NOT LISTED FOR SALE

753 E Shore Dr Summerland Key, FL 33042

Estimated Value: $3,123,605 - $3,918,000

4 Beds
3.5 Baths
3,044 Sq Ft
$1,154/Sq Ft Est. Value

Sale Details

Date Sold: February 23, 2018

Last sale price $2,075,000 $682 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $20,732 / mo

49 Days on Market

Highlights

  • Airstrip
  • Sandy Beach
  • Concrete Pool
  • Ocean Front
  • Home Theater
  • RV or Boat Parking

About This Home

As of February 2018

Star Cove. Stunning half acre ocean front estate located in prestigious Summerland Beach Estates. The resort-style home boasts lagoon style pool w/beach entry & numerous water features, beautiful sand beach, 320' dock w/3 lifts, and an abundance of lush tropical landscaping. Built in 2003 the CBS custom home features hurricane impact doors and windows and metal roof. Owner is a licensed Realtor. Photos are Pre-Irma. Interior of the house is the same but the house lost the dock and lots of landscaping in Irma. Price has been reduced $200,000 to compensate for landscaping and dock but will increase as seller makes the repairs.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt Real Estate Co License #605677 Listed on: 12/13/2017

Coldwell Banker Schmitt Real Estate Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,929

Year Built

  • Built in 2003

Lot Details

  • 19,325 Sq Ft Lot
  • Ocean Front
  • Sandy Beach
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 3,044 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Home Theater
  • Marble Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Airstrip
  • Balcony
  • Patio
  • Outdoor Water Feature
  • Lanai
  • Outdoor Storage

Utilities

  • Central Air
  • Aerobic Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Summerland Beach Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00196660-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,929

Year Built

Built in 2003

Lot Details

0.44 Acres

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Summerland Key
  • Limited Representation: No
  • Mile Marker: 25.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features, Airstrip
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 18929.07
  • Title: Negotiable
  • Vehicle Storage: Garage, Trailer Storage, RV Parking Open, Off Street Parking, Guest Parking, Open Parking, Auto Door Opener, Attached
  • Vehicle Storage Cars: 3
  • Year Built: 2003
  • Alternate Key Number: 8801378
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 19325.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3044.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Granite Counter Top, Whirlpool Bath Tub, Walk-in Closet(s), Security System, Entrance Foyer
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Marble
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Media Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Lanai, Water Display, Storage, Sandy Beach
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Cable Available, Buyer to Verify, Aerobic System

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE
  • Parcel Number: 00196660-000100
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.44

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 1.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2017
Closed on
Feb 22, 2018
Sold by
Bought by
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
Buyer's Agent
Creative Technology
List Price
$2,200,000
Sold Price
$2,075,000
Premium/Discount to List
-$125,000
-5.68%
Current Estimated Value
$3,512,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,437,651
Avg. Annual Appreciation
6.50%

Purchase Details

Listed on
Sep 18, 2013
Closed on
Jan 6, 2014
Sold by
Bought by
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
Buyer's Agent
Tommy Gomez
Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key
List Price
$2,900,000
Sold Price
$2,650,000
Premium/Discount to List
-$250,000
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.75%

Purchase Details

Closed on
Jul 9, 2012
Sold by
Bought by

Purchase Details

Closed on
May 23, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2001
Bought by

Purchase Details

Closed on
Mar 1, 1995
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,075,000 Attorney
$2,221,428 True Title Agency Inc
-- None Available
$2,500,000 True Title Agency Inc
$400,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2018 02/23/18 Sold $2,075,000 -5.7% $682 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $2,200,000 -17.0% $723 / Sq Ft
01/07/2014 01/07/14 Sold $2,650,000 -8.6% $871 / Sq Ft View Prior Sale
12/22/2013 12/22/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $2,900,000 -- $953 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $21,114 $2,786,662 $1,584,747 $1,201,915
2024 $19,655 $2,725,980 $1,527,351 $1,198,629
2023 $19,655 $2,613,506 $1,441,259 $1,172,247
2022 $17,488 $2,200,612 $1,020,360 $1,180,252
2021 $16,058 $1,682,132 $605,839 $1,076,293
2020 $16,506 $1,713,664 $615,405 $1,098,259
2019 $16,453 $1,700,460 $586,707 $1,113,753
2018 $16,953 $1,745,183 $582,649 $1,162,534
2017 $17,653 $1,833,776 $0 $0
2016 $18,929 $1,911,260 $0 $0
2015 $22,469 $2,194,699 $0 $0
2014 $15,320 $1,382,985 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Ferringo

    Seller's Agent in 2018

    Lisa Ferringo

    Coldwell Banker Schmitt Real Estate Co

    (305) 797-1221

    585 Total Sales

    Lisa Ferringo
    Section Image

  • o

    Buyer's Agent in 2018

    outside of mls

    Outside Of MLS

  • Tommy Gomez

    Buyer's Agent in 2014

    Tommy Gomez

    Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key

    (800) 843-9276

    19 Total Sales

    Tommy Gomez
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 577856

APN: 00196660-000100

Florida Monroe County Summerland Key 33042

753 E Shore Dr, Summerland Key, FL

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