NOT LISTED FOR SALE

27440 W Indies Dr Summerland Key, FL 33042

Estimated Value: $2,281,000 - $3,218,000

4 Beds
3.5 Baths
2,607 Sq Ft
$1,064/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $3,050,000 $1,170 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $14,892/month

17 Days on Market

Highlights

  • Ocean Front
  • Boat Lift
  • In Ground Pool
  • Boat Ramp
  • New Construction
  • RV or Boat Parking

About This Home

As of January 2024

Brand-New Ramrod Key Retreat with excellent boating and stunning Open Water Views! This gorgeous, fully furnished estate boasts open water access and 2023 construction with enviable amenities. Inside, a massive great room with soaring ceilings, featuring a wall of glass and Ocean Views, is the ideal space for entertaining. A well-appointed Chef's kitchen boasts stainless steel appliances, quartz countertops, pantry, and large island with storage and counter seating. As a bonus, this exemplary great room comes complete with a bar, wine cooler and ice maker, making entertaining a breeze. A generous open back balcony spans the length of the house and provides panoramic Sunrise Views, the ideal setting for enjoying morning coffee or dining outdoors with friends. Enjoy an expansive, split floor plan with three sizable guest bedrooms and luxurious bathrooms, boasting loads of space for hosting family and visitors. The tranquil primary suite offers privacy from the rest of the house, with large walk-in closet, en suite bathroom, patio access, and Views of the Open Water. An upstairs laundry room with sink and storage delivers added convenience. Downstairs, this exceptional property is fully equipped for frequent boating adventures with a brand-new dock, fillet station, 17K boat lift, and boat ramp! Enjoy immediate, deep-water access to the Atlantic and world-class fishing within minutes. Cool off after a day on the water in the sparkling pool and enjoy endless Ocean Views from this backyard oasis. A downstairs bonus storage space offers room for keeping tools and equipment dry and secure. The property features a long, wrap-around brick driveway and covered parking, perfect for trailer storage and accommodating several vehicles. Nestled within the established Breezeswept Beach Estates neighborhood but just minutes to town, this property is a must-see! Call to schedule a tour today

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677 Listed on: 11/29/2023

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Amy Bruggeman

American Caribbean Real Estate, Christie's International Real Estate License #3387593

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,485

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Ocean Front
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 2,607 Sq Ft Home
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Workshop
  • Storage
  • Tile Flooring
  • Ocean Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Pool

  • In Ground Pool
  • Fiberglass Pool

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00206700-000000

Community Details

Overview

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

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,485

Year Built

Built in 2023 | New Construction

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
  • 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
  • Neighborhood Feature: Other Area Features, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4485.41
  • Title: Negotiable
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking, RV Parking Open, Off Street Parking, Open Parking
  • Year Built: 2023
  • Alternate Key Number: 1270032
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 10900.00
  • Pool Info: In Ground, Fiberglass
  • Porch Balcony: Open Porch/Balcony
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2607.00
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Quartz Countertops, Bar, Walk-in Closet(s), Storage, Built-in Cabinets, Entrance Foyer, Pantry, Split Bedroom
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Workshop
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift, Boat Ramp
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE
  • Parcel Number: 00206700-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.25

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Jan 12, 2024
Sold by
Love Richard and Love Marguerite
Bought by
849 Red Baron Architectural Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Amy Bruggeman
American Caribbean Real Estate, Christie's International Real Estate
List Price
$3,195,000
Sold Price
$3,050,000
Premium/Discount to List
-$145,000
-4.54%
Views
5
Current Estimated Value
$2,773,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$276,292
Avg. Annual Appreciation
-5.17%

Purchase Details

Closed on
Jan 10, 2023
Sold by
27440 West Indies Llc
Bought by
Love Richard and Love Marguerite

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 22, 2021
Sold by
Messenger Mark T and Messenger Mary S
Bought by
West Indies Llc
Seller's Agent
Tommy Mack
Coastal Collection Real Estate Inc.
Buyer's Agent
Banks Prevatt
Coldwell Banker Schmitt RE Co.
List Price
$999,000
Sold Price
$980,000
Premium/Discount to List
-$19,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.54%
Original Mortgage
$1,030,000
Interest Rate
2.88%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 6, 2014
Sold by
Messenger Janet M and Messenger Mark T
Bought by
Messenger Mary T and Messenger Mary S

Purchase Details

Closed on
Dec 28, 1993
Sold by
Messenger George P and Messenger Janet
Bought by
Messenger George P

Purchase Details

Closed on
Jul 1, 1983
Bought by
Messenger Mark T

Purchase Details

Closed on
Mar 1, 1981
Bought by
Messenger Mark T

Purchase Details

Closed on
Dec 1, 1980
Bought by
Messenger Mark T

Purchase Details

Closed on
Feb 1, 1975
Bought by
Messenger Mark T
Source: Public Records

Range of Values:

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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
849 Red Baron Architectural Llc $3,050,000 Coral Reef Title
Love Richard $1,030,000 --
West Indies Llc $980,000 Nona Title Inc
Messenger Mary T -- Attorney
Messenger George P -- --
Messenger Mark T $145,000 --
Messenger Mark T $43,500 --
Messenger Mark T $23,500 --
Messenger Mark T $3,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner West Indies Llc $1,030,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2024 01/12/24 Sold $3,050,000 -4.5% $1,170 / Sq Ft
11/29/2023 11/29/23 For Sale $3,195,000 +226.0% $1,226 / Sq Ft
10/22/2021 10/22/21 Sold $980,000 -1.9% $501 / Sq Ft View Prior Sale
09/08/2021 09/08/21 For Sale $999,000 -- $510 / 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 $4,485 $1,955,322 $1,244,044 $711,278
2023 $4,485 $530,122 $530,122 $0
2022 $12,202 $1,385,269 $1,054,439 $330,830
2021 $8,695 $1,116,586 $810,660 $305,926
2020 $7,034 $718,849 $441,123 $277,726
2019 $7,527 $769,271 $458,536 $310,735
2018 $8,120 $824,755 $508,839 $315,916
2017 $7,713 $856,861 $0 $0
2016 $7,607 $880,411 $0 $0
2015 $6,491 $602,372 $0 $0
2014 $7,189 $672,505 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Ferringo

    Seller's Agent in 2024

    Lisa Ferringo

    Coldwell Banker Schmitt Lower Keys (KW)

    (305) 797-1221

    599 Total Sales

    Lisa Ferringo
    Section Image
  • Amy Bruggeman

    Buyer's Agent in 2024

    Amy Bruggeman

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 619-0818

    56 Total Sales

    Amy Bruggeman
    Section Image
  • Tommy Mack

    Seller's Agent in 2021

    Tommy Mack

    Coastal Collection Real Estate Inc.

    (305) 731-7910

    228 Total Sales

    Tommy Mack
    Section Image
  • Banks Prevatt

    Buyer's Agent in 2021

    Banks Prevatt

    Coldwell Banker Schmitt RE Co.

    90 Total Sales

    Banks Prevatt
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 607599

APN: 00206700-000000

Florida Monroe County Summerland Key 33042

27440 W Indies Dr, Summerland Key, FL

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