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1141 Ocean Drive

1141 Ocean Drive, Summerland Key, FL 33042
House in Lower Keys
Local assessors in Summerland Key, FL have categorized 1141 Ocean Drive as a type of property. The home was built in 2005 and is 21 years old. It was most recently renovated and altered in 2016. The property's lot size has been calculated to be 18,500 square feet. The linear feet between the front and back of the lot was measured at 3,050 ft and the front of the lot was measured at 600 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 300 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1141 Ocean Drive has a total of 3,600 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a that is 179 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. The garage on the property is 734 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a and a so you'll have great options in both the front and back of the home. In addition, there is a on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is . It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - . The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. While the walls in the interior have been made of . As for flooring, was the material of choice during construction. Residents rely on for their cooling system. The home's is the primary heating source and it is being fueled with . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1141 Ocean Drive sold most recently in May 20, 2022 for a total of $3,995,000. If you work out the math, that's approximately a cost of $921.78 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,653,586 in taxes each year. 1141 Ocean Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,215,317. If we break it down further, the land itself was valued at $1,546,970. Improvements to the property, however, were assessed at a total of $1,668,347. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Concrete Exterior

Parking

Carport
Off Street Parking
Open Parking

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220402
04/02/2022
5 Bed
5 Bath
3411 ft²
$4,500,000
bedrooms
5 Bed
bathrooms
5 Bath
square feet
3411 ft²
-
-
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)


Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 6
  • Roof Cover Type: 14
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 2
  • Basement Area: 179
  • Garage Type: 1
  • Garage Square Area: 734
  • Parking Space Count: 3
  • Patio Type: 16
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 18,500
  • Lot Size Depth Feet: 3,050
  • Lot Size Frontage Feet: 600
  • Total Building Area: 4,334
  • Gross Building Area: 4,334
  • Building Area: 3,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,600
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMERLAND BEACH ADD NO 2
  • Land Acres: 0000000425
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: BK 1 LT 8 SUMMERLAND BCH ADDN 2 SUMMERLAND KEY PB3-21 G72-227/28 OR1013-76D/C OR1013-1252 OR1013-1256AFF OR1044-932C OR1427-2237/38 OR1826-2076 OR2039-596/98 OR2542-2240 OR2817-788D/C OR3007-0697 OR3175-1483

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 971502

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 7-36
  • Account Number: 1258857
  • Parcel: 00197210-000000
  • Block: 1
  • Lot: 8
  • Meridian: SEC 01 TWN 67S RNG 28E
  • Municipality: SUMMERLAND KEY
  • Latitude: 24.6463
  • Longitude: -81.4412

    Address

  • Full Address: 1141 Ocean Dr
  • Address - House Number: 1141
  • Address - Street Name: Ocean
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Summerland Key
  • Carrier Code: R006
  • 4-Digit Zip Code: 4507
  • Zip Code: 33042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,653,586
  • Tax Rate Code Area: 120C

    Appraisal Valuation

  • Standard Deviation: 0.2155
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 4,259,207
  • High Value: 5,177,455
  • Low Value: 3,340,959

    Market Valuation

  • Market Total Value: $3,215,317
  • Market Land Value: $1,546,970
  • Market Improvement Value: $1,668,347

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,215,317
  • Assessed Land Value: $1,546,970
  • Assessed Improvements Value: $1,668,347

    Sales

  • Current Sale Contract Date: May 20, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2376948
  • Previous Sale Recording Date: Feb 04, 2020
  • Previous Sale Contract Date: Jan 24, 2020
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Monroe



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Nearby Rentals

Unit for rent at 280 Airport Drive S, Summerland Key, FL, 33042

$7,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,068 ft²
280 Airport Drive S, Summerland Key, FL, 33042 Listing by Lisa Guirguis

Frequently Asked Questions

What neighborhood is 1141 Ocean Drive located in?
The 1141 Ocean Drive is a house located in the neighborhood of Lower Keys in Monroe, Summerland Key.
What is the average sales price for listings in 1141 Ocean Drive?
The average sales price for units in 1141 Ocean Drive is $0 currently.