NOT LISTED FOR SALE

125 Ocean Bay Dr Key Largo, FL 33037

2 Beds
1 Bath
784 Sq Ft
5,045 Sq Ft Lot

Last Sold January 26, 2022

Last sale price $360,000 $459 Per Sq Ft

11 Days on Market

Highlights

  • No HOA
  • Workshop
  • Sliding Doors
  • Coral Shores High School Rated A
  • Screened Balcony
  • 1-minute walk to Schwingggg

About This Home

As of January 2022

INVESTOR OPPORTUNITY....Corner lot single family home in desirable subdivision in Key Largo situated on two lots offering 2bd/1.5ba with an adjoining workshop, which can be converted to living quarters, all nestled in mature foilage asking $400,000. Two adjoining vacant lots available for sale separately asking $185,000. OR purchase the entire parcel, all four lots, asking $560,000., allowing you room for addition or create a backyard oasis with a pool, tiki hut and outdoor kitchen, lots of possibilities. All located in an X FLOOD ZONE(no flood insurance required). House needs complete rehab. Would be a perfect residence or rental opportunity while you develop the adjoining two vacant lots. Small covered area can be removed from house so it does not encroach the vacant lots. Located near great restaurants and shopping. This is a great opportunity to purchase a home in the FL Keys!

Last Agent to Sell the Property

Lisa Frins

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #0672871 Listed on: 12/02/2021

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Diana Fiddes

Coldwell Banker Schmitt Key Largo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,713

Year Built

  • Built in 1970

Lot Details

  • 5,045

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 784 Sq Ft Home
  • Sliding Doors
  • Workshop

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Open Parking

Outdoor Features

  • Screened Balcony
  • Outdoor Storage

Utilities

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

Additional Features

  • 5,045 Sq Ft Lot
  • Ground Level

Community Details

  • No Home Owners Association
  • Lazy Lagoon Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00497210-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,713

Year Built

Built in 1970

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: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2713.33
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Open Parking
  • Year Built: 1970
  • Alternate Key Number: 1615099
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 5045.00
  • Porch Balcony: Screened P/B
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 784.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Refrigerator, Range, Oven
  • Specialty Rooms: Workshop
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Storage
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00497210-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.23

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2022 01/26/22 Sold $360,000 -10.0% $459 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $400,000 -- $510 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lisa Frins

    Seller's Agent in 2022

    Lisa Frins

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    (305) 522-1479

    85 in this area

    305 Total Sales

    Lisa Frins
    Section Image

  • D

    Buyer's Agent in 2022

    Diana Fiddes

    Coldwell Banker Schmitt Key Largo

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598669

Florida Keys Board of REALTORS®
Florida Monroe County Key Largo 33037

125 Ocean Bay Dr, Key Largo, FL

This home is located at 125 Ocean Bay Dr, Key Largo, FL 33037 since 02 December 2021. This property was built in 1970. 125 Ocean Bay Dr 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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