NOT LISTED FOR SALE

112 N Bounty Ln Key Largo, FL 33037

Estimated Value: $3,979,228 - $5,447,000

0.18 Acre
$25,564,168 Price per Acre
8,000 Sq Ft Lot

Last Sold February 08, 2012

Last sale price $265,000 $17 Per Sq Ft

Est. 1,675% increase in value since last sale

Current estimated payment $26,277/month

6 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Bay View
  • 1-minute walk to Schwingggg
  • Coral Shores High School Rated A

About This Lot

As of February 2012

BAY FRONT LOT WITH PERMITS FOR HOME AND DOCKAGE - Bay front lot in prestigious Buccaneer Point. Permitted for a 3148 square foot home with elevator. (Permit good through March 2014) Dock permit also approved with Corp of Engineers and DEP approval. This is a great opportunity to build your own dream on the fabulous Florida Bay with its magnificent sunsets and fabulous boating.

Last Agent to Sell the Property

SUE FINNEY

Glenn Hoover Real Estate Services South Florida, LLC License #3078454 Listed on: 01/10/2012

Last Buyer's Agent

Robert Valenzuela

Century 21 Circle- Islamorada License #656432

Century 21 Circle- Islamorada

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,783

Lot Details

  • 8,000 Sq Ft Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Property is zoned IS - Improved Subivision District

Property Views

  • Bay Views

Community Details

  • Buccaneer Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00496131-009000

Property Details

Property Type

Land

Est. Annual Taxes

$1,783

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 98.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1783.18
  • Alternate Key Number: 1613207
  • Dockage Dock Permit: Yes
  • Lot Sq Ft: 8000.00
  • Species List: No
  • Mandatory HOA: No
  • Location Site: Water Frontage
  • Miscellaneous Info Mobile Home Lot: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Bay Front, Gulf Front
  • Waterfront: Yes
  • Waterview: Bay View

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00496131-009000
  • Building Permit: Active Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2016
Sold by
Aco Home Services Inc
Bought by
Castillo Rene
Current Estimated Value
$4,703,807

Purchase Details

Listed on
Jan 10, 2012
Closed on
Feb 8, 2012
Sold by
Mcnair Maryellen
Bought by
Aco Home Services Inc
Seller's Agent
SUE FINNEY
Glenn Hoover Real Estate Services South Florida, LLC
Buyer's Agent
Robert Valenzuela
Century 21 Circle- Islamorada
List Price
$249,900
Sold Price
$265,000
Premium/Discount to List
$15,100
6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.40%

Purchase Details

Closed on
Sep 11, 2009
Sold by
Lombardi John T
Bought by
Lombardi John T and Mcnair Maryellen

Purchase Details

Closed on
Apr 7, 1999
Sold by
Buccaneer Point Estates Inc
Bought by
Lombardi John T and Lombardi Phyllis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
6.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 1, 1986
Bought by
Aco Home Services Inc
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 Buyer Sale Price Title Company
Castillo Rene -- Attorney
Aco Home Services Inc -- Coastal Title & Closing Serv
Aco Home Services Inc $265,000 Coastal Title & Closing Serv
Lombardi John T -- Attorney
Lombardi John T $80,000 --
Aco Home Services Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lombardi John T $61,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2012 02/08/12 Sold $265,000 +6.0% $17 / Sq Ft
01/16/2012 01/16/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $249,900 -- $16 / 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 $14,886 $1,874,748 -- --
2023 $14,886 $1,820,144 $0 $0
2022 $13,975 $1,767,131 $0 $0
2021 $14,333 $1,715,662 $0 $0
2020 $14,237 $1,691,975 $636,578 $1,055,397
2019 $14,455 $1,715,716 $649,658 $1,066,058
2018 $14,649 $1,705,055 $649,658 $1,055,397
2017 $14,716 $1,715,716 $0 $0
2016 $3,854 $500,223 $0 $0
2015 $3,296 $370,511 $0 $0
2014 $2,439 $227,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 556904

Florida Keys Board of REALTORS®

APN: 00496131-009000