NOT LISTED FOR SALE

116 N Bounty Ln Key Largo, FL 33037

Estimated Value: $1,218,000 - $2,034,645

0.18 Acre
$8,176,147 Price per Acre
8,000 Sq Ft Lot

Last Sold October 20, 2020

Last sale price $670,000

Est. 125% increase in value since last sale

Current estimated payment $8,559/month

703 Days on Market

Highlights

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

About This Lot

As of October 2020

One of the last open water, cleared lots in prestigious Buccaneer Point. Surrounded by multi-million dollar homes, this 80-by-100-foot property (Lot 47) is 8,000 square feet and overlooks Buttonwood Sound to the north, and the waters of Everglades National Park to the northwest. A permit exists to trim the mangrove fringe down to six feet above the water for spectacular open water views. The first stage of the mangrove trim is complete. This parcel has a ROGO Tier 3 designation.

Last Agent to Sell the Property

Frederick Matthews

Ocean Sotheby's International Realty License #3353112 Listed on: 08/01/2018

Ocean Sotheby's International Realty

Last Buyer's Agent

Frederick Matthews

LoKation Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,794

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 80 x 100
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Cleared Lot

Property Views

  • Bay Views

Utilities

  • Underground Utilities
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00496131-009100

Community Details

Overview

  • Buccaneer Point Subdivision

Recreation

  • Mangrove Front

Property Details

Property Type

Land

Est. Annual Taxes

$4,794

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 5
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: 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
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4793.99
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1613215
  • Dockage Dock Permit: No
  • Lot Sq Ft: 8000.00
  • Species List: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Existing Utilities: Undergrnd Utilities, Water Line, Sewer, Electric on Site
  • Location Site: Water Frontage, Cleared Site, Mangrove
  • Lot Dimensions: 80 x 100
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Water Main Inquiry File: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE
  • Parcel Number: 00496131-009100
  • Land Size: 1/4 - 1/2 Acre
  • Building Permit: No Permit

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2025
Sold by
Lucas Paul
Bought by
116 N Bounty Llc
Current Estimated Value
$1,504,411

Purchase Details

Listed on
Aug 1, 2018
Closed on
Oct 20, 2020
Sold by
Golden Cane Properties Llc
Bought by
Lucas Paul
Seller's Agent
Frederick Matthews
Ocean Sotheby's International Realty
Buyer's Agent
Frederick Matthews
LoKation Real Estate
List Price
$825,000
Sold Price
$670,000
Premium/Discount to List
-$155,000
-18.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.72%

Purchase Details

Closed on
Aug 7, 2015
Sold by
Tenne Karen L
Bought by
Golden Cane Properties Llc

Purchase Details

Closed on
Mar 29, 1999
Sold by
Buccaneer Point Estates Inc
Bought by
Tenne Karen L

Purchase Details

Closed on
Jan 1, 1986
Bought by
Golden Cane Properties Llc
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
116 N Bounty Llc -- None Listed On Document
116 N Bounty Llc -- None Listed On Document
Lucas Paul $670,000 Key Title & Escrow
Golden Cane Properties Llc $550,000 Sunshine Title Of The Keys I
Tenne Karen L $105,000 --
Golden Cane Properties Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $670,000 -18.8% --
07/04/2020 07/04/20 Pending -- -- --
08/01/2018 08/01/18 For Sale $825,000 -- --
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 $6,520 $1,021,564 $1,021,564 --
2023 $6,520 $973,604 $973,604 $0
2022 $5,493 $779,366 $779,366 $0
2021 $4,837 $556,352 $556,352 $0
2020 $5,383 $618,591 $618,591 $0
2019 $5,128 $618,591 $618,591 $0
2018 $4,875 $588,616 $588,616 $0
2017 $5,145 $738,491 $0 $0
2016 $4,011 $422,197 $0 $0
2015 $1,822 $165,772 $0 $0
2014 $1,886 $165,985 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2020

    Frederick Matthews

    Ocean Sotheby's International Realty

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 581347

Florida Keys Board of REALTORS®

APN: 00496131-009100

Florida Monroe County Key Largo 33037

116 N Bounty Ln, Key Largo, FL

This home is located at 116 N Bounty Ln, Key Largo, FL 33037 since 01 August 2018 and is currently estimated at $1,504,411. 116 N Bounty Ln is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and Dolphin Montessori Children's House.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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