305-609-4190
48 S Andros Rd, Key Largo FL 33037
Active Single Family Residence Waterfront

48 S Andros Rd, Key Largo FL 33037

Key Largo, FL, 33037

$3,100,000

Est. $15,675/mo (20% down)

4
Beds
4
Baths
3,024
Sq Ft
1969
Year Built
—
Lot Sq Ft
2
Garage

Photo Gallery (56 photos)

About This Property

Welcome to a stunning, fully remodeled coastal retreat in the highly sought-after Ocean Isle Estates. This exceptional 4-bedroom, 4-bathroom residence offers over 3,000 square feet of living space and showcases breathtaking open water views from multiple vantage points. Designed for both relaxation and entertaining, the home features two spacious master suites, a beautifully updated interior, and a separate lower-level 1-bedroom/1- bath suite complete with a recreation area—perfect for guests or extended family. Step outside to your private waterfront oasis, where a pool sits right at the water’s edge, complemented by a 17,000 lb boat lift—ideal for boating enthusiasts looking for direct ocean access. The property also boasts a rare two-car garage along with ample additional parking, a durable metal roof, and impact windows and doors for peace of mind. Situated on an 8,400 sq ft lot in one of Key Largo’s premier neighborhoods, this home combines modern upgrades with the laid- back luxury of the Florida Keys lifestyle.

Property Details

MLS #

A12103038

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

1969

Days on Market

1

Pool

No

Waterfront

Yes

Price / Sq Ft

$1,025

HOA Fee

None

Est. Insurance

$1,033/mo

Tax Year

2025

Tax Amount

$18,467

Garage

2 Car

Lot Size

—

MLS Area

Ocean Isle Estate

Subdivision

OCEAN ISLE ESTATE

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$21,700
Est. Monthly Rent
0.7%
Cap Rate
3.7%
Cash-on-Cash
$22,963
Net Operating Income

ROI Projections (4% Annual Appreciation)

127%
5-Year ROI
Value: $3,771,624
277%
10-Year ROI
Value: $4,588,757
456%
15-Year ROI
Value: $5,582,925

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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