NOT LISTED FOR SALE

8 Coconut Dr Key West, FL 33040

Estimated Value: $2,198,725 - $2,554,000

4 Beds
3 Baths
2,203 Sq Ft
$1,066/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $2,200,000 $999 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,920/month

6 Days on Market

About This Home

As of June 2023

Location, luxury & Keys island life in one of the most sought-after boating communities in the upscale Key Haven neighborhood! All of this and more await you at this fabulous home. Introducing ''Island Breeze Sanctuary,'' a stunning 4 bed 3 bath concrete home tucked away on a serene street. One thing that must not be overlooked is the deep water canal boating access you are afforded with this location, as you are moments away from the Gulf of Mexico and the Atlantic Ocean. Entering the property, you're welcomed by lush tropical landscaping and a grand entrance that opens to reveal a large open-concept living, kitchen, and dining area making this space ideal for entertaining. Bask in the natural light that pours in and fills the home with the endless sunshine only found in the Florida Keys. Enjoy the primary bedroom adorned with a water view and patio for an additional spot to unwind. Three ample guest bedrooms and two spacious bathrooms complete the home providing space for friends or family to visit. Own a paradise where you can enjoy a gorgeous afternoon on your back patio overlooking pristine canal views - two homes away from a straight shot to the Gulf. Come tour this incredible home today!

Last Agent to Sell the Property

Miriam Novotny

Compass Florida, LLC License #3284228 Listed on: 03/07/2023

Compass Florida, LLC

Last Buyer's Agent

Lisa Swanson

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,839

Year Built

1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock Length: 60
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Key Haven
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4703.68
  • Vehicle Storage: Off Street Parking
  • Year Built: 1973
  • Alternate Key Number: 1172707
  • Cooling Heating: Central Air
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Open Porch/Balcony, Deck
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2203.00
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4
  • Accessibility Features: None
  • Sq Ft Remarks: Buyer to verify.

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00138520-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Jun 16, 2023
Sold by
Boan Pavla
Bought by
Daniel C Timmer Trust
Seller's Agent
Miriam Novotny
Compass Florida, LLC
Buyer's Agent
Lisa Swanson
Coldwell Banker Schmitt Real Estate Co.
List Price
$2,395,000
Sold Price
$2,200,000
Premium/Discount to List
-$195,000
-8.14%
Views
168
Current Estimated Value
$2,349,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,431
Avg. Annual Appreciation
3.67%

Purchase Details

Listed on
Jan 3, 2014
Closed on
Apr 17, 2014
Sold by
Us Bank National Association
Bought by
Boan Pavla
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Steven Eid
Sunshine State Realty Services
List Price
$565,000
Sold Price
$496,650
Premium/Discount to List
-$68,350
-12.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.68%
Original Mortgage
$143,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 21, 2013
Sold by
Palovick Peter
Bought by
Us Bank National Association

Purchase Details

Closed on
Oct 22, 2013
Sold by
Palovick Peter and Case #44-2010-Ca-000655K
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 19, 2004
Sold by
Maffett Richard L and Maffett Laverne E
Bought by
Palovcik Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2004
Sold by
Schober Jo Elsa and Schober Lawrence
Bought by
Maffett Richard L and Maffett Laverne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
2.12%
Mortgage Type
New Conventional
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
Daniel C Timmer Trust $2,200,000 None Listed On Document
Boan Pavla $496,700 Title365 Company
Us Bank National Association $551,000 None Available
Us Bank National Association $551,000 None Available
Palovcik Peter $785,000 --
Maffett Richard L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boan Pavla $143,000
Previous Owner Palovcik Peter $866,250
Previous Owner Palovcik Peter $628,000
Previous Owner Maffett Richard L $103,162
Closed Palovcik Peter $78,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $2,200,000 -8.1% $999 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $2,395,000 +382.2% $1,087 / Sq Ft
04/28/2014 04/28/14 Sold $496,650 -12.1% $259 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $565,000 -- $295 / Sq Ft
Source: Key West 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 $4,839 $1,817,176 $907,200 $909,976
2023 $4,839 $559,287 $0 $0
2022 $4,704 $542,998 $0 $0
2021 $4,847 $527,183 $0 $0
2020 $4,822 $519,905 $0 $0
2019 $4,729 $508,217 $0 $0
2018 $4,759 $498,741 $0 $0
2017 $4,619 $488,483 $0 $0
2016 $4,652 $478,436 $0 $0
2015 $4,789 $475,110 $0 $0
2014 $5,530 $485,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Miriam Novotny

    Compass Florida, LLC

    (305) 942-9684

    96 Total Sales

    Miriam Novotny
    Section Image

  • L

    Buyer's Agent in 2023

    Lisa Swanson

    Coldwell Banker Schmitt Real Estate Co.

  • B

    Seller's Agent in 2014

    Barbara Crespo

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • S

    Buyer's Agent in 2014

    Steven Eid

    Sunshine State Realty Services

  • S

    Buyer's Agent in 2014

    Steve Eid

    Sunshine State Realty Services

    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 604467

Key West Association of REALTORS®

APN: 00138520-000000

Florida Monroe County Key West 33040

8 Coconut Dr, Key West, FL

This home is located at 8 Coconut Dr, Key West, FL 33040 since 07 March 2023 and is currently estimated at $2,349,431, approximately $1,066 per square foot. This property was built in 1973. 8 Coconut Dr is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and Sigsbee Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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