T
Seller's Agent in 2025
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
(305) 712-8888
44 in this area
70 Total Sales
237 Atlantic Blvd Key Largo, FL 33037
7
Beds
4
Baths
3,164
Sq Ft
9,375
Sq Ft Lot
Highlights
- Boat Ramp
- Dock made with concrete
- RV Parking in Community
- Coral Shores High School Rated A
- RV or Boat Parking
- 1-minute walk to Schwingggg
About This Home
As of April 2025INVESTORS! This waterfront multi-family tri-plex is located in the coveted boating enclave of Port Largo. This property presents a prime opportunity for astute investors seeking to capitalize on its versatile building rights or to leverage its existing rental income potential with long-term tenants. The allure of this investment lies in its potential for future rental income optimization. With two, two-bedroom, one-bathroom units and one three-bedroom, two-bathroom unit, there exists ample room for income diversification. Each unit features an inviting open floor plan, complemented by screened-in porches that afford picturesque vistas of the water.75 feet of deep-water concrete dockage further enhances its appeal to both investors and tenants alike. Whether one chooses to reside in one unit while leasing out the others or to capitalize on the rental market, the possibilities for maximizing returns are truly limitless in this prime investment offering. An exceptional investment opportunity awaits discerning investors.
Last Agent to Sell the Property
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty License #662034_1 Listed on: 04/30/2024
Last Buyer's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty License #662034_1 Listed on: 04/30/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,689
Year Built
- Built in 1980
Lot Details
- 9,375 Sq Ft Lot
- Home fronts a canal
HOA Fees
- $23 Monthly HOA Fees
Home Design
- Shingle Roof
- Pre-Cast Concrete Construction
Interior Spaces
- 3,164 Sq Ft Home
- Ceiling Fan
- Single Hung Windows
- Sliding Doors
- Utility Room
- Tile Flooring
- Canal Views
- Fire and Smoke Detector
Kitchen
- Oven
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Built-In or Custom Kitchen Cabinets
Bedrooms and Bathrooms
- 7 Bedrooms
- Split Bedroom Floorplan
- 4 Full Bathrooms
Parking
- 4 Parking Spaces
- Covered Parking
- RV or Boat Parking
Outdoor Features
- Seawall
- Dock made with concrete
- Screened Balcony
- Screened Patio
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Community Sewer or Septic
- Cable TV Available
Listing and Financial Details
- Minimum Rental Period: 28
- Assessor Parcel Number 00453472-000500
Community Details
Overview
- 3 Units
- Port Largo Subdivision
- RV Parking in Community
Recreation
- Boat Ramp
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2024
Closed on
Apr 1, 2025
Sold by
Rodriguez Family Investment Co Ltd and Rodriguez Family Investment Partnership
Bought by
Villegas Michel Francois and Villegas Mabiet
Seller's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
Buyer's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
List Price
$2,699,000
Sold Price
$2,100,000
Premium/Discount to List
-$599,000
-22.19%
Views
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,501
Avg. Annual Appreciation
-0.22%
Original Mortgage
$1,679,000
Outstanding Balance
$1,667,475
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$429,024
Purchase Details
Closed on
Sep 8, 2011
Sold by
Rodriguez Nora
Bought by
Rodriguez Family Investment Co Ltd
Purchase Details
Closed on
May 1, 1979
Bought by
Rodriguez Family Investment Co Ltd
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,100,000 | Coral Reef Title | |
| Warranty Deed | $2,100,000 | Coral Reef Title | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $32,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,679,000 | New Conventional | |
| Closed | $1,679,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | Sold | $2,100,000 | -19.2% | $664 / Sq Ft |
| 01/28/2025 01/28/25 | Pending | -- | -- | -- |
| 07/09/2024 07/09/24 | Price Changed | $2,599,000 | -3.7% | $821 / Sq Ft |
| 04/30/2024 04/30/24 | For Sale | $2,699,000 | -- | $853 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $11,403 | $1,618,418 | $1,071,094 | $547,324 |
| 2024 | $10,689 | $1,492,786 | $1,010,156 | $482,630 |
| 2023 | $10,689 | $1,464,814 | $1,010,156 | $454,658 |
| 2022 | $9,462 | $1,254,065 | $796,875 | $457,190 |
| 2021 | $7,810 | $724,827 | $316,406 | $408,421 |
| 2020 | $8,242 | $772,607 | $353,906 | $418,701 |
| 2019 | $9,304 | $900,981 | $461,719 | $439,262 |
| 2018 | $9,489 | $906,023 | $461,719 | $444,304 |
| 2017 | $8,793 | $825,588 | $0 | $0 |
| 2016 | $8,735 | $787,406 | $0 | $0 |
| 2015 | $8,348 | $728,503 | $0 | $0 |
| 2014 | $7,950 | $654,591 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
TEAM Walters Gloria, Rachel and Michae
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 609804
APN: 00453472-000500
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.
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.
Nearby Homes
- 238 Atlantic Blvd
- 258 Caribbean Dr
- 392 Laguna Ave
- 184 Bahama Ave
- 139 Marina Ave
- 170 Marina Ave
- 162 Marina Ave
- 81 Marina Ave
- 38 Coral Dr
- 45 Coral Dr
- 201 Wildwood Cir
- 555 Ocean Cay
- 30 Seagate Blvd
- 23 Seagate Blvd
- 501 Caribbean Dr
- 311 Buttonwood Cir
- 0 000 Unit A11845775
- 119 Poinciana Dr
- 215 Wildwood Cir
- 545 Ocean Cay