$1,800,000
SOLD SEP 13, 2023

1020 Adams Dr Key Largo, FL 33037

3 Beds
3 Baths
1,890 Sq Ft
8,250 Sq Ft Lot

Recently Sold

$952 Per Sq Ft

46% Above List Price

137 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • Home fronts navigable water
  • Coral Shores High School Rated A
  • Boating
  • 1-minute walk to Government Center Park

About This Home

As of September 2023

Impeccable, fully renovated waterfront pool home with 3 bedrooms and 3 bathrooms, located in Key Largo, with immediate bay and ocean access. 75' of concrete dock with a 20,000 # boat elevator lift. Light and bright interior boasting a coastal modern theme including a white tongue and groove soaring ceiling that accentuates the open living concept of the main living area that is drenched in ambient light. A modern white kitchen offers stainless GE appliances a large kitchen island with a waterfall quartz countertop, and custom cabinets. The expansive screened patio, up, overlooks the beautiful sparkling pool and dock area with an immaculate yard that sports an inviting poly turf lawn.

Last Agent to Sell the Property

Sally Stribling

Coldwell Banker Schmitt R.E. License #3159204 Listed on: 04/28/2023

Coldwell Banker Schmitt R.E.

Last Buyer's Agent

Nancy Pastor

Midtown International Realty License #3264437

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,075

Year Built

  • Built in 1989

Lot Details

  • 8,250 Sq Ft Lot
  • 75 Ft Wide Lot
  • Home fronts navigable water
  • Home fronts a canal
  • West Facing Home
  • Fenced
  • Property is zoned is

Home Design

  • Elevated Home
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,890 Sq Ft Home
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Open Floorplan
  • Home Theater
  • Recreation Room
  • Workshop
  • Storage Room
  • Tile Flooring
  • Canal Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 3 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • 2 Attached Carport Spaces
  • Driveway
  • Open Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Width 1-80 Feet
  • Boat Lift
  • Deeded Boat Dock
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00550840-000000

Community Details

Overview

  • No Home Owners Association
  • Twin Lakes 1St Add Subdivision

Recreation

  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,075

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Carport Y N: Yes
  • Directions: At mile marker 102.5, turn west on Lake, then south on Shaw, then right on Canal, then left Adams Drive. House is midway down Adams,on right, sign on property.
  • Garage Yn: No
  • Horses: No
  • Inclusions: Boatlift,Deeded Dock,Private Dock,Unrestricted Salt Water Access, Lift
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: TWIN LAKES 1ST ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Bar, Built-in Features, Closet Cabinetry, Split Bedroom, Vaulted Ceiling(s), Volume Ceilings, Media Room, Recreation Room, Storage, Workshop
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 1890
  • Possible Use: Secondary
  • Window Features: Hurricane Shutters
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Dining/Living Room, Family/Dining Combination, Snack Bar/Counter
  • Living Room Features: Media Room, Recreation Room, Storage Room, Workshop
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Shingle
  • View: Canal
  • Exterior Features: Barbeque, Built-In Grill
  • Construction Type: Elevated Construction, Frame
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio, Wrap Around
  • Pool Features: In Ground, Concrete, Gunite, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Canal Width 1-80 Feet, Navigable Water, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TWIN LAKES 1ST ADD
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, Driveway, Rv/Boat Parking

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Boating, Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00550840-000000
  • Lot Size Sq Ft: 8250
  • Zoning: is
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Sep 13, 2023
Sold by
Ocean Capital Partners Llc
Bought by
1020 Adams Llc
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt R.E.
Buyer's Agent
Nancy Pastor
Midtown International Realty
List Price
$1,229,000
Sold Price
$1,800,000
Premium/Discount to List
$571,000
46.46%
Views
413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%

Purchase Details

Listed on
May 4, 2021
Closed on
May 11, 2021
Sold by
Fernandez Ricardo E
Bought by
Ocean Capital Partners Llc
Seller's Agent
Robert Valenzuela
Century 21 Circle- Islamorada
Buyer's Agent
Robert Valenzuela
Century 21 Circle- Islamorada
List Price
$875,000
Sold Price
$845,000
Premium/Discount to List
-$30,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.15%

Purchase Details

Closed on
Sep 23, 2020
Sold by
Fernandez Ricardo E and Fernandez Cristina R
Bought by
Fernandez Ricardo E

Purchase Details

Closed on
Jun 11, 2012
Sold by
Moynihan Michael J and Moynihan Emily L
Bought by
Fernandez Ricardo E and Fernandez Cristina R

Purchase Details

Closed on
May 1, 1977
Bought by
Fernandez Ricardo E and Fernandez Cristina R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,800,000 Amerititle
Warranty Deed $1,800,000 Amerititle
Warranty Deed $845,000 Amerititle Llc
Interfamily Deed Transfer -- Attorney
Warranty Deed $470,000 Absolute First Title Llc
Deed $11,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $1,950,000 +8.3% $1,032 / Sq Ft
09/13/2023 09/13/23 Sold $1,800,000 -9.0% $952 / Sq Ft
06/23/2023 06/23/23 Price Changed $1,979,000 -7.0% $1,047 / Sq Ft
04/28/2023 04/28/23 Price Changed $2,129,000 +73.2% $1,126 / Sq Ft
04/28/2023 04/28/23 For Sale $1,229,000 +45.4% $650 / Sq Ft
05/11/2021 05/11/21 Sold $845,000 -3.4% $629 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $875,000 -- $651 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $9,218 $1,493,687 $767,250 $726,437
2023 $9,218 $1,196,712 $750,750 $445,962
2022 $7,075 $827,323 $453,750 $373,573
2021 $5,370 $624,529 $280,500 $344,029
2020 $4,719 $489,230 $280,500 $208,730
2019 $4,751 $492,021 $280,500 $211,521
2018 $4,825 $491,028 $280,500 $210,528
2017 $4,765 $496,156 $0 $0
2016 $4,482 $434,029 $0 $0
2015 $4,545 $443,331 $0 $0
2014 $4,382 $421,315 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11378898

MIAMI REALTORS® MLS

APN: 00550840-000000