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$185,000
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123 Ocean Bay Dr
Key Largo, FL 33037
Unknown bed 0 bath unknown SqFt ($0/SqFt)
5,045SqFt lot.
Listed 2021-12-02, Taxes $3,075
Ⓧ USDA Ineligible
due to property

near Anglers Park

Latest Value Estimates: $640,000 from Collateral Analytics on 2024-04-17. $459,700 from CoreLogic on 2024-04-01. $531,454 from Quantarium on 2024-04-24. Forecast Estimate Value:$616,127 in 2025-02-01 by Collateral Analytics. $476,077 in 2025-04-01 by CoreLogic. $538,729 in 2025-04-01 by Quantarium.

INVESTOR OPPORTUNITY.

* No Longer For Sale *
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Two vacant lots in X FLOOD ZONE in desirable subdivision in Key Largo! Adjoining single family home offering 2bd/1.5ba with an adjoining workshop, which can be converted to living quarters, all nestled in mature foilage asking $400, 000. OR purchase the entire parcel, all four lots, asking $560, 000., allowing you room for addition or create a backyard oasis with a pool, tiki hut and outdoor kitchen, lots of possibilities.

All located in an X FLOOD ZONE(no flood insuran ce required). House needs complete rehab. Would be a perfect residence or rental opportunity while you develop the adjoining two vacant lots. Small covered area can be removed from house so t does not encroach the vacant lots. Located near tremendous restaurants and shopping. This is a great opportunity to purchase a home in the FL Keys!


Presented by Lisa Frins at
Berkshire Hathaway HomeServices Freewheeler Realty.
Listing Agent Photo

Property MLS #598672 from FloridaKeys

Lot Size Acres: 0.1158173
Lot Size Square Feet: 5045

Annual Tax Amount: 2713.33
Source Listing Status: Closed
County: Monroe
Tax Year: 2020
Source Property Type: Land
Area: 27 - Key Largo MM 97-107
Source Neighborhood: Lazy Lagoon (100.0)
Parcel Number: 00497210-000000
Property Location: Cleared Site
Subdivision: Lazy Lagoon (100.0)
Zoning: SF - Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$104,354 + $198,269
$302,623
$3,075
2021$unknown + $unknown
$230,981
$2,817
2020$unknown + $unknown
$209,983
$2,713
2019$unknown + $unknown
$190,894
$2,523
2018$unknown + $unknown
$173,540
$2,286
2017$76,766 + $126,919
$203,685
$2,206
2016$67,414 + $126,890
$194,304
$2,161
2015$unknown + $unknown
$130,384
$2,095
2014$unknown + $unknown
$118,531
$1,861
2013$unknown + $unknown
$120,049
$1,937
2012$unknown + $unknown
$109,136
$1,816
2011$unknown + $unknown
$103,607
$1,806
2010$unknown + $unknown
$119,447
$2,005
2009$unknown + $unknown
$146,794
$2,141
2008$unknown + $unknown
$194,108
$2,199
2007$unknown + $unknown
$272,056
$2,295

Sold 2022-02-07
$185,000
Public Record
Listing removed 2022-02-07
$560,000
FloridaKeys
Sold 2022-02-07
$185,000
FloridaKeys
Listed 2021-12-02
$185,000
FloridaKeys
Listed 2021-11-11
$560,000
FloridaKeys
Sold 2021-06-14
$400,000
FloridaKeys
Listed 2021-03-25
$449,000
MiamiMLS
Sold 1992-10-16
$76,000
Public Record
Sold 1990-06-14
$57,000
Public Record

Structure Type: B

Key Largo School is a public elementary and middle school located approximately 5.2 miles away.
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Key West High School is a public middle and high school located approximately 91.8 miles away.
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Key Largo Montessori School is a private elementary school located approximately 4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.