NOT LISTED FOR SALE

2201 5th St E Palmetto, FL 34221

Estimated Value: $800,000 - $1,087,000

3 Beds
3.5 Baths
2,389 Sq Ft
$385/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $517,640 $217 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,855/month

24 Days on Market

Highlights

  • Marina View
  • Access To Marina
  • Under Construction
  • Private Beach
  • Fitness Center
  • Gated Community

About This Home

As of October 2019

If space is what you need, the Key Largo is your new home. This beautiful home has 2,389 square feet, with 3 bedrooms and 3.5 bathrooms. The enormous kitchen will make any cooking aficionado's dreams come true, with quartz countertops, double oven and gas cooktop. A separate dining room along with a large family room will make it a breeze to entertain groups large or small. The master suite has a spacious bathroom with double sinks, separate water closet and an oversized walk-in closet. The amenities at Sanctuary Cove will make you feel like you are on vacation every day. Stay fit and in shape with the fitness center and resort-style pool, or hang out in the 8,600 sq. ft. clubhouse and internet cafe. For outdoor lovers, enjoy an afternoon at the beach area, savor a walk by the riverfront nature preserve or take your boat out on the water and park it in the 210-slip marina. With so many luxurious amenities, you can fill your days with adventure or just soak up the sun with a cold drink in one hand, and a book in another. Interior photos disclosed are different from the actual model being built

Last Agent to Sell the Property

Ben Goldstein

LENNAR REALTY License #3191880 Listed on: 06/19/2019

Last Buyer's Agent

M. Shane Edgar

REAL ESTATE FIRM OF FLORIDA, LLC License #604038

REAL ESTATE FIRM OF FLORIDA, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,495

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 6,000 Sq Ft Lot
  • Private Beach
  • Public Beach
  • North Facing Home
  • Level Lot
  • Landscaped with Trees
  • Property is zoned PDMU

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,389 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Sliding Doors
  • Great Room
  • Inside Utility
  • Laundry in unit
  • Marina Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Access To Marina
  • Deeded access to the beach
  • Access to Bay or Harbor
  • Covered Patio or Porch

Schools

  • James Tillman Elementary School
  • Lincoln Middle School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Creative Assoc./Sharon Gastelbondo Association
  • Built by WCI
  • Sanctuary Cove Subdivision, Key Largo Floorplan
  • The community has rules related to deed restrictions

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,495

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$298 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2389
  • Lot Size Acres: 0.13
  • New Construction: Yes
  • Year Built: 2019
  • Building Area Total: 2789
  • Lot Size Sq Ft: 6000
  • Directions to Property: Take I-75 to exit 224, turn right onto US 301, Turn left at 15th Ave Dr E, Make a left onto Sanctuary Cove Way, The Welcome Home Center will be on your right
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3181694?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3181694?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 813-917-9080
  • Projected Completion Date: 2019-12-11T05:00:00.000Z
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 216.68
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 185.6
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2018
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen, Open Floorplan
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Thermal Windows
  • Street Number Modifier: 2201
  • Room Count: 6
  • Additional Rooms: Great Room, Inside Utility
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Porch
  • Water View: Marina
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Beach - Public, Marina
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0166E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Pool
  • Association Fee: 298.1
  • Association Fee Frequency: Monthly
  • Association Name: Creative Assoc./Sharon Gastelbondo
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Email: sharon@creativeassociations.com
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3577.2
  • Monthly HOA Fee: 298.1
  • Total Monthly Fees: 298.1

Schools

  • Elementary School: James Tillman Elementary
  • High School: Palmetto High
  • Middle Or Junior School: Lincoln Middle

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1015738359
  • Additional Parcels: No
  • Lot Features: In County, Level
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: WCI

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Restrictions: See HOA for pet restrictions

Tax Info

  • Tax Annual Amount: 4495
  • Tax Block: 01
  • Tax Book Number: 00/00
  • Tax Lot: 67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2019
Closed on
Oct 31, 2019
Sold by
Wci Communities Llc
Bought by
Indre Gregory S and Indre Leslie R
Seller's Agent
Ben Goldstein
LENNAR REALTY
Buyer's Agent
M. Shane Edgar
REAL ESTATE FIRM OF FLORIDA, LLC
List Price
$517,640
Sold Price
$517,640
Current Estimated Value
$918,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,257
Avg. Annual Appreciation
10.11%
Original Mortgage
$465,876
Outstanding Balance
$405,835
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$513,062

Purchase Details

Closed on
Apr 25, 2019
Sold by
Sanctuary Cove Asli Vi Lllp
Bought by
Wci Communities Llc
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
Indre Gregory S $517,700 Calatlantic Title Inc
Wci Communities Llc $5,391,800 Calatlantic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Indre Gregory S $465,876
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $517,640 0.0% $217 / Sq Ft
07/13/2019 07/13/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $517,640 -- $217 / Sq Ft
Source: Stellar MLS

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 $8,214 $438,753 -- --
2024 $8,214 $426,388 -- --
2023 $8,097 $413,969 $0 $0
2022 $7,078 $359,154 $0 $0
2021 $6,013 $348,693 $0 $0
2020 $6,034 $335,683 $0 $0
2019 $899 $80,000 $80,000 $0
2018 $461 $22,000 $22,000 $0
2017 $444 $22,000 $0 $0
2016 $439 $21,400 $0 $0
2015 $443 $21,400 $0 $0
2014 $443 $21,400 $0 $0
2013 $447 $21,400 $21,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3181694

Stellar MLS

APN: 10157-3835-9