$1,794,000
SOLD SEP 3, 2024

116 5th Ln Key Largo, FL 33037

4 Beds
3 Baths
2,949 Sq Ft
0.25 Acres

Recently Sold

$608 Per Sq Ft

15% Below List Price

93 Days on Market

Highlights

  • Dock made with concrete
  • Boat Ramp
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Spa
  • 1-minute walk to Shadow Point

About This Home

As of September 2024

Welcome to waterfront living in the heart of Key Largo! This exceptional 4-bedroom, 3-bathroom residence sits on a generous lot, boasting over 300 feet of waterfront. Spanning almost 3,000 square feet, this spacious abode offers a perfect blend of comfort and luxury. Nestled on an expansive 11,000 square foot lot, this home is an entertainer's dream, providing ample space for gatherings and celebrations. Take advantage of the private boat ramp and boat davits, ensuring easy access to the sparkling waters that surround you. Safety is paramount, with storm shutters providing peace of mind during inclement weather. Unwind in the outdoor jacuzzi, surrounded by the serenity of the waterfront setting. This home is thoughtfully equipped with a chair lift and ramp, enhancing accessibility for elderly or disabled residents. Practicality meets style with plenty of storage options, allowing you to maintain a clutter-free and organized living space. Welcome home to Key Largo, where the best of waterfront living awaits you.

Last Agent to Sell the Property

David Lazcos

Real Estate Sales Force, Inc. License #30534073 Listed on: 03/13/2024

Real Estate Sales Force, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,542

Year Built

  • Built in 1990

Lot Details

  • 0.25 Acre Lot
  • Home fronts a canal

Home Design

  • Metal Roof

Interior Spaces

  • 2,949 Sq Ft Home
  • Ceiling Fan
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Fiberglass Pool

Outdoor Features

  • Davits
  • Seawall
  • Boat Ramp
  • Dock made with concrete
  • Balcony
  • Outdoor Kitchen
  • Gazebo

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Winston Waterway Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00547211-004900

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,542

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 165
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 102.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 9541.84
  • Year Built: 1990
  • Alternate Key Number: 1671185
  • Cooling Heating: Central Air, Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 11000.00
  • Pool Info: Fiberglass
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2949.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Davits, Boat Ramp
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Combo Construction
  • Exterior Features: Gazebo, Outdoor Kitchen, Hot Tub
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00547211-004900
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.25

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
Mar 13, 2024
Closed on
Aug 29, 2024
Sold by
Pino Roberto and Pino Pablo Antonio
Bought by
Ferreira Joseph M and Ferreira Aleksandra V
Seller's Agent
David Lazcos
Real Estate Sales Force, Inc.
Buyer's Agent
Creative Technology
List Price
$2,099,000
Sold Price
$1,794,000
Premium/Discount to List
-$305,000
-14.53%
Views
278
Current Estimated Value
$1,836,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,799
Avg. Annual Appreciation
4.19%
Original Mortgage
$1,325,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2024
Sold by
Pino Roberto and Pino Erlinda
Bought by
Pino Roberto and Pino Pablo Antonio

Purchase Details

Closed on
Apr 10, 2024
Sold by
Pino Roberto and Pino Erlinda
Bought by
Pino Roberto and Pino Erlinda

Purchase Details

Closed on
Aug 15, 2023
Sold by
Pino Roberto and Pino Erlinda
Bought by
Pino Roberto and Pino Pablo Antonio

Purchase Details

Closed on
Oct 1, 1980
Bought by
Pino Roberto and Pino Erlinda
Source: Public Records

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Range of Values:

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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 $1,794,000 Closing Firm
Quit Claim Deed -- None Listed On Document
Deed -- None Listed On Document
Deed -- Title Answers
Warranty Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,325,000 New Conventional
Previous Owner $0 New Conventional
Previous Owner $1,363,500 Unknown
Previous Owner $190,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $1,794,000 -8.0% $608 / Sq Ft
04/24/2024 04/24/24 Price Changed $1,949,000 -7.1% $661 / Sq Ft
03/13/2024 03/13/24 For Sale $2,099,000 -- $712 / 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 $9,542 $1,520,718 $896,569 $624,149
2023 $9,542 $1,314,132 $787,875 $526,257
2022 $8,352 $1,144,567 $672,375 $472,192
2021 $7,357 $819,561 $387,750 $431,811
2020 $7,175 $829,513 $387,750 $441,763
2019 $6,951 $859,544 $412,500 $447,044
2018 $6,768 $863,430 $412,500 $450,930
2017 $5,755 $650,302 $0 $0
2016 $5,422 $576,287 $0 $0
2015 $5,258 $572,360 $0 $0
2014 $4,658 $431,748 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 609182

Florida Keys Board of REALTORS®

APN: 00547211-004900