NOT LISTED FOR SALE

805 E Shore Dr Summerland Key, FL 33042

Estimated Value: $4,117,000 - $5,501,000

5 Beds
4.5 Baths
5,784 Sq Ft
$820/Sq Ft Est. Value

Last Sold September 19, 2018

Last sale price $2,500,000 $432 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $27,096/month

110 Days on Market

Highlights

  • Airstrip
  • Home Theater
  • Marble Flooring
  • Ocean Front
  • Concrete Pool
  • Granite Countertops

About This Home

As of September 2018

Exquisitely designed private oceanfront estate situated directly on the Atlantic Ocean. Enter through a gated entrance and a winding paver drive to a huge portico and 3 garages. This unique 5BD/4.5BA Glen Gray designed home has unparalleled views of the Atlantic Ocean from multiple levels including a roof top terrace. The full size elevator takes you to the third story master suite complete with dual bathroom, dual closets, and one of two home theaters. The inviting open floor plan is the epitome of luxury living, with natural stone marble floors and soaring ceilings allowing unobstructed views of the Atlantic Ocean. The spacious Chef's kitchen features, multiple islands, colossal pantry, granite counters and wet bar.

Last Agent to Sell the Property

Fred Mullins

Coldwell Banker Schmitt Real Estate Co. (KW) License #3048048 Listed on: 05/19/2018

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Debra Mott

LoKation Real Estate License #3089855

LoKation Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,807

Year Built

  • Built in 2000

Lot Details

  • 0.58 Acre Lot
  • Ocean Front
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 5,784 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Bar
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Home Theater
  • Utility Room
  • Ocean Views
  • Impact Glass

Kitchen

  • Oven
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Carport
  • Electric Gate
  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Seawall
  • Balcony
  • Patio
  • Outdoor Storage
  • Attached Grill

Utilities

  • Central Air
  • Whole House Permanent Generator
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Summerland Beach Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00196620-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,807

Year Built

Built in 2000

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
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Summerland Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 25.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 17807.39
  • Title: Negotiable
  • Vehicle Storage: Attached, Off Street Parking, Open Parking, Carport, Garage
  • Year Built: 2000
  • Alternate Key Number: 1258296
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 25309.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 5784.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Bar, Split Bedroom, Wet Bar, Walk-in Closet(s), Pantry, Granite Counter Top, Drapes/Blinds Incl, Entrance Foyer, Elevator, Built-in Cabinets
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Wine Cooler, Oven, Refrigerator, Gas Appliances, More Appliances, Dryer, Disposal
  • Floor: Marble, Wood, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Theater Room, Utility Room, Media Room
  • Windows/Doors: Impact Rstnce Window, Sliding Glass Doors
  • Total Bedrooms: 5
  • Accessibility Features: None

Exterior Features

  • Dockage: Basin
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete, Combo Construction
  • Exterior Features: Built-in Grill, Storage, Outdoor Shower, Fencing
  • Roof: Other Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Cable Available, Whole House Generatr, Propane, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,VE
  • Parcel Number: 00196620-000000
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.58

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2018
Closed on
Sep 20, 2018
Sold by
Mcgrath John T
Bought by
Rhodes Herman J and Rhodes Lori
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Debra Mott
LoKation Real Estate
List Price
$2,995,000
Sold Price
$2,500,000
Premium/Discount to List
-$495,000
-16.53%
Current Estimated Value
$4,744,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,244,484
Avg. Annual Appreciation
9.43%

Purchase Details

Listed on
May 19, 2018
Closed on
Sep 19, 2018
Sold by
Mcgrath John T
Bought by
Rhodes Herman J and Rhodes Lori
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Debra Mott
LoKation Real Estate
List Price
$2,995,000
Sold Price
$2,500,000
Premium/Discount to List
-$495,000
-16.53%

Purchase Details

Closed on
Nov 30, 2011
Sold by
White Robert M and White Katherine R
Bought by
Mcgrath John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 1997
Sold by
Septic John M and Septic F
Bought by
White Robert M and White Katherine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,500
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1989
Bought by
Mcgrath John T

Purchase Details

Closed on
Apr 1, 1983
Bought by
Mcgrath John T

Purchase Details

Closed on
Dec 1, 1982
Bought by
Mcgrath John T

Purchase Details

Closed on
Sep 1, 1977
Bought by
Mcgrath John T
Source: Public Records

Range of Values:

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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
Rhodes Herman J $2,500,000 None Listed On Document
Rhodes Herman J $2,500,000 Attorney
Rhodes Herman J $2,500,000 None Listed On Document
Mcgrath John T $2,225,000 Attorney
White Robert M $550,000 --
Mcgrath John T $495,000 --
Mcgrath John T $225,000 --
Mcgrath John T -- --
Mcgrath John T $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgrath John T $1,500,000
Previous Owner White Robert M $572,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2018 09/19/18 Sold $2,500,000 -16.5% $432 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
05/19/2018 05/19/18 For Sale $2,995,000 -- $518 / 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 $25,666 $3,522,059 $1,864,044 $1,658,015
2023 $25,666 $3,384,057 $1,758,973 $1,625,084
2022 $22,952 $2,893,766 $1,245,290 $1,648,476
2021 $21,176 $2,243,378 $739,391 $1,503,987
2020 $21,625 $2,268,968 $751,066 $1,517,902
2019 $19,701 $2,051,102 $716,042 $1,335,060
2018 $17,540 $1,765,547 $671,954 $1,093,593
2017 $18,496 $1,881,693 $0 $0
2016 $19,373 $1,915,656 $0 $0
2015 $22,447 $2,289,983 $0 $0
2014 $20,652 $1,887,592 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fred Mullins

    Seller's Agent in 2018

    Fred Mullins

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-5341

    59 Total Sales

    Fred Mullins
    Section Image

  • D

    Buyer's Agent in 2018

    Debra Mott

    LoKation Real Estate

    (305) 393-0324

    6 Total Sales

    Debra Mott
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 580253

Florida Keys Board of REALTORS®

APN: 00196620-000000

Florida Monroe County Summerland Key 33042

805 E Shore Dr, Summerland Key, FL

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