NOT LISTED FOR SALE

1 Harbor Island Dr Key Largo, FL 33037

North Key Largo Neighborhood

Estimated Value: $6,418,000 - $7,729,000

0.79 Acre
$8,990,278 Price per Acre
34,330 Sq Ft Lot

Last Sold July 19, 2013

Last sale price $160,000

Est. 4,328% increase in value since last sale

Current estimated payment $41,272/month

71 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Tennis Courts
  • Coral Shores High School Rated A
  • Beach
  • Gated with Attendant

About This Lot

As of July 2013

Bank Owned! No ROGO needed, get permit thru Ocean Reef. This oversized corner lot is located on the Hammock Golf Course's signature fourth hole at Ocean Reef, on the highly desirable Harbor Island Drive. Within walking distance to the Ocean Reef member's fitness center, salon, and the Academy,this over half an acre lot is perfect for building your dream home.

Last Agent to Sell the Property

Robert Valenzuela

Century 21 Circle- Islamorada License #656432 Listed on: 04/01/2013

Century 21 Circle- Islamorada

Last Buyer's Agent

Robert Valenzuela, PA

Century 21 Circle License #656432

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,501

Lot Details

  • 0.79 Acre Lot
  • Corner Lot
  • 2 Lots in the community
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $212 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 00573670-000100

Community Details

Overview

  • Harbor Course S Sec I, Ii, Iii, IV Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Airstrip
  • Tennis Courts

Additional Features

  • Clubhouse
  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$1,501

Lot Details

0

HOA Fees

$212 per month

Listing Details

  • Property Type: Lots and Land
  • Additional Assessor Parcel Number 1: 8822154
  • As Is Right To Inspect: Yes
  • Control Depth: 6
  • Document Count: 2
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: Yes
  • Mile Marker: 905.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Beach, Airstrip, Spa, Fire Hydrant, Community Boat Ramp, Community Dockage, Community Pool, Tennis Courts
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 1500.54
  • Title: Negotiable
  • Alternate Key Number: 1711047
  • Lot Sq Ft: 34330.00
  • Association Fee: 2540.00
  • Association Maintenance Fee Per: Yearly
  • Mandatory HOA: Yes
  • Location Site: Paved Street, Wooded Lot, Corner Lot
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • Survey Available: No
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Special Features: RealEstateOwned
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: None
  • Waterfront: No
  • Waterview: No Waterview

Utilities

  • Security: Manned Gate, Patrolled Area

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00573670-000100
  • Land Size: 1/2 - Less Than 1 AC, More than 1 Lot
  • Building Permit: Active Permit, Other Permit
  • Total Lots: 2.00

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2021
Sold by
Polisano Maggie and Polisano Maggie
Bought by
Brightharbor Llc
Current Estimated Value
$7,085,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$360,671
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$6,793,634

Purchase Details

Closed on
Jan 29, 2021
Sold by
Fischer Carl and Key Largo Gracat Family Trust
Bought by
Polisano Maggie and Key Largo Gracat Family Trust

Purchase Details

Listed on
Apr 1, 2013
Closed on
Jun 28, 2013
Sold by
Bank Of America Na
Bought by
Key Largo Gracat Family Trust
Seller's Agent
Robert Valenzuela
Century 21 Circle- Islamorada
Buyer's Agent
Robert Valenzuela
Century 21 Circle- Islamorada
List Price
$202,500
Sold Price
$160,000
Premium/Discount to List
-$42,500
-20.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.65%

Purchase Details

Closed on
Mar 1, 2013
Sold by
Fernandez Martha and Padron Eloy
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 19, 2005
Bought by
Key Largo Gracat Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 17, 2001
Sold by
Joseph J Steinocher Tr and Mary C Wood Tr
Bought by
Lovallo Leonard

Purchase Details

Closed on
Feb 28, 2000
Sold by
Key Largo Group Inc
Bought by
Steinocher Joseph J

Purchase Details

Closed on
Feb 1, 1989
Bought by
Key Largo Gracat Family Trust

Purchase Details

Closed on
Jan 1, 1988
Bought by
Key Largo Gracat Family Trust

Purchase Details

Closed on
Jun 1, 1982
Bought by
Key Largo Gracat Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Brightharbor Llc $5,600,000 Attorney
Polisano Maggie -- Accommodation
Key Largo Gracat Family Trust $160,000 Attorney
Bank Of America Na -- None Available
Key Largo Gracat Family Trust $625,000 --
Fernandez Martha $625,000 Title Company America Inc
Lovallo Leonard $239,400 --
Steinocher Joseph J -- --
Key Largo Gracat Family Trust $65,000 --
Key Largo Gracat Family Trust -- --
Key Largo Gracat Family Trust $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brightharbor Llc $400,000
Previous Owner Fischer Carl $1,500,000
Previous Owner Fernandez Martha $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2013 07/19/13 Sold $160,000 -21.0% --
06/11/2013 06/11/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $202,500 -- --
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $39,722 $6,756,447 $2,974,451 $3,781,996
2023 $39,722 $6,109,029 $2,458,224 $3,650,805
2022 $34,145 $5,065,148 $1,425,770 $3,639,378
2021 $24,067 $3,325,148 $1,007,872 $2,317,276
2020 $17,171 $2,570,660 $977,144 $1,593,516
2019 $3,531 $491,645 $491,645 $0
2018 $3,767 $534,664 $534,664 $0
2017 $3,294 $448,626 $0 $0
2016 $3,734 $481,569 $0 $0
2015 $1,751 $219,871 $0 $0
2014 $1,811 $219,871 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Valenzuela

    Seller's Agent in 2013

    Robert Valenzuela

    Century 21 Circle- Islamorada

    (305) 431-0836

    99 Total Sales

    Robert Valenzuela
    Section Image

  • R

    Buyer's Agent in 2013

    Robert Valenzuela, PA

    Century 21 Circle

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 560776

Florida Keys Board of REALTORS®

APN: 00573670-000100

Florida Monroe County Key Largo 33037 North Key Largo

1 Harbor Island Dr, Key Largo, FL

This home is located at 1 Harbor Island Dr, Key Largo, FL 33037 since 01 April 2013 and is currently estimated at $7,085,313. 1 Harbor Island Dr is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and The Academy at Ocean Reef.

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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