NOT LISTED FOR SALE

Estimated Value: $705,000 - $852,000

4 Beds
2 Baths
1,536 Sq Ft
$507/Sq Ft Est. Value

Last Sold February 08, 2022

Last sale price $700,000 $456 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,873/month

24 Days on Market

Highlights

  • Dock made with concrete
  • No HOA
  • Screened Patio
  • Home fronts a canal
  • Complete Accordion Shutters
  • Tile Flooring

About This Home

As of February 2022

Investment Opportunity! Waterfront duplex with 2BD|1BA on each side. Property features concrete block construction, full 70' concrete seawall, covered porch, tile flooring, accordion shutters, separate utility/laundry room on each side, 2 central AC units and 2 electric meters. Fenced yard with room to park your boat trailer. Excellent boating access to ocean and gulf. Sewer connection completed. Great investment potential or live in one side and rent the other for additional income.Enjoy Island Key Deer roaming the neighborhood. Bike paths, nature tails, PPH property owners park overlooking the open water. Please do not disturb tenants, call to preview.

Last Listed By

Stacy Shahan

Island Real Estate Company Florida Keys License #BK628142 Listed on: 11/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,884

Year Built

  • Built in 1967

Lot Details

  • 7,210 Sq Ft Lot
  • Home fronts a canal
  • Fenced

Parking

  • Open Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Dock made with concrete
  • Screened Patio

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00297380-000000

Community Details

Overview

  • No Home Owners Association
  • Association fees include common area mnt
  • Port Pine Heights Subdivision

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,884

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 25.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 70
  • Fee Includes: Common Area Mnt
  • Key Island: Big Pine Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 29.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3884.00
  • Title: Negotiable
  • Vehicle Storage: Open Parking
  • Year Built: 1967
  • Alternate Key Number: 1369519
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 7210.00
  • Porch Balcony: Patio, Screened Patio
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1536.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Oven, Refrigerator
  • Floor: Tile
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE8
  • Parcel Number: 00297380-000000
  • Lot Size: 70 x 103
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2021
Closed on
Feb 3, 2022
Bought by
Trust No 3962-3964 and Land Trust Service Corporation
Seller's Agent
Stacy Shahan
Island Real Estate Company Florida Keys
Buyer's Agent
Stacy Shahan
Prestige Realty BPK
List Price
$724,000
Sold Price
$700,000
Premium/Discount to List
-$24,000
-3.31%
Total Days on Market
24
Current Estimated Value
$778,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,000
Avg. Annual Appreciation
3.31%
Original Mortgage
$455,000
Interest Rate
3.45%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 14, 2016
Sold by
Nixon Frederick T

Purchase Details

Closed on
Dec 4, 2014
Sold by
Gonzalez Christopher
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 21, 2007
Sold by
Socha Nancy J
Bought by
Gonzalez Christopher and Pineda Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 1994
Sold by
Socha Daniel P
Bought by
Socha Daniel P

Purchase Details

Closed on
May 1, 1986
Bought by
Nixon Frederick T

Range of Values:

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Average Value
Not Available
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
Trust No 3962-3964 $700,000 Anthony J Barrows Llc
-- -- None Available
Federal National Mortgage Association -- None Available
Gonzalez Christopher $360,000 Attorney
Socha Daniel P -- --
Nixon Frederick T $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Trust No 3962-3964 $455,000
Previous Owner 3962 No Name Llc $75,000
Previous Owner Moorman Charles M $357,000
Previous Owner Gonzalez Christopher $270,000
Previous Owner Moorman Charles M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $700,000 -3.3% $456 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
11/14/2021 11/14/21 For Sale $724,000 -- $471 / 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 $6,719 $403,016 $264,084 $138,932
2023 $6,719 $612,678 $467,478 $145,200
2022 $4,867 $573,868 $426,472 $147,396
2021 $3,930 $272,292 $142,704 $129,588
2020 $3,884 $265,731 $136,143 $129,588
2019 $3,934 $270,919 $139,423 $131,496
2018 $4,008 $272,525 $100,057 $172,468
2017 $4,049 $280,726 $0 $0
2016 $3,967 $263,917 $0 $0
2015 $4,026 $257,010 $0 $0
2014 $4,256 $284,292 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Florida Keys Board of REALTORS®

MLS Number: 598486

Florida Keys Board of REALTORS®

APN: 00297380-000000