NOT LISTED FOR SALE

263 Barry Ave Summerland Key, FL 33042

Estimated Value: $1,097,000 - $1,552,646

5 Beds
4 Baths
2,096 Sq Ft
$650/Sq Ft Est. Value

Last Sold October 11, 2018

Last sale price $1,400,000 $668 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $8,247/month

186 Days on Market

Highlights

  • Detached Guest House
  • Dock made with wood
  • Deck
  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • Granite Countertops

About This Home

As of October 2018

Incredible open water investment opportunity with ATTRACTIVE OWNER FINANCING.2 units on almost 3/4 acre of land.Highly profitable nightly/weekly vacation rental with close to 100K per year the last 3 years.The main house boasts 4 bed and 3 baths expertly decorated in lovely tropical colors. Heated pool with awesome open water vistas and walk out dock & fishing pier.2nd house is 1 bed/1 bath.To view rental info VRBO#78739all photos post Irma, no damage.PLUS mixed use zoning allow for up to 6 units for future development.Will require additional tdr's & letter of understanding from county planning.

Last Agent to Sell the Property

Cheryl Moses

Action Keys Realty of the Lower FL Keys LLC License #648470 Listed on: 02/24/2018

Last Buyer's Agent

Cheryl Moses

Action Keys Realty of the Lower FL Keys LLC License #648470 Listed on: 02/24/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,119

Year Built

  • Built in 1965

Lot Details

  • 0.67 Acre Lot
  • Property fronts gulf or ocean

Home Design

  • Frame Construction

Interior Spaces

  • 2,096 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Shutters
  • Blinds
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • Garage
  • Guest Parking
  • Open Parking

Pool

  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • Dock made with wood
  • Deck

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00215010-000000

Community Details

Overview

  • No Home Owners Association
  • Barry Beach Subdivision

Recreation

  • Bike Trail

Pet Policy

  • Pet Restriction: YES

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,119

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Little Torch Key
  • Limited Representation: No
  • Mile Marker: 29.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7119.09
  • Title: Negotiable
  • Vehicle Storage: Garage, Open Parking, Guest Parking
  • Year Built: 1965
  • Alternate Key Number: 1282286
  • Building Style: Other Bldg Style
  • Building Style Stilt Column Height: Short - 4Ft & Under
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 29250.00
  • Pool Info: Decked, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck
  • Shutters: Clam Shell
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 2096.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Walk-in Closet(s), Storage, Split Bedroom, Granite Counter Top
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Refrigerator, Oven, Microwave, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Awning Windows, Sliding Glass Doors
  • Total Bedrooms: 5
  • Sq Ft Remarks: 2128 main house624 auxiliary house

Exterior Features

  • Waterfront: Gulf Front, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00215010-000000
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.67

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2018
Closed on
Oct 15, 2018
Sold by
Weaver James M and Weaver Gerri A
Bought by
Melrose Heights Properties Llc
Seller's Agent
Cheryl Moses
Action Keys Realty of the Lower FL Keys LLC
Buyer's Agent
Cheryl Moses
Action Keys Realty of the Lower FL Keys LLC
List Price
$1,649,000
Sold Price
$1,400,000
Premium/Discount to List
-$249,000
-15.1%
Current Estimated Value
$1,362,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,785
Avg. Annual Appreciation
-0.39%

Purchase Details

Listed on
Feb 24, 2018
Closed on
Oct 12, 2018
Sold by
Weaver James M and Weaver Gerri A
Bought by
Melrose Heights Properties Llc
Seller's Agent
Cheryl Moses
Action Keys Realty of the Lower FL Keys LLC
Buyer's Agent
Cheryl Moses
Action Keys Realty of the Lower FL Keys LLC
List Price
$1,649,000
Sold Price
$1,400,000
Premium/Discount to List
-$249,000
-15.1%

Purchase Details

Closed on
Nov 23, 2005
Sold by
Weaver James M and Weaver Gerri A
Bought by
Weaver James M and Weaver Gerri A

Purchase Details

Closed on
Oct 6, 2005
Sold by
Big Torch 2 Inc
Bought by
Weaver James M and Weaver Gerri

Purchase Details

Closed on
Apr 19, 2002
Sold by
Weaver James M and Weaver Gerri A
Bought by
Big Torch 2 Inc

Purchase Details

Closed on
Apr 5, 2002
Sold by
Muller Frank F and Muller Doris
Bought by
Weaver James M and Weaver Gerri
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
Melrose Heights Properties Llc $100 True Title Agency
Melrose Heights Properties Llc $900,000 True Title Agency
Weaver James M $100 True Title Agency
Weaver James M -- --
Weaver James M -- --
Big Torch 2 Inc -- --
Weaver James M $475,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2018 10/11/18 Sold $1,400,000 -15.1% $668 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
02/24/2018 02/24/18 For Sale $1,649,000 -- $787 / Sq Ft
Source: Florida Keys Board 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 $13,239 $1,436,920 $914,922 $521,998
2023 $13,239 $1,510,779 $1,018,281 $492,498
2022 $12,320 $1,416,075 $918,750 $497,325
2021 $11,373 $1,088,333 $635,469 $452,864
2020 $11,580 $1,100,599 $635,469 $465,130
2019 $11,048 $1,039,044 $566,563 $472,481
2018 $8,801 $893,498 $551,948 $341,550
2017 $8,354 $898,822 $0 $0
2016 $7,119 $587,136 $0 $0
2015 $8,649 $794,271 $0 $0
2014 $7,878 $610,314 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Cheryl Moses

    Action Keys Realty of the Lower FL Keys LLC

    (305) 304-7680

    27 Total Sales

    Cheryl Moses
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578923

Florida Keys Board of REALTORS®

APN: 00215010-000000

Florida Monroe County Summerland Key 33042

263 Barry Ave, Summerland Key, FL

This home is located at 263 Barry Ave, Summerland Key, FL 33042 since 24 February 2018 and is currently estimated at $1,362,215, approximately $649 per square foot. This property was built in 1965. 263 Barry Ave is a home located in Monroe County with nearby schools including Sugarloaf School, Key West High School, and Big Pine Academy.

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.

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