Shane Wilson
Responds Quickly
Cypress Realty, Inc.
(239) 341-5344
125 Total Sales
7 in Key Largo
$550K - $2.3M Price Range
45 Cormorant Dr Key Largo, FL 33037
Key Largo AreaEstimated Value: $3,530,578
4
Beds
4
Baths
3,300
Sq Ft
$1,070/Sq Ft
Est. Value
Highlights
- Boat Ramp
- Boat Lift
- New Construction
- Dock made with concrete
- Property Fronts a Bay or Harbor
- Gulf View
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
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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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2024
Closed on
Mar 7, 2024
Sold by
Bought by
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
-$69,422
Avg. Annual Appreciation
-0.80%
Original Mortgage
$2,700,000
Outstanding Balance
$1,554,865
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,975,713
Purchase Details
Closed on
May 5, 2006
Sold by
Bought by
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
Bought by
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
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
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Key Largo, FL
-
Shane Wilson
-
Teresa Schwarz
Teresa Schwarz
Responds QuicklyLyfe Realty Group
(754) 714-5694
284 Total Sales
1 in Key Largo
$288,750 Price
-
Lindsay Ryan
Lindsay Ryan
EXP Realty LLC
(786) 751-4493
64 Total Sales
1 in Key Largo
$1,215,000 Price
-
Roberto Azua
Roberto Azua
RE/MAX Advance Realty II
(786) 434-9695
53 Total Sales
2 in Key Largo
$425,000 Price Range
-
Joe Vigo, P.A.
Joe Vigo, P.A.
RE/MAX All Keys Real Estate
(786) 882-4898
69 Total Sales
66 in Key Largo
$191K - $1.7M Price Range
-
Lorie LaLonde
Lorie LaLonde
American Caribbean Real Estate, Christie's International Real Estate
(855) 943-4680
41 Total Sales
10 in Key Largo
$620K - $1.2M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,600,000 | Florida Title | ||
| $679,000 | None Available | ||
| $37,500 | -- | ||
| $37,500 | -- | ||
| $37,500 | -- | ||
| $37,500 | -- | ||
| $150,000 | -- | ||
| $136,300 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,700,000 | ||
| Previous Owner | $543,200 | ||
| Previous Owner | $61,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
Seller's Agent in 2024
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
(305) 394-3037
172 Total Sales
-
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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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