NOT LISTED FOR SALE

7223 Simran Ln Duck Key, FL 33050

Estimated Value: $1,092,064 - $1,412,000

3 Beds
2.5 Baths
1,620 Sq Ft
$761/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $1,100,000 $679 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,062/month

69 Days on Market

Highlights

  • In Ground Pool
  • Furnished
  • Attached Garage
  • Coral Shores High School Rated A
  • Stainless Steel Appliances
  • 1-minute walk to Curry Hammock State Park

About This Home

As of October 2023

This is the Sanctuary Home that you have been searching for. Located in an exclusive Gated area of Hawks Cay Resort, this property offers size and elegance combined with your own private pool area. Use this as a NIGHTLY rental property and see the highest income potential in Hawks Cay. This Sanctuary home is large enough for your family and can also be used as a second home. This is an end unit offering ultimate privacy. Exterior painting just completed as well as all new composite decking in the rear. Also a very unique feature of this home is the private LARGE side yard that has several options for your personal use. This is one of only two properties at Hawks Cay that has this amount of extra land. Enjoy your private, tropically landscaped pool with a large deck.Enter into your downstairs to see the den is currently set up as an additional sleeping area. Very large open concept downstairs with a FULL kitchen, large dining and ample couches and sitting areas for the family. The expansive deck is also great for family gatherings, play cards and games by the pool in your lush private back yard.This home can comfortably accommodate up to 10 guests that will allow it to produce premium rental income.

Last Agent to Sell the Property

Margaret Crowley

Florida Keys Realty Group LLC License #3209961 Listed on: 07/03/2023

Co-Listed By

Lissete Cadwell, P.A.

Florida Keys Realty Group LLC License #3254853

Last Buyer's Agent

Jamie Caudill

Island Breeze Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,820

Year Built

  • Built in 2003

Lot Details

  • 5,718 Sq Ft Lot
  • Privacy Fence
  • Property is zoned DR - Destination Resort District

HOA Fees

  • $640 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • French Doors
  • Tile Flooring
  • Monitored

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Carport

Pool

  • In Ground Pool
  • Pool Deck

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 2
  • Assessor Parcel Number 00378381-000349

Community Details

Overview

  • Association fees include cable, common area mnt, exterminating
  • The Sanctuary @ Hawk's Cay Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,820

Year Built

Built in 2003

Lot Details

0

HOA Fees

$640 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 640.00
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Cable, Other, Common Area Mnt, Exterminating
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Duck Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 61.00
  • Min Rental Days: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Manager on Premises, Other Area Features, Fire Hydrant
  • Pets W Restrictions: See doc books
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6820.02
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Attached
  • Year Built: 2003
  • Alternate Key Number: 9064144
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5718.00
  • Pool Info: In Ground, Decked
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1620.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: French Doors
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00378381-000349
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Oct 27, 2023
Sold by
Farmer Cheryl A
Bought by
Mccallister Aaron C and Mccallister Brandi S
Seller's Agent
Margaret Crowley
Florida Keys Realty Group LLC
Buyer's Agent
Jamie Caudill
Island Breeze Realty, LLC
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Views
123
Current Estimated Value
$1,233,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,016
Avg. Annual Appreciation
7.03%
Original Mortgage
$726,000
Outstanding Balance
$715,775
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$517,241

Purchase Details

Closed on
Dec 11, 2006
Sold by
Village At Hawks Cay Inc
Bought by
Sanctuary At Hawks Cay Property Owners A

Purchase Details

Closed on
Dec 17, 2003
Sold by
Village At Hawks Cay Inc
Bought by
Showerman Steve P and Showerman Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.81%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Mccallister Aaron C $1,100,000 None Listed On Document
Sanctuary At Hawks Cay Property Owners A -- Attorney
Showerman Steve P $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccallister Aaron C $726,000
Previous Owner Showerman Steven P $322,700
Previous Owner Showerman Steve P $322,700
Closed Showerman Steve P $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $1,100,000 -8.3% $679 / Sq Ft
07/03/2023 07/03/23 For Sale $1,200,000 -- $741 / Sq Ft
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 $7,743 $962,999 $609,814 $353,185
2023 $7,743 $951,674 $609,814 $341,860
2022 $6,820 $759,293 $415,577 $343,716
2021 $6,238 $567,669 $261,994 $305,675
2020 $6,159 $554,538 $241,667 $312,871
2019 $6,968 $635,447 $318,458 $316,989
2018 $6,837 $639,563 $318,458 $321,105
2017 $6,388 $627,867 $0 $0
2016 $5,934 $542,275 $0 $0
2015 $5,596 $477,849 $0 $0
2014 $5,456 $443,701 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Crowley

    Seller's Agent in 2023

    Margaret Crowley

    Florida Keys Realty Group LLC

    (305) 923-5658

    171 in this area

    260 Total Sales

    Margaret Crowley
    Section Image
  • Lissete Cadwell, P.A.

    Seller Co-Listing Agent in 2023

    Lissete Cadwell, P.A.

    Florida Keys Realty Group LLC

    (305) 396-1368

    69 in this area

    98 Total Sales

    Lissete Cadwell, P.A.
    Section Image

  • J

    Buyer's Agent in 2023

    Jamie Caudill

    Island Breeze Realty, LLC

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 605858

APN: 00378381-000349

Florida Monroe County Duck Key 33050

7223 Simran Ln, Duck Key, FL

This home is located at 7223 Simran Ln, Duck Key, FL 33050 since 03 July 2023 and is currently estimated at $1,233,016, approximately $761 per square foot. This property was built in 2003. 7223 Simran Ln is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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