NOT LISTED FOR SALE

101 5th Ln Key Largo, FL 33037

Estimated Value: $1,099,000 - $1,788,000

3 Beds
3 Baths
1,820 Sq Ft
$787/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $1,055,000 $580 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $8,382/month

11 Days on Market

Highlights

  • Dock made with concrete
  • Home fronts a canal
  • Granite Countertops
  • Coral Shores High School Rated A
  • Lanai
  • 1-minute walk to Shadow Point

About This Home

As of June 2021

Canal-front concrete home only minutes from open ocean! Duplex with 2/2 upstairs and 1/1 updated apartment downstairs. Quiet, peaceful, and sought-after neighborhood in the heart of Key Largo. Landscaped throughout. This house has been meticulously maintained and is in ready move-in conditions very warm and inviting. Unwind in this lovely Lanai and soak up the sun in the outdoors area. 55' of Concrete dock made this house a ''seaside escape'' to open ocean as well as to open Bay via Adams Cut. Has 2 BD/2 BA upstairs and 1BD/1BA downstairs with full kitchen, living and dining area. Large screened terrace under roof to enjoy the ocean breeze. This house is all concrete block with concrete roof that it's being very well maintained.

Last Agent to Sell the Property

Melba Lorenzo

Coldwell Banker Schmitt Key Largo License #3082897 Listed on: 05/07/2021

Co-Listed By

Maria Barroso

Coldwell Banker Schmitt Key Largo License #3013424

Last Buyer's Agent

Gisel Valdivia

EquiEstate Corp. License #3323917

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,680

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 6,750 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced

Home Design

  • Duplex
  • Concrete Roof

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Double Hung Windows
  • Storage
  • Tile Flooring
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Open Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Davits
  • Dock made with concrete
  • Balcony
  • Screened Patio
  • Lanai
  • Outdoor Storage

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00547211-005300

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Winston Waterway Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,680

Year Built

Built in 1978 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Handicap Access: Yes
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 102.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4680.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Off Street Parking
  • Vehicle Storage Cars: 3
  • Year Built: 1978
  • Alternate Key Number: 1671223
  • Cooling Heating: Central Air
  • Lot Sq Ft: 6750.00
  • Porch Balcony: Open Porch/Balcony, Patio, Screened Patio
  • Shutters: Other
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1820.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Quartz Countertops, Window Treatments, Storage, Smoke Alarms, Pantry
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Double Hung Windows, Other Windows/Doors
  • Total Bedrooms: 3
  • Sq Ft Remarks: Upstairs 1,144 sq. ft.Downstairs 676 sq. ft.

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence, Lanai
  • Roof: Concrete Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE8
  • Parcel Number: 00547211-005300
  • Lot Size: 140 X 110 X 55 X 60
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
M & M Family Holdings Inc
Bought by
101 Fifth Lane Llc
Current Estimated Value
$1,431,753

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 15, 2021
Sold by
Ramos Victor and Ramos Gladys
Bought by
M & M Family Holdings Inc
Seller's Agent
Melba Lorenzo
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Gisel Valdivia
EquiEstate Corp.
List Price
$1,075,000
Sold Price
$1,055,000
Premium/Discount to List
-$20,000
-1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Sep 16, 2019
Sold by
Ramos Victor and Ramos Gladys
Bought by
Ramos Victor and Ramos Gladys

Purchase Details

Closed on
Nov 5, 2002
Sold by
Marek Craig and Marek Ana Marek
Bought by
Ramos Victor and Ramos Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2000
Sold by
Parker Andrew J and Parker Kathleen
Bought by
Ramos Victor and Ramos Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1999
Sold by
Hernandez Juan A and Hernandez Gloria
Bought by
Parker Andrew J and Parker Kathleen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,335
Interest Rate
7.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1991
Bought by
Ramos Victor and Ramos Gladys

Purchase Details

Closed on
Feb 1, 1975
Bought by
Ramos Victor and Ramos Gladys
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
101 Fifth Lane Llc -- None Listed On Document
101 Fifth Lane Llc -- None Listed On Document
M & M Family Holdings Inc $1,055,000 Miami Title Group Inc
Ramos Victor -- None Available
Ramos Victor $65,000 --
Ramos Victor $253,000 --
Parker Andrew J $215,000 --
Ramos Victor $150,000 --
Ramos Victor $5,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parker Andrew J $65,000
Previous Owner Parker Andrew J $180,000
Previous Owner Parker Andrew J $119,335
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2021 06/18/21 Sold $1,055,000 -1.9% $580 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $1,075,000 -- $591 / 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 $9,496 $1,028,264 $637,875 $390,389
2023 $9,496 $1,025,919 $644,625 $381,294
2022 $8,913 $989,434 $550,125 $439,309
2021 $4,850 $478,925 $0 $0
2020 $4,680 $454,873 $0 $0
2019 $4,735 $460,705 $0 $0
2018 $4,765 $456,665 $0 $0
2017 $4,667 $448,709 $0 $0
2016 $4,592 $424,004 $0 $0
2015 $4,581 $421,897 $0 $0
2014 $4,463 $383,119 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595954

Florida Keys Board of REALTORS®

APN: 00547211-005300