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$780,000   Price Analysis
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87 N Lake Dr
Summerland Key, FL 33042
2 bed 1 bath 1,024 SqFt ($761/SqFt)
6,000SqFt lot. Built 1976
Listed 2023-12-30, Taxes $1,203
Ⓧ USDA Ineligible
due to price & location

near Summerland Key

Darling Keys home on prime waterfront: 60' of concrete seawall on a deep water 60' wide canal - plenty of room for larger

Deeper draft boats! This charming Keys home on coveted Summerland Key offers tw o generous sized bedrooms plus a bonus room (tremendous nursery or office space!), with a full bathroom upstairs, plus plenty of room to expand onto the covered front porch to add a primary suite bathroom. Enjoy the ease of cooking your fresh catch in a gorgeous remodeled kitchen: brand new cabinets, graphite steel appliances and large quartz island with seating and a wine fridge! The large downstairs enclosure offers a fabulous space to relax, store your boating gear and host fun get togethers! Ample yard space for outdoor fun and even room for a pool! Nighborhood boat ramp and green space, airport privileges available for additional fee.

No HOA! Transferable flood insurance of $424/year, permitted roof replacement in 2018, plus Survey and Elevation Certificate on-hand for added savings! FHA Assumable Loan at 2.625%! Inquire today! Low Insurances: $424 flood, $3244 wind, $598 home.


Presented by Lindsay Ryan at
EXP Realty, LLC.
Listing Agent Photo

Property MLS #607968 from Marathon

Bedrooms: 2

Total Bathrooms: 1.00
Full Bathrooms: 1

Quartz Countertops
Storage
Furnished Description: Unfurnished
Flooring: Laminate, Vinyl, Tile
Window Features: French Doors, Sliding Glass Doors

Dishwasher
Wine Cooler
Oven
Stainless Steel Appliance(s)
Refrigerator
Range

Cooling Features: Ceiling Fans(s), Ductless

Fencing
Storage
Fruit Tree(s)
Porch Description: Open Porch/Balcony, Screened P/B

Canal Front

Lot Size Acres: 0.137741
Lot Size Square Feet: 6000

Garage Description: Open Parking

View: Canal View

Association: No
Calculated Total Monthly Association Fees: 0
Pet Description: Pets Allowed

Community Features: Airstrip, Community Boat Ramp

Annual Tax Amount: 3287.96
Source Listing Status: Active
County: Monroe
Tax Year: 2022
Source Property Type: Residential - Single Family
Area: 08 - Summerland Key
Source Neighborhood: Summerland Key Cove (25.0)
Parcel Number: 00189210-000000
Subdivision: Summerland Key Cove (25.0)
Zoning: IS - Improved Subivision
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$137,385
$1,203
2021$unknown + $unknown
$124,895
$1,196
2020$unknown + $unknown
$113,541
$1,128
2019$unknown + $unknown
$103,219
$1,032
2018$unknown + $unknown
$93,836
$1,018
2017$unknown + $120,000
$120,000
$923
2016$unknown + $102,000
$102,000
$841
2015$unknown + $70,500
$70,500
$712
2014$unknown + $unknown
$39,930
$532
2013$unknown + $unknown
$36,300
$428
2012$unknown + $unknown
$33,000
$390
2011$unknown + $unknown
$30,000
$325
2010$unknown + $unknown
$39,000
$435
2009$unknown + $unknown
$39,000
$389
2008$unknown + $unknown
$75,000
$635
2007$unknown + $unknown
$90,000
$697

Price Changed 2024-05-21
$780,000
Marathon
Price Changed 2024-05-09
$795,000
Marathon
Price Changed 2024-04-19
$815,000
Marathon
Price Changed 2024-03-26
$830,000
Marathon
Listed 2023-12-30
$845,000
Marathon
Sold 2014-04-09
$389,000
Public Record
Sold 2002-10-24
$280,000
Public Record

Total Square Feet Living: 1024
Year Built: 1976
Construction Materials: Frame
Living Area Source: Property Data Card
Property Age: 48
Property Condition: Updated/Remodeled
Roof: Shingle Roof

Disabled Access: No

Buyer to Verify
Community Swr Plant
FKAA
Cable Available

Sugarloaf School is a public elementary and middle school located approximately 5.5 miles away.
directions icon Map directions

Key West High School is a public middle and high school located approximately 22.2 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.