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Key Largo 33037
713 Grouper Lane
$2,620,000
● House - Off Market

713 Grouper Lane

Key Largo, FL 33037
bedrooms
5 Beds
bathrooms
6 Baths
square feet
3,556 Ft²
$15,244
Est. Monthly

About This Property

SPECTACULAR Ocean Views. Beautiful Swimming pool, Hot tub & Outdoor kitchen, Two Boat Lifts 17,000lb & 7,000lb. Tri-level Concrete/CBS Waterfront home with sundecks on 3 levels/Concrete Roof top with 180'-degree Magnificent Ocean views. Updated Modern Split floor plan offers 5 bedrooms/6 bathrooms, plus den. This house has all the Bells & Whistles. Direct Ocean Access. Fenced in yard & artificial grass. Centrally Located- Near Shopping, Schools & Restaurants.
Unit Size
3,556 Ft²
Days on Market
33 days
Land Size
0.18 acres
Price per sqft
$801
Property Type
House
Property Taxes
$1,250
HOA Dues
-
Year Built
2007

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Cap Rate Calculator

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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: 6 months ago (Beaches MLS #R10942631)

Price History

Date / Event Date Event Price
Jan 12, 2024 Sold
Premium
Sold
Jan 5, 2024 In contract -
In contract
Dec 10, 2023 Listed by Venture Realty Group $2,850,000
Listed by Venture Realty Group
Nov 26, 2023 Listed by Venture Realty Group $2,850,000
Listed by Venture Realty Group
Jul 7, 2023 Sold
Premium
Sold
Show More

Property Highlights

Elevator
Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 6
  • Roof Cover Type: 4
  • Floor Count: 400
  • Living Units: 1
  • Floor Cover: 7
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 1,116
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 640
  • Total Building Area: 4,036
  • Gross Building Area: 4,036
  • Building Area: 4,036
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,036
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNRISE POINT ADD AMD
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: BK 8 LT 12 AND NWLY 4 FT OF LT 13 AMD PLAT OF SUNRISE POINT ADDN PB4-41 KEY LARGO OR387-841/42 OR547-1023 OR1443-255 OR1536-112/14 OR1536-115 OR1968-791 OR2527-442C/T OR2586-2247/49 OR2634-1085/86 OR2914-2250 OR3233-0696

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 970600

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 22-13
  • Account Number: 9071503
  • Parcel: 00484290-000100
  • Block: 8
  • Lot: 12,13
  • Meridian: SEC 13 TWN 62S RNG 38E
  • Municipality: TAVERNIER AND THE SOUTHWEST PA
  • Latitude: 25.0452
  • Longitude: -80.4874

    Address

  • Full Address: 713 Grouper Ln
  • Address - House Number: 713
  • Address - Street Name: Grouper
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Key Largo
  • Carrier Code: R002
  • 4-Digit Zip Code: 3816
  • Zip Code: 33037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,250,791
  • Tax Rate Code Area: 500P

    Appraisal Valuation

  • Standard Deviation: 0.0881
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 2,740,682
  • High Value: 2,982,254
  • Low Value: 2,499,110

    Market Valuation

  • Market Total Value: $1,901,343
  • Market Land Value: $747,840
  • Market Improvement Value: $1,153,503

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,901,343
  • Assessed Land Value: $747,840
  • Assessed Improvements Value: $1,153,503

    Sales

  • Current Sale Contract Date: Jan 11, 2024
  • Current Sale Recording Date: Jan 12, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2447714
  • Previous Sale Recording Date: Jul 07, 2023
  • Previous Sale Contract Date: Jun 30, 2023
  • Previous Sale Amount: $2,750,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Key Largo

Stats & Trends

Median Asking:

$1,325,000

Sale Price/ft²

$721

Below Asking

0.02%

Average Days on Market

122

Average Home Size

1785 ft²

Average Home Age

30.3 years

Currently For Sale

85 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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BEACHES

Listed by: Tracey E Petrusha
Venture Realty Group
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10942631
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.

Frequently Asked Questions

When was property at 713 Grouper Lane built and last sold?
The property at 713 Grouper Lane was built in 2007 and last sold on Jan 11, 2024 for $2,620,000.
How much is this home worth?
The estimated value of the home located at 713 Grouper Lane is $2,872,091.
What are some comparable homes to 713 Grouper Lane?
There are currently no comparable homes to 713 Grouper Lane.
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