NOT LISTED FOR SALE

187 Grassy Rd Key Largo, FL 33037

Key Largo Area

Estimated Value: $1,488,000 - $1,752,000

4 Beds
4 Baths
2,103 Sq Ft
$769/Sq Ft Est. Value

Sale Details

Date Sold: April 7, 2025

Last sale price $1,499,000 $713 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,120 / mo

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

8,675 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Apr 7, 2025
Sold by
Bought by
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
$1,616,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,377
Avg. Annual Appreciation
5.88%
Original Mortgage
$1,199,200
Outstanding Balance
$1,183,391
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$432,986

Purchase Details

Closed on
Feb 5, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 31, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 28, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 25, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 4, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 1999
Sold by
Bought by

Purchase Details

Closed on
Oct 10, 1996
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 1989
Bought by

Purchase Details

Closed on
Sep 1, 1987
Bought by

Purchase Details

Closed on
Oct 1, 1985
Bought by

Purchase Details

Closed on
Oct 1, 1978
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,499,000 Liberty Title & Escrow
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
$100 --
$100 --
$80,000 --
$25,000 --
$21,000 --
$3,400 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,199,200
Previous Owner $15,000
Previous Owner $10,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,759 $1,290,590 $713,606 $576,984
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

  • Sally Stribling

    Seller's Agent in 2025

    Sally Stribling

    Coldwell Banker Schmitt Key Largo

    (305) 283-2002

    146 Total Sales

    Sally Stribling
    Section Image
  • Yvette Doherty

    Seller Co-Listing Agent in 2025

    Yvette Doherty

    Coldwell Banker Schmitt Key Largo

    (786) 236-8158

    91 Total Sales

    Yvette Doherty
    Section Image

  • o

    Buyer's Agent in 2025

    outside mls - FKBR

    Outside Of MLS - FKBR

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 608462

Florida Keys Board of REALTORS®

APN: 00533600-000000

Florida Monroe County Key Largo 33037

187 Grassy Rd, Key Largo, FL

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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