NOT LISTED FOR SALE

718 16th Ave E Palmetto, FL 34221

Estimated Value: $723,000 - $856,669

3 Beds
3.5 Baths
2,389 Sq Ft
$331/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $458,000 $192 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,091/month

112 Days on Market

Highlights

  • Water Views
  • Deeded access to the beach
  • New Construction
  • Private Beach
  • Fitness Center
  • Gated Community

About This Home

As of November 2019

MOVE IN READY!! NEW CONSTRUCTION!! If space is what you need, the Key Largo is your new home. This beautiful home has 2,389 square feet, with 3 bedrooms and 3.5 bathrooms. The enormous kitchen will make any cooking aficionado's dreams come true, with quartz countertops, double oven and gas cooktop. A separate dining room along with a large family room will make it a breeze to entertain groups large or small. The master suite has a spacious bathroom with double sinks, separate water closet and an oversized walk-in closet. The Kitchen features 42" Sierra Painted Stone cabinetry adorned with Crown Molding & showcased with Satin Nickel hardware along with Daria Suede quartz countertops & paired with stainless-steel GE® appliances. Esplanade Pass ceramic tile laid on 70/30 offset completes the look. The amenities at Sanctuary Cove will make you feel like you are on vacation every day. Stay fit and in shape with the fitness center and resort-style pool, or hang out in the 8,600 sq. ft. clubhouse and internet cafe. For outdoor lovers, enjoy an afternoon at the beach area, savor a walk by the riverfront nature preserve or take your boat out on the water and park it in the 210-slip marina. With so many luxurious amenities, you can fill your days with adventure or just soak up the sun with a cold drink in one hand, and a book in another. Interior photos disclosed are different from the actual model being built

Last Agent to Sell the Property

Ben Goldstein

LENNAR REALTY License #3191880 Listed on: 05/15/2019

Last Buyer's Agent

michael schepps

KW COASTAL LIVING II License #3078035

KW COASTAL LIVING II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,174

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Private Beach
  • Public Beach
  • West Facing Home
  • Level Lot
  • Landscaped with Trees
  • Property is zoned PDMU

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,389 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Sliding Doors
  • Great Room
  • Inside Utility
  • Laundry in unit
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deeded access to the beach
  • Access to Bay or Harbor
  • Covered Patio or Porch

Schools

  • James Tillman Elementary School
  • Lincoln Middle School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Creative Assoc./Sharon Gastelbondo Association
  • Built by WCI
  • Sanctuary Cove Sub Subdivision, Key Largo Floorplan
  • The community has rules related to deed restrictions

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,174

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$298 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2389
  • New Construction: Yes
  • Year Built: 2019
  • Building Area Total: 2789
  • Directions to Property: Take I-75 to exit 224, turn right onto US 301, Turn left at 15th Ave Dr E, Make a left onto Sanctuary Cove Way, The Welcome Home Center will be on your right
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3174782?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3174782?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 813-917-9080
  • Ratio: Close Price\List Price: 0.98085
  • Price per Sq Ft: 191.71
  • Close to Original List Price Ratio: 1.00232
  • Ratio: Current Price\Building Area Total: 164.22
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2018
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen, Open Floorplan
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Thermal Windows
  • Street Number Modifier: 718
  • Room Count: 6
  • Additional Rooms: Great Room, Inside Utility
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: West
  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Porch
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Beach - Public
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0166E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Pool
  • Association Fee: 298.1
  • Association Fee Frequency: Monthly
  • Association Name: Creative Assoc./Sharon Gastelbondo
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Email: sharon@creativeassociations.com
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3577.2
  • Monthly HOA Fee: 298.1
  • Total Monthly Fees: 298.1

Schools

  • Elementary School: James Tillman Elementary
  • High School: Palmetto High
  • Middle Or Junior School: Lincoln Middle

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1015733559
  • Additional Parcels: No
  • Lot Features: In County, Level
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: WCI

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Restrictions: See HOA for pet restrictions

Tax Info

  • Tax Block: 00/00
  • Tax Book Number: 00/00
  • Tax Lot: 071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Nov 15, 2019
Sold by
Wci Cpmmunities Llc
Bought by
Reith Heather J and Rieth Zachary J
Seller's Agent
Ben Goldstein
LENNAR REALTY
Buyer's Agent
michael schepps
KW COASTAL LIVING II
List Price
$466,940
Sold Price
$458,000
Premium/Discount to List
-$8,940
-1.91%
Current Estimated Value
$791,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,167
Avg. Annual Appreciation
9.73%
Original Mortgage
$458,000
Outstanding Balance
$403,323
Interest Rate
3.65%
Mortgage Type
VA
Estimated Equity
$387,844

Purchase Details

Closed on
Sep 18, 2017
Sold by
Sanctuary Cove Asli Vi L L L P
Bought by
Wci Communities Llc
Source: Public Records

Range of Values:

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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
Reith Heather J $458,000 Calatlantic Title Inc
Wci Communities Llc $4,579,200 Flroida Title & Guarantee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reith Heather J $458,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $458,000 -1.9% $192 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
08/14/2019 08/14/19 Price Changed $466,940 0.0% $195 / Sq Ft
08/14/2019 08/14/19 For Sale $466,940 +0.4% $195 / Sq Ft
07/07/2019 07/07/19 Pending -- -- --
06/22/2019 06/22/19 Price Changed $464,990 -0.4% $195 / Sq Ft
06/07/2019 06/07/19 Price Changed $466,940 +2.2% $195 / Sq Ft
05/15/2019 05/15/19 For Sale $456,940 -- $191 / Sq Ft
Source: Stellar 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
2025 $7,174 $381,557 -- --
2024 $7,174 $370,804 -- --
2023 $7,069 $360,004 $0 $0
2022 $6,166 $311,589 $0 $0
2021 $5,139 $302,514 $0 $0
2020 $4,916 $279,304 $0 $0
2019 $1,066 $80,000 $80,000 $0
2018 $461 $22,000 $22,000 $0
2017 $444 $22,000 $0 $0
2016 $439 $21,400 $0 $0
2015 $443 $21,400 $0 $0
2014 $443 $21,400 $0 $0
2013 $447 $21,400 $21,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3174782

Stellar MLS

APN: 10157-3355-9