$1,850,000
●
House -
Off Market
7 North Drive
Key Largo, FL 33037
3 Beds
2 Baths,
1
Half Bath
2,541 Ft²
$2,059,530
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
This custom-built 3 bedroom/2.5 bath CBS home is located on a deep
water canal with 100' dock and davits. Roof top 1240 square foot
deck with 180 degree view of Blackwater Sound and beyond. Two
garages with dual doors and space for 4 cars. Lots of natural
light. Workshop and storage area. Inside elevator. Built-in
Jacuzzi. Two large 400sf balcony porches on the canal side and one
on the bayside. Extra large lot with ample space for an RV, boat,
or additional cars. Mature landscaping with royal palm trees and
sprinkler system. Located right at the entrance to Key Largo with a
short drive to Miami. Whether you like seclusion or entertaining
this would be the perfect home for you!
Unit Size
2,541 Ft²
Days on Market
29 days
Land Size
0.25 acres
Price per sqft
$787
Property Type
House
Property Taxes
$661
HOA Dues
-
Year Built
1991
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (Beaches MLS #R10773578)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2022 | Sold | ||
| Sold | |||
| Jan 31, 2022 | Listed by Berman Realty | $1,999,999 | |
| Listed by Berman Realty | |||
| May 17, 2021 | No longer available | - | |
| No longer available | |||
| Jan 17, 2021 | Price Decreased |
$1,595,000
↓ $200K
(11.1%) | |
| Price Decreased | |||
| Dec 19, 2020 | Listed | $1,795,000 | |
| Listed | |||
| | |||
|
Price negotiable. Unique Custom 3 stories CBS home in Stillwright Point. 3 bedrooms 2.5 bath home. Features: Inside elevator. Built in Jacuzzi, roof top patio with a 360 degrees view of the bay on a concrete slab of 1240 s. f. 2 extra large screened porches total 870 S.F. 2 garages with double garage doors for 4 cars total 1174 S.F. Workshop 435 S. F. Built on an oversized lot with many mature palm trees. 100 feet of concrete dock with davit. Circular driveway and 100 feet of straight driveway to park your motorhome or boat. The manager has listed the unit size as 2541 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Elevator
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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HOA + Taxes
About Key Largo
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Listed by: Bob Berman
Berman Realty
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10773578
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Berman Realty
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10773578
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017