ACRE OF LAND FOR REDEVELOPMENT. Perfect for a developer or family compound. This portfolio consists of 6 lots, combining for nearly an acre (43,369 SF), including a 1948 concrete Keys cottage. Priced with the home and the adjacent lots, this property offers ocean views from the yard. The buyer is responsible for completing any necessary review processes and confirming all information regarding land use, permitting, exemptions, and development. Additional information to be verified by the buyer: The property is zoned in the IMPROVED SUDIVISION (IS) ZONING District with an allocated density of one dwelling unit per platted lot, and multiple lots may not require ROGO Exemption. Parts of some lots may be located in Hammock and Species Focus Protected Areas that require additional reviews.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$14K
Per Month
Principal & Interest
$13.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,461
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Ocean Studies Charter
92295 Old Hwy
Distance between this listing and this school2.33 miles
Public Charter Grades KG-5
4
/10
Miami Community Charter School
101 S Redland Rd
Distance between this listing and this school27.96 miles
Public Charter Grades KG-5
5
/10
Florida City Elementary School
364 NW 6th Ave
Distance between this listing and this school28.35 miles
Public District Grades PK-5
Nearby Schools
7
/10
Plantation Key School
100 Lake Rd
Distance between this listing and this school4.58 miles
Public District Grades PK-8
8
/10
Treasure Village Montessori Charter School
86731 Overseas Hwy
Distance between this listing and this school7.65 miles
Public Charter Grades PK-8
4
/10
Key Largo School
104801 Overseas Hwy
Distance between this listing and this school10.06 miles
Public District Grades PK-8
Nearby Schools
5
/10
Coral Shores High School
89901 Old Hwy
Distance between this listing and this school4.33 miles
Public District Grades 9-12
2
/10
Miami Community Charter High School
18720 SW 352nd St
Distance between this listing and this school27.52 miles
Public Charter Grades 9-12
5
/10
Homestead Senior High School
2351 SE 12th Ave
Distance between this listing and this school28.25 miles
The neighbors living near this home have an average income of $30,893. Typical income of Key Largo, FL residents is less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 306 Lime St
What is the listing price of this property?
The listing price of 306 Lime St property is $2,800,000.
What type of property is this?
The property 306 Lime St is land located in Key Largo, Florida, 33037.
Is this property for sale now?
Active Listing: 306 Lime St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,079 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 306 Lime St in Key Largo, FL and zip code 33037. This home sits on a 0.99 acre lot. It has been listed on Rocket Homes since June 03, 2024 and is currently priced at $2,800,000.
Key Largo, FL housing market in November 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 4 sold below. The number of homes for sale in Key Largo, FL increased by 4.8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $850,000, while the average time on the real estate market was 130 days.
From Rocket Homes Real Estate and based on county public records data.