NOT LISTED FOR SALE

99304 Overseas Hwy Key Largo, FL 33037

Estimated Value: $995,393

0.28 Acre
$3,554,975 Price per Acre
12,197 Sq Ft Lot

Last Sold September 18, 2018

Last sale price $645,000

Est. 54% increase in value since last sale

Current estimated payment $5,823/month

263 Days on Market

About This Lot

As of September 2018

Charming 7 Office Commercial Building in high elevation in high visibility downtown location of Key Largo. 6 Million visitors and local cars pass annually per FDOT. Highway access from North US1 and South US1 allow ease of use to customers and clients Remodeled in 2003 and ready for the most discriminating buyer.

Last Agent to Sell the Property

Maryann Warren

Coldwell Banker Schmitt R.E. License #0649421 Listed on: 11/13/2017

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,471

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 150x200
  • Property is zoned SC

Location

  • City Lot

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00504630-000000

Property Details

Property Type

Land

Est. Annual Taxes

$3,471

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Commercial
  • Directions: MM 99.3 Median Key Largo, FL
  • Horses: No
  • Lot Size Acres: 0.28
  • Lot Size: 150x200
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Structure Type: Commercial
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment, Professional, Urban Commercial

Exterior Features

  • Lot Features: Central Business District, City Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 00504630-000000
  • Current Use: Other Usage, Unimproved Business/Commercial
  • Lot Size Sq Ft: 12554
  • Zoning: SC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3471

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2017
Closed on
Sep 19, 2018
Sold by
William A Andersen Living Trust
Bought by
Tropical Leasing Llc
Seller's Agent
Maryann Warren
Coldwell Banker Schmitt R.E.
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$699,000
Sold Price
$645,000
Premium/Discount to List
-$54,000
-7.73%
Current Estimated Value
$995,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,393
Original Mortgage
$482,000
Outstanding Balance
$419,467
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2017
Closed on
Sep 14, 2018
Sold by
William A Andersen Living Trust
Bought by
Tropical Leasing Llc
Seller's Agent
Maryann Warren
Coldwell Banker Schmitt R.E.
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$699,000
Sold Price
$645,000
Premium/Discount to List
-$54,000
-7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,000
Outstanding Balance
$419,467
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2008
Sold by
Andersen William A
Bought by
Andersen William A and The William A Andersen Living Trust

Purchase Details

Closed on
Dec 23, 2003
Sold by
William A Andersen Cpa Pa
Bought by
Larsen Gregory M

Purchase Details

Closed on
Sep 13, 2002
Sold by
Larsen Gregory M
Bought by
Anderson William A

Purchase Details

Closed on
Aug 28, 2002
Bought by
William A Andersen Cpa Pa T/C

Purchase Details

Closed on
Jan 1, 1990
Bought by
William A Andersen Cpa Pa T/C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tropical Leasing Llc $645,000 None Listed On Document
Tropical Leasing Llc $645,000 None Listed On Document
Andersen William A -- Attorney
Larsen Gregory M -- --
Anderson William A -- --
William A Andersen Cpa Pa T/C $300,000 --
William A Andersen Cpa Pa T/C $78,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tropical Leasing Llc $482,000
Closed Tropical Leasing Llc $482,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2018 09/18/18 Sold $645,000 -4.4% --
07/20/2018 07/20/18 Pending -- -- --
06/13/2018 06/13/18 Price Changed $675,000 -3.4% --
05/17/2018 05/17/18 For Sale $699,000 0.0% --
04/23/2018 04/23/18 Pending -- -- --
03/20/2018 03/20/18 Price Changed $699,000 +0.6% --
03/20/2018 03/20/18 Price Changed $695,000 -4.1% --
02/02/2018 02/02/18 Price Changed $725,000 -6.9% --
10/30/2017 10/30/17 For Sale $779,000 -- --
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 $6,295 $1,200,052 $970,200 $229,852
2023 $6,295 $930,756 $741,125 $189,631
2022 $4,859 $593,881 $404,250 $189,631
2021 $5,370 $621,991 $404,250 $217,741
2020 $5,233 $621,991 $404,250 $217,741
2019 $4,688 $531,341 $323,125 $208,216
2018 $4,076 $507,067 $323,273 $183,794
2017 $3,428 $368,940 $0 $0
2016 $3,471 $359,791 $0 $0
2015 $3,527 $359,791 $0 $0
2014 $3,469 $341,244 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10372105

MIAMI REALTORS® MLS

APN: 00504630-000000