NOT LISTED FOR SALE

676 N Lake Dr Key Largo, FL 33037

Estimated Value: $995,000 - $1,693,000

4 Beds
3 Baths
2,100 Sq Ft
$560/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $639,000 $304 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $6,952/month

15 Days on Market

Highlights

  • Boat Ramp
  • Under Construction
  • No HOA
  • Coral Shores High School Rated A
  • Granite Countertops
  • 1-minute walk to Government Center Park

About This Home

As of February 2021

Brand new quality construction in fantastic Key Largo location to start your Keys Life. CBS 4 bedroom/3 bath home steps from the boat ramp. Bright and airy with an open floor plan, high ceilings and large kitchen with stainless steel appliances and quartz counter-top 3 bedrooms, 2 bath on main level and lower level features 1BD/1BA and storage room .Energy efficient dual A/C units. Plenty of parking and room for a pool. Hurricane impact windows and doors and metal roof allow for low insurance cost. Located close to PenneKamp State Park, shopping, restaurants and easy drive to mainland. Estimated time of completion October/November 2020.

Last Agent to Sell the Property

Terry Canto

American Caribbean Real Estate, Christie's International Real Estate License #626852 Listed on: 08/20/2020

Last Buyer's Agent

Lucy Doyle

Century 21 Keysearch Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $656

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 6,600 Sq Ft Lot
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Carport

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00548980-000000

Community Details

Overview

  • No Home Owners Association
  • Twin Lakes Subdivision

Recreation

  • Boat Ramp

Pet Policy

  • Pets Allowed

Property Details

Property Type

Other

Est. Annual Taxes

$656

Year Built

Built in 2020 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Under Construction
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 103.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 656.24
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport
  • Vehicle Storage Cars: 4+
  • Year Built: 2020
  • Alternate Key Number: 1672467
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6600.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2100.00
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Other
  • Stories: 2

Interior Features

  • Interior Amenities: Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00548980-000000
  • Lot Size: 60 x 110
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Feb 8, 2021
Sold by
Jsmg Holdings Llc
Bought by
Bennett Waylon Eric and Landers Bennett Caitlin
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Lucy Doyle
Century 21 Keysearch Realty
List Price
$639,000
Sold Price
$639,000
Current Estimated Value
$1,175,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,378
Avg. Annual Appreciation
14.27%
Original Mortgage
$543,150
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2019
Closed on
Apr 17, 2019
Sold by
Gorman Gary E and Gorman Dawn E
Bought by
Jsmg Holdings Llc
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Terry Canto,Top Producer
American Caribbean Real Estate, Christie's International Real Estate
List Price
$139,000
Sold Price
$125,000
Premium/Discount to List
-$14,000
-10.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
145.10%

Purchase Details

Listed on
Mar 1, 2019
Closed on
Apr 15, 2019
Sold by
Gorman Gary E and Gorman Dawn E
Bought by
Jsmg Holdings Llc
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Terry Canto,Top Producer
American Caribbean Real Estate, Christie's International Real Estate
List Price
$139,000
Sold Price
$125,000
Premium/Discount to List
-$14,000
-10.07%

Purchase Details

Closed on
Apr 28, 2006
Sold by
Granzotti Angelo and Granzotti Sara
Bought by
Gorman Gary E and Gorman Dawn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 31, 2002
Bought by
Gorman Gary E and Gorman Dawn E

Purchase Details

Closed on
Aug 24, 2000
Sold by
Gonzalez Manuel and Gonzalez Maria L
Bought by
Meyreles Guarionex A

Purchase Details

Closed on
Jun 1, 1987
Bought by
Gorman Gary E and Gorman Dawn E

Purchase Details

Closed on
Jan 1, 1983
Bought by
Gorman Gary E and Gorman Dawn E
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
Bennett Waylon Eric $639,000 Absolute First Title Llc
Jsmg Holdings Llc $125,000 None Listed On Document
Jsmg Holdings Llc $125,000 None Listed On Document
Gorman Gary E $160,000 Excel Title Of The Keys Inc
Gorman Gary E $37,600 --
Meyreles Guarionex A $28,000 --
Gorman Gary E $11,500 --
Gorman Gary E $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Waylon Eric $180,000
Closed Bennett Waylon $100,000
Open Bennett Waylon E $543,150
Closed Bennett Waylon Eric $543,150
Previous Owner Gorman Gary E $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2021 02/08/21 Sold $639,000 0.0% $304 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $639,000 +411.2% $304 / Sq Ft
04/15/2019 04/15/19 Sold $125,000 -10.1% --
03/04/2019 03/04/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $139,000 -- --
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 $6,714 $866,314 $382,668 $483,646
2023 $6,714 $817,402 $343,200 $474,202
2022 $5,710 $648,953 $226,512 $422,441
2021 $4,601 $490,063 $123,552 $366,511
2020 $1,093 $95,261 $94,380 $881
2019 $656 $95,324 $94,380 $944
2018 $663 $95,386 $94,380 $1,006
2017 $534 $55,981 $0 $0
2016 $512 $45,844 $0 $0
2015 $456 $27,597 $0 $0
2014 $449 $19,605 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592177

Florida Keys Board of REALTORS®

APN: 00548980-000000