$665,000
SOLD FEB 5, 2025

437 Palmetto Ave Big Pine Key, FL 33043

3 Beds
3 Baths
1,304 Sq Ft
0.3 Acres

Recently Sold

$510 Per Sq Ft

17% Below List Price

67 Days on Market

About This Home

As of February 2025

This custom-built home is a true gem, offering the perfect blend of comfort, style, and island living. Located on a spacious double corner lot, it provides ample room to store both a boat and motorhome--ideal for outdoor adventurers. Inside, vaulted tongue-and-groove ceilings create an open, elegant ambiance. With 3 bedrooms and 2.5 bathrooms, there's plenty of space for family and guests. The legal lower enclosure features a one-car garage, designed with blow-out insulated walls and 2-inch foam boards for long-term durability. An interior staircase seamlessly connects both levels, while the garage includes a 50 Amp Nema 14-50R EV/RV plug--perfect for Tesla or RV owners. Outdoor living is essential in the Florida Keys, and this property delivers with a large covered porch, perfect for morning coffee or relaxing with island breezes. The lush landscaping, including banana trees, foxtail and areca palms, autograph trees, oleanders, and a majestic queen palm, ensures beauty and privacy. Plus, there's ample room for a pool, allowing you to design your own outdoor retreat. Inside, durable vinyl plank flooring is both stylish and practical. The kitchen is a true highlight, featuring quartz countertops, a stainless steel LG appliance package, and a Kohler workstation sink. Cherry cabinets with soft-close drawers add a touch of luxury, while a teak island provides a perfect workspace and gathering area. The dual-zone air conditioning system offers personalized climate control throughout the year. One of the home's most attractive features is its privacy--surrounded by county-owned property, you'll never have to worry about future development disrupting your peaceful surroundings. Whether you're seeking a permanent residence or a vacation getaway, this house masterfully combines modern comfort with laid-back island charm

Last Agent to Sell the Property

Tommy Mack

Coastal Collection Real Estate Inc. License #3285624 Listed on: 10/06/2024

Co-Listed By

Jenny Benson

Coastal Collection Real Estate Inc. License #3567724

Last Buyer's Agent

Natalie Ardis

Coldwell Banker Schmitt Real Estate Co. License #3231276

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

Single Family

Year Built

1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Big Pine Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 31.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Median
  • State Province: FL
  • Taxes: 3123.36
  • Vehicle Storage: Garage, Covered Parking, Off Street Parking
  • Year Built: 1996
  • Alternate Key Number: 1329690
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air
  • Lot Sq Ft: 13023.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Clam Shell
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1304.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Quartz Countertops, Walk-in Closet(s), Pantry
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dryer
  • Floor: Vinyl
  • Half Bathrooms: 1
  • Windows/Doors: French Doors, Wood Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00258010-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.30

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2024
Closed on
Feb 5, 2025
Sold by
Boone Cheryl A and Millman Cheryl A
Bought by
Santos Arnaldo Arroyo and Arroyo Michelle J
Seller's Agent
Tommy Mack
Coastal Collection Real Estate Inc.
Buyer's Agent
Natalie Ardis
Coldwell Banker Schmitt Real Estate Co.
List Price
$800,000
Sold Price
$665,000
Premium/Discount to List
-$135,000
-16.88%
Views
35
Current Estimated Value
$713,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,074
Avg. Annual Appreciation
7.97%
Original Mortgage
$665,000
Outstanding Balance
$659,306
Interest Rate
6.91%
Mortgage Type
VA
Estimated Equity
$53,768

Purchase Details

Listed on
Aug 24, 2013
Closed on
Nov 20, 2013
Sold by
Harrison Ronald G and Harrison Deborah L
Bought by
Boone Cheryl A
Seller's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
Buyer's Agent
Thomas Willi
Fathom Realty NC
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$240,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 1999
Bought by
Boone Cheryl A

Purchase Details

Closed on
Mar 13, 1997
Sold by
Klepper Richard J
Bought by
Armstrong Christophe L and Armstrong Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 1996
Sold by
Klepper Richard J and Klepper Jacqueline Klepper
Bought by
Klepper Ii Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,293
Interest Rate
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1981
Bought by
Boone Cheryl A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $665,000 None Listed On Document
Warranty Deed $665,000 None Listed On Document
Warranty Deed $300,000 True Title Agency Inc
Warranty Deed $196,000 --
Warranty Deed $168,000 --
Deed $100 --
Warranty Deed $11,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $665,000 VA
Closed $665,000 VA
Previous Owner $240,000 New Conventional
Previous Owner $40,000 New Conventional
Previous Owner $159,600 New Conventional
Previous Owner $135,293 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2025 02/05/25 Sold $665,000 -4.9% $510 / Sq Ft
12/04/2024 12/04/24 Price Changed $699,000 -4.1% $536 / Sq Ft
11/09/2024 11/09/24 Price Changed $729,000 -2.7% $559 / Sq Ft
11/01/2024 11/01/24 Price Changed $749,000 -3.4% $574 / Sq Ft
10/23/2024 10/23/24 Price Changed $775,000 -3.1% $594 / Sq Ft
10/06/2024 10/06/24 For Sale $800,000 +166.7% $613 / Sq Ft
11/20/2013 11/20/13 Sold $300,000 -4.8% $230 / Sq Ft View Prior Sale
10/07/2013 10/07/13 Pending -- -- --
08/24/2013 08/24/13 For Sale $315,000 -- $242 / Sq Ft
Source: Key West 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
2025 $7,464 $507,505 $256,390 $251,115
2024 $3,123 $783,802 $537,199 $246,603
2023 $3,123 $324,885 $0 $0
2022 $3,078 $315,423 $0 $0
2021 $3,138 $306,236 $0 $0
2020 $3,120 $302,008 $0 $0
2019 $3,717 $331,140 $127,625 $203,515
2018 $3,485 $291,498 $127,625 $163,873
2017 $3,767 $324,521 $0 $0
2016 $2,788 $255,557 $0 $0
2015 $2,862 $253,781 $0 $0
2014 $3,413 $255,423 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tommy Mack

    Seller's Agent in 2025

    Tommy Mack

    Coastal Collection Real Estate Inc.

    (305) 731-7910

    8 in this area

    214 Total Sales

    Tommy Mack
    Section Image

  • J

    Seller Co-Listing Agent in 2025

    Jenny Benson

    Coastal Collection Real Estate Inc.

    (775) 835-9668

    1 in this area

    20 Total Sales

    Jenny Benson
    Section Image
  • Natalie Ardis

    Buyer's Agent in 2025

    Natalie Ardis

    Coldwell Banker Schmitt Real Estate Co.

    (305) 481-3317

    2 in this area

    18 Total Sales

    Natalie Ardis
    Section Image
  • Lela Ashkarian

    Buyer Co-Listing Agent in 2025

    Lela Ashkarian

    Coldwell Banker Schmitt Real Estate Co.

    (305) 743-5181

    2 in this area

    14 Total Sales

    Lela Ashkarian
    Section Image

  • S

    Seller's Agent in 2013

    Sandra Tuttle

    American Caribbean Real Estate Lower Keys

  • T

    Buyer's Agent in 2013

    Thomas Willi

    Fathom Realty NC

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 611739

Key West Association of REALTORS®

APN: 00258010-000000

Florida Monroe County Big Pine Key 33043

437 Palmetto Ave, Big Pine Key, FL

Sold

Detached

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