NOT LISTED FOR SALE

9814 Magellan Dr Key Largo, FL 33037

Estimated Value: $490,000 - $658,000

2 Beds
2 Baths
1,029 Sq Ft
$560/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $550,000 $534 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,368/month

Highlights

  • Boat Ramp
  • Concrete Pool
  • Lanai
  • Coral Shores High School Rated A
  • Clubhouse
  • 1-minute walk to Schwingggg

About This Home

As of July 2023

Welcome to Landings of Largo! This 2-bedroom, 2-bath townhouse presents a fantastic opportunity to create your own masterpiece. With its original condition, this condo is ready for your personal touch and updating. Nestled in a desirable location, this townhouse offers a great canvas for customization, allowing you to transform it into the home of your dreams. Don't miss out on the chance to make this condo your very own. Located on the Bayside on MM 98, Landings of Largo is a Hidden Gem in the heart of Key Largo. This is a well maintained Gated community with lots of amenities including 2 pools, state of the art modern Marina, Sunset Pier, Fish Cleaning Station, Clubhouse, On-site property management office and more. The community offers dry boat/trailer parking along with a community ramp. Landings is a family oriented community, No short-term rentals allowed. Minimum 28 Day rental restriction. Two assigned parking spaces for your convenience. Hurricane protection with accordion shutters. PET FRIENDLY - 2 pets of any size allowed! Close to the excellent dining, shopping, fishing & diving Key Largo is known for!

Last Agent to Sell the Property

Carlos Lorenzo

American Caribbean Real Estate, Christie's International Real Estate License #634298 Listed on: 07/31/2023

Last Buyer's Agent

Lorie Leal

American Caribbean Real Estate, Christie's International Real Estate License #0703307

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 1988

Lot Details

  • 11

HOA Fees

  • $1,016 Monthly HOA Fees

Home Design

  • 1,029 Sq Ft Home
  • Fixer Upper
  • Metal Roof

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 4 Parking Spaces
  • Carport
  • Electric Gate

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Screened Balcony
  • Lanai
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00091103-000800

Community Details

Overview

  • Association fees include cable, common area mnt, building insurance, bldg exterior mnt, exterminating, sewer
  • 126 Units
  • Landings Of Largo Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site
  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,402

Year Built

Built in 1988

Lot Details

11 Acres

HOA Fees

$1,016 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 1015.54
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Other, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Exterminating, Sewer
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 98.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Manager on Premises, Tennis Courts, Clubhouse, Community Boat Ramp
  • Pets W Restrictions: 2 pets any size
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1402.13
  • Title: Negotiable
  • Vehicle Storage: Carport
  • Vehicle Storage Cars: 4+
  • Year Built: 1988
  • Alternate Key Number: 8746423
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1029.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Carpet, Laminate
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction
  • Exterior Features: Lanai, Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Elect Separate Meter
  • Heating: Central

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,X,0.2 PCT ANNUAL
  • Parcel Number: 00091103-000800
  • Land Size: More than 1 Lot

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 126.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Jul 31, 2023
Sold by
Hancock Michael S and Hancock Claudia M
Bought by
G & G Largo Holdings Llc
Seller's Agent
Carlos Lorenzo
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Lorie Leal
American Caribbean Real Estate, Christie's International Real Estate
List Price
$565,000
Sold Price
$550,000
Premium/Discount to List
-$15,000
-2.65%
Current Estimated Value
$575,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,777
Avg. Annual Appreciation
1.76%
Original Mortgage
$490,000
Outstanding Balance
$477,103
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving
Estimated Equity
$98,674

Purchase Details

Closed on
Jan 10, 1994
Sold by
Hancock Michael S and Hancock Claudia M
Bought by
Hancock Michael S and Hancock Claudia M

Purchase Details

Closed on
Feb 1, 1989
Bought by
Hancock Michael S and Hancock Claudia M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
G & G Largo Holdings Llc $550,000 Cfp Title & Escrow Inc
Hancock Michael S -- --
Hancock Michael S $93,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open G & G Largo Holdings Llc $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $550,000 -2.7% $534 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $565,000 -- $549 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $4,269 $451,502 -- $451,502
2024 $1,308 $451,502 -- $451,502
2023 $1,308 $147,509 $0 $0
2022 $1,402 $143,213 $0 $0
2021 $1,391 $139,042 $0 $139,042
2020 $1,381 $137,123 $0 $137,123
2019 $1,356 $134,041 $0 $134,041
2018 $1,345 $131,542 $0 $0
2017 $1,317 $128,837 $0 $0
2016 $1,325 $126,188 $0 $0
2015 $1,351 $125,311 $0 $0
2014 $1,374 $124,316 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 606164

Florida Keys Board of REALTORS®

APN: 00091103-000800

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