NOT LISTED FOR SALE

5 Palm Dr Key Largo, FL 33037

North Key Largo Neighborhood

Estimated Value: $927,000 - $1,304,549

3 Beds
2 Baths
2,034 Sq Ft
$524/Sq Ft Est. Value

Last Sold July 03, 2017

Last sale price $584,000 $287 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,945/month

88 Days on Market

Highlights

  • Boat Ramp
  • Concrete Pool
  • RV Parking in Community
  • Coral Shores High School Rated A
  • RV or Boat Parking
  • 2-minute walk to Crocodile Lake National Wildlife Refuge

About This Home

As of July 2017

OFF THE BEATEN PATH! Beautiful pool home close to Ocean Reef & Card Sound Rd. Spacious 3/2 offers privacy on 3 lots. Can't do stairs? No problem, no stairs here. Collect cars? Need storage for your motorcycle, jet skis, boats, etc. No problem here, not 1 garage but 2-2 car garages. Large screened patio, heated pool. 20 mins to Homestead. Ocean Front Tiki in Homeowners park, boat ramp just 1 block away. Lovely palm trees, and away from it all. Sewer hooked-up and assessment paid in full. 1000 gallon Cistern tank (tested by FKAA). Electric meter has been upgraded with an adapter to plug in a generator for power outages.

Last Agent to Sell the Property

Terry Canto

American Caribbean Real Estate, Christie's International Real Estate License #626852 Listed on: 02/17/2017

Last Buyer's Agent

Christy Hughes

Moorings Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,005

Year Built

  • Built in 1997

Lot Details

  • 0.56 Acre Lot
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 2,034 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Open Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Screened Balcony
  • Screened Patio
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Cistern
  • Public Hookup Available For Sewer

Additional Features

  • Solar Water Heater
  • Ground Level

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00564950-000000

Community Details

Overview

  • Association fees include common area mnt
  • Gulfstream Shores Subdivision
  • RV Parking in Community

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,005

Year Built

Built in 1997

Lot Details

0.56 Acres

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Association Fee: 150.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 905.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3004.61
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, RV Parking Open, Trailer Storage, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1997
  • Alternate Key Number: 1692042
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 24583.00
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Screened P/B, Screened Patio
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion, Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 2034.00
  • G F Interior Features: Solar Water Heater
  • G F Utilities: Cistern
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s), Storage, Entrance Foyer, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Rain Gutters, Storage
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Buyer to Verify, Cistern

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00564950-000000
  • Lot Size: 282 x 128 x 200 x 102
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.56

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2025
Sold by
Reyes-Noyola Anna F and Patterson Christopher Travis
Bought by
Graham Tara and Graham Michael
Current Estimated Value
$1,065,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Outstanding Balance
$765,365
Interest Rate
4.95%
Mortgage Type
New Conventional
Estimated Equity
$300,022

Purchase Details

Listed on
Feb 17, 2017
Closed on
Jun 27, 2017
Sold by
Elverman Daniel R and Elverman Cynthia M
Bought by
Patterson Christopher Travis and Patterson Ann Felicidad
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Christy Hughes
Moorings Realty, Inc
List Price
$639,000
Sold Price
$584,000
Premium/Discount to List
-$55,000
-8.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$467,200
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2000
Sold by
Buck Berta B
Bought by
Elverman Daniel R and Elverman Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2000
Sold by
Knodle Richard L and Knodle J
Bought by
Buck Franz J and Buck Berta B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,999
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1995
Bought by
Elverman Daniel R and Elverman Cynthia M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Graham Tara $985,000 None Listed On Document
Patterson Christopher Travis $584,000 Acquisition Title Co Llc
Elverman Daniel R $290,000 --
Buck Franz J $295,000 --
Elverman Daniel R $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Tara $772,000
Previous Owner Patterson Christopher Travis $467,200
Previous Owner Buck Franz J $173,000
Previous Owner Buck Franz J $108,000
Previous Owner Buck Franz J $180,000
Previous Owner Buck Franz J $124,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2017 07/03/17 Sold $584,000 -8.6% $287 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $639,000 -- $314 / 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 $4,671 $580,189 -- --
2024 $4,478 $563,838 -- --
2023 $4,478 $547,416 $0 $0
2022 $4,205 $531,472 $0 $0
2021 $4,276 $515,993 $0 $0
2020 $4,239 $508,869 $0 $0
2019 $4,147 $497,429 $0 $0
2018 $4,138 $488,155 $169,008 $319,147
2017 $2,970 $349,740 $0 $0
2016 $3,005 $342,547 $0 $0
2015 $3,043 $340,166 $0 $0
2014 $3,091 $337,466 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terry Canto

    Seller's Agent in 2017

    Terry Canto

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 394-3037

    208 Total Sales

    Terry Canto
    Section Image

  • C

    Buyer's Agent in 2017

    Christy Hughes

    Moorings Realty, Inc

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 574325

Florida Keys Board of REALTORS®

APN: 00564950-000000

Florida Monroe County Key Largo 33037 North Key Largo

5 Palm Dr, Key Largo, FL

Not Listed for Sale

Detached

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.

Florida Keys Board of REALTORS® 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.