$605,000
SOLD FEB 18, 2025

94825 Overseas Hwy Unit 117 Key Largo, FL 33037

0.04 Acre
-- Price per Acre
1,604 Sq Ft Lot

Recently Sold

24% Below List Price

220 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Tennis Courts
  • Coral Shores High School Rated A
  • Beach
  • 1-minute walk to Sunset Point Park 2

About This Lot

As of February 2025

Welcome to Key Largo Ocean Resort, a 22 acre 24/7 gated community on mile marker 94 in Key Largo, Florida featuring 248 units. Fresh to market is the most superior lot in the entire community, situated on a corner with an unobstructed view of the ocean. This luxurious community features resort style amenities such as a clubhouse, swimming pool, basketball & tennis courts, fishing pier and boating slips. Drop your boat off in the ocean using the private community ramp and head out for a beautiful day of fishing. Full service marina featuring a restaurant coming soon.

Last Agent to Sell the Property

Eric Torrente

Compass FLORIDA License #3382466 Listed on: 06/03/2024

Compass FLORIDA

Co-Listed By

Benjamin Moss

Compass FLORIDA License #698207

Last Buyer's Agent

Sergio Velarde

Coldwell Banker - Pinecrest License #3436809

Coldwell Banker - Pinecrest

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,296

Year Built

  • 1986

Lot Details

  • 1,604 Sq Ft Lot
  • Ocean Front
  • Corner Lot
  • Cleared Lot

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • Electric Gate

Property Views

  • Ocean
  • Harbor

Listing and Financial Details

  • Assessor Parcel Number 00483401-011700

Community Details

Overview

  • Seaside Sub Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool
  • Boat Ramp
  • Tennis Courts

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Property Details

Property Type

Land

Est. Annual Taxes

$4,296

Year Built

1986

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Lots and Land
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 94.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Beach, Other Area Features, Manager on Premises, Community Boat Ramp, Community Dockage, Community Pool, Tennis Courts
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4296.02
  • Title: Title Ins - Buyer
  • Alternate Key Number: 9101632
  • Lot Sq Ft: 1604.00
  • First Right of Refusal: No
  • Association Fee: 475.00
  • Association Maintenance Fee Per: Monthly
  • Mandatory HOA: Yes
  • Existing Utilities: Street Lights
  • Location Site: Paved Street, Cleared Site, Corner Lot, Water Frontage
  • Miscellaneous Info Mobile Home Lot: No
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1986

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Waterview: Open Water View, Harbor/Marina View, Ocean View

Utilities

  • Security: Electric Gate, Patrolled Area

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE,VE,AE,VE,VE
  • Parcel Number: 00483401-011700
  • Land Size: Less Than 1/4 Acre
  • Building Permit: No Permit

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Feb 18, 2025
Sold by
Hernandez Miltka Scarano and Hernandez Luis
Bought by
Alfredo C Sanchez Revocable Trust
Seller's Agent
Eric Torrente
Compass FLORIDA
Buyer's Agent
Sergio Velarde
Coldwell Banker - Pinecrest
List Price
$795,000
Sold Price
$605,000
Premium/Discount to List
-$190,000
-23.9%
Total Days on Market
220
Views
18
Current Estimated Value
$608,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,181
Avg. Annual Appreciation
1.89%

Purchase Details

Closed on
Jul 15, 2019
Sold by
Hevia Roberto and Hevia Xiomara
Bought by
Hernandez Miltka Scarano and Hernandez Luis

Purchase Details

Closed on
Jan 25, 2013
Bought by
Hevia Roberto and Hevia Xiomara
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $605,000 None Listed On Document
Warranty Deed $605,000 None Listed On Document
Warranty Deed $395,000 Nu World Ttl Of Kendall Llc
Warranty Deed $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $605,000 -13.4% --
01/09/2025 01/09/25 Pending -- -- --
08/21/2024 08/21/24 Price Changed $699,000 -12.1% --
06/03/2024 06/03/24 For Sale $795,000 -- --
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 $4,296 $639,308 $639,308 --
2023 $4,296 $639,308 $639,308 $0
2022 $3,679 $490,419 $490,419 $0
2021 $3,262 $338,588 $338,588 $0
2020 $3,148 $322,194 $322,194 $0
2019 $1,181 $181,444 $181,444 $0
2018 $1,168 $181,444 $181,444 $0
2017 $1,107 $174,154 $0 $0
2016 $720 $61,988 $0 $0
2015 $713 $61,988 $0 $0
2014 $643 $41,111 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 610420

Florida Keys Board of REALTORS®

APN: 00483401-011700