NOT LISTED FOR SALE

58896 Overseas Hwy Duck Key, FL 33050

Estimated Value: $569,000 - $876,000

0.6 Acre
$1,123,888 Price per Acre
26,136 Sq Ft Lot

Last Sold October 22, 2021

Last sale price $450,000

Est. 50% increase in value since last sale

Current estimated payment $4,131/month

Highlights

  • Beach Front
  • 26,136 Sq Ft lot
  • 1-minute walk to Curry Hammock State Park
  • Coral Shores High School Rated A

About This Lot

As of October 2021

Very motivated seller. Owner financing is available. Over half an acre OCEANFRONT property with a ROGO exempt building right. Build your home on this property with a SANDY BEACH! property has incredible views! Boating access very limited, but great for kayaks, paddleboards or swimming and relaxing by the water. Seller has Letter of Current Site Conditions, ROGO exempt letter, and survey (listed in docs tab).Seller is FL licensed real estate agent

Last Agent to Sell the Property

Nick Boumerhi

2150 Listed on: 10/16/2021

Co-Listed By

Olivia Beck

Meyer and Boumerhi Realty LLC License #3422722

Last Buyer's Agent

Gidget Jackson

Florida Keys Real Estate LLC dba: Florida Keys Island Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,536

Lot Details

  • 0.6 Acre Lot
  • Beach Front
  • Property is zoned RL - Residential Low

Property Views

  • Water Views

Community Details

  • Grassy Key Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 00100000-000000

Property Details

Property Type

Land

Est. Annual Taxes

$4,536

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • Control Depth: 1
  • Document Count: 3
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Grassy Key
  • Mile Marker: 58.90
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4536.20
  • Alternate Key Number: 1116769
  • Lot Sq Ft: 26136.00
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Rogo W Letter: Yes
  • R O G O Exempt: Yes
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Beach Front
  • Waterfront: Yes
  • Waterview: Open Water View

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,VE,AE,VE
  • Parcel Number: 00100000-000000
  • Land Size: 1/2 - Less Than 1 AC

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2021
Closed on
Oct 22, 2021
Sold by
Boumerhi Nicholas P
Bought by
Serbinski Roman and Serbinski Karen
Seller's Agent
Nick Boumerhi
2150
Buyer's Agent
Gidget Jackson
Florida Keys Real Estate LLC dba: Florida Keys Island Realty
List Price
$529,000
Sold Price
$450,000
Premium/Discount to List
-$79,000
-14.93%
Current Estimated Value
$674,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,333
Avg. Annual Appreciation
10.59%

Purchase Details

Listed on
Mar 13, 2017
Closed on
Aug 2, 2018
Sold by
Boumerhi and Holly
Bought by
Boumerhi Nicholas P
Seller's Agent
Nate Meyer
2150
Buyer's Agent
Nick Boumerhi
2150
List Price
$599,000
Sold Price
$350,000
Premium/Discount to List
-$249,000
-41.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$227,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2017
Closed on
Jul 27, 2018
Sold by
Boumerhi and Holly
Bought by
Boumerhi Nicholas P
Seller's Agent
Nate Meyer
2150
Buyer's Agent
Nick Boumerhi
2150
List Price
$599,000
Sold Price
$350,000
Premium/Discount to List
-$249,000
-41.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2012
Closed on
Aug 23, 2013
Sold by
Wey Brenda L and Cruser Mary Jane W
Bought by
Boumerhi Pierre and Boumerhi Holly
Seller's Agent
Lisa Frins
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
List Price
$349,321
Sold Price
$205,000
Premium/Discount to List
-$144,321
-41.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$160,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back
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
Serbinski Roman $450,000 Elite Title
Serbinski Roman $450,000 None Listed On Document
Boumerhi Nicholas P $350,000 None Listed On Document
Boumerhi Nicholas P $350,000 None Listed On Document
Boumerhi Pierre $205,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boumerhi Nicholas P $227,500
Previous Owner Boumerhi Nicholas P $227,500
Previous Owner Boumerhi Pierre $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2021 10/22/21 Sold $450,000 -14.9% --
10/16/2021 10/16/21 For Sale $529,000 +51.1% --
07/27/2018 07/27/18 Sold $350,000 -41.6% -- View Prior Sale
06/25/2018 06/25/18 Pending -- -- --
03/13/2017 03/13/17 For Sale $599,000 +192.2% --
08/23/2013 08/23/13 Sold $205,000 -41.3% -- View Prior Sale
07/23/2013 07/23/13 Pending -- -- --
11/01/2012 11/01/12 For Sale $349,321 -- --
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 $7,123 $876,392 $876,392 --
2023 $7,123 $1,290,726 $1,290,726 $0
2022 $4,346 $395,895 $395,895 $0
2021 $4,651 $406,742 $406,742 $0
2020 $4,536 $401,318 $401,318 $0
2019 $4,910 $439,085 $439,085 $0
2018 $3,423 $390,995 $390,995 $0
2017 $3,351 $408,244 $0 $0
2016 $3,311 $406,389 $0 $0
2015 $2,446 $193,498 $0 $0
2014 $2,297 $167,695 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nick Boumerhi

    2150

  • O

    Seller Co-Listing Agent in 2021

    Olivia Beck

    Meyer and Boumerhi Realty LLC

    Section Image

  • G

    Buyer's Agent in 2021

    Gidget Jackson

    Florida Keys Real Estate LLC dba: Florida Keys Island Realty

  • N

    Seller's Agent in 2018

    Nate Meyer

    2150

  • Lisa Frins

    Seller's Agent in 2013

    Lisa Frins

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    (305) 522-1479

    23 in this area

    305 Total Sales

    Lisa Frins
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598130

Florida Keys Board of REALTORS®

APN: 00100000-000000

Florida Monroe County Duck Key 33050

58896 Overseas Hwy, Duck Key, FL

This home is located at 58896 Overseas Hwy, Duck Key, FL 33050 since 16 October 2021 and is currently estimated at $674,333. 58896 Overseas Hwy is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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.

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