NOT LISTED FOR SALE

97340 Overseas Hwy Key Largo, FL 33037

Estimated Value: $2,500,000 - $4,547,000

20 Beds
24 Baths
20,084 Sq Ft
$175/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $5,250,000 $261 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $21,605/month

1,056 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Steam Room
  • Sandy Beach
  • Coral Shores High School Rated A
  • Dock made with wood
  • 1-minute walk to Schwingggg

About This Home

As of December 2021

This stunning property is an entertainer's dream that speaks of grace and uniqueness from the moment you step foot on the property. Beyond the brick paver driveway and tennis court, are two homes which are separated by a garden walkway. EACH home features 10 bedrooms and 11.5 baths! Both core living areas include grand staircases rising to the upper level master suites. Soaring ceilings with

Last Agent to Sell the Property

Teresa Regelmann

RE/MAX All Keys Real Estate License #3286187 Listed on: 02/28/2017

RE/MAX All Keys Real Estate

Co-Listed By

Jim Signor

LoKation Real Estate License #525352

Last Buyer's Agent

Lisa Frins

Century 21 Prestige Realty Grp, Tavernier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,146

Year Built

  • Built in 1994

Lot Details

  • 2.24 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Property is zoned COZ - County Zoning

Home Design

  • Metal Roof

Interior Spaces

  • 20,084 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Entrance Foyer
  • Steam Room
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 20 Bedrooms
  • Walk-In Closet

Parking

  • Electric Gate
  • Open Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Dock made with wood
  • Tennis Courts
  • Balcony
  • Patio
  • Gazebo
  • Outdoor Storage

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Mandalay Key Amt Plat Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00554990-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,146

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00554990-000000
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 98.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 57145.92
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking, Open Parking
  • Year Built: 1994
  • Alternate Key Number: 8848692
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 97614.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 20084.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Sky Light(s), Walk-in Closet(s), Entrance Foyer, Drapes/Blinds Incl
  • Total Bathrooms: 22.20
  • Full Bathrooms: 22
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Oven, Refrigerator, Range
  • Floor: Combo, Wood, Tile
  • Half Bathrooms: 2
  • Specialty Rooms: Sauna/Steam Room
  • Total Bedrooms: 20

Exterior Features

  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Gazebo, Storage, Tennis Court(s), Sandy Beach, Outdoor Shower, Hot Tub
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,0.2 PCT ANNUAL CH
  • Parcel Number: 00554990-000100
  • Land Size: 2 Less Than 5 Acres
  • Acres: 2.24

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2016
Sold by
Charur Carlos R
Bought by
Emilio P Charur 1995 Trust
Current Estimated Value
$3,524,052

Purchase Details

Closed on
Sep 26, 1994
Sold by
Iace Assoc
Bought by
Elias Charur Emilio and Elias Alfredo Charur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
8.56%

Purchase Details

Closed on
Jan 1, 1991
Bought by
Charur Emilio P 1995 Trust 6/21/1995

Purchase Details

Closed on
Mar 1, 1980
Bought by
Charur Emilio P 1995 Trust 6/21/1995

Purchase Details

Closed on
Feb 1, 1979
Bought by
Charur Emilio P 1995 Trust 6/21/1995
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
Emilio P Charur 1995 Trust -- Attorney
Elias Charur Emilio -- --
Charur Emilio P 1995 Trust 6/21/1995 $335,000 --
Charur Emilio P 1995 Trust 6/21/1995 $160,000 --
Charur Emilio P 1995 Trust 6/21/1995 $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Elias Charur Emilio $950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2021 12/21/21 Sold $5,250,000 -41.0% $261 / Sq Ft
02/28/2017 02/28/17 For Sale $8,900,000 -- $443 / 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 $34,179 $4,041,237 $1,578,624 $2,462,613
2023 $34,179 $3,945,720 $1,565,613 $2,380,107
2022 $32,586 $3,879,077 $1,471,932 $2,407,145
2021 $26,367 $3,154,212 $1,168,768 $1,985,444
2020 $26,833 $3,189,252 $1,168,768 $2,020,484
2019 $26,889 $3,190,670 $1,147,203 $2,043,467
2018 $27,415 $3,188,640 $1,125,759 $2,062,881
2017 $25,980 $3,063,121 $0 $0
2016 $24,686 $2,823,309 $0 $0
2015 $22,915 $2,577,669 $0 $0
2014 $23,559 $2,914,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 574489

Florida Keys Board of REALTORS®

APN: 00554990-000000