305-609-4190
147 S Ocean Shores Dr, Key Largo FL 33037
Active Single Family Residence

147 S Ocean Shores Dr, Key Largo FL 33037

Key Largo, FL, 33037

$990,000

Est. $5,006/mo (20% down)

3
Beds
3.5
Baths
1,874
Sq Ft
1988
Year Built
—
Lot Sq Ft
—
Garage

Photo Gallery (49 photos)

About This Property

This exceptional Key Largo home offers 2,442 sq. ft. of combined finished space and a SEPARATELY DEEDED BOAT SLIP with private boat ramp access to the ocean! Originally built in 1988, the home underwent an extensive, fully permitted reconstruction completed in 2008, featuring a metal roof, impact-resistant windows, updated electrical and plumbing, and a PRIVATE RESIDENTIAL ELEVATOR connecting both levels. The bright, spacious interior features an open-concept living and dining area, two bedrooms, a dedicated office, 3.5 bathrooms, plantation shutters, and an expansive elevated porch perfect for enjoying the tropical breeze. The ground level offers a versatile studio/workshop, full bathroom, and an impressive 1,307 sq. ft. of covered parking with plenty of room for vehicles, boats, and trailers. Additional highlights include updated A/C systems, tankless water heaters, and central sewer. Enjoy boating, fishing, and everything the Keys have to offer with your own deeded boat slip just steps away. Conveniently located near restaurants, Jacobs Aquatic Center, and Key Largo Park. NO HOA! Your Keys paradise awaits!

Property Details

MLS #

A12106211

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

1988

Days on Market

1

Pool

No

Waterfront

No

Price / Sq Ft

$528

HOA Fee

None

Est. Insurance

$330/mo

Tax Year

2025

Tax Amount

$3,229

Garage

—

Lot Size

—

MLS Area

Key Largo Ocean Shores Ad

Subdivision

KEY LARGO OCEAN SHORES AD

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Flood Zone & Insurance

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

Investment Analysis

$6,930
Est. Monthly Rent
1.3%
Cap Rate
6.4%
Cash-on-Cash
$12,670
Net Operating Income

ROI Projections (4% Annual Appreciation)

140%
5-Year ROI
Value: $1,204,486
304%
10-Year ROI
Value: $1,465,442
496%
15-Year ROI
Value: $1,782,934

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

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