$500,000
SOLD JUN 27, 2025

538 Powell Ave Summerland Key, FL 33042

2 Beds
1.5 Baths
912 Sq Ft
6,456 Sq Ft Lot

Recently Sold

$548 Per Sq Ft

17% Below List Price

62 Days on Market

Highlights

  • Home fronts a canal
  • Balcony
  • Sliding Doors
  • No HOA
  • Tile Flooring
  • Outdoor Storage

About This Home

As of June 2025

Looking for a simple canal-front retreat with boating access in the Lower Keys? This classic stilted 2-bedroom, 1.5-bath cottage is full of potential for the right buyer. Located in a welcoming community of boating homes, this property offers an open-concept kitchen, dining, and living area that flows out to a covered rear porch--perfect for relaxing and enjoying the peaceful canal views.Though the home is ready for some TLC, it presents a great opportunity to create your own slice of paradise. With direct boating access and 64' of canal front, this could be the Keys getaway you've been waiting for.Conveniently located just a short walk to a waterfront restaurant, close to shopping, and only 30 minutes from the excitement of Key West.Bring your vision and make it yours!

Last Agent to Sell the Property

Sandra Tuttle

Island Welcome Real Estate License #3093204 Listed on: 04/09/2025

Last Buyer's Agent

Angelina Will

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3485231

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $4,779

Year Built

  • Built in 1987

Lot Details

  • 6,456 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Fixer Upper
  • Metal Roof

Interior Spaces

  • 912 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Doors
  • Canal Views

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00219640

Community Details

Overview

  • No Home Owners Association
  • Mates Beach Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$4,779

Year Built

Built in 1987

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
  • Control Depth: 3
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Little Torch Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 28.50
  • 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: Bay/Gulf
  • State Province: FL
  • Taxes: 4778.77
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1987
  • Alternate Key Number: 1286885
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6456.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 912.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: Refrigerator, Oven, Range
  • Floor: Tile, Carpet
  • Half Bathrooms: 1
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Modular
  • Exterior Features: Storage
  • Roof: Metal Roof, Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE8
  • Parcel Number: 00219640
  • Lot Size: 60 X 110
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
Jun 27, 2025
Sold by
Maltbie Erin
Bought by
Macdougall Family Trust and Macdougall
Seller's Agent
Sandra Tuttle
Island Welcome Real Estate
Buyer's Agent
Angelina Will
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%
Views
452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2637.14%

Purchase Details

Closed on
Jan 3, 2024
Sold by
Mead Stuart A
Bought by
Maltbie Erin

Purchase Details

Closed on
Nov 12, 1997
Sold by
Mead Cynthia A
Bought by
Mead Stuart A and Mead Ruth

Purchase Details

Closed on
Aug 1, 1986
Bought by
Mead Stuart A

Purchase Details

Closed on
Jan 1, 1980
Bought by
Mead Stuart A
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $500,000 None Listed On Document
Personal Reps Deed -- None Listed On Document
Quit Claim Deed $100 --
Warranty Deed $15,000 --
Deed $10,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $500,000 -16.5% $548 / Sq Ft
06/10/2025 06/10/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $599,000 -- $657 / 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 $4,534 $543,368 $404,275 $139,093
2023 $4,534 $558,429 $428,727 $129,702
2022 $4,245 $522,916 $391,234 $131,682
2021 $3,635 $319,213 $208,658 $110,555
2020 $3,690 $322,473 $211,918 $110,555
2019 $3,502 $301,169 $187,466 $113,703
2018 $3,608 $304,361 $189,322 $115,039
2017 $3,497 $304,361 $0 $0
2016 $3,426 $306,961 $0 $0
2015 $3,360 $300,701 $0 $0
2014 $3,100 $238,939 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandra Tuttle

    Seller's Agent in 2025

    Sandra Tuttle

    Island Welcome Real Estate

    (305) 923-9161

    207 Total Sales

    Section Image

  • A

    Buyer's Agent in 2025

    Angelina Will

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (443) 907-6131

    22 Total Sales

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 614568

APN: 00219640-000000

Florida Monroe County Summerland Key 33042

538 Powell Ave, Summerland Key, FL

This home is located at 538 Powell Ave, Summerland Key, FL 33042 and is currently priced at $500,000, approximately $548 per square foot. This property was built in 1987. 538 Powell Ave is a home located in Monroe County with nearby schools including Sugarloaf School, Key West High School, and Big Pine Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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