Sold for $860,000

Street View

$860,000

1016 Gibraltar Rd, Key Largo, FL 33037

4beds

2,080sqft

Single Family Residence

Built in 1991

5,227 Square Feet Lot

$945,300 Zestimate^®

$413/sqft

$5,096 Estimated rent

Home value

$945,300

$898,000 - $993,000

$5,096/mo

Zestimate^® history

Owner options

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$5,096/mo

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$5,096/mo

Rent Zestimate^®

Refinance and save

$4,223/mo

Est. payment

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$4,223/mo

Est. payment

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What's special

All above flood, meticulously maintained Key Largo home. 4 bedrooms / 3 bathrooms plus a bonus room! Upstairs has been remodeled. It offers 2 bedrooms / 2 bathrooms, vaulted ceilings in the living area with sliding glass doors that open to a balcony. A separate entrance for downstairs with 2 bedrooms / 1 bathroom. Newer AC's, paver driveway, and easy maintenance yard. Furniture is negotiable. Subdivision is adjacent to John Pennekamp State Park which offers a boat ramp, kayaking / paddleboarding thru the mangroves, boat rentals, slip rentals, snorkel / diving trip, glass bottom boat and more.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Cooling

Central Air, Ductless

Appliances

Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave

Interior area

Total structure area: 2,080
Total interior livable area: 2,080 sqft

Property

Lot

Size: 5,227 Square Feet
Dimensions: 50 x 105

Details

Parcel number: 00544890000000
Zoning: IS - Improved Subivision District

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Condition

Updated/Remodeled
New construction: No
Year built: 1991

Utilities & green energy

Utilities for property: Cable Available

Community & HOA

Community

Subdivision: Bahia Mar (102.5)

HOA

Has HOA: No
Services included: None

Location

Region: Key Largo

Financial & listing details

Price per square foot: $413/sqft
Tax assessed value: $801,295
Annual tax amount: $3,006
Date on market: 6/25/2023
Listing terms: No Seller Finance

Price history

Date	Event	Price
3/17/2026	Listing removed	$990,000$476/sqft
Source: Key West AOR #617817 Report a problem
12/24/2025	Listed for sale	$990,000+15.1%$476/sqft
Source: FLKMLS #617817 Report a problem
9/22/2023	Sold	$860,000-4.3%$413/sqft
Source: FLKMLS #605771 Report a problem
9/21/2023	Pending sale	$899,000$432/sqft
Source: FLKMLS #605771 Report a problem
8/3/2023	Contingent	$899,000$432/sqft
Source: FLKMLS #605771 Report a problem
6/25/2023	Listed for sale	$899,000+570.9%$432/sqft
Source: FLKMLS #605771 Report a problem
3/7/1996	Sold	$134,000$64/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,289 +8.5%	$801,295 +7.1%
2024	$6,717 +97.1%	$747,879 +106.2%
2023	$3,409 +13.4%	$362,651 +12.3%
2022	$3,007 +4%	$322,853 +6%
2021	$2,892 +4.9%	$304,555 +4.9%
2020	$2,756	$290,259 +1.9%
2019	$2,756 +1.4%	$284,768 +22.9%
2018	$2,717 +17.5%	$231,667 +31.9%
2017	$2,312 +25.7%	$175,698 +2.1%
2016	$1,840 -1%	$172,085 +0.7%
2015	$1,858	$170,889