NOT LISTED FOR SALE

Estimated Value: $2,033,000 - $2,543,000

4 Beds
3 Baths
1,684 Sq Ft
$1,309/Sq Ft Est. Value

Last Sold May 13, 2015

Last sale price $1,100,000 $653 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $12,123/month

33 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Concrete Pool
  • Coral Shores High School Rated A
  • Private Dock
  • Bay View

About This Home

As of May 2015

Paradise Awaits at 1016 Adams. This amazing property in bayside Key Largo is engrained with luxury touches. Upstairs features Bamboo floors, 3 BR, 2 BA including luxurious master suite with porcelain steam shower and walk in closet designed for a queen. There is a massive roof top sun deck on the third level and a legal 1/1 apartment downstairs. On the canal is a captivating patio scene with pool, Jacuzzi & new 75' exotic Brazilian hard wood dock. Over $300K in renovations and it shows in every detail.

Last Agent to Sell the Property

Clarke Cirel

Global Luxury Realty LLC License #3315924 Listed on: 03/06/2015

Last Buyer's Agent

Shannon Emery

London Foster Realty License #3302181

London Foster Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,470

Year Built

  • Built in 1965

Lot Details

  • 8,250 Sq Ft Lot
  • 75 Ft Wide Lot
  • Waterfront
  • Northwest Facing Home
  • Fenced
  • Property is zoned 15

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space
  • Automatic Garage Door Opener
  • Circular Driveway
  • Paver Block
  • Open Parking

Property Views

  • Bay
  • Canal

Home Design

  • Substantially Remodeled
  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • French Doors
  • Attic Fan

Kitchen

  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Fence Around Pool
  • Pool Equipment Stays

Outdoor Features

  • Property has ocean access
  • Seawall
  • Boat Hoist or Davit
  • Private Dock
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • Twin Lakes Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,470

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Carport Y N: Yes
  • Directions: TAKE US1 SOUTH JUST PAST JOHN PENNECAMP PARK. TURN RIGHT ON LAKE ST. MAKE 2ND RIGHT ON CRANE ST. FIRST LEFT ON ADAMS. HOUSE IS ON RIGHT.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Ramp,Boat Hoists/Davits,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: TWIN LAKES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Free-Standing Freezer, Ice Maker, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Second Floor Entry, French Doors, Walk-In Closet(s), Separate Guest/In-Law Quarters
  • Spa Yn: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Ceramic Floor, Marble, Wood
  • Furnished: Unfurnished, Furnished
  • Other Equipment: Automatic Garage Door Opener, Natural Gas
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds, Impact Glass
  • Bedroom Features: Other
  • Dining Room Features: Other
  • Living Room Features: Separate Guest/In-Law Quarters
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • Roof: Metal Roof
  • View: Bay, Canal
  • Exterior Features: Barbeque, Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony, Open Porch, Patio
  • Pool Features: In Ground, Fenced, Concrete, Equipment Stays, Heated
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TWIN LAKES
  • Carport Spaces: 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached Carport, Circular Driveway, Covered, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Lot Size Sq Ft: 8250
  • Zoning: 15
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5470

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2025
Sold by
Garces Frank E and Russo Stephanie A
Bought by
Garces Frank E and Russo Stephanie A
Current Estimated Value
$2,203,841

Purchase Details

Listed on
Mar 6, 2015
Closed on
May 11, 2015
Sold by
Cirel Vincent F and Bu Jacqueline
Bought by
Garces Frank E and Russo Stephanie A
Seller's Agent
Clarke Cirel
Global Luxury Realty LLC
Buyer's Agent
Shannon Emery
London Foster Realty
List Price
$1,199,000
Sold Price
$1,100,000
Premium/Discount to List
-$99,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$860,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2010
Sold by
Wayland Michael B
Bought by
Cirel Vincent F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,509
Interest Rate
4.83%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2009
Sold by
Wayland Carla K
Bought by
Wayland Michael B

Purchase Details

Closed on
Dec 10, 2007
Sold by
Sikora Andrew J and Sikora Kimberly A
Bought by
Wayland Michael B and Wayland Carla K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2002
Sold by
Andrew J Sikora M and Kimberly K Sikora M
Bought by
Peters Patrick I and Peters Adrienne K

Purchase Details

Closed on
Dec 1, 1986
Bought by
Garces Frank E
Source: Public Records
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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
Garces Frank E -- None Listed On Document
Garces Frank E $1,100,000 Attorney
Cirel Vincent F $639,000 Attorney
Wayland Michael B -- Attorney
Wayland Michael B $720,000 Attorney
Peters Patrick I $23,000 --
Garces Frank E $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garces Frank E $860,000
Previous Owner Cirel Vincent F $630,509
Previous Owner Wayland Michael B $648,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2015 05/13/15 Sold $1,100,000 -8.3% $653 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $1,199,000 -- $712 / Sq Ft
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
2025 $8,143 $1,033,403 -- --
2024 $7,872 $1,004,279 -- --
2023 $7,872 $975,029 $0 $0
2022 $7,382 $946,631 $0 $0
2021 $7,546 $919,060 $0 $0
2020 $7,487 $906,371 $0 $0
2019 $7,326 $885,994 $0 $0
2018 $7,323 $869,474 $0 $0
2017 $6,712 $798,273 $0 $0
2016 $6,806 $781,855 $0 $0
2015 $6,695 $833,418 $0 $0
2014 -- $530,928 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A2082713

MIAMI REALTORS® MLS

APN: 00550820-000000