Opportunity knocks at this tri-level concrete home with views of the fabulous Florida Bay. This extra large lot includes an active building permit to build a second home, Yes two homes! Enjoy as a family or investor compound, live in one and rent the other or build, split and sell one off. So many possibilities! Great location at mile marker 99 in Key Largo and directly across the street from multi-million dollar luxury Bayfront homes. Key Largo sailing club located at the end of the street, restaurants, shopping, charter boats, Key Largo Park and Jacobs Aquatic Center all within close proximity. Currently set up as 3 separate apartments and rented to excellent long term tenants who would like to stay. Call for more details! 24 hour notice required for showings as it is tenant occupied. Impact windows and doors. This is part of an estate sale and is subject to probate court approval.
Sold for $959,800
$959,800
131 Point Pleasant Dr, Key Largo, FL 33037
5beds
3,035sqft
Single Family Residence
Built in 1965
0.26 Acres Lot
$1,190,200 Zestimate®
$316/sqft
$7,068 Estimated rent
Home value
$1,190,200
$1.06M - $1.33M
$7,068/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 16, 2025 at 05:15am
Listed by:
Jaclyn Kelley, Broker 305-923-1042,
Better Homes and Gardens Real Estate Destinations,
Samantha Arce 305-393-2725,
Better Homes and Gardens Real Estate Destinations
Bought with:
Erin Kiel
Better Homes and Gardens Real Estate Destinations
Jaclyn Kelley, Broker, 3157271
Better Homes and Gardens Real Estate Destinations
Source: FLKMLS,MLS#: 606224
Originating MLS: Florida Keys
Originating MLS: Florida KeysFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: More Appliances, Microwave, Range, Dryer, Washer
- Laundry: Laundry Room
Features
- Elevator
- Flooring: Tile, Combination
- Doors: Impact Rstnce Doors
- Windows: Impact Rstnce Window
Interior area
- Total interior livable area: 3,035 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open, Trailer Storage, Off Street, Guest
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: 3 Stories
- Stories: 3
- Patio & porch: Open Porch/Balcony, Patio
- Exterior features: Outdoor Kitchen
- Fencing: Fenced
- Has view: Yes
- View description: Bay/Gulf View
- Has water view: Yes
- Water view: Bay/Gulf View
- Waterfront features: None, Dockage: None
Lot
- Size: 0.26 Acres
- Dimensions: 75 x 150
- Features: 1/4 - 1/2 Acre
Details
- Parcel number: 00496350000000
- Zoning: IS
- Zoning description: Improved Subivision District
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Combo Construction, Concrete
- Roof: Shingle,Combo Roof
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: FKAA, Buyer to Verify
Community & neighborhood
Location
- Region: Key Largo
- Subdivision: Point Pleasant (99.5)
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing terms: Cash,Other Specify,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2024 | Sold | $959,800-12.7%$316/sqft |
Source:  FLKMLS #606224 Report a problem | ||
| 1/8/2024 | Contingent | $1,100,000$362/sqft |
Source:  Key West AOR #606225 Report a problem | ||
| 12/28/2023 | Price change | $1,100,000-13.7%$362/sqft |
Source: Key West AOR #606224 Report a problem | ||
| 11/14/2023 | Price change | $1,275,000-3.8%$420/sqft |
Source: Key West AOR #606224 Report a problem | ||
| 10/12/2023 | Price change | $1,325,000-5.4%$437/sqft |
Source: Key West AOR #606224 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,979 +15.7% | $1,008,046 +14.9% |
| 2024 | $7,763 +66.5% | $877,127 +76.3% |
| 2023 | $4,661 +7.9% | $497,601 +8% |
Find assessor info on the county website
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 5.3 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 9.2 mi
Get a cash offer in 3 minutes
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Estimated market value$1,190,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,190,200