NOT LISTED FOR SALE

571 W Indies Dr Summerland Key, FL 33042

Estimated Value: $1,126,000 - $1,589,000

3 Beds
2 Baths
1,169 Sq Ft
$1,075/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $1,290,000 $1,104 Per Sq Ft

Current estimated payment $7,532/month

8 Days on Market

Highlights

  • Ocean Front
  • Concrete Pool
  • Lanai
  • Dock made with wood
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of March 2022

The ultimate Florida Keys living experience awaits at this Open Water home with Pool on Ramrod Key. Relax and take in the coastal comfort of your new 3 bedroom, 2 bath home featuring a newly designed kitchen with custom cabinetry and tile, granite counters, and stainless-steel appliances. Real bamboo flooring throughout the home. Master retreat with turquoise ocean views. Tastefully designed bathrooms with new vanities, tile, and fixtures. Take in the sunrise and moonrise views from the screened in balcony off the great room or just relax and enjoy the sea views and breeze. Tropical paradise backyard retreat complete with pool, built in bar, and 60 ft. swimming dock. Fully fenced and landscaped for ultimate privacy. Downstairs storage enclosure perfect for your water toys, beach cruisers, and more. A/C, appliances, and interior/exterior paint less than 3 years old. You'll appreciate the fantastic Breezeswept Beach Estates neighborhood with walking and biking paths throughout. Walking distance to Looe Key Tiki Bar & Grill and Looe Key Dive Center. Picnic Island is a scenic kayak ride away. Welcome to Paradise! Open house Saturday 2/5 from 10am-12pm.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 02/02/2022

Last Buyer's Agent

Austin Kimbler

Keller Williams Key West Compass Realty License #3454100

Keller Williams Key West Compass Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,515

Year Built

  • Built in 1993

Lot Details

  • 9,025 Sq Ft Lot
  • Ocean Front
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,169 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Jalousie or louvered window
  • Shutters
  • Single Hung Windows
  • Sliding Doors
  • Storage
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Dock made with wood
  • Screened Balcony
  • Patio
  • Lanai
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00206350-000000

Community Details

Overview

  • No Home Owners Association
  • Breezeswept Bch Est Subdivision
  • Rental Restrictions

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,515

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 1
  • Dockage Dock: Wood
  • Fee Includes: None
  • Key Island: Ramrod Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 27.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5514.79
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Covered Parking
  • Year Built: 1993
  • Alternate Key Number: 1269689
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 9025.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Patio, Screened P/B
  • Shutters: Bahama, Panel
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1169.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Granite Counter Top, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Oven, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, Dryer, Disposal
  • Floor: Carpet, Tile, Other
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Jalousie Windows, Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Bar, Storage, Outdoor Shower, Fencing, Lanai
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00206350-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.21

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 25, 2022
Sold by
Babcock Iii Robert R and Babcock Michele M
Bought by
Tumbel David and Woodard Lisa
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Austin Kimbler
Keller Williams Key West Compass Realty
List Price
$1,290,000
Sold Price
$1,290,000
Current Estimated Value
$1,291,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,054
Avg. Annual Appreciation
-0.73%
Original Mortgage
$1,032,000
Outstanding Balance
$951,711
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$304,752

Purchase Details

Closed on
Apr 27, 2020
Sold by
Babcock Iii Robert R and Babcock Michele M
Bought by
Babcock Michele M and Hollowell Michael

Purchase Details

Closed on
Mar 31, 2020
Sold by
Babcock Robert R and Babcock Michele M
Bought by
Hollowell Michael

Purchase Details

Listed on
Dec 26, 2017
Closed on
Nov 1, 2018
Sold by
Schuerger Virginia M and Schuerger Richard G
Bought by
Babcock Robert R and Babcock Michele M
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Roger Cousineau
Century 21 Circle - Key West
List Price
$689,000
Sold Price
$495,000
Premium/Discount to List
-$194,000
-28.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.21%

Purchase Details

Listed on
Dec 26, 2017
Closed on
Oct 29, 2018
Sold by
Schuerger Virginia M and Schuerger Richard G
Bought by
Babcock Robert R and Babcock Michele M
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Roger Cousineau
Century 21 Circle - Key West
List Price
$689,000
Sold Price
$495,000
Premium/Discount to List
-$194,000
-28.16%

Purchase Details

Closed on
Mar 13, 1997
Sold by
William E Herzog Tr and Patricia E Herzog Tr
Bought by
Schuerger Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.88%

Purchase Details

Closed on
Aug 1, 1980
Bought by
Schuerger Virginia M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tumbel David $1,290,000 Smith Hawks Pl
Babcock Michele M -- None Listed On Document
Hollowell Michael -- Attorney
Babcock Robert R $495,000 True Title Agency
Babcock Robert R $495,000 True Title Agency
Schuerger Virginia M $232,500 --
Schuerger Virginia M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tumbel David $1,032,000
Previous Owner Schuerger Virginia M $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2022 03/25/22 Sold $1,290,000 0.0% $1,104 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $1,290,000 +160.6% $1,104 / Sq Ft
10/29/2018 10/29/18 Sold $495,000 -28.2% $423 / Sq Ft View Prior Sale
10/06/2018 10/06/18 Pending -- -- --
12/26/2017 12/26/17 For Sale $689,000 -- $589 / 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 $9,293 $1,052,675 $712,749 $339,926
2023 $9,293 $1,049,038 $721,549 $327,489
2022 $6,537 $873,748 $608,917 $264,831
2021 $5,515 $525,349 $337,896 $187,453
2020 $5,264 $493,266 $300,939 $192,327
2019 $5,022 $465,310 $327,337 $137,973
2018 $2,493 $228,647 $0 $0
2017 $2,426 $223,945 $0 $0
2016 $2,435 $219,339 $0 $0
2015 $2,499 $217,814 $0 $0
2014 $2,560 $216,085 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

  • A

    Buyer's Agent in 2022

    Austin Kimbler

    Keller Williams Key West Compass Realty

    Section Image

  • R

    Buyer's Agent in 2018

    Roger Cousineau

    Century 21 Circle - Key West

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599460

Florida Keys Board of REALTORS®

APN: 00206350-000000

Florida Monroe County Summerland Key 33042

571 W Indies Dr, Summerland Key, FL

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.

Florida Keys Board of REALTORS® 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.

Nearby Homes