NOT LISTED FOR SALE

531 Hammock Ct Marco Island, FL 34145

Estimated Value: $1,267,138 - $4,160,000

0.34 Acre
$6,566,279 Price per Acre
14,810 Sq Ft Lot

Last Sold November 02, 2020

Last sale price $900,000

Est. 148% increase in value since last sale

Current estimated payment $12,792/month

136 Days on Market

Highlights

  • 160 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Corner Lot
  • Tommie Barfield Elementary School Rated A
  • Canal View
  • No HOA

About This Lot

As of November 2020

Oversized mini estate lot with new seawall in 2012 and sewer paid. Area of multi-million dollar homes. Great corner with extra dog leg allows you to put dock out 42 feet. Extra piece is 52 x 30. Other similar lots have made a nice private sitting area also. Build a large multi-story home with circular drive or garages on the side. 350 feet of road frontage and 160 feet on seawall. Great quick direct access into Roberts Bay and the gulf for fishing and boating. Only few vacant lots left in the mini estate area.

Last Agent to Sell the Property

Cathy Brodie

Premier Sotheby's International Realty License #0554643 Listed on: 05/28/2020

Premier Sotheby's International Realty

Last Buyer's Agent

Cathy Ahern

Keller Williams Marco Realty License #3221453

Keller Williams Marco Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,374

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 140x200x160x150
  • 160 Feet of Waterfront
  • Home fronts a seawall
  • Home fronts a canal
  • Corner Lot
  • Grass Covered Lot

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Canal Views
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 21 / 312
  • Assessor Parcel Number 57807000007

Community Details

Overview

  • No Home Owners Association
  • Marco Island Community
  • Marco Beach Unit 9 Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Property fronts gulf or ocean with access to the bay

Property Details

Property Type

Land

Est. Annual Taxes

$6,374

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Lot
  • Lot Size Acres: 0.34
  • Lot Size: 140x200x160x150
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Subdivision Name: Marco Beach Unit 9
  • Directions: Collier to Bald Eagle, straight across to Heathwood and left on Collingswood to lot on corner of Collingswood and Hammock
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Water Direct
  • Location Tax and Legal:Parcel Number: 57807000007
  • Location Tax and Legal:Tax Annual Amount: 6374.0
  • Location Tax and Legal:Tax Year: 2019
  • General Property Information:HOA YN: No
  • Location Tax and Legal:Tax Block: 312
  • Location Tax and Legal:Tax Lot: 21
  • General Property Information:Lot Size Dimensions: 140x200x160x150
  • General Property Information:Boat Lift: No
  • General Property Information:Acres: 0.34
  • General Information Details:Water Front Footage: 160
  • Water Source:Public: Yes
  • General Property Information:Vehicle Restriction YN: No
  • General Property Information:Land Lease YN2: No
  • View:Canal2: Yes
  • Road Surface:Paved: Yes
  • Utilities:Cable Available3: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Phone Line: Yes
  • Utilities:Trash Removal: Yes
  • Vegetation:Grassed: Yes
  • View:Long Water2: Yes
  • General Information Details:Number Of Lots: 1
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot, Corner Lot, County Lot
  • View: Canal, Long Water
  • Waterfront Features: Canal Front, No Bridge, Seawall, Access Gulf
  • Waterfront: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Access Gulf: Yes
  • Lot Features:City Lot: Yes
  • Waterfront Features:Canal Front: Yes
  • Lot Features:Corner Lot: Yes
  • Waterfront Features:No Bridge: Yes
  • Lot Features:County Lot: Yes

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.4
  • Number Of Lots: 1
  • Parcel #: 57807000007
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6374.0
  • Tax Block: 312
  • Tax Book Number: 4724
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Nov 2, 2020
Sold by
Apostolic Christian Church Of America
Bought by
Malace Larry Wayne and Malace Beth Marie
Seller's Agent
Cathy Brodie
Premier Sotheby's International Realty
Buyer's Agent
Cathy Ahern
Keller Williams Marco Realty
List Price
$945,000
Sold Price
$900,000
Premium/Discount to List
-$45,000
-4.76%
Current Estimated Value
$2,232,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,332,535
Avg. Annual Appreciation
19.37%

Purchase Details

Closed on
Dec 20, 2018
Sold by
Leman Janet S
Bought by
The Apostolic Christian Church Endowment

Purchase Details

Closed on
Sep 30, 2011
Sold by
Brotzman Robert E and Brotzman Sharon A
Bought by
Leman Janet S

Purchase Details

Closed on
Jan 13, 2005
Sold by
Sharp Leon and Sharp Carolyn
Bought by
Brotzman Robert E and Brotzman Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Malace Larry Wayne $900,000 Attorney
The Apostolic Christian Church Endowment -- Attorney
Leman Janet S $410,000 Attorney
Brotzman Robert E $1,700,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brotzman Robert E $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2020 11/02/20 Sold $900,000 -4.8% --
10/12/2020 10/12/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $945,000 -- --
Source: Marco Island Area 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 $12,732 $3,821,046 -- --
2024 $12,409 $967,419 -- --
2023 $12,409 $879,472 $0 $0
2022 $10,894 $799,520 $0 $0
2021 $7,865 $726,836 $726,836 $0
2020 $5,368 $498,750 $498,750 $0
2019 $6,374 $581,250 $581,250 $0
2018 $5,599 $422,760 $0 $0
2017 $5,287 $384,327 $0 $0
2016 $5,059 $349,388 $0 $0
2015 $4,450 $317,625 $0 $0
2014 $3,744 $288,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2201177

APN: 57807000007