$730,000
SOLD JUN 10, 2025

111 Hibiscus Dr Key Largo, FL 33037

3 Beds
3 Baths
2,348 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$311 Per Sq Ft

13% Below List Price

109 Days on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Impact Glass
  • Coral Shores High School Rated A
  • Balcony
  • 1-minute walk to Key Largo Community Park

About This Home

As of June 2025

ANOTHER PRICE REDUCTION! Now offered for $749,000!! Sellers are MOTIVATED and ready to move forward! Located in a lovely Upper Keys neighborhood, this tastefully renovated home could be a family home or a great investment opportunity! With three bedrooms and two bathrooms upstairs and a ''bonus'' room and bathroom downstairs, there is plenty of room for everyone! This home offers a total of 2,348 SF of AC living space on a 5,000 SF parcel with a 256 SF shed, giving ample space for all your needs. On the upper level, there are two beautiful deck areas, totaling 376 SF, where you can relax after a long day of fishing! With coastal Keys finishes, concrete construction and impact doors and windows, you will feel a sense of calm as well as durability when you walk in! Property is in an X zone! A convenient oceanside marina is at the end of the street offering wet slip and dry rack boat storage and in/out service. This home is located in central Key largo near Jacobs Aquatic Center, Key Largo Park, fishing charters, plenty of shopping and is a quick commute to Miami. Contact me anytime to schedule a showing to view this fantastic home!

Last Agent to Sell the Property

Bonnie Oliver

Ocean Sotheby's International Realty License #3186690 Listed on: 01/18/2025

Ocean Sotheby's International Realty

Last Buyer's Agent

Bonnie Oliver

Ocean Sotheby's International Realty License #3186690 Listed on: 01/18/2025

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,968

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • Property is zoned IS - Improved Subivision District

Parking

  • Open Parking

Home Design

  • Metal Roof

Interior Spaces

  • 2,348 Sq Ft Home
  • Ceiling Fan
  • Storage

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Holiday Hmestes Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00531280-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,968

Year Built

Built in 1986 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4967.79
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking
  • Year Built: 1986
  • Alternate Key Number: 1650471
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2348.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Pantry, Smoke Alarms, Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Gas Appliances, Disposal, Microwave, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Laminate
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Shed
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Propane, Elect Separate Meter, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00531280-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2025
Closed on
Jun 10, 2025
Sold by
Higgins Elaine
Bought by
Casa Hibiscus Dr Llc
Seller's Agent
Bonnie Oliver
Ocean Sotheby's International Realty
Buyer's Agent
Bonnie Oliver
Ocean Sotheby's International Realty
List Price
$839,000
Sold Price
$730,000
Premium/Discount to List
-$109,000
-12.99%
Views
79
Current Estimated Value
$758,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,188
Avg. Annual Appreciation
6.87%
Original Mortgage
$584,000
Outstanding Balance
$582,501
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$175,687

Purchase Details

Closed on
Jan 25, 2024
Sold by
Higgins Elaine
Bought by
Higgins Elaine

Purchase Details

Closed on
Jan 16, 2024
Sold by
Higgins Elaine
Bought by
Kossove Megan and Mccready Mark

Purchase Details

Closed on
Dec 4, 2012
Sold by
Higgins Norman P
Bought by
Higgins Norman P and Higgins Elaine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $15,714 Coral Reef Title
Warranty Deed $15,714 Coral Reef Title
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $584,000 New Conventional
Closed $584,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2025 06/10/25 Sold $730,000 -2.5% $311 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
05/01/2025 05/01/25 Price Changed $749,000 -3.4% $319 / Sq Ft
04/04/2025 04/04/25 Price Changed $775,000 -5.4% $330 / Sq Ft
02/22/2025 02/22/25 Price Changed $819,000 -2.4% $349 / Sq Ft
01/18/2025 01/18/25 For Sale $839,000 -- $357 / 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
2025 $5,310 $613,282 $215,000 $398,282
2024 $4,968 $575,925 $250,000 $325,925
2023 $4,968 $565,111 $250,000 $315,111
2022 $4,434 $507,156 $183,750 $323,406
2021 $4,151 $420,902 $125,000 $295,902
2020 $4,191 $428,122 $125,000 $303,122
2019 $4,048 $438,011 $131,275 $306,736
2018 $3,652 $352,398 $99,738 $252,660
2017 $3,512 $359,617 $0 $0
2016 $1,309 $202,534 $0 $0
2015 $1,195 $169,245 $0 $0
2014 $1,468 $114,911 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 613213

Florida Keys Board of REALTORS®

APN: 00531280-000000