NOT LISTED FOR SALE

62 Sunset Rd Key Largo, FL 33037

Estimated Value: $3,566,000 - $4,712,000

3 Beds
3 Baths
2,689 Sq Ft
$1,542/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $2,500,000 $930 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $23,764/month

48 Days on Market

Highlights

  • Dock made with wood
  • Property Fronts a Bay or Harbor
  • Solar Power System
  • Coral Shores High School Rated A
  • Gulf View
  • 1-minute walk to Old Settler's Park

About This Home

As of January 2019

Nestled in one of Key Largo's best neighborhoods this Bay front property sits on almost half an acre of land with beautiful sunset views. Enjoy Florida Bay and a private beach as your back yard. The home was completely renovated by the current owners who opened up the floor plan, enclosed a porch, added office spaces and a sun room, and redid the plumbing and electric, adding solar hot water too. A Level 2 Tesla charger and Twelve Big Ass (brand name) fans were recently added. The original owner over-engineered the home with massive concrete slabs and beams.

Last Agent to Sell the Property

Alberto Martinez

Keller Williams Capital Realty - Coral Gables License #3306645 Listed on: 11/12/2018

Keller Williams Capital Realty - Coral Gables

Co-Listed By

Martha Carter

Engel & Volkers Islamorada License #3181997

Last Buyer's Agent

Cheryl Lee-Talbert

Keller Williams Realty Premier Properties - Kendall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,822

Year Built

  • Built in 1982

Lot Details

  • 0.48 Acre Lot
  • Property Fronts a Bay or Harbor

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,689 Sq Ft Home
  • Gulf Views

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Garage
  • Open Parking
  • Off-Street Parking

Additional Features

  • Solar Power System
  • Dock made with wood
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Sunset Point Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,822

Year Built

Built in 1982

Lot Details

0.48 Acres

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 95.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7822.09
  • Vehicle Storage: Garage, Off Street Parking, Open Parking
  • Year Built: 1982
  • Alternate Key Number: 00490950-000000
  • Lot Sq Ft: 20855.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 2689.00
  • G F Utilities: Solar Panels
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Refrigerator, Oven
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: Concrete
  • Waterview: Bay/Gulf View

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: No
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
Jan 23, 2019
Sold by
Lewis Miller Steven and Lewis Marianette Tonia
Bought by
Smith Randall Elijah and Smith Tronnia Jean
Seller's Agent
Alberto Martinez
Keller Williams Capital Realty - Coral Gables
Buyer's Agent
Cheryl Lee-Talbert
Keller Williams Realty Premier Properties - Kendall
List Price
$2,850,000
Sold Price
$2,500,000
Premium/Discount to List
-$350,000
-12.28%
Current Estimated Value
$4,145,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,645,544
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Jan 1, 1992
Bought by
Miller Steven and Miller Sledd Tonia

Purchase Details

Closed on
Jul 1, 1980
Bought by
Miller Steven and Miller Sledd Tonia

Purchase Details

Closed on
Dec 1, 1979
Bought by
Miller Steven and Miller Sledd Tonia
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
Smith Randall Elijah $2,500,000 Coral Reef Title
Miller Steven $548,000 --
Miller Steven $78,000 --
Miller Steven $55,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $2,500,000 -12.3% $930 / Sq Ft
12/30/2018 12/30/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $2,850,000 -- $1,060 / 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 $26,332 $3,798,460 $2,905,078 $893,382
2024 $23,566 $3,722,714 $2,905,078 $817,636
2023 $23,566 $3,417,868 $2,746,041 $671,827
2022 $20,302 $2,912,112 $2,226,520 $685,592
2021 $17,898 $2,114,211 $1,484,347 $629,864
2020 $17,880 $2,097,300 $1,484,347 $612,953
2019 $7,819 $903,720 $0 $0
2018 $7,822 $886,870 $0 $0
2017 $7,657 $868,629 $0 $0
2016 $7,767 $850,763 $0 $0
2015 $7,850 $844,849 $0 $0
2014 $8,008 $838,144 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alberto Martinez

    Seller's Agent in 2019

    Alberto Martinez

    Keller Williams Capital Realty - Coral Gables

    (305) 766-6679

    8 in this area

    18 Total Sales

    Alberto Martinez
    Section Image
  • Martha Carter

    Seller Co-Listing Agent in 2019

    Martha Carter

    Engel & Volkers Islamorada

    (305) 522-0188

    9 in this area

    11 Total Sales

    Martha Carter
    Section Image

  • C

    Buyer's Agent in 2019

    Cheryl Lee-Talbert

    Keller Williams Realty Premier Properties - Kendall

  • r

    Buyer's Agent in 2019

    reCheryl Lee-Talbert

    RE/MAX Keys Properties

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 582767

Florida Keys Board of REALTORS®

APN: 00490950-000000

Florida Monroe County Key Largo 33037

62 Sunset Rd, Key Largo, FL

Not Listed for Sale

Detached

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