NOT LISTED FOR SALE

394 Pompano Dr Key Largo, FL 33037

Estimated Value: $735,000 - $962,000

6 Beds
4 Baths
3,031 Sq Ft
$276/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $2,285,000 $754 Per Sq Ft

Current estimated payment $4,812/month

278 Days on Market

Highlights

  • Ocean Front
  • Dock made with concrete
  • RV or Boat Parking
  • Coral Shores High School Rated A
  • Detached Guest House
  • RV Parking in Community

About This Home

As of October 2020

Private Estate or Family Compound with lots of room to expand. Easy drive to Miami but a world away. Classical beauty with state of the art features plus a waterfront drive-in boathouse w boat lift and an over water tiki with pilings for yacht dockage. Total privacy and monitored security. Dade County Pine floors, walls & rafters! Quartz & stainless kitchen, spa-like bathrooms & large porch overlooking the water. Mudroom, garage, paved dock, Tiki on the ocean & so much more. This vast estate is comprised of 2 homes and 5 separate parcels within the IS Zoning district. Pursuant to Monroe County Development Code, & subject to the conditions set forth therein, each developable parcel in an IS Zoning district may be developed up to a density of one dwelling unit per parcel.

Last Agent to Sell the Property

Holly Hight

Ocean Sotheby's International Realty License #3234318 Listed on: 01/12/2020

Ocean Sotheby's International Realty

Co-Listed By

Ana G Zalesky

Coldwell Banker Schmitt Key Largo License #3028693

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Ana Zalesky, P.A.

Shoreline Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,884

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 1.43 Acre Lot
  • Ocean Front
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,031 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Sun or Florida Room
  • Wood Flooring
  • Ocean Views
  • Impact Glass

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Quartz Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Outdoor Shower
  • Dock made with concrete
  • Screened Balcony
  • Screened Patio
  • Shed
  • Tiki or Chickee Hut
  • Rain Gutters

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Additional Features

  • Detached Guest House
  • Ground Level

Community Details

  • No Home Owners Association
  • Anglers Park Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 00551050-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,884

Year Built

Built in 1924 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00551020-000000
  • Additional Assessor Parcel Number 2: 0085770-000000
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 103.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 15884.11
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, RV Parking Open, Off Street Parking, Guest Parking, Open Parking
  • Year Built: 1924
  • Alternate Key Number: 1676616
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 64883.00
  • Porch Balcony: Screened P/B, Screened Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 3031.00
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Fireplace(s), Dade County Pine, Quartz Countertops, Bar, Entrance Foyer
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Wine Cooler, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood
  • Specialty Rooms: Sun/Florida Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 6
  • Sq Ft Remarks: 6 parcel's in total. Living SQFT=Main house 2161 + Guest House 870

Exterior Features

  • Waterfront: Oceanfront, Open Water, Canal Front
  • Waterfront: Yes
  • Construction: CBS, Frame, Concrete
  • Exterior Features: Chickee Hut, Storage, Shed, Outdoor Shower, Rain Gutters, Detached Guest Qtrs, Fencing
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: No

Utilities

  • Security: Other
  • Utilities: FKAA, Elect Separate Meter, Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00551050-000000
  • Lot Size: 6 lots
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.43

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 2.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2020
Closed on
Oct 30, 2020
Sold by
Colgan Sean P and Trust Of Sean P Colgan
Bought by
Pink Shells Llc
Seller's Agent
Holly Hight
Ocean Sotheby's International Realty
Buyer's Agent
Ana Zalesky, P.A.
Shoreline Properties
List Price
$2,850,000
Sold Price
$2,285,000
Premium/Discount to List
-$565,000
-19.82%
Current Estimated Value
$836,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,448,919
Avg. Annual Appreciation
-17.46%

Purchase Details

Closed on
Jun 4, 2012
Bought by
Colgan Sean P Agr Trust 5/2008

Purchase Details

Closed on
May 18, 2012
Bought by
Colgan Sean P Agr Trust 5/2008

Purchase Details

Closed on
May 5, 2011
Bought by
Colgan Sean P Agr Trust 5/2008

Purchase Details

Closed on
Aug 25, 2009
Bought by
Colgan Sean P Agr Trust 5/2008
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 Buyer Sale Price Title Company
Pink Shells Llc $2,285,000 None Available
Colgan Sean P Agr Trust 5/2008 $100 --
Colgan Sean P -- Attorney
Colgan Sean P -- Attorney
Colgan Sean P Agr Trust 5/2008 $1,417,000 --
Colgan Sean P $1,417,000 Attorney
Colgan Sean P Agr Trust 5/2008 $100 --
Colgan Sean P Agr Trust 5/2008 $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $2,285,000 -6.7% $754 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
07/22/2020 07/22/20 Price Changed $2,450,000 -14.0% $808 / Sq Ft
01/12/2020 01/12/20 For Sale $2,850,000 -- $940 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $5,597 $675,959 $454,774 $221,185
2024 $5,146 $740,890 $524,740 $216,150
2023 $5,146 $685,422 $481,011 $204,411
2022 $4,562 $600,141 $393,555 $206,586
2021 $3,929 $395,529 $212,082 $183,447
2020 $3,111 $348,226 $194,591 $153,635
2019 $3,017 $351,996 $196,777 $155,219
2018 $2,851 $321,916 $174,913 $147,003
2017 $2,713 $310,984 $0 $0
2016 $2,658 $297,459 $0 $0
2015 $684 $38,317 $0 $0
2014 $584 $26,701 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589119

Florida Keys Board of REALTORS®

APN: 00551050-000000