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Key Largo 33037
900 Lobster Lane
$3,650,000
● House - Off Market

900 Lobster Lane

Key Largo, FL 33037
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,778 Ft²
$4,070,010
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

SPECTACULAR PRIVATE OCEAN FRONT RESORT-STYLE HOME W/SUPERIOR OCEAN VIEWS, DEEP WATER DOCKAGE & DIRECT OCEAN ACCESS..RELAX IN THE OVERSIZED POOL W/ WATERFALL JACUZZI AS YOU ENJOY COOKING YOUR FRESH CATCH IN THE OUTDOOR KITCHEN UNDER THE TIKI HUT..PLAY TO YOUR HEARTS CONTENT W/ALL OF YOUR WATER TOYS USING THE DUAL LIFTS, DOCK, & KAYAK LAUNCH..CUSTOM HOME (2020 BUILDING CODES) INCLUDES NEW METAL ROOF, A/C, IMPACT DOORS & WINDOWS, W/ 16' FOLDING SLIDING GLASS DOOR WHICH OPENS TO TRUE INDOOR/OUTDOOR LIVING WHILE OVERLOOKING THE ATLANTIC OCEAN..400 SQ. FT. CLIMATE CONTROL STORAGE..GOURMET KITCHEN & MUCH MORE. NEED MORE SPACE? SELLER HAS ARCH PLANS FOR ADD ON..SEA LIFE, SUNRISES, STARGAZING WILL BE YOUR NEW PASTIMES. THIS COMPLETELY RENOVATED HOME W/DRAMATIC OCEAN VIEWS IS A FISHERMAN'S PARADISE.
Unit Size
1,778 Ft²
Days on Market
58 days
Land Size
0.35 acres
Price per sqft
$2,053
Property Type
House
Property Taxes
$788
HOA Dues
-
Year Built
1985

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #F10301389)

Price History

Date / Event Date Event Price
Nov 15, 2021 Sold
Premium
Sold
Sep 18, 2021 Listed by Coral Shores Realty $3,650,000
Listed by Coral Shores Realty
Jun 27, 2013 Sold
Premium
Sold
Apr 17, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 4
  • Patio Type: 16
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 15,280
  • Total Building Area: 1,528
  • Gross Building Area: 1,528
  • Building Area: 1,528
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,528
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNRISE POINT REV
  • Land Acres: 0000000351
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: TR C LESS NWLY 255 FT REVISED PLAT OF SUNRISE POINT KEY LARGO PB3-11 (.46 AC) OR883-1575 OR1021-1728 OR1854-1013/14 OR2031-979 OR2287-571 OR2636-460/61 OR3137-1759

Neighborhood

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

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 22-13
  • Account Number: 8647565
  • Subdivision Tract Number: C
  • Parcel: 00484970-000101
  • Meridian: SEC 13 TWN 62S RNG 38E
  • Municipality: TAVERNIER AND THE SOUTHWEST PA
  • Latitude: 25.0454
  • Longitude: -80.4853

    Address

  • Full Address: 900 Lobster Ln
  • Address - House Number: 900
  • Address - Street Name: Lobster
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Key Largo
  • Carrier Code: R002
  • 4-Digit Zip Code: 3854
  • Zip Code: 33037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,715,574
  • Tax Rate Code Area: 500P

    Appraisal Valuation

  • Standard Deviation: 0.2468
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 65
  • Final Value: 4,233,807
  • High Value: 5,279,036
  • Low Value: 3,188,578

    Market Valuation

  • Market Total Value: $3,100,044
  • Market Land Value: $2,351,592
  • Market Improvement Value: $748,452

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,100,044
  • Assessed Land Value: $2,351,592
  • Assessed Improvements Value: $748,452

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2348681
  • Previous Sale Recording Date: Jun 27, 2013
  • Previous Sale Contract Date: Jun 26, 2013
  • Previous Sale Amount: $1,175,000
  • 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:

$1,380,000

Sale Price/ft²

$706

Below Asking

0.02%

Average Days on Market

80

Average Home Size

1760 ft²

Average Home Age

30.2 years

Currently For Sale

95 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

Unit for rent at 121 Dove Lake Drive, Tavernier, FL, 33070

$1,750 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
121 Dove Lake Drive, Tavernier, FL, 33070 Listing by Jarred Parton

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Jenise C Hinds
Coral Shores Realty
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# F10301389
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 900 Lobster Lane built and last sold?
The property at 900 Lobster Lane was built in 1985 and last sold on Nov 15, 2021 for $3,650,000.
How much is this home worth?
The estimated value of the home located at 900 Lobster Lane is $0.
What are some comparable homes to 900 Lobster Lane?
There are currently no comparable homes to 900 Lobster Lane.
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