NOT LISTED FOR SALE

54 Sunset Rd Key Largo, FL 33037

Estimated Value: $434,000 - $4,941,000

0.87 Acres
$4,002,063 Price per Acre
38,040 Sq Ft Lot

Last Sold May 15, 2019

Last sale price $2,200,000 $1,131 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $20,054/month

20 Days on Market

Highlights

  • Beach Front
  • Boat Ramp
  • 38,040 Sq Ft lot
  • Coral Shores High School Rated A
  • Bay View
  • 1-minute walk to Old Settler's Park

About This Lot

As of May 2019

2 Lots w over 38,000 sf and 200' of waterfront on the Bay. This is Prime Real Estate w an all natural shoreline that has crystal clear water & a sandy bottom. ROGO Letter allows for 2 SF residences to be built on this property. New concrete pilings are on site to construct the 250' dock approved by Army Corps. This is a golden opportunity to build your own dream estate. Investors and builders you can split the 2 lots and build 2 separate homes on the Bay. Seller has permits to build 8500 sf home with a 3,000 sf 3rd floor main bedroom suite. The home will have 4 additional bedrooms, 7 bathrooms and 5 car garage. Pool and also a 1bd/1ba guest house down by the water. This permit is currently expired but can be reinstated for the next 4 months. Architect can redesign plans to fit your needs.

Last Agent to Sell the Property

Sal Livoti

Century 21 Circle License #0654805 Listed on: 03/14/2019

Century 21 Circle

Co-Listed By

Misty Pace

Century 21 Circle License #323781

Last Buyer's Agent

K. Shylon Martin

Exit Realty Florida Keys TAV

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,155

Lot Details

  • 0.87 Acre Lot
  • Lot Dimensions are 200 x 260 x 160 x 268
  • Beach Front
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Fenced
  • Cleared Lot
  • 2 Lots in the community
  • Property is zoned IS - Improved Subivision District

Additional Features

  • Bay Views
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00490900-000000

Community Details

Overview

  • Sunset Point Subdivision

Recreation

  • Boat Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$10,155

Lot Details

0.87 Acres

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 95.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Other Area Features
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 10154.56
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1607142
  • Dockage Dock Permit: Applied For
  • Lot Sq Ft: 38040.00
  • Species List: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Existing Utilities: Street Lights, Water Line, Sewer, Electric on Site
  • Location Site: Paved Street, Cleared Site, Fenced, Water Frontage
  • Lot Dimensions: 200 x 260 x 160 x 268
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: Yes
  • Survey Available: Yes
  • Tax Exemptions: None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Bay Front, Beach Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Waterview: Open Water View, Bay View

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE & AE
  • Parcel Number: 00490900-000000
  • Land Size: 1/2 - Less Than 1 AC, More than 1 Lot
  • Building Permit: Active Permit
  • Total Lots: 2.00

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2022
Sold by
Perez William L
Bought by
William L Perez Revocable Trust
Current Estimated Value
$3,494,915

Purchase Details

Listed on
Mar 14, 2019
Closed on
May 13, 2019
Sold by
Mark J Fischer Marital Trust
Bought by
Perez William L
Seller's Agent
Sal Livoti
Century 21 Circle
Buyer's Agent
K. Shylon Martin
Exit Realty Florida Keys TAV
List Price
$2,400,000
Sold Price
$2,200,000
Premium/Discount to List
-$200,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%

Purchase Details

Listed on
Apr 20, 2017
Closed on
May 31, 2017
Sold by
Buckman Richard S and Buckman Michelle
Bought by
Fischer Mark J and Fischer Eileen C
Seller's Agent
Michael Dooley
Dooley Realty Inc.
Buyer's Agent
Sal Livoti
Coldwell Banker Schmitt Key Largo
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%

Purchase Details

Listed on
Jul 24, 2015
Closed on
Sep 23, 2015
Sold by
Hogle Mogi O Neil and Neil Ian A O
Bought by
Buckman Richard S and Buckman Michelle
Seller's Agent
Patricia Barlow
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
List Price
$1,750,000
Sold Price
$1,400,000
Premium/Discount to List
-$350,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
William L Perez Revocable Trust -- Pincket Brian
William L Perez Revocable Trust -- Pincket Brian
Perez William L $2,200,000 Attorney
Fischer Mark J $1,900,000 Attorney
Buckman Richard S $1,400,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2019 05/15/19 Sold $2,200,000 -8.3% $1,131 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $2,400,000 +26.3% $1,234 / Sq Ft
06/27/2017 06/27/17 Sold $1,900,000 -4.8% $3,089 / Sq Ft View Prior Sale
05/02/2017 05/02/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $1,995,000 +42.5% $3,244 / Sq Ft
09/28/2015 09/28/15 Sold $1,400,000 -20.0% $797 / Sq Ft View Prior Sale
07/30/2015 07/30/15 Pending -- -- --
07/24/2015 07/24/15 For Sale $1,750,000 -- $996 / 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 $22,442 $3,507,986 $3,505,862 $2,124
2024 $20,976 $3,459,960 $3,457,836 $2,124
2023 $20,976 $3,306,836 $3,304,535 $2,301
2022 $17,667 $2,689,148 $2,686,670 $2,478
2021 $14,967 $1,793,768 $1,791,113 $2,655
2020 $15,062 $1,793,945 $1,791,113 $2,832
2019 $11,309 $1,646,337 $1,643,328 $3,009
2018 $8,873 $1,015,050 $1,011,864 $3,186
2017 $10,541 $1,217,266 $0 $0
2016 $12,882 $1,399,459 $0 $0
2015 $7,143 $761,272 $0 $0
2014 $7,263 $755,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584766

Florida Keys Board of REALTORS®

APN: 00490900-000000

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