$670,000
SOLD OCT 4, 2024

1380 Ocean Bay Dr Key Largo, FL 33037

4 Beds
4 Baths
2,322 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$289 Per Sq Ft

About This Home

As of October 2024

This home is located at 1380 Ocean Bay Dr, Key Largo, FL 33037 and is currently priced at $670,000, approximately $288 per square foot. This property was built in 1969. 1380 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.

Last Agent to Sell the Property

Terry Canto

American Caribbean Real Estate, Christie's International Real Estate License #626852 Listed on: 10/04/2024

Last Buyer's Agent

Terry Canto,Top Producer

American Caribbean Real Estate, Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,940

Year Built

  • Built in 1969

Lot Details

  • 7,000 Sq Ft Lot
  • Property is zoned IS - Improved Subivision District

Home Design

  • 2,322 Sq Ft Home
  • Fixer Upper

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Key Largo Ocn Shores Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00498690-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,940

Year Built

Built in 1969

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
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5940.00
  • Title: Title Ins - Buyer
  • Year Built: 1969
  • Alternate Key Number: 1616559
  • Lot Sq Ft: 7000.00
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2322.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Refrigerator, Oven, Range
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00498690-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Sep 24, 2024
Sold by
Ocean Bay Home Llc
Bought by
Jeffries James W
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Terry Canto,Top Producer
American Caribbean Real Estate, Christie's International Real Estate
List Price
$670,000
Sold Price
$670,000
Views
1
Current Estimated Value
$655,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,950
Avg. Annual Appreciation
1.49%
Original Mortgage
$200,000
Outstanding Balance
$198,894
Interest Rate
6.47%
Mortgage Type
Seller Take Back
Estimated Equity
$478,158

Purchase Details

Closed on
Mar 13, 2012
Sold by
Mccollum Katja and Scholz Katja
Bought by
Ocean Bay Home Llc

Purchase Details

Closed on
Oct 17, 1997
Sold by
Bates Paul E
Bought by
Scholz Katja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 1992
Bought by
Ocean Bay Home Llc

Purchase Details

Closed on
Oct 1, 1988
Bought by
Ocean Bay Home Llc

Purchase Details

Closed on
May 1, 1978
Bought by
Ocean Bay Home Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $595,000 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $75,700 --
Warranty Deed $120,000 --
Warranty Deed $115,000 --
Deed $51,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Seller Take Back
Previous Owner $107,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $670,000 0.0% $289 / Sq Ft
10/04/2024 10/04/24 For Sale $670,000 -- $289 / 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 $5,940 $738,764 $423,588 $315,176
2023 $5,940 $738,677 $436,205 $302,472
2022 $5,354 $662,972 $360,500 $302,472
2021 $4,823 $484,457 $221,708 $262,749
2020 $4,390 $400,782 $153,213 $247,569
2019 $3,989 $358,262 $156,818 $201,444
2018 $4,055 $358,262 $156,818 $201,444
2017 $4,636 $348,626 $0 $0
2016 $4,473 $310,531 $0 $0
2015 $4,263 $258,507 $0 $0
2014 $4,283 $248,526 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 611717

Florida Keys Board of REALTORS®

APN: 00498690-000000