NOT LISTED FOR SALE

70 Ocean Front Dr Key Largo, FL 33037

Estimated Value: $4,153,690 - $4,748,000

4 Beds
4 Baths
3,934 Sq Ft
$1,109/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $3,400,000 $864 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $25,404/month

29 Days on Market

Highlights

  • Ocean Front
  • Sandy Beach
  • Concrete Pool
  • Coral Shores High School Rated A
  • Boat Slip
  • 1-minute walk to Schwingggg

About This Home

As of February 2022

Welcome home is how you feel when you enter this stunning oceanfront coastal style 3,934 sq. ft. concrete home that features Ocean Views from all 3 levels of this 4-bedroom, 4-bath home. You will love to take in the views of the ocean from one of the many wraparound marble oceanfront balconies, the heated swimming pool, sandy beach, or from the 70ft concrete dock, which boasts a 15K lbs. boatlift. This well-built custom home features many quality upgrades, including Florentine marble flooring, cypress covered vaulted ceilings, two completely separate living areas & chef's kitchens, a windowed elevator that services all 3 levels, impact windows & doors, a self-sufficient generator that services the entire house & has a 1,000-gallon propane tank, & the ''bonded whole house lightning protection'' metal roof with a weather station. Spectacular ocean views aren't the only thing this home has to offer; the gated entry, spacious 2+ car garage, the extra-large private 21,875 sq. ft lot, & its proximity to local schools, stores, & restaurants make this home perfect for all your needs. Located in the desirable Key Largo Ocean Shores Neighborhood, the home is situated on a quiet street. This property is being offered as ''Turn-Key'' with nicely appointed furniture, except some artwork & personal items.

Last Agent to Sell the Property

Tom Rodriguez

American Caribbean Real Estate, Christie's International Real Estate License #493286 Listed on: 12/22/2021

Last Buyer's Agent

Vanessa J. Chamizo, Professional Agent

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,877

Year Built

  • Built in 1993

Lot Details

  • 0.71 Acre Lot
  • Ocean Front
  • Sandy Beach
  • Fenced
  • Property is zoned IS - Improved Subivision District

Parking

  • 2 Car Garage

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,934 Sq Ft Home
  • 3-Story Property
  • Bar
  • Ceiling Fan
  • Blinds
  • Concrete Flooring
  • Ocean Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Pool

  • Concrete Pool
  • Lap Pool
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Boat Slip
  • Exterior Lighting

Utilities

  • Central Air
  • Separate Meters
  • Whole House Permanent Generator
  • Propane
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Key Largo Ocn Shores Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00498710-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,877

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Fee Includes: None
  • Handicap Access: Yes
  • Key Island: Key Largo
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 15877.05
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage
  • Vehicle Storage Cars: 2
  • Year Built: 1993
  • Alternate Key Number: 8764600
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 21875.00
  • Pool Info: Concrete, Lap, In Ground
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 3934.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Elevator
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Microwave, Dryer, Disposal
  • Floor: Concrete
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 4
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Bar, Sandy Beach, Outdoor Shower, Fencing, Lighting
  • Roof: Combo Roof, Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Elect Separate Meter, Propane, Whole House Generatr, Water Separate Meter, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: VE,VE,VE
  • Parcel Number: 00498710-000100
  • Lot Size: 21,875
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.71

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2021
Closed on
Mar 15, 2022
Sold by
Ettinger Mark P and Boyd Mary
Bought by
Lopez Leonardo and Lopez Cynthia E
Seller's Agent
Tom Rodriguez
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Vanessa J. Chamizo, Professional Agent
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$3,395,000
Sold Price
$3,400,000
Premium/Discount to List
$5,000
0.15%
Current Estimated Value
$4,363,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$963,563
Avg. Annual Appreciation
7.18%
Original Mortgage
$2,380,000
Outstanding Balance
$2,223,687
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$2,139,876

Purchase Details

Listed on
Mar 2, 2015
Closed on
Aug 19, 2015
Sold by
Johnson Gordon K and Johnson Marie A
Bought by
Ettinger Mark P and Ettinger Mary Boyd
Seller's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
Buyer's Agent
Kim Bagnell Thaler
Brooks Clark & Company, Islamorada
List Price
$1,999,000
Sold Price
$1,999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%

Purchase Details

Closed on
Aug 25, 2003
Bought by
Ettinger Mark P and Ettinger Mary Boyd

Purchase Details

Closed on
Aug 3, 2000
Sold by
George and George Kopsaftis A
Bought by
Becker Jon and Becker Gabriele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,338
Interest Rate
8.12%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Lopez Leonardo $3,400,000 Linda Roth Pa
Ettinger Mark P $1,999,000 Attorney
Ettinger Mark P $1,500,000 --
Becker Jon $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Leonardo $2,380,000
Previous Owner Becker Jon $81,338
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2022 02/28/22 Sold $3,400,000 +0.1% $864 / Sq Ft
12/22/2021 12/22/21 For Sale $3,395,000 +69.8% $863 / Sq Ft
08/19/2015 08/19/15 Sold $1,999,000 0.0% $508 / Sq Ft View Prior Sale
06/03/2015 06/03/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $1,999,000 -- $508 / Sq Ft
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 $26,137 $3,221,179 $1,979,212 $1,241,967
2023 $26,137 $3,139,111 $1,918,946 $1,220,165
2022 $21,907 $2,704,965 $1,316,946 $1,388,019
2021 $15,985 $1,919,268 $0 $0
2020 $16,202 $1,892,770 $752,571 $1,140,199
2019 $16,017 $1,906,534 $752,571 $1,153,963
2018 $16,149 $1,884,544 $717,571 $1,166,973
2017 $16,239 $1,898,307 $0 $0
2016 $15,380 $1,691,403 $0 $0
2015 $10,331 $1,128,013 $0 $0
2014 $10,537 $1,119,061 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598911

Florida Keys Board of REALTORS®

APN: 00498710-000100