NOT LISTED FOR SALE

27486 Martinique Ln Summerland Key, FL 33042

Estimated Value: $861,399 - $984,000

3 Beds
2 Baths
1,056 Sq Ft
$868/Sq Ft Est. Value

Last Sold October 23, 2024

Last sale price $965,000 $914 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,364/month

136 Days on Market

About This Home

As of October 2024

This stunning waterfront home has the perfect blend of luxury, functionality and tranquility. Situated on a double corner lot with 60 foot dock at the end of a tropical canal, this property offers breathtaking water views from nearly every angle. With quick ocean access and no bridges blocking your path to open water, you are just minutes away from the reef. Looking for the perfect spot to park your RV or a large boat before taking a long trip? Look no further, this home offers TWO 50 amp hook ups. Step inside to discover a spacious and inviting interior featuring 3 beautifully appointed bedrooms and 2 tastefully remodeled bathrooms, providing ample space for relaxation and entertainment. The master suite is a private retreat, complete with serene waterviews stepping through french doors to your large balcony, and a luxurious en-suite bathroom.The heart of the home is the open-concept living area, where natural light pours in through large windows, and two sets of french doors creating a bright and airy atmosphere. The well-appointed kitchen features modern appliances, custom cabinetry with every functional slider, drawer, and mechanical accessory imaginable. The gorgeous quartz countertop are perfect for the aspiring chef.Outside, the expansive patio beckons you to unwind and soak in the scenic surroundings. Whether you're lounging in the hammock by the canal or hosting a barbecue for friends and family, this outdoor space is sure to impress.Need extra space for hobbies or storage? Look no further than the bonus area, ideal for a home office, gym, or playroom. With a spacious 3-car garage and large driveway there's plenty of room for your vehicles and water toys.The infamous Looe Key Reef Resort & Tiki Bar are just steps away and Boondocks restaurant, tiki and mini golf across US1. Just over 1 mile away is the famous Kiki's sandbar waterfront bar and grille. Don't miss your chance to experience waterfront living at its finest!

Last Agent to Sell the Property

Natallie Liz

Expert Realty LLC (HQ) License #3600038 Listed on: 05/24/2024

Last Buyer's Agent

Coby Taylor

Taylor & Assoc. RE, Inc. License #2474439

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,773

Year Built

1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Fee Includes: None
  • Key Island: Ramrod Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 27.50
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6772.81
  • Vehicle Storage: Garage, RV Parking Open, Off Street Parking, Auto Door Opener
  • Vehicle Storage Cars: 4+
  • Year Built: 1995
  • Alternate Key Number: 1266060
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 12929.00
  • Porch Balcony: Open Porch/Balcony, Deck, Screened Patio, Screened P/B
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1056.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Ice Machine, Freezer, Microwave, Oven, Range, Refrigerator
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame, Stucco
  • Waterview: Bay/Gulf View, Open Water View, Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00202750-000000
  • Land Size: More than 1 Lot
  • Acres: 0.30

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Oct 23, 2024
Sold by
Miller John Michael and Miller Donna Marie
Bought by
Lovett Candace and Colbert Taylor
Seller's Agent
Natallie Liz
Expert Realty LLC (HQ)
Buyer's Agent
Coby Taylor
Taylor & Assoc. RE, Inc.
List Price
$1,165,000
Sold Price
$965,000
Premium/Discount to List
-$200,000
-17.17%
Views
6
Current Estimated Value
$917,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,900
Avg. Annual Appreciation
-4.78%
Original Mortgage
$916,750
Outstanding Balance
$906,836
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$10,264

Purchase Details

Closed on
Sep 19, 2023
Sold by
Miller John Michael
Bought by
Miller John Michael and Miller Donna Marie

Purchase Details

Listed on
Oct 8, 2017
Closed on
May 17, 2018
Sold by
Mcmahon and Mary
Bought by
Miller John J and Miller Carol A
Seller's Agent
Maclaren Maclaren
Lower Keys Realty, Co.
Buyer's Agent
Christopher Tanaka
Coldwell Banker Schmitt Real Estate Co.
List Price
$549,900
Sold Price
$530,000
Premium/Discount to List
-$19,900
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$0
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 8, 2017
Closed on
May 7, 2018
Sold by
Mcmahon and Mary
Bought by
Miller John J and Miller Carol A
Seller's Agent
Maclaren Maclaren
Lower Keys Realty, Co.
Buyer's Agent
Christopher Tanaka
Coldwell Banker Schmitt Real Estate Co.
List Price
$549,900
Sold Price
$530,000
Premium/Discount to List
-$19,900
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2001
Sold by
Thomas J Weiner M and Thomas Cheryl L
Bought by
Mcmahon Harry and Mcmahon Mary

Purchase Details

Closed on
Feb 27, 1998
Sold by
Auflick George A
Bought by
Weiner Thomas J and Weiner Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1989
Bought by
Mcmahon Harry and Mcmahon Mary

Purchase Details

Closed on
Feb 1, 1977
Bought by
Mcmahon Harry and Mcmahon Mary
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
Lovett Candace $965,000 None Listed On Document
Miller John Michael -- None Listed On Document
Miller John J $530,000 None Listed On Document
Miller John J $530,000 None Listed On Document
Mcmahon Harry $279,000 --
Weiner Thomas J $189,000 --
Mcmahon Harry -- --
Mcmahon Harry $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovett Candace $916,750
Previous Owner Miller John J $0
Previous Owner Weiner Thomas J $151,200
Closed Miller John J $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2024 10/23/24 Sold $965,000 -12.3% $914 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
07/16/2024 07/16/24 Price Changed $1,100,000 -5.6% $1,042 / Sq Ft
05/24/2024 05/24/24 For Sale $1,165,000 +119.8% $1,103 / Sq Ft
05/21/2018 05/21/18 Sold $530,000 -3.6% $502 / Sq Ft View Prior Sale
03/21/2018 03/21/18 Pending -- -- --
10/08/2017 10/08/17 For Sale $549,900 -- $521 / Sq Ft
Source: Key West 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 $6,773 $700,887 $443,303 $257,584
2023 $6,773 $848,213 $598,774 $249,439
2022 $6,086 $718,199 $483,221 $234,978
2021 $5,583 $543,186 $329,851 $213,335
2020 $5,309 $531,374 $315,144 $216,230
2019 $4,746 $435,567 $229,005 $206,562
2018 $4,753 $424,433 $231,106 $193,327
2017 $4,895 $470,790 $0 $0
2016 $4,670 $439,225 $0 $0
2015 $4,295 $354,366 $0 $0
2014 $3,473 $302,462 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Natallie Liz

    Expert Realty LLC (HQ)

    (305) 879-7658

    17 Total Sales

    Natallie Liz
    Section Image
  • Coby Taylor

    Buyer's Agent in 2024

    Coby Taylor

    Taylor & Assoc. RE, Inc.

    (305) 509-9928

    71 Total Sales

    Coby Taylor
    Section Image

  • C

    Buyer's Agent in 2024

    Colbert Taylor

    Taylor & Assoc. RE, Inc.

  • M

    Seller's Agent in 2018

    Maclaren Maclaren

    Lower Keys Realty, Co.

  • C

    Buyer's Agent in 2018

    Christopher Tanaka

    Coldwell Banker Schmitt Real Estate Co.

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 610141

Key West Association of REALTORS®

APN: 00202750-000000

Florida Monroe County Summerland Key 33042

27486 Martinique Ln, Summerland Key, FL

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