NOT LISTED FOR SALE

159 Bahama Ave Key Largo, FL 33037

Estimated Value: $2,677,000 - $3,260,000

4 Beds
4 Baths
3,323 Sq Ft
$876/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $925,000 $278 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $16,648/month

529 Days on Market

Highlights

  • Property has ocean access
  • Boat Lift
  • Sitting Area In Primary Bedroom
  • Coral Shores High School Rated A
  • Heated In Ground Pool
  • 1-minute walk to Schwingggg

About This Home

As of February 2012

Best location on Key Largo. Built new in '05 w/all the luxurious finishes you can imagine. Marble & cherry hardwood flrs, granite countertop, kitchen w/S.S. appliances, bar, media room, master Jacuzzi, 2 walk-in closets, metal roof, endless sunset views are yours from the 180 degree balconies accessed from all rooms. Superior water access to Bay and ocean. On deepest & widest canal. Heated pool w/Jacuzzi. Full living on ground level w/suite. Sale is subject to seller's lender's approval.

Last Agent to Sell the Property

Daniel Yanes,P.A.

Florida Capital Realty License #3182240 Listed on: 02/11/2010

Florida Capital Realty

Last Buyer's Agent

Daniel Yanes,P.A.

Florida Capital Realty License #3182240 Listed on: 02/11/2010

Florida Capital Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,991

Year Built

  • Built in 2005

Lot Details

  • 75 Ft Wide Lot
  • Home fronts a canal
  • South Facing Home
  • Fenced

Property Views

  • Water
  • Pool

Home Design

  • Patio Lot
  • Aluminum Roof
  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,323 Sq Ft Home
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Sliding Windows
  • French Doors
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Sun or Florida Room
  • Storage Room
  • Laundry in Utility Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • 4 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Parking

  • Driveway
  • Open Parking

Pool

  • Heated In Ground Pool
  • Fence Around Pool
  • Pool Bathroom

Outdoor Features

  • Property has ocean access
  • Canal Width 1-80 Feet
  • Boat Lift
  • Boat Hoist or Davit
  • Deck
  • Patio
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • TV Antenna

Community Details

  • No Home Owners Association
  • Port Largo,Key Largo Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,991

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories, Patio/Zero Lot
  • Garage Yn: No
  • Horses: No
  • Inclusions: Boatlift,Boat Hoists/Davits
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: PORT LARGO,KEY LARGO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: Second Floor Entry, Bar, Built-in Features, Closet Cabinetry, French Doors, Roman Tub, Vaulted Ceiling(s), Den/Library/Office, Family Room, Florida Room, Loft, Storage, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Ceramic Floor, Marble, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 3323
  • Other Equipment: TV Antenna
  • Window Features: Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Dining/Living Room, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Loft, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Aluminum, Metal Roof
  • View: Pool, Water
  • Exterior Features: Barbeque, Fruit Trees
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Other Lot Description
  • Patio And Porch Features: Deck, Open Porch, Patio
  • Pool Features: In Ground, Fenced, Heated, Pool Bath, Pool/Spa Combo
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Canal Width 1-80 Feet
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PORT LARGO
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2009
  • Tax Annual Amount: 7991

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2010
Closed on
Feb 24, 2012
Sold by
Rodriguez Manuel
Bought by
Arango Carlos A and Arango Angela
Seller's Agent
Daniel Yanes,P.A.
Florida Capital Realty
Buyer's Agent
Daniel Yanes,P.A.
Florida Capital Realty
List Price
$925,000
Sold Price
$925,000
Current Estimated Value
$2,910,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,985,552
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
Jul 25, 2009
Sold by
Bermudez Reinaldo and Rodriguez Manuel
Bought by
Rodriguez Manuel

Purchase Details

Closed on
Aug 10, 2005
Sold by
Bermudez Reinaldo
Bought by
Bermudez Reinaldo and Rodriguez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 7, 2005
Sold by
Castaneda Juan Carlos
Bought by
Bermudez Reinaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 18, 2002
Sold by
Herrera Alberto
Bought by
Castenada Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1991
Bought by
Arango Carlos A and Arango Angela

Purchase Details

Closed on
Jun 1, 1987
Bought by
Arango Carlos A and Arango Angela

Purchase Details

Closed on
Feb 1, 1974
Bought by
Arango Carlos A and Arango Angela
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
Arango Carlos A $925,000 Attorney
Rodriguez Manuel -- Attorney
Bermudez Reinaldo -- None Available
Bermudez Reinaldo $1,850,000 Universal Land Title Svcs
Castenada Juan C $832,000 --
Arango Carlos A $280,000 --
Arango Carlos A $165,000 --
Arango Carlos A $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bermudez Reinaldo $1,295,000
Previous Owner Castenada Juan C $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2012 02/24/12 Sold $925,000 0.0% $278 / Sq Ft
07/26/2011 07/26/11 Pending -- -- --
02/11/2010 02/11/10 For Sale $925,000 -- $278 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $13,875 $1,971,969 $1,148,438 $823,531
2023 $13,875 $1,954,139 $1,148,438 $805,701
2022 $12,254 $1,752,337 $946,875 $805,462
2021 $10,648 $1,221,683 $485,156 $736,527
2020 $10,957 $1,250,786 $506,250 $744,536
2019 $10,788 $1,268,206 $506,250 $761,956
2018 $10,444 $1,267,365 $506,250 $761,115
2017 $9,008 $991,561 $0 $0
2016 $9,073 $962,611 $0 $0
2015 $8,575 $888,309 $0 $0
2014 $8,387 $841,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: M1370347

MIAMI REALTORS® MLS

APN: 00452900-000000