NOT LISTED FOR SALE

21650 Overseas Hwy Unit 101 Summerland Key, FL 33042

Estimated Value: $758,114 - $858,000

2 Beds
3 Baths
1,156 Sq Ft
$709/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $372,750 $322 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $5,206/month

11 Days on Market

Highlights

  • Ocean Front
  • Balcony
  • Central Air
  • In Ground Pool
  • Electric Gate
  • Ceiling Fan

About This Home

As of December 2018

Gated vacation rental community in the Florida Keys. Sunrise Beach Resort is located on the Atlantic Ocean and The community features a sandy beach area, community heated pool, boat dock all for your enjoyment located in a secure gated community of only 11 homes. Great investment opportunity! This property will be sold via a live foreclosure auction. The asset will be sold ''As Is'' The buyer assumes all responsibility for property condition and to verify if unit has the possibility of vacation rentals. Auction to be conducted by third party. Please contact Agent for more information.

Last Agent to Sell the Property

Barbara Crespo

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 11/30/2018

Last Buyer's Agent

Heather Bouchard

Buy The Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,895

Year Built

  • Built in 2007

Lot Details

  • 967 Sq Ft Lot
  • Ocean Front
  • Property is zoned URM - Urban Res Mobile Home District

HOA Fees

  • $467 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 1,156 Sq Ft Home
  • Ceiling Fan
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Electric Gate

Pool

  • In Ground Pool
  • Pool Deck

Outdoor Features

  • First Come-First Served Dock
  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • Association fees include common area mnt
  • Sacarma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00174820-000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,895

Year Built

Built in 2007

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Association Fee: 1400.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Cudjoe Key
  • Limited Representation: Yes
  • Mile Marker: 21.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2894.83
  • Vehicle Storage: Covered Parking
  • Vehicle Storage Cars: 2
  • Year Built: 2007
  • Alternate Key Number: 9090905
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 967.00
  • Pool Info: Decked, In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1156.00
  • Financial Status Auction: Yes
  • Sewer Hook Up: Yes
  • Special Features: 1088
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances Other: YES
  • Total Bedrooms: 2

Exterior Features

  • Dockage: First Come Dock, Other Dockage
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00174820-000101
  • Lot Size: 29.65 x 32.63
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2019
Sold by
Cordova Michael
Bought by
Mm21 Investments Llc
Current Estimated Value
$819,529

Purchase Details

Listed on
Nov 30, 2018
Closed on
Dec 18, 2018
Sold by
Wells Fargo Bank Na
Bought by
Cordova Michael
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Heather Bouchard
Buy The Keys (KW)
List Price
$450,000
Sold Price
$372,750
Premium/Discount to List
-$77,250
-17.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.91%

Purchase Details

Closed on
Aug 24, 2018
Sold by
Simmons Gene
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Oct 18, 2007
Bought by
Simmons Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,200
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mm21 Investments Llc -- Attorney
Cordova Michael $372,800 Attorney
Wells Fargo Bank National Association -- None Available
Simmons Gene $899,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simmons Gene $719,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2018 12/20/18 Sold $372,750 -17.2% $322 / Sq Ft
12/11/2018 12/11/18 Pending -- -- --
11/30/2018 11/30/18 For Sale $450,000 -- $389 / Sq Ft
Source: Florida Keys Board 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 $5,180 $602,139 $322,000 $280,139
2024 $4,817 $519,459 $243,800 $275,659
2023 $4,817 $508,747 $243,800 $264,947
2022 $4,482 $473,234 $202,400 $270,834
2021 $4,216 $383,744 $151,800 $231,944
2020 $4,000 $356,943 $142,600 $214,343
2019 $3,906 $345,684 $142,600 $203,084
2018 $3,825 $334,022 $128,800 $205,222
2017 $3,583 $325,471 $0 $0
2016 $3,439 $306,628 $0 $0
2015 $3,171 $243,916 $0 $0
2014 $3,429 $257,634 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Barbara Crespo

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • H

    Buyer's Agent in 2018

    Heather Bouchard

    Buy The Keys (KW)

  • Heather Mason

    Buyer's Agent in 2018

    Heather Mason

    Coastal Collection Real Estate Inc.

    (305) 395-9130

    5 in this area

    57 Total Sales

    Heather Mason
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583015

Florida Keys Board of REALTORS®

APN: 00174820-000101

Florida Monroe County Summerland Key 33042

21650 Overseas Hwy Unit 101, Summerland Key, FL

Not Listed for Sale

Detached

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