NOT LISTED FOR SALE

21024 7th Ave Cudjoe Key, FL 33042

Estimated Value: $403,000 - $511,000

0.17 Acre
$2,779,800 Price per Acre
7,187 Sq Ft Lot

Last Sold January 26, 2024

Last sale price $400,000

Est. 15% increase in value since last sale

Current estimated payment $2,657/month

2 Days on Market

About This Lot

As of January 2024

CANAL FRONT LOT WITH PERMITS, great location Boat Basin, Boat Lift, concrete dock, marina and restaurant in walking distance. This comes with the added advantage of an approved building permit. Imagine waking up to serene waterfront views and the potential to build your custom oasis. With a generous lot size, this property offers endless possibilities for designing your ideal residence. Take advantage of the tranquil surroundings and create a waterfront masterpiece that reflects your lifestyle. Don't miss out on this rare opportunity to turn your vision into reality. Act now and make this canal-front property yours

Last Agent to Sell the Property

Diane Corliss

Coldwell Banker Schmitt Lower Keys (KW) License #3099169 Listed on: 01/17/2024

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Diane Corliss

Realty Executives - Sugarloaf

Property Details

Property Type

Land

Est. Annual Taxes

$2,813

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Document Count: 2
  • 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
  • Neighborhood Feature: Other Area Features
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2813.36
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1222887
  • Lot Sq Ft: 7200.00
  • Species List: Yes
  • First Right of Refusal: No
  • Association Fee: 75.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Location Site: Water Frontage
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Boat Lift, Basin
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00173490-000000
  • Land Size: Less Than 1/4 Acre
  • Building Permit: Active Permit

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Jan 26, 2024
Sold by
Loomis Robert E and Loomis Mary D
Bought by
Sally A Drobny Revocable Trust and Drobny
Seller's Agent
Diane Corliss
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Diane Corliss
Realty Executives - Sugarloaf
List Price
$435,000
Sold Price
$400,000
Premium/Discount to List
-$35,000
-8.05%
Views
10
Current Estimated Value
$458,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,667
Avg. Annual Appreciation
11.52%

Purchase Details

Listed on
Apr 2, 2018
Closed on
Feb 5, 2019
Sold by
Boumerhi and Holly
Bought by
Loomis Robert Earl and Loomis Mary Dolores
Seller's Agent
Nick Boumerhi
2150
Buyer's Agent
Nick Boumerhi
2150
List Price
$425,000
Sold Price
$270,000
Premium/Discount to List
-$155,000
-36.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%

Purchase Details

Listed on
Apr 2, 2018
Closed on
Jan 24, 2019
Sold by
Boumerhi and Holly
Bought by
Loomis Robert Earl and Loomis Mary Dolores
Seller's Agent
Nick Boumerhi
2150
Buyer's Agent
Nick Boumerhi
2150
List Price
$425,000
Sold Price
$270,000
Premium/Discount to List
-$155,000
-36.47%

Purchase Details

Listed on
Oct 20, 2015
Closed on
Feb 11, 2017
Sold by
Flynn Margaret Ann and Blauciak John Julian
Bought by
Boumerhi Pierrre and Boumerhi Holly
Seller's Agent
Diane Corliss
Realty Executives - Sugarloaf
Buyer's Agent
Pierre Boumerhi
LoKation Real Estate
List Price
$299,999
Sold Price
$225,000
Premium/Discount to List
-$74,999
-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
9.75%
Original Mortgage
$200,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2013
Closed on
Jul 5, 2013
Sold by
Barry John K and Barry Sheila R
Bought by
Flynn Margaret Ann and Blauciak John Julian
Seller's Agent
Diane Corliss
Realty Executives - Sugarloaf
Buyer's Agent
Diane Corliss
Realty Executives - Sugarloaf
List Price
$249,000
Sold Price
$220,000
Premium/Discount to List
-$29,000
-11.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.62%

Purchase Details

Closed on
May 15, 2009
Sold by
Barry John K and Barry Sheila R
Bought by
Barry John K and Barry Sheila R

Purchase Details

Closed on
Sep 2, 2005
Sold by
Okeefe Ted Louis and Okeefe Mary Lou
Bought by
Barry John K and Barry Sheila R

Purchase Details

Closed on
Jun 30, 2003
Sold by
Worley David L and Worley Madeline L
Bought by
Okeefe Ted Louis and Okeefe Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,704
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1983
Bought by
Flynn Margaret Ann

Purchase Details

Closed on
Sep 1, 1980
Bought by
Flynn Margaret Ann

Purchase Details

Closed on
Feb 1, 1974
Bought by
Flynn Margaret Ann
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 Buyer Sale Price Title Company
Sally A Drobny Revocable Trust $1,750,000 None Listed On Document
Loomis Robert Earl $270,000 None Listed On Document
Loomis Robert Earl $270,000 None Listed On Document
Boumerhi Pierrre $225,000 Attorney
Flynn Margaret Ann $220,000 Attorney
Barry John K $75,000 Attorney
Barry John K $350,000 True Title Agency Inc
Okeefe Ted Louis $104,000 --
Flynn Margaret Ann $28,000 --
Flynn Margaret Ann -- --
Flynn Margaret Ann $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boumerhi Pierrre $200,000
Previous Owner Okeefe Ted Louis $85,704
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $400,000 -8.0% --
01/17/2024 01/17/24 For Sale $435,000 +61.1% --
01/24/2019 01/24/19 Sold $270,000 -36.5% --
01/16/2019 01/16/19 Pending -- -- --
04/02/2018 04/02/18 For Sale $425,000 +88.9% --
02/09/2017 02/09/17 Sold $225,000 -25.0% --
01/11/2017 01/11/17 Pending -- -- --
10/20/2015 10/20/15 For Sale $299,999 +36.4% --
07/03/2013 07/03/13 Sold $220,000 -11.6% --
05/09/2013 05/09/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $249,000 -- --
Source: Key West 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 $2,813 $408,943 $368,949 $39,994
2023 $2,813 $376,337 $335,577 $40,760
2022 $2,455 $293,677 $252,147 $41,530
2021 $2,227 $211,018 $168,717 $42,301
2020 $2,306 $217,346 $174,279 $43,067
2019 $2,265 $227,441 $183,603 $43,838
2018 $2,063 $184,577 $154,227 $30,350
2017 $1,958 $192,441 $0 $0
2016 $1,580 $182,979 $0 $0
2015 $1,381 $136,666 $0 $0
2014 $1,951 $184,683 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 608218

Key West Association of REALTORS®

APN: 00173490-000000