48 Waterways Dr
Key Largo, FL 33037
2 bd 2 ba 1,008 sqft Built 1987 Lot 6,000 sqft single_family
Most recent sale
$1,175,000
Jun 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 5, 2024 | Listing removed | $795,000 | FloridaKeys |
| Jun 28, 2022 | Sold | $1,175,000 | MLS #600864 |
| May 4, 2022 | Listed | $1,395,000 | MLS #600864 |
| Jul 22, 2020 | Listing removed | $795,000 | Marathon |
| Jan 26, 2005 | Sold | $749,000 | Public Record |
| Jan 7, 2005 | Listing removed | $785,000 | FloridaKeys |
| Nov 20, 2004 | Listed | $785,000 | MLS #524768 |
| Oct 31, 2004 | Listing removed | $795,000 | Marathon |
| Jul 17, 2004 | Listed | $795,000 | MLS #522911 |
| Sep 26, 1997 | Sold | $226,200 | Public Record |
| Oct 27, 1994 | Sold | $185,000 | Public Record |
| May 16, 1988 | Sold | $128,000 | Public Record |
| Dec 1, 1985 | Sold | $30,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $364,073 | $663,480 | $1,027,553 | $8,511 |
| 2023 | $356,313 | $649,800 | $1,006,113 | $8,704 |
| 2022 | — | — | $553,557 | $5,684 |
| 2021 | — | — | $503,234 | $4,784 |
| 2020 | $202,695 | $254,790 | $457,485 | $4,428 |
| 2019 | — | — | $416,315 | $4,324 |
| 2018 | $208,638 | $169,830 | $378,468 | $3,853 |
| 2017 | $189,933 | $169,830 | $359,763 | $3,689 |
| 2016 | $173,285 | $172,156 | $345,441 | $3,684 |
| 2015 | — | — | $326,088 | $3,667 |
| 2014 | — | — | $296,444 | $3,554 |
| 2013 | — | — | $269,495 | $3,242 |
| 2012 | — | — | $289,920 | $3,423 |
| 2011 | — | — | $350,070 | $4,024 |
| 2010 | — | — | $356,045 | $4,233 |
| 2009 | — | — | $402,315 | $4,350 |
| 2008 | — | — | $563,150 | $5,004 |
| 2007 | — | — | $629,166 | $5,287 |
Property facts
Year built
1987
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,008 sqft
Lot size
6,000 sqft
ZIP code
33037
City
Key Largo
Street
Waterways Dr
Coordinates
25.10814, -80.43035
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$7,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 48 Waterways Dr last sell?
48 Waterways Dr most recently sold on Jun 28, 2022 for $1,175,000.
What is the current tax assessment for 48 Waterways Dr?
The most recent total assessment for 48 Waterways Dr (year 2025) is $1,027,553 with $8,511 in property tax.
How does 48 Waterways Dr's assessment compare to its last sale price?
The current assessment is 12.5% below the last sale price of $1,175,000.
When was 48 Waterways Dr built?
48 Waterways Dr was built in 1987.
How does 48 Waterways Dr compare to others on Waterways Dr?
We track 8 other properties on Waterways Dr. Browse the list under "Other properties on Waterways Dr" to compare beds, baths, and sale history.
What are the property facts for 48 Waterways Dr?
48 Waterways Dr is a 2 bed, 2 bath, 1,008 sqft, 6,000 sqft lot single_family.
Is 48 Waterways Dr a flip candidate?
No — 48 Waterways Dr does not appear in our flips dataset.
Is 48 Waterways Dr a tax-appeal candidate?
No — 48 Waterways Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$1.47M
2026 Q4
$1.45M
ZIP 33037 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Waterways Dr