NOT LISTED FOR SALE

27346 Cayman Ln Summerland Key, FL 33042

Estimated Value: $896,000 - $909,000

2 Beds
2 Baths
1,296 Sq Ft
$696/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $490,000 $378 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,384/month

186 Days on Market

Highlights

  • Dock made with wood
  • Home fronts a canal
  • Lanai
  • Boat Lift
  • Cathedral Ceiling
  • No HOA

About This Home

As of June 2020

Quick and easy ocean access from this 1,300 sq. ft. 2 Bedroom home in Breezeswept Beach Estates. The open floor plan boasts soaring ceilings in all rooms and a spacious Kitchen offering lots of cabinetry and a large center island for entertaining friends and family. Lots of glass doors and windows look out to the wrap-around porch overlooking the water. Plenty of room for all of your toys at the 60' dock complete with boat lift to store your boat when not in use. Freshly painted exterior. Breezeswept Beach Estates is just minutes to world-class fishing and diving, Picnic Island and Looe Key and just a short bike ride to 2 Tiki Bar/Restaurants, mini-golf, convenience store and more!

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 11/01/2019

Last Buyer's Agent

Pamela Stangler

Expert Realty LLC License #3253494

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,777

Year Built

  • Built in 1988

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,296 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • French Doors
  • Sliding Doors
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Boat Lift
  • Dock made with wood
  • Balcony
  • Lanai
  • Outdoor Storage

Utilities

  • Central Air
  • Septic Tank

Community Details

  • No Home Owners Association
  • Breezeswept Bch Est Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,777

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Control Depth: 3
  • Dockage Dock: Wood
  • Dockage Dock Length: 60
  • Fee Includes: None
  • Key Island: Ramrod Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 27.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3776.90
  • Title: Negotiable
  • Vehicle Storage: Carport, Trailer Storage, Off Street Parking, Covered Parking
  • Year Built: 1988
  • Alternate Key Number: 1268534
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Bahama
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1296.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Walk-in Closet(s), Cathedral Ceilings, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Oven, Refrigerator, Range, Microwave
  • Floor: Tile
  • Specialty Rooms: Other
  • Windows/Doors: French Doors, Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Lanai, Storage, Outdoor Shower
  • Roof: Shingle Roof
  • Waterview: Canal View

Utilities

  • Utilities: Buyer to Verify, FKAA, Septic Tank

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Lot Size: 60 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Jun 5, 2020
Sold by
Gilbert and Tammy
Bought by
27346 Cayman Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Pamela Stangler
Expert Realty LLC
List Price
$509,000
Sold Price
$490,000
Premium/Discount to List
-$19,000
-3.73%
Current Estimated Value
$902,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,092
Avg. Annual Appreciation
12.30%

Purchase Details

Listed on
Nov 1, 2019
Closed on
Jun 4, 2020
Sold by
Gilbert and Tammy
Bought by
27346 Cayman Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Pamela Stangler
Expert Realty LLC
List Price
$509,000
Sold Price
$490,000
Premium/Discount to List
-$19,000
-3.73%

Purchase Details

Closed on
Oct 5, 2004
Sold by
Ogilvie Quentin and Ogilvie Sheyla
Bought by
Gilbert Craig and Gilbert Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2004
Bought by
Gilbert Craig and Gilbert Tammy

Purchase Details

Closed on
Nov 6, 2000
Sold by
Dechambure Philippe J Comte
Bought by
Sharples Richard G and Sharples Linda S

Purchase Details

Closed on
Jun 21, 1999
Sold by
Thomas Lockhart J and Thomas Ann D
Bought by
Dechambure Philippe J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1990
Bought by
Gilbert Craig and Gilbert Tammy

Purchase Details

Closed on
Jun 1, 1987
Bought by
Gilbert Craig and Gilbert Tammy
Source: Public Records

Range of Values:

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Average Value
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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
27346 Cayman Llc $490,000 None Listed On Document
27346 Cayman Llc $490,000 None Listed On Document
Gilbert Craig $577,500 --
Gilbert Craig $445,000 --
Sharples Richard G $214,000 --
Dechambure Philippe J $165,000 --
Gilbert Craig $139,000 --
Gilbert Craig $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilbert Craig $375,000
Previous Owner Dechambure Philippe J $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2020 06/04/20 Sold $490,000 -1.8% $378 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
03/03/2020 03/03/20 Price Changed $499,000 -2.0% $385 / Sq Ft
11/01/2019 11/01/19 For Sale $509,000 -- $393 / 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 $6,089 $741,682 $486,000 $255,682
2023 $6,089 $735,266 $492,000 $243,266
2022 $5,599 $662,398 $414,000 $248,398
2021 $5,047 $474,115 $252,000 $222,115
2020 $4,482 $408,448 $228,000 $180,448
2019 $4,313 $388,813 $211,500 $177,313
2018 $4,481 $395,903 $219,000 $176,903
2017 $4,419 $393,324 $0 $0
2016 $4,245 $371,300 $0 $0
2015 $4,020 $327,075 $0 $0
2014 $4,096 $320,069 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588006

Florida Keys Board of REALTORS®

APN: 00205220-000000