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1118 Heron Rd

Key Largo, FL 33037

3 bd 2 ba 1,955 sqft Built 1975 Lot 4,367 sqft single_family
Most recent sale
$1,825,000
Aug 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 4, 2024 Listing removed $1,099,000 FloridaKeys
Aug 3, 2022 Sold $1,825,000 MLS #A11179043
Apr 27, 2022 Price changed $1,990,000 MLS #A11179043
Mar 23, 2022 Listed $2,200,000 MLS #A11179043
Sep 30, 2020 Listing removed $1,099,000 Marathon
Jan 1, 2007 Listing removed $1,099,000 Marathon
Mar 5, 2005 Listed $1,099,000 MLS #526981
Jul 9, 2004 Sold $750,000 Public Record
Oct 20, 1998 Sold $235,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $485,316 $1,213,776 $1,699,092 $14,544
2023 $408,356 $1,167,812 $1,576,168 $13,281
2022 $681,130 $6,896
2021 $619,209 $5,829
2020 $256,494 $306,423 $562,917 $5,345
2019 $259,745 $280,888 $540,633 $5,173
2018 $236,511 $280,888 $517,399 $5,069
2017 $239,762 $280,888 $520,650 $5,087
2016 $200,407 $281,525 $481,932 $4,921
2015 $440,422 $4,920
2014 $400,384 $4,595
2013 $363,986 $4,181
2012 $366,679 $4,194
2011 $344,382 $4,044
2010 $418,750 $4,915
2009 $529,237 $5,548
2008 $703,191 $5,734
2007 $708,017 $5,505

Property facts

Year built
1975
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,955 sqft
Lot size
4,367 sqft
ZIP code
33037
City
Key Largo
Street
Heron Rd
Coordinates
25.04918, -80.48432

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$10,950
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1118 Heron Rd last sell?
1118 Heron Rd most recently sold on Aug 3, 2022 for $1,825,000.
What is the current tax assessment for 1118 Heron Rd?
The most recent total assessment for 1118 Heron Rd (year 2025) is $1,699,092 with $14,544 in property tax.
How does 1118 Heron Rd's assessment compare to its last sale price?
The current assessment is 6.9% below the last sale price of $1,825,000.
When was 1118 Heron Rd built?
1118 Heron Rd was built in 1975.
How does 1118 Heron Rd compare to others on Heron Rd?
We track 8 other properties on Heron Rd. Browse the list under "Other properties on Heron Rd" to compare beds, baths, and sale history.
What are the property facts for 1118 Heron Rd?
1118 Heron Rd is a 3 bed, 2 bath, 1,955 sqft, 4,367 sqft lot single_family.
Is 1118 Heron Rd a flip candidate?
No — 1118 Heron Rd does not appear in our flips dataset.
Is 1118 Heron Rd a tax-appeal candidate?
No — 1118 Heron Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$1.47M
2026 Q4
$1.45M
ZIP 33037 — Median Price History + Forecast

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