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$10,000,000
Key Largo, FL 33037
MLS# 608113
7 beds | 6 baths | 5392 sqft
1 / 68
Property Description
Magnificent bayfront estate with income producing vacation rental included! Enjoy year round sunsets from this 2 acre estate on Florida Bay! 3 homes on 2 separate parcels plus deeded baybottom make this a truly unique property. Gated for privacy, the driveway passes the Coral House, which is used as a licensed vacation rental. Continue towards the bay where the Cottage and Main House are nestled into the mature tropical landscaping. Florida Bay is straight ahead with a jetty into the Bay which is the perfect spot for sunning or stargazing. The boatramp next to the jetty is handy for launching kayaks and paddleboards to explore Florida Bay. Originally built in 1961, the Main House was expanded in the early 70's and has 3 bedrooms and 3 baths with the master suite upstairs. The Cottage was built in 1956 and is a quaint guest house. The Coral House has 3 bedrooms and 2 baths, was built in 1992 and is in the X flood zone. The Main House will be changing to AE 7 on the new flood map from VE 13. Come and take a look and fall in love with this beautiful bayfront property. The new FEMA flood map has this property changing from VE 13 to AE 7 and X flood zones.
Details
Maps
Contract Information
Current Price: $10,000,000
Listing Date: 2024-01-09
Listing Board: Florida Keys
List Price: $10,000,000
Location, Tax & Legal
Street #: 95480
Street Name: Overseas
Street Suffix: Highway
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
County: Monroe
Subdivision: Sunrise Point (95.0)
Mile Marker: 95
Area: 26 - Key Largo S of MM 96.9
Marathon Neighborhood: N/A
Side: Bay/Gulf
Flood Zone: AE,AE,VE,AE
Alternate Key #: 1100374
Add'l Parcel #1: 00088520-000100
Add'l Parcel #2: 00088530-000000
Parcel #: 00088520-000000
Zoning: SR - Sub Urban Residential District
Deed Restrictions: Unknown
Legal: 13 62 38 PT GOV LOT 2 ISLAND OF KEY LARGO (.99AC) OR588-897 OR3063-2414
Taxes: 17741
Tax Year: 2023
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 4
Pool: No
Year Built: 1961
Lot Size: 2.10 acres includes .27 of baybottom
Lot SqFt: 91285
Acres: 0.99
Living Apx SqFt: 5392
SqFt Source: Property Data Card
Total Bedrooms: 7
Full Baths: 6
Total Baths: 6
Rentals Allowed: Yes
Min Rental Days: 7
Remarks & Misc
Remarks – Consumer: Magnificent bayfront estate with income producing vacation rental included! Enjoy year round sunsets from this 2 acre estate on Florida Bay! 3 homes on 2 separate parcels plus deeded baybottom make this a truly unique property. Gated for privacy, the driveway passes the Coral House, which is used as a licensed vacation rental. Continue towards the bay where the Cottage and Main House are nestled into the mature tropical landscaping. Florida Bay is straight ahead with a jetty into the Bay which is the perfect spot for sunning or stargazing. The boatramp next to the jetty is handy for launching kayaks and paddleboards to explore Florida Bay. Originally built in 1961, the Main House was expanded in the early 70's and has 3 bedrooms and 3 baths with the master suite upstairs. The Cottage was built in 1956 and is a quaint guest house. The Coral House has 3 bedrooms and 2 baths, was built in 1992 and is in the X flood zone. The Main House will be changing to AE 7 on the new flood map from VE 13. Come and take a look and fall in love with this beautiful bayfront property. The new FEMA flood map has this property changing from VE 13 to AE 7 and X flood zones.
Directions: Property is located just south of Harriette's Restaurant at 95480 on the bay side. Gated with a white picket fence. No sign.
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Seawall: Rip Rap
Building Style
Above Flood: Unknown
Vehicle Storage
Car(s): 4+
Property Features
Fee Includes: None
Tax Exemptions: Homestead
Waterfront: Bay Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Dockage: Boat Ramp; Other Dockage
Vehicle Storage: Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s)
Porch/Balcony: Open Porch/Balcony
Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Propane; Water Separate Meter
Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Fireplace(s); Split Bedroom; Storage
Pre-Wired: Cable
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer
Exterior Features: Fencing; Lighting; Outdoor Shower; Privacy Wall/Fence; Sandy Beach; Shed; Storage
Construction: CBS; Combo Construction
Windows/Doors: Aluminum Windows; Sliding Glass Doors
Floor: Carpet; Concrete; Tile
Roof: Concrete Roof; Metal Roof
Pets: Pets Allowed
Security: Electric Gate
Land Size: 2 Less Than 5 Acres
Terms: No Seller Finance
Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: April - 17 - 2024
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