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$7,999,500

Beds
3
Baths
2.5
sq ft
5,420

60 Ocean Front Dr, Key Largo, FL 33037

60 Ocean Front Dr

Key Largo, FL 33037

  • 130 days on market
    • Price drop $500↓
Welcome to The Oasis, a sanctuary of elegance nestled in the heart of Key Largo, Florida. Gracefully situated along the azure waters of the Atlantic Ocean, this exquisite villa epitomizes modern sophistication and timeless charm. Spanning an expansive 46,300 sqft of prime real estate with over 86 feet of ocean frontage, it offers breathtaking, uninterrupted ocean views The 75-foot infinity-edge pool, private beach with boat access provides an extraordinary resort-style experience. Imagine swimming in your private section of the Atlantic Ocean. This home is a testament to natural beauty and refined design, presenting a unique investment opportunity. Buyer’s agent welcome to show the house! Architectural plans are available for adding an additional 4 bedrooms, 2 bathrooms, and 150’ dock.

Details

Property type

Single Family Residence

Est. home value

$3,249,466

Lot size

1.06 acres

Price per sq ft

$1,476

Year built

2007

Annual property taxes

$23,000

Price History

10/11/2024
SEF

SEF #A11604193

Removed
$7,999,500
09/30/2024
SEF

SEF #A11604193

Listed
$7,999,500
09/30/2024
SEF

SEF #A11604193

Price change
$7,999,500
+0.01%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$4,898,792
Asking price
$7,999,500
Closing costs (~8% of asking)
-$639,960
Est. remaining loan balance
-$2,460,748
Cash to seller
$4,898,792

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

May 2023

Original loan amount

$2,500,000

Est. remaining balance

$2,460,748

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Oceanshore Group Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

SEF
$7,350,000
4 bd
|
4 ba
|
3,778 sq ft
|
House

30 Ocean Front Dr, Key Largo, FL 33037

Status: Active

Tomo last checked: 10/18/2024 at 4:30 AM

Listing updated: 10/15/2024 at 8:45 AM

Listed by: Anita Funtek, Vera Realty LLC Phone #: (305) 833-3303

MLS: SEF #A11604193

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