NOT LISTED FOR SALE

62400 Overseas Hwy Duck Key, FL 33050

Estimated Value: $9,145,918

5 Beds
10 Baths
-- Sq Ft
1.31 Acres

Last Sold April 29, 2022

Last sale price $9,000,000

Est. 2% increase in value since last sale

Current estimated payment $56,387/month

188 Days on Market

Highlights

  • Ocean Front
  • Heated In Ground Pool
  • Vaulted Ceiling
  • Coral Shores High School Rated A
  • RV or Boat Parking
  • 1-minute walk to Curry Hammock State Park

About This Home

As of April 2022

World Famous Island Resort Walt Disney once Owned & Filmed Flipper Movie/TV shows on it. Spectacular 250-degree Ocean views. Two Luxurious Estate Homes 5/5.5-- 4,700 sq. ft. each with 2 Pools/Hot Tubs Spa/ Marble, Granite/ Hardwood Fl's/Fireplace/Stainless Steal appliances. 100 ft dock. Daily & Weekly vacation rentals on 2 Estate Homes alone, Gross $400,000. Development rights include 6 additional ROGO lots with building rights and MU-1 Residential zoning for future development. Across from Hawks Cay Resort/Duck Key. Ideal for Private -VIP- Corporate Retreat/ Weddings & Events. Check out Great Reviews/Pics- VRBO We are in a Multiple
Offer Situation. Please provide All Final & Best Offers by Tues. 03/01/2022 by 5:00 pm.

Last Agent to Sell the Property

Tracey Petrusha

Venture Realty Group License #0651549 Listed on: 10/22/2021

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,785

Year Built

  • Built in 1997

Lot Details

  • 999,999 Ft Wide Lot
  • Ocean Front
  • Southeast Facing Home
  • Property is zoned MU

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Storage Room
  • Direct Ocean Views

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 4 Carport Spaces
  • Guest Parking
  • RV or Boat Parking

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • Balcony
  • Patio
  • Exterior Lighting

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Conch Key Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00099090-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,785

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Directions: Located ocean side at mile marker 62 between Conch Key and Duck Key.
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Conch Key (62.5)
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Cooking Island, Elevator, Fire Sprinklers, Vaulted Ceiling(s), Walk-In Closet(s), Other, Storage, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Fireplace, Decorative
  • Fireplace: Yes
  • Flooring: Other, Tile, Wood
  • Furnished: Furnished
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Bedroom Features: Master Bedroom Upstairs
  • Living Room Features: Other, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Metal Roof
  • View: Ocean, Direct Ocean, Water
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Lot Features: 2 To Less Than 3 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Conch Key (62.5)
  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Parking Features: Covered, Guest, Other, Rv/Boat Parking

Utilities

  • Sewer: Public Sewer, Other
  • Water Source: Municipal Water, Other
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: Additional Amenities

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00099090-000000
  • Zoning: MU
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 50785

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Apr 29, 2022
Sold by
Conch Key Holdings Inc
Bought by
Warm Beach Llc
Seller's Agent
Tracey Petrusha
Venture Realty Group
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$12,000,000
Sold Price
$9,000,000
Premium/Discount to List
-$3,000,000
-25%
Current Estimated Value
$9,145,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,918
Avg. Annual Appreciation
0.36%
Original Mortgage
$6,750,000
Outstanding Balance
$1,745,575
Interest Rate
5.5%
Mortgage Type
Seller Take Back
Estimated Equity
$7,361,943

Purchase Details

Closed on
Nov 4, 2015
Sold by
Little Conch Key Development Corporation
Bought by
Conch Key Holdings Inc

Purchase Details

Closed on
Oct 10, 2007
Bought by
Conch Key Holdings Inc

Purchase Details

Closed on
Mar 31, 2006
Bought by
Conch Key Holdings Inc
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 Buyer Sale Price Title Company
Warm Beach Llc $9,000,000 None Listed On Document
Conch Key Holdings Inc -- Attorney
Conch Key Holdings Inc $16,960,000 --
Conch Key Holdings Inc $6,333,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warm Beach Llc $6,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $9,000,000 -25.0% --
10/22/2021 10/22/21 For Sale $12,000,000 -- --
Source: MIAMI REALTORS® MLS

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 $70,513 $7,769,651 $5,739,789 $2,029,862
2023 $70,513 $7,698,392 $5,739,789 $1,958,603
2022 $43,639 $4,688,894 $2,874,581 $1,814,313
2021 $53,292 $5,430,798 $4,003,785 $1,427,013
2020 $50,785 $5,455,925 $4,003,785 $1,452,140
2019 $44,727 $4,436,870 $2,965,766 $1,471,104
2018 $56,374 $5,762,483 $4,133,423 $1,629,060
2017 $56,109 $5,782,670 $0 $0
2016 $56,665 $5,667,929 $0 $0
2015 $36,505 $5,190,641 $0 $0
2014 $27,203 $2,744,922 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracey Petrusha

    Seller's Agent in 2022

    Tracey Petrusha

    Venture Realty Group

    (305) 896-1080

    3 in this area

    83 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    NON-MLS MEMBER

    MAR NON MLS MEMBER

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11115387

MIAMI REALTORS® MLS

APN: 00099090-000000

Florida Monroe County Duck Key 33050

62400 Overseas Hwy, Duck Key, FL

This home is located at 62400 Overseas Hwy, Duck Key, FL 33050 since 22 October 2021 and is currently estimated at $9,145,918. This property was built in 1997. 62400 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.

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