NOT LISTED FOR SALE

705 Grouper Ln Key Largo, FL 33037

Estimated Value: $2,462,101 - $3,147,000

3 Beds
3 Baths
2,728 Sq Ft
$980/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $1,700,000 $623 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $15,518/month

25 Days on Market

Highlights

  • Ocean View
  • Boat Lift
  • Spa
  • Coral Shores High School Rated A
  • Newly Remodeled
  • 1-minute walk to Sunset Point Park 2

About This Home

As of November 2020

Fisherman's paradise, one lot from open ocean, Electric gated driveway, water views from every room, private elevator, 60AMP electric car station, Driveway and boat dock in travertine, electric boat lift, large jacuzzi, bidet toilet, remote control sliding door shades, wall safe, hard wired for cameras, custom stereo throughout, marble edged front facia, house can be purchased fully furnished with almost new boat 250hp, extra refrigerator and deep freezer in storage room, office room can also sleep 2 additional people, ideal for VRBO rental, seller can hold short term financing up to 2 years, electronic locks for easy access, tankless water heater, edged glass entry door, low electric costs all LED lighting throughout, upgraded appliances, washer and dryer, sleeps 8, off floor vanities

Last Agent to Sell the Property

Harry Falterbauer

License #3006276 Listed on: 08/21/2020

Last Buyer's Agent

Harry Falterbauer

License #3006276 Listed on: 08/21/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,396

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 6,250 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced

Property Views

  • Ocean
  • Canal

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,728 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Flush Toilets
  • Low Flow Toliet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Carport
  • Automatic Garage Door Opener
  • Electric Gate

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible
  • Accessible Parking

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Spa
  • Boat Lift
  • Balcony
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Programmable Thermostat
  • Separate Meters
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00484290-000300

Community Details

Overview

  • No Home Owners Association
  • Sunrise Point Subdivision

Recreation

  • Bike Trail

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,396

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Control Depth: 4
  • Dockage Dock Length: 50
  • Fee Includes: None
  • Handicap Access: Yes
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 95.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 9395.50
  • Title: Title Ins - Buyer
  • Vehicle Storage: Auto Door Opener, Trailer Storage, Carport, Covered Parking
  • Year Built: 2018
  • Alternate Key Number: 9080271
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Heat, Central Air
  • Lot Sq Ft: 6250.00
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 2728.00
  • Pre Wired: Cable, Surround Sound, Cat 5
  • G F Interior Features: Dual Flush, Tankless Hot Wtr Htr, Programmable Thermst, Low Flow Toilets, LED Lighting
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Window Treatments, Quartz Countertops, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Elevator, Intercom, Entrance Foyer, Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Ice Machine, Oven, More Appliances, Microwave, Freezer, Dryer, Disposal
  • Floor: Concrete, Tile
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors, Impact Rstnce Doors, Impact Rstnce Window, Glass Doors
  • Total Bedrooms: 3
  • Accessibility Features: Accessible Elevator Installed, Parking

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Stucco, Concrete
  • Exterior Features: Fencing, Storage, Shed, Privacy Wall/Fence, Hot Tub
  • Roof: Metal Roof
  • Waterview: Canal View, Ocean View, Open Water View
  • Pool: No

Utilities

  • Security: Central Station Sys, Electric Gate
  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE
  • Parcel Number: 00484290-000300
  • Lot Size: 50 x125
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2025
Sold by
Alan Schwartz Living Trust and Schwartz Alan
Bought by
Grouper Lane Llc
Current Estimated Value
$2,673,025

Purchase Details

Listed on
Aug 21, 2020
Closed on
Nov 11, 2020
Sold by
Falterbauer Harry and Falterbauer Connie A
Bought by
Schwartz Alan and Alan Schwartz Living Trust
Seller's Agent
Harry Falterbauer
Buyer's Agent
Harry Falterbauer
List Price
$1,795,000
Sold Price
$1,700,000
Premium/Discount to List
-$95,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%

Purchase Details

Closed on
Nov 28, 2011
Sold by
Deluca Michelle and Jones Michelle
Bought by
Falterbauer Harry
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
Grouper Lane Llc -- None Listed On Document
Schwartz Alan $1,700,000 Rtc Title Inc
Falterbauer Harry -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2020 11/17/20 Sold $1,700,000 -5.3% $623 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $1,795,000 -- $658 / 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 $16,149 $1,821,945 -- --
2023 $16,149 $1,911,140 $845,625 $1,065,515
2022 $14,128 $1,687,353 $618,750 $1,068,603
2021 $13,297 $1,376,425 $398,750 $977,675
2020 $9,559 $996,890 $0 $0
2019 $9,396 $974,478 $266,750 $707,728
2018 $2,401 $274,786 $233,750 $41,036
2017 $2,299 $277,213 $0 $0
2016 $2,182 $250,973 $0 $0
2015 $1,970 $197,584 $0 $0
2014 $1,746 $134,656 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592183

Florida Keys Board of REALTORS®

APN: 00484290-000300