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1171 Ocean Drive

1171 Ocean Drive, Summerland Key, FL 33042
House in Lower Keys
Local assessors in Summerland Key, FL have categorized 1171 Ocean Drive as a type of property. The home was built in 1970 and is 56 years old. It was most recently renovated and altered in 2015. The property's lot size has been calculated to be 29,500 square feet. The linear feet between the front and back of the lot was measured at 3,000 ft and the front of the lot was measured at 900 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, 3 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 200 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 1171 Ocean Drive has a total of 4,240 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 841 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 . The property was last sold in Aug 14, 2020 for $1,900,000. That's $448.11 per sqft. Prior to that sales transaction, the property was also sold in Aug 14, 2020 for $1,900,000. 1171 Ocean Drive was last assessed in 2023. The total value of the property was assessed at $2,662,689. Specifically, the land the property is located on was valued at $1,866,760. While improvements on the property were assessed at a total of $795,929. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,593,490. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Off Street Parking
Open Parking
RV Parking
Detached Garage
Guest Parking

Exterior

Concrete Exterior

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20200505
05/05/2020
3 Bed
3 Bath
2575 ft²
$1,999,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2575 ft²
-
-
-
20190217
02/17/2019
3 Bed
3 Bath
2575 ft²
$2,200,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2575 ft²
-
-
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
20170729
07/29/2017
3 Bed
3 Bath
2575 ft²
-
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2575 ft²
-
-
-


Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 841
  • Parking Space Count: 3
  • Patio Type: 118
  • Porch Type: 35
  • Pool Type: 8
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 29,500
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 900
  • Total Building Area: 4,240
  • Gross Building Area: 4,240
  • Building Area: 4,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,240
  • 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: 0000000677
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: BK 1 E 30FT LT 4 AND ALL OF LT 5 SUMMERLAND BCH ADDN NO 2 PB3-21 SUMMERLAND KEY OR426-130 R439-35E OR614-203Q OR732-420 OR774-1996-1997 OR920-1267/MERGE OR995-2448/49L/T OR1101-461/495WILL OR1101-496 OR1157-1721 OR1460-1404/05/POA OR1460-1406 OR1809-

Neighborhood

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

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 7-36
  • Account Number: 1258831
  • Parcel: 00197190-000000
  • Block: 1
  • Lot: 4,5
  • Meridian: SEC 01 TWN 67S RNG 28E
  • Municipality: SUMMERLAND KEY
  • Latitude: 24.6461
  • Longitude: -81.4418

    Address

  • Full Address: 1171 Ocean Dr
  • Address - House Number: 1171
  • 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: $1,593,490
  • Tax Rate Code Area: 120C

    Appraisal Valuation

  • Standard Deviation: 0.2139
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 3,552,669
  • High Value: 4,312,884
  • Low Value: 2,792,453

    Market Valuation

  • Market Total Value: $2,662,689
  • Market Land Value: $1,866,760
  • Market Improvement Value: $795,929

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,662,689
  • Assessed Land Value: $1,866,760
  • Assessed Improvements Value: $795,929

    Sales

  • Current Sale Contract Date: Aug 14, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2278207
  • Previous Sale Recording Date: Aug 20, 2020
  • Previous Sale Contract Date: Aug 14, 2020
  • Previous Sale Amount: $1,900,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Monroe



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Frequently Asked Questions

What neighborhood is 1171 Ocean Drive located in?
The 1171 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 1171 Ocean Drive?
The average sales price for units in 1171 Ocean Drive is $0 currently.