$1,950,000

1020 Adams Dr Key Largo, FL 33037

Estimated payment $11,821/month

Total Views 107,515
3 Beds
3 Baths
1,834 Sq Ft
$1,063 Price per Sq Ft

Highlights

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

About This Home

Beautifully renovated waterfront pool home in Key Largo offering direct bay and ocean access. This 3-bed, 3-bath residence also includes a extra 4th living area in the finished lower level, along with additional air-conditioned storage—perfect for safely storing fishing gear and equipment. Enjoy 75 ft of concrete dockage with a 20K-pound boat lift. Inside, the home features a bright coastal-modern design with soaring white tongue-and-groove ceilings and an open-concept layout filled with natural light. The kitchen boasts GE stainless steel appliances, a waterfall-edge quartz island, and custom cabinetry. A screened-in upper patio overlooks the pool, dock, and beautifully landscaped yard with low-maintenance artificial turf—creating an ideal space to entertain or unwind in true Keys style.

Listing Agent

Derek Varona

Sea Grove Realty License #3245277 Listed on: 04/24/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,608

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
  • Substantially Remodeled
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,834 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Open Floorplan
  • Home Theater
  • Recreation Room
  • Workshop
  • Storage Room
  • Tile Flooring
  • Canal Views
  • High Impact Door

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • 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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 00550840-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,608

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Ownership: Other Ownership
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Modern/Contemporary
  • 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, Ice Maker, 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
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Partially
  • Living Area: 1834
  • Window Features: Blinds
  • 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, Water
  • 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
  • Property Condition: Substantially Remodeled
  • 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: Other

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: 2024
  • Tax Annual Amount: 12608

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

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

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

About the Listing Agent

Derek Varona

Sea Grove Realty

(855) 729-0290

Section Image

Derek is one of the co-founders of Sea Grove Realty. Derek's diligence, trustworthy personality and analytical background are critical to Sea Grove Realty's ability to serve its clients.

Prior to founding Sea Grove Realty, Derek worked in a client service role as a CPA at Deloitte, the largest professional services firm in the world. Upon graduating from Loyola University Chicago, Derek joined Deloitte's Chicago office in its tax function. As a member of the client service team, Derek

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Source: MIAMI REALTORS® MLS

MLS Number: A11773982

MIAMI REALTORS® MLS

APN: 00550840-000000