305-609-4190
38 Silver Springs Dr, Key Largo FL 33037
Active Single Family Residence

38 Silver Springs Dr, Key Largo FL 33037

Key Largo, FL, 33037

$525,000

Est. $2,655/mo (20% down)

3
Beds
1
Baths
960
Sq Ft
1973
Year Built
Lot Sq Ft
Garage

Photo Gallery (14 photos)

About This Property

Discover this charming mid-century home, fully remodeled and brimming with character. Featuring stunning terrazzo floors, three bedrooms, and one bathroom, the open-plan living, dining, and kitchen area creates a seamless flow throughout the home. Every detail has been updated, including a new AC unit, water heater, and electrical system, while the roof is just 5 years old. Outside, you'll find a storage shed, hurricane shutters, and a fully fenced backyard complete with cement pavers — perfect for al fresco dining and entertaining. With no grass to maintain, upkeep is a breeze. Ideally located close to US 1, Coral Reef State Parks, and fantastic waterfront restaurants within walking distance, this home offers the best of Key Largo living. Residents can also enjoy exclusive access to a private community beach and boat ramp with an annual membership. Whether you're looking for a weekend retreat or a permanent paradise to call home, this gem at Mile Marker 101 bayside in the sought-after Key Largo Park neighborhood offers an unbeatable lifestyle at a fraction of the cost.

Property Details

MLS #

A12074061

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

1973

Pool

No

Waterfront

No

Price / Sq Ft

$547

HOA Fee

None

Est. Insurance

$175/mo

Tax Year

2025

Tax Amount

$3,750

Garage

Lot Size

MLS Area

Key Largo Park Amd

Subdivision

KEY LARGO PARK AMD

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$3,675
Est. Monthly Rent
0.5%
Cap Rate
2.5%
Cash-on-Cash
$2,644
Net Operating Income

ROI Projections (4% Annual Appreciation)

121%
5-Year ROI
Value: $638,743
265%
10-Year ROI
Value: $777,128
438%
15-Year ROI
Value: $945,495

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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