NOT LISTED FOR SALE

8 Floral Ave Key West, FL 33040

Estimated Value: $2,266,808 - $2,584,000

3 Beds
3 Baths
2,521 Sq Ft
$964/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $2,200,000 $873 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $14,279/month

134 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Whirlpool Bathtub
  • Balcony
  • Boat Lift
  • No HOA
  • Tray Ceiling

About This Home

As of March 2024

Stunning 3 Bedroom 3 Bathroom home in sought-after Key Haven Neighborhood! This home boasts a newly updated Kitchen, updated Guest Bathroom, and new carpeting in the Guest Rooms, with unprecedented Open Water Views in front of the house and pristine Canal Views in the back. This meticulously maintained 2,521 sq ft home provides plenty of space for entertaining. The open-concept main floor is flooded with natural light through the mirror-tinted windows that feature top-of-the-line Hunter Douglas Blinds. An updated kitchen with ample storage and all new appliances, a large dining room, and a bonus sitting room provide tons of opportunities for entertaining. The sprawling main bedroom offers breathtaking views and privacy from the rest of the house on its own separate floor with a luxurious en suite bathroom. The show-stopping views continue upstairs in each of the two additional guest bedrooms. Two large, open porches provide the perfect backdrop for grilling, entertaining, and taking in the tranquil sea breezes. Built to withstand the test of time, structural upgrades include a metal roof, sturdy CBS construction, and impact doors. Lush tropical landscaping and greenspaces adorn the property, providing privacy from neighboring lots and a peaceful resort feel. An attached one-car garage offers room to keep your toys and equipment out of the elements. Additional open parking and street parking provide ample space for hosting events. An expansive brick paver deck leads to a generous 60-foot sea wall complete with an 18k pound boat lift, dock boxes, and a cleaning table. The Keys lifestyle of your dreams awaits. Come tour this Key Haven treasure today!

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677 Listed on: 09/25/2023

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Solaris Gregory

Expert Realty LLC (HQ) License #3445338

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,900

Year Built

  • Built in 1987

Lot Details

  • 6,000 Sq Ft Lot
  • Property fronts gulf or ocean
  • Home fronts a canal
  • Privacy Fence
  • Property is zoned IS - Improved Subivision District

Property Views

  • Gulf
  • Canal

Home Design

  • Metal Roof

Interior Spaces

  • 2,521 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Impact Glass
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Parking

  • 1 Car Garage
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Boat Lift
  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00140680-000000

Community Details

Overview

  • No Home Owners Association
  • Key Haven 5Th Add Subdivision
  • Rental Restrictions

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,900

Year Built

Built in 1987

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: Other
  • Dockage Dock Length: 60
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Key Haven
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 10899.92
  • Title: Negotiable
  • Vehicle Storage: Garage, Off Street Parking, Open Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1987
  • Alternate Key Number: 1174823
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2521.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Tray Ceilings, Whirlpool Bath Tub
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Floor: Tile, Carpet
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Gulf Front, Open Water, Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View, Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00140680-000000
  • 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
Sep 25, 2023
Closed on
Mar 21, 2024
Sold by
Peterson Steven Ross
Bought by
Steven R Peterson Revocable Declaration Of Tr and Peterson
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Solaris Gregory
Expert Realty LLC (HQ)
List Price
$2,550,000
Sold Price
$2,200,000
Premium/Discount to List
-$350,000
-13.73%
Views
240
Current Estimated Value
$2,430,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,952
Avg. Annual Appreciation
7.64%
Original Mortgage
$1,650,000
Outstanding Balance
$1,631,558
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$810,999

Purchase Details

Listed on
Sep 25, 2023
Closed on
Mar 18, 2024
Sold by
Vander Kley Mark A
Bought by
Peterson Steven Ross
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Solaris Gregory
Expert Realty LLC (HQ)
List Price
$2,550,000
Sold Price
$2,200,000
Premium/Discount to List
-$350,000
-13.73%
Views
240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Outstanding Balance
$1,631,558
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$810,999

Purchase Details

Closed on
May 11, 2007
Sold by
Kley Harold Q Vander and Kley Norma I Vander
Bought by
Kley Mark A Vander

Purchase Details

Closed on
Apr 23, 2007
Sold by
Kley Paula M Vander
Bought by
Kley Mark A Vander

Purchase Details

Closed on
Jul 18, 1996
Sold by
Watterson Edgar W and Watterson Edith G
Bought by
Vander Kley Harold Q and Vander Kley Norma I

Purchase Details

Closed on
Jul 1, 1985
Bought by
Vander Kley Mark A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Steven R Peterson Revocable Declaration Of Tr -- None Listed On Document
Peterson Steven Ross $2,200,000 None Listed On Document
Kley Mark A Vander -- None Available
Kley Mark A Vander -- None Available
Vander Kley Harold Q $465,000 --
Vander Kley Mark A $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Steven Ross $1,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2024 03/18/24 Sold $2,200,000 -6.8% $873 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
02/05/2024 02/05/24 Price Changed $2,360,000 -3.7% $936 / Sq Ft
01/08/2024 01/08/24 Price Changed $2,450,000 -2.0% $972 / Sq Ft
11/13/2023 11/13/23 Price Changed $2,499,000 -2.0% $991 / Sq Ft
09/25/2023 09/25/23 For Sale $2,550,000 -- $1,012 / 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 $12,400 $1,856,139 $1,179,360 $676,779
2023 $12,400 $1,692,020 $1,031,940 $660,080
2022 $10,900 $1,383,700 $758,160 $625,540
2021 $9,952 $1,045,894 $486,000 $559,894
2020 $9,736 $1,012,001 $486,000 $526,001
2019 $9,741 $1,019,269 $486,000 $533,269
2018 $9,197 $944,211 $480,168 $464,043
2017 $8,232 $830,516 $0 $0
2016 $7,741 $754,092 $0 $0
2015 $7,792 $731,057 $0 $0
2014 $7,558 $677,048 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 606757

APN: 00140680-000000