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40 Cardinal Lane

40 Cardinal Lane, Key Largo, FL 33037
Property in Upper Keys
Local assessors in Key Largo, FL have categorized 40 Cardinal Lane as a vacant type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 25,965 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 6 full bathrooms. There are also 7 partial bathrooms. This is a 6 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 40 Cardinal Lane has a total of 6,314 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 875 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. The building has a cathedral style roof that was made of tile. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 10, 2021 for $7,800,000. That's $736.96 per sqft. Prior to that sales transaction, the property was also sold in Mar 1, 1989 for $1,252,000. 40 Cardinal Lane was last assessed in 2023. The total value of the property was assessed at $5,973,223. Specifically, the land the property is located on was valued at $5,964,225. While improvements on the property were assessed at a total of $8,998. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $45,072. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 29
  • Building Condition: Good
  • Construction Type: Concrete block
  • Exterior Walls Type: Other
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Tile
  • Floor Count: 6
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 875
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 25,965
  • Total Building Area: 10,584
  • Gross Building Area: 21,426
  • Building Area: 10,584
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 6,314
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: SUNRISE CAY II OCEAN REEF PLAT 15
  • Land Acres: 0.596
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: LT 7 AND PT LT 8 SUNRISE CAY II OCEAN REEF PLAT NO 15 PB7-23 OR884-2221 OR976-996 OR976-1014 OR979-2247 OR1085-2143 OR1139-2496 OR1203-2396 OR1220-2491 OR1222-1650 OR2605-163 OR2612-1314 OR3125-0121 OR3218-2474

Ownership

  • Current Owner : TR CARDINAL LANE LLC
  • Previous Owner : CARDINAL LANE FOUR SONS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 972700

Zoning

  • Zoning: IS

Geography

  • Account Number: 8626789
  • Parcel: 00569444-000800
  • Block: 1
  • Lot: 7,8
  • Meridian: SEC 05 TWN 59S RNG 40E
  • Municipality: OCEAN REEF
  • Latitude: 25.333
  • Longitude: -80.2598

    Address

  • Full Address: 40 Cardinal Ln
  • Address - House Number: 40
  • Address - Street Name: Cardinal
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Key Largo
  • Carrier Code: R009
  • 4-Digit Zip Code: 5305
  • Zip Code: 33037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $45,072
  • Tax Rate Code Area: 500R

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $30,126,000
  • First Open Lien Mortgage Lender: FVCBANK
  • First Open Lien Mortgage Recording Date: Sep 10, 2021
  • First Open Lien Mortgage Loan Amount: $30,126,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $5,973,223
  • Market Land Value: $5,964,225
  • Market Improvement Value: $8,998

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,973,223
  • Assessed Land Value: $5,964,225
  • Assessed Improvements Value: $8,998

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Transaction ID: 11857020782
  • Current Sale Price: $7,800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2339182
  • Previous Sale Recording Date: Mar 01, 1989
  • Previous Sale Contract Date: Mar 01, 1989
  • Previous Sale Amount: $1,252,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FVCBANK
  • First Mortgage Transaction Date: Sep 10, 2021
  • First Mortgage Loan Amount: $30,126,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

About North Key Largo



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Frequently Asked Questions

What neighborhood is 40 Cardinal Lane located in?
The 40 Cardinal Lane is a located in the neighborhood of Upper Keys in North Key Largo, Key Largo.
What is the average sales price for listings in 40 Cardinal Lane?
The average sales price for units in 40 Cardinal Lane is $0 currently.

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