NOT LISTED FOR SALE

Estimated Value: $2,292,000 - $2,694,000

4 Beds
3.5 Baths
2,800 Sq Ft
$888/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2025

Last sale price $2,700,000 $964 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $14,747 / mo

112 Days on Market

Highlights

  • Boat Ramp
  • Dock made with wood
  • In Ground Pool
  • Coral Shores High School Rated A
  • New Construction
  • 1-minute walk to Government Center Park

About This Home

As of April 2025

Experience modern coastal design and opulent island living in this captivating new construction home. Located in the heart of Key Largo, this home offers an open-concept layout flooded with natural light, a gourmet chef's kitchen, smart kitchen appliances, 8-foot doorways, and spacious bedrooms with designer en-suites. This magnificent four-bedroom plus den, three-and-a-half-bathroom home is your gateway to paradise. Step inside and experience the seamless fusion of modern architecture with coastal charm. The gourmet kitchen is adorned with high-end finishes, custom cabinetry, sleek countertops, and top-of-the-line stainless steel appliances. The expansive outdoor living spaces are ideal for hosting gatherings and relaxing. Step into your private oasis with a resort-style pool and outdoor entertainment area. This property has a brand new dock where you can dock your vessel just steps from your door, making it easy to explore the surrounding islands and reefs. Water access for boating enthusiasts and proximity to Key Largo's dining and outdoor activities. Enjoy a plethora of restaurants, shops, and outdoor activities at your fingertips. Explore John Pennekamp Coral Reef State Park, go snorkeling or fishing, or simply bask in the laid-back island atmosphere. Don't miss the chance to make this your forever home or vacation retreat - paradise awaits.

Last Agent to Sell the Property

TEAM Walters Gloria, Rachel and Michae

Ocean Sotheby's International Realty License #662034_1 Listed on: 12/10/2024

Last Buyer's Agent

Pedro Riveiro

Capital Real Estate Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,475

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 13,000 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Property is zoned IS - Improved Subivision District

Property Views

  • Harbor
  • Canal

Home Design

  • Metal Roof
  • HardiePlank Siding
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,800 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Workshop
  • Storage
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport
  • Open Parking
  • RV or Boat Parking

Pool

  • In Ground Pool
  • Pool Deck
  • Saltwater Pool

Outdoor Features

  • Dock made with wood
  • Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00551000-000500

Community Details

Overview

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

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,475

Year Built

Built in 2024 | New Construction

Lot Details

0.3 Acres

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 103.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5475.23
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking, RV Parking Open, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2024
  • Alternate Key Number: 1674524
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Dockage Dock Permit: Applied For
  • Lot Sq Ft: 13000.00
  • Pool Info: In Ground, Decked, Salt Water
  • Porch Balcony: Open Porch/Balcony, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2800.00
  • Pre Wired: Cable, Surround Sound
  • Financial Status Auction: No
  • G F Interior Features: Tankless Hot Wtr Htr
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Wet Bar, Quartz Countertops, Tray Ceilings, Other, Walk-in Closet(s), Storage, Smoke Alarms, Granite Counter Top, Built-in Cabinets, Entrance Foyer, Pantry, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Workshop
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4
  • Accessibility Features: None
  • Sq Ft Remarks: Buyer to verify all living spaces

Exterior Features

  • Dockage: Basin
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Hardi Board Siding, Concrete
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: Canal View, Harbor/Marina View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Buyer to Verify, Municipal Sewer, Community Swr Plant
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00551000-000500
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.30

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

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
Dec 10, 2024
Closed on
Apr 29, 2025
Sold by
Bought by
Seller's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
Buyer's Agent
Pedro Riveiro
Capital Real Estate Group Inc
List Price
$2,850,000
Sold Price
$2,700,000
Premium/Discount to List
-$150,000
-5.26%
Views
88
Current Estimated Value
$2,486,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$213,892
Avg. Annual Appreciation
-6.39%
Original Mortgage
$2,000,000
Interest Rate
0.0663%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,645
Interest Rate
0.0527%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 31, 2020
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 1991
Bought by

Purchase Details

Closed on
Mar 1, 1982
Bought by

Purchase Details

Closed on
Feb 1, 1979
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$2,700,000 Cla Title & Escrow
-- Crane Adams Llc
$240,000 Ruben J Padron Pa
$40,000 --
$55,000 --
$39,900 --
$16,200 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $2,000,000
Previous Owner $864,645
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
04/30/2025 04/30/25 Sold $2,700,000 -5.3% $964 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
12/10/2024 12/10/24 For Sale $2,850,000 -- $1,018 / 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 $14,416 $1,912,324 $835,838 $1,076,486
2024 $5,475 $1,781,885 $810,813 $971,072
2023 $5,475 $653,156 $653,156 $0
2022 $1,710 $250,253 $250,253 $0
2021 $1,362 $130,133 $130,133 $0
2020 $1,039 $130,133 $130,133 $0
2019 $1,004 $125,128 $125,128 $0
2018 $990 $123,503 $123,503 $0
2017 $947 $116,093 $0 $0
2016 $926 $107,611 $0 $0
2015 $756 $60,391 $0 $0
2014 $738 $51,956 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 612618

Florida Keys Board of REALTORS®

APN: 00551000-000500

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