NOT LISTED FOR SALE

40 Florida Dr Key Largo, FL 33037

Estimated Value: $848,000 - $1,063,000

4 Beds
3 Baths
2,116 Sq Ft
$451/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $935,000 $442 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,438/month

69 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • RV Parking in Community
  • Coral Shores High School Rated A
  • RV or Boat Parking
  • 1-minute walk to Key Largo Community Park

About This Home

As of February 2024

Discover the epitome of island living in this spacious 4/3 CBS home, nestled on an oversized corner lot in sought-after Key Largo Park. This two-story residence boasts three bedrooms and two full baths on the main floor. The open layout seamlessly connects the living room, dining area, and kitchen, providing a perfect space for gatherings.Step onto the expansive screened porch, where you can savor the tropical breeze, and retreat to the primary bedroom with its en-suite bath and walk-in closet equipped with custom built-ins. The ground floor hosts an above flood one-bedroom, one-bath guest quarters with its own kitchenette and separate central air, offering versatility and potential for various uses.The covered carport offers ample space for multiple cars and doubles as an entertainment area. The sprawling yard spans three lots, cleared and fully fenced with multiple gates, ensuring you have abundant space for all your recreational equipment and more. Plus, indulge in leisurely afternoons with your own above-ground swimming pool.As an added bonus, this Key Largo Park location grants you membership to the private Buttonwood Sound Club park, just a short walk away. For a mere few hundred dollars per year, enjoy exclusive access to a private sandy beach, pavilion, and boat ramp.Rest easy knowing this Key Largo home is well-maintained, featuring a sturdy metal roof and a complete set of accordion shutters for your peace of mind. Embrace the true essence of the island life - make this Key Largo oasis yours today!

Last Agent to Sell the Property

Lorie Leal

American Caribbean Real Estate, Christie's International Real Estate License #0703307 Listed on: 10/12/2023

Last Buyer's Agent

Angel DiGiorgio

American Caribbean Real Estate, Christie's International Real Estate License #3418079

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,630

Year Built

  • Built in 2010

Lot Details

  • 8,550 Sq Ft Lot
  • Fenced
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 2,116 Sq Ft Home
  • Bar
  • Tile Flooring
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • Guest Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Boat Ramp
  • Screened Balcony
  • Screened Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00527880-000000

Community Details

Overview

  • Key Largo Park Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Boat Ramp
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,630

Year Built

Built in 2010

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 360.00
  • Mandatory HOA: No
  • Fee Includes: Other
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 101.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Beach
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3630.06
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, RV Parking Open, Trailer Storage, Off Street Parking, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2010
  • Alternate Key Number: 1647128
  • Cooling Heating: Central Air
  • Lot Sq Ft: 8550.00
  • Porch Balcony: Screened P/B, Screened Patio
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2116.00
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Walk-in Closet(s), Bar
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Total Bedrooms: 4
  • Sq Ft Remarks: Includes above flood downstairs 1/1 guest qtrs

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Shed
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: Other
  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00527880-000000
  • Lot Size: 205x50x155x73
  • Land Size: More than 1 Lot
  • Acres: 0.20

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Feb 8, 2024
Sold by
Pfaff Paul H and Pfaff Megan
Bought by
Agelis Georgio
Seller's Agent
Lorie Leal
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Angel DiGiorgio
American Caribbean Real Estate, Christie's International Real Estate
List Price
$998,000
Sold Price
$935,000
Premium/Discount to List
-$63,000
-6.31%
Views
54
Current Estimated Value
$953,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,794
Avg. Annual Appreciation
1.02%
Original Mortgage
$575,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 20, 2016
Sold by
Prado Jorge and Pittius Richard G
Bought by
Pfaff Megan and Pfaff Paul H

Purchase Details

Listed on
Nov 18, 2013
Closed on
Mar 13, 2014
Sold by
Gonzalez Maday Acevedo
Bought by
Prado Jorge and Pittius Richard G
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Holly Hight
Ocean Sotheby's International Realty
List Price
$389,000
Sold Price
$360,000
Premium/Discount to List
-$29,000
-7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$255,000
Interest Rate
4.35%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 12, 2011
Sold by
Cp1 Llc
Bought by
Gonzalez Maday Acevedo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 27, 2006
Sold by
Vidal Jose M and Gomez Jesus M
Bought by
Cp1 Llc

Purchase Details

Closed on
Jul 19, 2004
Sold by
Garcia Jose M and Coffey Garcia Michelle
Bought by
Vidal Jose M and Gomez Jesus M

Purchase Details

Closed on
Mar 10, 2004
Bought by
Prado Jorge

Purchase Details

Closed on
Jun 30, 1997
Sold by
Clary Nursery & Landscaping Inc
Bought by
Ramos Jesus M and Ramos Eldanira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.93%

Purchase Details

Closed on
Jun 1, 1997
Bought by
Prado Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.93%

Purchase Details

Closed on
Jan 1, 1995
Bought by
Prado Jorge
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
Agelis Georgio $935,000 Coral Reef Title
Pfaff Megan $520,000 Attorney
Prado Jorge $360,000 Attorney
Gonzalez Maday Acevedo $360,000 Coral Reef Title Company
Cp1 Llc -- Attorney
Vidal Jose M $90,000 Coral Reef Title Company
Prado Jorge -- --
Ramos Jesus M $25,000 --
Prado Jorge -- --
Prado Jorge $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Agelis Georgio $575,000
Previous Owner Prado Jorge $255,000
Previous Owner Gonzalez Maday Acevedo $280,000
Previous Owner Ramos Jesus M $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2024 02/08/24 Sold $935,000 -6.3% $442 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $998,000 +91.6% $472 / Sq Ft
07/07/2017 07/07/17 Sold $521,000 -5.1% $246 / Sq Ft View Prior Sale
06/26/2017 06/26/17 Pending -- -- --
05/13/2017 05/13/17 For Sale $549,000 +52.5% $259 / Sq Ft
03/13/2014 03/13/14 Sold $360,000 0.0% $178 / Sq Ft View Prior Sale
03/13/2014 03/13/14 Sold $360,000 -5.0% $178 / Sq Ft View Prior Sale
02/21/2014 02/21/14 Pending -- -- --
01/30/2014 01/30/14 For Sale $379,000 -2.6% $188 / Sq Ft
11/18/2013 11/18/13 For Sale $389,000 -- $192 / 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 $4,151 $753,039 $387,014 $366,025
2024 $3,866 $486,080 -- --
2023 $3,866 $451,774 $0 $0
2022 $3,630 $445,241 $0 $0
2021 $3,489 $384,959 $0 $0
2020 $3,461 $378,893 $0 $0
2019 $3,352 $366,132 $0 $0
2018 $3,263 $347,873 $76,950 $270,923
2017 $3,138 $333,597 $0 $0
2016 $3,100 $317,939 $0 $0
2015 -- $315,311 $0 $0
2014 -- $269,246 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 607002

Florida Keys Board of REALTORS®

APN: 00527880-000000