$1,500,000
SOLD FEB 11, 2022

16 Seaside Ave Key Largo, FL 33037

2 Beds
2 Baths
930 Sq Ft
0.32 Acres

Recently Sold

$1,613 Per Sq Ft

33% Below List Price

163 Days on Market

Highlights

  • Ocean Front
  • Dock made with concrete
  • RV or Boat Parking
  • Coral Shores High School Rated A
  • Boat Slip
  • 1-minute walk to Sunset Point Park 2

About This Home

As of February 2022

Don't miss this opportunity! First time in 32 years this OCEAN FRONT property has been offered for sale. Conveniently located between Key Largo and Islamorada this home is ready for new owners! Parcel is zoned Suburban Commercial allowing for residential use, vacation rentals, apartments, a marina and much more. 43' of direct ocean frontage and over 200' of protected dockage. Just 10 mins by boat to Tavernier Creek for Bay access. Walking distance from Snappers Restaurant. 1 hour from MIA. The possibilities are endless.

Last Agent to Sell the Property

Strain-Pabotoy T Coldwell Banker Schmitt

Coldwell Banker Schmitt Key Largo Listed on: 06/16/2021

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Peter Schwarz-Top Producer

LoKation Real Estate License #3301618

LoKation Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,634

Year Built

  • Built in 1962

Lot Details

  • 0.32 Acre Lot
  • Ocean Front
  • Property is zoned SC - Sub Urban Commercial District

Property Views

  • Ocean
  • Harbor

Home Design

  • Fixer Upper
  • Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 930 Sq Ft Home
  • Shutters
  • Single Hung Windows
  • Sliding Doors
  • Workshop
  • Storage
  • Laundry Room

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Seawall
  • Boat Slip
  • Dock made with concrete
  • Balcony
  • Patio

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Seaside Sub Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00492240-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,634

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00088800-000000
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 200
  • Dockage Seawall: Concrete
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 94.50
  • 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: 1634.20
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Off Street Parking, Trailer Storage, RV Parking Open, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1962
  • Alternate Key Number: 1608459
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Wall/Window Unit(s)
  • Lot Sq Ft: 14091.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 930.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Pantry, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Refrigerator
  • Floor: Carpet, Tile, Concrete
  • Specialty Rooms: Laundry Room, Workshop
  • Windows/Doors: Glass Doors, Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: Upstairs living area 930 sqft - Downstairs enclosure totaling 1146 sqft

Exterior Features

  • Dockage: Basin, Boat Slip
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Roof: Shingle Roof
  • Waterview: Harbor/Marina View, Open Water View, Ocean View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00492240-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.32

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Feb 11, 2022
Sold by
Ward John T
Bought by
Cod Funding Inc
Seller's Agent
Strain-Pabotoy T Coldwell Banker Schmitt
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Peter Schwarz-Top Producer
LoKation Real Estate
List Price
$2,250,000
Sold Price
$1,500,000
Premium/Discount to List
-$750,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.07%
Original Mortgage
$1,200,000
Interest Rate
3.55%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 1, 1983
Bought by
Ward Cecil Glenn
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 $1,500,000 New Title Company Name
Warranty Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,999,999 New Conventional
Closed $5,999,999 New Conventional
Previous Owner $4,009,961 New Conventional
Previous Owner $1,200,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $12,850,000 +756.7% $1,951 / Sq Ft
02/11/2022 02/11/22 Sold $1,500,000 -23.0% $1,613 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
11/19/2021 11/19/21 Price Changed $1,949,000 -2.5% $2,096 / Sq Ft
09/22/2021 09/22/21 Price Changed $1,999,000 -4.8% $2,149 / Sq Ft
08/09/2021 08/09/21 Price Changed $2,100,000 -2.3% $2,258 / Sq Ft
07/12/2021 07/12/21 Price Changed $2,150,000 -4.4% $2,312 / Sq Ft
06/16/2021 06/16/21 For Sale $2,250,000 -- $2,419 / 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 $16,109 $1,222,352 $1,014,734 $207,618
2023 $16,109 $1,812,842 $1,605,224 $207,618
2022 $11,167 $1,225,564 $1,039,500 $186,064
2021 $6,743 $657,861 $526,625 $131,236
2020 $1,634 $137,186 $0 $0
2019 $1,612 $134,102 $0 $0
2018 $1,610 $131,602 $0 $0
2017 $1,574 $128,896 $0 $0
2016 $1,581 $126,245 $0 $0
2015 $1,626 $125,367 $0 $0
2014 $1,676 $124,372 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596616

Florida Keys Board of REALTORS®

APN: 00492240-000000