$699,000
SOLD MAY 8, 2025

25022 Palm Ln Summerland Key, FL 33042

3 Beds
2 Baths
1,200 Sq Ft
6,052 Sq Ft Lot

Recently Sold

$582 Per Sq Ft

4% Below List Price

35 Days on Market

Highlights

  • Boat Ramp
  • Impact Glass
  • Laundry Room
  • No HOA
  • Walk-In Closet
  • Storage

About This Home

As of May 2025

Coastal Charm in Summerland Key - Elevated Island LivingWelcome to 25022 Palm Lane, a beautifully elevated 3-bedroom, 2-bathroom home in the heart of Summerland Key, offering the perfect blend of modern comfort and island charm. Situated on a spacious lot with tropical landscaping and low-maintenance gravel yard, this home is ideal for those seeking a serene Keys retreat.Step inside to find a bright, open-concept living space with tile flooring throughout, a spacious kitchen with wood cabinetry and black appliances, and large impact windows inviting in natural light. The comfortable living area seamlessly connects to the dining space, making it perfect for entertaining.Outside, enjoy your private backyard oasis featuring ample space for outdoor lounging, firepit gatherings, and even a tiki hut for the ultimate Florida Keys lifestyle. The home is built on stilts, providing covered parking for multiple vehicles, a boat, or extra storage.Located in a quiet neighborhood with easy access to boating, fishing, and stunning water views. Just a short drive to Key West or Marathon, you'll enjoy the best of both. Don't miss your chance to own a slice of paradise in the Florida Keys!

Last Agent to Sell the Property

Stephany Duvall

Engel & Volkers Marathon License #3491377 Listed on: 01/31/2025

Last Buyer's Agent

Lindsay Ryan

Island Breeze Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $760

Year Built

  • Built in 2015

Lot Details

  • 6,052 Sq Ft Lot
  • Property is zoned IS - Improved Subivision District

Parking

  • Carport

Home Design

  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Storage
  • Laundry Room
  • Tile Flooring
  • Impact Glass

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating and Cooling System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00200470-000000

Community Details

Overview

  • No Home Owners Association
  • Summerland Key Gard Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$760

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 5
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • 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: Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Ocean
  • State Province: FL
  • Taxes: 759.68
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking
  • Year Built: 2015
  • Alternate Key Number: 1263770
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6052.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1200.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Storage, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Refrigerator
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Hardi Board Siding
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA
  • Heating: Forced Air

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00200470-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
May 8, 2025
Sold by
Roden Shawn and Inman-Roden Devon
Bought by
Ball Daniel and Ball Kellen Danielle
Seller's Agent
Stephany Duvall
Engel & Volkers Marathon
Buyer's Agent
Lindsay Ryan
Island Breeze Realty, LLC
List Price
$725,000
Sold Price
$699,000
Premium/Discount to List
-$26,000
-3.59%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.20%
Original Mortgage
$722,067
Outstanding Balance
$722,067
Interest Rate
6.65%
Mortgage Type
VA
Estimated Equity
-$21,067

Purchase Details

Closed on
Aug 9, 2024
Sold by
Murphy Jason
Bought by
Roden Shawn and Inman-Roden Devon

Purchase Details

Listed on
Nov 21, 2013
Closed on
Feb 13, 2015
Sold by
Southernmost Homes Inc
Bought by
Blinebury Gary Joseph
Seller's Agent
Gary Smith
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Gary Smith
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$319,000
Sold Price
$318,000
Premium/Discount to List
-$1,000
-0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$324,837
Interest Rate
3.81%
Mortgage Type
VA

Purchase Details

Closed on
May 29, 2013
Sold by
Glaser Todd A and Glaser Nicole A
Bought by
Southernmost Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
12%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 26, 2005
Sold by
Nesmith William D and Williams Dennis K
Bought by
Glaser Todd A and Glaser Nicole A

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
5.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 11, 1998
Bought by
Blinebury Gary Joseph
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $699,000 None Listed On Document
Warranty Deed $600,000 None Listed On Document
Warranty Deed $318,000 None Available
Warranty Deed $40,000 None Available
Warranty Deed $125,000 First American Title Insuran
Warranty Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $722,067 VA
Previous Owner $385,320 VA
Previous Owner $390,064 New Conventional
Previous Owner $324,837 VA
Previous Owner $40,000 Stand Alone Second
Previous Owner $60,000 Stand Alone First
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Sold $699,000 0.0% $583 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
02/14/2025 02/14/25 Price Changed $699,000 -3.6% $583 / Sq Ft
01/31/2025 01/31/25 For Sale $725,000 +83.5% $604 / Sq Ft
10/04/2017 10/04/17 Sold $395,000 -3.7% $329 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $410,000 +28.9% $342 / Sq Ft
02/13/2015 02/13/15 Sold $318,000 -0.3% $265 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
11/21/2013 11/21/13 For Sale $319,000 -- $266 / Sq Ft
Source: Marathon and Lower Keys Association 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 $760 -- -- --
2023 $760 $339,043 $0 $0
2022 $3,192 $329,168 $0 $0
2021 $3,256 $319,581 $110,025 $209,556
2020 $3,290 $320,892 $0 $0
2019 $3,230 $313,678 $105,441 $208,237
2018 $3,506 $335,647 $125,307 $210,340
2017 $3,402 $286,705 $0 $0
2016 $3,238 $261,445 $0 $0
2015 $699 $39,963 $0 $0
2014 $374 $35,352 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613437

APN: 00200470-000000