NOT LISTED FOR SALE

27 Flamingo Hammock Rd Islamorada, FL 33036

Estimated Value: $1,840,000 - $2,141,000

0.26 Acre
$7,694,022 Price per Acre
11,300 Sq Ft Lot

Last Sold May 21, 2015

Last sale price $130,000

Est. 1,435% increase in value since last sale

Current estimated payment $11,372/month

89 Days on Market

Highlights

  • Boat Ramp
  • Property Fronts a Bay or Harbor
  • 1-minute walk to Founders Park
  • Plantation Key School Rated A-
  • Boat Slip

About This Lot

As of May 2015

Permit available for pick up on 05/28/2015! Vacant lot in secluded gated community on Upper Matecumbe Key. Lot includes a boat slip in the community marina with immediate bay access and easy ocean access. Association has changed rules that homes now only need to be 2500 sq ft under roof (rather than under air)

Last Agent to Sell the Property

Holly Hight

Ocean Sotheby's International Realty License #3234318 Listed on: 02/05/2015

Ocean Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $398

Lot Details

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

HOA Fees

  • $42 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 00403041-002700

Community Details

Overview

  • Bay Hammock Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$398

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 3
  • Document Count: 4
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Mile Marker: 83.20
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Dockage, Community Boat Ramp
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 397.71
  • Alternate Key Number: 8643519
  • Lot Sq Ft: 11300.00
  • Association Fee: 500.00
  • Association Maintenance Fee Per: Yearly
  • Mandatory HOA: Yes
  • Miscellaneous Info Mobile Home Lot: No
  • Tax Exemptions: None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Bay Front
  • Waterfront: No
  • Waterview: No Waterview

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00403041-002700
  • Land Size: 1/4 - 1/2 Acre
  • Building Permit: Applied For Permit

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2024
Sold by
Reilly James P
Bought by
Moore Randall Anthony and Moore Wendy W
Current Estimated Value
$1,995,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,280,576
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$771,911

Purchase Details

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

Purchase Details

Closed on
Jul 29, 2020
Sold by
Alejandro E Molieri Revocable Trust
Bought by
Reilly James and Reilly Alexandra

Purchase Details

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

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

Listed on
Feb 5, 2015
Closed on
May 20, 2015
Sold by
Harborgate Limited Partnership
Bought by
Santoro Fabrizio
Seller's Agent
Holly Hight
Ocean Sotheby's International Realty
Buyer's Agent
Creative Technology
List Price
$139,000
Sold Price
$130,000
Premium/Discount to List
-$9,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.55%

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 Buyer Sale Price Title Company
Moore Randall Anthony $2,000,000 Coral Reef Title
Reilly James P -- None Listed On Document
Reilly James $332,500 Ruiz-Gonzalez Law Pllc
Reilly James $332,500 Ruiz-Gonzalez Law Pllc
Molieri Alejandro E -- Attorney
Molieri Alejandro E $350,000 None Listed On Document
Molieri Alejandro E $350,000 None Listed On Document
Santoro Fabrizio $130,000 Attorney
Santoro Fabrizio $100 --
Bay Hammock Estates Lc $40,000 --
Bauer Rick -- --
Bauer Rick $36,700 --
Ryan Christel C -- --
Santoro Fabrizio $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Randall Anthony $1,300,000
Previous Owner Reilly James $580,470
Previous Owner Molieri Alejandro $93,310
Previous Owner Molieri Alejandro E $262,500
Previous Owner Molieri Alejandro E $262,500
Closed Molieri Alejandro E $93,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2015 05/21/15 Sold $130,000 -6.5% --
05/05/2015 05/05/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $139,000 -- --
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: 566608

Florida Keys Board of REALTORS®

APN: 00403041-002700