NOT LISTED FOR SALE

Estimated Value: $971,132 - $1,072,000

0.44 Acre
$2,375,533 Price per Acre
18,961 Sq Ft Lot

Last Sold June 09, 2021

Last sale price $750,000

Est. 38% increase in value since last sale

Current estimated payment $6,171/month

5 Days on Market

Highlights

  • Property fronts gulf or ocean
  • 18,961 Sq Ft lot
  • 1-minute walk to The Park
  • Mangrove Front

About This Lot

As of June 2021

Your dreams can now be your reality on this exclusive open waterfront lot. Sunrise and Sunset views from a this oversized size lot, Blue prints available for you estate home or let your imagination run wild. 105' of direct open waterfront. Enviable amenities include private swimming lagoon, tennis courts, club house and secure gated entrance. Located only minutes away from Key West restaurants and night life yet far enough away for serenity, peace and quiet. Situated in the Lower FL Keys Marine sanctuary and offering some of the best diving, boating and fishing the Keys have to offer.

Last Listed By

Cynthia Kaye

LoKation Real Estate License #3082713 Listed on: 04/19/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,815

Lot Details

  • 0.44 Acre Lot
  • Property fronts gulf or ocean
  • Cleared Lot
  • Property is zoned SR - Sub Urban Residential District

Property Views

  • Ocean
  • Bay

Listing and Financial Details

  • Assessor Parcel Number 00159252-004100

Community Details

Overview

  • Shark Key Subdivision

Recreation

  • Mangrove Front

Property Details

Property Type

Land

Est. Annual Taxes

$2,815

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 2
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Shark Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 11.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2815.00
  • Alternate Key Number: 8737009
  • Lot Sq Ft: 18961.00
  • Species List: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Location Site: Water Frontage, Cleared Site, Mangrove
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: No
  • Survey Available: No
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Water Main Inquiry File: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Oceanfront, Open Water, Gulf Front
  • Waterfront: Yes
  • Waterview: Open Water View, Bay View, Ocean View

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: Ae/Ve
  • Parcel Number: 00159252-004100
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 9, 2021
Sold by
Cayo Hai Llc
Bought by
Heyn Derek and Heyn Alicia
Seller's Agent
Cynthia Kaye
LoKation Real Estate
Buyer's Agent
Suzanne Moore
Truman & Co. (KW)
List Price
$895,000
Sold Price
$750,000
Premium/Discount to List
-$145,000
-16.2%
Total Days on Market
5
Current Estimated Value
$1,034,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,033
Avg. Annual Appreciation
8.45%
Original Mortgage
$450,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 15, 2005
Sold by
Adelman Richard A
Bought by
Cayo Hai Llc

Purchase Details

Closed on
Jan 15, 2002
Sold by
Kenneth J Domanski M and Kenneth Margaret D
Bought by
Adelman Richard

Purchase Details

Closed on
May 22, 2000
Bought by
Cayo Hai Llc

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
Heyn Derek $750,000 Attorney
Cayo Hai Llc -- --
Adelman Richard $355,000 --
Cayo Hai Llc $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heyn Derek Michael $2,435,000
Closed Heyn Derek $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $750,000 -16.2% --
04/24/2021 04/24/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $895,000 -- --
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 $4,598 $768,828 $631,188 $137,640
2023 $4,598 $543,371 $543,371 $0
2022 $5,310 $625,700 $625,700 $0
2021 $3,199 $395,179 $395,179 $0
2020 $2,933 $356,759 $356,759 $0
2019 $2,885 $386,446 $386,446 $0
2018 $2,913 $417,133 $417,133 $0
2017 $2,213 $254,671 $0 $0
2016 $2,146 $252,039 $0 $0
2015 $2,300 $308,531 $0 $0
2014 $2,105 $260,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595707

Florida Keys Board of REALTORS®

APN: 00159252-004100