NOT LISTED FOR SALE

388 S Coconut Palm Blvd Tavernier, FL 33070

Estimated Value: $2,867,241 - $3,604,000

4 Beds
3 Baths
2,516 Sq Ft
$1,262/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $2,600,000 $1,033 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $18,334/month

44 Days on Market

Highlights

  • Boat Ramp
  • Dock made with wood
  • Gulf View
  • Plantation Key School Rated A-
  • Property Fronts a Bay or Harbor
  • 1-minute walk to Old Settler's Park

About This Home

As of June 2022

Gorgeous views and a great location!!! Located in popular Plantation Key Colony in Islamorada, this property hasn't been on the market in over 30+ years. CBS, 4 Bedroom, 3 Bathroom home with elevator, has 1729 square feet upstairs with three bedrooms and two bathrooms. The downstairs has a legal non-conforming area of 787 square feet with one bedroom, one bathroom, kitchenette, and storage room. The outdoors features 70' of waterfront, plenty of room for all your toys, plus room to add a pool. New roof and impact windows added in 2017 (sliders are not impact). With a few additional updates this could be your dream keys home! Community features voluntary homeowners park with boat ramp for easy access to launch your boats for $250.00 annually. Seller will consider financing with large down payment.

Last Agent to Sell the Property

Jim Signor

LoKation Real Estate License #525352 Listed on: 03/27/2022

LoKation Real Estate

Last Buyer's Agent

Joe Talamas

Coldwell Banker Schmitt Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,060

Year Built

  • Built in 1971

Lot Details

  • 0.29 Acre Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Property is zoned RM-1 - Residential Medium - 1

Property Views

  • Gulf
  • Canal

Home Design

  • Metal Roof

Interior Spaces

  • 2,516 Sq Ft Home
  • Ceiling Fan
  • Storage
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Seawall
  • Dock made with wood
  • Balcony
  • Deck
  • Screened Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00430010-000000

Community Details

Overview

  • No Home Owners Association
  • Plant Key Colony Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,060

Year Built

Built in 1971

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
  • Dockage Dock: Wood
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 90.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 10060.08
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Off Street Parking
  • Year Built: 1971
  • Alternate Key Number: 1527971
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 12810.00
  • Porch Balcony: Deck, Screened Patio, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2516.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Elevator, Storage, Walk-in Closet(s)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Wine Cooler, Refrigerator, Range, Oven, Microwave, Ice Machine, Freezer, Dryer
  • Floor: Combo
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 4
  • Accessibility Features: Accessible Elevator Installed
  • Sq Ft Remarks: Square footage is from public records and includes 1729sf upstairs and 787sf downstairs.

Exterior Features

  • Waterfront: Bay Front, Open Water, Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,VE,AE
  • Parcel Number: 00430010-000000
  • Lot Size: 70' x 180/185'
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.29

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2022
Closed on
Jun 21, 2022
Sold by
David Etting
Bought by
Suarez Clara and Suarez Ricardo
Seller's Agent
Jim Signor
LoKation Real Estate
Buyer's Agent
Joe Talamas
Coldwell Banker Schmitt Islamorada
List Price
$3,200,000
Sold Price
$2,600,000
Premium/Discount to List
-$600,000
-18.75%
Current Estimated Value
$3,174,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$574,060
Avg. Annual Appreciation
6.16%
Original Mortgage
$1,950,000
Outstanding Balance
$1,825,069
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$1,348,991

Purchase Details

Closed on
Aug 1, 1988
Bought by
Etting Christian and Etting Sandra

Purchase Details

Closed on
Jun 1, 1986
Bought by
Etting Christian and Etting Sandra

Purchase Details

Closed on
Nov 1, 1983
Bought by
Etting Christian and Etting Sandra

Purchase Details

Closed on
Feb 1, 1969
Bought by
Etting Christian and Etting Sandra
Source: Public Records

Range of Values:

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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
Suarez Clara $2,600,000 Erik S Bloom Pa
Etting Christian $282,500 --
Etting Christian $274,500 --
Etting Christian $275,000 --
Etting Christian $6,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suarez Clara $1,950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2022 06/27/22 Sold $2,600,000 -10.3% $1,033 / Sq Ft
04/29/2022 04/29/22 Price Changed $2,900,000 -9.4% $1,153 / Sq Ft
03/27/2022 03/27/22 For Sale $3,200,000 -- $1,272 / 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 $20,643 $2,391,507 -- --
2023 $20,643 $2,258,328 $1,673,627 $584,701
2022 $12,680 $1,810,805 $1,313,153 $497,652
2021 $10,060 $994,961 $597,356 $397,605
2020 $10,194 $1,004,398 $597,356 $407,042
2019 $5,171 $516,392 $0 $0
2018 $4,745 $506,764 $0 $0
2017 $4,546 $496,341 $0 $0
2016 $4,697 $486,133 $0 $0
2015 $4,585 $482,754 $0 $0
2014 $4,572 $478,923 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Signor

    Seller's Agent in 2022

    Jim Signor

    LoKation Real Estate

    (305) 394-4449

    6 in this area

    69 Total Sales

    Jim Signor
    Section Image

  • J

    Buyer's Agent in 2022

    Joe Talamas

    Coldwell Banker Schmitt Islamorada

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600304

Florida Keys Board of REALTORS®

APN: 00430010-000000

Florida Monroe County Tavernier 33070

388 S Coconut Palm Blvd, Tavernier, FL

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