NOT LISTED FOR SALE

9 Beach Dr Key West, FL 33040

Estimated Value: $318,501 - $1,133,000

0.12 Acre
$5,057,609 Price per Acre
5,026 Sq Ft Lot

Last Sold January 08, 2021

Last sale price $230,000

Est. 153% increase in value since last sale

Current estimated payment $3,297/month

105 Days on Market

Highlights

  • Boat Ramp
  • Bay View
  • Seawall
  • Tennis Courts
  • Home fronts a canal
  • 1-minute walk to Marathon Rotary Park

About This Lot

As of January 2021

Build your waterfront dream home on this 5,026 sqft Rogo Exempt vacant lot in the desirable Bay Point neighborhood. Beautiful sunset water views await. Boating is easy with your own 74 ft seawall and private concrete boat ramp. Just 15 miles to Key West. Neighborhood amenities with no HOA fee, include large park, tennis courts, bocce, basket ball, playground, convenience store and famous Baby's Coffee shop.

Last Agent to Sell the Property

Sean Farrer, P.A.

Coastline R.E. & Property Mgmt. (KW) Listed on: 08/24/2020

Last Buyer's Agent

Ashkarian Ardis Team

Coldwell Banker Schmitt Real Estate Co. License #622790

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,255

Lot Details

  • 5,026 Sq Ft Lot
  • Home fronts a canal
  • Cleared Lot
  • Property is zoned URM - Urban Res Mobile Home District

Property Views

  • Bay
  • Canal

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00160290-000000

Community Details

Overview

  • Bay Point Amd & 1St Subdivision

Recreation

  • Tennis Courts
  • Seawall
  • Boat Ramp
  • Tennis Courts

Property Details

Property Type

Land

Est. Annual Taxes

$2,255

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • Dockage Seawall: Concrete
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Saddlebunch
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 15.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Other Area Features
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2254.51
  • Alternate Key Number: 1205869
  • Lot Sq Ft: 5026.00
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Existing Utilities: Street Lights, Water Line, Electric on Site
  • Location Site: Paved Street, Cleared Site, Water Frontage
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: Yes
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View, Bay View

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00160290-000000
  • Land Size: Less Than 1/4 Acre
  • Building Permit: Other Permit

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Jan 8, 2021
Sold by
Beach Drive Llc
Bought by
Harness G Brent G and Harness Laura L
Seller's Agent
Sean Farrer, P.A.
Coastline R.E. & Property Mgmt. (KW)
Buyer's Agent
Ashkarian Ardis Team
Coldwell Banker Schmitt Real Estate Co.
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%
Current Estimated Value
$581,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,625
Avg. Annual Appreciation
20.43%

Purchase Details

Closed on
Sep 21, 2012
Sold by
Blackburn Arthur Mitchell
Bought by
Beach Drive Llc

Purchase Details

Closed on
Jul 31, 2012
Sold by
Bedecs Michael J
Bought by
Beach Drive Llc

Purchase Details

Closed on
Jul 15, 2004
Sold by
Blackburn Arthur Mitchell
Bought by
Bedecs Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,800
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 1997
Sold by
Gargano David F and Gargano Gloria
Bought by
Blackburn Arthur M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,376
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1992
Bought by
Beach Drive Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Harness G Brent G $230,000 Florida Title Professional
Beach Drive Llc -- None Available
Beach Drive Llc $40,000 None Available
Bedecs Michael J $245,000 --
Blackburn Arthur M $67,500 --
Beach Drive Llc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bedecs Michael J $195,800
Previous Owner Blackburn Arthur M $41,339
Previous Owner Blackburn Arthur M $25,000
Previous Owner Blackburn Arthur M $39,923
Previous Owner Blackburn Arthur M $19,376
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $230,000 -6.1% --
12/07/2020 12/07/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $245,000 -- --
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
2025 $3,091 $916,489 $404,663 $511,826
2024 $2,603 $317,821 $280,124 $37,697
2023 $2,603 $315,839 $277,448 $38,391
2022 $2,262 $242,491 $203,402 $39,089
2021 $1,842 $179,587 $157,904 $21,683
2020 $2,258 $178,695 $157,012 $21,683
2019 $2,255 $182,679 $158,796 $23,883
2018 $2,304 $214,630 $193,589 $21,041
2017 $2,046 $170,024 $0 $0
2016 $1,990 $164,741 $0 $0
2015 $1,888 $139,453 $0 $0
2014 $1,890 $145,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592247

Florida Keys Board of REALTORS®

APN: 00160290-000000