by RH Advisors

See Home Value
Key Largo 33037
40 Pirates Dr
$530,000
House - Off Market

40 Pirates Dr

Key Largo, FL 33037
bedrooms
1 Bed
bathrooms
1 Bath
square feet
561 Sqft
$3,128
Estimated Monthly
$0
HOA / Fees
3.51%
Cap Rate

About This Property

This is like living on the water without paying the price. The boat ramp with bay, intercoastal waterway and ocean access is right across the street! Turn key, fully renovated home, in sought after Pirates Cove. Located in a No flood zone. The unyielding strength of solid concrete construction with beautiful new impact windows and doors, will give you the peace of mind you seek in Key Largo's Island paradise. Dade County pine, tongue and groove ceilings, sparkling designer kitchen, with subway tiles, granite counter tops and GE slate stainless appliances. Walk in shower with frameless glass, vessel sink and a custom vanity. A fenced yard with kayak and S.U.P. racks, create a tropical outdoor entertaining venue and it in includes a hot tub, an outdoor shower, plus additional storage.
Unit Size
561Ft²
Days on Market
121 days
Land Size
0.06 acres
Price per sqft
$1,059
Property Type
House
Property Taxes
$211
HOA Dues
-
Year Built
1958
Last updated: 5 months ago (Miami MLS #A11437223)

Price History

Date / Event Date Event Price
Dec 29, 2023 Sold to Derek William Lacina, Loyda... $530,000
Sold to Derek William Lacina, Loyda...
Oct 23, 2023 In contract -
In contract
Aug 29, 2023 Listed by Coldwell Banker Schmitt R.E. $594,000
Listed by Coldwell Banker Schmitt R.E.
Jun 6, 2023 No longer available -
No longer available
Dec 14, 2022 Listed by Compass Florida LLC $624,000
Listed by Compass Florida LLC
Feel the sun in this Beautiful Bungalow , totally renovated in a perfect location close to shopping centers and amazing beaches, easy boat or kayak launch. Furnished and decorated with beautiful taste .Voluntary homeowners park also includes small beach and clubhouse for owners in this popular neighborhood with great bay access. The manager has listed the unit size as 763 square feet.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 561
  • Gross Building Area: 561
  • Building Area: 561
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 561
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PIRATES COVE
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BK 5 LT 10 PIRATES COVE-KEY LARGO PB3-18 OR279-422/23 OR937-319L/E OR1437-2238D/C OR1438-190/96 OR1460-29 OR2778-417 OR2892-2487

Ownership

  • Current Owner : LACINA DEREK WILLIAM
  • Current Owner 2: LACINA LOYDA SILVIA
  • Previous Owner : BURRIS ANDREA L
  • Owner Before Previous Owner: SWINNEY SEAN MICHAEL
  • Owner Before Previous Owner 2: SMITH DARWIN DANE
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 970500

Zoning

  • Zoning: IS-M

Geography

  • Assessors Map Reference: 24-32
  • Account Number: 1609625
  • Parcel: 00493460-000000
  • Block: 5
  • Lot: 10
  • Meridian: SEC 32 TWN 61S RNG 39E
  • Municipality: KEY LARGO FROM SOUTH BAY HARBO
  • Latitude: 25.0833
  • Longitude: -80.4555

    Address

  • Full Address: 40 Pirates Dr
  • Address - House Number: 40
  • Address - Street Name: Pirates
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Key Largo
  • Carrier Code: R008
  • 4-Digit Zip Code: 2320
  • Zip Code: 33037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,529
  • Tax Rate Code Area: 500K

    Appraisal Valuation

  • Standard Deviation: 0.0881
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 562,667
  • High Value: 612,262
  • Low Value: 513,072

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $424,000
  • First Open Lien Mortgage Lender: A&D MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 29, 2023
  • First Open Lien Mortgage Loan Amount: $424,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $304,015
  • Market Land Value: $178,250
  • Market Improvement Value: $125,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $304,015
  • Assessed Land Value: $178,250
  • Assessed Improvements Value: $125,765

    Sales

  • Current Sale Contract Date: Dec 27, 2023
  • Current Sale Recording Date: Dec 29, 2023
  • Current Sale Transaction ID: 11918964690
  • Current Sale Price: $530,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2446151
  • Previous Sale Recording Date: Feb 22, 2018
  • Previous Sale Contract Date: Feb 16, 2018
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: A&D MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 29, 2023
  • First Mortgage Loan Amount: $424,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Feb 22, 2018
  • Previous Mortgage Loan Amount: $274,928
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
876 ft²
$559/ft²
$490,000 Oct 8, 2023
$490,000 Nov 15, 2023
$240/mo
Mobile / Manufactured
1 Bed
1 Bath
704 ft²
$987/ft²
$695,000 Jul 25, 2023
$695,000 Sep 18, 2023
$274/mo
House
1 Bed
2 Baths
1,080 ft²
$588/ft²
$635,000 Dec 14, 2023
-
$299/mo
Condo
2 Beds
2 Baths
845 ft²
$621/ft²
$524,900 Sep 12, 2023
-
$1,514/mo
House
2 Beds
1 Bath
1,000 ft²
$610/ft²
$610,000 Oct 21, 2023
-
$312/mo
Condo
2 Beds
2 Baths
1,029 ft²
$632/ft²
$649,999 Dec 21, 2023
-
$1,593/mo
House
2 Beds
1 Bath
1,137 ft²
$527/ft²
$599,000 Dec 11, 2023
-
$396/mo
Condo
2 Beds
2 Baths
-
$524,900 Sep 21, 2023
-
$1,514/mo
House
3 Beds
2 Baths
1,162 ft²
$593/ft²
$689,000 Nov 29, 2023
-
$391/mo

About Key Largo


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Frequently Asked Questions

When was property at 40 Pirates Drive built and last sold?
The property at 40 Pirates Drive was built in 1958 and last sold on Dec 27, 2023 for $530,000.
How much is this home worth?
The estimated value of the home located at 40 Pirates Drive is $594,439.
What are some comparable homes to 40 Pirates Drive?
Homes that are comparable to 40 Pirates Drive include a house property at 82 Sir Francis Drake Drive, a condo property at 98261 Windward Avenue, a house property at 84 John Silver Drive.

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