$176,000
SOLD JAN 23, 2015

109 Ocean Shores Dr Key Largo, FL 33037

0.2 Acre
-- Price per Acre
8,575 Sq Ft Lot

Recently Sold

$21 Per Sq Ft

12% Below List Price

360 Days on Market

Highlights

  • Home fronts a canal
  • Coral Shores High School Rated A
  • 1-minute walk to Schwingggg

About This Lot

As of March 2024

Great building lot with direct access to the Atlantic Ocean. Comes with complete set of plans for a 2158 square foot 4BR 3BA CBS home. Water, sewer & electric at street.

Last Agent to Sell the Property

Jim Larson

Keller Williams Realty Premier Properties - Kendall License #3008160 Listed on: 12/12/2013

Keller Williams Realty Premier Properties - Kendall

Co-Listed By

Jose Flores

Keller Williams Realty Premier Properties - Kendall License #3267996

Last Buyer's Agent

Courtney Smith

Vaughn Realty & Assoc. License #3274673

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $691

Lot Details

  • 8,575 Sq Ft Lot
  • Lot Dimensions are 70 x 122.5
  • Home fronts a canal
  • Cleared Lot
  • Property is zoned IS - Improved Subivision District

Additional Features

  • Canal Views
  • Electricity To Lot Line

Community Details

  • Key Largo Ocn Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00498930-000000

Property Details

Property Type

Land

Est. Annual Taxes

$691

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 3
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 690.99
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1616788
  • Lot Sq Ft: 8575.00
  • Mandatory HOA: No
  • Existing Utilities: Electric on Site, Water Line, Sewer
  • Location Site: Paved Street, Cleared Site
  • Lot Dimensions: 70 x 122.5
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • Survey Available: Yes
  • Tax Exemptions: None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00498930-000000
  • Land Size: Less Than 1/4 Acre
  • Building Permit: Expired Permit

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Mar 4, 2024
Sold by
Dorchak Michael A and Dorchak Courtney June
Bought by
Faz Albert Luis
Seller's Agent
Wendy Ives
RE/MAX All Keys Real Estate
Buyer's Agent
Jane Wasmund
Coldwell Banker Schmitt Key Largo
List Price
$2,270,000
Sold Price
$1,650,000
Premium/Discount to List
-$620,000
-27.31%
Views
38
Current Estimated Value
$1,651,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,474
Avg. Annual Appreciation
0.06%
Original Mortgage
$1,237,500
Outstanding Balance
$1,216,800
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$434,674

Purchase Details

Closed on
Mar 13, 2020
Sold by
Dorchak Michael A and Smith Courtney J
Bought by
Dorchak Michael A and Dorchak Courtney June

Purchase Details

Listed on
Aug 29, 2014
Closed on
Jan 23, 2015
Sold by
Sykes Charles R and Sykes Rhoda
Bought by
Dorchak Michael A and Smith Courtney J
Seller's Agent
Jose Flores
MMLS Assoc.-Inactive Member
Buyer's Agent
Jose Flores
MMLS Assoc.-Inactive Member
List Price
$199,000
Sold Price
$176,000
Premium/Discount to List
-$23,000
-11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.35%
Original Mortgage
$100,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 28, 2007
Sold by
Perozo Nina
Bought by
Sykes Charles R and Sykes Rhoda

Purchase Details

Closed on
Feb 1, 1971
Bought by
Dorchak Michael A
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 Type Sale Price Title Company
Warranty Deed $1,650,000 Coral Reef Title
Warranty Deed $1,650,000 Coral Reef Title
Interfamily Deed Transfer -- Attorney
Warranty Deed $176,000 Attorney
Warranty Deed $205,000 Attorney
Deed $4,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,237,500 New Conventional
Closed $1,237,500 New Conventional
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $1,650,000 -8.3% $793 / Sq Ft
01/17/2024 01/17/24 Price Changed $1,799,000 -20.7% $864 / Sq Ft
12/04/2023 12/04/23 For Sale $2,270,000 +1189.8% $1,090 / Sq Ft
02/02/2015 02/02/15 Sold $176,000 0.0% $21 / Sq Ft
01/23/2015 01/23/15 Sold $176,000 -11.6% $21 / Sq Ft
12/07/2014 12/07/14 Pending -- -- --
12/07/2014 12/07/14 Pending -- -- --
12/12/2013 12/12/13 For Sale $199,000 0.0% $23 / Sq Ft
12/12/2013 12/12/13 For Sale $199,000 -- $23 / 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 $7,108 $865,431 -- --
2023 $7,108 $840,225 $0 $0
2022 $6,694 $815,753 $0 $0
2021 $6,838 $791,994 $0 $0
2020 $6,795 $781,060 $300,125 $480,935
2019 $1,787 $176,868 $175,788 $1,080
2018 $1,824 $176,913 $175,788 $1,125
2017 $1,763 $176,957 $0 $0
2016 $1,649 $149,179 $0 $0
2015 $984 $137,634 $0 $0
2014 $719 $57,881 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 562809

Florida Keys Board of REALTORS®

APN: 00498930-000000