$1,499,000
SOLD APR 7, 2025

187 Grassy Rd Key Largo, FL 33037

4 Beds
4 Baths
2,103 Sq Ft
8,675 Sq Ft Lot

Recently Sold

$713 Per Sq Ft

25% Below List Price

377 Days on Market

Highlights

  • Dock made with concrete
  • Home fronts a pond
  • Gulf View
  • Coral Shores High School Rated A
  • RV or Boat Parking
  • RV Parking in Community

About This Home

As of April 2025

***LARGE CONCRETE WATERFRONT ***WITH CONCRETE ROOF,*** 4 bedroom, 4 bath home with*** HIGH 10' CEILINGS*** is located in ***COMMUTABLE KEY LARGO and boasts ***197 FEET OF DEEP-WATER CONCRETE DOCK .***SUNSET VIEWS this custom built home is located on the corner of the main canal into Lake Surprise and Blackwater Sound it is minutes by boat to the Adams Cut Waterway, and the open Atlantic Ocean. This custom built home offers the unyielding strength of concrete block, 5,000 psi concrete, impact windows and doors, plus accordion shutters! Panoramic views of the sunset can be enjoyed from the top floor separate studio apartment and enormous roof top entertainment deck. The main living floor offers an interior staircase from the understory parking area and has three bedrooms and 2 full bathrooms. The lower level has plenty of interior concrete storage room, covered parking for multiple cars and a non-conforming full apartment, and a dockside shower house with extra toilet for the boaters. Other notable features include, tiled floors throughout, large walk in closet, jetted tub and shower in the master bath, with a bidet, recessed lighting , cherry kitchen cabinets and an inviting screened patio overlooking the water and the nightly sunset views. 1 hour to Miami International Airport and yet a tropical world away!!!

Last Agent to Sell the Property

Sally Stribling

Coldwell Banker Schmitt Key Largo License #3159204 Listed on: 01/30/2024

Coldwell Banker Schmitt Key Largo

Co-Listed By

Yvette Doherty

Coldwell Banker Schmitt Key Largo License #3281170

Last Buyer's Agent

outside mls - FKBR

Outside Of MLS - FKBR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,494

Year Built

  • Built in 1998

Lot Details

  • 8,675 Sq Ft Lot
  • Home fronts a pond
  • Home fronts a canal
  • Fenced
  • Fruit Trees
  • Property is zoned URM - Urban Res Mobile Home District

Property Views

  • Gulf
  • Pond
  • Canal

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,103 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • French Doors
  • Workshop
  • Storage
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass

Parking

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

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Outdoor Shower
  • Davits
  • Dock made with concrete
  • Screened Balcony
  • Deck
  • Screened Patio
  • Exterior Bathhouse
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Surprise Properties Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Other Tax Exemptions
  • Assessor Parcel Number 00533600-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,494

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 197
  • 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: 106.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3494.30
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Covered Parking, RV Parking Open, Off Street Parking, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1998
  • Alternate Key Number: 1657115
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 8675.00
  • Porch Balcony: Screened P/B, Deck, Screened Patio, Roof Top Deck
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead, Widow/Widower
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2103.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Storage, Split Bedroom
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Concrete
  • Specialty Rooms: Bath House, Other, Workshop, Utility Room, Laundry Room
  • Windows/Doors: French Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4
  • Accessibility Features: Parking

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front, Salt Ponds, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Storage, Outdoor Shower, Fruit Tree(s)
  • Roof: Concrete Roof
  • Waterview: Bay/Gulf View, Salt Ponds, Open Water View, Canal View
  • Pool: No

Utilities

  • Utilities: Municipal Sewer, Cable Available, Buyer to Verify
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00533600-000000
  • Lot Size: 67x129
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.20

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Apr 7, 2025
Sold by
Anderson-Ginn Loni and Ginn Loni
Bought by
Infante Alexander and Infante Jamilah Romero
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt Key Largo
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$1,997,000
Sold Price
$1,499,000
Premium/Discount to List
-$498,000
-24.94%
Views
150
Current Estimated Value
$1,502,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,148
Avg. Annual Appreciation
0.97%
Original Mortgage
$1,199,200
Outstanding Balance
$1,196,145
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$309,367

Purchase Details

Closed on
Feb 5, 2008
Sold by
Ginn Lonnie L
Bought by
Ginn Loni

Purchase Details

Closed on
Jan 31, 2008
Sold by
Dean Jeremy L and Dean Kelly
Bought by
Ginn Loni

Purchase Details

Closed on
Jan 28, 2008
Sold by
Ginn Lavinia L
Bought by
Ginn Loni

Purchase Details

Closed on
Jan 25, 2008
Sold by
Dean Jeffrey A
Bought by
Ginn Loni

Purchase Details

Closed on
Jan 4, 2008
Sold by
Flinn Tifis William
Bought by
Ginn Loni

Purchase Details

Closed on
Feb 22, 1999
Sold by
Ginn Loni
Bought by
Ginn Loni and Flinn Tifis W

Purchase Details

Closed on
Oct 10, 1996
Sold by
Ginn Loni
Bought by
Ginn Loni and Dean Jeremy L

Purchase Details

Closed on
Nov 1, 1989
Bought by
Anderson-Ginn Loni

Purchase Details

Closed on
Sep 1, 1987
Bought by
Anderson-Ginn Loni

Purchase Details

Closed on
Oct 1, 1985
Bought by
Anderson-Ginn Loni

Purchase Details

Closed on
Oct 1, 1978
Bought by
Anderson-Ginn Loni
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 Type Sale Price Title Company
Warranty Deed $1,499,000 Liberty Title & Escrow
Warranty Deed $1,499,000 Liberty Title & Escrow
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed $100 --
Quit Claim Deed $100 --
Warranty Deed $80,000 --
Warranty Deed $25,000 --
Warranty Deed $21,000 --
Deed $3,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,199,200 New Conventional
Closed $1,199,200 New Conventional
Previous Owner $15,000 Stand Alone Second
Previous Owner $10,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold $1,499,000 0.0% $713 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
01/13/2025 01/13/25 Price Changed $1,499,000 -11.8% $713 / Sq Ft
10/23/2024 10/23/24 Price Changed $1,699,000 -10.4% $808 / Sq Ft
04/29/2024 04/29/24 Price Changed $1,897,000 -2.6% $902 / Sq Ft
03/25/2024 03/25/24 Price Changed $1,947,000 -2.5% $926 / Sq Ft
01/30/2024 01/30/24 For Sale $1,997,000 -- $950 / 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 $3,494 $482,576 -- --
2023 $3,494 $451,299 $0 $0
2022 $3,218 $414,438 $0 $0
2021 $3,147 $377,346 $0 $0
2020 $3,140 $374,830 $0 $0
2019 $2,449 $309,471 $0 $0
2018 $2,431 $303,701 $0 $0
2017 $2,369 $297,455 $0 $0
2016 $2,389 $291,337 $0 $0
2015 $2,591 $289,312 $0 $0
2014 $2,635 $287,016 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 608462

Florida Keys Board of REALTORS®

APN: 00533600-000000