$2,000,000
SOLD FEB 20, 2024

27 Flamingo Hammock Rd Islamorada, FL 33036

3 Beds
2 Baths
1,710 Sq Ft
0.26 Acres

Recently Sold

$1,170 Per Sq Ft

9% Below List Price

32 Days on Market

Highlights

  • Boat Ramp
  • Assigned Dock
  • Boat Lift
  • Plantation Key School Rated A-
  • Property fronts gulf or ocean
  • 1-minute walk to Founders Park

About This Home

As of February 2024

Brand New Coastal Living in the Heart of Islamorada's Exclusive Gated Community of Bay Hammock. Welcome to your own slice of paradise on Upper Matecumbe Key in the heart of Islamorada. Embrace a pristine, just-completed home nestled within one of Islamorada's rare gated communities. This meticulously crafted ground-level residence boasts 3 bedrooms and 2 bathrooms, thoughtfully designed to epitomize our cherished coastal lifestyle. Experience the ''wow'' factor upon entering through the grand double French doors, unveiling an open floor plan that effortlessly melds living spaces. Revel in custom tile floors, exquisitely designed to mimic weathered wood, interior and exterior siding, vaulted tongue/groove ceilings, recessed lighting, barn & solid wood interior doors plus designer double blinds allowing natural light to cascade or providing privacy as desired. The kitchen serves as a focal point, inviting gatherings with its island-style seating, adorned with quartz countertops, undercounter lighting, and a backsplash infused with ocean hues. An adjacent dining area overlooks the screened pool enclosure, creating a seamless indoor-outdoor flow. The Primary Suite features a walk-in closet and a bathroom that opens onto the pool area, enhancing the indoor-outdoor living experience. Step outside onto the tiled travertine pool deck, offering multiple entertainment zones and serene lounging areas. The garage provides ample space for all your aquatic toys, fishing gear, boat, trailer, or a vehicle plus a brick paved driveway allows for exterior parking & curbside appeal. To round out the offering the home is offered tastefully furnished.Positioned directly along Florida Bay, this neighborhood embodies luxury living with a private bayfront marina just steps away featuring dedicated boat slips, a convenient boat ramp, fish cleaning stations, a kayak launching platform, and a captivating sunset observation deck offering breathtaking coastal vistas.

Last Agent to Sell the Property

Karan Moeller

Ocean Sotheby's International Realty License #0619230 Listed on: 12/06/2023

Ocean Sotheby's International Realty

Last Buyer's Agent

Lisa Frins

Century 21 Prestige Realty Grp, Tavernier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,467

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.26 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Property is zoned R1 - Residential Single Family

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,710 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Electric Gate
  • Guest Parking
  • Open Parking

Pool

  • Screened Pool
  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Boat Lift
  • Boat Slip
  • Assigned Dock
  • Screened Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00403041-002700

Community Details

Overview

  • Association fees include common area mnt
  • Bay Hammock Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,467

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1000.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Document Count: 2
  • Fee Includes: Common Area Mnt
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 83.20
  • 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: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 9466.60
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Guest Parking, Open Parking
  • Year Built: 2021
  • Alternate Key Number: 8643519
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 11300.00
  • Pool Info: In Ground, Screened In, Concrete
  • Porch Balcony: Screened Patio
  • Association Maintenance Fee Per: Yearly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1710.00
  • Pre Wired: Cable
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s), Window Treatments
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Assigned Dock, Boat Slip, Boat Lift
  • Waterfront: Bay Front, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Hardi Board Siding
  • Exterior Features: Rain Gutters
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00403041-002700
  • Lot Size: 100x113
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.26

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 1.00

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

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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: 607700

Florida Keys Board of REALTORS®

APN: 00403041-002700