For sale

Price cut: $150K (6/14)

$1,800,000

1514 Shaw Dr, Key Largo, FL 33037

2beds

1,244sqft

$10,404/mo

Get pre-qualified

Single Family Residence

Built in 1984

0.67 Acres Lot

$1,654,400 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.

401 days

453

23

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Has Heating (Unspecified Type)

Cooling

Central Air, Ceiling Fans(s)

Appliances

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

Features

Storage
Flooring: Tile, Carpet

Interior area

Total structure area: 1,244
Total interior livable area: 1,244 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: RV Carport
Has carport: Yes

Features

Patio & porch: Roof Top Deck
Exterior features: Storage
On waterfront: Yes

Lot

Size: 0.67 Acres

Details

Additional structures: Shed(s)
Parcel number: 00551000001700
Zoning: IS - Improved Subivision District
Other equipment: Irrigation Equipment

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Combo Construction

Condition

Year built: 1984

Utilities & green energy

Utilities for property: Elect Separate Meter

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

$1,654,400

$1.57M - $1.74M

$3,856/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