NOT LISTED FOR SALE

89451 Old Hwy Tavernier, FL 33070

Estimated Value: $1,632,000 - $6,103,000

4 Beds
3.5 Baths
1,877 Sq Ft
$2,302/Sq Ft Est. Value

Last Sold October 11, 2018

Last sale price $2,725,000 $1,452 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $26,101/month

162 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Lap Pool
  • Plantation Key School Rated A-
  • Sandy Beach
  • 1-minute walk to Indian Key

About This Home

As of October 2018

Experience sunrises forever with privacy and tranquility of living on the Atlantic Ocean along Islamorada's exclusive Millionaire's Row! You will love this fresh, clean, re-built home! The original structural shell has been completely renewed featuring 4 bedrooms and 3.5 baths, walnut hardwood floors, retro-style 'Big Chill' appliances, with a spacious interior living area leading out to porches to entertain while enjoying the open water vista! This perfect haven for relaxation includes a lower level entertainment room, efficient laundry, and convenient enclosed two-car garage.For the avid fishing and boating enthusiast this incredible estate features an irreplaceable protected boat basin and rare boat ramp.

Last Agent to Sell the Property

Patti Stanley

Coldwell Banker Schmitt Islamorada License #0427521 Listed on: 03/21/2018

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

Joe Talamas

Coldwell Banker Schmitt Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,845

Year Built

  • Built in 1948

Lot Details

  • 2.33 Acre Lot
  • Ocean Front
  • Sandy Beach
  • Fenced
  • Property is zoned R1 - Residential Single Family

Home Design

  • Frame Construction

Interior Spaces

  • 1,877 Sq Ft Home
  • Ceiling Fan
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Attached Garage
  • Carport
  • Open Parking
  • RV or Boat Parking

Pool

  • Lap Pool
  • In Ground Pool

Outdoor Features

  • Boat Ramp
  • Balcony
  • Deck
  • Patio

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Trop Coral Reef Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00092550-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,845

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 2
  • Document Count: 2
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 89.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 18845.16
  • Vehicle Storage: Attached, Open Parking, RV Parking Open, Carport, Garage
  • Year Built: 1948
  • Alternate Key Number: 1107310
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 101514.00
  • Pool Info: In Ground, Lap
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1877.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Freezer, Refrigerator, Range, Oven, Microwave
  • Half Bathrooms: 1
  • Appliances Other: New Retro Appliances
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Basin, Boat Ramp
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Frame
  • Exterior Features: Fencing, Sandy Beach
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,AE,AE,VE,VE
  • Parcel Number: 00092550-000000
  • Lot Size: 107x954
  • Land Size: 1 Less Than 2 Acres
  • Acres: 2.33

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Oct 1, 2018
Sold by
89451 Llc
Bought by
Dudley Timothy and Dudley Michele
Seller's Agent
Patti Stanley
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Joe Talamas
Coldwell Banker Schmitt Islamorada
List Price
$3,200,000
Sold Price
$2,725,000
Premium/Discount to List
-$475,000
-14.84%
Current Estimated Value
$4,320,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,595,514
Avg. Annual Appreciation
6.90%

Purchase Details

Listed on
Mar 20, 2015
Closed on
Jun 8, 2015
Sold by
Fairless Ronald J
Bought by
89451 Llc
Seller's Agent
Kim Thaler
MMLS Assoc.-Inactive Member
Buyer's Agent
Non Fll Agent
NON FLL OFFICE
List Price
$2,500,000
Sold Price
$1,900,000
Premium/Discount to List
-$600,000
-24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%

Purchase Details

Listed on
Mar 20, 2015
Closed on
Jun 5, 2015
Sold by
Farrell Deena J
Bought by
89451 Llc
Seller's Agent
Kim Thaler
MMLS Assoc.-Inactive Member
Buyer's Agent
Non Fll Agent
NON FLL OFFICE
List Price
$2,500,000
Sold Price
$1,900,000
Premium/Discount to List
-$600,000
-24%
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
Dudley Timothy $2,725,000 Attorney
89451 Llc -- Attorney
89451 Llc $1,900,000 Attorney
89451 Llc -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2018 10/11/18 Sold $2,725,000 -14.8% $1,452 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $3,200,000 +68.4% $1,705 / Sq Ft
06/09/2015 06/09/15 Sold $1,900,000 0.0% $1,012 / Sq Ft
06/09/2015 06/09/15 Sold $1,900,000 -9.5% --
05/15/2015 05/15/15 Price Changed $2,100,000 -16.0% --
05/01/2015 05/01/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $2,500,000 0.0% --
01/26/2015 01/26/15 For Sale $2,500,000 -- $1,332 / 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 $32,899 $5,199,702 $4,330,495 $869,207
2023 $32,899 $4,857,564 $3,998,555 $859,009
2022 $28,735 $3,882,450 $3,014,199 $868,251
2021 $22,700 $2,308,754 $1,856,133 $452,621
2020 $22,742 $2,302,939 $1,856,133 $446,806
2019 $24,034 $2,387,680 $1,901,292 $486,388
2018 $22,940 $2,464,236 $1,943,934 $520,302
2017 $21,075 $2,400,583 $0 $0
2016 $18,845 $1,749,482 $0 $0
2015 $17,473 $1,647,715 $0 $0
2014 $4,771 $420,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 579397

Florida Keys Board of REALTORS®

APN: 00092550-000000