NOT LISTED FOR SALE

55 Ocean Dr Key Largo, FL 33037

Estimated Value: $1,714,278 - $2,066,000

3 Beds
2.5 Baths
2,716 Sq Ft
$691/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $1,775,000 $654 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,690/month

58 Days on Market

Highlights

  • Ocean View
  • Private Dock
  • Sitting Area In Primary Bedroom
  • Coral Shores High School Rated A
  • Boating
  • 1-minute walk to Schwingggg

About This Home

As of April 2024

Breathtaking Ocean View & Breezes! Exquisite waterfront home, nestled in a prime location on Ocean Drive, offers unparalleled ocean access ideal for boating enthusiasts. Several balconies provide the perfect setting for alfresco dining, sunbathing, or simply enjoying the natural beauty. Built in 2011, impact windows & doors features a 3-level design with 2716 sf with an elevator for convenience to all floors. It includes two guest bedrooms on the main floor, complemented by 1.5 baths. The third floor is dedicated to the generously sized owner's en-suite, walk-in closet, and large laundry. The gourmet kitchen is a chef's dream, featuring state-of-the-art appliances, ample counter space, and custom cabinetry. The 50ft protected concrete dock is perfect for quick trips to the sandbar & reefs.

Last Agent to Sell the Property

Maria Canto

American Caribbean Real Estate License #0626852 Listed on: 02/20/2024

Last Buyer's Agent

Robert Valenzuela

Century 21 Circle License #0656432

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,231

Year Built

  • Built in 2011

Lot Details

  • 5,725 Sq Ft Lot
  • 50 Ft Wide Lot
  • Home fronts a canal
  • South Facing Home
  • Property is zoned URM

HOA Fees

  • $248 Monthly HOA Fees

Property Views

  • Ocean
  • Canal

Home Design

  • Metal Roof
  • Modular or Manufactured Materials
  • Piling Construction

Interior Spaces

  • 2,716 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Storage Room
  • Tile Flooring
  • Complete Impact Glass

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Parking

  • 3 Attached Carport Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Private Dock
  • Exterior Lighting

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00555011-005801

Community Details

Overview

  • Harborage, The Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Boating
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,231

Year Built

Built in 2011

Lot Details

0

HOA Fees

$248 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2011
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Carport Y N: Yes
  • Garage Yn: No
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: HARBORAGE, THE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Elevator, Entrance Foyer, Laundry Tub, Pantry, Walk-In Closet(s), Storage, Utility Room/Laundry
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2716
  • Possible Use: Secondary
  • Window Features: Complete Impact Glass
  • Bedroom Features: Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Living Room Features: Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • Roof: Metal Roof
  • View: Canal, Ocean
  • Exterior Features: Lighting
  • Construction Type: Modular Construction, Piling Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Screened Porch
  • Pool Private: No
  • Property Condition: Piling Construction
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: HARBORAGE, THE
  • Carport Spaces: 3
  • Covered Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 248
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Boating, Clubhouse, Pool, Mandatory Hoa, Private Roads
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 00555011-005801
  • Lot Size Sq Ft: 5725
  • Zoning: URM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5231

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Apr 19, 2024
Sold by
Berger Carol J and Carol J Berger Declaration Of Trust
Bought by
Ernesto And Gabriela Dominguez Revocable Trus and Dominguez
Seller's Agent
Maria Canto
American Caribbean Real Estate
Buyer's Agent
Robert Valenzuela
Century 21 Circle
List Price
$1,950,000
Sold Price
$1,775,000
Premium/Discount to List
-$175,000
-8.97%
Views
48
Current Estimated Value
$1,878,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,070
Avg. Annual Appreciation
4.08%
Original Mortgage
$1,420,000
Outstanding Balance
$1,400,089
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$477,981

Purchase Details

Closed on
Jun 1, 1998
Sold by
Berger Erhard K and Berger Carol Berger
Bought by
Capo Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1988
Bought by
Berger Carol J Dec Of Trust 8/3000

Purchase Details

Closed on
Dec 1, 1983
Bought by
Berger Carol J Dec Of Trust 8/3000

Purchase Details

Closed on
Feb 1, 1971
Bought by
Berger Carol J Dec Of Trust 8/3000
Source: Public Records

Range of Values:

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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
Ernesto And Gabriela Dominguez Revocable Trus $1,775,000 None Listed On Document
Capo Nicholas $105,000 --
Berger Carol J Dec Of Trust 8/3000 $130,000 --
Berger Carol J Dec Of Trust 8/3000 $120,000 --
Berger Carol J Dec Of Trust 8/3000 $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ernesto And Gabriela Dominguez Revocable Trus $1,420,000
Previous Owner Berber Carol J $412,500
Previous Owner Berger Carol D $330,000
Previous Owner Berger Carol J $412,500
Previous Owner Berger Carol J $50,000
Previous Owner Berger Carol D $360,790
Previous Owner Capo Nicholas $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $1,775,000 0.0% $654 / Sq Ft
04/19/2024 04/19/24 Sold $1,775,000 -9.0% $654 / Sq Ft
02/20/2024 02/20/24 For Sale $1,950,000 0.0% $718 / Sq Ft
02/19/2024 02/19/24 Price Changed $1,950,000 -9.5% $718 / Sq Ft
11/13/2023 11/13/23 For Sale $2,155,000 -- $793 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $5,231 $618,135 -- --
2023 $5,231 $600,132 $0 $0
2022 $4,940 $582,653 $0 $0
2021 $5,032 $565,683 $0 $0
2020 $5,003 $557,873 $0 $0
2019 $4,911 $545,331 $0 $0
2018 $4,910 $535,163 $0 $0
2017 $4,810 $524,156 $0 $0
2016 $4,875 $513,376 $0 $0
2015 $4,934 $509,807 $0 $0
2014 $5,035 $505,761 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11536516

MIAMI REALTORS® MLS

APN: 00555011-005801