127 Seaside Ave, Key Largo, FL 33037
What's special
Ocean views, deepwater dockage, dock is being replaced with a lift 9/26, and the rare ability to legally operate nightly rentals - it doesn't get any better! The seller has approval for a 20,000lb boat lift and improvement of the dock. There is also approval for an observation deck into the open ocean. This exceptional oceanfront estate offers a standout turnkey investment opportunity, combining the perfect trifecta for your portfolio: panoramic ocean views, deepwater dockage, and approved nightly rental capability. An ideal family compound and a rare chance to own a fully versatile, income-producing Keys property. Enjoy oceanfront living with two beautifully updated units, each featuring 2 bedrooms and 1 bathroom, separate entrances, and its own oceanfront porch. The property showcases panoramic blue-water views that are simply breathtaking, a rare find for both investors and those seeking a spectacular coastal retreat. Boating enthusiasts will appreciate the 100 feet of concrete dockage with immediate ocean access, along with the unique benefit of ownership of the ocean bottom, offering added value, flexibility, and long-term security. Zoning permits rentals with a minimum stay of just one night, giving you maximum income potential or the option to enjoy it as a private getaway. Whether you're looking to expand your investment portfolio or create your future oceanfront dream home, this home offers unmatched versatility and incredible potential in a beautiful setting. Plenty of parking and room for a pool, expansion or redevelopment! Call today for more details.
- 315 days |
- 283 |
- 8 |
Travel times
Family Room
Kitchen
Bedroom
Zillow last checked:
Listing updated:
Amy L Bruggeman 305-619-0818,
American Caribbean Real Estate, Christie's International Real Estate,
Shelby Morris 305-393-3686,
American Caribbean Real Estate, Christie's International Real Estate
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave
Features
- Furnished: Yes
Interior area
- Total structure area: 1,716
- Total interior livable area: 1,716 sqft
Property
Parking
- Parking features: Open, RV Access/Parking, Storage
- Has uncovered spaces: Yes
Features
- Patio & porch: Open Porch/Balcony
- On waterfront: Yes
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 00492230000000
- Zoning: SC - Sub Urban Commercial District
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
Condition
- Year built: 1962
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Seaside Sub (94.5)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $1,367/sqft
- Tax assessed value: $2,012,438
- Annual tax amount: $14,667
- Date on market: 11/20/2025
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/4/2026 | Price change | $2,345,000-2.1%$1,367/sqft |
Source: | ||
| 1/7/2026 | Price change | $2,395,000-4%$1,396/sqft |
Source: | ||
| 11/20/2025 | Listed for sale | $2,495,000+9.7%$1,454/sqft |
Source: | ||
| 5/19/2025 | Sold | $2,275,000-1.1%$1,326/sqft |
Source: | ||
| 4/20/2025 | Contingent | $2,300,000$1,340/sqft |
Source: | ||
| 4/17/2025 | Listed for sale | $2,300,000-11.4%$1,340/sqft |
Source: FLKMLS #614673 | ||
| 2/15/2023 | Listing removed | -- |
Source: | ||
| 1/23/2023 | Price change | $2,595,000-10.4%$1,512/sqft |
Source: | ||
| 1/13/2023 | Listed for sale | $2,895,000+196.9%$1,687/sqft |
Source: | ||
| 5/4/2021 | Listing removed | -- |
Source: Owner | ||
| 2/3/2021 | Listed for sale | $975,000+427%$568/sqft |
Source: Owner | ||
| 7/26/2020 | Listing removed | $1,700$1/sqft |
Source: Zillow Rental Manager | ||
| 6/15/2020 | Listed for rent | $1,700$1/sqft |
Source: Zillow Rental Manager | ||
| 8/12/1993 | Sold | $185,000$108/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,456 -1.4% | $1,211,837 +10% |
| 2024 | $14,668 +45.7% | $1,101,670 +10% |
| 2023 | $10,069 +10.4% | $1,001,518 +10% |
| 2022 | $9,121 +6.5% | $910,471 +15% |
| 2021 | $8,567 -0.3% | $792,007 +0.8% |
| 2020 | $8,591 | $785,888 +4.4% |
| 2019 | $8,591 +5.9% | $752,976 -0.2% |
| 2018 | $8,112 +2.6% | $754,208 +2.8% |
| 2017 | $7,906 +6.6% | $733,500 +6.3% |
| 2016 | $7,415 +4% | $690,019 +22.4% |
| 2015 | $7,126 | $563,796 |
Find assessor info on the county website
Monthly payment
Estimated market value
Zestimate®
$2,213,600
Estimated sales range
$2.10M - $2.32M
Rent Zestimate®
$4,514/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.