8940 Key West Island Way, Riverview, FL 33578

3 beds3 baths3,386 sqft Edit

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Sold: $355,000
Sold on 05/03/13
Zestimate®: $408,038
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Comparable Homes

Homes like this sold for $206-493K.


Improve This Home's Value

Mid-Range Major Kitchen Remodel

  • See all Kitchens

  • Estimated value increase: $37.9K

  • The average cost for a mid-range major kitchen remodel in Riverview is $53,957.

Deck Addition

  • See all Decks

  • Estimated value increase: $5.7K

  • The average cost for a deck addition in Riverview is $9,310.

Price / Tax History

Home Facts

My Notes

Short Sale. PRICE REDUCED BY $74,000!!! Opportunity clearly is knocking for some smart investor/buyer to take advantage of a market that's heading upward. This unbelievably beautiful two-story upscale home in the gated, private community of Key West Landings in Riverview, just steps to the Alafia river, was purchased in 2006 for $950,000. It's being offered at a recent appraised value of $449,000. Steal this house. If you have the developer build you a similar product, you'll pay close to a million dollars. The home has 3,386 htd sq ft, 3-car garage, 3BR, 2 full and 2 half baths, 10-ft ceilings with crown molding, elegant, spacious kitchen with granite countertops, 42-inch cherry cabinets, giant master bath with garden tub and large walk in shower with double heads, oak railing on the staircase, wood and ceramic tile floors, tropical garden pool with heated spa. This house is absolutely gorgeous, in price, location, design, and upscale improvements. You don't buy this house, you'll be kicking yourself in three years. Look at everything in the area under $500K, then bring us an offer!  More Less 


  • Lot: 9,649 sqft
  • Single Family
  • Built in 2010
  • All time views: 2,560
  • Cooling: Central
  • Last sold: May 2013 for $355,000
  • Last sale price/sqft: $105


  • Flooring: Tile
  • Parking: Garage - Attached, 1 space, 260 sqft
  • Pool

    Appliances Included

    • Dishwasher
    • Garbage disposal
    • Microwave
    • Range / Oven
    • Washer


    • Exterior material: Stucco
    • Roof type: Metal
    • Stories: 2
    • Structure type: Contemporary


    • Floor size: 3,386 sqft
    • Last remodel year: 2012
    • Laundry: In Unit
    • Lot depth: 112 ft
    • Lot width: 85 ft
    • Parcel #: 0502293038
    • Zillow Home ID: 99656395

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    Neighborhood: 33578

    Zillow predicts 33578 home values will rise 6.4% next year, compared to a 8.5% rise for Riverview as a whole. Among 33578 homes, this home is valued 228.5% more than the midpoint (median) home, and is valued 35.1% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In the 33578 market, the number of foreclosures waiting to be sold grew 25.6% in the last year. The number of unsold foreclosures is 7.5% lower than in Riverview, and 390.5% greater than the national average. This lower local number could help 33578 home values rise more quickly than other regions in Riverview.
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      Nearby Schools in Riverview

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