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877 Bay Drive

877 Bay Drive, Summerland Key, FL 33042
House in Lower Keys
877 Bay Drive has been categorized by the local assessors in Summerland Key, FL as a type of property. The building on the property was first built in 1980 and is 46 years old. However, we must point out that the home was most recently renovated and altered in 2018. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 200 stories. In addition, 877 Bay Drive has 1,906 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,010 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 6,565 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a for those who require parking. The garage measured 476 sqft. Residents will have the luxury of enjoying a . Moving on to the building itself. The condition of the building has been evaluated as . Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The building has a style roof made of . The exterior walls of the building are made of . While the interior walls have been made of . As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing . The property was last sold in Dec 17, 2021 for $1,125,000. That's $472.29 per sqft. Prior to that sales transaction, the property was also sold in Nov 7, 2019 for $650,000. 877 Bay Drive was last assessed in 2023. The total value of the property was assessed at $1,130,030. Specifically, the land the property is located on was valued at $676,326. While improvements on the property were assessed at a total of $453,704. 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 $817,285. 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. 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

Attached Garage
Off Street Parking
Open Parking
Garage Parking

Exterior

Concrete Exterior
Stucco Exterior

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20211018
10/18/2021
3 Bed
2 Bath
1152 ft²
$1,200,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1152 ft²
-
-
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
20190228
02/28/2019
3 Bed
2 Bath
1300 ft²
$698,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1300 ft²
-
-
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)


Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 8
  • Basement Area: 778
  • Garage Type: 1
  • Garage Square Area: 476
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,565
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,382
  • Gross Building Area: 2,382
  • Building Area: 1,906
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 14
  • Heated Square Feet: 1,906
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMERLAND COVE ISLES BLK 2, 3
  • Land Acres: 0000000151
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: BK 3 LT 2 SUMMERLAND COVE ISLES BLOCK NO 2 AND 3 PB6-67 SUMMERLAND KEY OR571-720 OR575-998 OR764-1855 OR811-65 OR792-1012 OR1087-2303 OR1223-652 OR1686-2241 OR1686-2229 OR2994-733 OR3144-2140

Neighborhood

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

Zoning

  • Zoning: IS

Geography

  • Account Number: 1261351
  • Parcel: 00198932-004500
  • Block: 2,3
  • Lot: 2
  • Meridian: SEC 36 TWN 66S RNG 28E
  • Municipality: SUMMERLAND KEY
  • Latitude: 24.6539
  • Longitude: -81.444

    Address

  • Full Address: 877 Bay Dr
  • Address - House Number: 877
  • Address - Street Name: Bay
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Summerland Key
  • Carrier Code: R006
  • 4-Digit Zip Code: 4824
  • Zip Code: 33042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $817,285
  • Tax Rate Code Area: 120C

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 1,525,670
  • High Value: 1,877,058
  • Low Value: 1,174,282

    Market Valuation

  • Market Total Value: $1,130,030
  • Market Land Value: $676,326
  • Market Improvement Value: $453,704

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,130,030
  • Assessed Land Value: $676,326
  • Assessed Improvements Value: $453,704

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 22, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2354064
  • Previous Sale Recording Date: Nov 13, 2019
  • Previous Sale Contract Date: Nov 07, 2019
  • Previous Sale Amount: $650,000
  • 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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Frequently Asked Questions

What neighborhood is 877 Bay Drive located in?
The 877 Bay Drive is a house located in the neighborhood of Lower Keys in Monroe, Summerland Key.
What is the average sales price for listings in 877 Bay Drive?
The average sales price for units in 877 Bay Drive is $0 currently.