NOT LISTED FOR SALE

2131 Coral Way Big Pine Key, FL 33043

Estimated Value: $1,366,000 - $2,342,000

4 Beds
4 Baths
2,100 Sq Ft
$841/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $2,310,000 $1,100 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $10,404/month

161 Days on Market

About This Home

As of January 2023

An extraordinary one of a kind waterfront estate on over 1.14 acres in Doctors Arm! This property has both open water and canal frontage complete with 4 bedrooms, 4 bathrooms, beach, boathouse, and boat ramp on property. Built in 1973 by the famed Burdine family as their weekend retreat, this waterfront estate features a main house and legal guest quarters. The main house boasts 3 bedrooms, 2 bathrooms, open concept great room and dining room, a new chef's kitchen with an 11 foot island perfect for entertaining, and vaulted ceilings with original wood and details throughout the main house. The separate guest quarters include updated living room, dining room, kitchenette, bedroom and bathroom. This estate epitomizes the charm and romance of old Florida while boasting all of the modern comforts of today. Metal roof and impact windows and doors! This property is AE flood zone, which means lower wind and flood insurance compared to VE. 212' of open water frontage and 50' of canal front dockage with concrete dock, cut-in boat slip, and ramp! Engineered plans for a resort-style pool and spa are also available. This unique property will certainly not last!

Last Agent to Sell the Property

Allan Leder

Preferred Properties (KW) License #590720 Listed on: 07/16/2022

Last Buyer's Agent

Allan Leder

Preferred Properties (KW) License #590720 Listed on: 07/16/2022

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,461

Year Built

1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00312050-000000
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 55
  • Dockage Seawall: Concrete
  • Document Count: 2
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Big Pine Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 30.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 10232.32
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, RV Parking Open, Off Street Parking, Guest Parking, Open Parking, Auto Door Opener, Attached
  • Vehicle Storage Cars: 4+
  • Year Built: 1973
  • Alternate Key Number: 1384241
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 49585.00
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 2100.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Pantry, Storage, Quartz Countertops
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: More Appliances, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, Washer
  • Floor: Tile, Combo, Carpet, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Workshop
  • Windows/Doors: French Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Ramp, Basin
  • Waterfront: Bay Front, Open Water, Canal Front, Gulf Front
  • Waterfront: Yes
  • Construction: Frame, Combo Construction
  • Exterior Features: Sandy Beach, Storage
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View, Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00312170-000000
  • Lot Size: Irregular and
  • Land Size: More than 1 Lot
  • Acres: 1.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2022
Closed on
Jan 30, 2023
Sold by
Miree Lee
Bought by
Robley Robert P and Robley Lynn
Seller's Agent
Allan Leder
Preferred Properties (KW)
Buyer's Agent
Allan Leder
Preferred Properties (KW)
List Price
$3,950,000
Sold Price
$2,310,000
Premium/Discount to List
-$1,640,000
-41.52%
Views
20
Current Estimated Value
$1,766,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$543,463
Avg. Annual Appreciation
-9.49%

Purchase Details

Listed on
Nov 6, 2018
Closed on
Jun 3, 2019
Sold by
Moorcroft Peter R and Moorcroft Susan M
Bought by
Lee Miree
Seller's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Allan Leder
Preferred Properties (KW)
List Price
$1,395,000
Sold Price
$1,250,000
Premium/Discount to List
-$145,000
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.21%
Original Mortgage
$1,000,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 6, 2018
Closed on
May 30, 2019
Sold by
Moorcroft Peter R and Moorcroft Susan M
Bought by
Lee Miree
Seller's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Allan Leder
Preferred Properties (KW)
List Price
$1,395,000
Sold Price
$1,250,000
Premium/Discount to List
-$145,000
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2012
Sold by
Wells Fargo Bank Na
Bought by
Moorcroft Peter R and Moorman Susan M
Source: Public Records

Range of Values:

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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
Robley Robert P $2,310,000 --
Robley Robert P $2,310,000 None Listed On Document
Lee Miree $1,250,000 None Listed On Document
Lee Miree $1,250,000 None Listed On Document
Moorcroft Peter R $485,000 True Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Miree $1,000,000
Previous Owner Lee Miree $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2023 01/30/23 Sold $2,310,000 -14.4% $1,100 / Sq Ft
12/24/2022 12/24/22 Pending -- -- --
10/16/2022 10/16/22 Price Changed $2,699,000 -9.9% $1,285 / Sq Ft
09/12/2022 09/12/22 Price Changed $2,995,000 -14.4% $1,426 / Sq Ft
08/09/2022 08/09/22 Price Changed $3,500,000 -11.4% $1,667 / Sq Ft
07/16/2022 07/16/22 For Sale $3,950,000 +216.0% $1,881 / Sq Ft
05/30/2019 05/30/19 Sold $1,250,000 -10.4% $595 / Sq Ft View Prior Sale
03/28/2019 03/28/19 Pending -- -- --
11/06/2018 11/06/18 For Sale $1,395,000 -- $664 / Sq Ft
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 $12,461 $1,628,262 $1,238,954 $389,308
2023 $12,461 $1,613,556 $1,238,954 $374,602
2022 $11,411 $1,458,222 $1,148,691 $309,531
2021 $10,232 $1,042,588 $765,794 $276,794
2020 $9,814 $986,766 $706,887 $279,879
2019 $4,217 $419,418 $0 $0
2018 $4,238 $411,598 $0 $0
2017 $4,122 $403,133 $0 $0
2016 $4,147 $394,842 $0 $0
2015 $4,260 $392,097 $0 $0
2014 $4,387 $388,985 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Allan Leder

    Preferred Properties (KW)

    (305) 304-7359

    3 in this area

    23 Total Sales

    Allan Leder
    Section Image
  • Dave Wiley

    Seller's Agent in 2019

    Dave Wiley

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 872-3050

    5 in this area

    49 Total Sales

    Dave Wiley
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 601826

Key West Association of REALTORS®

APN: 00312170-000000

Florida Monroe County Big Pine Key 33043

2131 Coral Way, Big Pine Key, FL

This home is located at 2131 Coral Way, Big Pine Key, FL 33043 since 16 July 2022 and is currently estimated at $1,766,537, approximately $841 per square foot. This property was built in 1973. 2131 Coral Way is a home located in Monroe County with nearby schools including Sugarloaf School, Marathon Middle High School, and Key West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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