NOT LISTED FOR SALE

418 Laguna Ave Key Largo, FL 33037

Estimated Value: $3,022,870 - $3,784,000

5 Beds
3.5 Baths
3,698 Sq Ft
$912/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $3,425,000 $926 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $19,112/month

140 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • Media Room
  • Coral Shores High School Rated A
  • Boating
  • 1-minute walk to Schwingggg

About This Home

As of September 2024

A modern waterfront island masterpiece, located in one of the finest locations of Key Largo, Port Largo. This concrete waterfront pool home, with 5 bedrooms and 3.5 baths has been completely and masterfully, transformed in 2023. OWNER FINANCING MAY BE POSSIBLE. The finest and most luxurious features and amenities have been incorporated into this reimagined property, imparting a privileged ambiance in paradise, and yet is just a fast 1-hour commute from Miami International. The unyielding strength of concrete construction with all impact glass windows and doors will give you the peace of mind you are seeking in the Keys

Last Agent to Sell the Property

Sally Stribling

Coldwell Banker Schmitt R.E. License #3159204 Listed on: 05/02/2024

Coldwell Banker Schmitt R.E.

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,152

Year Built

  • Built in 2023

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Home fronts a canal
  • South Facing Home
  • Fenced
  • Property is zoned is

Home Design

  • Substantially Remodeled
  • Concrete Roof
  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,698 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Media Room
  • Ceramic Tile Flooring
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • 4 Attached Carport Spaces
  • Paver Block

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Property has ocean access
  • Canal Width 1-80 Feet
  • Boat Hoist or Davit
  • Deeded Boat Dock
  • Deck
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00453475-003400

Community Details

Overview

  • Property has a Home Owners Association
  • Voluntary home owners association
  • Port Largo 5Th Add Subdivision

Recreation

  • Boating
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,152

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Carport Y N: Yes
  • Directions: At mile market 100.1, turn east towards the ocean on Laguna Avenue. pass the first cross-section with stop sign, , proceed on Laguna, house on Left, Sign on property.
  • Garage Yn: No
  • Horses: No
  • Inclusions: Boat Hoists/Davits,Private Dock,Unrestricted Salt Water Access, Dock Owned/Included,Electric Available,Hoist/Davit
  • Lot Size: 80x125
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: PORT LARGO 5TH ADD
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, French Doors, Split Bedroom, Walk-In Closet(s), Family Room, Media Room, Other
  • Spa Yn: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 3698
  • Possible Use: Secondary
  • Window Features: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Formal Dining, Kitchen Dining, Other
  • Living Room Features: Family Room, Media Room, Other
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete, Metal Roof
  • View: Canal
  • Construction Type: CBS Construction, Stucco
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Porch
  • Pool Features: In Ground, Concrete, Equipment Stays
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Canal Width 1-80 Feet
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PORT LARGO 5TH ADD
  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Parking Features: Attached Carport, Covered, Paver Block, Limited # Of Vehicle

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Boating, Pool, Tennis Court(s), Paved Road, Voluntary Hoa
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: None, Voluntary

Lot Info

  • Parcel Number: 00453475-003400
  • Lot Size Sq Ft: 10000
  • Zoning: is
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Sep 17, 2024
Sold by
David M And Sherry G Rieck Family Trust and Rieck David M
Bought by
Andrew Procell Living Trust
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt R.E.
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$3,875,000
Sold Price
$3,425,000
Premium/Discount to List
-$450,000
-11.61%
Views
58
Current Estimated Value
$3,372,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,532
Avg. Annual Appreciation
-1.14%

Purchase Details

Closed on
May 10, 2022
Sold by
Benitez Leonel R and Benitez Lizette P
Bought by
David M And Sherry G Rieck Family Trust

Purchase Details

Closed on
Aug 8, 2001
Sold by
Max C Undorfer Sr M and Juanita E Undorfer M
Bought by
Benitez Leonel R and Benitez Lizette P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 1994
Sold by
Hernandez Celina Madelaine and Hernandez Noel
Bought by
Undorfer Max C and Undorfer Juanita E

Purchase Details

Closed on
Oct 1, 1990
Bought by
Benitez Leonel R and Benitez Lizette P

Purchase Details

Closed on
Apr 1, 1988
Bought by
Benitez Leonel R and Benitez Lizette P
Source: Public Records
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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
Andrew Procell Living Trust $3,425,000 None Listed On Document
David M And Sherry G Rieck Family Trust $1,940,000 New Title Company Name
Benitez Leonel R $625,000 --
Undorfer Max C $430,000 --
Benitez Leonel R $425,000 --
Benitez Leonel R $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benitez Leonel R $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2024 09/20/24 Sold $3,425,000 -7.4% $926 / Sq Ft
08/07/2024 08/07/24 Price Changed $3,697,000 -4.6% $1,000 / Sq Ft
05/02/2024 05/02/24 For Sale $3,875,000 +99.7% $1,048 / Sq Ft
03/09/2022 03/09/22 Sold $1,940,000 0.0% $444 / Sq Ft View Prior Sale
12/13/2021 12/13/21 Pending -- -- --
09/25/2021 09/25/21 Off Market $1,940,000 -- --
03/30/2021 03/30/21 For Sale $2,100,000 -- $480 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $18,980 $2,862,174 $1,235,000 $1,627,174
2024 $16,152 $2,498,756 $1,163,750 $1,335,006
2023 $16,152 $1,938,762 $1,176,000 $762,762
2022 $12,978 $1,720,174 $969,600 $750,574
2021 $11,936 $1,380,404 $496,800 $883,604
2020 $11,047 $1,261,789 $518,400 $743,389
2019 $11,330 $1,297,522 $518,400 $779,122
2018 $10,973 $1,300,794 $518,400 $782,394
2017 $9,640 $1,067,338 $0 $0
2016 $9,589 $1,022,240 $0 $0
2015 $9,036 $941,001 $0 $0
2014 $8,513 $855,035 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11580590

MIAMI REALTORS® MLS

APN: 00453475-003400