$430,000
SOLD APR 12, 2024

119 Poinciana Dr Key Largo, FL 33037

2 Beds
1 Bath
840 Sq Ft
5,500 Sq Ft Lot

Recently Sold

$512 Per Sq Ft

4% Below List Price

22 Days on Market

Highlights

  • No HOA
  • Screened Patio
  • Shed
  • Coral Shores High School Rated A
  • Storage
  • 1-minute walk to Key Largo Community Park

About This Home

As of April 2024

Attention Investors: Unleash the Potential of this Key Largo Gem! Nestled in the heart of Key Largo, this conch-style home presents an exciting redevelopment opportunity. Priced to sell, this property boasts enormous potential with its prime location and solid foundation. In need of some TLC, this handyman special offers the chance to craft your dream retreat. Concrete home in an X zone! Spacious double lot.The possibilities are endless. Call today to schedule a tour.

Last Agent to Sell the Property

Shelby Morris

American Caribbean Real Estate, Christie's International Real Estate License #3450732 Listed on: 02/20/2024

Co-Listed By

Amy Bruggeman

American Caribbean Real Estate, Christie's International Real Estate License #3387593

Last Buyer's Agent

Anthony Garcia

The Keyes Company License #654683

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,117

Year Built

  • Built in 1944

Lot Details

  • 5,500 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Fixer Upper
  • Tar and Gravel Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 840 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Storage
  • Utility Room
  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Screened Patio
  • Shed

Utilities

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

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00531530-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,117

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • 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
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Other Terms
  • Side: Ocean
  • State Province: FL
  • Taxes: 3117.32
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking
  • Year Built: 1944
  • Alternate Key Number: 1650722
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Lot Sq Ft: 5500.00
  • Porch Balcony: Screened Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 840.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Storage
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Oven
  • Specialty Rooms: Utility Room
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Concrete
  • Exterior Features: Shed
  • Roof: Tar/Gravel Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00531530-000000
  • Lot Size: 50x100
  • Land Size: More than 1 Lot
  • Acres: 0.13

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
Feb 20, 2024
Closed on
Apr 12, 2024
Sold by
Reid Family Trust and Reid Bess S
Bought by
Garcia Property Holdings Llc
Seller's Agent
Shelby Morris
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Anthony Garcia
The Keyes Company
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.65%
Original Mortgage
$344,000
Outstanding Balance
$340,424
Interest Rate
6.88%
Mortgage Type
Balloon
Estimated Equity
$245,897

Purchase Details

Closed on
Oct 25, 2004
Sold by
Reid Carl V and Reid Bess S
Bought by
Reid Carl V and The Reid Family Trust
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 $430,000 Home Partners Title Services
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $344,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $588,000 -0.2% $588 / Sq Ft
06/02/2025 06/02/25 Price Changed $589,000 -1.5% $589 / Sq Ft
05/19/2025 05/19/25 Price Changed $598,000 -2.7% $598 / Sq Ft
04/29/2025 04/29/25 For Sale $614,900 +43.0% $615 / Sq Ft
04/12/2024 04/12/24 Sold $430,000 -4.4% $512 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $450,000 -- $536 / 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 $3,117 $377,385 $247,500 $129,885
2023 $3,117 $378,444 $258,500 $119,944
2022 $2,747 $311,743 $189,998 $121,745
2021 $2,504 $235,202 $129,250 $105,952
2020 $2,433 $235,979 $129,250 $106,729
2019 $2,389 $246,050 $136,290 $109,760
2018 $2,184 $199,684 $104,156 $95,528
2017 $2,114 $201,195 $0 $0
2016 $1,921 $147,892 $0 $0
2015 $1,792 $116,377 $0 $0
2014 $1,770 $109,555 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 608824

Florida Keys Board of REALTORS®

APN: 00531530-000000