NOT LISTED FOR SALE

12 7th St Key Largo, FL 33037

Estimated Value: $732,222 - $825,000

2 Beds
2 Baths
896 Sq Ft
$886/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $529,999 $592 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,640/month

151 Days on Market

Highlights

  • Beach
  • Dock made with wood
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Boat Slip
  • Furnished

About This Home

As of March 2021

Money maker! Long established and successful weekly vacation rental. Seller grossed $60K in 2019. This 2 bedroom, 2 bath waterfront half duplex was renovated in 2018. White kitchen cabinets and granite countertops. Sunny and bright interior. Tile floors throughout. Screened patio. Nice water views, no neighbors across the canal! Approx. 34' x 15' boat slip, owner says up to 50' boat permitted. Paver driveway and walkway. 9 hole golf course (Par 3) is right across the street. Key Colony Beach is a resort community offering many amenities such as Sunset Park (beach), several restaurants, 9-hole golf course, playground, tennis courts and more. Purchase a membership at the Cabana Club, an oceanfront club with pool and beautiful beach.

Last Agent to Sell the Property

Amy Puto

Coldwell Banker Schmitt Real Estate Co. License #3012615 Listed on: 08/17/2020

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Karen Raspe

Island Breeze Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,786

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 2,423 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Half Duplex

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Boat Slip
  • Dock made with wood
  • Screened Patio

Location

  • Ground Level

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00077830-000100

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch Yacht Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,786

Year Built

Built in 1963 | Remodeled

Lot Details

2,423 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features, Tennis Courts, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3786.48
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking, Open Parking
  • Year Built: 1963
  • Alternate Key Number: 9080376
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 2423.00
  • Porch Balcony: Screened Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 1 Story
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 896.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Refrigerator, Range, Oven, Microwave
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Other Windows/Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Other Roof
  • Waterview: Canal View, Open Water View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Municipal Sewer, Water Separate Meter, Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00077830-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Mar 10, 2021
Sold by
Sylvia M Puto Property Trust and Waldera Christopher B
Bought by
Lutz James Carl and Brazzon Amy Marie
Seller's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Karen Raspe
Island Breeze Realty, LLC
List Price
$545,000
Sold Price
$529,999
Premium/Discount to List
-$15,001
-2.75%
Current Estimated Value
$794,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,057
Avg. Annual Appreciation
8.47%
Original Mortgage
$477,000
Outstanding Balance
$423,693
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$370,363

Purchase Details

Listed on
Aug 17, 2020
Closed on
Mar 3, 2021
Sold by
Ambrosio John E and Ambrosio Aileen C
Bought by
Lutz James Carl and Brazzon Amy Marie
Seller's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Karen Raspe
Island Breeze Realty, LLC
List Price
$545,000
Sold Price
$529,999
Premium/Discount to List
-$15,001
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Outstanding Balance
$423,693
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$370,363

Purchase Details

Closed on
Sep 30, 2010
Sold by
Banko Robert R
Bought by
Ambrosio John E and Ambrosio Aileen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2009
Sold by
Banko Robert R
Bought by
Tampa Robert S and Tampa Dina

Purchase Details

Closed on
Nov 18, 2004
Sold by
Donelson Richard and Donelson Carolyn
Bought by
Banko Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Lutz James Carl -- None Listed On Document
Lutz James Carl $529,999 Attorney
Ambrosio John E $300,000 Attorney
Tampa Robert S $290,000 Attorney
Banko Robert R $545,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutz James Carl $477,000
Previous Owner Ambrosio John E $225,000
Previous Owner Banko Robert R $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2021 03/04/21 Sold $529,999 -1.8% $592 / Sq Ft
11/28/2020 11/28/20 Price Changed $539,900 -0.9% $603 / Sq Ft
08/17/2020 08/17/20 For Sale $545,000 -- $608 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $6,586 $642,072 $428,787 $213,285
2024 $6,032 $655,072 $448,167 $206,905
2023 $6,032 $600,203 $400,928 $199,275
2022 $5,376 $509,766 $307,758 $202,008
2021 $4,220 $387,780 $198,745 $189,035
2020 $3,698 $334,415 $184,110 $150,305
2019 $3,786 $349,622 $196,223 $153,399
2018 $3,332 $309,543 $188,955 $120,588
2017 $3,577 $356,743 $0 $0
2016 $3,360 $307,551 $0 $0
2015 $3,252 $296,881 $0 $0
2014 $3,086 $275,676 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592126

Florida Keys Board of REALTORS®

APN: 00077830-000100

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