NOT LISTED FOR SALE

27380 Cayman Ln Summerland Key, FL 33042

Estimated Value: $1,240,000 - $1,683,000

3 Beds
2 Baths
2,312 Sq Ft
$618/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $1,300,000 $562 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,224/month

259 Days on Market

Highlights

  • RV Parking in Community
  • Deck
  • Whirlpool Bathtub
  • Home fronts a canal
  • Cathedral Ceiling
  • Lanai

About This Home

As of April 2023

Beautifully remodeled canal front home on Ramrod Key! Over 2,300 sq. ft. with 3 oversized bedrooms plus a den that could easily be converted to a 4th bedroom and 2 large bathrooms with walk in showers and separate jacuzzi tubs. Bright open floorplan and soaring cathedral ceilings. Updated with custom cabinetry, high end appliances, and Italian porcelain tile throughout. 3 levels of balconies and screened in porch allow plenty of space for entertaining and appreciating the fantastic views. New metal roof, new vinyl siding, new dock! Excellent boating with 60 ft. of canal frontage and convenient access to Looe Key, Picnic Island and the Atlantic Ocean. Huge 2+ car garage with tons of extra room for storage, a game room, or home gym. Situated on a fully fenced lot in Breezeswept Beach Estates, a wonderful waterfront community just 22 miles from Key West and a short distance to Tiki Bar restaurants and mini-golf. Welcome to your new waterfront home in paradise!

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677 Listed on: 08/01/2022

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Karen Haack

Prudential Keyside Prop/BPK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,262

Year Built

  • Built in 1997 | Remodeled

Lot Details

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

Home Design

  • Split Level Home
  • Frame Construction
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,312 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Off-Street Parking

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Davits
  • Seawall
  • Dock made with Composite Material
  • Deck
  • Screened Patio
  • Lanai
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Breezeswept Bch Est Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00205260-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,262

Year Built

Built in 1997 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Composite
  • Dockage Dock Length: 60
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Ramrod Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 27.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5262.32
  • Title: Negotiable
  • Vehicle Storage: Garage, RV Parking Covered, Covered Parking, Trailer Storage, Off Street Parking, Auto Door Opener, Attached
  • Vehicle Storage Cars: 4+
  • Year Built: 1997
  • Alternate Key Number: 1268577
  • Building Style: Split Level
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Deck, Screened Patio, Patio, Roof Top Deck
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2312.00
  • Pre Wired: Cable, Cat 5
  • G F Interior Features: LED Lighting
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Cathedral Ceilings, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Granite Counter Top, Built-in Cabinets, Entrance Foyer
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors, Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davits, Other Dockage, Basin
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Concrete, Combo Construction, Frame
  • Exterior Features: Fencing, Storage, Lanai
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00205260-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Apr 27, 2023
Sold by
D & G Properties
Bought by
Alvarez Oasis Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Karen Haack
Prudential Keyside Prop/BPK
List Price
$1,599,000
Sold Price
$1,300,000
Premium/Discount to List
-$299,000
-18.7%
Views
13
Current Estimated Value
$1,429,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,648
Avg. Annual Appreciation
3.88%

Purchase Details

Closed on
Mar 16, 2021
Sold by
Bond Douglas Marsh and Bond Adele Hull
Bought by
D & G Properties Inc

Purchase Details

Listed on
Mar 12, 2015
Closed on
Aug 7, 2015
Sold by
King Norman F
Bought by
Hull Bond Douglas Marsh and Hull Bond Adele
Seller's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Wendy Zintsmaster
Truman & Co. (KW)
List Price
$539,000
Sold Price
$529,000
Premium/Discount to List
-$10,000
-1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$529,000
Interest Rate
4.09%
Mortgage Type
VA

Purchase Details

Closed on
Jan 12, 2010
Sold by
Balcom Robert and Anzick Sarah
Bought by
King Norman F

Purchase Details

Closed on
Jun 30, 2006
Sold by
Balcom Bob
Bought by
Balcom Robert and Anzick Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
7.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 10, 1997
Sold by
Burgess Thomas D and Burgess Caron D
Bought by
Balcom Robert and Balcom Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 1997
Sold by
Stamp Arlene J
Bought by
Burgess Thomas D and Burgess Caron D

Purchase Details

Closed on
Aug 1, 1979
Bought by
Bond Douglas Marsh and Bond Adele Hull
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
Alvarez Oasis Llc $1,300,000 None Listed On Document
D & G Properties Inc $512,500 Attorney
Hull Bond Douglas Marsh $529,000 Attorney
King Norman F $285,000 Attorney
Balcom Robert $270,000 True Title Agency Inc
Balcom Robert $245,000 --
Burgess Thomas D $25,000 --
Bond Douglas Marsh $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hull Bond Douglas Marsh $529,000
Previous Owner Balcom Robert $830,000
Previous Owner Burgess Thomas D $50,000
Previous Owner Burgess Thomas D $240,000
Previous Owner Burgess Thomas D $220,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2023 04/27/23 Sold $1,300,000 -13.3% $562 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
01/25/2023 01/25/23 Price Changed $1,499,000 -6.3% $648 / Sq Ft
08/01/2022 08/01/22 For Sale $1,599,000 +202.3% $692 / Sq Ft
08/07/2015 08/07/15 Sold $529,000 -1.9% $229 / Sq Ft View Prior Sale
06/10/2015 06/10/15 Pending -- -- --
03/12/2015 03/12/15 For Sale $539,000 -- $233 / Sq Ft
Source: Marathon and Lower Keys Association 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 $8,888 $1,072,906 $486,000 $586,906
2023 $8,888 $1,052,699 $492,000 $560,699
2022 $7,045 $777,606 $414,000 $363,606
2021 $5,262 $531,688 $252,000 $279,688
2020 $5,984 $605,008 $239,400 $365,608
2019 $5,684 $570,314 $211,500 $358,814
2018 $5,418 $526,629 $219,000 $307,629
2017 $5,301 $519,387 $0 $0
2016 $5,129 $486,338 $0 $0
2015 $5,006 $455,413 $0 $0
2014 $5,380 $470,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Ferringo

    Seller's Agent in 2023

    Lisa Ferringo

    Coldwell Banker Schmitt Lower Keys (KW)

    (305) 797-1221

    599 Total Sales

    Lisa Ferringo
    Section Image

  • K

    Buyer's Agent in 2023

    Karen Haack

    Prudential Keyside Prop/BPK

  • Dave Wiley

    Seller's Agent in 2015

    Dave Wiley

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 872-3050

    49 Total Sales

    Dave Wiley
    Section Image
  • Wendy Zintsmaster

    Buyer's Agent in 2015

    Wendy Zintsmaster

    Truman & Co. (KW)

    (305) 295-9317

    106 Total Sales

    Wendy Zintsmaster
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 602057

APN: 00205260-000000

Florida Monroe County Summerland Key 33042

27380 Cayman Ln, Summerland Key, FL

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