NOT LISTED FOR SALE

218 Gulf St Islamorada, FL 33036

Estimated Value: $961,000 - $1,120,974

2 Beds
1 Bath
538 Sq Ft
$1,912/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $445,000 $827 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $5,973/month

About This Home

As of August 2020

Duplex for rent immediately in the heart of Islamorada! Each studio apartment has full kitchen and bath and is very spacious. Rent is $1675/month each side and includes water and electric. Also willing to rent out the entire building for $3350/month includes electric and water! Pets are ok with approval and extra deposit of $250. Washer and dryer on property. Looking for year lease. Easy to show and great location!! Background/Credit check $60 application fee.

Last Agent to Rent the Property

Jamie Martin

Coldwell Banker Schmitt Key Largo License #3168809 Listed on: 04/02/2020

Coldwell Banker Schmitt Key Largo

Co-Listed By

Melissa Nowell

Coldwell Banker Schmitt Islamorada License #3202972

Coldwell Banker Schmitt Islamorada

Last Renter's Agent

Melissa Nowell

Century 21 Circle- Islamorada

Townhouse Details

Home Type

  • Townhome

Year Built

  • 1958

Lot Details

  • 6,273

Parking

  • Off-Street Parking

Home Design

  • 538 Sq Ft Home
  • Half Duplex

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Additional Features

  • 1 Full Bathroom
  • Ground Level
  • Cooling System Mounted To A Wall/Window

Community Details

  • Grove Park Subdivision

Listing and Financial Details

  • Security Deposit $1,500
  • 12 Month Lease Term

Townhouse Details

Home Type

Townhome

Year Built

1958

Lot Details

0

Rental Info

  • Furnishings: Unfurnished
  • Last Month's Rent: 1500.00
  • Lease Type: Annual
  • Monthly Rent: 1675.00
  • Security Deposit: 1500.00

Listing Details

  • Property Type: Rental
  • Property Type 2: Half Duplex, Duplex
  • Key Island: Upper Matecumbe Key Islamorada
  • Marathon Neighborhood: N/A
  • Mile Marker: 81.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 20010809200717574625000000
  • State Province: FL
  • Vehicle Storage: Off Street Parking
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s)
  • Porch Balcony: Roof Top Deck
  • Building Style Above Flood: Unknown
  • Fees Pet Fee: Yes
  • Estimated Living Sq Ft: 538.00
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1958

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Refrigerator, Dryer, Washer, Oven, Range
  • Windows/Doors: Other Windows/Doors

Exterior Features

  • Dockage: None
  • Waterfront: No
  • View: None

Utilities

  • Utilities: Sewer Available, FKAA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
Feb 28, 2019
Sold by
Offutt Deborah Mae and Druschel Deborah M
Bought by
Fredericks Russell and Fredericks Richard W
Seller's Agent
Melissa Nowell
Coldwell Banker Schmitt Islamorada
Sold Price
$1,500
Current Estimated Value
$1,028,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,027,244
Avg. Annual Appreciation
13.05%
Original Mortgage
$322,500
Outstanding Balance
$281,800
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$746,944

Purchase Details

Closed on
Aug 10, 2004
Sold by
Sclafani Leonard
Bought by
Druschel Deborah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2000
Sold by
Pr Cecilia D Jones and Sclafani Carmella B
Bought by
Sclafani Leonard R

Purchase Details

Closed on
Feb 1, 1975
Bought by
Druschel Deborah M
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
Fredericks Russell $445,000 Coral Reef Title Company
Druschel Deborah M $425,000 --
Sclafani Leonard R -- --
Druschel Deborah M $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fredericks Russell $322,500
Previous Owner Druschel Deborah M $322,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2020 08/12/20 Rented $1,675 0.0% --
08/11/2020 08/11/20 Under Contract -- -- --
04/08/2020 04/08/20 Price Changed $1,675 +11.7% $3 / Sq Ft
04/02/2020 04/02/20 For Rent $1,500 0.0% --
03/26/2019 03/26/19 Rented $1,500 0.0% --
03/26/2019 03/26/19 For Rent $1,500 0.0% --
02/28/2019 02/28/19 Sold $445,000 -8.2% $414 / Sq Ft View Prior Sale
01/16/2019 01/16/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $485,000 -- $451 / 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
2025 $6,999 $779,690 $564,850 $214,840
2024 $6,776 $729,183 $519,750 $209,433
2023 $6,776 $708,413 $505,313 $203,100
2022 $5,984 $504,713 $298,594 $206,119
2021 $5,431 $362,040 $187,031 $175,009
2020 $5,435 $360,904 $187,031 $173,873
2019 $5,347 $367,519 $183,750 $183,769
2018 $4,980 $337,676 $182,000 $155,676
2017 $4,720 $340,114 $0 $0
2016 $4,606 $305,892 $0 $0
2015 $4,252 $262,452 $0 $0
2014 $3,891 $206,784 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jamie Martin

    Landlord's Agent in 2020

    Jamie Martin

    Coldwell Banker Schmitt Key Largo

    (305) 924-2351

    2 in this area

    29 Total Sales

    Jamie Martin
    Section Image

  • M

    Landlord's Co-Listing Agent in 2020

    Melissa Nowell

    Coldwell Banker Schmitt Islamorada

    (305) 662-7325

    27 in this area

    50 Total Sales

    Melissa Nowell
    Section Image

  • A

    Seller's Agent in 2019

    Angie Pridgen

    Century 21 Circle- Islamorada

    Section Image
  • Randy Selden

    Seller Co-Listing Agent in 2019

    Randy Selden

    Century 21 Circle- Islamorada

    (305) 481-6732

    6 in this area

    12 Total Sales

    Randy Selden
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590456

Florida Keys Board of REALTORS®

APN: 00398330-000000

Florida Monroe County Islamorada 33036

218 Gulf St, Islamorada, FL

Not Listed for Sale

Townhouses

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