NOT LISTED FOR SALE

11 N Bounty Ln Key Largo, FL 33037

Estimated Value: $2,403,000 - $4,798,000

3 Beds
3 Baths
1,764 Sq Ft
$2,032/Sq Ft Est. Value

Last Sold January 20, 2016

Last sale price $2,025,000 $1,148 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $20,542/month

235 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Boat Lift
  • In Ground Pool
  • Coral Shores High School Rated A
  • Sandy Beach
  • 1-minute walk to Schwingggg

About This Home

As of January 2016

Buccaneer Point's newest Bay Front home on exclusive Bounty Lane is a spectacular remodeled home with Island Colonial inspired decor and design. As you enter, you're greeted with dramatic views of the Florida Bay and fabulous sunsets every night of the year. Enjoy this beautiful turn key home with Old Florida charm.

Last Agent to Sell the Property

TEAM Walters Gloria, Rachel and Michae

Ocean Sotheby's International Realty License #0662034 Listed on: 05/14/2015

Last Buyer's Agent

Susan Recarey

Coldwell Banker Schmitt Key Largo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,388

Year Built

  • Built in 1977

Lot Details

  • 0.41 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Fenced
  • Sprinkler System
  • Property is zoned IS - Improved Subivision District

Property Views

  • Ocean
  • Gulf

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,764 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Workshop
  • Storage

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Guest Parking
  • Open Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Boat Lift
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Screened Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Attached Grill

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Buccaneer Point Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00496131-014100

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,388

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Composite
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Largo
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 98.00
  • 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: 9388.20
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Open Parking
  • Year Built: 1977
  • Alternate Key Number: 1613711
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 17800.00
  • Pool Info: In Ground
  • Porch Balcony: Deck, Screened Patio, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1764.00
  • Pre Wired: Cable, Satellite
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Walk-in Closet(s), Storage, Split Bedroom, Drapes/Blinds Incl, Entrance Foyer, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Wine Cooler, Oven, Refrigerator, Microwave, Dryer, Disposal
  • Floor: Carpet, Tile, Marble
  • Specialty Rooms: Laundry Room, Workshop
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Sq Ft Remarks: Oversized parcel with 90' of sandy beach on the Gulf

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Bay Front, Gulf Front, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Bar, Sandy Beach, Sprinkler System, Outdoor Kitchen, Fencing, Lighting, Hot Tub, Built-in Grill
  • Roof: Concrete Roof
  • Waterview: Bay/Gulf View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: Community Swr Plant, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00496131-014100
  • Lot Size: 90'X205'
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.41

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2015
Closed on
Jan 20, 2016
Sold by
Strafaci Frank D and Strafaci Jill R
Bought by
Stuart Andrew C and Stuart Allison S
Seller's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
Buyer's Agent
Susan Recarey
Coldwell Banker Schmitt Key Largo
List Price
$2,650,000
Sold Price
$2,025,000
Premium/Discount to List
-$625,000
-23.58%
Current Estimated Value
$3,585,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,560,181
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Jun 25, 1998
Sold by
Fuhr Virginia E
Bought by
Strafaci Frank D and Strafaci Jill R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,000
Interest Rate
7.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1980
Bought by
Stuart Andrew C and Stuart Allison S

Purchase Details

Closed on
May 1, 1978
Bought by
Stuart Andrew C and Stuart Allison S
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
Stuart Andrew C $2,025,000 Attorney
Strafaci Frank D $520,000 --
Stuart Andrew C $205,000 --
Stuart Andrew C $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strafaci Frank D $200,000
Previous Owner Strafaci Frank D $500,000
Previous Owner Strafaci Frank D $519,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2016 01/20/16 Sold $2,025,000 -23.6% $1,148 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
05/14/2015 05/14/15 For Sale $2,650,000 -- $1,502 / 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 $18,406 $3,016,660 $2,448,154 $568,506
2023 $18,406 $2,730,796 $2,172,918 $557,878
2022 $15,839 $2,311,128 $1,738,334 $572,794
2021 $13,683 $1,595,667 $1,071,973 $523,694
2020 $13,589 $1,572,907 $1,057,487 $515,420
2019 $13,860 $1,603,143 $1,079,216 $523,927
2018 $14,166 $1,607,214 $1,079,216 $527,998
2017 $14,228 $1,617,332 $0 $0
2016 $11,612 $1,408,533 $0 $0
2015 $10,035 $1,065,278 $0 $0
2014 $9,388 $951,905 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 567483

Florida Keys Board of REALTORS®

APN: 00496131-014100