NOT LISTED FOR SALE

314 Palm Ave Islamorada, FL 33036

Islamorada Area

Estimated Value: $947,245 - $1,478,000

3 Beds
2 Baths
1,189 Sq Ft
$1,050/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2013

Last sale price $450,000 $378 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $7,149 / mo

305 Days on Market

Highlights

  • Beach
  • Deck
  • Granite Countertops
  • Plantation Key School Rated A-
  • Wood Flooring
  • 1-minute walk to Founders Park

About This Home

As of May 2013

''The Mermaid Cottage'' Charming, surprisingly spacious home in everyone's favorite part of town! Located at the end of Palm Ave, only a breath a way from the Ocean and close to the best dining and entertainment Islamorada has to offer. Ample storage, neat, clean, updated and ready to go, make an appointment today!

Last Agent to Sell the Property

Sarah Sheen

Prudential Keyside Properties, Islamorada Listed on: 05/18/2012

Co-Listed By

The Florida Keys Sold Sisters

Ocean Sotheby's International Realty License #3025685

Last Buyer's Agent

Verner Bodker

LoKation Real Estate - Pompano Beach License #3143825

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,173

Year Built

  • Built in 1996

Lot Details

  • Property is zoned R1 - Residential Single Family

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,189 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Storage
  • Dryer
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00398420-000000

Community Details

Overview

  • No Home Owners Association
  • Grove Park Subdivision
  • Rental Restrictions

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,173

Year Built

Built in 1996

Lot Details

6,273 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Mile Marker: 81.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3173.12
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1996
  • Alternate Key Number: 1490814
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Bahama
  • Species List: No
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1189.00
  • Pre Wired: Cable
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Storage, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Combo, Wood, Tile
  • Windows/Doors: Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Utilities: Cable Available, Septic Tank, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00398420-000000
  • Lot Size: 50 X 125
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2012
Closed on
May 10, 2013
Sold by
Bought by
Seller's Agent
Sarah Sheen
Prudential Keyside Properties, Islamorada
Buyer's Agent
Verner Bodker
LoKation Real Estate - Pompano Beach
List Price
$565,000
Sold Price
$450,000
Premium/Discount to List
-$115,000
-20.35%
Current Estimated Value
$1,248,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$798,061
Avg. Annual Appreciation
8.03%
Original Mortgage
$110,000
Interest Rate
0.0344%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 2004
Bought by

Purchase Details

Closed on
May 17, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
0.0712%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1994
Bought by

Purchase Details

Closed on
Mar 1, 1988
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 Florida Title Of The Keys
$650,000 Dba Florida Title Of Keys
$490,000 --
$310,000 --
$20,000 --
$17,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $110,000
Previous Owner $250,000
Previous Owner $100,000
Previous Owner $248,000
Previous Owner $16,803
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/17/2013 05/17/13 Sold $450,000 -20.4% $378 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
05/18/2012 05/18/12 For Sale $565,000 -- $475 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,186 $468,113
2024 $4,150 $454,921
2023 $4,150 $441,671 $0 $0
2022 $4,070 $428,807 $0 $0
2021 $4,094 $416,318 $196,875 $219,443
2020 $4,158 $421,168 $196,875 $224,293
2019 $4,535 $410,468 $183,750 $226,718
2018 $4,498 $411,143 $182,000 $229,143
2017 $4,259 $413,568 $0 $0
2016 $4,120 $374,212 $0 $0
2015 $3,650 $320,327 $0 $0
2014 $4,140 $367,454 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sarah Sheen

    Prudential Keyside Properties, Islamorada

  • The Florida Keys Sold Sisters

    Seller Co-Listing Agent in 2013

    The Florida Keys Sold Sisters

    Ocean Sotheby's International Realty

    (305) 393-0585

    79 Total Sales

    The Florida Keys Sold Sisters
    Section Image

  • V

    Buyer's Agent in 2013

    Verner Bodker

    LoKation Real Estate - Pompano Beach

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 558059

Florida Keys Board of REALTORS®

APN: 00398420-000000

Florida Monroe County Islamorada 33036

314 Palm Ave, Islamorada, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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