NOT LISTED FOR SALE

Estimated Value: $709,000 - $875,000

3 Beds
2 Baths
1,128 Sq Ft
$687/Sq Ft Est. Value

Sale Details

Date Sold: July 22, 2024

Last sale price $690,000 $612 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,630 / mo

73 Days on Market

Highlights

  • Airstrip
  • RV Parking in Community
  • Granite Countertops
  • Boat Lift
  • Home fronts a canal
  • No HOA

About This Home

As of July 2024

Just Back on the Market!Due to a previous buyer's inability to sell their home, this ground-level waterfront property in Summerland Key is available once again. Priced to sell at $699K, this three-bedroom, two-bathroom conch cottage is a fantastic investment opportunity. Perfect as a vacation rental or a charming family home, this property offers endless potential.Key Features:Prime Location: Situated on a premier canal network with no bridges, ensuring quick, unrestricted access to open waters within just 10 minutes.Waterfront Perks: Includes a concrete seawall and a 5000-pound boat lift.Spacious Grounds: Ample room for a pool or lush tropical landscaping in the spacious yard.Privacy & Security: Fully fenced for added privacy and security.Updated Interior: Cozy Key West ambiance with soft gray tones, bead board, and tile floors. The kitchen boasts stainless steel appliances, granite countertops, a subway tile backsplash, and new cabinets, making it a dream for any home chef.Versatile Use: Ideal for use as a vacation rental or a delightful family home, offering comfort and convenience for any lifestyle.Convenient Amenities: Close to shopping and restaurants for added convenience.Important documents such as the survey and elevation certificate are available upon request. Don't miss out on this unique opportunity to own a piece of paradise in the lower Florida Keys for under $700K!

Last Agent to Sell the Property

Kathryn Baldwin

Bluescape Real Estate License #3428748 Listed on: 04/02/2024

Last Buyer's Agent

Keys Team Bryant and Kat

Expert Realty LLC (HQ)

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,797

Year Built

  • Built in 1956

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction

Interior Spaces

  • 1,128 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Blinds
  • French Doors
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Airstrip
  • Boat Lift
  • Balcony
  • Shed

Utilities

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

Additional Features

  • Handicap Accessible
  • Ground Level

Community Details

  • No Home Owners Association
  • Summerland Key Cove Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,797

Year Built

Built in 1956

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Handicap Access: Yes
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features, Airstrip
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Ocean
  • State Province: FL
  • Taxes: 3797.10
  • Title: Negotiable
  • Vehicle Storage: Open Parking, RV Parking Covered, Off Street Parking
  • Year Built: 1956
  • Alternate Key Number: 1251267
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion, Panel
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1128.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Storage, Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: French Doors, Impact Rstnce Window, Other Windows/Doors, Aluminum Windows, Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Combo Construction, Frame
  • Exterior Features: Fencing, Shed, Privacy Wall/Fence, Outdoor Shower
  • Roof: Combo Roof, Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Jul 22, 2024
Sold by
Mejia Stephanie and Mchugh Shaun Michael
Bought by
Seller's Agent
Kathryn Baldwin
Bluescape Real Estate
Buyer's Agent
Keys Team Bryant and Kat
Expert Realty LLC (HQ)
List Price
$750,000
Sold Price
$690,000
Premium/Discount to List
-$60,000
-8%
Views
54
Current Estimated Value
$774,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,778
Avg. Annual Appreciation
5.70%
Original Mortgage
$677,502
Outstanding Balance
$663,746
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$111,032

Purchase Details

Listed on
Jun 28, 2020
Closed on
Aug 28, 2020
Sold by
Brennan Jr Robert E and Brennan Madonna N
Bought by
Mejia Stephanie and Mchugh Shaun Michael
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Original Mortgage
$441,849
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2016
Closed on
Apr 19, 2017
Sold by
Murray Veronica and Murray Dustin
Bought by
Brennan Robert E and Brennan Madonna N
Seller's Agent
Moe Smyth
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Cindi Dolberry
Preferred Properties Cri (Br)
List Price
$439,000
Sold Price
$399,000
Premium/Discount to List
-$40,000
-9.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Original Mortgage
$319,200
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2010
Sold by
Smith Cheryl H
Bought by
Murray Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,590
Interest Rate
5.07%
Mortgage Type
VA

Purchase Details

Closed on
Jan 16, 2003
Sold by
Clifford Dale R and Clifford Debora L
Bought by
Smith Cheryl H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 31, 2001
Sold by
Joseph S Sieczka I
Bought by
Clifford Dale R and Clifford Debora L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,822
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1985
Bought by
Murray Veronica

Purchase Details

Closed on
Jan 1, 1982
Bought by
Murray Veronica

Purchase Details

Closed on
Feb 1, 1973
Bought by
Murray Veronica
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Summerland Key, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$690,000 None Listed On Document
Mejia Stephanie $450,000 Sanchez & Ashby Pa
Brennan Robert E $399,000 True Title Agncy Inc
Murray Veronica $260,000 First Federated Title Llc
Smith Cheryl H $250,000 First American Title Ins Co
Clifford Dale R $175,000 --
Murray Veronica $65,000 --
Murray Veronica $59,000 --
Murray Veronica $19,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $677,502
Previous Owner Mejia Stephanie $441,849
Previous Owner Brennan Robert E $126,100
Previous Owner Brennan Robert E $319,200
Previous Owner Murray Veronica $261,179
Previous Owner Murray Veronica $265,590
Previous Owner Smith Cheryl H $186,300
Previous Owner Smith Cheryl $333,700
Previous Owner Smith Cheryl H $50,000
Previous Owner Smith Cheryl H $199,500
Previous Owner Clifford Dale R $105,000
Previous Owner Clifford Dale R $60,000
Previous Owner Clifford Dale R $38,822
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2024 07/22/24 Sold $690,000 -1.3% $612 / Sq Ft
05/31/2024 05/31/24 Price Changed $699,000 -3.6% $620 / Sq Ft
04/29/2024 04/29/24 Price Changed $725,000 -3.3% $643 / Sq Ft
04/02/2024 04/02/24 For Sale $750,000 +66.7% $665 / Sq Ft
09/03/2020 09/03/20 Sold $450,000 -2.2% $399 / Sq Ft View Prior Sale
08/19/2020 08/19/20 Pending -- -- --
06/28/2020 06/28/20 For Sale $460,000 +15.3% $408 / Sq Ft
04/19/2017 04/19/17 Sold $399,000 -9.1% $354 / Sq Ft View Prior Sale
03/02/2017 03/02/17 Pending -- -- --
08/17/2016 08/17/16 For Sale $439,000 -- $389 / Sq Ft
Source: Key West Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,509 $573,072 $375,000 $198,072
2024 $4,224 $533,502
2023 $4,224 $514,771 $0 $0
2022 $3,797 $416,839 $0 $0
2021 $3,697 $367,860 $198,000 $169,860
2020 $949 $350,701 $0 $0
2019 $912 $314,674 $0 $0
2018 $1,670 $308,807 $193,500 $115,307
2017 $3,635 $311,378 $0 $0
2016 $2,480 $224,731 $0 $0
2015 $2,545 $223,169 $0 $0
2014 $2,608 $221,398 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 609416

Key West Association of REALTORS®

APN: 00189280-000000

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