NOT LISTED FOR SALE

320 Key Honey Rd Tavernier, FL 33070

Estimated Value: $4,014,000 - $13,038,000

10 Beds
9.5 Baths
7,983 Sq Ft
$1,196/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $12,500,000 $1,566 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $61,539/month

170 Days on Market

Highlights

  • Detached Guest House
  • Property fronts gulf or ocean
  • Newly Remodeled
  • Plantation Key School Rated A-
  • Sandy Beach
  • 1-minute walk to Indian Key

About This Home

As of June 2022

Welcome to the Old World charm of Villa Montelepre, a 10 bd/9.5 bth gated bayfront compound with over 7,900 SF total living space. Situated on approx 2 acres with coveted 100' sandy beach, protected boat basin, separate guest quarters, caretakers cottage, resort-style pool & spa, this extraordinary gated estate property offers the sought after bayfront location & open water views while accommodating extended family and friends. Custom built in 2007 to withstand 185 mph winds, with 12'' thick concrete walls, impact windows, electric shutters & shades, 12' ceilings this Mediterranean architectural masterpiece is surrounded by lush landscaping, rare mature palms, an extensive fruit garden, & orchid collection. Additional important features include vast covered porches, elevator, 4 fireplaces, indoor and outdoor showers & private balconies in each main house bath, commercial grade kitchen, refrigerators and ice maker, multi-car garages.

Last Listed By

Cheri Tindall

Ocean Sotheby's International Realty License #0411868 Listed on: 12/01/2021

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,111

Year Built

  • Built in 2007 | Newly Remodeled

Lot Details

  • 1.91 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned R1 - Residential Single Family

Home Design

  • Tile Roof

Interior Spaces

  • 7,983 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Workshop
  • Gulf Views

Kitchen

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

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Complete Electric Power Shutters
  • Impact Glass

Parking

  • 4 Car Garage
  • Automatic Garage Door Opener
  • Electric Gate

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Pool

  • Concrete Pool
  • In Ground Pool
  • Spa
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Seawall
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Randall Adams Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00418820-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,111

Year Built

Built in 2007 | Newly Remodeled

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
  • Control Depth: 4
  • Dockage Dock: Composite
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Handicap Access: Yes
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 89.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 51111.49
  • Title: Title Ins - Buyer
  • Vehicle Storage: Auto Door Opener, Garage
  • Vehicle Storage Cars: 4+
  • Year Built: 2007
  • Alternate Key Number: 1516121
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Heat, Central Air
  • Lot Sq Ft: 43941.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Shutters: Roll Down Electric, Roll Down Manual
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 7983.00
  • Financial Status Standard Sale: Yes
  • Property Condition: New Construction, Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Security System, Window Treatments, Walk-in Closet(s), Intercom, Cathedral Ceilings, Granite Counter Top, Fireplace(s), Entrance Foyer, Elevator, Drapes/Blinds Incl
  • Total Bathrooms: 10.00
  • Full Bathrooms: 9
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Wine Cooler, Washer, Range, Refrigerator, Oven, Microwave, More Appliances, Freezer, Dryer, Disposal
  • Floor: Carpet, Marble
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Workshop
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 10
  • Accessibility Features: Accessible Elevator Installed
  • Sq Ft Remarks: plus 1 acre easement

Exterior Features

  • Dockage: Basin
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Detached Guest Qtrs, Sandy Beach, Sprinkler System, Privacy Wall/Fence, Outdoor Shower, Fruit Tree(s), Lighting, Hot Tub, Fencing
  • Roof: Tile Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Cable Available, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,AE,VE
  • Parcel Number: 00418820-000000
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.91

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2023
Sold by
Christy 2017 Lp
Bought by
Hajas Peter and Hajas Lori
Total Days on Market
170
Current Estimated Value
$9,546,627

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jun 6, 2022
Sold by
Barone John J
Bought by
Christy 2017 Lp
Seller's Agent
Cheri Tindall
Ocean Sotheby's International Realty
Buyer's Agent
Creative Technology
List Price
$13,500,000
Sold Price
$12,500,000
Premium/Discount to List
-$1,000,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.65%

Purchase Details

Closed on
Dec 7, 1999
Bought by
Barone John J

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
Hajas Peter $13,750,000 None Listed On Document
Christy 2017 Lp $12,500,000 --
Barone John J $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barone Ii John J $4,500,000
Previous Owner Barone Ii John J $1,250,000
Previous Owner Barone Ii John J $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $12,500,000 -7.4% $1,566 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
12/01/2021 12/01/21 For Sale $13,500,000 -- $1,691 / 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 $97,240 $10,929,628 $6,310,541 $4,619,087
2023 $97,240 $10,653,196 $6,170,369 $4,482,827
2022 $63,907 $8,556,262 $3,876,649 $4,679,613
2021 $53,870 $5,495,373 $2,729,788 $2,765,585
2020 $51,111 $5,526,961 $2,729,788 $2,797,173
2019 $45,908 $4,562,509 $2,729,788 $1,832,721
2018 $42,600 $4,428,891 $2,595,988 $1,832,903
2017 $39,051 $4,327,370 $0 $0
2016 $38,526 $4,168,632 $0 $0
2015 $35,513 $4,065,698 $0 $0
2014 $35,486 $4,447,314 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598652

Florida Keys Board of REALTORS®

APN: 00418820-000000