NOT LISTED FOR SALE

185 Ocean View Dr Key Largo, FL 33037

Estimated Value: $1,827,000 - $3,105,000

4 Beds
5 Baths
1,382 Sq Ft
$1,729/Sq Ft Est. Value

Last Sold May 28, 2019

Last sale price $1,575,000 $1,140 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $13,221/month

55 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Newly Remodeled
  • Coral Shores High School Rated A
  • Boat Lift
  • 1-minute walk to Schwingggg

About This Home

As of May 2019

One-of-a-kind private water front house sitting on a double lot in the desirable Key Largo Ocean Shores neighborhood. This newly renovated 2-story dream house offers 4 beds (2 master suites) and 5 luxury baths. It has an open floor plan - living room with a chef style kitchen, great room, and a wraparound sunset balcony with other upgrades like impact windows/ doors, a metal roof, an alarm/ CCTV camera system, and built-in sound speakers indoor/ outdoor.

The grounds offer a cozy pool and sun deck with white sand, gazebos, cabana, outdoor summer kitchen, storage rooms, fish cleaning station, electronic entry gates with ample parking area, and a lush landscape. This vacation home offers a new private 20,000LB boat lift on a deep-water canal - only 2 houses away from direct ocean.

Last Agent to Sell the Property

Gerardo Aguirre

G.A. Properties Realty, Inc. License #0402111 Listed on: 04/05/2019

Last Buyer's Agent

Gerardo Aguirre

G.A. Properties Realty, Inc. License #0402111 Listed on: 04/05/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,847

Year Built

  • Built in 1972 | Newly Remodeled

Lot Details

  • 0.35 Acre Lot
  • 127 Ft Wide Lot
  • Home fronts a canal
  • North Facing Home
  • Property is zoned is

Parking

  • 2 Car Garage
  • Circular Driveway
  • Guest Parking
  • Open Parking
  • RV or Boat Parking
  • Golf Cart Parking

Home Design

  • Substantially Remodeled
  • Aluminum Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,382 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Custom Mirrors
  • Partially Furnished
  • Built-In Features
  • Blinds
  • Open Floorplan
  • Workshop
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • Canal Views
  • Pull Down Stairs to Attic

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • 5 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Washer

Home Security

  • Security System Owned
  • High Impact Windows
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Canal Width is 121 Feet or More
  • Boat Lift
  • Private Dock
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Amended & Extended Plat O Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00498110-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,847

Year Built

Built in 1972 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Dock Available,Private Dock, Lift
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: AMENDED & EXTENDED PLAT O
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Second Floor Entry, Bar, Built-in Features, Closet Cabinetry, Cooking Island, Custom Mirrors, Pantry, Pull Down Stairs, Split Bedroom, Walk-In Closet(s), Wet Bar, Family Room, Florida Room, Utility Room/Laundry, Workshop
  • Spa Yn: No
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor
  • Furnished: Partially Furnished
  • Living Area: 1382
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Dining/Living Room, Family/Dining Combination, Snack Bar/Counter
  • Living Room Features: Family Room, Florida Room, Utility Room/Laundry, Workshop
  • Master Bathroom Features: 2 Primary Bathrooms, Shower Only

Exterior Features

  • Roof: Aluminum
  • View: Canal
  • Exterior Features: Barbeque, Built-In Grill
  • Construction Type: CBS Construction, Frame With Stucco
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: Substantially Remodeled, New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Canal Width 121 Feet Or More
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: AMENDED & EXTENDED PLAT O
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Golf Cart Parking, Guest, Rv/Boat Parking

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up
  • Security: Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00498110-000000
  • Lot Size Sq Ft: 15260
  • Zoning: is
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jun 14, 2019
Sold by
Em Investments Holdings Llc
Bought by
185 Ocean View Key Largo Llc
Seller's Agent
Gerardo Aguirre
G.A. Properties Realty, Inc.
Buyer's Agent
Gerardo Aguirre
G.A. Properties Realty, Inc.
List Price
$1,649,000
Sold Price
$1,575,000
Premium/Discount to List
-$74,000
-4.49%
Current Estimated Value
$2,243,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$668,618
Avg. Annual Appreciation
6.95%
Original Mortgage
$750,000
Outstanding Balance
$666,218
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$1,723,810

Purchase Details

Listed on
Apr 5, 2019
Closed on
May 24, 2019
Sold by
E M Investments Holdings Llc
Bought by
185 Ocean View Key Largo Llc
Seller's Agent
Gerardo Aguirre
G.A. Properties Realty, Inc.
Buyer's Agent
Gerardo Aguirre
G.A. Properties Realty, Inc.
List Price
$1,649,000
Sold Price
$1,575,000
Premium/Discount to List
-$74,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$666,218
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$1,723,810

Purchase Details

Closed on
Oct 17, 2014
Sold by
Vecin Lazaro and Vecin Jacqueleine
Bought by
E M Investments Holdings Llc

Purchase Details

Closed on
May 22, 2000
Sold by
Koehler Sharon
Bought by
Vecin Lazaro and Vecin Jacquelein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 1994
Sold by
Koehler 3 Herman J and Koehler Sharon
Bought by
Koehler Sharon

Purchase Details

Closed on
Oct 22, 1993
Sold by
Evans Thomas A and Evans Joan A
Bought by
Koehler Herman J and Koehler Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.07%

Purchase Details

Closed on
May 1, 1989
Bought by
Em Investments Holdings Llc

Purchase Details

Closed on
Jun 1, 1986
Bought by
Em Investments Holdings Llc

Purchase Details

Closed on
Apr 1, 1982
Bought by
Em Investments Holdings Llc
Source: Public Records

Range of Values:

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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
185 Ocean View Key Largo Llc $1,050,000 None Listed On Document
185 Ocean View Key Largo Llc $1,050,000 Attorney
E M Investments Holdings Llc $842,600 Attorney
Vecin Lazaro $410,000 --
Koehler Sharon -- --
Koehler Herman J $363,500 --
Em Investments Holdings Llc -- --
Em Investments Holdings Llc -- --
Em Investments Holdings Llc $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 185 Ocean View Key Largo Llc $750,000
Previous Owner Vecin Lazaro $391,600
Previous Owner Vecin Lazaro $417,000
Previous Owner Vecin Lazaro $450,000
Previous Owner Koehler Sharon $153,000
Previous Owner Koehler Sharon $157,000
Previous Owner Koehler Herman J $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2019 05/28/19 Sold $1,575,000 -4.5% $1,140 / Sq Ft
04/03/2019 04/03/19 For Sale $1,649,000 -- $1,193 / 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 $11,242 $1,803,048 $1,262,314 $540,734
2023 $11,242 $1,736,718 $1,209,560 $527,158
2022 $9,815 $1,501,093 $1,082,199 $418,894
2021 $7,983 $893,190 $507,405 $385,785
2020 $7,657 $846,876 $459,836 $387,040
2019 $6,683 $726,006 $347,623 $378,383
2018 $6,847 $731,051 $352,811 $378,240
2017 $6,888 $737,395 $0 $0
2016 $6,607 $677,571 $0 $0
2015 $7,181 $729,706 $0 $0
2014 $6,171 $602,537 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10648435

MIAMI REALTORS® MLS

APN: 00498110-000000