NOT LISTED FOR SALE

8 Tiki Ln Islamorada, FL 33036

Estimated Value: $1,540,000 - $1,790,000

2 Beds
2 Baths
1,230 Sq Ft
$1,363/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $950,000 $772 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $10,154/month

109 Days on Market

Highlights

  • Home fronts a canal
  • Sun or Florida Room
  • No HOA
  • Plantation Key School Rated A-
  • Granite Countertops
  • 1-minute walk to Lignumvitae Key Botanical State Park

About This Home

As of April 2023

Canal front home with desirable cut-in boat slip in great Lower Matecumbe neighborhood. Internal staircase to upstairs 2 bed/2 bath with enclosed porch/Florida Room. Kitchen is updated, there is a roof top deck, the canal is clear and has almost instant bay and ocean access. The grounds feature mature trees and colorful landscaping. There are quite a few beautiful, large Lignumvitae trees scattered throughout the property. Boat lift next to sea wall, in canal, does not work.

Last Agent to Sell the Property

Ashley Lindmar, Realtor

Coldwell Banker Schmitt Islamorada License #3158973 Listed on: 12/08/2022

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

Ashley Lindmar, Realtor

Moorings Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,888

Year Built

  • Built in 1971

Lot Details

  • 7,725 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R1 - Residential Single Family

Home Design

  • Concrete Roof

Interior Spaces

  • 1,230 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sun or Florida Room
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Open Parking

Pool

  • Outdoor Shower

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Davis Shores Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00397460-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,888

Year Built

Built in 1971

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
  • Fee Includes: None
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 77.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4888.07
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Trailer Storage, Open Parking, Attached
  • Vehicle Storage Cars: 4+
  • Year Built: 1971
  • Alternate Key Number: 1489930
  • Cooling Heating: Central Air, Ductless, Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 7725.00
  • Porch Balcony: Roof Top Deck
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1230.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Storage, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Sun/Florida Room
  • Total Bedrooms: 2
  • Sq Ft Remarks: Village and Seller unable to guarantee status of downstairs living space .

Exterior Features

  • Dockage: Basin
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Outdoor Shower
  • Roof: Concrete Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Buyer to Verify

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00397460-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Apr 26, 2023
Sold by
Steele-Lindmar Leona
Bought by
Noe Christopher
Seller's Agent
Ashley Lindmar, Realtor
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Ashley Lindmar, Realtor
Moorings Realty, Inc
List Price
$1,400,000
Sold Price
$950,000
Premium/Discount to List
-$450,000
-32.14%
Views
151
Current Estimated Value
$1,677,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$727,073
Avg. Annual Appreciation
26.56%

Purchase Details

Closed on
Jul 5, 2002
Sold by
Charles Lindmar I
Bought by
Lindmar Leona

Purchase Details

Closed on
Jun 1, 2000
Sold by
Narvid Edward F and Narvid Rose A
Bought by
Lindmar Leona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,600
Interest Rate
8.14%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 25, 1997
Sold by
Klein Eugene A
Bought by
Narvid Edward F and Narvid Rose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,750
Interest Rate
7.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1994
Sold by
Thrams Dorothy L
Bought by
Klein Eugene A

Purchase Details

Closed on
Aug 10, 1994
Sold by
Thrams Michael
Bought by
Klein Eugene A

Purchase Details

Closed on
Feb 1, 1971
Bought by
Steele-Lindmar Leona
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Noe Christopher $950,000 Coral Reef Title
Lindmar Leona -- --
Lindmar Leona $272,000 --
Narvid Edward F $217,500 --
Klein Eugene A $190,000 --
Klein Eugene A -- --
Steele-Lindmar Leona $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noe Christopher Arthur $700,000
Previous Owner Steele Lindmar Leona $100,000
Previous Owner Narvid Edward F $222,641
Previous Owner Narvid Edward F $220,500
Previous Owner Narvid Edward F $217,600
Previous Owner Narvid Edward F $195,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2023 04/26/23 Sold $950,000 -17.4% $772 / Sq Ft
04/06/2023 04/06/23 Price Changed $1,150,000 -17.9% $935 / Sq Ft
12/08/2022 12/08/22 For Sale $1,400,000 -- $1,138 / Sq Ft
Source: Florida Keys Board 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 $12,191 $893,698 $681,345 $212,353
2023 $12,191 $1,228,875 $961,454 $267,421
2022 $4,859 $458,998 $0 $0
2021 $4,888 $445,630 $0 $0
2020 $4,847 $439,478 $0 $0
2019 $4,827 $429,598 $0 $0
2018 $4,706 $421,588 $0 $0
2017 $4,530 $412,917 $0 $0
2016 $4,664 $404,425 $0 $0
2015 $4,564 $401,614 $0 $0
2014 $4,550 $398,427 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Ashley Lindmar, Realtor

    Coldwell Banker Schmitt Islamorada

    (305) 394-2815

    24 in this area

    44 Total Sales

    Ashley Lindmar, Realtor
    Section Image

  • A

    Buyer's Agent in 2023

    Ashley Lindmar &

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 603364

Florida Keys Board of REALTORS®

APN: 00397460-000000

Florida Monroe County Islamorada 33036

8 Tiki Ln, Islamorada, FL

This home is located at 8 Tiki Ln, Islamorada, FL 33036 since 08 December 2022 and is currently estimated at $1,677,073, approximately $1,363 per square foot. This property was built in 1971. 8 Tiki Ln is a home located in Monroe County with nearby schools including Plantation Key School and Coral Shores High 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.

Florida Keys Board 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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