Exceptional 4.35-acre development opportunity in Key Largo comprised of two contiguous parcels to be sold together. The assemblage includes approximately 3.76 acres fronting Kay Drive and offers mixed RV, SC, and SR zoning, creating a unique redevelopment opportunity. Existing Letter of Understanding and due diligence materials are available. Well suited for experienced developers pursuing mixed-use, commercial, or residential projects, subject to Monroe County approvals. Buyer to independently verify all zoning, Tier designations, ROGO requirements, permitted uses, and development potential.
Lot/land
$990,000
18 Kay Dr, Key Largo, FL 33037
--beds
0baths
3.76Acres
Unimproved Land
Built in ----
3.76 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two contiguous parcels
- 13 days |
- 177 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Maria Acosta 305-322-1973,
Keller Williams Capital Realty - Coral Gables
Source: FLKMLS,MLS#: 620854
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 3.76 Acres
- Features: Wooded, Hardwood
Details
- Additional parcels included: 00086750-000100
- Parcel number: 00086580000000
- Zoning: SR - Sub Urban Residential District
Community & HOA
Community
- Subdivision: Misc Sub MM 97-107 (98.0)
HOA
- Has HOA: No
Location
- Region: Key Largo
Financial & listing details
- Tax assessed value: $75,718
- Annual tax amount: $901
- Date on market: 8/3/2026
- Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$3,013/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Listed for sale | $990,000+330.4% |
Source: | ||
| 1/14/2013 | Sold | $230,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $902 +0.6% | $75,718 |
| 2024 | $896 -1.2% | $75,718 |
| 2023 | $908 +3.2% | $75,718 +3.9% |
| 2022 | $880 -1.3% | $72,866 +10% |
| 2021 | $892 +1.8% | $66,242 +10% |
| 2020 | $876 | $60,220 -20.5% |
| 2019 | $876 +2.1% | $75,718 +52.1% |
| 2018 | $858 +12.7% | $49,768 |
| 2017 | $762 -0.5% | $49,768 |
| 2016 | $766 -2.9% | $49,768 +6.5% |
| 2015 | $788 | $46,710 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 3.9 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 10.7 mi
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