Sold for $500,000

$500,000

7 Hibiscus Dr, Key Largo, FL 33037

2beds

1,173sqft

Single Family Residence

Built in 1955

6,534 Square Feet Lot

$560,900 Zestimate^®

$426/sqft

$4,011 Estimated rent

Home value

$560,900

$522,000 - $606,000

$4,011/mo

Zestimate^® history

Owner options

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$4,011/mo

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$4,011/mo

Rent Zestimate^®

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$3,063/mo

Est. payment

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$3,063/mo

Est. payment

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What's special

Spacious lotPrivate clubClose to downtown areaNew dockBoat rampKey largo park

Attention Investers! This is your opportunity to own a ground level home on a spacious lot in Key Largo Park! This is a desirable neighborhood with private club (Buttonwood Sound Club) that owners in Key Largo Park may apply to join. Amenities include new dock, boat ramp, beach and Pavillon. 2 bed 2 bath home on a 100X65' lot. Close to downtown area and all the amenities Key Largo has to offer. Home is in need of renovations or possible tear down. Great investment opportunity. Call today for appointment. Property being sold AS IS

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Cooling

Wall/Window Unit(s), Ceiling Fans(s)

Appliances

Included: Refrigerator, Oven, Microwave

Features

Flooring: Combination

Interior area

Total structure area: 1,173
Total interior livable area: 1,173 sqft

Property

Features

Patio & porch: Screened Patio

Lot

Size: 6,534 Square Feet
Dimensions: 100X65

Details

Additional structures: Shed(s)
Parcel number: 00523710000000
Zoning: SF - Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Condition

Year built: 1955

Community & HOA

Community

Features: Other
Subdivision: Key Largo Park (101.0)

HOA

Has HOA: No
Services included: None

Location

Region: Key Largo

Financial & listing details

Price per square foot: $426/sqft
Tax assessed value: $402,884
Annual tax amount: $4,072
Date on market: 1/20/2024
Listing terms: Cash,Conventional

Price history

Date	Event	Price
3/1/2024	Sold	$500,000-4.8%$426/sqft
Source: FLKMLS #608281 Report a problem
2/15/2024	Pending sale	$525,000$448/sqft
Source: FLKMLS #608281 Report a problem
1/20/2024	Listed for sale	$525,000$448/sqft
Source: Key West AOR #608281 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,818 -11.6%	$402,884 -9.7%
2024	$4,320 +6.1%	$446,054 +5.6%
2023	$4,073 +2.6%	$422,519 -0.7%
2022	$3,970 +223.7%	$425,417 +300.9%
2021	$1,226 +0.4%	$106,117 +1.4%
2020	$1,221	$104,652 +2.3%
2019	$1,221 +1.4%	$102,300 +1.9%
2018	$1,205 +0.7%	$100,393 +2.1%
2017	$1,196 +1.8%	$98,329 +2.1%
2016	$1,175 -0.6%	$96,307 +0.7%
2015	$1,182	$95,638