NOT LISTED FOR SALE

96160 Overseas Hwy Key Largo, FL 33037

Estimated Value: $4,532,000 - $5,222,000

8 Beds
7.5 Baths
4,675 Sq Ft
$1,029/Sq Ft Est. Value

Last Sold November 06, 2019

Last sale price $2,700,000 $578 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $27,753/month

124 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Sandy Beach
  • RV or Boat Parking
  • Coral Shores High School Rated A
  • Newly Remodeled
  • 1-minute walk to Sunset Point Park 2

About This Home

As of November 2019

LAS PALMAS BEACH HOUSE dare to dream on your own private sandy beach w/amazing unobstructed view. Imagine yourself lying in a hammock between palm trees overlooking your own sandy beach enjoying the breeze & turquoise water views. This is the perfect Keys getaway retreat. Drenched in natural light from the expansive glass doors overlooking 100ft of beach. This spacious beachfront home is newly renovated from top to bottom w/large galley kitchen with quartz counters, white cabinets & an open floor with modern design. Enjoy sunsets every night as well as a wrap-around balcony terrace that boasts breathtaking waterfront views. Just steps from its secluded beach & soon to be reconstructed dock, this property is perfect for boaters & water activity enthusiasts.

Last Agent to Sell the Property

Terry Canto

American Caribbean Real Estate, Christie's International Real Estate License #626852 Listed on: 06/28/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,878

Year Built

  • Built in 1980 | Newly Remodeled

Lot Details

  • 0.85 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Property is zoned SR - Sub Urban Residential District

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 4,675 Sq Ft Home
  • Entrance Foyer
  • Tile Flooring
  • Gulf Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Dock made with Composite Material
  • Balcony
  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Lime Grove Estates Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 00487020-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,878

Year Built

Built in 1980 | Newly Remodeled

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: 3
  • Dockage Dock: Composite
  • Document Count: 2
  • Fee Includes: None
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 16878.33
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, RV Parking Open, Trailer Storage, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1980
  • Alternate Key Number: 1599484
  • Cooling Heating: Central Air
  • Lot Sq Ft: 37026.00
  • Porch Balcony: Deck, Roof Top Deck, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 4675.00
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Property Condition: New Construction, Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Entrance Foyer, Pantry, Walk-in Closet(s), Quartz Countertops
  • Total Bathrooms: 8.00
  • Full Bathrooms: 7
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 8
  • Sq Ft Remarks: 4675 under air, plus covered wrap around porch plus massive concrete sunroof with aluminium stairs.

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Sandy Beach
  • Roof: Concrete Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE 9 & 10
  • Parcel Number: 00487020-000000
  • Lot Size: 100 x 361 x 104 x 389
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.85

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2022
Sold by
Labrador Construction Inc
Bought by
96160 Overseas Hwy Llc
Current Estimated Value
$4,809,670

Purchase Details

Listed on
Jun 28, 2019
Closed on
Nov 12, 2019
Sold by
Casa Bianca Miami Llc
Bought by
Labrador Construction Inc
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Creative Technology
List Price
$3,190,000
Sold Price
$2,700,000
Premium/Discount to List
-$490,000
-15.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%

Purchase Details

Listed on
Jun 28, 2019
Closed on
Nov 6, 2019
Sold by
Casa Bianca Miami Llc
Bought by
Labrador Construction Inc
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Creative Technology
List Price
$3,190,000
Sold Price
$2,700,000
Premium/Discount to List
-$490,000
-15.36%

Purchase Details

Listed on
Jul 17, 2012
Closed on
Aug 20, 2013
Sold by
Mestre Tomas A and Mestre Regina G
Bought by
Casa Bianca Miami Llc
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt Key Largo
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$2,500,000
Sold Price
$2,100,000
Premium/Discount to List
-$400,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%

Purchase Details

Closed on
Jul 22, 2002
Sold by
Edward Lasseville
Bought by
Mestre Tomas A and Mestre Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 1, 1994
Bought by
Casa Bianca Miami Llc
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
96160 Overseas Hwy Llc -- Mallol Yudislaidys
96160 Overseas Hwy Llc -- Mallol Yudislaidys
Labrador Construction Inc $2,700,000 New Title Company Name
Labrador Construction Inc $2,700,000 New Title Company Name
Casa Bianca Miami Llc $2,100,000 Attorney
Mestre Tomas A $1,200,000 --
Casa Bianca Miami Llc $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mestre Tomas A $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2019 11/06/19 Sold $2,700,000 -15.4% $578 / Sq Ft
06/28/2019 06/28/19 For Sale $3,190,000 +51.9% $682 / Sq Ft
08/20/2013 08/20/13 Sold $2,100,000 -16.0% $1,101 / Sq Ft View Prior Sale
07/16/2013 07/16/13 Pending -- -- --
07/17/2012 07/17/12 For Sale $2,500,000 -- $1,310 / 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 $27,043 $3,376,983 $2,214,482 $1,162,501
2023 $27,043 $3,314,698 $2,196,180 $1,118,518
2022 $23,001 $3,195,995 $2,064,409 $1,131,586
2021 $21,362 $2,640,653 $1,637,984 $1,002,669
2020 $19,137 $2,256,152 $1,637,984 $618,168
2019 $18,558 $2,181,643 $1,557,499 $624,144
2018 $17,514 $2,012,375 $1,562,312 $450,063
2017 $17,921 $2,023,270 $0 $0
2016 $18,173 $2,020,614 $0 $0
2015 $16,661 $1,772,501 $0 $0
2014 $22,190 $2,331,774 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586323

Florida Keys Board of REALTORS®

APN: 00487020-000000