NOT LISTED FOR SALE

Estimated Value: $786,000 - $1,034,369

2 Beds
2 Baths
1,177 Sq Ft
$778/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $875,000 $743 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,947/month

24 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Open Floorplan
  • White Water Ocean Views
  • Boat Lift
  • Key West Architecture

About This Home

As of January 2023

This 2 bedroom, 2 bath Key West style waterfront home is located on Palm/Don Pedro Island. Master bedroom and bath and second bedroom both have water views. Open floor plan and high ceilings where the kitchen and great room also offer great water views. Private dock with boat lift. 80 feet of water frontage facing Bocilla Lagoon. Situated with a western view over this 300+ foot wide waterway to enjoy beautiful sunsets. One of the many special amenities of this home is the 4.95 KW photo Voltaic Solar electric system. Huge area between house and waterway leaving plenty of room for a future pool, outside kitchen and entertainment areas.

Last Agent to Sell the Property

Kevin Mackin

MICHAEL SAUNDERS & COMPANY License #683818 Listed on: 04/05/2022

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Robin Madden

ISLANDER PROPERTIES INC License #3054042

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,007

Year Built

  • Built in 1988

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80x135
  • 80 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Dirt Road
  • West Facing Home
  • Property is zoned BBI

Home Design

  • Key West Architecture
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Pile Dwellings

Interior Spaces

  • 1,177 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • White Water Ocean Views

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Parking Garage Space
  • Open Parking
  • Golf Cart Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fixed Bridges
  • Dock has access to water
  • Boat Lift
  • Balcony
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palm Island Estates Community
  • Palm Island Estates Unit 4 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,007

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1177
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 2386
  • Lot Size Sq Ft: 10800
  • Directions to Property: South on McCall Rd. to Right on Placida Rd. to Right on Panama Blvd. to car ferry landing.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6124527?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6124527?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1.01744
  • Price per Sq Ft: 743.42
  • Close to Original List Price Ratio: 1.10063
  • Ratio: Current Price\Building Area Total: 366.72
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 261
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, French Doors, Rain Gutters, Storage
  • Roof: Metal
  • Pool Private: No
  • Water Body Name: Bocilla Lagoon
  • Waterfront: Yes
  • Road Surface Type: Dirt
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Bridges - Fixed, Dock w/Electric, Dock w/Water Supply, Lift
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 80
  • Water Frontage Feet Bay Harbor: 80

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Golf Cart Parking, Open, Under Building
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Fire Hydrant, Phone Available, Solar, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Laundry Closet
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: BBI
  • Parcel Number: 412033401001
  • Additional Parcels: No
  • Lot Dimensions: 80x135
  • Flood Zone Code: VE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 8006.98
  • Tax Block: C
  • Tax Book Number: 6-4
  • Tax Lot: 32

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2022
Sold by
Watson Living Trust
Bought by
Craig Edward Allen and Craig Dena Renee
Current Estimated Value
$916,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2016
Bought by
Watson Richard D & Jill D Trs

Purchase Details

Listed on
Jun 15, 2013
Closed on
Jul 23, 2013
Sold by
Engel Edward I and Engel Harriet Judith
Bought by
Watson Richard D and Watson Jill D
Seller's Agent
Kevin Mackin
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Kevin Mackin
MICHAEL SAUNDERS & COMPANY
List Price
$339,000
Sold Price
$320,000
Premium/Discount to List
-$19,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Original Mortgage
$288,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1998
Sold by
Calderon Victor F
Bought by
Engel Edward I and Engel Judith H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

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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
Craig Edward Allen $875,000 --
Watson Richard D & Jill D Trs $100 --
Watson Richard D $320,000 Msc Title Inc
Engel Edward I $120,000 --
Engel Edward J $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Craig Edward Allen $647,000
Previous Owner Watson Richard D $268,000
Previous Owner Watson Richard D $288,000
Previous Owner Engel Edward I $125,000
Previous Owner Engel Edward I $92,000
Previous Owner Engel Edward I $100,000
Previous Owner Engel Edward J $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $875,000 +1.7% $743 / Sq Ft
07/25/2022 07/25/22 Price Changed $860,000 +8.2% $731 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $795,000 +148.4% $675 / Sq Ft
07/24/2013 07/24/13 Sold $320,000 -5.6% $272 / Sq Ft
06/20/2013 06/20/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $339,000 -- $288 / Sq Ft
Source: Stellar MLS

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
2023 $11,576 $579,795 $201,144 $378,651
2022 $9,246 $528,926 $166,464 $362,462
2021 $8,007 $367,985 $110,976 $257,009
2020 $7,948 $363,305 $107,508 $255,797
2019 $8,235 $380,549 $104,040 $276,509
2018 $7,609 $362,707 $104,040 $258,667
2017 $7,275 $351,862 $104,040 $247,822
2016 $7,199 $339,949 $0 $0
2015 $6,854 $313,988 $0 $0
2014 $6,230 $285,444 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6124527

Stellar MLS

APN: 412033401001