NOT LISTED FOR SALE

Estimated Value: $1,583,000 - $2,146,000

0.17 Acre
$11,117,235 Price per Acre
7,405 Sq Ft Lot

Last Sold April 05, 2024

Last sale price $1,950,000

Est. 3% decrease in value since last sale

Current estimated payment $11,318/month

13 Days on Market

About This Lot

As of April 2024

OCEANFRONT LOT WITH AN APPROVED BUILDING PERMIT! Build your dream home NOW on this 74' long lot on the prestigious Duck Key. The elevation of the cleared lot and now has a new retaining seawall. Coastline views sparkle with myriad blue and green colors that will steal your breath away. The vacant lot for sale includes an approved building permit for a 4,955-square-foot Bill Horn-designed home. $95,777 in permit fees have already been paid. Build the home as designed or modify the plans to fit your family's needs. The cost of construction to build the home or change the plans is not included in the sale price. This property is in an ideal location just inside the protected breakwater of Duck Key. Quickly paddle board or kayak over to the flats on Toms Harbor Island to explore and snorkel the coral reef and sandy shallows around the island.Duck Key is a golf cart-friendly community. The island has two marinas, water sports, and several restaurants at Hawks Cay Resort. Club Duck Key, on the island, offers an optional social club membership. Sports amenities include a pickleball court, clay tennis courts, bocce ball courts, a chilled and heated swimming pool, an outdoor super-size grill area under a roof, a commercial kitchen, and more.

Last Listed By

Kristen Brenner/Margie Casey T

Florida Keys Real Estate Group License #BK3391013 Listed on: 01/06/2024

Property Details

Property Type

Land

Est. Annual Taxes

$10,093

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • Control Depth: 5
  • Dockage Dock Length: 74
  • Dockage Seawall: Other
  • Document Count: 4
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Duck Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 61.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Fire Hydrant
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 10092.75
  • Title: Title Ins - Buyer
  • Alternate Key Number: 9104844
  • Lot Sq Ft: 7382.00
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Existing Utilities: None
  • Location Site: Fenced, Cleared Site
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: Yes
  • Survey Available: Yes
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Oceanfront, Open Water, Canal Front
  • Waterfront: Yes
  • Waterview: Open Water View, Ocean View

Utilities

  • Security: Patrolled Area

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00382700-000200
  • Land Size: Less Than 1/4 Acre
  • Building Permit: Active Permit

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
Apr 3, 2024
Sold by
Rees Michael H and Lynn M Rees Trust
Bought by
Ducks Ocean Edge Llc
Seller's Agent
Kristen Brenner/Margie Casey T
Florida Keys Real Estate Group
Buyer's Agent
Gaby Pozzi
Berkshire Hathaway HomeServices Keys Real Estate - Lower Keys
List Price
$2,000,000
Sold Price
$1,950,000
Premium/Discount to List
-$50,000
-2.5%
Total Days on Market
13
Views
17
Current Estimated Value
$1,889,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,070
Avg. Annual Appreciation
-2.86%

Range of Values:

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Average Value
Not Available
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
Ducks Ocean Edge Llc $1,950,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $1,950,000 -2.5% --
01/19/2024 01/19/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $2,000,000 -- --
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 $10,093 $1,275,619 $1,197,213 $78,406
2023 $10,093 $1,133,888 $1,054,150 $79,738
2022 $8,800 $976,139 $943,087 $33,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608090

APN: 00382700-000200