See Home Value
Duck Key 33050
306 Cypress Street
$4,051,630*
House - Off Market

306 Cypress Street

Duck Key, FL 33050
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2768 Sqft
$3,240,000 - $3,960,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Dec 29, 2021
$3,375,000
$2,875,000 by First National Bank Of Scotia
Mortgage
Sold Oct 10, 2003
$2,000,000
$1,600,000 by Wachovia Mortgage Corp
Mortgage Due Nov 01, 2033

About This Property

Approximately 140' of deep water dockage at this Oceanfront 4 BR 4 BA Pool home set on a 30,000 sq. ft lot on prestigious Yacht Club Island, Duck Key. As you enter into the spacious Great Room a wall of glass greets you boasting picture perfect ocean views from every angle. Days are enjoyed lounging by the oceanfront Pool or out on the water where world-class fishing &  diving are just minutes away. Lots of room to dock multiple boats at the concrete dock or on one of the two lifts. This is one of the few areas where large inboard boats can be accommodated.  Guests will appreciate the private 1 BR Guest Suite downstairs.  Plenty of room for all of your gear in the spacious 2-Car attached Garage.

The manager has listed the unit size as 2768 square feet.
Unit Size
2,768Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$1,301
Property Type
House
Property Taxes
$796
HOA Dues
-
Year Built
1971

Price History

Date / Event Date Event Price
Dec 29, 2021 Sold $3,375,000
Sold
Oct 21, 2021 No longer available -
No longer available
Oct 6, 2021 Relisted $3,600,000
Relisted
Oct 2, 2021 No longer available -
No longer available
Jul 29, 2021 Price Decreased $3,600,000
↓ $150K (4%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 850
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 29,484
  • Total Building Area: 3,618
  • Gross Building Area: 3,618
  • Building Area: 2,768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,768
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: YACHT CLUB ISLAND
  • Land Acres: 0.677
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BK 1 SLY 1/2 LOT 59 AND ALL LOTS 60-62 DUCK KEY YACHT CLUB ISLAND SEC 4 TOMS HARBOR PB5-82 OR445-896 OR477-653 OR977-1038 OR1682-89 OR1940-918 OR3145-1855

Ownership

  • Current Owner : JAMROCK LEASING LLC
  • Previous Owner : THOMPSON MICHAEL N
  • Previous Owner 2: THOMPSON SUSAN H
  • Owner Before Previous Owner: LINDENGREN GLEN R
  • Owner Before Previous Owner 2: LINDENGREN GEORGIA N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 971002

Zoning

  • Zoning: IS-M

Geography

  • Account Number: 1468428
  • Section: 4
  • Parcel: 00384740-000000
  • Block: 1
  • Lot: 59-62
  • Meridian: SEC 16 TWN 65S RNG 34E
  • Municipality: DUCK KEY LESS INDIES ISLAND PL
  • Latitude: 24.7738
  • Longitude: -80.9081

    Address

  • Full Address: 306 Cypress St
  • Address - House Number: 306
  • Address - Street Name: Cypress
  • Address - Suffix Type: St
  • State: FL
  • City Name: Marathon
  • Carrier Code: R001
  • 4-Digit Zip Code: 3806
  • Zip Code: 33050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,918
  • Tax Rate Code Area: 500D

    Appraisal Valuation

  • Standard Deviation: 0.2185
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 4,701,847
  • High Value: 5,729,604
  • Low Value: 3,674,090

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,875,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF SCOTIA
  • First Open Lien Mortgage Recording Date: Dec 29, 2021
  • First Open Lien Mortgage Loan Amount: $2,875,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $3,442,487
  • Market Land Value: $2,632,358
  • Market Improvement Value: $810,129

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,898,011

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Transaction ID: 11876138635
  • Current Sale Price: $3,375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2354597
  • Previous Sale Recording Date: Oct 10, 2003
  • Previous Sale Contract Date: Oct 10, 2003
  • Previous Sale Amount: $2,000,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OF SCOTIA
  • First Mortgage Transaction Date: Dec 29, 2021
  • First Mortgage Loan Amount: $2,875,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 10, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Nov 01, 2033



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
2,200 ft²
$1,361/ft²
$2,995,000 Jun 29, 2022
-
$300/mo
House
5 Beds
5 Baths
4,788 ft²
$815/ft²
$3,900,000 Jul 20, 2022
-
$1,515/mo

About Duck Key


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Nearby Rentals



Frequently Asked Questions

When was property at 306 Cypress Street built and last sold?
The property at 306 Cypress Street was built in 1971 and last sold on Dec 15, 2021 for $3,375,000.
How much is this home worth?
The estimated value of the home located at 306 Cypress Street is $3,633,577.
What are some comparable homes to 306 Cypress Street?
There are currently no comparable homes to 306 Cypress Street.

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