NOT LISTED FOR SALE

999 Flagship Dr Summerland Key, FL 33042

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

3 Beds
4 Baths
3,531 Sq Ft
$867/Sq Ft Est. Value

Sale Details

Date Sold: June 5, 2024

Last sale price $3,000,000 $850 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $18,142 / mo

109 Days on Market

Highlights

  • Airstrip
  • Dock made with concrete
  • 20,160 Sq Ft lot
  • Ocean View
  • Concrete Pool
  • Home fronts a canal

About This Home

As of June 2024

Coastal Island living at its best. Architecturally striking, CBS home. You can see for miles and miles from the large observation deck with a concrete bar & fire pit! This home drinks in outdoor living & entertaining. Designed for year round sunset views. Featuring a gourmet kitchen: granite counters, custom cabinetry, Sub Zero/ Wolf appliances. Center island has a stunning black walnut top, with copper sink. Huge glass doors from kitchen open onto the pool deck. Dramatic elevated infinity edge pool sits 16 feet in the air & is engulfed by 4 corners of water spouts and fire features. Spa spills into pool. At pool bar and covered lanai area is a fabulous gas fireplace. Patio bar has black walnut top, sink, appliances. The back wall of bar is reclaimed pecky cypress. A convenient full bath is by the pool & bar. Sunsets & water views, relax & enjoy by the pool deck, lanai, observation deck or sunset room. Well appointed Master Bedroom, two walk-in closets, grandiose master bath: two vanities, sumptuous tub, walk in shower and an outdoor shower! Off the master suite is the Sunset area sitting room with white-washed ceilings & a wet bar; add a pool table & it's a game room. Two more bedrooms, ensuite with full baths. Natural light streams in through the top of the line huge impact windows & doors. Grand staircase has custom black walnut treads. 130 feet concrete dock spans the lots. Protected deep water dockage. Immediate access to the Ocean, world-class offshore fishing & diving. Another modern feature is it's Smart Home ready. The home is equipped with an elevator. Parking vehicles under the home provides direct access to the elevator. Storage room with ample space. Plenty of room for parking on this large property. Underground LP gas tank. Quality concrete construction. A custom residence, just a stone's throw from the Ocean. Perfect for those seeking splendor & luxury and move-in ready!

Last Agent to Sell the Property

Lee Sanders

Keyisle Realty License #619961 Listed on: 01/04/2024

Co-Listed By

Sunnie San Lorenzo

Keyisle Realty License #527054

Last Buyer's Agent

Lee Sanders SanLorenzo

Century 21 Global Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,336

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 20,160 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Parking

  • Carport

Property Views

  • Ocean
  • Canal

Home Design

  • Widow's Walk
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,531 Sq Ft Home
  • Elevator
  • Wet Bar
  • Partially Furnished
  • Bar
  • Tray Ceiling
  • Fireplace
  • Storage
  • Utility Room
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Dock made with concrete
  • Balcony
  • Deck
  • Patio
  • Lanai
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Propane
  • Tankless Water Heater
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Summerland Cove Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00198931-003200

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,336

Year Built

Built in 2024 | Under Construction

Lot Details

0.46 Acres

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 5336.00
  • Title: Negotiable
  • Vehicle Storage: Carport
  • Year Built: 2024
  • Alternate Key Number: 1260843
  • Cooling Heating: Central Air
  • Lot Sq Ft: 20160.00
  • Pool Info: Concrete
  • Porch Balcony: Open Porch/Balcony, Deck, Patio, Widow's Walk, Roof Top Deck
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3531.00
  • Pool Info Other Surroundings: Pool at deck height
  • Pre Wired Other: Smart Home ready
  • G F Interior Features: Tankless Hot Wtr Htr
  • Property Condition: Under Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Granite Counter Top, Tray Ceilings, Bar, Walk-in Closet(s), Storage, Smoke Alarms, Elevator, Split Bedroom
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: More Appliances, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Oven, Range, Refrigerator, Dishwasher, Dryer, Washer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Sq Ft Remarks: There is 3034 Square feet of outdoor living: decks, lanai, porches & bar area

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Stucco
  • Exterior Features: Bar, Storage, Outdoor Shower, Lanai, Hot Tub, Rain Gutters
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Propane, Municipal Sewer
  • Heating: Central, Fireplace(s)

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00198931-003200
  • Land Size: More than 1 Lot

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Partially

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
May 30, 2024
Sold by
Sand Dollar Acquisitions Llc
Bought by
Westlund Roger D and Westlund Kathryn M
Seller's Agent
Lee Sanders
Keyisle Realty
Buyer's Agent
Lee Sanders SanLorenzo
Century 21 Global Properties
List Price
$5,499,000
Sold Price
$3,000,000
Premium/Discount to List
-$2,499,000
-45.44%
Views
49
Current Estimated Value
$3,059,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,776
Avg. Annual Appreciation
1.08%

Purchase Details

Closed on
Aug 11, 2017
Sold by
1005 Flagship Dr Llc
Bought by
Sand Dollar Acquisitions Llc

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
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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
06/05/2024 06/05/24 Sold $3,000,000 -38.8% $850 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $4,900,000 -7.5% $1,388 / Sq Ft
01/22/2024 01/22/24 Price Changed $5,299,000 -3.6% $1,501 / Sq Ft
01/04/2024 01/04/24 For Sale $5,499,000 -- $1,557 / Sq Ft
Source: Marathon and Lower Keys Association 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

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608026

APN: 00198931-003200

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