NOT LISTED FOR SALE

21056 3rd Ave Summerland Key, FL 33042

Estimated Value: $995,000 - $1,258,000

2 Beds
2 Baths
1,726 Sq Ft
$641/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $1,000,000 $579 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,506/month

86 Days on Market

Highlights

  • Dock made with concrete
  • Deck
  • No HOA
  • Home fronts a canal
  • Cathedral Ceiling
  • Shutters

About This Home

As of March 2023

Welcome to this tropical landscaped oasis, this truly caribbean style home offers the warmth you are looking for, canal front, oceanside, 2 bedrooms 2 baths, well appointed living room offers cathedral ceilings with sky lights, 1 car garage + laundry room, outside is a tropical maze to dock and storage shed. Marina in subdivison offers fuel, bait, boat repairs, apparel and snacks. Cudjoe Gardens offers concrete homes, 4 ft draft, great boating, no bridges, minutes to Ocean and Back Country, this home is a must see!!!!

Last Agent to Sell the Property

Diane Corliss

Coldwell Banker Schmitt Lower Keys (KW) License #3099169 Listed on: 12/15/2022

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Julie Nappi

RE/MAX All Keys Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,675

Year Built

  • Built in 1978

Lot Details

  • 7,760 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Parking

  • Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,726 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Casement Windows
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Dock made with concrete
  • Deck

Location

  • Ground Level

Utilities

  • Central Air
  • Heating Available
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Cudjoe Gardens Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00172880-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,675

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 75.00
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: 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
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3675.36
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage
  • Year Built: 1978
  • Alternate Key Number: 1222283
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 7760.00
  • Porch Balcony: Deck
  • Shutters: Panel
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1726.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Casement
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: Electric

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00172880-000000
  • Lot Size: 80 x 97
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Mar 31, 2023
Sold by
Pennente Eanest A and Pennente Janice V
Bought by
Property Highlands Llc
Seller's Agent
Diane Corliss
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Julie Nappi
RE/MAX All Keys Real Estate
List Price
$1,250,000
Sold Price
$1,000,000
Premium/Discount to List
-$250,000
-20%
Views
42
Current Estimated Value
$1,131,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,235
Avg. Annual Appreciation
3.67%

Purchase Details

Closed on
Jun 8, 2000
Sold by
Michael J And Janice F Lawn
Bought by
Pennente Ernest A and Pennente Janice

Purchase Details

Closed on
May 1, 1987
Bought by
Pennente Ernest A and Pennente Janice V

Purchase Details

Closed on
Feb 1, 1974
Bought by
Pennente Ernest A and Pennente Janice V
Source: Public Records
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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
Property Highlands Llc $1,000,000 --
Property Highlands Llc $1,000,000 None Listed On Document
Pennente Ernest A $264,000 --
Pennente Ernest A $145,000 --
Pennente Ernest A $3,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pennente Ernest A $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $1,000,000 -16.6% $579 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
02/08/2023 02/08/23 Price Changed $1,199,000 -4.1% $695 / Sq Ft
12/15/2022 12/15/22 For Sale $1,250,000 -- $724 / 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
2025 $7,787 $932,668 $587,820 $344,848
2024 $3,690 $823,069 $517,282 $305,787
2023 $3,690 $387,778 $0 $0
2022 $3,593 $376,484 $0 $0
2021 $3,675 $365,519 $0 $0
2020 $3,655 $360,473 $0 $0
2019 $3,589 $352,369 $0 $0
2018 $3,602 $345,799 $0 $0
2017 $3,504 $338,687 $0 $0
2016 $3,523 $331,721 $0 $0
2015 $3,619 $329,415 $0 $0
2014 $3,722 $326,801 $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: 603432

APN: 00172880-000000