Quaint island cottage in Summerland Key. Affordable completely updated, 2BR/2B, Large living space with vaulted ceilings. Great outdoor space, storage shed, outdoor shower, tons of parking and RV hookup. Plenty of room for a pool and all your toys. Community boat ramp and property backs to wet lands for privacy. Just 25 minutes to Key West!
Sold for $580,000
$580,000
24950 Palm Ln, Summerland Key, FL 33042
2beds
1,040sqft
Single Family Residence
Built in 1968
6,098.4 Square Feet Lot
$592,100 Zestimate®
$558/sqft
$4,866 Estimated rent
Home value
$592,100
$539,000 - $651,000
$4,866/mo
Zestimate® history
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$3,477/mo
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Zillow last checked:
Listing updated:
Listed by:
Michelle Howerton 305-849-8794,
Brenda Donnelly Real Estate LLC,
William Lee Howerton 240-375-6379,
Brenda Donnelly Real Estate LLC
Bought with:
Sarah Bixby, 3436015
eXp Realty LLC
Source: FLKMLS,MLS#: 611522
Originating MLS: Key West Association
Originating MLS: Key West AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Wall/Window Unit(s), Ceiling Fans(s)
Appliances
- Included: Dishwasher, Stainless Steel Appliance(s), Microwave, Range, Refrigerator
- Laundry: Laundry Room
Features
- Storage, Walk-In Closet(s)
- Flooring: Vinyl
- Windows: Accordion
Interior area
- Total interior livable area: 1,040 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Trailer Storage
Accessibility
- Accessibility features: No, Parking
Features
- Levels: Ground Level
- Patio & porch: Patio
- Exterior features: Outdoor Shower
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 6,098 sqft
- Features: Less Than 1/4 Acre
Details
- Additional structures: Shed(s)
- Parcel number: 00200510000000
- Zoning: IS
- Zoning description: Improved Subivision District
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Municipal Sewer
- Utilities for property: FKAA, Buyer to Verify
Community & neighborhood
Location
- Region: Summerland Key
- Subdivision: Summerland Key Gard (25.0)
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing terms: Cash,FHA,VA Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2024 | Sold | $580,000-3.2%$558/sqft |
Source:  FLKMLS #611522 Report a problem | ||
| 10/15/2024 | Contingent | $599,000$576/sqft |
Source: FLKMLS #611522 Report a problem | ||
| 10/6/2024 | Price change | $599,000-4.2%$576/sqft |
Source: FLKMLS #611522 Report a problem | ||
| 9/20/2024 | Listed for sale | $625,000+224.7%$601/sqft |
Source: FLKMLS #611522 Report a problem | ||
| 6/15/2020 | Sold | $192,500-10.5%$185/sqft |
Source: FLKMLS #590203 Report a problem | ||
| 3/10/2020 | Listed for sale | $215,000+90.3%$207/sqft |
Source: Coldwell Banker Schmitt RE Co. Lower Keys Office #590203 Report a problem | ||
| 8/3/2010 | Sold | $113,000-51.7%$109/sqft |
Source: Public Record Report a problem | ||
| 4/30/2009 | Listing removed | $234,000$225/sqft |
Source: Coldwell Banker** #545242 Report a problem | ||
| 3/22/2009 | Listed for sale | $234,000$225/sqft |
Source: Coldwell Banker** #545242 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,917 +26.3% | $467,211 +50.9% |
| 2024 | $3,892 +8.2% | $309,664 +10% |
| 2023 | $3,598 +18.9% | $281,513 +10% |
| 2022 | $3,026 +6.6% | $255,921 +10% |
| 2021 | $2,837 +18% | $232,655 +26.4% |
| 2020 | $2,406 | $183,993 -18.9% |
| 2019 | $2,406 -12.1% | $226,742 -8.1% |
| 2018 | $2,736 +0.1% | $246,727 +14% |
| 2017 | $2,734 +9.3% | $216,516 +8.8% |
| 2016 | $2,501 +4.4% | $198,926 +11.7% |
| 2015 | $2,395 | $178,153 |
Find assessor info on the county website
Neighborhood: 33042
Nearby schools
GreatSchools rating
- 6/10Sugarloaf SchoolGrades: PK-8Distance: 5.5 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 22 mi
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Estimated market value
$592,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$592,100
- Florida
- Monroe County
- Summerland Key
- 33042
- 24950 Palm Ln
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