NOT LISTED FOR SALE

568 Airport Dr S Summerland Key, FL 33042

Estimated Value: $1,006,000 - $1,334,000

3 Beds
3 Baths
1,802 Sq Ft
$619/Sq Ft Est. Value

Last Sold September 26, 2016

Last sale price $540,000 $300 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $6,411/month

106 Days on Market

Highlights

  • Airstrip
  • Home fronts a canal
  • Deck
  • Boat Slip
  • Maid or Guest Quarters
  • No HOA

About This Home

As of September 2016

Fly in for the weekend to your Keys Waterfront home! The runway for Summerland Key Cove Private Airport is out front and in back is canal access to the ocean. 2 Bedroom, 2 Bath upstairs and 1 bedroom, 1 bath down. Cut-in covered boat slip and airplane parking under the house; huge 25' x 21' deck on upstairs main level. Concrete construction

Last Agent to Sell the Property

Shane Wilson

Cypress Realty, Inc. License #585039 Listed on: 06/06/2016

Last Buyer's Agent

Shane Wilson

Real Living Cypress Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,093

Year Built

  • Built in 1963

Lot Details

  • 9,000 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Interior Spaces

  • 1,802 Sq Ft Home
  • Ceiling Fan
  • Terrazzo Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Davits
  • Boat Slip
  • Deck

Utilities

  • Central Air
  • Septic Tank

Community Details

  • No Home Owners Association
  • Summerland Key Cove Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00190110-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,093

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: Yes
  • Key Island: Summerland Key
  • Limited Representation: No
  • Mile Marker: 25.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5093.25
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1963
  • Alternate Key Number: 1252042
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 9000.00
  • Porch Balcony: Deck
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1802.00
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: No
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dryer, Washer, Refrigerator, Range, Oven
  • Floor: Terrazzo
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Slip, Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, FKAA, Septic Tank

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00190110-000000
  • Land Size: More than 1 Lot
  • Acres: 0.21

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Sep 23, 2016
Sold by
Skinner Burr W
Bought by
Summerland Key Holdings Llc
Seller's Agent
Shane Wilson
Cypress Realty, Inc.
Buyer's Agent
Shane Wilson
Real Living Cypress Realty, Inc.
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Current Estimated Value
$1,115,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,151
Avg. Annual Appreciation
8.30%

Purchase Details

Closed on
Jun 26, 2013
Sold by
Skinner Theresa P
Bought by
Skinner Burr W and Skinner Burr William

Purchase Details

Closed on
Sep 9, 2010
Sold by
Romano Anthony and Skinner Theresa P
Bought by
Skinner Burr W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,400
Interest Rate
7.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 12, 2010
Bought by
Skinner Burr W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,400
Interest Rate
7.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 21, 2010
Bought by
Skinner Burr W

Purchase Details

Closed on
May 1, 1992
Bought by
Skinner Burr W
Source: Public Records

Range of Values:

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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
Summerland Key Holdings Llc $540,000 Coral Reef Title Co
Skinner Burr W -- Attorney
Skinner Burr W $140,000 Attorney
Skinner Burr W $100 --
Skinner Burr W $100 --
Skinner Burr W $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skinner Burr W $143,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2016 09/26/16 Sold $540,000 -1.8% $300 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $550,000 -- $305 / Sq Ft
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
2024 $6,882 $850,450 $610,740 $239,710
2023 $6,882 $757,063 $528,255 $228,808
2022 $6,547 $760,312 $528,255 $232,057
2021 $6,105 $603,968 $394,875 $209,093
2020 $5,600 $530,533 $329,940 $200,593
2019 $5,417 $508,796 $305,370 $203,426
2018 $5,370 $489,881 $287,820 $202,061
2017 $5,457 $503,920 $0 $0
2016 $5,214 $490,484 $0 $0
2015 $5,093 $481,397 $0 $0
2014 $4,908 $447,788 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 571170

Florida Keys Board of REALTORS®

APN: 00190110-000000