NOT LISTED FOR SALE

240 S 240 Coconut Palm Blvd Plantation Key, FL 33070

Estimated Value: $1,450,000 - $2,036,000

2 Beds
1.5 Baths
1,022 Sq Ft
$1,753/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $1,500,000 $1,468 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,376/month

30 Days on Market

Highlights

  • Boat Ramp
  • Gated with Attendant
  • Impact Glass
  • Plantation Key School Rated A-
  • Home fronts a canal
  • 1-minute walk to Old Settler's Park

About This Home

As of November 2023

This canal-front residence in Islamorada is situated on a double lot spanning 12,000SF. The home features 2 bedrooms and 1.5 bathrooms, and it underwent a complete renovation in 2016, including the installation of impact windows and doors. The updated kitchen has wood cabinets, granite countertops, and new appliances. The bathroom was also updated, including new plumbing with PVC pipes. The home boasts tile floors, central AC, recessed lighting, and a metal roof installed in 2019.The property's outdoor area features a Picket PVC fence that was installed in 2017, complete with a rolling gated entrance. The yard is generously sized and easy to maintain, with the backyard facing the East. Offering a 100' of waterfrontage, a 13,000lb cradle lift, an outdoor shower, and covered parking. It is located in a desirable neighborhood with access to a community homeowner's park featuring a boat ramp. The canal system provides access to the Florida Bay and is just minutes away from Tavernier Creek with easy access to the ocean side. The property is conveniently close to Plantation Key School and Coral Shores High School, as well as various restaurants, grocery stores, a movie theater, and shopping options, all just minutes away.

Last Agent to Sell the Property

Claire Johnson

Coastal Realty of the Florida Keys License #3046906 Listed on: 10/09/2023

Coastal Realty of the Florida Keys

Last Buyer's Agent

Randall Mears

Ocean Sotheby's International Realty License #3441753

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,927

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Metal Roof

Interior Spaces

  • 1,022 Sq Ft Home
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00427220-000000

Community Details

Overview

  • Plant Key Colony Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,927

Year Built

Built in 1964 | Remodeled

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Fee: 250.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Control Depth: 4
  • Dockage Dock Length: 100
  • Fee Includes: None
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 90.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2927.42
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport
  • Year Built: 1964
  • Alternate Key Number: 1525219
  • Cooling Heating: Central Air
  • Lot Sq Ft: 12000.00
  • Association Maintenance Fee Per: Yearly
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1022.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Security: Manned Gate
  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00427220-000000
  • Lot Size: 100 x 120
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.28

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Nov 15, 2023
Sold by
Pearce Martha J
Bought by
Steele Brian K and Steele Christine E
Seller's Agent
Claire Johnson
Coastal Realty of the Florida Keys
Buyer's Agent
Randall Mears
Ocean Sotheby's International Realty
List Price
$1,550,000
Sold Price
$1,500,000
Premium/Discount to List
-$50,000
-3.23%
Views
8
Current Estimated Value
$1,855,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,654
Avg. Annual Appreciation
10.82%

Purchase Details

Closed on
Mar 5, 2007
Sold by
Pearce Robert J
Bought by
Pearce Robert and Pearce Martha J

Purchase Details

Closed on
Mar 16, 1999
Sold by
Robert J Pearce Jr Tr
Bought by
Pearce Robert J
Source: Public Records

Range of Values:

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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
Steele Brian K $1,500,000 Turner Title
Pearce Robert -- Attorney
Pearce Robert J $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $1,500,000 -3.2% $1,468 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $1,550,000 -- $1,517 / 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
2024 $2,936 $1,549,723 $1,346,160 $203,563
2023 $2,936 $263,604 $0 $0
2022 $2,927 $255,927 $0 $0
2021 $2,922 $248,473 $0 $0
2020 $2,899 $245,043 $0 $0
2019 $2,883 $239,534 $0 $0
2018 $2,803 $235,068 $0 $0
2017 $2,702 $230,234 $0 $0
2016 $2,765 $225,499 $0 $0
2015 $2,713 $223,931 $0 $0
2014 $2,691 $222,154 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Claire Johnson

    Seller's Agent in 2023

    Claire Johnson

    Coastal Realty of the Florida Keys

    (305) 731-4602

    75 in this area

    137 Total Sales

    Section Image

  • R

    Buyer's Agent in 2023

    Randall Mears

    Ocean Sotheby's International Realty

    Section Image

  • R

    Buyer's Agent in 2023

    Randall Mears III

    Sharon J. Kelly Realty, Inc.

  • R

    Buyer's Agent in 2023

    Randy Mears

    Coldwell Banker Schmitt Real Estate Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 606956

Florida Keys Board of REALTORS®

APN: 00427220-000000

Florida Monroe County Plantation Key 33070

240 S 240 Coconut Palm Blvd, Plantation Key, FL

This home is located at 240 S 240 Coconut Palm Blvd, Plantation Key, FL 33070 since 09 October 2023 and is currently estimated at $1,791,843, approximately $1,753 per square foot. This property was built in 1964. 240 S 240 Coconut Palm Blvd is a home located in Monroe County with nearby schools including Plantation Key School, Coral Shores High School, and Treasure Village Montessori Charter 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.

Florida Keys Board 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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