116 Ocean Dr

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great opportunity to own this over-sized lot, zoned Sub Urban Commercial and designated as Tier III A. Located in the Heart of Key Largo, across from the Marriott Courtyard, Marina, dive shops and in close proximity to restaurants and shops. Ideal to develop a commercial property with mixed use. Allowable uses for Sub Urban Commercial Zoning can be found in the documents tab.Great opportunity to own this over-sized lot, zoned Sub Urban Commercial and designated as Tier III A. Located in the Heart of Key Largo, across from the Marriott Courtyard, Marina, dive shops and in close proximity to restaurants and shops. Ideal to develop a commercial property with mixed use. Allowable uses for Sub Urban Commercial Zoning can be found in the documents tab.

Property Details for 116 Ocean Drive

Waterfront
No
Area
98 Florida Keys
Geographic Area
Other Geographic Area (Out Of Area Only)
Auction
No
LISTING UPDATED: 07/29/2020 03:39 PM

Property Details for 116 Ocean Drive

StatusSold
MLS #A10785448
Days on Market77
Taxes$663 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeNon-Residential
MLS TypeCommercial/Industrial / Industrial
Year Built-
Lot Size0.57 AC / 24,950 SF
CountyMonroe County

Location

Listing Courtesy of Coldwell Banker Schmitt R.E.

Sold By The Firm Realty Group

Add your commute

Virtual Tour

Building Information for 116 Ocean Drive

Stories-Residences-Year Built-Lot Size0.57 AC / 24,950 SF

Payment Calculator

$677 per month

30 year fixed, 6.15% Interest

Principal and Interest

$621

Property Taxes

$55

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 116 Ocean Drive

Location Information
Location Information
  • Parcel Number Free Text: 00087600-000100
  • Section: 28
  • Zoning Information: UC
General Information
General Information
  • Style of Property: Unimproved Business/Commercial
  • Usage: Unimproved Agr/Recreation/Mobile Home, Unimproved Business/Commercial, Other Usage
  • Environmental Audit: Unknown
  • Comprehensive Plan Use: Suburban, Urban Commercial
  • Total Acreage: 1
  • Lot Frontage: 250
  • Lot Depth: 100
  • Approximate Lot Size: 100x251
  • Property Sq Ft: 24950
  • Location: Central Business District, Near Seaport, Urban Area Development
  • Surface Description: Paved Road
  • Road Description: City/County Maintained, Public Road
  • Lot Description: 1-2.5 Acres
  • Directions: Turn toward the ocean on Ocean Drive, Mile Marker 100. Property on left, sign on property.
Additional Property Information
Utilities
  • Utilities Available: Cable Tv, Electric, Irrigation Water, Phone Line, Sewer, Trash Removal, Underground Utilities, Water
  • On Site Utilities: No Utilities
  • Water Description: Other
  • Sewer Description: None
Financial Information
Financial Information
  • Total Assumable Loans: $0
  • Total Mortgage: $0
  • Flood Zone: X
  • Tax Year: 2019

Property History for 116 Ocean Drive

DateEvent & SourcePriceAppreciation
Jul 12, 2024

Sold (Public Record)

Public Record #1536991746

$1,300,000

+77.5% / yr

Jun 25, 2020

Sold (Public Record)

Public Record #672777589

$127,500
Jun 25, 2020

Sold (Public Record)

Public Record #672777589

$127,500

+8.6% / yr

Jun 25, 2020

Sold

MiamiRE #A10785448

$127,500
Jun 25, 2020

Sold

FKMLS #588606

$127,500
Feb 25, 2020

Pending

MiamiRE #A10785448

Feb 25, 2020

Pending

FKMLS #588606

Dec 10, 2019

Listed (Active)

MiamiRE #A10785448

$139,000
Dec 8, 2019

Listed (Active)

FKMLS #588606

$139,000
Jul 23, 2015

Sold (Public Record)

Public Record #555544172

$85,000
Feb 5, 2015

Expired

FKMLS #564929

Aug 5, 2014

Listed (Active)

FKMLS #564929

$100,000
Aug 3, 2014

Expired

FKMLS #563329

Feb 3, 2014

Listed (Active)

FKMLS #563329

$100,000
DateEvent & SourcePrice
07/12/2024

Sold (Public Record)

Public Record #1536991746

$1,300,000

+77.5% / yr

06/25/2020

Sold (Public Record)

Public Record #672777589

$127,500
06/25/2020

Sold (Public Record)

Public Record #672777589

$127,500

+8.6% / yr

06/25/2020

Sold

MiamiRE #A10785448

$127,500
06/25/2020

Sold

FKMLS #588606

$127,500
02/25/2020

Pending

MiamiRE #A10785448

02/25/2020

Pending

FKMLS #588606

12/10/2019

Listed (Active)

MiamiRE #A10785448

$139,000
12/08/2019

Listed (Active)

FKMLS #588606

$139,000
07/23/2015

Sold (Public Record)

Public Record #555544172

$85,000
02/05/2015

Expired

FKMLS #564929

08/05/2014

Listed (Active)

FKMLS #564929

$100,000
08/03/2014

Expired

FKMLS #563329

02/03/2014

Listed (Active)

FKMLS #563329

$100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 116 Ocean Drive

Taxable ValueLand$483,030Additions$584,692Total$1,067,722
Tax Record2024$4,388 ($366 / month)
Home Facts
Total Finished SqFt2,463 SqFtAbove Grade Finished SqFt2,463 SqFtStories1Lot Size24,852 SqFtStyleLight IndustrialYear Built2022Year Renovated2024CountyMONROEAPN00087600-000100

Schools near 116 Ocean Drive

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Public - 6 to 12
Rating
School
Distance
Key Largo School
PublicPK to 8

Coral Shores High School
Public9 to 12

Ocean Studies Charter
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Schmitt R.E.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.