$2,300,000
UNDER CONTRACT

127 Seaside Ave Key Largo, FL 33037

Estimated payment $13,973/month

Total Views 16,034
4 Beds
2 Baths
1,716 Sq Ft
$1,340 Price per Sq Ft

Highlights

  • Hot Property
  • Ocean Front
  • No HOA
  • Coral Shores High School Rated A
  • Dock made with concrete
  • 1-minute walk to Sunset Point Park 2

About This Home

Your Investment Paradise or Forever Dream Home Awaits! This extraordinary, income-producing oceanfront property that offers a rare opportunity to enjoy your very own vacation retreat while generating rental income when you're not using it. Located on a commercially zoned lot, this unique two-story solid concrete residence features four bedrooms and two bathrooms, thoughtfully renovated for modern living. Each level is independent, with two bedrooms and one bathroom per floor--perfect for flexible living or renting arrangements. Importantly, this zoning allows for LEGAL short-term rentals, making it an ideal investment opportunity.With new impact windows, doors, and a poured concrete roof, you'll enjoy both safety and peace of mind. Situated in a prime oceanfront location, the property boasts direct ocean access, over 100 feet of dock space, and bay bottom ownership--making it a boater's dream come true. Its spacious indoor and outdoor living areas offer stunning views, while being within walking distance to a popular local restaurant adds convenience and charm.Just one hour from Miami, this home is truly an exceptional find for those seeking lifestyle and investment potential in equal measure. Don't miss the chance to make this dream property yours!

Listing Agent

The Lazcos Team David and Publio Lazcos

Real Estate Sales Force, Inc. License #30534073

Real Estate Sales Force, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,668

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 0.5 Acre Lot
  • Ocean Front
  • Property is zoned SC - Sub Urban Commercial District

Home Design

  • Split Level Home
  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,716 Sq Ft Home
  • Tile Flooring
  • Water Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Dock made with concrete
  • Balcony

Utilities

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

Community Details

  • No Home Owners Association
  • Seaside Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00492230-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,668

Year Built

Built in 1962 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: Yes
  • Mandatory HOA: No
  • Contingent: Contingent
  • Control Depth: 6
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 94.50
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 14667.80
  • Vehicle Storage: Open Parking, Off Street Parking
  • Year Built: 1962
  • Alternate Key Number: 1608441
  • Building Style: Split Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 21250.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1716.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Roof: Concrete Roof
  • Waterview: Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,VE,VE,AE,AE
  • Parcel Number: 00492230-000000
  • Lot Size: 50' x 425' including 0.2 AC of ocean bottom
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.50

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 2.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10,069 $2,430,612 $2,076,645 $353,967
2023 $10,069 $1,066,880 $715,834 $351,046
2022 $9,121 $910,471 $551,235 $359,236
2021 $8,567 $792,007 $505,300 $286,707
2020 $8,591 $785,888 $495,730 $290,158
2019 $8,112 $752,976 $459,366 $293,610
2018 $7,906 $754,208 $459,366 $294,842
2017 $7,415 $733,500 $0 $0
2016 $7,126 $690,019 $0 $0
2015 $6,604 $563,796 $0 $0
2014 $6,163 $453,506 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 For Sale $2,300,000 -- $1,340 / Sq Ft
Source: Florida Keys Board of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed $975,000 Attorney
Warranty Deed $185,000 --
Warranty Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,686,750 New Conventional
Closed $600,000 Commercial
Closed $100,000 New Conventional
Previous Owner $115,000 Commercial
Source: Public Records

About the Listing Agent

The Lazcos Team David and Publio Lazcos

Real Estate Sales Force, Inc.

(786) 917-5168

Section Image

As a father and son team, Frank and David, have been helping buyers and sellers for close to 30 years. In that time, their family, has helped many people achieve their goals in real estate throughout South Florida.
Frank and David are passionate about serving others. When it comes to real estate their goal is to exceed expectations and bring smiles to all at closing. With Frank's many years of experience and David's military background, they have instilled core values such as commitment,

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Source: Florida Keys Board of REALTORS®

MLS Number: 614673

Florida Keys Board of REALTORS®

APN: 00492230-000000