$515,000
SOLD FEB 22, 2021

94220 Overseas Hwy Unit 5 Tavernier, FL 33070

2 Beds
2.5 Baths
1,523 Sq Ft
$630/mo HOA Fee

Recently Sold

$338 Per Sq Ft

4% Below List Price

320 Days on Market

Highlights

  • Boat Ramp
  • Property fronts gulf or ocean
  • Clubhouse
  • Plantation Key School Rated A-
  • Concrete Pool
  • 1-minute walk to Sunset Point Park 2

About This Home

As of February 2021

Lovely gated community! The Sunset Hammock Condominiums are one of the hidden secrets of Key Largo. The units are spacious and wonderfully architected. The hardwood hammock and lagoon add a sense of natural serenity to the luxurious lifestyle these units afford. This is a beautifully updated townhome. The main floor features a living room, dining room, gourmet kitchen, a half bath, and two screened in porches, tiled throughout. From the living room porch, you see lovely views of the hardwood hammock and lagoon. The upstairs features a large master bedroom with vaulted ceiling, master bath, and walk-in closet. The second bedroom features a private bath and closet. Each bedroom has its own porch. Both upstairs bathrooms have been remodeled with very tasteful tiling.

Last Agent to Sell the Property

Ralph Harvey

LISTWITHFREEDOM.COM License #3337811 Listed on: 02/18/2020

LISTWITHFREEDOM.COM

Last Buyer's Agent

Lorie Leal

American Caribbean Real Estate, Christie's International Real Estate License #0703307

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,951

Year Built

  • Built in 1982

Lot Details

  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor

HOA Fees

  • $630 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,523 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Carport

Pool

  • Concrete Pool
  • In Ground Pool

Additional Features

  • Screened Patio
  • Central Air

Listing and Financial Details

  • Homestead Exemption
  • No Rentals Allowed
  • Assessor Parcel Number 00088700-000221

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Sunset Hammock Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Tennis Courts

Pet Policy

  • Pet Restriction: 2

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,951

Year Built

Built in 1982

Lot Details

0

HOA Fees

$630 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 630.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Document Count: 3
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • K W Neighborhood: Outside of Key West
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 94.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Other Area Features, Tennis Courts, Community Boat Ramp
  • Pets W Restrictions: 2
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2951.07
  • Vehicle Storage: Attached, Carport
  • Vehicle Storage Cars: 2
  • Year Built: 1982
  • Alternate Key Number: 8675909
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Screened Patio
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1523.00
  • Pool Info Other: Spa, Child Safety
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Walk-in Closet(s)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Microwave, Dryer, Disposal
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Other
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Bay Front, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Stucco
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Other
  • Utilities: Sewer Available

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE,AE,VE,0.2 PCT
  • Parcel Number: 00088700-000221
  • Lot Size: 1X1
  • Land Size: 5 Less Than 10 Acres

Rental Info

  • Rentals Allowed: No

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Feb 16, 2021
Sold by
Meltzer Jay M and Meltzer Ildiko A
Bought by
Miller Henry Lee and Miller Laura
Seller's Agent
Ralph Harvey
MMLS Assoc.-Inactive Member
Buyer's Agent
Lorie Leal
American Caribbean Real Estate
List Price
$537,500
Sold Price
$515,000
Premium/Discount to List
-$22,500
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$412,000
Outstanding Balance
$369,858
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$454,199

Purchase Details

Closed on
Apr 28, 2006
Sold by
Paul Steven S and Paul Jennifer M
Bought by
Meltzer Jay M and Meltzer Ildiko A Mandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 21, 2004
Sold by
Hoffman Brian R and Hoffman Linda T
Bought by
Paul Steven S and Paul Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,600
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 12, 2003
Sold by
Samples Helen A
Bought by
Hoffman Brian R and Hoffman Linda T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
3.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 11, 2000
Sold by
Scanlon Edward J and Scanlon L
Bought by
Samples Edward T and Samples Helen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
8.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2000
Bought by
Meltzer Jay M and Meltzer Idiko A Mandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
8.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 1999
Sold by
Cafro Barbara E
Bought by
Mertens Edward J and Scanlon Laurie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,500
Interest Rate
6.71%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 14, 1999
Bought by
Meltzer Jay M and Meltzer Idiko A Mandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,500
Interest Rate
6.71%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 1, 1996
Bought by
Meltzer Jay M and Meltzer Idiko A Mandy

Purchase Details

Closed on
Apr 1, 1987
Bought by
Meltzer Jay M and Meltzer Idiko A Mandy
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 Type Sale Price Title Company
Warranty Deed $515,000 Attorney
Warranty Deed $630,000 Coral Reef Title Company
Warranty Deed $575,000 Florida Title Of The Keys
Warranty Deed $399,900 Century Title Corporation
Warranty Deed $188,000 --
Warranty Deed $188,000 --
Warranty Deed $168,000 --
Warranty Deed $168,000 --
Warranty Deed $167,500 --
Warranty Deed $148,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,000 New Conventional
Previous Owner $504,000 Fannie Mae Freddie Mac
Previous Owner $457,600 Unknown
Previous Owner $319,920 Unknown
Previous Owner $50,000 Unknown
Previous Owner $150,400 New Conventional
Previous Owner $155,500 Balloon
Closed $79,980 No Value Available
Closed $85,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 For Sale $675,000 +31.1% $443 / Sq Ft
02/22/2021 02/22/21 Sold $515,000 0.0% $338 / Sq Ft
02/22/2021 02/22/21 Sold $515,000 -1.0% $338 / Sq Ft
01/03/2021 01/03/21 Pending -- -- --
01/03/2021 01/03/21 Pending -- -- --
09/11/2020 09/11/20 Price Changed $520,000 0.0% $341 / Sq Ft
09/11/2020 09/11/20 Price Changed $520,000 -3.3% $341 / Sq Ft
03/12/2020 03/12/20 For Sale $537,500 0.0% $353 / Sq Ft
02/18/2020 02/18/20 For Sale $537,500 +16.2% $353 / Sq Ft
07/19/2018 07/19/18 Sold $462,500 -11.9% $304 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $525,000 -- $345 / 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 $5,110 $572,552 -- $572,552
2023 $5,110 $547,798 $0 $547,798
2022 $4,636 $473,533 $0 $473,533
2021 $3,017 $307,199 $0 $307,199
2020 $3,004 $302,958 $0 $302,958
2019 $2,951 $296,147 $0 $296,147
2018 $2,963 $290,626 $0 $0
2017 $2,882 $284,649 $0 $0
2016 $2,929 $281,724 $0 $0
2015 $3,015 $279,766 $0 $0
2014 $3,111 $277,546 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589854

Florida Keys Board of REALTORS®

APN: 00088700-000221