Seller's Agent in 2024
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
(305) 394-3037
168 in this area
210 Total Sales
45 Cormorant Dr Key Largo, FL 33037
Estimated Value: $2,737,000 - $3,551,000
4
Beds
4
Baths
3,300
Sq Ft
$992/Sq Ft
Est. Value
Highlights
- Boat Ramp
- Dock made with concrete
- Property Fronts a Bay or Harbor
- Coral Shores High School Rated A
- Boat Lift
- New Construction
About This Home
As of March 2024Stunning new three-Story BayView Residence. This Light-Filled 4-Bdrm, 4-Ba Residence Enjoys Nightly Sunset Views. State-Of-The-Art Kitchen & Extraordinary Finishes Throughout. Owners Bedroom Suite Generously Provides 2 Walk-In Closets, Dressing Area, Sumptuous Bath And Expansive Roof Top Terrace. Step into an open living area that effortlessly flows, providing a perfect setting for entertaining or enjoying quiet moments of serenity. The floor-to-ceiling glass design provides an inviting backdrop Opening Up To Oversized Outdoor Terraces and Splendor! For those who cherish the outdoor allure of the Keys, the concrete dockage with deep water direct access beckons. Your personal gateway to the crystal-clear waters, embark on boating adventures, fishing expeditions, or diving explorations right from your doorstep. This home caters to the water enthusiast, offering a privileged lifestyle. In every aspect, this modern haven is a celebration. A harmonious fusion of luxury, nature, and waterfront living. This is more than a home; it's an invitation to savor life's most indulgent moments against the backdrop of stunning sunsets and the allure of the open water. Your waterfront paradise awaits - where every day feels like a vacation, and every sunset is a masterpiece. Welcome home to the epitome of coastal living in Key Largo. Includes an Elevator to all floors. Offered turn-key and Available for Your Immediate Enjoyment! Seller Financing Available.
Last Agent to Sell the Property
American Caribbean Real Estate, Christie's International Real Estate License #626852 Listed on: 02/05/2024
Last Buyer's Agent
Thomas Magaldi
Coastal Real Estate Professionals, LLC
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,900
Year Built
- Built in 2023 | New Construction
Lot Details
- 4,000 Sq Ft Lot
- Property Fronts a Bay or Harbor
- Property is zoned URM - Urban Res Mobile Home District
Home Design
- Concrete Roof
Interior Spaces
- 3,300 Sq Ft Home
- 3-Story Property
- Elevator
- Furnished
- Blinds
- Entrance Foyer
- Tile Flooring
- Gulf Views
- Impact Glass
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Quartz Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 4 Parking Spaces
- Carport
Eco-Friendly Details
- ENERGY STAR/CFL/LED Lights
Outdoor Features
- Boat Lift
- Dock made with concrete
- Balcony
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Public Hookup Available For Sewer
Listing and Financial Details
- Minimum Rental Period: 28
- Assessor Parcel Number 00532701-038500
Community Details
Overview
- No Home Owners Association
- Sexton Cove Subdivision
Recreation
- Boat Ramp
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2024
Closed on
Mar 7, 2024
Sold by
Medina Rafael J
Bought by
Jeff Biegun Holdings Llc
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Thomas Magaldi
Coastal Real Estate Professionals, LLC
List Price
$3,799,000
Sold Price
$3,600,000
Premium/Discount to List
-$199,000
-5.24%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$325,743
Avg. Annual Appreciation
-4.75%
Original Mortgage
$2,700,000
Outstanding Balance
$1,858,607
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,415,650
Purchase Details
Closed on
May 5, 2006
Sold by
Watt James C
Bought by
Medina Rafael J and Medina Edenia I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,200
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 4, 2002
Sold by
Thomas G Gardner M and Gardner M Mary C
Bought by
Watt James C and Watt Constance J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
6.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 28, 2002
Bought by
Medina Refael J and Medina Edenia I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
6.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 2, 1997
Sold by
Stanley Jeanne F
Bought by
Kramer Gina G and Hough Barry F
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jeff Biegun Holdings Llc | $3,600,000 | Florida Title | |
| Medina Rafael J | $679,000 | None Available | |
| Watt James C | $37,500 | -- | |
| Watt James C | $37,500 | -- | |
| Watt James C | $37,500 | -- | |
| Watt James C | $37,500 | -- | |
| Medina Refael J | $150,000 | -- | |
| Kramer Gina G | $136,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jeff Biegun Holdings Llc | $2,700,000 | |
| Previous Owner | Medina Rafael J | $543,200 | |
| Previous Owner | Kramer Gina G | $61,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/07/2024 03/07/24 | Sold | $3,600,000 | -5.2% | $1,091 / Sq Ft |
| 02/08/2024 02/08/24 | Pending | -- | -- | -- |
| 02/05/2024 02/05/24 | For Sale | $3,799,000 | -- | $1,151 / 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 | $12,848 | $2,916,505 | $774,615 | $2,141,890 |
| 2024 | $3,900 | $1,795,462 | $774,615 | $1,020,847 |
| 2023 | $3,900 | $615,949 | $561,600 | $54,349 |
| 2022 | $3,982 | $572,563 | $468,000 | $104,563 |
| 2021 | $3,498 | $406,941 | $290,160 | $116,781 |
| 2020 | $3,480 | $432,991 | $318,240 | $114,751 |
| 2019 | $3,284 | $408,849 | $290,160 | $118,689 |
| 2018 | $3,195 | $403,426 | $290,160 | $113,266 |
| 2017 | $2,805 | $319,506 | $0 | $0 |
| 2016 | $2,655 | $279,794 | $0 | $0 |
| 2015 | $2,233 | $169,959 | $0 | $0 |
| 2014 | $2,224 | $162,328 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Canto
-
T
Buyer's Agent in 2024
Thomas Magaldi
Coastal Real Estate Professionals, LLC
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 608566
APN: 00532701-038500
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