531 Seminole Dr Summerland Key, FL 33042
4
Beds
3
Baths
2,604
Sq Ft
0.34
Acres
Highlights
- Boat Lift
- Home fronts a canal
- Lanai
- Heated In Ground Pool
- Cathedral Ceiling
- Furnished
About This Home
As of May 2025Welcome to this stunning CBS (Concrete Block Stucco) Home located in the desirable Cudjoe Gardens neighborhood on Cudjoe Key. This charming 4-bedroom, 3-bathroom residence offers 255 feet of seawall, perfect for boating enthusiasts with ample dock space and 2 boat lifts.As you approach this meticulously landscaped property, on a lot & half, you'll be greeted by the serene ambiance of the tropical surroundings. Step inside and enjoy the spacious open-concept living area, where the kitchen flows seamlessly into the large living room. Beautiful granite countertops add a touch of luxury, and the keystone fireplace creates a cozy atmosphere.The home features a heated pool with a great outdoor seating area, ideal for relaxing or entertaining guests year-round. Whether you're enjoying a swim or savoring the scenic canal views, it's easy to see why this home is perfect for outdoor living in paradise.Additional highlights include a large two-car garage, accordion shutters for storm protection, and a recently replaced metal roof for added peace of mind.This property is a boater's dream with quick access to the waters of the Florida Keys, making it an ideal place for fishing, kayaking, or just cruising around the beautiful surrounding area. Don't miss out on this incredible opportunity to own a piece of paradise in the Florida Keys. Call today for more information or to schedule a showing! Comes Furnished and ready for a new owner....Bring your boat and enjoy the finest fishing and diving spots in the Lower Keys. Quick commute to Key West & fine dining, fun and International Airport.....
Last Agent to Sell the Property
Coldwell Banker Schmitt RE Co. Lower Keys Office License #338219 Listed on: 02/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,415
Year Built
- Built in 1985
Lot Details
- 0.34 Acre Lot
- Home fronts a canal
- Property is zoned IS - Improved Subivision District
Home Design
- Metal Roof
Interior Spaces
- 2,604 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Fireplace
- Awning
- Entrance Foyer
- Storage
- Tile Flooring
- Canal Views
Kitchen
- <<OvenToken>>
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Complete Accordion Shutters
Parking
- Garage
- Automatic Garage Door Opener
- Open Parking
Outdoor Features
- Heated In Ground Pool
- Seawall
- Boat Lift
- Patio
- Lanai
Location
- Ground Level
Utilities
- Central Heating and Cooling System
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Cudjoe Gardens Subdivision
- The community has rules related to deed restrictions
Listing and Financial Details
- Minimum Rental Period: 28
- Assessor Parcel Number 00174634-002000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2025
Closed on
May 30, 2025
Sold by
Hollenbach Stephanie and Revocable Living Trust Of W James Hollen
Bought by
Betts David B and Betts Toni D
Seller's Agent
Karen Haack
Coldwell Banker Schmitt RE Co. Lower Keys Office
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$2,999,000
Sold Price
$2,600,000
Premium/Discount to List
-$399,000
-13.3%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
142.41%
Original Mortgage
$1,600,000
Outstanding Balance
$1,600,000
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$1,343,132
Purchase Details
Listed on
Feb 23, 2024
Closed on
Sep 26, 2024
Sold by
Morrison Ian and Baikie Family Residence Trust
Bought by
Revocable Living Trust Of W James Hollenbach and Hollenbach
Seller's Agent
Diane Corliss
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Beata Sharpe
Coldwell Banker Schmitt Real Estate Co.
List Price
$3,250,000
Sold Price
$2,700,000
Premium/Discount to List
-$550,000
-16.92%
Views
82
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.48%
Purchase Details
Closed on
Mar 14, 2011
Sold by
Coffman Jon W and Coffman Carol T
Bought by
Morrison Ian and Baikie Family Residence Trust
Purchase Details
Closed on
Jul 22, 2005
Sold by
Wynalda Robert M and Wynalda Patricia S
Bought by
Coffman Jon W and Coffman Carol T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Mar 1, 1998
Bought by
Baikie Family Residence Trust 3/14/2011
Purchase Details
Closed on
Jun 18, 1997
Sold by
Zagame John E
Bought by
Zagame John E
Purchase Details
Closed on
May 1, 1983
Bought by
Baikie Family Residence Trust 3/14/2011
Purchase Details
Closed on
Jun 1, 1981
Bought by
Baikie Family Residence Trust 3/14/2011
Purchase Details
Closed on
Feb 1, 1978
Bought by
Baikie Family Residence Trust 3/14/2011
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,600,000 | None Listed On Document | |
| Warranty Deed | $2,700,000 | None Listed On Document | |
| Warranty Deed | $1,175,000 | Attorney | |
| Warranty Deed | $1,350,000 | Interval Title Services Inc | |
| Warranty Deed | $550,000 | -- | |
| Quit Claim Deed | $100 | -- | |
| Warranty Deed | $55,000 | -- | |
| Warranty Deed | $40,000 | -- | |
| Deed | $20,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,600,000 | New Conventional | |
| Previous Owner | $225,000 | New Conventional | |
| Previous Owner | $1,300,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $2,600,000 | -13.3% | $998 / Sq Ft |
| 02/14/2025 02/14/25 | For Sale | $2,999,000 | +11.1% | $1,152 / Sq Ft |
| 09/26/2024 09/26/24 | Sold | $2,700,000 | -10.0% | $1,037 / Sq Ft |
| 09/04/2024 09/04/24 | Pending | -- | -- | -- |
| 03/29/2024 03/29/24 | Price Changed | $3,000,000 | -7.7% | $1,152 / Sq Ft |
| 02/23/2024 02/23/24 | For Sale | $3,250,000 | -- | $1,248 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
Tax History Compared to Growth
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 | $12,824 | $2,016,260 | $1,316,772 | $699,488 |
| 2023 | $12,824 | $1,719,891 | $1,051,477 | $668,414 |
| 2022 | $11,107 | $1,339,004 | $669,710 | $669,294 |
| 2021 | $10,310 | $1,051,918 | $446,473 | $605,445 |
| 2020 | $10,294 | $1,039,780 | $443,238 | $596,542 |
| 2019 | $10,779 | $1,087,771 | $474,810 | $612,961 |
| 2018 | $10,408 | $1,017,945 | $407,649 | $610,296 |
| 2017 | $10,096 | $994,043 | $0 | $0 |
| 2016 | $9,730 | $933,948 | $0 | $0 |
| 2015 | $9,026 | $823,275 | $0 | $0 |
| 2014 | $9,064 | $790,930 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Haack
Seller's Agent in 2025
Karen Haack
Coldwell Banker Schmitt RE Co. Lower Keys Office
(305) 872-8056
116 Total Sales
-
Beata Sharpe
Seller Co-Listing Agent in 2025
Beata Sharpe
Coldwell Banker Vanguard Realty
(305) 872-0306
72 Total Sales
-
Lisa Ferringo
Buyer's Agent in 2025
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
(305) 797-1221
637 Total Sales
-
Diane Corliss
Seller's Agent in 2024
Diane Corliss
Coldwell Banker Schmitt Lower Keys (KW)
(305) 849-0934
189 Total Sales
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 613704
APN: 00174634-002000
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