NOT LISTED FOR SALE

131 Point Pleasant Dr Key Largo, FL 33037

Estimated Value: $1,004,000 - $1,506,820

5 Beds
3 Baths
3,035 Sq Ft
$406/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $959,800 $316 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,097/month

209 Days on Market

Highlights

  • Gulf View
  • Outdoor Kitchen
  • Balcony
  • Coral Shores High School Rated A
  • No HOA
  • 1-minute walk to Schwingggg

About This Home

As of March 2024

Opportunity knocks at this tri-level concrete home with views of the fabulous Florida Bay. This extra large lot includes an active building permit to build a second home, Yes two homes! Enjoy as a family or investor compound, live in one and rent the other or build, split and sell one off. So many possibilities! Great location at mile marker 99 in Key Largo and directly across the street from multi-million dollar luxury Bayfront homes. Key Largo sailing club located at the end of the street, restaurants, shopping, charter boats, Key Largo Park and Jacobs Aquatic Center all within close proximity. Currently set up as 3 separate apartments and rented to excellent long term tenants who would like to stay. Call for more details! 24 hour notice required for showings as it is tenant occupied. Impact windows and doors. This is part of an estate sale and is subject to probate court approval.

Last Agent to Sell the Property

Jaclyn Kelley, Broker

Better Homes and Gardens Real Estate Destinations License #3157271 Listed on: 08/04/2023

Better Homes and Gardens Real Estate Destinations

Co-Listed By

Samantha Arce

Better Homes and Gardens Real Estate Destinations License #3564971

Last Buyer's Agent

Erin Kiel

LPT Realty, LLC License #3443309

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,322

Year Built

  • Built in 1965

Lot Details

  • 0.26 Acre Lot
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,035 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Tile Flooring
  • Gulf Views
  • Impact Glass

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Kitchen

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Point Pleasant Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00496350-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,322

Year Built

Built in 1965

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
  • Document Count: 1
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 99.50
  • 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: Bay/Gulf
  • State Province: FL
  • Taxes: 4321.89
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Trailer Storage, Off Street Parking, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1965
  • Alternate Key Number: 1614262
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 11250.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 3035.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Elevator
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: More Appliances, Microwave, Range, Dryer, Washer
  • Floor: Tile, Combo
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 5
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Combo Construction, Concrete
  • Exterior Features: Fencing, Outdoor Kitchen
  • Roof: Shingle Roof, Combo Roof
  • Waterview: Bay/Gulf View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: X
  • Parcel Number: 00496350-000000
  • Lot Size: 75 X 150
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.26

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Mar 13, 2024
Sold by
Dowell Gregory L
Bought by
Mkc Properties Llc
Seller's Agent
Jaclyn Kelley, Broker
Better Homes and Gardens Real Estate Destinations
Buyer's Agent
Erin Kiel
LPT Realty, LLC
List Price
$1,500,000
Sold Price
$959,800
Premium/Discount to List
-$540,200
-36.01%
Views
235
Current Estimated Value
$1,233,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,905
Avg. Annual Appreciation
18.49%
Original Mortgage
$719,850
Outstanding Balance
$709,266
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$524,439

Purchase Details

Closed on
Feb 18, 2022
Sold by
Dowell Gregory L
Bought by
Amended Plat Of Pt Pleasant Key Largo

Purchase Details

Closed on
Aug 13, 2008
Sold by
Dowell Gregory L and Saylor Deborah Ann
Bought by
Dowell Gregory L

Purchase Details

Closed on
Feb 23, 2006
Sold by
Dowell Gregory L and Saylor Deborah Ann
Bought by
Dowell Gregory L and Saylor Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 19, 2005
Sold by
Peifer Ronald P
Bought by
Dowell Gregory L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
11%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 7, 2003
Sold by
Steinacker Deleno and Steinacker Synthia
Bought by
Dowell Gregory L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,700
Interest Rate
5.95%
Mortgage Type
VA

Purchase Details

Closed on
Nov 7, 1997
Sold by
Cressman Kerry T
Bought by
Steinacker Deleno A and Steinacker Synthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1988
Bought by
Dowell Gregory L
Source: Public Records

Range of Values:

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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
Mkc Properties Llc $959,800 None Listed On Document
Amended Plat Of Pt Pleasant Key Largo -- None Listed On Document
Dowell Gregory L -- Attorney
Dowell Gregory L -- None Available
Dowell Gregory L -- --
Dowell Gregory L $235,000 Coral Reef Title Company
Steinacker Deleno A $138,000 --
Dowell Gregory L $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mkc Properties Llc $719,850
Previous Owner Dowell Gregory L $800,000
Previous Owner Dowell Gregory L $200,000
Previous Owner Dowell Gregory Leon $99,300
Previous Owner Dowell Gregory L $145,390
Previous Owner Dowell Gregory L $81,200
Previous Owner Dowell Gregory L $649,600
Previous Owner Dowell Gregory L $95,000
Previous Owner Dowell Gregory L $514,500
Previous Owner Dowell Gregory L $73,500
Previous Owner Dowell Gregory L $61,800
Previous Owner Dowell Gregory L $30,000
Previous Owner Dowell Gregory L $348,000
Previous Owner Dowell Gregory L $65,200
Previous Owner Dowell Gregory L $239,700
Previous Owner Steinacker Deleno A $110,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $959,800 -12.7% $316 / Sq Ft
12/28/2023 12/28/23 Price Changed $1,100,000 -13.7% $362 / Sq Ft
11/14/2023 11/14/23 Price Changed $1,275,000 -3.8% $420 / Sq Ft
10/12/2023 10/12/23 Price Changed $1,325,000 -5.4% $437 / Sq Ft
08/28/2023 08/28/23 Price Changed $1,400,000 -6.7% $461 / Sq Ft
08/04/2023 08/04/23 For Sale $1,500,000 -- $494 / 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 $4,661 $877,127 $390,308 $486,819
2023 $4,661 $591,648 $0 $0
2022 $4,322 $577,035 $0 $0
2021 $3,765 $413,169 $0 $0
2020 $3,800 $414,428 $0 $0
2019 $3,626 $392,172 $0 $0
2018 $3,523 $373,050 $0 $0
2017 $3,488 $373,615 $0 $0
2016 $3,353 $341,433 $0 $0
2015 $3,478 $366,442 $0 $0
2014 $3,193 $305,897 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 606224

Florida Keys Board of REALTORS®

APN: 00496350-000000