NOT LISTED FOR SALE

121 Grassy Rd Key Largo, FL 33037

Estimated Value: $1,539,000 - $1,628,000

3 Beds
4 Baths
2,160 Sq Ft
$734/Sq Ft Est. Value

Last Sold December 19, 2024

Last sale price $1,525,000 $706 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,160/month

32 Days on Market

Highlights

  • Boat Lift
  • Building Security System
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Gulf View
  • Deck

About This Home

As of December 2024

Discover the ultimate waterfront living in this stunning turn-key home located in Key Largo, offering breathtaking views of Black Water Sound Bay with both sunrise and sunset vistas. This meticulously maintained property features impact windows and doors, a durable metal roof, and a gourmet kitchen equipped with KraftMaid cabinets, custom lighting, stainless steel appliances, and elegant quartz countertops.Boaters will appreciate the 60' of deep water dockage, complete with electric and water hookups, plus a 15,000 lb. boat lift. Outdoor entertaining is a breeze with two chickee huts, one featuring a summer type kitchen. Additional conveniences include a spacious workshop/storage area with a refrigerator, freezer, and ice maker, as well as two electric gated entrances, a brick-paved driveway, gas fire pit, and a fully fenced yard.Enjoy ample parking with two covered carports and additional open spaces. With immediate access to Florida Bay and quick Atlantic Ocean access for diving and world-class fishing, this property offers the best of the Keys lifestyle. Just 45 minutes from Miami, this is your chance to own a piece of paradise!

Last Agent to Sell the Property

Lisa Frins

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #0672871 Listed on: 10/23/2024

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Gamal Riquelme

Sunshine Brokers License #3222858

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,076

Year Built

  • Built in 2008

Lot Details

  • 6,420 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Property Views

  • Gulf
  • Canal

Home Design

  • Frame Construction
  • Metal Roof
  • HardiePlank Siding
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,160 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Ceiling Fan
  • French Doors
  • Entrance Foyer
  • Workshop
  • Storage
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Carport
  • Electric Gate
  • Open Parking

Outdoor Features

  • Outdoor Shower
  • Boat Lift
  • Balcony
  • Deck
  • Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage
  • Tiki or Chickee Hut
  • Attached Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00533770-000000

Community Details

Overview

  • No Home Owners Association
  • Lake Surprise Properties Subdivision
  • Rental Restrictions

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,076

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 106.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 10075.74
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Covered Parking, Open Parking, Attached
  • Year Built: 2008
  • Alternate Key Number: 1657271
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6420.00
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2160.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Split Bedroom, Built-in Cabinets, Quartz Countertops, Window Treatments, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Entrance Foyer
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Ice Machine, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Half Bathrooms: 2
  • Specialty Rooms: Laundry Room, Workshop, Utility Room
  • Windows/Doors: French Doors, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Concrete, Hardi Board Siding, Combo Construction, Frame
  • Exterior Features: Bar, Storage, Outdoor Shower, Outdoor Kitchen, Lighting, Rain Gutters, Fencing, Chickee Hut, Built-in Grill
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View, Canal View
  • Pool: No

Utilities

  • Security: Electric Gate, On Premises System, Secured Building
  • Utilities: FKAA, Cable Available, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00533770-000000
  • Lot Size: 60x107
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Dec 19, 2024
Sold by
Orlando J Sowma Revocable Trust and Sowma Orlando J
Bought by
Martinez Alvaro Pereira and Pinder Natasha
Seller's Agent
Lisa Frins
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Gamal Riquelme
Sunshine Brokers
List Price
$1,690,000
Sold Price
$1,525,000
Premium/Discount to List
-$165,000
-9.76%
Views
22
Current Estimated Value
$1,584,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,576
Avg. Annual Appreciation
3.33%
Original Mortgage
$1,220,000
Outstanding Balance
$1,207,510
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$377,066

Purchase Details

Listed on
Jul 14, 2021
Closed on
Jul 30, 2021
Sold by
Tonks Paul and Tonks Jean
Bought by
Sowma Orlando J and Orlando J Sowma Revocable Trus
Seller's Agent
David Deschino
Golden Bridge Collective LLC
Buyer's Agent
David Deschino
Golden Bridge Collective LLC
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%

Purchase Details

Closed on
Feb 8, 2016
Sold by
Tonks Paul and Tonks Jean
Bought by
Paul Tonks & Jean Tonks Living Trust and Tonks Jean

Purchase Details

Closed on
Dec 29, 2011
Sold by
Centennial Bank
Bought by
Tonks Paul and Tonks Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2010
Bought by
Tonks Paul And Jean Living Trust 5/30/2000

Purchase Details

Closed on
Dec 8, 2006
Sold by
Pappalardo Yvonne
Bought by
Bayview Development Llc

Purchase Details

Closed on
Jan 1, 1989
Bought by
Tonks Paul And Jean Living Trust 5/30/2000

Purchase Details

Closed on
Jun 1, 1988
Bought by
Tonks Paul And Jean Living Trust 5/30/2000

Purchase Details

Closed on
Feb 1, 1975
Bought by
Tonks Paul And Jean Living Trust 5/30/2000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Martinez Alvaro Pereira $1,525,000 Epic Title Group
Sowma Orlando J $1,300,000 Elite Title
Paul Tonks & Jean Tonks Living Trust -- Attorney
Tonks Paul $372,500 Coral Reef Title Company
Tonks Paul And Jean Living Trust 5/30/2000 $100 --
Bayview Development Llc $545,000 None Available
Tonks Paul And Jean Living Trust 5/30/2000 $80,000 --
Tonks Paul And Jean Living Trust 5/30/2000 $70,000 --
Tonks Paul And Jean Living Trust 5/30/2000 $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Alvaro Pereira $1,220,000
Previous Owner Tonks Paul $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2024 12/19/24 Sold $1,525,000 -9.8% $706 / Sq Ft
10/23/2024 10/23/24 For Sale $1,690,000 +30.0% $782 / Sq Ft
07/30/2021 07/30/21 Sold $1,300,000 0.0% $602 / Sq Ft View Prior Sale
07/14/2021 07/14/21 For Sale $1,300,000 -- $602 / 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 $11,177 $1,250,723 $632,074 $618,649
2024 $10,076 $1,375,036 $632,074 $742,962
2023 $10,076 $1,211,806 $497,914 $713,892
2022 $9,139 $1,135,872 $414,929 $720,943
2021 $3,941 $474,758 $0 $0
2020 $3,907 $468,204 $0 $0
2019 $3,821 $457,678 $0 $0
2018 $3,812 $449,145 $0 $0
2017 $3,723 $439,907 $0 $0
2016 $3,769 $430,859 $0 $0
2015 $3,813 $427,864 $0 $0
2014 $3,877 $424,468 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Frins

    Seller's Agent in 2024

    Lisa Frins

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    (305) 522-1479

    79 in this area

    280 Total Sales

    Lisa Frins
    Section Image

  • G

    Buyer's Agent in 2024

    Gamal Riquelme

    Sunshine Brokers

    (786) 402-7486

    1 in this area

    26 Total Sales

    Gamal Riquelme
    Section Image
  • David Deschino

    Seller's Agent in 2021

    David Deschino

    Golden Bridge Collective LLC

    (561) 963-3446

    3 in this area

    58 Total Sales

    David Deschino
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 611949

Florida Keys Board of REALTORS®

APN: 00533770-000000

Florida Monroe County Key Largo 33037

121 Grassy Rd, Key Largo, FL

Not Listed for Sale

Detached

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