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1516 Royal Palm Dr

Key Largo, FL 33037

3 bd 3 ba 1,680 sqft Built 2022 Lot 3,250 sqft single_family
Most recent sale
$665,000
Feb 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 17, 2022 Sold $665,000 MLS #599168
Jan 13, 2022 Listed $652,500 MLS #599168
May 30, 2019 Sold $50,000 Public Record
Apr 24, 2019 Sold $50,000 MLS #584854
Mar 22, 2019 Listed $49,000 MLS #584854

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $43,875 $43,875 $632
2020 $43,875 $43,875 $642
2019 $2,222 $404
2018 $2,021 $398
2017 $27,203 $27,203 $402
2016 $27,223 $27,223 $412
2015 $1,519 $402
2014 $1,381 $389
2013 $1,256 $401
2012 $1,142 $362
2011 $1,142 $390
2010 $1,300 $399
2009 $7,800 $450
2008 $27,300 $565
2007 $45,500 $696

Property facts

Year built
2022
Property type
single_family
Stories
3
Beds
3
Baths
3
Living area
1,680 sqft
Lot size
3,250 sqft
ZIP code
33037
City
Key Largo
Street
Royal Palm Dr
Coordinates
25.10399, -80.43473

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,108
Gross rental yield
5.61%
Implied cap rate
3.65%
Trend-extrapolated value

Frequently asked questions

When did 1516 Royal Palm Dr last sell?
1516 Royal Palm Dr most recently sold on Feb 17, 2022 for $665,000.
What is the current tax assessment for 1516 Royal Palm Dr?
The most recent total assessment for 1516 Royal Palm Dr (year 2021) is $43,875 with $632 in property tax.
How does 1516 Royal Palm Dr's assessment compare to its last sale price?
The current assessment is 93.4% below the last sale price of $665,000.
When was 1516 Royal Palm Dr built?
1516 Royal Palm Dr was built in 2022.
How does 1516 Royal Palm Dr compare to others on Royal Palm Dr?
We track 2 other properties on Royal Palm Dr. Browse the list under "Other properties on Royal Palm Dr" to compare beds, baths, and sale history.
What are the property facts for 1516 Royal Palm Dr?
1516 Royal Palm Dr is a 3 bed, 3 bath, 1,680 sqft, 3,250 sqft lot single_family.
Is 1516 Royal Palm Dr a flip candidate?
No — 1516 Royal Palm Dr does not appear in our flips dataset.
Is 1516 Royal Palm Dr a tax-appeal candidate?
No — 1516 Royal Palm Dr 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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