NOT LISTED FOR SALE

624 Island Dr Key Largo, FL 33037

Estimated Value: $980,000 - $1,589,000

0.19 Acre
$6,889,052 Price per Acre
8,400 Sq Ft Lot

Last Sold October 03, 2022

Last sale price $1,350,000

Est. 2% decrease in value since last sale

Current estimated payment $7,787/month

25 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Fenced
  • Coral Shores High School Rated A
  • Beach

About This Lot

As of October 2022

The splendor and prestige of an Island Drive home awaits you. Thinking of a custom built home with dockage on the ocean? Then this is paradise found. This waterfront lot with open water views is the perfect location to make your dreams come true. Located within the golden triangle of boating, there is immediate Ocean and Bay access. No bridges to the ocean! One of the last remaining lots and the only lot available on Island drive. Island Drive is a true Island with clear flow around waters on both sides. It is also buffered from the elements as it is protected by El Radabob Key to the east. Build-able Tier III lot is the only available lot on Island Drive, one of the most sought after locations in the Upper Keys. Surrounded by multi-million dollar properties, your custom built home will envelope you in the luxury and island life-style that few are allowed. No mobile homes have ever been built in this neighborhood. 60 feet of rip rap shoreline will easily accommodate a concrete seawall, plus pier docks and boat lifts if you choose. Buyers to verify with a licensed dock builder. Realtor can recommend or bring your builder of choice. 1 hour to MIA.

Last Agent to Sell the Property

Sally Stribling

Coldwell Banker Schmitt Key Largo License #3159204 Listed on: 09/02/2022

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Sally Stribling

Coldwell Banker Schmitt Key Largo License #3159204 Listed on: 09/02/2022

Coldwell Banker Schmitt Key Largo

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,115

Lot Details

  • 8,400 Sq Ft Lot
  • Ocean Front
  • Fenced
  • Cleared Lot
  • Property is zoned IS - Improved Subivision District

Property Views

  • Ocean Views

Listing and Financial Details

  • Assessor Parcel Number 00476650-000100

Community Details

Overview

  • Largo Sound Vill Subdivision

Recreation

  • Boat Ramp
  • Beach

Property Details

Property Type

Land

Est. Annual Taxes

$5,115

Lot Details

0

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
  • Marathon Neighborhood: N/A
  • Mile Marker: 104.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Beach, Other Area Features
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5115.00
  • Alternate Key Number: 00476650-000100
  • Lot Sq Ft: 8400.00
  • Species List: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Location Site: Paved Street, Cleared Site, Fenced, Water Frontage
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • Survey Available: Yes
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Waterview: Open Water View, Ocean View

Lot Info

  • Deed Restrictions: No
  • Flood Zone: VE,VE,AE
  • Parcel Number: 00476650-000100
  • Land Size: 1/4 - 1/2 Acre

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Acosta Antonio G and Acosta Lourdes
Bought by
624 Island Drive Llc
Current Estimated Value
$1,329,587

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 3, 2022
Sold by
Pitaluga Yhoan
Bought by
Acosta Antonio G and Acosta Lourdes
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Sally Stribling
Coldwell Banker Schmitt Key Largo
List Price
$1,400,000
Sold Price
$1,350,000
Premium/Discount to List
-$50,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.50%

Purchase Details

Listed on
Jan 9, 2020
Closed on
Oct 15, 2020
Sold by
Boeken Clark
Bought by
Pitaluga Yhoan
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt R.E.
Buyer's Agent
Sally Stribling
Coldwell Banker Schmitt R.E.
List Price
$829,000
Sold Price
$600,000
Premium/Discount to List
-$229,000
-27.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.25%
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
624 Island Drive Llc -- --
Acosta Antonio G $1,350,000 Coral Reef Title
Pitaluga Yhoan $600,000 Coral Reef Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2022 10/03/22 Sold $1,350,000 -3.6% --
09/27/2022 09/27/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $1,400,000 +133.3% --
10/16/2020 10/16/20 Sold $600,000 0.0% -- View Prior Sale
10/15/2020 10/15/20 Sold $600,000 -24.5% -- View Prior Sale
09/07/2020 09/07/20 Pending -- -- --
08/07/2020 08/07/20 Pending -- -- --
05/04/2020 05/04/20 Price Changed $795,000 0.0% --
04/29/2020 04/29/20 Price Changed $795,000 -4.1% --
01/09/2020 01/09/20 For Sale $829,000 0.0% --
12/10/2019 12/10/19 For Sale $829,000 -- --
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 $9,937 $1,129,541 $1,120,434 $9,107
2023 $9,937 $1,129,770 $1,120,434 $9,336
2022 $5,828 $753,638 $744,072 $9,566
2021 $5,115 $504,511 $495,327 $9,184
2020 $4,532 $554,809 $553,728 $1,081
Source: Public Records

Agents Affiliated with this Home

  • Sally Stribling

    Seller's Agent in 2022

    Sally Stribling

    Coldwell Banker Schmitt Key Largo

    (305) 283-2002

    185 Total Sales

    Sally Stribling
    Section Image

  • J

    Buyer's Agent in 2020

    Jennifer Casariego

    Coldwell Banker Schmitt Key Largo

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 602394

Florida Keys Board of REALTORS®

APN: 00476650-000100

Florida Monroe County Key Largo 33037

624 Island Dr, Key Largo, FL

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