NOT LISTED FOR SALE

7210 Simran Ln Duck Key, FL 33050

Estimated Value: $1,157,746 - $1,428,000

0.08 Acre
$15,803,000 Price per Acre
3,441 Sq Ft Lot

Last Sold January 08, 2013

Last sale price $90,000

Est. 1,287% increase in value since last sale

Current estimated payment $8,003/month

4 Days on Market

Highlights

  • Boat Ramp
  • Tennis Courts
  • Community Pool
  • Coral Shores High School Rated A
  • Clubhouse
  • 1-minute walk to Curry Hammock State Park

About This Lot

As of January 2013

Buildable lot on the elegant gated street of The Sanctuary at Hawks Cay. This is a rare opportunity to build your own dream vacation home at one of the top rated resorts in the Florida Keys. Enjoy resort amenities and fantastic rental income.

Last Agent to Sell the Property

Margaret Crowley

Florida Keys Realty Group LLC License #3209961 Listed on: 11/12/2012

Last Buyer's Agent

Margaret Crowley

Florida Keys Realty Group LLC License #3209961 Listed on: 11/12/2012

Property Details

Property Type

  • Land

Lot Details

  • Cleared Lot
  • Property is zoned DR - Destination Resort District

HOA Fees

  • $495 Monthly HOA Fees

Additional Features

  • Handicap Accessible
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00378381-000365

Community Details

Overview

  • The Sanctuary @ Hawk's Cay Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Ramp
  • Boat Dock
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Tennis Courts

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: Yes
  • Key Island: Duck Key
  • Limited Representation: No
  • Mile Marker: 61.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Spa, Other Area Features, Fire Hydrant, Handicap Facilities, Manager on Premises, Community Boat Ramp, Community Dockage, Community Pool, Tennis Courts
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Property Rights: Transient License
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2386.32
  • Title: Title Ins - Buyer
  • Alternate Key Number: 9064287
  • First Right of Refusal: Yes
  • Association Fee: 495.00
  • Association Maintenance Fee Per: Monthly
  • Mandatory HOA: Yes
  • Existing Utilities: Electric on Site, Water Line
  • Location Site: Paved Street, Cleared Site
  • Miscellaneous Info Mobile Home Lot: No
  • Survey Available: No
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Water Main Inquiry File: No
  • Special Features: 12
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Waterview: No Waterview

Utilities

  • Security: Patrolled Area

Lot Info

  • Deed Restrictions: Yes
  • Parcel Number: 00378381-000365
  • Land Size: Less Than 1/4 Acre
  • Building Permit: No Permit

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2012
Closed on
Jan 7, 2013
Sold by
7210 Sl Llc
Bought by
Rmf Family Llc
Seller's Agent
Margaret Crowley
Florida Keys Realty Group LLC
Buyer's Agent
Margaret Crowley
Florida Keys Realty Group LLC
List Price
$125,000
Sold Price
$90,000
Premium/Discount to List
-$35,000
-28%
Total Days on Market
4
Current Estimated Value
$1,248,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,158,437
Avg. Annual Appreciation
23.44%

Purchase Details

Closed on
Jan 28, 2010
Sold by
Allison John R
Bought by
7210 Sl Llc

Purchase Details

Closed on
Nov 24, 2003
Bought by
Rmf Family Llc
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
Rmf Family Llc $90,000 Attorney
7210 Sl Llc -- None Available
Rmf Family Llc $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allison John R $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2013 01/08/13 Sold $90,000 -28.0% --
11/16/2012 11/16/12 Pending -- -- --
11/12/2012 11/12/12 For Sale $125,000 -- --
Source: Marathon and Lower Keys Association 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 $7,746 $924,530 $475,203 $449,327
2023 $7,746 $905,872 $475,203 $430,669
2022 $6,936 $757,048 $323,842 $433,206
2021 $6,416 $586,232 $204,161 $382,071
2020 $6,266 $565,548 $178,905 $386,643
2019 $6,125 $602,149 $210,937 $391,212
2018 $5,713 $603,154 $210,937 $392,217
2017 $5,478 $624,801 $0 $0
2016 $5,007 $517,170 $0 $0
2015 $4,796 $477,158 $0 $0
2014 $1,164 $75,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 559424

APN: 00378381-000365