NOT LISTED FOR SALE

1004 Adams Dr Key Largo, FL 33037

Estimated Value: $1,772,000 - $2,299,000

3 Beds
2.5 Baths
1,502 Sq Ft
$1,310/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $2,099,000 $1,397 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $11,424/month

104 Days on Market

Highlights

  • Boat Lift
  • Concrete Pool
  • RV Parking in Community
  • Coral Shores High School Rated A
  • RV or Boat Parking
  • 1-minute walk to Government Center Park

About This Home

As of July 2022

This tranquil waterfront pool home is situated on a lot and a half in a quiet, secluded neighborhood across from Florida Bay. As you step foot on this property you are invited into a serene island oasis with incomparable privacy. The lush tropical landscaping creates a calming and peaceful environment mirroring that of an exotic resort. The unique boho chic details pair harmoniously with the environment capturing the essence of tranquility. 'Pura Vida' awaits. (simple life)The custom open concept kitchen and great room layout overlook the enclosed screened-in porch which offers a sophisticated entertaining venue with a seamless indoor-outdoor transition. Enjoy easterly breezes from your porch looking out over the wide canal with 101 feet of deep water dockage equipped with a 15K boat lift. Infinite entertaining opportunities exist throughout the property grounds with a grand gazebo lounge area and screened-in outdoor living space off the resort-style pool, and waterfront patios. The open-air outdoor shower with waterfall shower head will leave you feeling invigorated and refreshed. Launch your kayaks and paddle boards into the canal from your private sandy ramp and you're a short paddle to the Florida Bay. Take your boat out the short ride to Florida Bay for backcountry fishing, lobstering or water sports. Quick oceanside access via Adams Cut. Timeless renovations and design are showcased throughout the master suite and two secondary bedrooms with a shared hall bathroom. The kitchen features quartz countertops, stainless steel appliances and white custom cabinets. Enjoy wood tile throughout, a private laundry room with a storage room down large enough to house a work shop, bicycles, paddle boards, kayaks, pool toys, fishing rods, and more. Flex space downstairs can be used for additional storage or home office.

Last Agent to Sell the Property

TEAM Walters Gloria, Rachel and Michae

Ocean Sotheby's International Realty License #662034_1 Listed on: 02/10/2022

Last Buyer's Agent

outside mls - FKBR

Outside Of MLS - FKBR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,335

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • 0.3 Acre Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,502 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Workshop
  • Storage
  • Utility Room
  • Canal Views
  • Impact Glass

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Carport
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Boat Lift
  • Dock made with Composite Material
  • Balcony
  • Exterior Lighting
  • Gazebo
  • Exterior Bathhouse
  • Shed

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Accessible Parking
  • ENERGY STAR/CFL/LED Lights

Community Details

  • No Home Owners Association
  • Twin Lakes Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00550760-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,335

Year Built

Built in 1987 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Composite
  • Dockage Dock Length: 85
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Largo
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 103.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5334.81
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Covered Parking, RV Parking Open, Off Street Parking, Guest Parking, Open Parking, Attached
  • Year Built: 1987
  • Alternate Key Number: 1674231
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 13000.00
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1502.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • G F Interior Features: LED Lighting
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Split Bedroom, Quartz Countertops, Window Treatments, Storage, Built-in Cabinets
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Bath House, Workshop, Utility Room, Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Accessibility Features: Parking
  • Sq Ft Remarks: Porches, utility room and covered carport lounge area adds another entire outdoor entertainment space to this home.

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame, Combo Construction
  • Exterior Features: Gazebo, Storage, Shed, Outdoor Shower, Lighting
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Buyer to Verify, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00550760-000000
  • Lot Size: 100 X 130
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.30

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished, Partially

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Jul 21, 2022
Sold by
Robert Dillon Frank
Bought by
Adams Dr Llc
Seller's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$2,499,999
Sold Price
$2,099,000
Premium/Discount to List
-$400,999
-16.04%
Current Estimated Value
$1,967,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$131,719
Avg. Annual Appreciation
-1.98%
Original Mortgage
$1,530,000
Outstanding Balance
$1,128,732
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$838,549

Purchase Details

Closed on
Nov 1, 2011
Sold by
Lage Angel
Bought by
Wells Fargo Bank National Association and Harborview 2006-12 Trust Fund

Purchase Details

Closed on
Sep 23, 2007
Sold by
Blaylock M Bradley and Blaylock Brian Todd
Bought by
Blaylock Brian Todd and Blaylock Christina Lee

Purchase Details

Closed on
Apr 7, 2006
Sold by
Urrea Beatriz
Bought by
Urrea Jaime and Urrea Juan L

Purchase Details

Closed on
Jan 1, 1980
Bought by
Dillon Frank Robert
Source: Public Records

Range of Values:

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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
Adams Dr Llc $2,099,000 New Title Company Name
Adams Dr Llc $2,099,000 Independent Title Of Fort Laud
Wells Fargo Bank National Association -- None Available
Blaylock Brian Todd -- Attorney
Urrea Jaime -- None Available
Dillon Frank Robert $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Dr Llc $1,530,000
Closed Adams Dr Llc $1,530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $2,099,000 0.0% $1,397 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/01/2022 05/01/22 Price Changed $2,099,000 -8.7% $1,397 / Sq Ft
02/16/2022 02/16/22 Price Changed $2,299,000 -8.0% $1,531 / Sq Ft
02/10/2022 02/10/22 For Sale $2,499,999 -- $1,664 / Sq Ft
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 $12,289 $1,487,725 $1,070,570 $417,155
2023 $12,289 $1,453,957 $1,047,547 $406,410
2022 $6,319 $913,242 $550,550 $362,692
2021 $5,335 $587,486 $340,340 $247,146
2020 $4,852 $505,576 $340,340 $165,236
2019 $4,880 $507,810 $340,340 $167,470
2018 $4,926 $503,195 $335,920 $167,275
2017 $4,735 $503,218 $0 $0
2016 $4,397 $424,151 $0 $0
2015 $4,374 $434,821 $0 $0
2014 $4,237 $417,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599596

Florida Keys Board of REALTORS®

APN: 00550760-000000