NOT LISTED FOR SALE

23 N Channel Dr Key Largo, FL 33037

Estimated Value: $740,749

0.26 Acre
$2,852,964 Price per Acre
11,310 Sq Ft Lot

Last Sold October 27, 2021

Last sale price $590,000

Est. 26% increase in value since last sale

Current estimated payment $4,198/month

355 Days on Market

Highlights

  • Dock made with concrete
  • Home fronts a canal
  • Seawall
  • Coral Shores High School Rated A
  • Fenced
  • 1-minute walk to Schwingggg

About This Lot

As of October 2021

Canal Front Vacant and clear lot with dock in place. This lot offers deep water access with a straight shot to the ocean within minutes, thru the crystal clear canal. Build your dream home on this beautiful 11,310 square foot lot on the ocean side. It has approximately 75 feet of waterfront with a cut out.

Last Agent to Sell the Property

Robert Valenzuela

Century 21 Circle- Islamorada License #656432 Listed on: 10/03/2020

Century 21 Circle- Islamorada

Last Buyer's Agent

Robert Valenzuela, PA

Century 21 Circle License #656432

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,242

Lot Details

  • 0.26 Acre Lot
  • Home fronts a canal
  • Fenced
  • Cleared Lot
  • Property is zoned IS - Improved Subivision District

Property Views

  • Canal Views

Listing and Financial Details

  • Assessor Parcel Number 00502510-000000

Community Details

Overview

  • Key Largo Beach Subdivision

Recreation

  • Seawall
  • Dock made with concrete

Property Details

Property Type

Land

Est. Annual Taxes

$3,242

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Dockage Dock Length: 75
  • Dockage Seawall: Cut/Natural
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3241.98
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1620378
  • Lot Sq Ft: 11310.00
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Existing Utilities: None
  • Location Site: Paved Street, Cleared Site, Fenced, Water Frontage
  • Lot Dimensions: Irre, 75' front & back RT side 140' & LF side 170'
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Water Main Inquiry File: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00502510-000000
  • Land Size: Less Than 1/4 Acre
  • Building Permit: No Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2020
Closed on
Oct 26, 2021
Sold by
Island Investment Partners Inc
Bought by
Wadigi Twin Paradise Llc
Seller's Agent
Robert Valenzuela
Century 21 Circle- Islamorada
Buyer's Agent
Robert Valenzuela
Century 21 Circle- Islamorada
List Price
$899,000
Sold Price
$590,000
Premium/Discount to List
-$309,000
-34.37%
Current Estimated Value
$740,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,749
Avg. Annual Appreciation
5.95%
Original Mortgage
$350,000
Outstanding Balance
$319,859
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$420,890

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 7, 2020
Sold by
Ferry John C and Ferry Sharon L
Bought by
Island Investment Partners Inc
Seller's Agent
Wiebke Westedt
LoKation Real Estate
Buyer's Agent
Robert Valenzuela
Century 21 Circle- Islamorada
List Price
$520,000
Sold Price
$500,000
Premium/Discount to List
-$20,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.53%

Purchase Details

Closed on
Feb 1, 1974
Bought by
Ferry John C and Ferry Sharon L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wadigi Twin Paradise Llc $590,000 Attorney
Island Investment Partners Inc $500,000 Absolute First Title
Ferry John C $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wadigi Twin Paradise Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2021 10/27/21 Sold $590,000 -15.6% --
10/18/2021 10/18/21 Price Changed $699,000 -22.2% --
09/23/2021 09/23/21 Pending -- -- --
09/01/2021 09/01/21 Price Changed $899,000 +28.6% --
12/29/2020 12/29/20 Price Changed $699,000 -22.2% --
10/03/2020 10/03/20 For Sale $899,000 +79.8% --
08/08/2020 08/08/20 Sold $500,000 0.0% -- View Prior Sale
07/20/2020 07/20/20 Pending -- -- --
07/15/2020 07/15/20 Off Market $500,000 -- --
07/13/2020 07/13/20 For Sale $520,000 -- --
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 $3,071 $386,895 $356,252 $30,643
2023 $3,071 $386,895 $356,252 $30,643
2022 $2,961 $386,895 $356,252 $30,643
2021 $3,453 $385,803 $356,252 $29,551
2020 $2,107 $262,396 $232,845 $29,551
2019 $3,242 $623,326 $593,775 $29,551
2018 $2,792 $499,848 $472,051 $27,797
2017 $1,710 $197,447 $0 $0
2016 $1,677 $190,406 $0 $0
2015 -- $186,975 $0 $0
2014 -- $185,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Valenzuela

    Seller's Agent in 2021

    Robert Valenzuela

    Century 21 Circle- Islamorada

    (305) 431-0836

    57 in this area

    98 Total Sales

    Robert Valenzuela
    Section Image

  • R

    Buyer's Agent in 2021

    Robert Valenzuela, PA

    Century 21 Circle

  • W

    Seller's Agent in 2020

    Wiebke Westedt

    LoKation Real Estate

    (305) 393-0923

    8 in this area

    42 Total Sales

    Wiebke Westedt
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592863

Florida Keys Board of REALTORS®

APN: 00502510-000000

Florida Monroe County Key Largo 33037

23 N Channel Dr, Key Largo, FL

This home is located at 23 N Channel Dr, Key Largo, FL 33037 since 03 October 2020 and is currently estimated at $740,749. 23 N Channel Dr is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and Dolphin Montessori Children's House.

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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