NOT LISTED FOR SALE

95551 Overseas Hwy Key Largo, FL 33037

Estimated Value: $5,367,000 - $6,580,000

5 Beds
5.5 Baths
8,308 Sq Ft
$699/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $3,500,000 $421 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $34,745/month

224 Days on Market

Highlights

  • Ocean Front
  • Boat Lift
  • Wood Flooring
  • Coral Shores High School Rated A
  • Cathedral Ceiling
  • 1-minute walk to Sunset Point Park 2

About This Home

As of September 2020

Sailfish Estate is settled on two magnificently secluded oceanfront acres offering full views of a private lagoon and the Atlantic Ocean with deep water dockage. This five-bedroom home is sophisticated and inviting with open sunlit drenched living areas and Brazilian cherry hardwood floors throughout. Ideal for the home cook, this estate features a chef's kitchen with Thermador dual gas/electric, Subzero refrigerator, Bosch dishwasher, and wet bar with wine cooler and ice maker. The second level offers separate guest quarters with two-bedrooms that are attached by a covered breezeway. Old Chicago Brick walkways, pool and spa, 4 car garage and a grand foyer entrance add to Sailfish Estate's island charm.

Last Agent to Sell the Property

The Florida Keys Sol Sabrina Wampler

Ocean Sotheby's International Realty Listed on: 01/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,234

Year Built

  • Built in 2003

Lot Details

  • 1.23 Acre Lot
  • Ocean Front
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 8,308 Sq Ft Home
  • Elevator
  • Tray Ceiling
  • Cathedral Ceiling
  • Blinds
  • Entrance Foyer
  • Storage
  • Ocean Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Electric Gate
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Boat Lift
  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Lime Grove Estates Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00486910-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,234

Year Built

Built in 2003

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: 5
  • Fee Includes: None
  • Handicap Access: Yes
  • Key Island: Key Largo
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 96.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 27234.27
  • Vehicle Storage: Attached, Off Street Parking, Trailer Storage, Garage
  • Year Built: 2003
  • Alternate Key Number: 1599379
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 39200.00
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 8308.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Window Treatments, Walk-in Closet(s), Tray Ceilings, Storage, Split Bedroom, Cathedral Ceilings, Entrance Foyer, Elevator, Drapes/Blinds Incl
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Gas Appliances, Wine Cooler, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Ice Machine, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 5

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,X,0.2 PCT A
  • Parcel Number: 00486910-000000
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.23

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Sep 21, 2020
Sold by
Michael Marino 2009 Trust and Michael Marino 2009 Trust
Bought by
95551 Overseas Hwy Llc
Seller's Agent
The Florida Keys Sol Sabrina Wampler
Ocean Sotheby's International Realty
Buyer's Agent
Creative Technology
List Price
$4,250,000
Sold Price
$3,500,000
Premium/Discount to List
-$750,000
-17.65%
Current Estimated Value
$5,810,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,310,111
Avg. Annual Appreciation
11.43%
Original Mortgage
$2,625,000
Outstanding Balance
$1,534,032
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,325,117

Purchase Details

Closed on
Apr 27, 2011
Sold by
Glucksman Loretta Brennan
Bought by
Grassi Louis and Michael Marino 2009 Trust

Purchase Details

Closed on
Mar 23, 2011
Sold by
Mcinerny Waggle Inc
Bought by
Glucksman Loretta Brennan

Purchase Details

Closed on
Mar 22, 2011
Bought by
Marino Michael 2009 Trust

Purchase Details

Closed on
Mar 10, 2011
Bought by
Marino Michael 2009 Trust

Purchase Details

Closed on
Sep 30, 2004
Sold by
L P Evans Southwest Motors Inc
Bought by
Glucksman Lewis L and Glucksman Loretta Brennan

Purchase Details

Closed on
Feb 11, 2000
Bought by
Marino Michael 2009 Trust

Purchase Details

Closed on
Jun 2, 1999
Sold by
Progressive Financial Services Inc
Bought by
Demco Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 1999
Bought by
Marino Michael 2009 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1997
Bought by
Marino Michael 2009 Trust

Purchase Details

Closed on
Dec 22, 1995
Sold by
Clerk Of The Court
Bought by
Federal Deposit Insurance Corporation

Purchase Details

Closed on
Dec 1, 1995
Bought by
Marino Michael 2009 Trust

Purchase Details

Closed on
Feb 1, 1976
Bought by
Marino Michael 2009 Trust
Source: Public Records

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Range of Values:

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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
95551 Overseas Hwy Llc $3,500,000 Mann & Wolf Llp
Grassi Louis $2,500,000 Attorney
Glucksman Loretta Brennan -- Attorney
Marino Michael 2009 Trust $100 --
Marino Michael 2009 Trust $100 --
Glucksman Lewis L $4,400,000 --
Marino Michael 2009 Trust $275,000 --
Demco Properties Inc $135,000 --
Marino Michael 2009 Trust $5,000 --
Marino Michael 2009 Trust $42,600 --
Federal Deposit Insurance Corporation -- --
Marino Michael 2009 Trust $177,000 --
Marino Michael 2009 Trust $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 95551 Overseas Hwy Llc $2,625,000
Closed 95551 Overseas Hwy Llc $1,000,000
Previous Owner Federal Deposit Insurance Corporation $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $3,500,000 -17.6% $421 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $4,250,000 -- $512 / 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 $30,023 $4,071,835 $1,632,171 $2,439,664
2023 $30,023 $3,974,152 $1,618,796 $2,355,356
2022 $27,287 $3,885,034 $1,522,496 $2,362,538
2021 $24,235 $2,885,127 $1,210,859 $1,674,268
2020 $29,365 $3,418,103 $1,395,563 $2,022,540
2019 $27,234 $3,151,737 $1,607,418 $1,544,319
2018 $27,969 $3,176,009 $1,596,932 $1,579,077
2017 $28,114 $3,198,868 $0 $0
2016 $27,785 $3,044,462 $0 $0
2015 $26,092 $2,799,723 $0 $0
2014 $29,119 $3,325,431 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • o

    Buyer's Agent in 2020

    outside of mls

    Outside Of MLS

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589328

Florida Keys Board of REALTORS®

APN: 00486910-000000

Florida Monroe County Key Largo 33037

95551 Overseas Hwy, Key Largo, FL

This home is located at 95551 Overseas Hwy, Key Largo, FL 33037 since 20 January 2020 and is currently estimated at $5,810,111, approximately $699 per square foot. This property was built in 2003. 95551 Overseas Hwy is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and Ocean Studies Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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