NOT LISTED FOR SALE

Estimated Value: $1,300,000 - $1,501,000

3 Beds
2 Baths
1,152 Sq Ft
$1,218/Sq Ft Est. Value

Sale Details

Date Sold: December 17, 2021

Last sale price $1,125,000 $977 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,909 / mo

44 Days on Market

Highlights

  • Airstrip
  • Home fronts a canal
  • Furnished
  • Boat Lift
  • Cathedral Ceiling
  • Quartz Countertops

About This Home

As of December 2021

Extraordinary Summerland Key home just minutes to the open water. The home is on a wide, deep draft, flow through canal system with quick access to the Gulf of Mexico and the Atlantic Ocean. The property features a step-down concrete seawall, boat lift, fish cleaning station, Tiki hut and lush tropical vegetation to include a variety of fruit trees. The concrete constructed home is storm ready with metal roof, impact glass windows and impact sliding glass doors. The interior of the home has been renovated to perfection with an amazing kitchen featuring new Luxury class stainless steel appliances, a wine cooler, quartz counters and large island bar. Tile floors enhance the entire living area, with large baseboards, vaulted ceilings, recessed lighting, soothing interior tropical colored paint and comfortable tropical decor. The waterside screened porch is a great place to enjoy the cool tropical breezes. You'll love the plentiful downstairs storage area with separate garage. Not many homes of this caliber available, so don't wait.

Last Agent to Sell the Property

Fred Mullins

Coldwell Banker Schmitt Real Estate Co. (KW) License #3048048 Listed on: 10/16/2021

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Emily Lombard

Buy The Keys (KW)

Range of Values:

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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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,350

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 6,565 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,152 Sq Ft Home
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Open Parking

Outdoor Features

  • Airstrip
  • Seawall
  • Boat Lift
  • Screened Balcony
  • Outdoor Storage
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Summerland Cove Isle Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00198932-004500

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,350

Year Built

Built in 1980 | Remodeled

Lot Details

6,565 Sq Ft Lot

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
  • Handicap Access: No
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.50
  • 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: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5349.79
  • Title: Negotiable
  • Vehicle Storage: Garage, Open Parking
  • Year Built: 1980
  • Alternate Key Number: 1261351
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6565.00
  • Porch Balcony: Screened P/B
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1152.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Quartz Countertops, Split Bedroom, Cathedral Ceilings, Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Wine Cooler, Microwave, Stainless Steel Appliance(s), Range, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Stucco, Concrete
  • Exterior Features: Chickee Hut, Storage, Fencing
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Cable Available, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00198932-004500
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

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
Oct 16, 2021
Closed on
Dec 17, 2021
Sold by
Bought by
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Emily Lombard
Buy The Keys (KW)
List Price
$1,200,000
Sold Price
$1,125,000
Premium/Discount to List
-$75,000
-6.25%
Current Estimated Value
$1,403,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,287
Avg. Annual Appreciation
4.82%
Original Mortgage
$725,000
Outstanding Balance
$652,953
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$750,334

Purchase Details

Listed on
Nov 17, 2018
Closed on
Nov 7, 2019
Sold by
Bought by
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$698,000
Sold Price
$650,000
Premium/Discount to List
-$48,000
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.69%
Original Mortgage
$415,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Summerland Key, FL

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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
$1,125,000 Oropeza Stones Cardenas Pllc
$650,000 Attorney
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
Open $725,000
Previous Owner $415,000
Previous Owner $475,000
Previous Owner $250,000
Previous Owner $19,500
Previous Owner $300,700
Previous Owner $40,000
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
12/17/2021 12/17/21 Sold $1,125,000 -6.3% $977 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
10/16/2021 10/16/21 For Sale $1,200,000 +84.6% $1,042 / Sq Ft
11/07/2019 11/07/19 Sold $650,000 -6.9% $500 / Sq Ft View Prior Sale
10/18/2019 10/18/19 Pending -- -- --
11/17/2018 11/17/18 For Sale $698,000 -- $537 / Sq Ft
Source: Florida Keys Board 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 $14,526 $1,232,873 $862,491 $370,382
2024 $14,260 $1,208,700 $845,580 $363,120
2023 $1,500 $88,086 $29,427 $58,659
2022 $1,427 $86,359 $28,850 $57,509
2021 $1,426 $84,667 $28,285 $56,382
2019 $1,383 $82,157 $27,447 $54,710
2018 $1,282 $80,547 $26,909 $53,638
2016 $1,211 $77,421 $25,865 $51,556
2015 $1,191 $76,259 $25,477 $50,782
2014 $1,184 $74,766 $24,978 $49,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598141

Florida Keys Board of REALTORS®

APN: 00198932-004500

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