$2,695,000
OPEN SUN 1PM - 4PM

139 Marina Ave Key Largo, FL 33037

Estimated payment $15,401/month

4 Beds
6 Baths
2,485 Sq Ft
$1,085 Price per Sq Ft

Highlights

  • Ocean View
  • Boat Ramp
  • Spa
  • Coral Shores High School Rated A
  • Dock made with concrete
  • 1-minute walk to Schwingggg

About This Home

Discover this unique and versatile canal front property in Port Largo, featuring a remarkable legal duplex with breathtaking ocean views. Each side-by-side townhome includes 2 bedrooms and 2.5 bathrooms, with all bedrooms thoughtfully designed as en-suites for ultimate privacy and comfort. With 75 feet of water-frontage, the property includes a concrete dock equipped with a 20,000 lbs boat lift. The wide 80 ft deep-water canal provides direct ocean access, allowing you to be first to the fishing grounds, as you're located on the first channel leading to the world-famous Key Largo waters ideal for boating, fishing, and diving. This concrete fortress has been completely renovated and is located on Marina Ave, just a few homes away from the homeowner's park, allowing you to enjoy daily sunrises from your balconies. Positioned across from a nature preserve, this home ensures tranquility with no front neighbors. Downstairs, you'll find a spacious 760 sq ft storage area and a comfortable Tiki Hut, perfect for outdoor relaxation. Plans for a concrete swimming pool were previously approved. An electric gated entry enhances security, and covered parking adds convenience. Each side has its own separate electric and water meters. Furniture negotiable. This property boasts excellent rental potential and is also perfect for two families looking to share a second home. Owner/Agent.

Listing Agent

Carlos Lorenzo

American Caribbean Real Estate, Christie's International Real Estate License #634298 Listed on: 11/19/2025

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,733

Year Built

  • Built in 1980

Lot Details

  • 9,375 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Ocean
  • Canal

Home Design

  • Duplex
  • Concrete Roof

Interior Spaces

  • 2,485 Sq Ft Home
  • 3-Story Property
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Covered Parking
  • Open Parking

Outdoor Features

  • Spa
  • Davits
  • Seawall
  • Dock made with concrete
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00452700-000000

Community Details

Overview

  • Port Largo Subdivision

Recreation

  • Boat Ramp

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,733

Year Built

Built in 1980

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • First Right of Refusal: No
  • Association Fee: 300.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 13732.57
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Covered Parking
  • Year Built: 1980
  • Alternate Key Number: 1552356
  • Cooling Heating: Central Air
  • Lot Sq Ft: 9375.00
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2485.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Amenities: Smoke Alarms, Brazilian Quartzite Countertops, Quartz Countertops, Storage
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Appliances: Washer, Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Vinyl
  • Half Bathrooms: 2
  • Windows/Doors: Impact Rstnce Doors
  • Total Bedrooms: 4
  • Sq Ft Remarks: Additional Downstairs storage 760 Sq Ft

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Storage, Privacy Wall/Fence, Lighting, Hot Tub
  • Roof: Concrete Roof
  • Waterview: Ocean View, Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00452700-000000
  • Lot Size: 75 x 125
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.22

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $13,278 $1,584,157 -- --
2023 $13,278 $1,538,017 $0 $0
2022 $7,491 $930,146 $0 $0
2021 $7,076 $748,230 $316,406 $431,824
2020 $7,357 $777,454 $0 $0
2019 $7,450 $787,309 $0 $0
2018 $7,473 $775,796 $0 $0
2017 $7,234 $768,514 $0 $0
2016 $7,259 $744,685 $0 $0
2015 $7,189 $721,708 $0 $0
2014 $7,191 $700,257 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2025 11/19/25 For Sale $2,695,000 +48.9% $1,085 / Sq Ft
03/30/2022 03/30/22 Sold $1,810,000 0.0% $739 / Sq Ft View Prior Sale
03/30/2022 03/30/22 Sold $1,810,000 -9.5% $739 / Sq Ft View Prior Sale
02/01/2022 02/01/22 Price Changed $1,999,000 -9.1% $816 / Sq Ft
12/31/2021 12/31/21 For Sale $2,199,000 0.0% $898 / Sq Ft
12/16/2021 12/16/21 For Sale $2,199,000 -- $898 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,810,000 New Title Company Name
Interfamily Deed Transfer -- Attorney
Warranty Deed $1,000,000 --
Quit Claim Deed $93,000 --
Warranty Deed $370,000 --
Warranty Deed $250,000 --
Warranty Deed $195,000 --
Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,440,000 New Conventional
Previous Owner $484,076 Credit Line Revolving
Previous Owner $210,000 Commercial
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 617374

Florida Keys Board of REALTORS®

APN: 00452700-000000