$2,500,000
SOLD MAY 27, 2021
4 Beds
4.5 Baths
3,408 Sq Ft
0.49 Acres

Recently Sold

$734 Per Sq Ft

13% Below List Price

24 Days on Market

Highlights

  • Beach
  • Dock made with wood
  • In Ground Pool
  • Property fronts gulf or ocean
  • Sandy Beach
  • 1-minute walk to The Park

About This Home

As of May 2021

20 minutes from Key West you will find the exclusive Island of Shark Key, featuring exquisite estate homes, lush landscaping, tennis courts, private beach & a pristine swimming lagoon. This home offers almost 1/2 an acre of open water views & elevated luxury home with dipping pool, private observation deck, new floating dock, covered parking, exterior storage, air-conditioned workshop & Tiki Hut for entertaining. This is the ONLY home directly adjacent to the quiet sand beach and swim lagoon. Inside you will discover Surrounding Water Views & an open concept floor plan filled with natural light, 3 en suite bedrooms + Master Suite w/ palatial master bath, separate laundry room ,additional loft space & 2 patios for capturing Sunrise or Sunset. Approved design plans included w/sale features

Last Agent to Sell the Property

Bernice Schafer

Realty Executives Florida Keys Listed on: 04/12/2021

Co-Listed By

Michelle Blades

Realty Executives Florida Keys Old Town License #3184597

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,785

Year Built

  • Built in 2008

Lot Details

  • 0.49 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Sprinkler System
  • Property is zoned SR - Sub Urban Residential District

HOA Fees

  • $400 Monthly HOA Fees

Property Views

  • Ocean
  • Gulf

Home Design

  • Tile Roof

Interior Spaces

  • 3,408 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • French Doors
  • Loft
  • Storage

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Carport
  • Electric Gate
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • In Ground Pool
  • Dock made with wood
  • Balcony
  • Patio
  • Lanai
  • Exterior Lighting
  • Outdoor Storage
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00159252-005700

Community Details

Overview

  • Association fees include common area mnt, security
  • Shark Key Subdivision
  • Rental Restrictions

Recreation

  • Beach

Additional Features

  • Clubhouse
  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,785

Year Built

Built in 2008

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1200.00
  • Mandatory HOA: Yes
  • Control Depth: 2
  • Dockage Dock: Wood
  • Document Count: 9
  • Fee Includes: Common Area Mnt, Security
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Shark Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 11.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Clubhouse
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 14785.33
  • Vehicle Storage: Attached, Off Street Parking, Covered Parking, Carport
  • Vehicle Storage Cars: 4+
  • Year Built: 2008
  • Alternate Key Number: 8737165
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 21435.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Bahama
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3408.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Other, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Granite Counter Top
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Wine Cooler, Stainless Steel Appliance(s), Microwave, Refrigerator, Range, Oven, More Appliances, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Loft
  • Windows/Doors: French Doors, Other Windows/Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Bay Front, Oceanfront, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Storage, Sandy Beach, Sprinkler System, Lanai, Lighting
  • Roof: Tile Roof
  • Waterview: Bay/Gulf View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, On Premises System
  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,VE
  • Parcel Number: 00159252-005700
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.49

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
May 27, 2021
Sold by
Jensen Robert and Jones Brandon Dale
Bought by
77 Sunrise Isle Llc
Seller's Agent
Bernice Schafer
Realty Executives Florida Keys
Buyer's Agent
Creative Technology
List Price
$2,870,000
Sold Price
$2,500,000
Premium/Discount to List
-$370,000
-12.89%
Total Days on Market
24
Current Estimated Value
$3,923,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,423,262
Avg. Annual Appreciation
11.51%

Purchase Details

Listed on
Sep 20, 2018
Closed on
Oct 13, 2020
Sold by
Sciscione and Cheryl
Bought by
Emerald Revocable Trust
Seller's Agent
Scott Forman
Royal Palms Realty (KW)
Buyer's Agent
Bernice Schafer
Real Broker LLC
List Price
$2,450,000
Sold Price
$2,000,000
Premium/Discount to List
-$450,000
-18.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.32%

Purchase Details

Closed on
May 17, 2012
Sold by
Centennial Bank
Bought by
Sciscione Anthony C and Sciscione Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2009
Sold by
Burchfield Gary
Bought by
Key West Bank Fsb

Purchase Details

Closed on
May 13, 2009
Sold by
Burchfield Gary
Bought by
Key West Bank Fsb

Purchase Details

Closed on
Nov 10, 2005
Sold by
Highsmith Robert E and Highsmith Lori Ann
Bought by
Burchfield Gary and Thoman Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,250
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 30, 2004
Sold by
Pinder Marilyn Dean
Bought by
Highsmith Robert E and Highsmith Lori Ann S

Purchase Details

Closed on
Mar 26, 2004
Sold by
Salinero Frederick A
Bought by
Pinder Marilyn Dean

Purchase Details

Closed on
May 15, 2003
Sold by
Perfect 10 Antenna Co
Bought by
Fleming Enterprises Llc

Purchase Details

Closed on
Jan 30, 2001
Sold by
Peter J Bonafide Tr
Bought by
Geo Enterprises Inc

Purchase Details

Closed on
Jan 26, 2001
Bought by
Sciscione Anthony C and Sciscione Cheryl A

Purchase Details

Closed on
Feb 4, 1999
Sold by
Bonafide Peter J
Bought by
Bonafide Peter J

Purchase Details

Closed on
Apr 29, 1998
Sold by
Huntley William L and Huntley Linda Huntley
Bought by
Bonafide Peter

Purchase Details

Closed on
Aug 1, 1991
Bought by
Sciscione Anthony C and Sciscione Cheryl A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,500,000 Title Partners Of South Fl I
Warranty Deed $2,000,000 Oropeza Stones Cardenas Pllc
Special Warranty Deed $1,200,000 Attorney
Quit Claim Deed $1,200,000 None Available
Trustee Deed -- Attorney
Trustee Deed -- None Available
Warranty Deed $765,000 --
Warranty Deed -- --
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed $1,275,000 --
Warranty Deed -- --
Warranty Deed $100 --
Warranty Deed $153,000 --
Warranty Deed $136,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,250,000 New Conventional
Previous Owner $900,000 New Conventional
Previous Owner $497,250 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $2,500,000 -3.8% $734 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/04/2021 05/04/21 Price Changed $2,600,000 -9.4% $763 / Sq Ft
04/12/2021 04/12/21 For Sale $2,870,000 +43.5% $842 / Sq Ft
10/13/2020 10/13/20 Sold $2,000,000 -11.1% $587 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
11/12/2019 11/12/19 Price Changed $2,250,000 -8.2% $660 / Sq Ft
09/20/2018 09/20/18 For Sale $2,450,000 -- $719 / 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 $23,130 $3,120,170 $1,894,542 $1,225,628
2023 $23,130 $2,749,647 $1,565,056 $1,184,591
2022 $20,711 $2,349,199 $1,169,674 $1,179,525
2021 $15,540 $1,622,480 $604,057 $1,018,423
2020 $14,785 $1,671,718 $734,484 $937,234
2019 $12,853 $1,308,804 $589,677 $719,127
2018 $14,143 $1,406,644 $637,691 $768,953
2017 $13,797 $1,494,001 $0 $0
2016 $12,434 $1,201,552 $0 $0
2015 $14,287 $1,341,205 $0 $0
2014 $15,029 $1,497,364 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595612

Florida Keys Board of REALTORS®

APN: 00159252-005700