Sold for $5,800,000

$5,800,000

8 Mahogany Ln, Key Largo, FL 33037

4beds

5,494sqft

Single Family Residence

Built in 2001

0.51 Acres Lot

$6,488,000 Zestimate^®

$1,056/sqft

$8,616 Estimated rent

Home value

$6,488,000

$5.77M - $7.20M

$8,616/mo

Zestimate^® history

Owner options

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$8,616/mo

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$8,616/mo

Rent Zestimate^®

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$34,971/mo

Est. payment

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$34,971/mo

Est. payment

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What's special

Sold!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 6
Full bathrooms: 4
1/2 bathrooms: 2

Appliances

Included: Washer, Dryer, Dishwasher, Freezer, Refrigerator, Microwave
Laundry: Laundry Room

Features

Granite Counters, Office/Den
Number of fireplaces: 1

Interior area

Total structure area: 5,494
Total interior livable area: 5,494 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, 2 Car Garage
Attached garage spaces: 2

Features

Stories: 2
Patio & porch: Terrace, Deck/Patio
Exterior features: Outdoor Kitchen
Has spa: Yes
Spa features: Spa/Hot Tub

Lot

Size: 0.51 Acres
Features: Cul-De-Sac

Details

Parcel number: 00573690000800
Special conditions: Traditional
Other equipment: Home Theater

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Concrete Block

Condition

New construction: No
Year built: 2001

Community & HOA

Community

Subdivision: Not Condo or Condo Outside MLS Area

Location

Region: Key Largo

Financial & listing details

Price per square foot: $1,056/sqft
Tax assessed value: $4,786,213
Annual tax amount: $29,803
Date on market: 6/19/2024

Price history

Date	Event	Price
6/18/2024	Sold	$5,800,000+20.8%$1,056/sqft
Source: CLS at Ocean Reef #2715 Report a problem
5/20/2022	Sold	$4,800,000-3.9%$874/sqft
Source: CLS at Ocean Reef #2344 Report a problem
4/19/2022	Pending sale	$4,995,000$909/sqft
Source: CLS at Ocean Reef #2344 Report a problem
4/13/2022	Price change	$4,995,000-9.1%$909/sqft
Source: CLS at Ocean Reef #2344 Report a problem
3/24/2022	Price change	$5,495,000-3.6%$1,000/sqft
Source: CLS at Ocean Reef #2344 Report a problem
2/24/2022	Listed for sale	$5,700,000+90.3%$1,037/sqft
Source: CLS at Ocean Reef #2344 Report a problem
8/13/2019	Listing removed	$2,995,000$545/sqft
Source: Ocean Reef Club Sotheby's International Realty #1677 Report a problem
2/7/2019	Listed for sale	$2,995,000+23.5%$545/sqft
Source: Ocean Reef Club Sothebys International Realty #1677 Report a problem
11/2/2013	Listing removed	$2,425,000+12.8%$441/sqft
Source: Russell Post Sotheby's International Realty #OR10 Report a problem
10/31/2013	Sold	$2,150,000-11.3%$391/sqft
Source: Public Record Report a problem
11/29/2011	Price change	$2,425,000-16.4%$441/sqft
Source: Russell Post Sotheby's International Realty #1711756 Report a problem
11/24/2010	Price change	$2,900,000-9.4%$528/sqft
Source: Russell Post Sotheby's International Realty #1711756 Report a problem
12/11/2009	Listed for sale	$3,200,000+341.4%$582/sqft
Source: Russell Post Sotheby's International Realty #1711756 Report a problem
6/19/2000	Sold	$725,000+107.1%$132/sqft
Source: Public Record Report a problem
6/17/1999	Sold	$350,000+79.5%$64/sqft
Source: Public Record Report a problem
6/12/1998	Sold	$195,000$35/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$32,809 +0.9%	$4,786,213 -0.7%
2024	$32,507 +4.7%	$4,819,282 +6.6%
2023	$31,045 +72.2%	$4,519,609 +82.7%
2022	$18,029 +9.9%	$2,473,964 +10%
2021	$16,412 +53.9%	$2,249,058 +53.1%
2020	$10,664	$1,468,998 +2.3%
2019	$10,664 +2.1%	$1,435,971 +1.9%
2018	$10,440 -0.3%	$1,409,197 +2.1%
2017	$10,473 +2.3%	$1,380,213 +2.1%
2016	$10,236 -3.1%	$1,351,825 +0.7%
2015	$10,567	$1,342,428