NOT LISTED FOR SALE

133 Lowe St Key Largo, FL 33037

Estimated Value: $3,297,000 - $7,370,169

7 Beds
8.5 Baths
5,445 Sq Ft
$980/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $6,700,000 $1,230 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $33,142/month

547 Days on Market

Highlights

  • Ocean Front
  • Detached Guest House
  • Lap Pool
  • Plantation Key School Rated A-
  • Dock made with wood
  • 1-minute walk to Old Settler's Park

About This Home

As of July 2020

BALLAST TRAIL is a contemporary masterpiece with vast and uninterrupted ocean views. This custom built home is a 5 bedroom, 6.5 bath remarkable example of minimalism with a floor plan that is laid out expertly. A warm, welcoming ambiance is evident throughout the home. This home has spacious living areas ideal for entertaining, is a state-of-the-art smart house and has an expansive solar panel system. Located on 4 wooded acres, this property is extremely private with a drive that extends more than 700' and enjoys 190' on the ocean. The guest house is a remodeled and historic 2B/2B, 1936 Red Cross house. Outdoor amenities include an infinity edge pool that extends along the rear of the main house, extensive entertaining decks, an outdoor Summer kitchen and deep-water dockage.

Last Agent to Sell the Property

Kelly Shaw Pa

American Caribbean Real Estate, Christie's International Real Estate License #0583328 Listed on: 12/26/2018

Co-Listed By

Trent Shaw

American Caribbean Real Estate, Christie's International Real Estate License #3265326

Last Buyer's Agent

Pierre Bellion

Ocean Sotheby's International Realty License #3301978

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,536

Year Built

  • Built in 2020

Lot Details

  • 4.04 Acre Lot
  • Ocean Front
  • Fenced
  • Property is zoned SR - Sub Urban Residential District

Home Design

  • Concrete Roof
  • Metal Roof

Interior Spaces

  • 5,445 Sq Ft Home
  • Bar
  • Skylights
  • Blinds
  • Storage
  • Dryer
  • Wood Flooring
  • Ocean Views

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Home Security

  • Home Security System
  • Impact Glass

Parking

  • Carport
  • Guest Parking

Pool

  • Lap Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Dock made with wood
  • Balcony
  • Outdoor Kitchen
  • Lanai
  • Exterior Lighting

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Additional Features

  • Solar Power System
  • Detached Guest House

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00090220-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,536

Year Built

Built in 2020

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
  • Control Depth: 4
  • Dockage Dock: Wood
  • Document Count: 2
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 91.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 27536.18
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Guest Parking, Covered Parking
  • Year Built: 2020
  • Alternate Key Number: 1102148
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 89250.00
  • Pool Info: Decked, Lap
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 5445.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Storage, Walk-in Closet(s), Security System, Sky Light(s), Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 9.00
  • Full Bathrooms: 8
  • Appliances: Dishwasher, Oven, Refrigerator, Microwave, Freezer, Ice Machine, Gas Appliances, Dryer
  • Floor: Wood
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 7
  • Sq Ft Remarks: 4,500 Main House 945 Guest House

Exterior Features

  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Bar, Outdoor Kitchen, Outdoor Shower, Lanai, Lighting, Fencing, Detached Guest Qtrs
  • Roof: Concrete Roof, Metal Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Solar Power, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE, VE
  • Parcel Number: 00090220-000000
  • Lot Size: 4 Acres
  • Land Size: 2 Less Than 5 Acres
  • Acres: 4.04

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2018
Closed on
Jul 9, 2020
Sold by
Ballast Trail Llc
Bought by
Mcdonough Scott and Kelly Michael
Seller's Agent
Kelly Shaw Pa
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Pierre Bellion
Ocean Sotheby's International Realty
List Price
$7,950,000
Sold Price
$6,700,000
Premium/Discount to List
-$1,250,000
-15.72%
Current Estimated Value
$5,333,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,366,415
Avg. Annual Appreciation
-4.24%

Purchase Details

Closed on
Jun 13, 2011
Sold by
Molinari Ronald E and Molinari Theresa R
Bought by
Ballast Trail Llc

Purchase Details

Closed on
Jun 1, 1986
Bought by
Ballast Trail Llc
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
Mcdonough Scott $6,700,000 Coral Reef Title Company
Ballast Trail Llc -- Attorney
Ballast Trail Llc $150,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2020 07/09/20 Sold $6,700,000 -3.6% $1,230 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/12/2020 06/12/20 Price Changed $6,950,000 -12.6% $1,276 / Sq Ft
12/26/2018 12/26/18 For Sale $7,950,000 -- $1,460 / 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 $58,371 $8,254,839 $4,393,260 $3,861,579
2023 $58,371 $7,538,878 $4,364,960 $3,173,918
2022 $55,260 $7,509,897 $4,364,960 $3,144,937
2021 $49,025 $5,280,318 $2,454,737 $2,825,581
2020 $43,242 $4,677,031 $2,334,464 $2,342,567
2019 $40,775 $4,616,004 $2,954,235 $1,661,769
2018 $27,114 $3,092,321 $2,954,235 $138,086
2017 $27,964 $3,844,395 $0 $0
2016 $22,414 $2,390,648 $0 $0
2015 $22,466 $2,545,424 $0 $0
2014 $25,279 $3,401,348 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583404

Florida Keys Board of REALTORS®

APN: 00090220-000000