Looking to create the waterfront paradise of your dreams--look no further than this double lot property where your imagination is the only limit, offering 13,000 sq.ft., providing you the ability to add an accessory structure in addition to the main house, as well as dockage for all your water toys. Imagine your dream pool, swim up bar or tiki bar, and guest house on this blank canvas--your dreams can truly become a reality! This location provides direct access to the Florida Bay and convenient Ocean access via Adams Waterway. A bonus for the Twin Lakes neighborhood is the community boat ramp available to the residents. No HOA. The 2-bedroom, 2 bathroom home is a true gem, constructed in 1997 and is concrete fortress with a concrete roof waiting for your signature touches!
Sold for $950,000
$950,000
1506 Shaw Dr, Key Largo, FL 33037
2beds
1,248sqft
Single Family Residence
Built in 1997
0.29 Acres Lot
$1,177,500 Zestimate®
$761/sqft
$3,563 Estimated rent
Home value
$1,177,500
$1.08M - $1.28M
$3,563/mo
Zestimate® history
Owner options
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$3,563/mo
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$3,563/mo
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$5,700/mo
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$5,700/mo
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Tiki barSwim up barDouble lot propertyBlank canvas--your
Zillow last checked:
Listing updated:
Listed by:
Eric M. Rizzo 305-394-3062,
Ocean Sotheby's International Realty,
Taylor Globus,
Ocean Sotheby's International Realty
Bought with:
Terry Canto,Top Producer, 626852
American Caribbean Real Estate, Christie's International Real Estate
Source: FLKMLS,MLS#: 607191
Originating MLS: Florida Keys
Originating MLS: Florida KeysFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Oven, Refrigerator, Dryer
- Laundry: Laundry Room
Features
- Utility Room
- Flooring: Tile
- Doors: Sliding Glass Doors
- Windows: Single Hung Windows, Aluminum Frames, Panel
Interior area
- Total interior livable area: 1,248 sqft
Property
Parking
- Parking features: Carport, Off Street
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open Porch/Balcony, Patio
- Exterior features: Storage
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal,None
- Waterfront features: Canal Front, Waterfront, Dockage: None
Lot
- Size: 0.29 Acres
- Features: More than 1 Lot
Details
- Additional parcels included: 00551000004101
- Parcel number: 00551000004100
- Zoning: IS
- Zoning description: Improved Subivision District
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
- Roof: Concrete
Condition
- Fixer
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Buyer to Verify
Community & neighborhood
Community
- Community features: Community Boat Ramp
Location
- Region: Key Largo
- Subdivision: Twin Lakes (103.0)
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing terms: Cash,FHA,VA Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2024 | Sold | $950,000-20.8%$761/sqft |
Source:  FLKMLS #607191 Report a problem | ||
| 3/23/2024 | Contingent | $1,200,000$962/sqft |
Source:  Key West AOR #607191 Report a problem | ||
| 2/26/2024 | Price change | $1,200,000-17.2%$962/sqft |
Source: Key West AOR #607191 Report a problem | ||
| 1/8/2024 | Price change | $1,450,000-9.4%$1,162/sqft |
Source: Key West AOR #607191 Report a problem | ||
| 10/27/2023 | Listed for sale | $1,600,000$1,282/sqft |
Source: Key West AOR #607191 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,162 +141.6% | $1,299,459 +165.9% |
| 2024 | $5,448 +13.2% | $488,772 +10% |
| 2023 | $4,811 +20.9% | $444,338 +10% |
| 2022 | $3,980 +17.3% | $403,944 +10% |
| 2021 | $3,393 -1% | $367,222 -0.7% |
| 2020 | $3,428 | $369,835 -2.1% |
| 2019 | $3,428 -1.1% | $377,621 -0.7% |
| 2018 | $3,466 +3.1% | $380,383 -0.7% |
| 2017 | $3,362 +4.9% | $382,997 +11.2% |
| 2016 | $3,206 +5.7% | $344,286 +5.1% |
| 2015 | $3,032 | $327,558 |
Find assessor info on the county website
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 2.1 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 12.5 mi
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Estimated market value
$1,177,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,177,500
- Florida
- Monroe County
- Key Largo
- 33037
- 1506 Shaw Dr
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