NOT LISTED FOR SALE

28 Coral Way Key Largo, FL 33037

Estimated Value: $520,000 - $689,000

2 Beds
1 Bath
816 Sq Ft
$713/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $500,000 $613 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,417/month

109 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Screened Balcony
  • Coral Shores High School Rated A
  • Stainless Steel Appliances
  • Shutters

About This Home

As of February 2023

Updated 2-bedroom 1-bath concrete home built above flood. The kitchen offers new stainless-steel appliances, cabinetry, tile backsplash, granite countertops, and plenty of natural light. Oversized screened-in patio which is perfect for entertaining, outdoor dining, plants, pets, and lounging. The contemporary designed home also offers plank flooring throughout, freshly painted walls and trim, new washer/dryer, new lighting fixtures/fans, and bathroom fixtures. The large master bedroom has a custom built in closet while the second bedroom offers direct access to the patio. Conveniently located bayside, 1 block from the Winn-Dixie grocery store, 1 mile to the nearest boat ramp. and only 1 hour from Miami.

Last Agent to Sell the Property

Silvestri Team Jeanette & Janessa Silves

Coldwell Banker Schmitt Key Largo License #3258182 Listed on: 09/19/2022

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Terri Bodker

Ocean Bay Realty of the Keys

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 5,250 Sq Ft Lot
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Shingle Roof

Interior Spaces

  • 816 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Storage

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Screened Balcony
  • Screened Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Paradise Point Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00513410-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,645

Year Built

Built in 1986 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 105.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1645.39
  • Vehicle Storage: Open Parking, Off Street Parking
  • Year Built: 1986
  • Alternate Key Number: 1632716
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5250.00
  • Porch Balcony: Screened P/B, Patio, Screened Patio
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 816.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Walk-in Closet(s), Storage, Granite Counter Top
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Other
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Storage
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X, AE
  • Parcel Number: 00513410-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Feb 10, 2023
Sold by
Conchrete Properties Llc
Bought by
Sun Hippie Llc
Seller's Agent
Silvestri Team Jeanette & Janessa Silves
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Terri Bodker
Ocean Bay Realty of the Keys
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%
Views
57
Current Estimated Value
$581,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,691
Avg. Annual Appreciation
5.88%
Original Mortgage
$400,000
Outstanding Balance
$386,966
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$194,725

Purchase Details

Listed on
Nov 2, 2021
Closed on
Mar 9, 2022
Sold by
Miller Gregory A
Bought by
Conchrete Properties Llc
Seller's Agent
Jane Wasmund
RE/MAX All Keys Real Estate
Buyer's Agent
Silvestri Team Jeanette & Janessa Silves
Coldwell Banker Schmitt Key Largo
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%

Purchase Details

Closed on
Apr 29, 1998
Sold by
Engelhardt Glenn D
Bought by
Miller Gregory A

Purchase Details

Closed on
Jun 1, 1981
Bought by
Miller Gregory A
Source: Public Records

Range of Values:

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Average Value
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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
Sun Hippie Llc $500,000 Sunshine Title Of The Keys
Conchrete Properties Llc $490,000 Coral Reef Title
Miller Gregory A $8,500 --
Miller Gregory A $6,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Hippie Llc $400,000
Previous Owner Miller Gregory A $62,700
Previous Owner Miller Gregory A $111,000
Previous Owner Miller Gregory A $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2023 02/10/23 Sold $500,000 -8.6% $613 / Sq Ft
12/11/2022 12/11/22 Price Changed $547,000 -0.4% $670 / Sq Ft
11/15/2022 11/15/22 Price Changed $549,000 -1.8% $673 / Sq Ft
10/25/2022 10/25/22 Price Changed $559,000 -6.7% $685 / Sq Ft
09/19/2022 09/19/22 For Sale $599,000 +22.2% $734 / Sq Ft
03/09/2022 03/09/22 Sold $490,000 -6.7% $600 / Sq Ft View Prior Sale
01/28/2022 01/28/22 Pending -- -- --
11/02/2021 11/02/21 For Sale $525,000 -- $643 / 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 $3,845 $425,083 $262,474 $162,609
2023 $3,845 $390,142 $222,705 $167,437
2022 $1,649 $158,609 $0 $0
2021 $1,645 $153,990 $0 $0
2020 $2,855 $261,021 $163,013 $98,008
2019 $1,614 $148,450 $0 $0
2018 $1,606 $145,683 $0 $0
2017 $1,577 $142,687 $0 $0
2016 $1,590 $139,753 $0 $0
2015 $1,620 $138,782 $0 $0
2014 $1,655 $137,681 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Buyer's Agent in 2023

    Terri Bodker

    Ocean Bay Realty of the Keys

  • Jane Wasmund

    Seller's Agent in 2022

    Jane Wasmund

    RE/MAX

    (305) 451-7704

    41 in this area

    53 Total Sales

    Jane Wasmund
    Section Image

  • W

    Seller Co-Listing Agent in 2022

    Wendy Ives

    RE/MAX

    (305) 394-1376

    37 in this area

    49 Total Sales

    Wendy Ives
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 602546

Florida Keys Board of REALTORS®

APN: 00513410-000000

Florida Monroe County Key Largo 33037

28 Coral Way, Key Largo, FL

This home is located at 28 Coral Way, Key Largo, FL 33037 since 19 September 2022 and is currently estimated at $581,691, approximately $712 per square foot. This property was built in 1986. 28 Coral Way is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and St. Justin Marine Academy.

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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