NOT LISTED FOR SALE

Estimated Value: $738,000 - $979,000

2 Beds
1 Bath
1,091 Sq Ft
$729/mo HOA Fee

Last Sold November 06, 2023

Last sale price $875,000 $802 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,362/month

20 Days on Market

Highlights

  • Sandy Beach
  • Property Fronts a Bay or Harbor
  • Gulf View
  • Coral Shores High School Rated A
  • Concrete Pool
  • 3-minute walk to Rowell's Waterfront Park

About This Home

As of November 2023

Rarely Available & Very Sought-After Moon Bay Condo! Resort Style living at its Best! Beautifully renovated unit is move in ready and completely furnished with Water Views of the Bay! Renovated kitchen with QUARTZ countertop, PORCELAIN tile floor, Beverage bar with wine cooler, updated bathrooms, custom blinds, ceiling fans throughout, Impact Windows & Doors, Large Bedrooms, front room set up as a 3rd bedroom w/queen murphy chest. Patio has sliders from living room & at the railing serving as a dual purpose, either additional ac area or open patio area. Amenities include New Pool & Club House, Tennis & Pickle Ball court, clubhouse, Sauna, outdoor Tiki hut, Marina, Fishing docks, Private Beach area, Paddle board & kayak storage. Jetski Docks, Walking distance to restaurants and entertainment. Weekly Rentals, Yes Weekly Rentals ALLOWED!! This unit is licensed for short term rentals. The community just completed all major renovations with in the past 3 years including building roofs, all window and doors upgraded to impact, renovated pool and club house, entire complex painted. September the parking lot will be repaved, and the elevators will be renovated, the HOA is as solid as they come with strong funded reserves over a Million Dollars! No Worries about assessments in the future and everything is NEW. Come take a tour of the best hidden paradise in Key Largo which offers some of the best diving and fishing! This Unit was a primary residence prior to owner and then used as a 2nd home until owner purchased another unit in the community. 2023 was first year as short-term rental. No abuse here very well ta taken care of unit and fully renovated in 2019 with PERMITS! The short-term rental license stays with unit, so it is ready to produce income. Units in community are averaging 60k plus income a year! Including additional real property of boat slip 20 parcel id# 00508234-002000 to accommodate a 30ft boat!

Last Agent to Sell the Property

richard RAYMOND

RE/MAX Complete Solutions License #3094418 Listed on: 09/22/2023

Last Buyer's Agent

Kerry Millhiser

LoKation Real Estate License #3464688

LoKation Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,520

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • Sandy Beach
  • Fenced

HOA Fees

  • $729 Monthly HOA Fees

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,091 Sq Ft Home
  • Furnished
  • Bar
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Storage
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Electric Gate
  • Assigned Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Patio
  • Gazebo
  • Outdoor Storage
  • Tiki or Chickee Hut
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00508231-001100 & 00508234-002

Community Details

Overview

  • Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt, water, exterminating, sewer
  • Moon Bay Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Lobby

Pet Policy

  • Pet Restriction: 2 60lb dogs-

Security

  • Building Security System
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,520

Year Built

Built in 1976 | Remodeled

Lot Details

0

HOA Fees

$729 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 729.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Fee Includes: Cable, Other, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Handicap Access: Yes
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 104.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: 2 60lb dogs-
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3520.05
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking
  • Year Built: 1976
  • Alternate Key Number: 1626163
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Windowed P/B, Patio
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1091.00
  • Pre Wired: Cable, Cat 5
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Elevator, Quartz Countertops, Bar, Window Treatments, Storage, Smoke Alarms, Lobby, Fire Sprinkler, Entrance Foyer, Pantry, Split Bedroom
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Chickee Hut, Tennis Court(s), Storage, Sandy Beach, Outdoor Shower, Rain Gutters, Gazebo, Fencing
  • Roof: Concrete Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, On Premises System
  • Utilities: FKAA, Elect Separate Meter, Cable Available, Municipal Sewer
  • Heating: Central, Electric

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: X,VE,AE,AE,VE,0.2 PC
  • Parcel Number: 00508231-001100 & 00508234-002
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Nov 1, 2023
Sold by
Raymond Jane
Bought by
Jackson Kelly London and Nurse Jamal Jefferson
Seller's Agent
richard RAYMOND
RE/MAX Complete Solutions
Buyer's Agent
Kerry Millhiser
LoKation Real Estate
List Price
$775,000
Sold Price
$875,000
Premium/Discount to List
$100,000
12.9%
Total Days on Market
20
Views
45
Current Estimated Value
$810,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,510
Avg. Annual Appreciation
-4.73%
Original Mortgage
$700,000
Outstanding Balance
$214,721
Interest Rate
7.25%
Mortgage Type
Seller Take Back
Estimated Equity
$595,769

Purchase Details

Closed on
Mar 7, 2015
Sold by
Mcleod John
Bought by
Raymond Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 1999
Bought by
Raymond Jane

Purchase Details

Closed on
Nov 1, 1996
Bought by
Raymond Jane

Purchase Details

Closed on
Jun 1, 1988
Bought by
Raymond Jane

Purchase Details

Closed on
Jul 1, 1986
Bought by
Raymond Jane

Purchase Details

Closed on
Oct 1, 1978
Bought by
Raymond Jane
Source: Public Records

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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
Jackson Kelly London $750,000 None Listed On Document
Raymond Jane $225,000 None Available
Raymond Jane $103,500 --
Raymond Jane $92,000 --
Raymond Jane $83,500 --
Raymond Jane $70,000 --
Raymond Jane $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Kelly London $700,000
Previous Owner Raymond Jane $202,500
Previous Owner Mcleod John $200,000
Previous Owner Mcleod John $50,000
Previous Owner Mcleod John $170,000
Previous Owner Mcleod John $139,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $875,000 -1.7% $802 / Sq Ft
10/13/2023 10/13/23 Price Changed $890,000 +14.8% $816 / Sq Ft
09/22/2023 09/22/23 For Sale $775,000 -- $710 / 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 $3,974 $616,857 -- $616,857
2023 $3,974 $495,962 $0 $495,962
2022 $3,520 $433,886 $0 $433,886
2021 $3,137 $314,908 $0 $314,908
2020 $2,931 $287,722 $0 $287,722
2019 $2,817 $273,360 $0 $273,360
2018 $2,752 $273,360 $0 $0
2017 $2,509 $237,393 $0 $0
2016 $2,375 $208,188 $0 $0
2015 $1,247 $113,981 $0 $0
2014 $1,267 $113,076 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 606738

Florida Keys Board of REALTORS®

APN: 00508231-001100