$1,199,000
UNDER CONTRACT $160K PRICE DROP

21014 7th Ave Summerland Key, FL 33042

Estimated payment $7,090/month

Total Views 38,143
3 Beds
2 Baths
1,361 Sq Ft
$881 Price per Sq Ft

About This Home

Nestled in one of the Lower Keys' most coveted boating communities, this meticulously renovated 3 bedroom 2 bathroom coastal retreat is more than just a home...it's a gateway to endless aquatic adventures. Situated on a deep-draft, flow-through canal with direct access to both the Atlantic and Gulf, this property is a dream for fishing, diving, and island-hopping enthusiasts. The brand-new concrete dock with 17k boat lift is built for the serious boater, ensuring effortless departures for your next adventure. Step inside to find a seamless blend of modern elegance and island charm. The light-filled, open-concept living space is adorned with custom tile flooring throughout, sleek quartz countertops, and premium stainless steel appliances, creating an ambiance that is both stylish and functional. The spacious guest bedrooms offer plenty of room for family and friends, while the serene primary suite serves as a private retreat, complete with a spa-like ensuite bath. Designed for both beauty and resilience, this CBS-constructed home features impact windows and doors, giving you peace of mind during any season. Beyond your backyard paradise, Cudjoe Gardens Marina is just steps away, offering a full-service experience with a large boat ramp, fuel dock, convenience store, and the beloved Bent Prop Restaurant & Bar--perfect for enjoying a sunset cocktail after a day on the water.Whether you're seeking a full-time residence or the ultimate vacation getaway, this home delivers luxury, convenience, and some of the best boating access in the Lower Keys. Don't miss your chance to own this waterfront gem.

Listing Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677 Listed on: 02/20/2025

Coldwell Banker Schmitt Lower Keys (KW)

Co-Listing Agent

John Salvatore

Coldwell Banker Schmitt Lower Keys (KW) License #SL3353574

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,694

Year Built

1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Contingent: Contingent/Show
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Document Count: 4
  • Fee Includes: Other
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 21.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Bike Paths, Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 4896.76
  • Vehicle Storage: Garage, Trailer Storage, Off Street Parking, Guest Parking, Open Parking, Attached
  • Vehicle Storage Cars: 4+
  • Year Built: 1988
  • Alternate Key Number: 1222895
  • Building Style Stilt Column Height: Short - 4Ft & Under
  • Cooling Heating: Central Air
  • Lot Sq Ft: 9120.00
  • Porch Balcony: Screened Patio
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1361.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Quartz Countertops
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00173500-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.21

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,694 $521,569 -- --
2023 $4,694 $506,378 $0 $0
2022 $4,570 $491,630 $0 $0
2021 $4,695 $477,311 $0 $0
2020 $4,672 $470,721 $192,614 $278,107
2019 $4,769 $501,692 $220,248 $281,444
2018 $4,194 $366,636 $209,760 $156,876
2017 $4,545 $407,461 $0 $0
2016 $4,943 $473,234 $0 $0
2015 $4,524 $377,788 $0 $0
2014 $4,433 $352,672 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Price Changed $1,199,000 -7.7% $881 / Sq Ft
03/24/2025 03/24/25 Price Changed $1,299,000 -4.4% $954 / Sq Ft
02/20/2025 02/20/25 For Sale $1,359,000 -- $999 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $455,000 Attorney
Warranty Deed $479,000 True Title Agency Inc
Warranty Deed $190,500 --
Warranty Deed $176,000 --
Warranty Deed $176,000 --
Warranty Deed $25,000 --
Deed $14,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $273,300 New Conventional
Closed $305,000 Seller Take Back
Previous Owner $322,700 Purchase Money Mortgage
Previous Owner $257,850 New Conventional
Previous Owner $194,310 VA
Source: Public Records

About the Listing Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW)

(888) 611-7990

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She began her real estate career in 1989 working for luxury condo developer in Miami, FL. She was promoted to Broker of Mystic Point Realty in Aventura, FL in 1995 and then went on to be a top producing agent for Sotheby's International Realty on Miami Beach FL in 1999, where she specialized in Luxury Estates Homes. In 2004 she purchased a vacation home in the Florida Keys and fell in love with the area. Six months later she made the Keys her permanent home. Since joining Coldwell Banker

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Source: Key West Association of REALTORS®

MLS Number: 613803

Key West Association of REALTORS®

APN: 00173500-000000