NOT LISTED FOR SALE

240 Treasure Harbor Dr Islamorada, FL 33036

Estimated Value: $1,457,000 - $2,426,000

4 Beds
3 Baths
2,300 Sq Ft
$835/Sq Ft Est. Value

Sale Details

Date Sold: September 25, 2019

Last sale price $1,050,000 $457 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $11,301 / mo

177 Days on Market

Highlights

  • Ocean View
  • Dock made with concrete
  • Workshop
  • Plantation Key School Rated A-
  • Home fronts a canal
  • 1-minute walk to Founders Park

About This Home

As of September 2019

WATERFRONT CONCRETE HOME with OCEANVIEWS in ISLAMORADA offering DIRECT OCEAN ACCESS, perfect for the avid fishermen, snorkelers and divers, situated on a large harbour with 85' of DEEP-WATER DOCKAGE! Spacious and well-maintained 4bd/3ba with interior staircase. This home is meant for outdoor entertaining with an outdoor bar and lush tropical landscaping offering a lot of privacy along with a roof-top deck to enjoy the oceanviews. This is where you will enjoy living the FL Keys Lifestyle!

Last Agent to Sell the Property

Lisa Frins

Century 21 Prestige Realty Grp, Tavernier Listed on: 03/14/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,472

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • Home fronts a canal
  • Fenced
  • Sprinkler System
  • Property is zoned R1 - Residential Single Family

HOA Fees

  • $23 Monthly HOA Fees

Property Views

  • Ocean
  • Harbor
  • Canal

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,300 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Shutters
  • Blinds
  • Workshop
  • Tile Flooring
  • Home Security System

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Open Parking

Outdoor Features

  • Outdoor Shower
  • Davits
  • Dock made with concrete
  • Balcony
  • Patio
  • Exterior Lighting
  • Shed

Location

  • Ground Level

Utilities

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

Community Details

Overview

  • Treasure Harbor Subdivision
  • Rental Restrictions

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,472

Year Built

Built in 1971 | Remodeled

Lot Details

9,888 Sq Ft Lot

HOA Fees

$23 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 275.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Plantation Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 86.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7471.54
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Open Parking
  • Year Built: 1971
  • Alternate Key Number: 1504891
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck, Patio
  • Association Maintenance Fee Per: Yearly
  • Shutters: Bahama, Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2300.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Security System, Walk-in Closet(s)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Microwave, Ice Machine, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Workshop
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Bar, Shed, Storage, Sprinkler System, Outdoor Shower, Lighting, Fencing
  • Roof: Concrete Roof
  • Waterview: Canal View, Harbor/Marina View, Open Water View, Ocean View
  • Pool: No

Utilities

  • Security: On Premises System
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2023
Sold by
Penichet Palacios Llc
Bought by
Palacios Cristina Penichet
Current Estimated Value
$1,921,552

Purchase Details

Closed on
Sep 20, 2023
Sold by
Penichet Palacios Llc
Bought by
Penichet Palacios Cristina

Purchase Details

Listed on
Mar 14, 2019
Closed on
Sep 26, 2019
Sold by
Steven J Palermo Trust
Bought by
Penichet Palacios Llc
Seller's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
Buyer's Agent
Creative Technology
List Price
$1,275,000
Sold Price
$1,050,000
Premium/Discount to List
-$225,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$450,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2019
Closed on
Sep 25, 2019
Sold by
Steven J Palermo Trust
Bought by
Penichet Palacios Llc
Seller's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
Buyer's Agent
Creative Technology
List Price
$1,275,000
Sold Price
$1,050,000
Premium/Discount to List
-$225,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2013
Closed on
Aug 13, 2013
Sold by
Russell Robert and Russell Pauline
Bought by
Palermo Steven J and Steven J Palermo Trust
Seller's Agent
Joy Martin
Marr Properties, Inc.
Buyer's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
List Price
$895,000
Sold Price
$775,000
Premium/Discount to List
-$120,000
-13.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$550,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 19, 1999
Sold by
Perez Orlando and Perez Maria
Bought by
Russell Robert and Russell Pauline

Purchase Details

Closed on
Jul 9, 1996
Sold by
Cobb Steven L and Cobb Joan
Bought by
Perez Orlando and Perez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1990
Bought by
Palermo Steven Trust 9/000 Amended And Restat

Purchase Details

Closed on
Oct 1, 1981
Bought by
Palermo Steven Trust 9/000 Amended And Restat
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Palacios Cristina Penichet -- None Listed On Document
Penichet Palacios Cristina -- None Listed On Document
Penichet Palacios Llc $1,050,000 New Title Company Name
Penichet Palacios Llc $1,050,000 New Title Company Name
Palermo Steven J $775,000 Attorney
Russell Robert $360,000 --
Perez Orlando $248,000 --
Palermo Steven Trust 9/000 Amended And Restat $200,000 --
Palermo Steven Trust 9/000 Amended And Restat -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penichet Palacios Llc $450,000
Previous Owner Penichet Palacios Llc $450,000
Previous Owner Palermo Steven J $550,000
Previous Owner Perez Orlando $198,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2019 09/25/19 Sold $1,050,000 -17.6% $457 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $1,275,000 +64.5% $554 / Sq Ft
08/23/2013 08/23/13 Sold $775,000 -13.4% $311 / Sq Ft View Prior Sale
08/03/2013 08/03/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $895,000 -- $359 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $13,075 $1,355,441 $940,490 $414,951
2024 $13,075 $1,733,847 $1,322,985 $410,862
2023 $12,451 $1,656,311 $1,259,986 $396,325
2022 $10,854 $1,275,188 $877,490 $397,698
2021 $9,513 $884,900 $521,994 $362,906
2020 $9,604 $890,421 $521,994 $368,427
2019 $8,925 $937,583 $495,950 $441,633
2018 $7,536 $668,176 $359,450 $308,726
2017 $8,424 $786,528 $0 $0
2016 $8,117 $700,555 $0 $0
2015 $7,395 $642,755 $0 $0
2014 $7,635 $661,172 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lisa Frins

    Century 21 Prestige Realty Grp, Tavernier

  • o

    Buyer's Agent in 2019

    outside of mls

    Outside Of MLS

  • J

    Seller's Agent in 2013

    Joy Martin

    Marr Properties, Inc.

    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584764

Florida Keys Board of REALTORS®

APN: 00410640-000000

Florida Monroe County Islamorada 33036

240 Treasure Harbor Dr, Islamorada, FL

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.