Sold for $1,599,000

$1,599,000

550 Bonito Ave, Key Largo, FL 33037

4beds

3,077sqft

Single Family Residence

Built in 2003

0.55 Acres Lot

$1,686,000 Zestimate^®

$520/sqft

$6,334 Estimated rent

Home value

$1,686,000

$1.55M - $1.84M

$6,334/mo

Zestimate^® history

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$6,334/mo

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$6,334/mo

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$9,559/mo

Est. payment

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$9,559/mo

Est. payment

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What's special

First ever offering of this impressive estate sprawling over 4.5 lots and located in an X flood zone. If you're looking for space and a whole lot of breathing room, this home has what you're looking for. Well-designed and meticulously maintained ranch style home with 4 bedrooms/3.5 bathrooms plus an office. Corner lot with side gate entrance leading up the driveway to an expansive 3 bay garage. French doors off the living room and master bedroom open to the back screened-in patio with heated pool and hot tub. Venture out to the East side of the property and find a separate gate with concrete pad for RV parking with 30 amp hookup. It's not everyday that a property of this magnitude comes to the market, so come experience it for yourself and be blown away.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Cooling

Central Air

Appliances

Included: Washer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer

Features

Pantry, Whirlpool Bath Tub, Walk-In Closet(s)
Doors: French Doors, Glass Doors
Windows: Window Treatments, Aluminum Frames, Accordion

Interior area

Total interior livable area: 3,077 sqft

Property

Parking

Parking features: Garage, RV Parking Open, Attached
Has attached garage: Yes
Has uncovered spaces: Yes

Features

Levels: Ground Level
Exterior features: Storage
Has private pool: Yes
Pool features: Heated, In Ground, Screen Enclosure
Has spa: Yes
Spa features: Private
Fencing: Fenced
Water view: None
Waterfront features: None, Dockage: None

Lot

Size: 0.55 Acres
Features: 1/2 - Less Than 1 AC

Details

Additional structures: Shed(s)
Parcel number: 00552150000000
Zoning: SF
Zoning description: Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

CBS
Roof: Metal

Condition

Year built: 2003

Utilities & green energy

Sewer: Municipal Sewer, Public Sewer
Utilities for property: FKAA

Community & neighborhood

Location

Region: Key Largo
Subdivision: Anglers Park (103.0)

HOA & financial

HOA

Has HOA: No
Services included: None

Price history

Date	Event	Price
8/17/2023	Sold	$1,599,000-5.9%$520/sqft
Source: FLKMLS #605508 Report a problem
8/15/2023	Pending sale	$1,699,000$552/sqft
Source: FLKMLS #605508 Report a problem
7/12/2023	Contingent	$1,699,000$552/sqft
Source: FLKMLS #605508 Report a problem
5/31/2023	Listed for sale	$1,699,000$552/sqft
Source: FLKMLS #605508 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,324 -4%	$1,342,742 -6.2%
2024	$11,793 +128.6%	$1,431,262 +139.9%
2023	$5,159 +6%	$596,600 +3%
2022	$4,868 -1.8%	$579,224 +3%
2021	$4,959 +0.6%	$562,354 +1.4%
2020	$4,928	$554,590 +2.3%
2019	$4,928 +1.9%	$542,122 +1.9%
2018	$4,835 +0%	$532,014 +2.1%
2017	$4,833 +2.1%	$521,072 +2.1%
2016	$4,733 -1.3%	$510,355 +0.7%
2015	$4,797	$506,807