NOT LISTED FOR SALE

431 E Shore Dr Summerland Key, FL 33042

Estimated Value: $2,887,270 - $3,194,000

4 Beds
3 Baths
2,715 Sq Ft
$1,106/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $3,050,000 $1,123 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $17,257/month

38 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Granite Countertops
  • Boat Lift
  • Furnished
  • No HOA

About This Home

As of July 2024

Welcome to a rare find, this large estate property on Niles Channel offers one of THE BEST boating locations in the Lower Florida Keys. The Niles Channel bridge has a height clearance of 38' making passage to the bayside in a large boat a breeze! Access world class fishing and diving sites in minutes. The pier dock has room for multiple boats, and there is a 30k boat lift in place! The interior of this 4 bedroom 3 bath home is beautifully updated with an elegant, comfortable style. Offered fully furnished, the well appointed home shows like NEW! The main living level features a split floorplan with a luxurious primary suite and then 2 guest rooms and a full bath. The kitchen is beautiful with granite countertops and cream cabinets. Also on main level is a laundry room, large screen porch and storage. The upstairs suite offers a huge private porch with spectacular views of the aqua waters. The yard is a private oasis, with almost an acre of land, pool tiki hut, paver driveway, lush mature tropical palms and landscape lighting to give that magical touch to your evenings. The lower level has ample storage room and garage. Easy to see, call to view!

Last Agent to Sell the Property

Sandra Tuttle

Island Welcome Real Estate License #3093204 Listed on: 04/24/2024

Last Buyer's Agent

Linda Gaunaurd, P.A.

Tropic Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,481

Year Built

  • Built in 1993

Lot Details

  • 0.7 Acre Lot
  • Ocean Front
  • Property is zoned NA - Native Area District

Parking

  • Garage

Home Design

  • Metal Roof

Interior Spaces

  • 2,715 Sq Ft Home
  • Furnished
  • Ocean Views
  • Impact Glass

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Boat Lift
  • Dock made with Composite Material
  • Screened Balcony
  • Outdoor Storage
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Heating Available
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Summerland Estates Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00200600-000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,481

Year Built

Built in 1993

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: Composite
  • Fee Includes: None
  • Handicap Access: No
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 18480.96
  • Title: Negotiable
  • Vehicle Storage: Garage, Covered Parking
  • Year Built: 1993
  • Alternate Key Number: 8571771
  • Cooling Heating: Central Air
  • Lot Sq Ft: 30429.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Screened P/B
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2715.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Split Bedroom, Window Treatments, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Storage
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: Electric

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,VE
  • Parcel Number: 00200600-000500
  • Land Size: 1 Less Than 2 Acres
  • Acres: 0.70

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished, Negotiable

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jul 8, 2024
Sold by
Behr Glenn
Bought by
Palmer Michael Patrick
Seller's Agent
Sandra Tuttle
Island Welcome Real Estate
Buyer's Agent
Linda Gaunaurd, P.A.
Tropic Homes
List Price
$3,199,000
Sold Price
$3,050,000
Premium/Discount to List
-$149,000
-4.66%
Views
17
Current Estimated Value
$3,002,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,182
Avg. Annual Appreciation
-1.19%

Purchase Details

Listed on
May 31, 2018
Closed on
Aug 1, 2018
Sold by
Bank Of America Na
Bought by
Behr Glenn
Seller's Agent
Melva Wagner
Century 21 Prestige Realty Group (KW)
Buyer's Agent
Creative Technology
List Price
$1,150,000
Sold Price
$981,225
Premium/Discount to List
-$168,775
-14.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.00%

Purchase Details

Listed on
May 31, 2018
Closed on
Jul 20, 2018
Sold by
Bank Of America Na
Bought by
Behr Glenn
Seller's Agent
Melva Wagner
Century 21 Prestige Realty Group (KW)
Buyer's Agent
Creative Technology
List Price
$1,150,000
Sold Price
$981,225
Premium/Discount to List
-$168,775
-14.68%

Purchase Details

Closed on
Apr 23, 2018
Sold by
Michael O Riordan
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 20, 2006
Sold by
Oriordan Michael
Bought by
Oriordan Michael and Oriordan Kevin

Purchase Details

Closed on
May 19, 2000
Sold by
Lassoff David
Bought by
Oriordan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1997
Bought by
O'Riordan Michael

Purchase Details

Closed on
Sep 1, 1989
Bought by
O'Riordan Michael
Source: Public Records

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
Palmer Michael Patrick $3,050,000 Acuity Title
Behr Glenn $981,225 New Title Company Name
Behr Glenn $981,225 New Title Company Name
Bank Of America Na $500,100 --
Oriordan Michael -- None Available
Oriordan Michael $605,000 --
O'Riordan Michael $700,000 --
O'Riordan Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oriordan Michael $588,750
Previous Owner Oriordan Michael $484,000
Previous Owner Oriordan Michael $91,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2024 07/08/24 Sold $3,050,000 -4.7% $1,123 / Sq Ft
04/24/2024 04/24/24 For Sale $3,199,000 +226.0% $1,178 / Sq Ft
07/30/2018 07/30/18 Sold $981,225 -14.7% $361 / Sq Ft View Prior Sale
07/18/2018 07/18/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $1,150,000 -- $424 / Sq Ft
Source: Marathon and Lower Keys Association 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 $18,481 $2,811,484 $2,113,540 $697,944
2023 $18,481 $2,682,772 $1,994,411 $688,361
2022 $15,972 $2,107,727 $1,411,986 $695,741
2021 $14,195 $1,477,920 $838,399 $639,521
2020 $14,178 $1,461,023 $973,482 $487,541
2019 $13,334 $1,363,692 $953,411 $410,281
2018 $10,363 $1,013,250 $769,586 $243,664
2017 $15,531 $1,568,429 $0 $0
2016 $15,499 $1,518,507 $0 $0
2015 $22,776 $2,416,599 $0 $0
2014 $20,474 $1,870,761 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandra Tuttle

    Seller's Agent in 2024

    Sandra Tuttle

    Island Welcome Real Estate

    (305) 923-9161

    188 Total Sales

    Sandra Tuttle
    Section Image

  • L

    Buyer's Agent in 2024

    Linda Gaunaurd, P.A.

    Tropic Homes

  • Linda Gaunaurd

    Buyer's Agent in 2024

    Linda Gaunaurd

    Century 21 Circle- Islamorada

    (305) 451-3377

    24 Total Sales

    Linda Gaunaurd
    Section Image

  • M

    Seller's Agent in 2018

    Melva Wagner

    Century 21 Prestige Realty Group (KW)

  • M

    Seller Co-Listing Agent in 2018

    Monique Thiel, PA

    Sunshine State Realty Service

  • o

    Buyer's Agent in 2018

    outside of mls

    Outside Of MLS

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 609722

APN: 00200600-000500

Florida Monroe County Summerland Key 33042

431 E Shore Dr, Summerland Key, FL

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