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948 Gulf Drive

948 Gulf Drive, Summerland Key, FL 33042
House in Lower Keys
948 Gulf 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 2000 and is 26 years old. However, we must point out that the home was most recently renovated and altered in 2021. 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 300 stories. In addition, 948 Gulf Drive has 2,010 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 750 ft. The area measurement of the land has been determined as 7,575 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 392 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a and a . Moving on to the building itself. The condition of the building has been evaluated as . 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 . 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, 948 Gulf Drive sold most recently in May 25, 2023 for a total of $2,175,000. If you work out the math, that's approximately a cost of $905.50 per sqft. Before that, the property was also sold for $725,000 in May 27, 2015. 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 $936,964 in taxes each year. 948 Gulf Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,362,994. If we break it down further, the land itself was valued at $765,075. Improvements to the property, however, were assessed at a total of $597,919. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230412
04/12/2023
3 Bed
3 Bath
2010 ft²
$2,200,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2010 ft²
-
-
Lisa Ferringo
Coldwell Banker Schmitt RE Co. Lower Keys Office


Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 15
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 392
  • Parking Space Count: 1
  • Patio Type: 11
  • Porch Type: 63
  • Pool Type: 0
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 7,575
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,402
  • Gross Building Area: 2,402
  • Building Area: 2,010
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 14
  • Heated Square Feet: 2,010
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMERLAND COVER ISLES BLK 4
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LT 18 SUMMERLAND COVE ISLES - BLOCK NO 4 PB6-64 SUMMERLAND KEY OR499-671 OR891-549 OR1591-1855 OR1659-2403 OR1803-1505 OR2225-719 OR2742-2358 OR3227-1076

Neighborhood

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

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 7-36
  • Account Number: 1261998
  • Parcel: 00198934-001800
  • Block: 4
  • Lot: 18
  • Meridian: SEC 36 TWN 66S RNG 28E
  • Municipality: SUMMERLAND KEY
  • Latitude: 24.6529
  • Longitude: -81.4432

    Address

  • Full Address: 948 Gulf Dr
  • Address - House Number: 948
  • Address - Street Name: Gulf
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Summerland Key
  • Carrier Code: R006
  • 4-Digit Zip Code: 4838
  • Zip Code: 33042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $936,964
  • Tax Rate Code Area: 120C

    Appraisal Valuation

  • Standard Deviation: 0.0881
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 92
  • Final Value: 2,289,680
  • High Value: 2,491,499
  • Low Value: 2,087,861

    Market Valuation

  • Market Total Value: $1,362,994
  • Market Land Value: $765,075
  • Market Improvement Value: $597,919

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,362,994
  • Assessed Land Value: $765,075
  • Assessed Improvements Value: $597,919

    Sales

  • Current Sale Contract Date: May 25, 2023
  • Current Sale Recording Date: May 30, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2419695
  • Previous Sale Recording Date: May 29, 2015
  • Previous Sale Contract Date: May 27, 2015
  • Previous Sale Amount: $725,000
  • 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 948 Gulf Drive located in?
The 948 Gulf Drive is a house located in the neighborhood of Lower Keys in Monroe, Summerland Key.
What is the average sales price for listings in 948 Gulf Drive?
The average sales price for units in 948 Gulf Drive is $0 currently.