$176,000
SOLD FEB 2, 2015

Key Largo, FL 33037

0.2 Acre
$880,000 Price per Acre
8,575 Sq Ft Lot

Recently Sold

$21 Per Sq Ft

12% Below List Price

360 Days on Market

Highlights

  • Home fronts a canal
  • No HOA
  • 1-minute walk to Schwingggg
  • Coral Shores High School Rated A
  • Landscaped with Trees

About This Lot

As of March 2024

Great building lot with direct access to the Atlantic Ocean. Comes with complete set of plans for a 2158 square foot 4BR 3BA CBS Home. Water, Sewer & Electric at street.

Last Agent to Sell the Property

Jose Flores

MMLS Assoc.-Inactive Member License #3267996 Listed on: 08/29/2014

Last Buyer's Agent

Jose Flores

MMLS Assoc.-Inactive Member License #3267996 Listed on: 08/29/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $691

Lot Details

  • 8,575 Sq Ft Lot
  • Lot Dimensions are 70x122.5
  • Home fronts a canal
  • West Facing Home
  • Landscaped with Trees

Home Design

  • 8,575 Sq Ft Home

Community Details

  • No Home Owners Association
  • Key Largo Ocean Shores Condos
  • Key Largo Ocean Shores Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$691

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Directions: US #1 TO MM 100. EAST AT THE TRAFFIC LIGHT ON ATLANTIC, RIGHT TO HOMESTEAD AVENUE, THEN LEFT AT THE STOP SIGN ON OCEAN BAY. GO PAST KEY LARGO FISHERIES THEN RIGHT ON OCEAN SHORES. SIGN ON PROPERTY.
  • Horses: No
  • Inclusions: Other
  • Lot Size Acres: 0.2
  • Lot Size: 70x122.5
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Structure Type: Residential
  • Subdivision Name: Key Largo Ocean Shores
  • Special Features: None

Interior Features

  • Possible Use: Primary

Exterior Features

  • Direction Faces: West
  • Lot Features: Other Location, Less Than 1/4 Acre Lot, Other, Street Lights
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Key Largo Ocean Shores

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Sewer Connected, Electricity Available, Other, Sewer Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 8575
  • Zoning: R
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 691

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Mar 4, 2024
Sold by
Dorchak Michael A and Dorchak Courtney June
Bought by
Faz Albert Luis
Seller's Agent
Wendy Ives
RE/MAX All Keys Real Estate
Buyer's Agent
Jane Wasmund
Coldwell Banker Schmitt Key Largo
List Price
$2,270,000
Sold Price
$1,650,000
Premium/Discount to List
-$620,000
-27.31%
Views
38
Current Estimated Value
$1,651,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,474
Avg. Annual Appreciation
0.06%
Original Mortgage
$1,237,500
Outstanding Balance
$1,216,800
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$434,674

Purchase Details

Closed on
Mar 13, 2020
Sold by
Dorchak Michael A and Smith Courtney J
Bought by
Dorchak Michael A and Dorchak Courtney June

Purchase Details

Listed on
Aug 29, 2014
Closed on
Jan 23, 2015
Sold by
Sykes Charles R and Sykes Rhoda
Bought by
Dorchak Michael A and Smith Courtney J
Seller's Agent
Jose Flores
MMLS Assoc.-Inactive Member
Buyer's Agent
Jose Flores
MMLS Assoc.-Inactive Member
List Price
$199,000
Sold Price
$176,000
Premium/Discount to List
-$23,000
-11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.35%
Original Mortgage
$100,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 28, 2007
Sold by
Perozo Nina
Bought by
Sykes Charles R and Sykes Rhoda

Purchase Details

Closed on
Feb 1, 1971
Bought by
Dorchak Michael A
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $1,650,000 Coral Reef Title
Warranty Deed $1,650,000 Coral Reef Title
Interfamily Deed Transfer -- Attorney
Warranty Deed $176,000 Attorney
Warranty Deed $205,000 Attorney
Deed $4,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,237,500 New Conventional
Closed $1,237,500 New Conventional
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $1,650,000 -8.3% $793 / Sq Ft
01/17/2024 01/17/24 Price Changed $1,799,000 -20.7% $864 / Sq Ft
12/04/2023 12/04/23 For Sale $2,270,000 +1189.8% $1,090 / Sq Ft
02/02/2015 02/02/15 Sold $176,000 0.0% $21 / Sq Ft
01/23/2015 01/23/15 Sold $176,000 -11.6% $21 / Sq Ft
12/07/2014 12/07/14 Pending -- -- --
12/07/2014 12/07/14 Pending -- -- --
12/12/2013 12/12/13 For Sale $199,000 0.0% $23 / Sq Ft
12/12/2013 12/12/13 For Sale $199,000 -- $23 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $7,108 $865,431 -- --
2023 $7,108 $840,225 $0 $0
2022 $6,694 $815,753 $0 $0
2021 $6,838 $791,994 $0 $0
2020 $6,795 $781,060 $300,125 $480,935
2019 $1,787 $176,868 $175,788 $1,080
2018 $1,824 $176,913 $175,788 $1,125
2017 $1,763 $176,957 $0 $0
2016 $1,649 $149,179 $0 $0
2015 $984 $137,634 $0 $0
2014 $719 $57,881 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2024

    Wendy Ives

    RE/MAX

    (305) 394-1376

    37 in this area

    49 Total Sales

    Wendy Ives
    Section Image
  • Jane Wasmund

    Seller Co-Listing Agent in 2024

    Jane Wasmund

    RE/MAX

    (305) 451-7704

    41 in this area

    53 Total Sales

    Jane Wasmund
    Section Image

  • J

    Seller's Agent in 2015

    Jose Flores

    MMLS Assoc.-Inactive Member

  • J

    Seller's Agent in 2015

    Jim Larson

    Keller Williams Realty Premier Properties - Kendall

    Section Image

  • C

    Buyer's Agent in 2015

    Courtney Smith

    Vaughn Realty & Assoc.

See All Agents

Source: MIAMI REALTORS® MLS

MLS Number: A1998271

MIAMI REALTORS® MLS

APN: 00498930-000000

Florida Monroe County Key Largo

33037

This home and is currently priced at $176,000, approximately $20 per square foot. This home is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and Dolphin Montessori Children's House.

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