NOT LISTED FOR SALE

142 Ocean Bay Dr Key Largo, FL 33037

Estimated Value: $2,046,148 - $2,472,000

8 Beds
8 Baths
4,064 Sq Ft
$550/Sq Ft Est. Value

Last Sold July 30, 2015

Last sale price $1,100,000 $271 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $13,001/month

118 Days on Market

Highlights

  • Dock made with concrete
  • Boat Slip
  • Home fronts a canal
  • Coral Shores High School Rated A
  • 0.54 Acre Lot
  • 1-minute walk to Schwingggg

About This Home

As of July 2015

Investment opportunity with expansive potential financially. Four unit building, each 2bedroom/2bath, central air, tile floors, screened porches, washer/dryer in each unit, undercover parking, all waterfront. Excellent rental history. Excellent condition. Extensive dockage, currently 5 boat slips plus additional lineal dockage, concrete docks, davits, Concrete building, metal roof

Last Agent to Sell the Property

Jude Lindback, P.a.

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #0505724 Listed on: 01/28/2015

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Jude Lindback

Century 21 Prestige Realty Grp, Tavernier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,775

Year Built

  • Built in 1988

Lot Details

  • 0.54 Acre Lot
  • Home fronts a canal
  • Fenced

Parking

  • Carport

Home Design

  • Entry on the 3rd floor
  • Metal Roof

Interior Spaces

  • 4,064 Sq Ft Home
  • 3-Story Property
  • Shutters
  • Blinds
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Davits
  • Boat Slip
  • Dock made with concrete
  • Screened Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • 4 Units
  • Key Largo Ocn Shores Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00499040-000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,775

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 200
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 100.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 9774.71
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport
  • Year Built: 1988
  • Alternate Key Number: 1616893
  • Cooling Heating: Central Air
  • Lot Sq Ft: 23700.00
  • Porch Balcony: Screened Patio
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 4064.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments
  • Floor Number: 3.00
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Appliances: Dryer, Washer, Oven, Refrigerator, Range
  • Floor: Tile
  • Total Bedrooms: 8

Exterior Features

  • Dockage: Boat Slip, Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00499040-000000
  • Lot Size: 3 lots
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.54

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Multi Family

  • Total Units: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2016
Sold by
Harling Donn N and Harling Sher A
Bought by
136 Ocean Shore Llc
Current Estimated Value
$2,235,287

Purchase Details

Listed on
Jan 28, 2015
Closed on
Jul 30, 2015
Sold by
Harling Donn N and Harling Sher A
Bought by
142 Ocean View Llc
Seller's Agent
Jude Lindback, P.a.
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Jude Lindback
Century 21 Prestige Realty Grp, Tavernier
List Price
$1,900,000
Sold Price
$1,100,000
Premium/Discount to List
-$800,000
-42.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$770,000
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 25, 1998
Sold by
Marie M Krieter Tr
Bought by
Harling Donn N and Harling Sher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.21%
Mortgage Type
Commercial
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
136 Ocean Shore Llc $360,000 Attorney
142 Ocean View Llc $1,100,000 Attorney
Harling Donn N $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 142 Ocean View Llc $770,000
Previous Owner Harling Donn N $472,500
Previous Owner Harling Donn N $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2015 07/30/15 Sold $1,100,000 -42.1% $271 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $1,900,000 -- $468 / 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 $13,794 $1,590,875 $720,125 $870,750
2023 $13,794 $1,670,806 $811,014 $859,792
2022 $11,810 $1,299,868 $429,977 $869,891
2021 $10,903 $1,032,549 $332,096 $700,453
2020 $11,095 $1,049,030 $332,096 $716,934
2019 $11,182 $1,057,733 $332,096 $725,637
2018 $11,395 $1,063,466 $332,096 $731,370
2017 $10,946 $1,013,468 $0 $0
2016 $10,600 $934,860 $0 $0
2015 $9,411 $774,888 $0 $0
2014 $9,455 $752,184 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jude Lindback, P.a.

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    (305) 522-1370

    4 in this area

    14 Total Sales

    Jude Lindback, P.a.
    Section Image

  • J

    Buyer's Agent in 2015

    Jude Lindback

    Century 21 Prestige Realty Grp, Tavernier

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 566535

Florida Keys Board of REALTORS®

APN: 00499040-000000

Florida Monroe County Key Largo 33037

142 Ocean Bay Dr, Key Largo, FL

This home is located at 142 Ocean Bay Dr, Key Largo, FL 33037 since 28 January 2015 and is currently estimated at $2,235,287, approximately $550 per square foot. This property was built in 1988. 142 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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