NOT LISTED FOR SALE

813 Madrid Rd Key Largo, FL 33037

Estimated Value: $722,105 - $806,000

0.14 Acre
$5,468,043 Price per Acre
6,300 Sq Ft Lot

Last Sold January 16, 2022

Last sale price $225,000 $147 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $4,388/month

26 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • 1-minute walk to Harry Harris Park
  • Coral Shores High School Rated A

About This Lot

As of January 2022

Vacant land for sale in Key Largo. 6,300 sq ft zoned residential. Build now! Located on the ocean side of Overseas Highway close to restaurants and shops. Build your dream home in the Florida Keys! Lot is located on MM 102.

Last Agent to Sell the Property

Jorge De Pina

Mia Realty, Corp. License #3244428 Listed on: 11/11/2021

Last Buyer's Agent

Jorge De Pina

Mia Realty, Corp. License #3244428 Listed on: 11/11/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,037

Lot Details

  • 6,300 Sq Ft Lot
  • East Facing Home
  • Landscaped with Trees
  • Property is zoned is

Community Details

  • No Home Owners Association
  • Bahia Mar Ests Condos
  • Bahia Mar Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00544050-000000

Property Details

Property Type

Land

Est. Annual Taxes

$1,037

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.14
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: BAHIA MAR ESTS
  • Special Features: 4180

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot, Other
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAHIA MAR ESTS

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 00544050-000000
  • Additional Parcels: No
  • Current Use: Residential, Check Land Use Plan
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 6300
  • Zoning: is
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 16, 2021
Sold by
Bank Of America Na
Bought by
Munoz Juan Carlos Diaz
Seller's Agent
Jorge De Pina
Mia Realty, Corp.
Buyer's Agent
Jorge De Pina
Mia Realty, Corp.
List Price
$208,000
Sold Price
$225,000
Premium/Discount to List
$17,000
8.17%
Current Estimated Value
$765,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,526
Avg. Annual Appreciation
35.50%

Purchase Details

Closed on
Oct 25, 2021
Sold by
Varone John P and Varone John P
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 22, 2021
Sold by
Varone John P and Varone John P
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 17, 2021
Sold by
Varone Sr John P
Bought by
Bank Of America Na

Purchase Details

Closed on
Nov 8, 2007
Sold by
Norrie Glenn and Norrie Kristal
Bought by
Varone John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
May 28, 1998
Sold by
Iliff John W and Iliff P
Bought by
Norrie Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,700
Interest Rate
7.11%

Purchase Details

Closed on
Dec 8, 1994
Sold by
Giordano Joseph
Bought by
Liff John W and Liff Kerry P

Purchase Details

Closed on
Dec 1, 1994
Bought by
Varone John P

Purchase Details

Closed on
Dec 1, 1985
Bought by
Varone John P

Purchase Details

Closed on
Jan 1, 1981
Bought by
Varone John P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Munoz Juan Carlos Diaz $183,800 Shore To Shore Title
Bank Of America Na -- Kronenberg Kelley
Bank Of America Na -- None Available
Bank Of America Na -- Marra Marc A
Varone John P $300,000 Titlepro Usa Llc
Norrie Glenn $122,000 --
Liff John W $55,000 --
Liff John W $55,000 --
Varone John P $110,000 --
Varone John P $70,000 --
Varone John P $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varone John P $270,000
Previous Owner Norrie Glenn $40,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2022 01/16/22 Sold $225,000 +8.2% $147 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $208,000 -- $136 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2025 $4,956 $594,508 $285,012 $309,496
2024 $1,874 $611,577 $306,936 $304,641
2023 $1,874 $279,173 $277,830 $1,343
2022 $1,371 $141,676 $140,333 $1,343
2021 $1,037 $109,073 $107,730 $1,343
2020 $965 $93,481 $92,138 $1,343
2019 $922 $87,811 $86,468 $1,343
2018 $910 $87,811 $86,468 $1,343
2017 $887 $87,811 $0 $0
2016 $900 $90,844 $0 $0
2015 $736 $46,628 $0 $0
2014 $723 $40,838 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11123882

MIAMI REALTORS® MLS

APN: 00544050-000000