$2,117,000
SOLD MAR 18, 2025

94825 Overseas Hwy Unit 28 Key Largo, FL 33037

5 Beds
5.5 Baths
4,500 Sq Ft
3,776 Sq Ft Lot

Recently Sold

$470 Per Sq Ft

43% Below List Price

203 Days on Market

Highlights

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

About This Home

As of March 2025

Priced below market value, no financing contingencies will be entertained.Competitively priced below a comparable sale with even more square footage! Happiness awaits you at this brand new and exquisite oceanfront property overlooking stunning watercolor views from every angle. This hidden gem location on an oversized end lot in prestigious Key Largo Ocean Resorts, this 5 bedroom, 5.5 bathroom beauty with a spacious den offers large living with 1800 square feet of living on each of the two main floors and another 900 square feet on the fourth floor with unsurpassable open water views from a spacious terrace. An elevator is available for easy access to this palatial home. Observation pier permit with Army Corp approval. Community clubhouse, pool, tennis courts and playground offered as part of the association.

Last Agent to Sell the Property

The Florida Keys Sold Sisters

Ocean Sotheby's International Realty Listed on: 08/23/2024

Ocean Sotheby's International Realty

Last Buyer's Agent

outside of mls

Outside Of MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,249

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 3,776 Sq Ft Lot
  • Ocean Front

HOA Fees

  • $1,110 Monthly HOA Fees

Home Design

  • Concrete Roof

Interior Spaces

  • 4,500 Sq Ft Home
  • Elevator
  • Storage
  • Laundry Room
  • Terrazzo Flooring
  • Ocean Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Parking

  • Carport
  • Open Parking

Outdoor Features

  • Outdoor Pool
  • Tennis Courts
  • Balcony

Additional Features

  • Handicap Accessible
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00483401-002800

Community Details

Overview

  • Association fees include cable, security, common area mnt, water
  • Key Largo Ocn Resorts Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Pool

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,249

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$1,110 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1110.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Water
  • Handicap Access: Yes
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 94.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Other Area Features, Manager on Premises, Tennis Courts, Clubhouse, Community Boat Ramp
  • Off Shore Island: No
  • Pets W Restrictions: 2 pets, below 50lbs
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5248.92
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Covered Parking, Open Parking
  • Year Built: 2024
  • Alternate Key Number: 9101540
  • Cooling Heating: Central Air
  • Lot Sq Ft: 3776.00
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 4500.00
  • Pool Info Other: community
  • Pool Info Other Surroundings: YES
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Walk-in Closet(s), Storage, Elevator
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Floor: Terrazzo
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Manned Gate
  • Utilities: FKAA, Sewer Available
  • Heating: Central

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE,VE,AE,VE,VE
  • Parcel Number: 00483401-002800
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2025
Sold by
94825 Overseas 28 Llc
Bought by
94825 Overseas Land Trust and Home Safe Truste
Current Estimated Value
$2,180,885

Purchase Details

Listed on
Aug 23, 2024
Closed on
Feb 24, 2025
Sold by
Klor 28 Llc
Bought by
94825 Overseas 28 Llc
Seller's Agent
The Florida Keys Sold Sisters
Ocean Sotheby's International Realty
Buyer's Agent
outside of mls
Outside Of MLS
List Price
$3,690,000
Sold Price
$2,117,000
Premium/Discount to List
-$1,573,000
-42.63%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$735,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2019
Sold by
Elena Cortinas and Elena Maria
Bought by
Klor 28 Llc

Purchase Details

Closed on
Apr 10, 2019
Sold by
Siblings Holdings Llc
Bought by
Cortinas Angel and Almeyda Maria Elena

Purchase Details

Closed on
Sep 29, 2016
Sold by
Fernandez Alexander and Fernandez Ashley
Bought by
Sibling Holdings Llc

Purchase Details

Closed on
Feb 6, 2015
Sold by
Miami Concrete Equipment Inc
Bought by
Pena Jose Enrique

Purchase Details

Closed on
Jan 25, 2013
Bought by
Fernandez Alexander
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $2,117,000 Priority Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $500,000 None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed $35,000 Attorney
Warranty Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $735,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2025 03/18/25 Sold $2,117,000 -5.9% $470 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
03/14/2025 03/14/25 Price Changed $2,250,000 +7.1% $500 / Sq Ft
03/14/2025 03/14/25 Price Changed $2,100,000 -6.7% $467 / Sq Ft
02/01/2025 02/01/25 Price Changed $2,250,000 -1.7% $500 / Sq Ft
01/21/2025 01/21/25 Price Changed $2,290,000 -2.6% $509 / Sq Ft
01/10/2025 01/10/25 Price Changed $2,350,000 -4.1% $522 / Sq Ft
12/21/2024 12/21/24 Price Changed $2,450,000 -10.6% $544 / Sq Ft
12/14/2024 12/14/24 Price Changed $2,740,000 -2.0% $609 / Sq Ft
11/21/2024 11/21/24 Price Changed $2,795,000 -6.7% $621 / Sq Ft
09/27/2024 09/27/24 Price Changed $2,995,000 -14.4% $666 / Sq Ft
09/08/2024 09/08/24 Price Changed $3,499,000 -5.2% $778 / Sq Ft
08/23/2024 08/23/24 For Sale $3,690,000 -- $820 / 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
2025 $6,557 $1,823,467 $792,648 $1,030,819
2024 $5,249 $928,896 $928,896 --
2023 $5,249 $754,728 $754,728 $0
2022 $4,631 $623,493 $623,493 $0
2021 $4,100 $430,464 $430,464 $0
2020 $3,954 $409,620 $409,620 $0
2019 $4,128 $425,933 $425,933 $0
2018 $5,604 $567,910 $567,910 $0
2017 $5,317 $541,932 $0 $0
2016 $978 $92,252 $0 $0
2015 $965 $92,252 $0 $0
2014 $855 $61,181 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 611187

Florida Keys Board of REALTORS®

APN: 00483401-002800