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Sold for $850,000
    • $850,000

    227 Atlantic Blvd, Key Largo, FL 33037

    2beds
    1,836sqft
    Single Family Residence
    Built in 1971
    0.37 Acres Lot
    $882,100 Zestimate®
    $463/sqft
    $5,164 Estimated rent

    Home value

    $882,100

    $785,000 - $997,000

    $5,164/mo

    Zestimate® history
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    What's special

    This home is a unique investment/development/work-live opportunity for Commercial/Residential property in Key Largo! So many possibilities for future since Suburban Commercial zoning and FLUM Mixed use allows many uses, from residential to commercial, including SHORT TERM VACATION RENTALS!! Buildable Commercial Sq FT are available to claim in the NROGO Bank for Monroe County...claim them and BUILD NOW!! Buyers to do Due Diligence to unlock the full potential of this home and land. Great central location in the hub of Key Largo. Previously used as a large open professional office space. HUGE CORNER LOT and TONS of parking. Currently single family use and is tenanted...please do not disturb and give 24 hours notice for showings. House has 2 bedrooms and 2 bathrooms (property appraiser shows one). Also has large garage sized storage for extra space. Bonus mango tree! Might be divisible into 2 lots, MCPA shows 2 addresses and a dividing lot line. Optional homeowners park has boat ramp and great views. **Photos are a combination of mostly current ones, with some older ones prior to this tenancy.**

    Zillow last checked: 8 hours ago

    Listing updated: September 04, 2024 at 03:01pm

    Listed by:

    Peter Schwarz-Top Producer 305-781-5704,

    LoKation Real Estate,

    Ewa Schwarz 305-781-5704,

    LoKation Real Estate

    Bought with:

    Tom Rodriguez, 493286

    American Caribbean Real Estate, Christie's International Real Estate

    Source: FLKMLS,MLS#: 605527MLS LogoOriginating MLS: Florida Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Ductless
    Cooling
    • Wall/Window Unit(s), Ductless, Ceiling Fans(s)
    Appliances
    • Included: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
    Features
    • Pantry, Storage
    • Flooring: Tile, Wood
    • Windows: Accordion, Panel
    Interior area
    • Total interior livable area: 1,836 sqft

    Property

    Parking
    • Parking features: Carport, RV Parking Open, Trailer Storage, Off Street, Open
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Ground Level
    • Patio & porch: Patio, Screened Patio
    • Exterior features: Storage
    • Fencing: Fenced
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Size: 0.37 Acres
    • Dimensions: 120 x 135
    • Features: 1/4 - 1/2 Acre
    • Residential vegetation: Fruit Tree(s)
    Details
    • Additional structures: Shed(s)
    • Parcel number: 00453471002000
    • Zoning: SC
    • Zoning description: Sub Urban Commercial District
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    • Roof: Tar/Gravel
    Condition
    • Year built: 1971

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA, Cable Available, Buyer to Verify

    Community & neighborhood

    Community
    • Community features: Pool, Tennis Court(s), Community Boat Ramp, Community Dockage
    Location
    • Region: Key Largo
    • Subdivision: Port Largo (100.0)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $350 monthly
    • Services included: None

    Other

    Other facts
    • Listing terms: Cash,FHA,VA Loan

    Price history

    DateEventPrice
    8/1/2023Sold$850,000-12.8%$463/sqft
    Source: FLKMLS #605527 Report a problem
    6/25/2023Pending sale$975,000$531/sqft
    Source: FLKMLS #605527 Report a problem
    6/16/2023Contingent$975,000$531/sqft
    Source: FLKMLS #605527 Report a problem
    6/1/2023Listed for sale$975,000+85.7%$531/sqft
    Source: FLKMLS #605527 Report a problem
    5/9/2016Sold$525,000-8.5%$286/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,097 -2.5%$649,776 -5.2%
    2024$6,253 -3%$685,570 +13.6%
    2023$6,448 +18.4%$603,689 +10%

    Find assessor info on the county website

    Neighborhood: 33037

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    Estimated market value$882,100
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    Estimated market value
    $882,100

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