorno Peter $375,000 True Title Agency Inc
Adorno Peter $132,500 --
March William L $57,500 --
Collins Thomas K $50,000 --
Adorno Peter $40,000 --
Adorno Peter $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Thomas K $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $450,000 -3.8% --
10/19/2023 10/19/23 Price Changed $468,000 -0.4% --
08/30/2023 08/30/23 Price Changed $470,000 -1.9% --
07/06/2023 07/06/23 Price Changed $479,000 -2.0% --
06/19/2023 06/19/23 Price Changed $489,000 -2.0% --
05/25/2023 05/25/23 Price Changed $499,000 -3.1% --
04/26/2023 04/26/23 Price Changed $515,000 -3.7% --
12/21/2022 12/21/22 For Sale $535,000 -- --
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 $3,237 $373,377 $351,625 $21,752
2023 $3,237 $533,029 $524,406 $8,623
2022 $2,622 $369,502 $360,719 $8,783
2021 $2,293 $251,442 $242,500 $8,942
2020 $2,291 $248,571 $239,469 $9,102
2019 $2,212 $238,856 $229,594 $9,262
2018 $2,105 $221,609 $212,188 $9,421
2017 $1,893 $200,063 $0 $0
2016 $1,640 $225,238 $0 $0
2015 $1,537 $203,931 $0 $0
2014 $1,423 $176,538 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 603507

APN: 00174635-000500