$710,000
SOLD MAY 21, 2020

1032 Adams Dr Key Largo, FL 33037

2 Beds
2 Baths
1,680 Sq Ft
8,250 Sq Ft Lot

Recently Sold

$423 Per Sq Ft

5% Below List Price

247 Days on Market

Highlights

  • Dock made with wood
  • Home fronts a canal
  • Wood Flooring
  • Coral Shores High School Rated A
  • Cathedral Ceiling
  • 1-minute walk to Government Center Park

About This Home

As of April 2025

WELL-MAINTAINED CANALFRONT HOME in desirable subdivision in Key Largo offering immediate bay access and easy ocean access through Adams Cut. Oversized, fully fenced lot features 75' of deep-water dockage, chickee hut with outdoor kitchen, outdoor shower and covered entertaining area plus a garage for all the toys. This tri-level home offers an open living area kitchen on the main floor with a large screened porch to enjoy the water views. 1bd/1bd on second floor with a spacious master on 3rd floor leading out to a large open deck with walk-around balcony. This home is well cared for and a perfect opportunity to enjoy the lifestyle!

Last Agent to Sell the Property

Lisa Frins

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #0672871 Listed on: 08/27/2019

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Lisa Frins

Century 21 Prestige Realty Grp, Tavernier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,150

Year Built

  • Built in 1987

Lot Details

  • 8,250 Sq Ft Lot
  • Home fronts a canal
  • Fenced

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Carport
  • Open Parking

Outdoor Features

  • Outdoor Shower
  • Davits
  • Dock made with wood
  • Screened Balcony
  • Outdoor Kitchen
  • Tiki or Chickee Hut
  • Attached Grill

Utilities

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

Community Details

  • No Home Owners Association
  • Twin Lakes Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00550900-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,150

Year Built

Built in 1987

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: 4
  • Dockage Dock: Wood
  • Dockage Dock Length: 75
  • Fee Includes: None
  • Key Island: Key Largo
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • 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: 4149.67
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Open Parking, Attached, Carport
  • Year Built: 1987
  • Alternate Key Number: 1674371
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 8250.00
  • Porch Balcony: Open Porch/Balcony, Screened P/B
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1680.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Oven, Range, Refrigerator
  • Floor: Tile, Wood
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame, Combo Construction
  • Exterior Features: Built-in Grill, Outdoor Shower, Outdoor Kitchen, Fencing, Chickee Hut
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00550900-000000
  • Lot Size: 75x110
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2025
Closed on
Apr 7, 2025
Sold by
I Mendez Interior Design & Rental Key La
Bought by
Asal Angela
Seller's Agent
Christie Mosquera
Keller Williams Capital Realty
Buyer's Agent
Sally Stribling
Coldwell Banker Schmitt R.E.
List Price
$1,695,000
Sold Price
$1,500,000
Premium/Discount to List
-$195,000
-11.5%
Views
23
Current Estimated Value
$1,527,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,349
Avg. Annual Appreciation
4.48%

Purchase Details

Listed on
Aug 27, 2019
Closed on
Jun 2, 2020
Sold by
Olga Galliano
Bought by
I Mendez Interior Design & Ren
Seller's Agent
Lisa Frins
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
List Price
$750,000
Sold Price
$710,000
Premium/Discount to List
-$40,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.60%
Original Mortgage
$150,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2019
Closed on
May 21, 2020
Sold by
Olga Galliano
Bought by
I Mendez Interior Design & Ren
Seller's Agent
Lisa Frins
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
List Price
$750,000
Sold Price
$710,000
Premium/Discount to List
-$40,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2018
Sold by
Ril Iii Investments Llc
Bought by
Galliano Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2017
Closed on
Jul 9, 2018
Sold by
Ril Iii Investments Llc
Bought by
Galliano Olga
Seller's Agent
Wiebke Westedt
LoKation Real Estate
Buyer's Agent
Wiebke Westedt
Century 21 Keysearch Realty
List Price
$774,000
Sold Price
$645,000
Premium/Discount to List
-$129,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.97%
Original Mortgage
$516,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2008
Sold by
Lydecker Richard J and Lydecker Isabell
Bought by
Ril Iii Investments Llc

Purchase Details

Closed on
Feb 28, 2005
Sold by
Rashed Mohamed M and Rashed Stephanie L
Bought by
Lydecker Richard and Lydecker Isabell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2002
Sold by
Marie Sanguinetti I
Bought by
Rashed Mohamed M

Purchase Details

Closed on
Dec 17, 2001
Bought by
Ril Iii Investments Llc

Purchase Details

Closed on
Jun 8, 2000
Sold by
Power Stephen F and Power Patti A
Bought by
Rashed Mohamed M and Sanguinetti Marie

Purchase Details

Closed on
Jan 1, 1992
Bought by
Ril Iii Investments Llc

Purchase Details

Closed on
Nov 1, 1988
Bought by
Ril Iii Investments Llc

Purchase Details

Closed on
Oct 1, 1980
Bought by
Ril Iii Investments Llc

Purchase Details

Closed on
Feb 1, 1971
Bought by
Ril Iii Investments Llc
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 $1,500,000 Coral Reef Title
Warranty Deed $7,852,857 None Listed On Document
Warranty Deed $7,852,857 None Listed On Document
Warranty Deed $645,000 New Title Company Name
Warranty Deed $645,000 New Title Company Name
Quit Claim Deed -- Attorney
Warranty Deed $900,000 --
Quit Claim Deed $51,100 --
Quit Claim Deed $51,100 --
Warranty Deed $260,000 --
Warranty Deed $185,000 --
Warranty Deed $200,000 --
Warranty Deed $25,500 --
Deed $2,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $516,000 New Conventional
Previous Owner $516,000 New Conventional
Previous Owner $585,000 Purchase Money Mortgage
Previous Owner $225,000 Credit Line Revolving
Previous Owner $206,592 New Conventional
Previous Owner $89,500 Credit Line Revolving
Previous Owner $208,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $1,500,000 -11.5% $893 / Sq Ft
03/10/2025 03/10/25 For Sale $1,695,000 +138.7% $1,009 / Sq Ft
05/21/2020 05/21/20 Sold $710,000 -5.3% $423 / Sq Ft
08/27/2019 08/27/19 For Sale $750,000 +16.3% $446 / Sq Ft
07/19/2018 07/19/18 Sold $645,000 -16.7% $384 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
08/25/2017 08/25/17 For Sale $774,000 -- $461 / 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 $7,510 $1,184,936 $767,250 $417,686
2023 $7,510 $1,111,776 $750,750 $361,026
2022 $6,155 $815,084 $453,750 $361,334
2021 $5,431 $580,702 $280,500 $300,202
2020 $5,009 $524,720 $280,500 $244,220
2019 $5,067 $530,691 $280,500 $250,191
2018 $4,873 $496,768 $280,500 $216,268
2017 $4,734 $496,951 $0 $0
2016 $4,429 $427,891 $0 $0
2015 $4,469 $435,535 $0 $0
2014 $4,313 $414,773 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587142

Florida Keys Board of REALTORS®

APN: 00550900-000000