NOT LISTED FOR SALE

1043 Adams Dr Key Largo, FL 33037

Estimated Value: $1,378,000 - $1,519,000

3 Beds
2 Baths
1,650 Sq Ft
$875/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $1,350,000 $818 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,289/month

24 Days on Market

Highlights

  • Dock made with wood
  • Boat Ramp
  • Gulf View
  • Coral Shores High School Rated A
  • RV or Boat Parking
  • 1-minute walk to Government Center Park

About This Home

As of March 2024

Welcome to your Key Largo Retreat with beautiful Bay Views, 75' Deep Water Dockage, and Boat Ramp. This enchanting 2-story home, nestled in the heart of Key Largo, boasts bay views with 75' deep water dockage and a convenient boat ramp, this residence is a boater's paradise, offering seamless access to the pristine waters of the Florida Keys featuring a newer metal roof with the upstairs offering 2 bedrooms and 1 bathroom, and the lower level offers private guest quarters with 1 bedroom and 1 bathroom, providing the perfect retreat for visitors and family members. The strategic positioning of this home, just one lot in from the bay, ensures both privacy and easy access to the open water. Situated on a generously sized parcel, this residence provides ample room for parking. Perfectly located in Key Largo and just moments away from Adams Cut Waterway, providing easy access to the Atlantic Ocean. Whether you're a boating enthusiast or simply seeking a peaceful waterfront haven, this property offers the best of both worlds. Seize this opportunity to own a slice of paradise in Key Largo!

Last Agent to Sell the Property

Lisa Frins

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #0672871 Listed on: 12/27/2023

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

  • $7,609

Year Built

  • Built in 1973

Lot Details

  • 7,875 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Property Views

  • Gulf
  • Canal

Home Design

  • Metal Roof
  • HardiePlank Siding
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,650 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass

Parking

  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Davits
  • Boat Ramp
  • Dock made with wood
  • Balcony
  • Deck
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Twin Lakes Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 00551005-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,609

Year Built

Built in 1973

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: 5
  • Dockage Dock: Wood
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 103.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7609.09
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, RV Parking Open
  • Year Built: 1973
  • Alternate Key Number: 1674869
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 7875.00
  • Porch Balcony: Open Porch/Balcony, Deck
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1650.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Window Treatments
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: More Appliances, Stainless Steel Appliance(s), Oven, Range, Refrigerator, Dishwasher, Dryer, Washer
  • Floor: Tile, Laminate
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davits, Boat Ramp
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Concrete, Hardi Board Siding, Combo Construction
  • Exterior Features: Fencing, Shed
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View, Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00551005-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
Mar 7, 2024
Sold by
Kelly Christopher Loyd and Kelly Laura Alyse
Bought by
Casa Bayview Llc
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
$1,499,000
Sold Price
$1,350,000
Premium/Discount to List
-$149,000
-9.94%
Views
78
Current Estimated Value
$1,443,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,924
Avg. Annual Appreciation
4.32%
Original Mortgage
$945,000
Outstanding Balance
$930,063
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$513,861

Purchase Details

Closed on
Aug 14, 2020
Sold by
Barbara H Greene Revocable Trust and Barbara H Greene Revocable Tru
Bought by
Kelly Christopher Loyd and Kelly Laura Alyse

Purchase Details

Closed on
May 7, 1996
Sold by
Greene Barbara H
Bought by
Greene Barbara H

Purchase Details

Closed on
Jan 1, 1987
Bought by
Greene Barbara H Rev Tr 4/25/1996

Purchase Details

Closed on
Sep 1, 1983
Bought by
Greene Barbara H Rev Tr 4/25/1996

Purchase Details

Closed on
Dec 1, 1980
Bought by
Greene Barbara H Rev Tr 4/25/1996

Purchase Details

Closed on
Feb 1, 1973
Bought by
Greene Barbara H Rev Tr 4/25/1996
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
Casa Bayview Llc $1,350,000 Harbor Title
Kelly Christopher Loyd $780,000 Moraitis Cofar Karney Moraitis
Greene Barbara H $100 --
Greene Barbara H Rev Tr 4/25/1996 $112,000 --
Greene Barbara H Rev Tr 4/25/1996 $115,000 --
Greene Barbara H Rev Tr 4/25/1996 $106,000 --
Greene Barbara H Rev Tr 4/25/1996 $3,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casa Bayview Llc $945,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2024 03/12/24 Sold $1,350,000 -9.9% $818 / Sq Ft
12/27/2023 12/27/23 For Sale $1,499,000 -- $908 / 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 $7,609 $1,102,761 $739,699 $363,062
2023 $7,609 $1,089,646 $723,791 $365,855
2022 $6,271 $807,813 $437,456 $370,357
2021 $5,645 $607,098 $270,428 $336,670
2020 $4,781 $496,817 $270,428 $226,389
2019 $3,124 $333,491 $0 $0
2018 $3,320 $351,300 $0 $0
2017 $3,252 $344,075 $0 $0
2016 $3,293 $336,999 $0 $0
2015 $3,337 $334,656 $0 $0
2014 $3,405 $332,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 607935

Florida Keys Board of REALTORS®

APN: 00551005-000100