NOT LISTED FOR SALE

Estimated Value: $914,000 - $1,510,000

3 Beds
2 Baths
1,841 Sq Ft
$653/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $970,000 $527 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,614/month

98 Days on Market

Highlights

  • 80 Feet of Brackish Canal Waterfront
  • Access To Intracoastal Waterway
  • Canal View
  • Parking available for a boat
  • Open Floorplan
  • Key West Architecture

About This Home

As of March 2023

One or more photo(s) has been virtually staged. Make your Island dreams a reality with this solidly constructed waterfront Key West style home. Boat Dock is ready & just a few short minutes away from WORLD CLASS FISHING and pristine beaches. This property also includes bonus space on the bottom level with 2 beds/1 bath, an open living area, and dedicated kitchen space. Use the extra area as an income opportunity, guests rooms, in-law area, or entertainment space. Launch a kayak/personal watercraft with the onsite private boat ramp. Additional features include a private dock with water & power, boardwalk, firepit, and backyard large enough for a pool. Enjoy sunset views from the main level deck which is 13x23 and experience outdoor living at its best. The main living level includes an open & spacious great room, natural knotty pine plank walls and ceilings, bar top area, and large dining area. Bedroom 2 & 3 are on this level, both are oversized and tucked back away from the great room. Great storage space under the stairwell and large Laundry room adjacent to the kitchen. The master suite also includes natural pine walls, cathedral ceilings, and an observation deck to enjoy sunsets. You'll love the large master closet, garden bath, and separate shower on the upper level. Other exterior features include a metal roof, walk around deck, and a golf cart parking space. This is an estate sale so the home is sold AS/IS with right to inspect.  Bring all your water vehicles and a golf cart ,so you can make this island lifestyle a reality.

Last Agent to Sell the Property

Blake Smereczynsky

COLDWELL BANKER REALTY License #705343 Listed on: 11/14/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Shawna Wagar

GULF TO BAY SOTHEBY'S INTERNAT License #3307995

GULF TO BAY SOTHEBY'S INTERNAT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,118

Year Built

  • Built in 1992

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 80x125
  • 80 Feet of Brackish Canal Waterfront
  • Property fronts a canal with brackish water
  • East Facing Home
  • Mature Landscaping
  • Level Lot
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned BBI

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Elevated Home
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Pile Dwellings

Interior Spaces

  • 1,841 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Rods
  • French Doors
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Inside Utility
  • Canal Views
  • Attic

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer

Parking

  • Driveway
  • Parking Garage Space
  • Open Parking
  • Parking available for a boat
  • Golf Cart Parking

Outdoor Features

  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Access to Brackish Canal
  • Dock has access to water
  • No Wake Zone
  • Open Dock
  • Balcony
  • Wrap Around Porch
  • Rain Gutters

Location

  • Flood Insurance May Be Required

Schools

  • Vineland Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • 1 Septic Tank
  • Cable TV Available

Community Details

  • Palm Island Estates Community
  • Palm Island Estates Unit 3 Subdivision
  • The community has rules related to allowable golf cart usage in the community

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,118

Year Built

Built in 1992

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Elevated, Key West
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 1841
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1992
  • Lot Size Sq Ft: 10000
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Tampa
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 526.89
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Property Description: Elevated,Stilt Home
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Other, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Master Bedroom Upstairs, Open Floorplan, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: No
  • Stories: 3
  • Window Features: Blinds, Rods
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Formal Dining Room Separate,Great Room,Inside Utility,Interior In-Law Suite
  • Living Area Meters: 171.03

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, French Doors, Rain Gutters, Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Porch, Rear Porch, Wrap Around
  • Road Surface Type: Other
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Canal - Brackish,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Dock - Open,Dock w/Electric,Dock w/Water Supply,No Wake Zone
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 80
  • Additional Water Information: Deep Water canal with access to Stump Pass.
  • Water Frontage Feet Canal Bracki: 80

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Boat, Driveway, Golf Cart Parking, Open, Under Building

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Private
  • Number Of Septics: 1

Condo/Co-op/Association

  • Community Features: Golf Carts OK
  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 50.00
  • Total Monthly Fees: 4.17
  • Monthly HOA Amount: 4.17

Schools

  • Elementary School: Vineland Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: BBI
  • Parcel Number: 412029478009
  • Additional Parcels: No
  • Lot Features: Cleared, Flood Insurance Required, In County, Level, Unpaved
  • Lot Dimensions: 80x125
  • Flood Zone Code: 14VE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 12117.83
  • Tax Block: I
  • Tax Book Number: 6-4
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Canal - Brackish

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Mar 29, 2023
Sold by
Hunt Karen B
Bought by
Smith Beef Company Llc
Seller's Agent
Blake Smereczynsky
COLDWELL BANKER REALTY
Buyer's Agent
Shawna Wagar
GULF TO BAY SOTHEBY'S INTERNAT
List Price
$1,250,000
Sold Price
$970,000
Premium/Discount to List
-$280,000
-22.4%
Views
29
Current Estimated Value
$1,202,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,137
Avg. Annual Appreciation
8.08%
Original Mortgage
$224,000
Outstanding Balance
$216,959
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$985,178

Purchase Details

Closed on
Jul 18, 2011
Sold by
Lorton George H and Scopel Sandra Denise
Bought by
Lorton George H

Purchase Details

Closed on
Jun 13, 2007
Sold by
Mealey Michael and Mealey Meredith M
Bought by
Lorton George H and Lorton Sandra Denise

Purchase Details

Closed on
May 12, 2005
Sold by
Rodriguez Marianela
Bought by
Mealey Michael and Mealey Meridith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Beef Company Llc $970,000 --
Lorton George H -- Attorney
Lorton George H $703,000 None Available
Mealey Michael $785,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Beef Company Llc $224,000
Previous Owner Mealey Michael $628,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2023 03/29/23 Sold $970,000 -15.7% $527 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/01/2023 02/01/23 Price Changed $1,150,000 -4.2% $625 / Sq Ft
12/09/2022 12/09/22 Price Changed $1,200,000 -4.0% $652 / Sq Ft
11/14/2022 11/14/22 For Sale $1,250,000 -- $679 / Sq Ft
Source: Stellar MLS

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
2025 $15,726 $722,449 $244,800 $477,649
2024 $13,950 $860,108 $244,800 $615,308
2023 $13,950 $644,151 $0 $0
2022 $12,118 $705,659 $203,320 $502,339
2021 $10,723 $532,356 $130,560 $401,796
2020 $10,770 $532,522 $129,200 $403,322
2019 $11,280 $568,659 $122,400 $446,259
2018 $9,976 $523,734 $108,800 $414,934
2017 $9,539 $516,207 $108,800 $407,407
2016 $9,169 $416,711 $0 $0
2015 $8,360 $389,168 $0 $0
2014 $7,519 $353,789 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8179458

Stellar MLS

APN: 412029478009