NOT LISTED FOR SALE

501 First St Key Largo, FL 33037

Estimated Value: $115,909 - $259,000

0.2 Acre
$833,186 Price per Acre
8,895 Sq Ft Lot

Last Sold May 03, 2024

Last sale price $120,000

Est. 42% increase in value since last sale

Current estimated payment $980/month

25 Days on Market

About This Lot

As of May 2024

Tier 3A. Checking to see how many points for Land Dedication from Environmental Planning Resources Dept will issue for this lot. Heavily wooded, with single family homes surrounding this property. Estimate is it should be worth two points.

Last Agent to Sell the Property

Barbara Eads

Barbara Eads Realty License #0414676 Listed on: 02/20/2024

Last Buyer's Agent

Barbara Eads

Barbara Eads Realty License #0414676 Listed on: 02/20/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $948

Lot Details

  • 8,895 Sq Ft Lot
  • Property is zoned IS - Improved Subivision District

Community Details

  • Ocean Park Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00446880-000000

Property Details

Property Type

Land

Est. Annual Taxes

$948

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Auction Information: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 92.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 947.58
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1546542
  • Lot Sq Ft: 8895.00
  • Species List: No
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Existing Utilities: None
  • Location Site: Paved Street, Wooded Lot
  • Lot Dimensions: triangular 123 First Street x 144.07 X 189.76
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • Survey Available: No
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Water Main Inquiry File: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Waterview: No Waterview

Utilities

  • Security: No Security

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE 9
  • Parcel Number: 00446880-000000
  • Land Size: Less Than 1/4 Acre
  • Building Permit: No Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
May 3, 2024
Sold by
Fernandez Armando
Bought by
Monroe Cnty Comprehensive Plan and Monroe County Ordinance Number 031-1986
Seller's Agent
Barbara Eads
Barbara Eads Realty
Buyer's Agent
Barbara Eads
Barbara Eads Realty
List Price
$149,000
Sold Price
$120,000
Premium/Discount to List
-$29,000
-19.46%
Views
33
Current Estimated Value
$169,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,970
Avg. Annual Appreciation
27.14%

Purchase Details

Closed on
Apr 2, 2004
Sold by
Ed Lewis Llc
Bought by
Fernandez Armando

Purchase Details

Closed on
Mar 31, 2004
Sold by
Withers Herbert John
Bought by
Ed Lewis Llc

Purchase Details

Closed on
Mar 30, 2004
Sold by
Allingham Clifton O
Bought by
Ed Lewis Llc

Purchase Details

Closed on
Feb 1, 1969
Bought by
Fernandez Armando
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Monroe Cnty Comprehensive Plan $120,000 None Listed On Document
Fernandez Armando $12,000 Coral Reef Title Company
Ed Lewis Llc $6,000 Coral Reef Title Company
Ed Lewis Llc $6,000 Coral Reef Title Company
Fernandez Armando $1,100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $120,000 -19.5% --
03/16/2024 03/16/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $149,000 -- --
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 $948 $130,671 $129,867 $804
2023 $948 $169,693 $168,827 $866
2022 $779 $111,315 $110,387 $928
2021 $782 $100,014 $99,024 $990
2020 $788 $100,076 $99,024 $1,052
2019 $664 $63,557 $62,443 $1,114
2018 $628 $52,410 $51,235 $1,175
2017 $638 $57,277 $0 $0
2016 $621 $49,962 $0 $0
2015 $556 $29,628 $0 $0
2014 $582 $30,676 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 608827

Florida Keys Board of REALTORS®

APN: 00446880-000000