NOT LISTED FOR SALE

Estimated Value: $557,144 - $1,169,000

0.39 Acre
$1,992,392 Price per Acre
16,901 Sq Ft Lot

Last Sold December 19, 2024

Last sale price $550,000

Est. 41% increase in value since last sale

Current estimated payment $4,342/month

273 Days on Market

About This Lot

As of December 2024

Shark Key is one of the most stunning waterfront communities in the Florida Keys. View the pristine crystal gulf waters from every room and enjoy the tranquility of the marine sanctuary every day at your doorstep. A rare affordable waterfront Lot overlooks the beautiful Gulf of Mexico Waters. $599,000 for over 16,000 Sq. Ft. of land, the property is large enough for a substantially-sized home. The community also offers a waterfront clubhouse, white sandy beach, pristine tennis courts, gated security and completely landscaped with stunning tropical vegetation. About a 10 minute drive to Key West, at mile marker 11, you can have the best of both worlds, living on the serene waterfront island Of Shark Key with the action of Key West just 10 minutes away.

Last Agent to Sell the Property

Suzanne Moore

Suzanne Moore Real Estate License #3185298 Listed on: 03/18/2024

Last Buyer's Agent

outside of mls

Outside Of MLS

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Shark Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 11.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Beach, Tennis Courts
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3213.07
  • Title: Negotiable
  • Alternate Key Number: 8737319
  • Lot Sq Ft: 16900.00
  • First Right of Refusal: No
  • Association Maintenance Fee Per: Monthly
  • Maintenance Fee: 400.00
  • Mandatory HOA: Yes
  • Existing Utilities: Sewer, None
  • Location Site: Water Frontage, Cleared Site, Mangrove, Cul-de-Sac
  • Miscellaneous Info Mobile Home Lot: No
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Security: Electric Gate

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00159252-007200
  • Land Size: 1/4 - 1/2 Acre
  • Building Permit: No Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Dec 20, 2024
Sold by
Vista Lifestyles Llc
Bought by
Gallion Richard
Seller's Agent
Suzanne Moore
Suzanne Moore Real Estate
Buyer's Agent
outside of mls
Outside Of MLS
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Views
86
Current Estimated Value
$773,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,048
Avg. Annual Appreciation
37.46%
Original Mortgage
$412,500
Outstanding Balance
$397,613
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$375,435

Purchase Details

Closed on
Jan 4, 2016
Sold by
Caymon Llc
Bought by
Vista Lifestyles Llc

Purchase Details

Closed on
Dec 30, 2015
Sold by
Shark Key Development Corporation
Bought by
Caymon 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
Gallion Richard $550,000 None Listed On Document
Gallion Richard $550,000 None Listed On Document
Vista Lifestyles Llc $193,400 Attorney
Caymon Llc $145,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallion Richard $412,500
Closed Gallion Richard $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2024 12/19/24 Sold $550,000 -8.2% --
03/18/2024 03/18/24 For Sale $599,000 -- --
Source: Key West Association 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 $3,592 $531,209 $531,209 --
2024 $3,213 $481,016 $481,016 --
2023 $3,213 $414,092 $414,092 $0
2022 $3,230 $476,834 $476,834 $0
2021 $2,735 $301,158 $301,158 $0
2020 $2,506 $271,879 $271,879 $0
2019 $2,939 $364,744 $364,744 $0
2018 $2,954 $393,348 $393,348 $0
2017 $2,273 $240,149 $0 $0
2016 $2,329 $238,752 $0 $0
2015 $2,156 $289,149 $0 $0
2014 $1,973 $244,351 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Key West Association of REALTORS®

MLS Number: 609328

Key West Association of REALTORS®

APN: 00159252-007200