$2,900,000
SOLD JUL 17, 2025

39 N Bounty Ln Key Largo, FL 33037

4 Beds
3 Baths
3,015 Sq Ft
0.27 Acres

Recently Sold

$962 Per Sq Ft

24% Below List Price

251 Days on Market

Highlights

  • Detached Guest House
  • Property fronts gulf or ocean
  • Boat Lift
  • Coral Shores High School Rated A
  • Dock made with wood
  • 1-minute walk to Schwingggg

About This Home

As of July 2025

INVESTORS! BUY the LOWEST PRICED Beach and Sunset Bay home in Buccaneer Point! Welcome to a life of serenity, sophistication, and waterfront bliss at 39 N Bounty Lane! This peninsula in Buccaneer Point Estates was developed to create a sense of privacy, in a peaceful bay unique to the Upper Keys. The estate-sized property has 80' of shoreline directly on the Florida Bay with deepwater dockage. This custom three-story, CBS waterfront home offers four bedrooms and three bathrooms with over 3,015 square feet of living space. As you step through the grand interior staircase entry, you are greeted by a seamless flow of space and light, enhancing the home's airy and inviting ambiance as you walk up to the main level. Expansive sliding doors and porches throughout the home offer breathtaking bay and sunset views. The gourmet kitchen is equipped with stainless steel appliances, granite countertops, a large laundry room doubling as a walk-in pantry and an elevator lift outside the dining area. The main living level features one guest bedroom and bathroom with a walk-in closet. Ascending to the third level, you will find three additional bedrooms and two bathrooms. The ensuite primary offers panoramic bay views from the private balcony. Immerse yourself in the private and spacious backyard, where mature palms and landscaping provide ultimate tranquility. Lounge in the hot tub, launch a paddle from your beach, or sit by a fire and savor the soothing sounds of the tropical breezes. With room for an in-ground pool and summer kitchen, the possibilities of creating your dream space are endless. The exterior is adorned in coastal blues and whites, and echoes the iconic color palette of the Greek Isles, creating a timeless sense of serenity. Boaters will delight in the pier dock, boat lift, and central location for quick oceanside access. This is a rare and great investment opportunity to own on one of the most coveted streets in Key Largo.

Last Agent to Sell the Property

TEAM Walters Gloria, Rachel and Michae

Ocean Sotheby's International Realty License #662034_1 Listed on: 10/04/2024

Last Buyer's Agent

outside mls - FKBR

Outside Of MLS - FKBR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,326

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Privacy Fence
  • Fenced
  • Property is zoned IS - Improved Subivision District

Property Views

  • Gulf
  • Lake

Home Design

  • Fixer Upper
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,015 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Single Hung Windows
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Loft
  • Sun or Florida Room
  • Storage
  • Utility Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • Carport
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Spa
  • Boat Lift
  • Dock made with wood
  • Balcony
  • Deck
  • Patio
  • Outdoor Storage

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Buccaneer Point Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00496131-014900

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,326

Year Built

Built in 1998 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Largo
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 98.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 16326.29
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Covered Parking, RV Parking Covered, RV Parking Open, Guest Parking, Open Parking
  • Year Built: 1998
  • Alternate Key Number: 1613797
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 11800.00
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 3015.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Fixer Upper, Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Window Treatments, Walk-in Closet(s), Storage, Smoke Alarms, Granite Counter Top, Entrance Foyer, Pantry, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet, Wood
  • Specialty Rooms: Laundry Room, Utility Room, Sun/Florida Room, Loft
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors, French Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence, Hot Tub, Detached Guest Qtrs
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Lake View, Open Water View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer, Community Swr Plant
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00496131-014900
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.27

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished, Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Jul 17, 2025
Sold by
Vasallo Dawn D
Bought by
Reyna Javier and Reyna Barbara
Seller's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$3,799,000
Sold Price
$2,900,000
Premium/Discount to List
-$899,000
-23.66%
Views
76
Current Estimated Value
$2,895,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,813
Avg. Annual Appreciation
-0.35%
Original Mortgage
$1,500,000
Outstanding Balance
$1,494,940
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$1,400,247

Purchase Details

Closed on
May 1, 1992
Bought by
Vasallo Dawn D

Purchase Details

Closed on
May 1, 1980
Bought by
Vasallo Dawn D

Purchase Details

Closed on
Aug 1, 1979
Bought by
Vasallo Dawn D
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

Date Type Sale Price Title Company
Warranty Deed $2,900,000 None Listed On Document
Warranty Deed $2,900,000 None Listed On Document
Warranty Deed $2,900,000 None Listed On Document
Warranty Deed $150,000 --
Warranty Deed $65,000 --
Deed $49,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Closed $1,500,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2025 07/17/25 Sold $2,900,000 -12.1% $962 / Sq Ft
06/12/2025 06/12/25 Pending -- -- --
05/15/2025 05/15/25 Price Changed $3,299,000 -5.7% $1,094 / Sq Ft
03/13/2025 03/13/25 Price Changed $3,499,000 -2.8% $1,161 / Sq Ft
02/19/2025 02/19/25 Price Changed $3,599,000 -2.7% $1,194 / Sq Ft
01/13/2025 01/13/25 Price Changed $3,699,000 -2.6% $1,227 / Sq Ft
10/04/2024 10/04/24 For Sale $3,799,000 -- $1,260 / 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
2025 $17,842 $2,909,912 $2,276,338 $633,574
2024 $16,326 $2,634,827 $2,014,142 $620,685
2023 $16,326 $2,395,211 $1,787,700 $607,511
2022 $14,045 $2,021,595 $1,430,160 $591,435
2021 $12,210 $1,414,086 $881,932 $532,154
2020 $12,303 $1,415,506 $870,014 $545,492
2019 $12,530 $1,440,677 $887,891 $552,786
2018 $12,313 $1,450,973 $887,891 $563,082
2017 $11,552 $1,411,026 $0 $0
2016 $10,891 $1,267,657 $0 $0
2015 $9,634 $1,010,336 $0 $0
2014 $9,066 $916,208 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 611723

Florida Keys Board of REALTORS®

APN: 00496131-014900