$329,500
SOLD JUL 27, 2020

27 Flamingo Hammock Rd Islamorada, FL 33036

0.26 Acre
$1,270,179 Price per Acre
11,300 Sq Ft Lot

Recently Sold

12% Below List Price

141 Days on Market

Highlights

  • Boat Ramp
  • Boat Slip
  • Wooded Lot
  • Plantation Key School Rated A-
  • Mangrove Front
  • 1-minute walk to Founders Park

About This Lot

As of February 2024

Large vacant corner lot with active building permit in the tranquil and lush gated waterfront community of Bay Hammock. Just minutes from Islamorada on the Florida Bay. Ready to build with approved architectural plans. The lot comes with a dedicated boat slip in the private marina. Common amenities include a community boat basin, boat ramp, fish cleaning station, plus water & electric at the marina. Watch the beautiful Florida Keys sunsets from the observation deck that is exclusively accessible to community members. The perfect getaway to unwind from the busy city life!

Last Agent to Sell the Property

Audrey Ross, Ph.D

Compass FLORIDA License #25294 Listed on: 01/21/2020

Compass FLORIDA

Last Buyer's Agent

Bonnie Oliver

Ocean Sotheby's International Realty License #3186690

Ocean Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,857

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 100 x 113
  • Corner Lot
  • Wooded Lot
  • Property is zoned R1 - Residential Single Family

Parking

  • Electric Gate

Listing and Financial Details

  • Assessor Parcel Number 00403041-002700

Community Details

Overview

  • Bay Hammock Subdivision

Recreation

  • Boat Ramp
  • Mangrove Front
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$2,857

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Document Count: 4
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 83.20
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2856.60
  • Alternate Key Number: 8643519
  • Lot Sq Ft: 11300.00
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Maintenance Fee Per: Yearly
  • Maintenance Fee: 1000.00
  • Mandatory HOA: Yes
  • Location Site: Paved Street, Hardwood, Mangrove, Corner Lot
  • Lot Dimensions: 100 x 113
  • Miscellaneous Info Mobile Home Lot: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: None
  • Waterfront: No
  • Waterview: No Waterview

Utilities

  • Security: Electric Gate

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00403041-002700
  • Land Size: 1/4 - 1/2 Acre
  • Building Permit: Active Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Feb 21, 2024
Sold by
Reilly James P
Bought by
Moore Randall Anthony and Moore Wendy W
Seller's Agent
Karan Moeller
Ocean Sotheby's International Realty
Buyer's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
List Price
$2,200,000
Sold Price
$2,000,000
Premium/Discount to List
-$200,000
-9.09%
Views
24
Current Estimated Value
$2,052,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,487
Avg. Annual Appreciation
3.00%
Original Mortgage
$1,300,000
Outstanding Balance
$1,285,318
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$802,347

Purchase Details

Closed on
Apr 18, 2023
Sold by
Reilly James
Bought by
Reilly James P

Purchase Details

Listed on
Jan 21, 2020
Closed on
Jul 29, 2020
Sold by
Alejandro E Molieri Revocable Trust
Bought by
Reilly James and Reilly Alexandra
Seller's Agent
Audrey Ross, Ph.D
Compass FLORIDA
Buyer's Agent
Bonnie Oliver
Ocean Sotheby's International Realty
List Price
$375,000
Sold Price
$329,500
Premium/Discount to List
-$45,500
-12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.45%

Purchase Details

Listed on
Jan 21, 2020
Closed on
Jul 27, 2020
Sold by
Alejandro E Molieri Revocable Trust and The Alejandro E Molieri Revoca
Bought by
Reilly James and Reilly Alexandra
Seller's Agent
Audrey Ross, Ph.D
Compass FLORIDA
Buyer's Agent
Bonnie Oliver
Ocean Sotheby's International Realty
List Price
$375,000
Sold Price
$329,500
Premium/Discount to List
-$45,500
-12.13%

Purchase Details

Closed on
Jan 14, 2019
Sold by
Molieri Alejandro E
Bought by
Molieri Alejandro E and Alejandro E Molieri Revocable Trust

Purchase Details

Closed on
May 10, 2018
Sold by
Fabrizio Santoro
Bought by
Molieri Alejandro E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,310
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
May 4, 2018
Sold by
Fabrizio Santoro
Bought by
Molieri Alejandro E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,310
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
May 20, 2015
Sold by
Harborgate Limited Partnership
Bought by
Santoro Fabrizio

Purchase Details

Closed on
Jan 25, 2013
Bought by
Santoro Fabrizio

Purchase Details

Closed on
Jul 25, 1997
Sold by
Rick and Bauer Mary Bauer
Bought by
Bay Hammock Estates Lc

Purchase Details

Closed on
Mar 23, 1995
Sold by
Furlong Joe and Furlong Joseph P
Bought by
Bauer Rick and Bauer Mary

Purchase Details

Closed on
Dec 2, 1994
Sold by
Bay Hammock Owners' Ass Inc
Bought by
Ryan Christel C

Purchase Details

Closed on
Feb 1, 1994
Bought by
Santoro Fabrizio
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $2,000,000 Coral Reef Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $332,500 Ruiz-Gonzalez Law Pllc
Warranty Deed $332,500 Ruiz-Gonzalez Law Pllc
Interfamily Deed Transfer -- Attorney
Warranty Deed $350,000 None Listed On Document
Warranty Deed $350,000 None Listed On Document
Warranty Deed $130,000 Attorney
Warranty Deed $100 --
Warranty Deed $40,000 --
Quit Claim Deed -- --
Warranty Deed $36,700 --
Quit Claim Deed -- --
Warranty Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,300,000 New Conventional
Previous Owner $580,470 Construction
Previous Owner $93,310 Unknown
Previous Owner $262,500 New Conventional
Previous Owner $262,500 New Conventional
Closed $93,310 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $2,000,000 -9.1% $1,170 / Sq Ft
01/07/2024 01/07/24 Pending -- -- --
12/06/2023 12/06/23 For Sale $2,200,000 +567.7% $1,287 / Sq Ft
07/27/2020 07/27/20 Sold $329,500 0.0% --
07/27/2020 07/27/20 Sold $329,500 -9.7% --
06/10/2020 06/10/20 Pending -- -- --
06/10/2020 06/10/20 Pending -- -- --
04/06/2020 04/06/20 Price Changed $365,000 0.0% --
04/06/2020 04/06/20 Price Changed $365,000 -2.7% --
01/21/2020 01/21/20 For Sale $375,000 0.0% --
12/23/2019 12/23/19 For Sale $375,000 -- --
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 $9,467 $1,755,932 $1,289,750 $466,182
2023 $9,467 $1,546,416 $1,227,600 $318,816
2022 $8,127 $1,190,936 $872,500 $318,436
2021 $2,958 $307,500 $307,500 $0
2020 $2,827 $292,500 $292,500 $0
2019 $2,857 $289,675 $289,675 $0
2018 $1,458 $192,721 $192,721 $0
2017 $1,097 $114,000 $0 $0
2016 $1,166 $114,000 $0 $0
2015 $932 $113,725 $0 $0
2014 -- $74,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589366

Florida Keys Board of REALTORS®

APN: 00403041-002700