NOT LISTED FOR SALE

445 Palm Dr Islamorada, FL 33036

Estimated Value: $2,014,000 - $2,476,000

0.26 Acre
$8,676,780 Price per Acre
11,373 Sq Ft Lot

Last Sold October 24, 2023

Last sale price $2,300,000

Est. 2% decrease in value since last sale

Current estimated payment $12,864/month

118 Days on Market

Highlights

  • Dock made with wood
  • Boat Ramp
  • Home fronts a canal
  • Plantation Key School Rated A-
  • Bay View
  • Seawall

About This Lot

As of October 2023

WELCOME TO 'SEA WINDS'! IT'S TIME TO BUILD YOUR DREAM HOME!This outstanding property is ready for your personal building plans and has an active permit in the Village of Islamorada. Located in Safety Harbor, one of the most desirable neighborhoods in The Sports Fishing Capital of the World. The oversized lot is 11,373 sf with a boat ramp, 30 ft. of dock that can be expanded, and 88.5ft of seawall in place. The very desirable location allows for a larger boat with direct bay access and quick ocean access with plenty of turn around space in the deep water canal type setting offering at least 5ft. of draft. Lower Matecumbe offers outstanding off shore and back country fishing 8 miles away from most of the charter boat fishing fleet. Across the street are Bay Front Multi-Million Dollar homes allowing you to build up to 38ft in height to capture the outstanding bay views in your brand new home. Don't miss the opportunity to own one of the last buildable lots in the Village of Islamorada with a permit in place! The documents tab outlines the outstanding features of this amazing property!

Last Agent to Sell the Property

Jan Keller

Coldwell Banker Schmitt Islamorada License #0670883 Listed on: 05/25/2023

Coldwell Banker Schmitt Islamorada

Co-Listed By

Charlotte Porter

Coldwell Banker Schmitt Islamorada License #3026666

Last Buyer's Agent

Joseph Suarez

Trustpoint Realty, LLC License #3366522

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,917

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 100 x 123 x100 x 113
  • Home fronts a canal
  • Property is zoned R1 - Residential Single Family

Property Views

  • Bay
  • Canal

Listing and Financial Details

  • Assessor Parcel Number 00391420-000000

Community Details

Overview

  • Safety Harbor Subdivision

Recreation

  • Seawall
  • Boat Ramp
  • Dock made with wood

Property Details

Property Type

Land

Est. Annual Taxes

$3,917

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Dockage Dock: Wood
  • Dockage Seawall: Concrete
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 74.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3916.55
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1479748
  • Lot Sq Ft: 11373.00
  • Species List: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Lot Dimensions: 100 X 123 X100 X 113
  • Miscellaneous Info Mobile Home Lot: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View, Bay View

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00391420-000000
  • Land Size: 1/4 - 1/2 Acre
  • Building Permit: Active Permit

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Oct 24, 2023
Sold by
Colomba Julio
Bought by
445 Palm Dr Llc
Seller's Agent
Jan Keller
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Joseph Suarez
Trustpoint Realty, LLC
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%
Views
60
Current Estimated Value
$2,265,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,595
Avg. Annual Appreciation
-0.67%

Purchase Details

Closed on
Apr 25, 2019
Sold by
Nansi Colomba
Bought by
Colomba Julio

Purchase Details

Closed on
Oct 23, 2015
Sold by
Rivenbark William G and Swanson Catherine B
Bought by
Colomba Julio and Colomba Nansi

Purchase Details

Closed on
Oct 16, 2014
Sold by
Rivenbark Robert W and Riverbark Mary S
Bought by
Rivenbark William G and Swanson Catherine B

Purchase Details

Closed on
Feb 1, 1971
Bought by
Colomba Julio and Colomba Nansi
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 Buyer Sale Price Title Company
445 Palm Dr Llc $2,300,000 Bankers Title & Escrow Service
445 Palm Dr Llc $2,300,000 Bankers Title & Escrow Service
Colomba Julio $307,500 None Listed On Document
Colomba Julio $470,000 Attorney
Rivenbark William G $178,000 Attorney
Colomba Julio $6,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2023 10/24/23 Sold $2,300,000 -8.0% --
05/25/2023 05/25/23 For Sale $2,500,000 -- --
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
2025 $13,625 $1,533,798 $1,441,187 $92,611
2024 $4,145 $1,535,793 $1,441,187 $94,606
2023 $4,145 $496,852 $436,297 $60,555
2022 $3,917 $480,714 $419,408 $61,306
2021 $3,407 $327,518 $267,408 $60,110
2020 $4,739 $463,893 $410,963 $52,930
2019 $4,614 $441,887 $388,957 $52,930
2018 $4,311 $412,575 $362,258 $50,317
2017 $3,927 $381,385 $0 $0
2016 $4,030 $368,981 $0 $0
2015 $3,589 $332,350 $0 $0
2014 $1,640 $189,005 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jan Keller

    Seller's Agent in 2023

    Jan Keller

    Coldwell Banker Schmitt Islamorada

    (305) 664-7069

    77 in this area

    94 Total Sales

    Jan Keller
    Section Image
  • Charlotte Porter

    Seller Co-Listing Agent in 2023

    Charlotte Porter

    Coldwell Banker Schmitt Islamorada

    (305) 393-2749

    79 in this area

    96 Total Sales

    Charlotte Porter
    Section Image
  • Joseph Suarez

    Buyer's Agent in 2023

    Joseph Suarez

    Trustpoint Realty, LLC

    (786) 470-3285

    3 in this area

    33 Total Sales

    Joseph Suarez
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 605436

Florida Keys Board of REALTORS®

APN: 00391420-000000

Florida Monroe County Islamorada 33036

445 Palm Dr, Islamorada, FL

Not Listed for Sale

Lots

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