NOT LISTED FOR SALE

1 Bowen Dr Key Largo, FL 33037

Key Largo Area

Estimated Value: $1,702,738

8 Beds
10 Baths
4,412 Sq Ft
$386/Sq Ft Est. Value

Sale Details

Date Sold: September 6, 2023

Last sale price $1,630,000 $369 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,177 / mo

476 Days on Market

About This Home

As of September 2023

MOTIVATED SELLER---TREMENDOUS INVESTMENT OPPORTUNITY WITH THIS WELL MAINTAINED MIXED-USE BUILDING...A GREAT ADDITION to YOUR PORTFOLIO... Gross Annual Rental Income $106K. Signage along highly traveled US1 provides prime exposure for businesses-YOUR TENANTS WILL LOVE IT. Common parking lot with ample space to accommodate businesses, residents & guests. Convenient location to Key Largo amenities and activities. Eight fully occupied residential units along with the 2 storefronts. This is a fully operational income producing property while still offering room for value added enhancements...An IDEAL INVESTMENT! Bring all offers!Please DO NOT disturb tenants. LA must accompany

Last Agent to Sell the Property

Judy Rossignol

Paradise Florida Keys Real Estate, a Luxury Brand License #705686 Listed on: 03/17/2022

Paradise Florida Keys Real Estate, a Luxury Brand

Last Buyer's Agent

Judy Rossignol

Island Equity Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,546

Year Built

  • Built in 1959

Lot Details

  • 9,342

Home Design

  • 4,412 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms

Additional Features

  • 9,342 Sq Ft Lot
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00513060-000000

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Bowens Addn Riviera Village Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,546

Year Built

Built in 1959

Lot Details

9,342 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 105.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7546.27
  • Year Built: 1959
  • Alternate Key Number: 1632376
  • Lot Sq Ft: 9342.00
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 4412.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 10.00
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Appliances Other: Buyer to verify
  • Total Bedrooms: 8

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00513060-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.21

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 10.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Sep 1, 2023
Sold by
Bought by
Seller's Agent
Judy Rossignol
Paradise Florida Keys Real Estate, a Luxury Brand
Buyer's Agent
Judy Rossignol
Island Equity Real Estate
List Price
$1,995,000
Sold Price
$1,630,000
Premium/Discount to List
-$365,000
-18.3%
Views
48
Current Estimated Value
$1,702,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,738
Avg. Annual Appreciation
1.53%

Purchase Details

Closed on
Sep 5, 2014
Bought by

Purchase Details

Closed on
Aug 21, 2014
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 2013
Sold by
Bought by

Purchase Details

Closed on
Feb 2, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 1999
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 1978
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,630,000 South Coast Title
$100 --
-- None Available
$720,000 Coastal Title & Closing Serv
-- None Available
$11,700 Attorney
-- --
$425,000 --
$100,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/06/2023 09/06/23 Sold $1,630,000 -18.3% $369 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $1,995,000 0.0% $452 / Sq Ft
03/20/2023 03/20/23 Price Changed $1,995,000 +22.4% $452 / Sq Ft
03/15/2023 03/15/23 Off Market $1,630,000 -- --
07/09/2022 07/09/22 Price Changed $2,099,000 -6.7% $476 / Sq Ft
03/17/2022 03/17/22 For Sale $2,250,000 -- $510 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,784 $1,376,630 $846,722 $529,908
2024 $8,295 $1,254,809 $734,505 $520,304
2023 $8,295 $1,041,910 $561,081 $480,829
2022 $6,958 $786,873 $306,044 $480,829
2021 $7,546 $811,724 $306,044 $505,680
2020 $7,263 $811,737 $306,044 $505,693
2019 $6,877 $783,140 $252,584 $530,556
2018 $6,324 $668,394 $254,570 $413,824
2017 $5,672 $553,968 $0 $0
2016 $6,189 $591,263 $0 $0
2015 $6,334 $596,117 $0 $0
2014 $6,634 $606,255 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judy Rossignol

    Seller's Agent in 2023

    Judy Rossignol

    Paradise Florida Keys Real Estate, a Luxury Brand

    (305) 393-0523

    31 Total Sales

    Judy Rossignol
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600208

Florida Keys Board of REALTORS®

APN: 00513060-000000

Florida Monroe County Key Largo 33037

1 Bowen Dr, Key Largo, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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