NOT LISTED FOR SALE

92099 Overseas Hwy Tavernier, FL 33070

Estimated Value: $1,924,000 - $4,213,000

3 Beds
2 Baths
2,281 Sq Ft
$1,532/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $1,551,000 $680 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $20,813/month

14 Days on Market

Highlights

  • Ocean Front
  • Detached Guest House
  • RV Parking in Community
  • Plantation Key School Rated A-
  • RV or Boat Parking
  • 1-minute walk to Old Settler's Park

About This Home

As of September 2019

Bank Owned Foreclosure! Direct oceanfront on approximately 2 acres plus bay bottom. Beautiful open water views. 3 bed/2bath concrete ground level house plus separate 3bed/1bath guest house. 2000 square foot open porch perfect for summer kitchen and entertaining. Hurricane damaged from Irma. Dock needs rebuilding. Property is the largest single family parcel on the ocean in Tavernier. Lot of privacy on this extraordinary parcel. Perfect to fix up as is or rebuild and add a second floor. Sold as is. Seller in process to tie into sewer.

Last Agent to Sell the Property

Deb Bennett

LoKation Real Estate License #419141 Listed on: 02/01/2019

Last Buyer's Agent

Debrah Bennett

Default Realty Services, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,895

Year Built

  • Built in 1962

Lot Details

  • 0.96 Acre Lot
  • Ocean Front
  • Fenced
  • Fruit Trees
  • Property is zoned SR - Sub Urban Residential District

Home Design

  • Fixer Upper
  • Metal Roof

Interior Spaces

  • 2,281 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Sun or Florida Room
  • Storage
  • Tile Flooring
  • Ocean Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Electric Gate
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Detached Guest House
  • Ground Level

Community Details

  • No Home Owners Association
  • Unplatted Lower K.L. Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00089650-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,895

Year Built

Built in 1962

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: 2
  • Dockage Dock: Other
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 92.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 29895.40
  • Vehicle Storage: Covered Parking, Off Street Parking, RV Parking Open, Open Parking, Guest Parking
  • Year Built: 1962
  • Alternate Key Number: 1101516
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 86350.00
  • Porch Balcony: Open Porch/Balcony, Windowed P/B, Patio
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 2281.00
  • Pre Wired: Cable
  • Specialty Rooms Guest Servant Qtrs: Non-Conforming
  • Financial Status Auction: No
  • Property Condition: Fixer Upper
  • Sewer Hook Up: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Walk-in Closet(s), Storage, Split Bedroom, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Sun/Florida Room
  • Windows/Doors: French Doors, Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Detached Guest Qtrs, Storage, Fencing, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: No

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,VE,AE,VE,VE
  • Parcel Number: 00089650-000000
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.96

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Sep 20, 2019
Sold by
Us Bank Na Fbo Bank Of America Na Succes
Bought by
99 Overseas Llc
Seller's Agent
Deb Bennett
LoKation Real Estate
Buyer's Agent
Debrah Bennett
Default Realty Services, Inc.
List Price
$1,372,500
Sold Price
$1,551,000
Premium/Discount to List
$178,500
13.01%
Current Estimated Value
$3,493,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,942,602
Avg. Annual Appreciation
14.54%

Purchase Details

Closed on
Nov 20, 2018
Sold by
Gonzalez Enrique R and Lopez Miladys
Bought by
Us Bank Na and Abnk Of America Na

Purchase Details

Closed on
Dec 29, 2006
Sold by
Aiello Marion
Bought by
Gonzalez Enrique R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 30, 2002
Sold by
Varuna Inc C
Bought by
Aiello Marion
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
99 Overseas Llc $1,551,000 None Listed On Document
Us Bank Na -- None Available
Gonzalez Enrique R $2,500,000 Attorney
Aiello Marion $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 99 Overseas Llc $2,200,000
Previous Owner Gonzalez Enrique R $247,500
Previous Owner Gonzalez Enrique R $2,000,000
Previous Owner Aiello Marion E $500,000
Previous Owner Aiello Marion E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2019 09/12/19 Sold $1,551,000 +13.0% $680 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $1,372,500 -- $602 / 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 $21,763 $3,417,324 $3,200,227 $217,097
2023 $21,763 $3,389,927 $3,170,868 $219,059
2022 $20,865 $3,393,631 $3,170,868 $222,763
2021 $17,549 $2,185,683 $1,981,829 $203,854
2020 $23,402 $2,494,524 $2,158,846 $335,678
2019 $30,533 $3,204,631 $2,841,011 $363,620
2018 $30,195 $3,182,441 $2,841,011 $341,430
2017 $30,739 $3,914,542 $0 $0
2016 $25,181 $2,494,431 $0 $0
2015 $25,077 $2,633,136 $0 $0
2014 $27,756 $3,475,488 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584060

Florida Keys Board of REALTORS®

APN: 00089650-000000