NOT LISTED FOR SALE

973 Flagship Dr Summerland Key, FL 33042

Estimated Value: $2,808,000 - $3,321,000

0.46 Acre
$6,608,587 Price per Acre
10,080 Sq Ft Lot

Sale Details

Date Sold: August 14, 2017

Last sale price $295,000

Est. 937% increase in value since last sale

Current estimated payment $18,254 / mo

204 Days on Market

About This Lot

As of August 2017

ACTIVE BUILDING PERMIT -- here's an opportunity to build your dream home in one of the Keys' finest areas with exceptional boating and multi-million dollar homes on the street. Some open water views may be possible looking through the private boat basin across Flagship Dr. Flow-through canal offers excellent boat access for incredible fishing and diving in the Lower Keys.

Last Agent to Sell the Property

Patti Nickless and Associates

Coldwell Banker Schmitt RE Co. License #0000000 Listed on: 12/08/2016

Last Buyer's Agent

Chris Rady

Internet Realty of the Florida Keys License #3019994

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,958

Lot Details

  • 10,080 Sq Ft Lot
  • Lot Dimensions are 80 x 126
  • Home fronts a canal
  • Cleared Lot
  • Property is zoned IS - Improved Subivision District

Property Views

  • Canal Views

Community Details

  • Summerland Cove Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00198931-003200

Property Details

Property Type

Land

Est. Annual Taxes

$1,958

Lot Details

10,080 Sq Ft Lot

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Summerland Key
  • Limited Representation: No
  • Mile Marker: 25.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1957.85
  • Title: Negotiable
  • Alternate Key Number: 1260843
  • Lot Sq Ft: 10080.00
  • Species List: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Location Site: Paved Street, Cleared Site, Water Frontage
  • Lot Dimensions: 80 X 126
  • Miscellaneous Info Mobile Home Lot: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: Canal Front, None
  • Waterfront: Yes
  • Waterview: Canal View, Open Water View

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00198931-003200
  • Land Size: Less Than 1/4 Acre
  • Building Permit: Active Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Sand Dollar Acquisitions Llc
Bought by
Westlund Roger D and Westlund Kathryn M
Current Estimated Value
$3,059,776

Purchase Details

Listed on
Dec 8, 2016
Closed on
Aug 11, 2017
Sold by
1005 Flagship Dr Llc
Bought by
Sand Dollar Acquisitions Llc
Seller's Agent
Patti Nickless and Associates
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Chris Rady
Internet Realty of the Florida Keys
List Price
$349,000
Sold Price
$295,000
Premium/Discount to List
-$54,000
-15.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.97%

Purchase Details

Closed on
Mar 12, 2015
Sold by
Schembre Kerry and Schembre Christian
Bought by
1005 Flagship Drive Llc

Purchase Details

Closed on
Dec 18, 2012
Sold by
Sorknes Gunnar and Andreasson Bitte
Bought by
Schembre Kerry and Schembre Christian

Purchase Details

Closed on
Dec 19, 2006
Sold by
Sorknes Gunnar and Andreasson Bitte
Bought by
Sorknes Gunnar and Andreasson Bitte

Purchase Details

Closed on
Jan 3, 1996
Sold by
Cassidy Joan I
Bought by
Sorknes Gunnar and Andreasson Bitte

Purchase Details

Closed on
Sep 1, 1981
Bought by
1005 Flagship 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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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
Westlund Roger D $3,000,000 None Listed On Document
Sand Dollar Acquisitions Llc $295,000 Attorney
1005 Flagship Drive Llc $216,000 Americas Choice Title Co
Schembre Kerry $215,000 True Title Agency Inc
Sorknes Gunnar -- Attorney
Sorknes Gunnar $110,000 --
1005 Flagship Drive Llc $6,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2017 08/14/17 Sold $295,000 -15.5% --
06/30/2017 06/30/17 Pending -- -- --
12/08/2016 12/08/16 For Sale $349,000 -- --
Source: Florida Keys Board of REALTORS®

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 $23,042 $2,285,648 -- --
2024 $5,337 $3,399,501 $1,665,216 $1,734,285
2023 $5,337 $866,021 $865,318 $703
2022 $4,263 $577,618 $576,878 $740
2021 $3,831 $420,055 $419,278 $777
2020 $3,571 $387,382 $386,568 $814
2019 $3,395 $366,604 $365,753 $851
2018 $2,484 $260,366 $260,366 $0
2017 $2,343 $296,352 $0 $0
2016 $1,958 $200,737 $0 $0
2015 $2,415 $278,919 $0 $0
2014 -- $198,624 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Patti Nickless and Associates

    Coldwell Banker Schmitt RE Co.

  • C

    Buyer's Agent in 2017

    Chris Rady

    Internet Realty of the Florida Keys

    (305) 304-6348

    18 Total Sales

    Chris Rady
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573124

Florida Keys Board of REALTORS®

APN: 00198931-003200

Florida Monroe County Summerland Key 33042

973 Flagship Dr, Summerland Key, FL

Not Listed for Sale

Lots

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