For sale

Price cut: $150K (6/14)

$1,800,000

1514 Shaw Dr, Key Largo, FL 33037

2beds

1,244sqft

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Single Family Residence

Built in 1984

0.67 Acres Lot

$1,703,600 Zestimate^®

$1,447/sqft

$-- HOA

What's special

Exterior elevatorPrivate dock with davitsTurning basinGarden pathsProfessionally landscaped perfection

Welcome to Paradise! this home sits on almost 3/4 of an acre along a direct access canal with 100 ft of waterfront, a turning basin and neighborhood only boat ramp with no HOA! Want to park your RV and Boat under your home, done! Want to build your own luxury oasis, here you go. Want to just enjoy easy access to open water and majestic Sunsets from your private observation deck, got that covered! Fully screened wrap around porches allow you to open up and let the East - West trade winds breeze right through the entire home. Professionally landscaped perfection from your private dock with davits, boathouse and garden paths to the exterior elevator and massive shop/storage area downstairs. Close to Adams Cut for easy oceanside access. 1 hour from Miami international airport yet in the otherworldly Florida Keys.

356 days

659

35

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air, Ceiling Fans(s)

Appliances

Included: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer

Features

Pantry, Storage
Flooring: Tile, Carpet
Windows: Accordion

Interior area

Total interior livable area: 1,244 sqft

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Property

Parking

Parking features: Carport, RV Parking Covered, Covered
Has carport: Yes

Features

Patio & porch: Screened P/B, Roof Top Deck
Exterior features: Storage, Sprinkler System
Has view: Yes
View description: Bay/Gulf View, Canal
Has water view: Yes
Water view: Bay/Gulf View,Canal
Waterfront features: Canal Front, Waterfront, Dock Length: 78, Dockage: Davits, Boat Ramp

Lot

Size: 0.67 Acres
Features: 1/2 - Less Than 1 AC

Details

Additional structures: Shed(s)
Parcel number: 00551000001700
Zoning: IS
Zoning description: Improved Subivision District

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Combo Construction
Roof: Metal

Condition

Year built: 1984

Utilities & green energy

Electric: Elect Separate Meter
Sewer: Municipal Sewer, Public Sewer
Utilities for property: FKAA, Buyer to Verify

Community & HOA

Community

Subdivision: Twin Lakes (103.0)

HOA

Has HOA: No
Services included: None

Location

Region: Key Largo

Financial & listing details

Price per square foot: $1,447/sqft
Tax assessed value: $2,139,309
Annual tax amount: $16,237
Date on market: 7/15/2025
Listing terms: Cash,Conventional

Estimated market value

$1,703,600

$1.62M - $1.79M

$3,988/mo

Price history

Date	Event	Price
6/14/2026	Price change	$1,800,000-7.7%$1,447/sqft
Source: FLKMLS #615805 Report a problem
1/25/2026	Price change	$1,950,000-7.1%$1,568/sqft
Source: BeachesMLS #RX-11107393 Report a problem
7/14/2025	Listed for sale	$2,100,000+27.3%$1,688/sqft
Source: BeachesMLS #RX-11107393 Report a problem
2/28/2022	Sold	$1,650,000-2.7%$1,326/sqft
Source: FLKMLS #599008 Report a problem
1/25/2022	Contingent	$1,695,000$1,363/sqft
Source: FLKMLS #599008 Report a problem
1/3/2022	Listed for sale	$1,695,000+133.8%$1,363/sqft
Source: FLKMLS #599008 Report a problem
9/10/2015	Sold	$725,000-9.3%$583/sqft
Source: FLKMLS #565939 Report a problem
11/29/2014	Listed for sale	$799,000+6.7%$642/sqft
Source: Coldwell Banker Schmitt Key Largo #565939 Report a problem
12/6/2013	Listing removed	$749,000$602/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #560861 Report a problem
9/12/2013	Price change	$749,000-6.3%$602/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #560861 Report a problem
4/12/2013	Listed for sale	$799,000+359.2%$642/sqft
Source: Coldwell Banker Schmitt Key Largo #560861 Report a problem
8/13/1997	Sold	$174,000+12.3%$140/sqft
Source: Public Record Report a problem
7/25/1995	Sold	$155,000$125/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$20,195 +24.4%	$2,139,309 +9.5%
2024	$16,237 +0.4%	$1,954,084 +0.5%
2023	$16,178 +148.7%	$1,943,990 +145.1%
2022	$6,505 -2.1%	$793,079 +3%
2021	$6,643 +0.6%	$769,980 +1.4%
2020	$6,602	$759,508 +1.4%
2019	$6,602 +1.2%	$748,702 +1.9%
2018	$6,526 0%	$734,742 +0.5%
2017	$6,527 +0.7%	$730,783 +18.6%
2016	$6,483 +7%	$616,269 +49.3%
2015	$6,059	$412,822

Find assessor info on the county website

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