NOT LISTED FOR SALE

38 S Blackwater Ln Key Largo, FL 33037

Estimated Value: $973,000 - $1,812,000

5 Beds
3 Baths
2,368 Sq Ft
$559/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $830,000 $351 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,602/month

39 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Partial Gulf or Ocean Views
  • No HOA
  • Coral Shores High School Rated A
  • Open Floorplan
  • Eat-In Kitchen

About This Home

As of September 2022

Canal Front Waterfront Home in Stillwright Point. Your Florida Keys dream awaits. Enjoy 75 ft of Water Frontage on a 50 ft wide canal leading you straight out to Blackwater Sound with easy access to Adams Cut to the Atlantic. Only 50 miles from Miami International Airport and close to all Key Largo has to offer. Set back from the open bay, this waterfront home combines the best of traditional coastal living with the convenience of 90 feet of deep -water frontage. The home is a concrete block two-story home. The upper floor has a living room/dining room combination, one bedroom, bathroom with double-sink vanity & tub/shower combo, kitchen with newer appliances, washer & dryer, and a wrap- around porch to enjoy beautiful days and evenings outdoors. Downstair features three bedrooms, one bathroom, kitchen with breakfast bar and opens to dock. Enjoy having no neighbors behind you as the home is located across the street from State Preserve land.
This home will make the perfect family vacation home, full-time residence and/or short-term rental. Located at mile marker 105 and quick commute to Miami. Home is located minutes to Pink Plaza, Tradewinds Shopping Center and Port Largo Plaza. Key Largo offers a slower paced, quaint lifestyle with a focus on sailing, fishing, scuba diving, kayaking, swimming and just watching the sun set. Key Largo is considered the "dive capital of the world". Year round sunshine and balmy breezes.

Last Agent to Sell the Property

Heather Damron

FLORIDA HOMES REALTY & MORTGAGE GVILLE License #3309649 Listed on: 07/28/2022

FLORIDA HOMES REALTY & MORTGAGE GVILLE

Last Buyer's Agent

Heather Damron

FLORIDA HOMES REALTY & MORTGAGE GVILLE License #3309649 Listed on: 07/28/2022

FLORIDA HOMES REALTY & MORTGAGE GVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,735

Year Built

  • Built in 1977

Lot Details

  • 6,750 Sq Ft Lot
  • 75 Feet of Waterfront
  • North Facing Home
  • Property is zoned SF

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 2,368 Sq Ft Home
  • Open Floorplan
  • Chair Railings
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Partial Bay or Harbor Views
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Phone Available

Community Details

  • No Home Owners Association
  • Paradise Point Cove Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,735

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 2368
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 3420
  • Lot Size Sq Ft: 6750
  • Directions to Property: Take the ramp on the left and follow signs for I-95 North Take the ramp on the right and follow signs for FL-826 4.2 mi Keep left to get onto FL-874 S 6.8 mi Take the ramp for FL-821 S 17.4 mi Take the ramp on the left for US-1 S / FL-5 / NE 1st Ave Toll road 22.9 mi Turn right onto N Blackwater Ln 410 ft Bear left onto Coral Way 315 ft Turn right onto S Blackwater Ln 0.3 mi Arrive at S Blackwater Ln on the right
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC507180?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC507180?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.69224
  • Price per Sq Ft: 350.51
  • Close to Original List Price Ratio: 0.63846
  • Ratio: Current Price\Building Area Total: 242.69
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Chair Rail, Eating Space In Kitchen, Living Room/Dining Room Combo, Master Bedroom Upstairs, Open Floorplan
  • Appliances Included: Cooktop, Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Yn: No
  • Street Number Modifier: 38
  • Room Count: 8
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sliding Doors
  • Roof: Concrete
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 75
  • Water Frontage Feet Canal Fresh: 75

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Phone Available, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: SF
  • Parcel Number: 00514190-000000
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4735
  • Tax Block: 19
  • Tax Book Number: 3168/0280
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2023
Sold by
Airbnb Adventure Llc
Bought by
Blackwater Escape Llc
Current Estimated Value
$1,323,351

Purchase Details

Listed on
Jul 28, 2022
Closed on
Sep 26, 2022
Sold by
Patricia A Monticino Trust
Bought by
Airbnb Adventure Llc
Seller's Agent
Heather Damron
FLORIDA HOMES REALTY & MORTGAGE GVILLE
Buyer's Agent
Heather Damron
FLORIDA HOMES REALTY & MORTGAGE GVILLE
List Price
$1,299,999
Sold Price
$830,000
Premium/Discount to List
-$469,999
-36.15%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.76%

Purchase Details

Closed on
Apr 14, 2022
Sold by
Patricia Monticino
Bought by
Patricia Monticino Trust

Purchase Details

Closed on
Jul 1, 1977
Bought by
Monticino Joseph
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
Blackwater Escape Llc -- --
Blackwater Escape Llc -- None Listed On Document
Airbnb Adventure Llc $830,000 Florida Legal Title
Airbnb Adventure Llc $830,000 Florida Legal Title
Patricia Monticino Trust -- Salter Feiber Pa
Monticino Joseph $55,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2022 09/26/22 Sold $830,000 -30.8% $351 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
08/16/2022 08/16/22 Price Changed $1,199,000 -7.8% $506 / Sq Ft
07/28/2022 07/28/22 For Sale $1,299,999 -- $549 / Sq Ft
Source: Stellar MLS

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 $7,032 $992,042 $768,488 $223,554
2023 $7,032 $791,637 $573,750 $217,887
2022 $6,062 $793,100 $452,250 $340,850
2021 $5,388 $575,346 $293,625 $281,721
2020 $5,457 $579,534 $293,625 $285,909
2019 $5,543 $588,784 $298,688 $290,096
2018 $5,629 $587,287 $303,750 $283,537
2017 $5,407 $587,287 $0 $0
2016 $5,013 $495,357 $0 $0
2015 $5,028 $486,716 $0 $0
2014 $4,854 $452,012 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC507180

Stellar MLS

APN: 00514190-000000