NOT LISTED FOR SALE

96010 Overseas Hwy Key Largo, FL 33037

Estimated Value: $2,118,610 - $3,365,000

3 Beds
2 Baths
1,772 Sq Ft
$1,526/Sq Ft Est. Value

Last Sold October 03, 2019

Last sale price $1,727,500 $975 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $15,486/month

24 Days on Market

Highlights

  • Private Dock
  • Boat Lift
  • 31,363 Sq Ft lot
  • Coral Shores High School Rated A
  • Property Fronts a Bay or Harbor
  • 1-minute walk to Sunset Point Park 2

About This Home

As of October 2019

Very rare, highway to bay property is now awaiting its new owner. With a priceless boat basin, this parcel is almost 3/4 of an acre. The basin allows for deeper dockage and prevents having to build a long dock like similar properties near by. The concrete home with concrete roof offers outstanding bay views, 3 bedrooms and 2 baths. The rear deck offers a great spot to unwind and entertain. The boat ramp offers a versatile place to launch kayaks, paddle boards and even a small boat. To the rear of the property surrounding the basin is the dock with 2 lifts (one for a boat, the other for personal water-crafts) and a beach area. This truly is an amazing open water property that can either be enjoyed with some updating ''as-is'' or offers a prime re-development location.

Last Agent to Sell the Property

Pete Riveiro

The Firm Realty Group License #0707106 Listed on: 08/05/2019

Last Buyer's Agent

Susan Holler

LoKation License #3160428

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,883

Year Built

  • Built in 1968

Lot Details

  • 0.72 Acre Lot
  • 100 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Southeast Facing Home
  • Fenced
  • Property is zoned SR

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,772 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sun or Florida Room
  • Tile Flooring
  • Bay Views
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Guest Parking
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Boat Lift
  • Private Dock
  • Deck

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Lime Grove Estates Proper Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00486980-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,883

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Directions: MM96 Bayside
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Boatlift,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: LIME GROVE ESTATES PROPER
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Florida Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1772
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level
  • Living Room Features: Florida Room

Exterior Features

  • Roof: Concrete
  • View: Bay
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: LIME GROVE ESTATES PROPER
  • Open Parking: Yes
  • Parking Features: Driveway, Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00486980-000000
  • Lot Size Sq Ft: 31363
  • Zoning: SR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 11883

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2019
Closed on
Oct 2, 2019
Sold by
Madio Grace A
Bought by
Torres Oliver Kadel
Seller's Agent
Pete Riveiro
The Firm Realty Group
Buyer's Agent
Susan Holler
LoKation
List Price
$1,799,000
Sold Price
$1,727,500
Premium/Discount to List
-$71,500
-3.97%
Current Estimated Value
$2,703,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$976,153
Avg. Annual Appreciation
7.70%
Original Mortgage
$1,382,000
Outstanding Balance
$1,210,702
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,492,951

Purchase Details

Closed on
Nov 8, 1993
Sold by
Madio Grace A
Bought by
Madio Ralph R and Madio Grace A

Purchase Details

Closed on
Jul 1, 1979
Bought by
Madio Grace A
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
Torres Oliver Kadel $1,727,500 Deerwood Title & Trust Co
Madio Ralph R -- --
Madio Grace A $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Oliver Kadel $1,382,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2019 10/03/19 Sold $1,727,500 0.0% $975 / Sq Ft View Prior Sale
10/03/2019 10/03/19 Sold $1,727,500 -4.0% $975 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $1,799,000 -16.3% $1,015 / Sq Ft
08/24/2018 08/24/18 For Sale $2,149,000 -- $1,213 / 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
2024 $13,826 $1,776,980 -- --
2023 $13,826 $1,725,224 $0 $0
2022 $12,956 $1,674,975 $0 $0
2021 $13,284 $1,626,190 $1,382,775 $243,415
2020 $13,669 $1,623,446 $1,382,775 $240,671
2019 $12,349 $1,668,004 $1,417,529 $250,475
2018 $11,883 $1,641,134 $1,391,576 $249,558
2017 $11,362 $1,654,284 $0 $0
2016 $11,105 $1,609,253 $0 $0
2015 $10,033 $1,385,813 $0 $0
2014 $11,646 $1,881,898 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10718288

MIAMI REALTORS® MLS

APN: 00486980-000000