$520,000
SOLD MAR 10, 2021

1041 Gibraltar Rd Key Largo, FL 33037

3 Beds
3 Baths
2,289 Sq Ft
5,250 Sq Ft Lot

Recently Sold

$227 Per Sq Ft

4% Below List Price

23 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • No HOA
  • Coral Shores High School Rated A
  • Granite Countertops
  • 1-minute walk to Harry Harris Park

About This Home

As of March 2021

LOCATED ADJACENT TO JOHN PENNEKAMP STATE PARK, THIS LOVELY 3 BEDROOM HOME OFFERS 2289 SFT OF LIVING SPACE. NESTLED BETWEEN 2 VACANT LOTS, YOUR PRIVACY IS ASSURED. CBS CONSTRUCTION, IMPACT RESISTANT WINDOWS, DOORS, METAL ROOF AND IN AN X FLOOD ZONE, ASSURES YOUR COMFORT AND PEACE OF MIND.THE SPLIT FLOOR PLAN IS ACCOMODATING AS A MULTI GENERATIONAL HOUSEHOLD.

Last Agent to Sell the Property

Martha Carter

Engel & Volkers Islamorada License #3181997 Listed on: 01/06/2021

Engel & Volkers Islamorada

Co-Listed By

Alberto Martinez

Keller Williams Capital Realty License #3306645

Last Buyer's Agent

Barbara Eads

Barbara Eads Realty License #0414676

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,191

Year Built

  • Built in 1985

Lot Details

  • 5,250 Sq Ft Lot
  • Privacy Fence

Parking

  • Off-Street Parking

Home Design

  • Metal Roof

Interior Spaces

  • 2,289 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Bahia Mar Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00544610-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,191

Year Built

Built in 1985

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
  • Fee Includes: Other
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 102.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Ocean
  • State Province: FL
  • Taxes: 3190.90
  • Vehicle Storage: Off Street Parking
  • Year Built: 1985
  • Alternate Key Number: 1668133
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5250.00
  • Porch Balcony: Deck
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2289.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Walk-in Closet(s), Granite Counter Top, Built-in Cabinets, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Parcel Number: 00544610-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Feb 24, 2021
Sold by
Barton Kelse Jan and Barton Don Barrett
Bought by
Palomo Lydda M and Palomo Javier
Seller's Agent
Martha Carter
Engel & Volkers Islamorada
Buyer's Agent
Barbara Eads
Barbara Eads Realty
List Price
$539,000
Sold Price
$520,000
Premium/Discount to List
-$19,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%
Original Mortgage
$502,645
Outstanding Balance
$451,608
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$471,471

Purchase Details

Closed on
Jul 27, 2011
Sold by
Sims Chester M and Callahan Karen
Bought by
Barton Don Barrett and Barton Kelse Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,560
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2009
Sold by
Gilbert John M and Gilbert Tracy L
Bought by
Sims Chester M and Sims Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,845
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2005
Sold by
Kelley Allison C
Bought by
Gilbert John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $520,000 Attorney
Warranty Deed $376,000 Coral Reef Title Company
Warranty Deed $354,000 Coral Reef Title Company
Warranty Deed -- Coral Reef Title Company
Warranty Deed -- Coral Reef Title Company
Warranty Deed $270,000 Coral Reef Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $502,645 FHA
Previous Owner $359,560 FHA
Previous Owner $339,845 FHA
Previous Owner $260,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 For Sale $780,000 +50.0% $341 / Sq Ft
03/10/2021 03/10/21 Sold $520,000 -3.5% $227 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $539,000 -- $235 / 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 $4,868 $578,244 -- --
2023 $4,868 $561,402 $0 $0
2022 $4,595 $545,051 $199,500 $345,551
2021 $4,104 $418,653 $111,563 $307,090
2020 $3,249 $350,556 $0 $0
2019 $3,191 $342,675 $0 $0
2018 $3,186 $336,286 $0 $0
2017 $3,122 $329,370 $0 $0
2016 $3,160 $322,596 $0 $0
2015 $3,204 $320,354 $0 $0
2014 $3,268 $317,812 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Lucas

    Seller's Agent in 2025

    Lynn Lucas

    Berkshire Hathaway HomeServices Keys Real Estate

    (305) 393-0559

    2 in this area

    166 Total Sales

    Lynn Lucas
    Section Image
  • Martha Carter

    Seller's Agent in 2021

    Martha Carter

    Engel & Volkers Islamorada

    (305) 522-0188

    11 in this area

    17 Total Sales

    Martha Carter
    Section Image
  • Alberto Martinez

    Seller Co-Listing Agent in 2021

    Alberto Martinez

    Keller Williams Capital Realty

    (305) 766-6679

    10 in this area

    21 Total Sales

    Alberto Martinez
    Section Image
  • Barbara Eads

    Buyer's Agent in 2021

    Barbara Eads

    Barbara Eads Realty

    (305) 586-7326

    123 in this area

    160 Total Sales

    Barbara Eads
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594002

Florida Keys Board of REALTORS®

APN: 00544610-000000

Florida Monroe County Key Largo 33037

1041 Gibraltar Rd, Key Largo, FL

This home is located at 1041 Gibraltar Rd, Key Largo, FL 33037 and is currently priced at $520,000, approximately $227 per square foot. This property was built in 1985. 1041 Gibraltar Rd is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and Dolphin Montessori Children's House.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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