NOT LISTED FOR SALE

371 Avenue D Summerland Key, FL 33042

Estimated Value: $1,510,000 - $2,832,000

3 Beds
2 Baths
1,287 Sq Ft
$1,553/Sq Ft Est. Value

Last Sold November 25, 2021

Last sale price $2,200,000 $1,709 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $11,684/month

31 Days on Market

Highlights

  • Airstrip
  • Sandy Beach
  • Cathedral Ceiling
  • Ocean Front
  • Concrete Pool
  • No HOA

About This Home

As of November 2021

Ultimate Oceanfront Beach House! Located in one of the Lower Keys most sought after waterfront communities, Summerland Beach. Breathtaking, ocean views from your private beachfront oasis. Enjoy the inviting oceanfront pool or take a dip in the crystal waters off of your own private beach. This custom built coastal home has 3 bedrooms and 2 bathrooms. High ceilings, spacious open living room, dining & entertaining areas all with amazing ocean views. Large covered balcony perfect for relaxing, overlooking the pool, beach and open water. Impact windows and doors, and new metal roof.The colossal master suite has views of the the sparkling blue Atlantic Ocean waters and offers spa inspired shower, dual bathrooms & sinks. Outside is a welcoming and comfortable island setting with large entertaining area for soaking up paradise. Room for a RV & all your water toys. Storage room below. Property is fenced & landscaped with mature tropical palm trees.Direct Ocean & Gulf boating access. ACOE approval for a 1100 SF dock & two 15,000# Boat Lifts.Included in the sale is a vacant non-waterfront lot that gives rights to use the Blanche Bergin Marina Park. Easy to preview call listing agent to set up showings. No trespassing please!

Last Agent to Sell the Property

Stacy Shahan

Prestige Realty BPK Listed on: 09/12/2021

Co-Listed By

John Takovich

Coldwell Banker Schmitt R.E.

Last Buyer's Agent

Dave Wiley

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,095

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 9,800 Sq Ft Lot
  • Ocean Front
  • Sandy Beach
  • Fenced
  • Property is zoned IS - Improved Subivision District

Parking

  • Open Parking

Home Design

  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,287 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Storage
  • Tile Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Airstrip
  • Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00198080-000000

Community Details

Overview

  • No Home Owners Association
  • Summerland Beach Subdivision
  • Rental Restrictions

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,095

Year Built

Built in 1990 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00199550-000000
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Document Count: 3
  • Fee Includes: None
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 7095.00
  • Vehicle Storage: Open Parking, Trailer Storage
  • Year Built: 1990
  • Alternate Key Number: 1259705
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 9800.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Open Porch/Balcony, Patio
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1287.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Sq Ft Remarks: Buyer to verify all dimensions.

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Fencing, Sandy Beach, Storage
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE, VE
  • Parcel Number: 00198080-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2021
Closed on
Nov 23, 2021
Sold by
Summerland Key Llc
Bought by
Abernethy William Randolph
Seller's Agent
Stacy Shahan
Prestige Realty BPK
Buyer's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co.
List Price
$2,290,000
Sold Price
$2,200,000
Premium/Discount to List
-$90,000
-3.93%
Current Estimated Value
$1,998,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$201,185
Avg. Annual Appreciation
-2.83%
Original Mortgage
$1,870,000
Outstanding Balance
$1,722,080
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$250,438

Purchase Details

Closed on
Jun 22, 2020
Sold by
Sprinklermatic Fire Protection Systems I
Bought by
Summerland Key Llc

Purchase Details

Closed on
May 16, 2007
Sold by
Collier Robin E
Bought by
Sprinklermatic Automatic Fire Sprinklers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 1, 2006
Sold by
Rakowski Theodore J and Rakowski Nancy J
Bought by
Collier Robin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,067,500
Interest Rate
6.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 7, 2003
Sold by
Deluna Tommy and Worthington Patricia
Bought by
Rakowski Theodore and Rakowski Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 17, 2000
Sold by
Harvey Judith M
Bought by
Deluna Tommy R and Worthington Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
8.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1986
Bought by
Sprinklermatic Automatic Fire Sprinklers Inc
Source: Public Records

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
Abernethy William Randolph $2,200,000 Attorney
Summerland Key Llc -- Attorney
Sprinklermatic Automatic Fire Sprinklers -- Attorney
Collier Robin E $1,525,000 Chicago Title Of Fl Keys Inc
Rakowski Theodore $890,000 Chicago Title Of The Florida
Deluna Tommy R $418,500 --
Sprinklermatic Automatic Fire Sprinklers Inc $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abernethy William Randolph $1,870,000
Previous Owner Sprinklermatic Automatic Fire Sprinklers $500,000
Previous Owner Collier Robin E $1,067,500
Previous Owner Rakowski Theodore $712,000
Previous Owner Deluna Tommy R $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2021 11/25/21 Sold $2,200,000 -3.9% $1,709 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
09/12/2021 09/12/21 For Sale $2,290,000 -- $1,779 / 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 $12,413 $1,622,450 $1,138,412 $484,038
2023 $12,413 $1,538,075 $1,074,246 $463,829
2022 $10,845 $1,225,367 $760,530 $464,837
2021 $6,934 $681,842 $451,585 $230,257
2020 $7,096 $692,775 $458,715 $234,060
2019 $6,984 $678,042 $437,326 $240,716
2018 $7,180 $679,602 $432,230 $247,372
2017 $7,737 $744,790 $0 $0
2016 $8,169 $766,941 $0 $0
2015 $10,173 $1,030,416 $0 $0
2014 $9,218 $805,527 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 597701

Florida Keys Board of REALTORS®

APN: 00198080-000000