$2,800,000
SOLD MAR 27, 2023

475 Bahia Honda Rd Key Largo, FL 33037

4 Beds
3 Baths
2,848 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$983 Per Sq Ft

3% Below List Price

403 Days on Market

Highlights

  • New Construction
  • RV or Boat Parking
  • RV Parking in Community
  • Coral Shores High School Rated A
  • Gulf View
  • Home fronts a canal

About This Home

As of March 2023

Waterfront beauty! Built in 2020 this modern all CBS home is situated on a corner lot with over 200 ft of waterfront. Inside this home comes with all of the contemporary finishes. Gorgeous Chef's kitchen beautifully designed with a quartz waterfall island, ready for entertaining. Spiral stairs takes you to the newly turfed rooftop to enjoy stunning sunset views! Downstairs comes equipped with a full outdoor kitchen ready to entertain your guests. 80' of composite dock with an additional 125' of seawall on main canal. Plans for a 20k lb boat lift to be installed. Mosquito misting system installed to make your outdoor experience a pleasure. Approved pool plans available as well. Direct bay and ocean access through Jewfish Creek or Adams Cut. Being sold completely furnished! All you have to do is pack your swim trunks and sunglasses! Inventory list of things included and excluded in sale upon request. Professional shots to follow soon.

Last Agent to Sell the Property

Jennifer Casariego

LoKation Real Estate License #3277423 Listed on: 01/14/2022

LoKation Real Estate

Last Buyer's Agent

Non Res Agent

Non Res Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,798

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 10,000 Sq Ft Lot
  • Home fronts a canal
  • Fenced

Property Views

  • Gulf
  • Canal

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,848 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Blinds
  • Entrance Foyer
  • Storage
  • Tile Flooring

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport
  • Electric Gate
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Seawall
  • Dock made with Composite Material
  • Balcony
  • Outdoor Kitchen

Utilities

  • Central Air
  • Programmable Thermostat
  • Tankless Water Heater
  • Public Hookup Available For Sewer

Additional Features

  • Accessible Elevator Installed
  • ENERGY STAR/CFL/LED Lights

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00536880-000000

Community Details

Overview

  • No Home Owners Association
  • Lake Surprise Properties Subdivision
  • Rental Restrictions
  • RV Parking in Community

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,798

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Control Depth: 4
  • Dockage Dock: Composite
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 106.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 8797.76
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Covered Parking, RV Parking Open, Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2020
  • Alternate Key Number: 1660388
  • Cooling Heating: Central Air
  • Lot Sq Ft: 10000.00
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2848.00
  • Pre Wired: Surround Sound
  • G F Interior Features: Tankless Hot Wtr Htr, LED Lighting, Programmable Thermst
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Quartz Countertops, Window Treatments, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Elevator, Built-in Cabinets, Entrance Foyer
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Freezer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Appliances Other: cooktop
  • Total Bedrooms: 4
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Outdoor Kitchen
  • Roof: Concrete Roof
  • Waterview: Bay/Gulf View, Open Water View, Canal View
  • Pool: No

Utilities

  • Security: Electric Gate, On Premises System
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE
  • Parcel Number: 00536880-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.23

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Mar 27, 2023
Sold by
Arias Obed and Arias Cristina
Bought by
Martinez Marcos J
Seller's Agent
Jennifer Casariego
LoKation Real Estate
Buyer's Agent
Non Res Agent
Non Res Member
List Price
$2,875,000
Sold Price
$2,800,000
Premium/Discount to List
-$75,000
-2.61%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.64%
Original Mortgage
$2,000,000
Outstanding Balance
$1,951,935
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$807,273

Purchase Details

Listed on
Aug 5, 2021
Closed on
Aug 24, 2021
Sold by
Arrebola Manuel V and Arrebola Carlos
Bought by
Arias Obed and Sanchez Cristina
Seller's Agent
Lorie Leal
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Jennifer Casariego
Coldwell Banker Schmitt Key Largo
List Price
$1,995,000
Sold Price
$1,995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.76%

Purchase Details

Listed on
Mar 26, 2017
Closed on
Aug 22, 2017
Sold by
Castellon Naomi and Castellon Joseph A
Bought by
Arrebola Manuel V and Arrebola Carols
Seller's Agent
Lisa Frins
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Lorie Leal
American Caribbean Real Estate, Christie's International Real Estate
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.40%
Original Mortgage
$227,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2010
Sold by
Castellon Sonia
Bought by
Castellon Joseph A

Purchase Details

Closed on
Dec 20, 2005
Sold by
Soberon Maria
Bought by
Castellon Sonia and Castellon Naomi

Purchase Details

Closed on
Nov 19, 2002
Sold by
Soberon Maria
Bought by
Soberon Maria and Castellon Sonia

Purchase Details

Closed on
Aug 1, 1991
Bought by
Castellon Joseph A

Purchase Details

Closed on
Mar 1, 1987
Bought by
Castellon Joseph A

Purchase Details

Closed on
Jul 1, 1978
Bought by
Castellon Joseph A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,800,000 Priority Title Company
Warranty Deed $1,995,000 Attorney
Warranty Deed $325,000 Sunshine Title Of The Keys I
Interfamily Deed Transfer -- Springs Title Services Inc
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- --
Warranty Deed $40,000 --
Warranty Deed $50,000 --
Deed $8,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $515,000 New Conventional
Previous Owner $227,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $4,217,145 +50.6% $1,481 / Sq Ft
03/27/2023 03/27/23 Sold $2,800,000 -2.6% $983 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
01/14/2022 01/14/22 For Sale $2,875,000 +44.1% $1,009 / Sq Ft
08/24/2021 08/24/21 Sold $1,995,000 0.0% $700 / Sq Ft
08/05/2021 08/05/21 For Sale $1,995,000 +513.8% $700 / Sq Ft
08/25/2017 08/25/17 Sold $325,000 -7.1% $589 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
03/26/2017 03/26/17 For Sale $350,000 -- $634 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $19,100 $2,423,239 $765,475 $1,657,764
2023 $19,100 $2,313,525 $603,000 $1,710,525
2022 $14,104 $1,747,213 $502,500 $1,244,713
2021 $8,798 $1,020,902 $311,550 $709,352
2020 $2,941 $286,680 $268,000 $18,680
2019 $2,675 $239,780 $221,100 $18,680
2018 $2,708 $239,120 $224,400 $14,720
2017 $2,936 $267,164 $0 $0
2016 $2,904 $263,558 $0 $0
2015 $2,704 $223,591 $0 $0
2014 $2,669 $211,554 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599215

Florida Keys Board of REALTORS®

APN: 00536880-000000