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  • 97625 Overseas Highway, Key Largo, FL 33037 (MLS# 603087)

97625 Overseas Highway, Key Largo, FL 33037

$720,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,471 Lot Size (sq. ft.): 5,500 Status: Closed
Current Price: $720,000 List Date: 11/12/2022 Last Modified: 9/05/2024

Description

2 ROGO exempt structures confirmed by county. (See Documents for Letter). This 5,500 sq. ft. lot with two structures and a storage shed is located near the heart of Key Largo at MM 97.6. The primary building is CBS (concrete block) construction with gable/hip roof and was built in 2004. It has 1,096 sq. ft. of living space (vinyl tile flooring down), including a spacious 440 sq. ft. loft area (Pergo flooring), vaulted ceiling, and is currently used as a local artist's residence. It has a full kitchen and bath with the loft being used as a master bedroom suite. The secondary building is frame construction, built in 1975, with 375 sq. ft. of living space. Currently used as an art studio, it contains two rooms, a kitchenette and bath and has previously been rented as a residential apartment. The spacious back yard is ideal for entertaining. The owner of the adjacent piece of scarified property has announced plans to develop it into an upscale hotel, bar, waterfront restaurant, dive shop and full-service marina. The property is within 5 miles of Publix and 8 miles of Winn Dixie shopping markets and is just a few minutes' drive to Key Largos best restaurants and watering holes; including the Pilot House, Fish House, Lazy Lobster, Sun Downers, Cafe Largo, Num Thai Sushi, Denny's Restaurant (a very short walk), HoBo's Cafe, Tower of Pizza, Caribbean Club, Jimmy Johnson's Big Chill, and Gilbert's Resort to name a few. The entrance to John Pennekamp Coral Reef State Park, the nation's first undersea park, is 5 miles away, and Jacobs Aquatic Center, a world class 3-pool swim facility is just 3 miles to the north. This is easy to show on short notice.

More Information MLS# 603087

Contract Information

Listing Board: Florida Keys Potential Short Sale: No Bank Owned: No Current Price: $720,000 Listing Date: 2022-11-11 Sold Price: $720,000

Location, Tax & Legal

City: KEY LARGO Mile Marker: 97.5 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,0.2 PCT ANNUAL CH Alternate Key #: 1679925 Parcel #: 00554430-000000 Zoning: SC - Sub Urban Commercial District Deed Restrictions: No Legal: BK 2 LOTS 9 AND 10, less the Northwesterly 15, feet, MANDALAY PB1-194 KEY LARGO G13-146 G71-398-399 OR321-248-249 ... Taxes: 2448.88 Tax Year: 2022 Pub Sewer HkUp: Yes Street #: 97625 Street Name: Overseas Street Suffix: Highway Key/Island: Key Largo State/Province: FL Zip Code: 33037 County: Monroe Subdivision: Mandalay (97.5) Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: No Control Depth: 0 Lot Size: 50x110 Lot SqFt: 5500 Pool: No Total Units: 0 Acres: 0.14 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 30 Style: Single Family Year Built: 2004 Living Apx SqFt: 1471 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: 2 ROGO exempt structures confirmed by county. (See Documents for Letter). This 5,500 sq. ft. lot with two structures and a storage shed is located near the heart of Key Largo at MM 97.6. The primary building is CBS (concrete block) construction with gable/hip roof and was built in 2004. It has 1,096 sq. ft. of living space (vinyl tile flooring down), including a spacious 440 sq. ft. loft area (Pergo flooring), vaulted ceiling, and is currently used as a local artist's residence. It has a full kitchen and bath with the loft being used as a master bedroom suite. The secondary building is frame construction, built in 1975, with 375 sq. ft. of living space. Currently used as an art studio, it contains two rooms, a kitchenette and bath and has previously been rented as a residential apartment. The spacious back yard is ideal for entertaining. The owner of the adjacent piece of scarified property has announced plans to develop it into an upscale hotel, bar, waterfront restaurant, dive shop and full-service marina. The property is within 5 miles of Publix and 8 miles of Winn Dixie shopping markets and is just a few minutes' drive to Key Largos best restaurants and watering holes; including the Pilot House, Fish House, Lazy Lobster, Sun Downers, Cafe Largo, Num Thai Sushi, Denny's Restaurant (a very short walk), HoBo's Cafe, Tower of Pizza, Caribbean Club, Jimmy Johnson's Big Chill, and Gilbert's Resort to name a few. The entrance to John Pennekamp Coral Reef State Park, the nation's first undersea park, is 5 miles away, and Jacobs Aquatic Center, a world class 3-pool swim facility is just 3 miles to the north. This is easy to show on short notice. Directions: Located directly on northbound US1, directly across road from Denny's Restaurant, MM 97.6, Key Largo.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

Homestead: 1

Appliances

Dishwasher: 1 Oven: 1 Range: 1 Refrigerator: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1 Wall/Window Unit(s): 1

Heating

Electric: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Vinyl: 1 Other: 1

Specialty Rooms

Guest/Servant Qtrs: Legal Loft: 1

Building Style

Above Flood: No Ground Level: 1

Vehicle Storage

Car(s): 4+

Construction

CBS: 1 Frame: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Conventional: 1 No Seller Finance: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Title

Title Ins - Buyer: 1

Exterior Features

Shed: 1

Roof

Shingle Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Shutters

Accordion: 1 Panel: 1

Status Change Info

Sold Date: 2023-04-06 Sold Price: $720,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: None Waterview: No Waterview Dockage: None Building Style: Ground Level Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s) Heating: Electric Utilities: FKAA; Municipal Sewer Specialty Rooms: Loft Appliances: Dishwasher; Oven; Range; Refrigerator Exterior Features: Shed Construction: CBS; Frame Shutters: Accordion; Panel Floor: Vinyl; Other Roof: Shingle Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; No Seller Finance Title: Title Ins - Buyer
Listing Office: Glenn Hoover Real Estate Services South Florida, LLC
Last Updated: September - 05 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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