Pending

$590,000

22920 Privateer Drive, Cudjoe Key, FL 33042

3beds

1,560sqft

$3,565/mo

Get pre-qualified

Single Family Residence

Built in 1980

6,000 Square Feet Lot

$-- Zestimate^®

$378/sqft

$-- HOA

What's special

Waterfront opportunityBreathtaking panoramic viewsSolid foundation

Following a monumental $200,000 price drop, this rare waterfront opportunity is available at an unbeatable price point. Launch your boat from your backyard for world-class access to the Atlantic Ocean and Gulf of Mexico. Unlock instant equity with virtual additions in the photos and below-market pricing; there is significant room to secure this property way below market value after completing updates similar to those shown. An update list with estimated pricing is provided upon request. This diamond in the rough is priced for a quick sale, allowing you to build custom equity from day one. With a solid foundation & breathtaking panoramic views, it's the ultimate project for a savvy investor to turn this house into the crown jewel of the shoreline! At this reduced price, it won't last.

121 days
266
6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Cooktop, Dryer, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
Laundry: In Unit

Features

Kitchen Island, Living/Dining Room, Upper Level Primary
Flooring: Carpet, Concrete, Other, Tile, Wood
Windows: Other
Has fireplace: No

Interior area

Total structure area: 3,392
Total interior livable area: 1,560 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 4
Parking features: Attached Carport, Attached, Carport, Driveway
Carport spaces: 1
Uncovered spaces: 2
Details: CarportSpaces:1.00

Accessibility

Accessibility features: None

Features

Levels: Three Or More,Two
Stories: 2
Entry location: Front
Patio & porch: Deck, Open, Patio, Porch, Balcony
Exterior features: Balcony, Outdoor Living Area, Other
Fencing: Other
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Other, Seawall

Lot

Size: 6,000 Square Feet
Features: None, < 1/4 Acre

Details

Parcel number: 00180830000000
Zoning: is
Special conditions: Standard
Other equipment: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Aluminum Siding
Foundation: Pillar/Post/Pier, Raised
Roof: Metal

Condition

Resale
New construction: No
Year built: 1980

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Security: None
Subdivision: CUTTHROAT HARBOR ESTS

HOA

Has HOA: No

Location

Region: Cudjoe Key

Financial & listing details

Price per square foot: $378/sqft
Tax assessed value: $375,671
Annual tax amount: $3,461
Date on market: 4/30/2026
Cumulative days on market: 153 days
Listing terms: Cash

Estimated market value

Not available

Estimated sales range

Not available

$5,661/mo

Price history

Date	Event	Price
7/27/2026	Pending sale	$590,000$378/sqft
Source: BeachesMLS #B26007553 Report a problem
5/13/2026	Listed for sale	$590,000-30.5%$378/sqft
Source: BeachesMLS #B26007553 Report a problem
3/17/2026	Listing removed	$849,000$544/sqft
Source: Key West AOR #614188 Report a problem
3/15/2025	Listed for sale	$849,000+335.4%$544/sqft
Source: Key West AOR #614188 Report a problem
9/15/2000	Sold	$195,000+34.5%$125/sqft
Source: Public Record Report a problem
2/26/1998	Sold	$145,000$93/sqft
Source: FLKMLS #408126 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,461 +5.7%	$375,671 +2.9%
2024	$3,275 +5.5%	$365,084 +3%
2023	$3,106 +3%	$354,451 +3%
2022	$3,016 -2.3%	$344,128 +3%
2021	$3,086 +0.6%	$334,105 +1.4%
2020	$3,067	$329,493 +2.3%
2019	$3,067 +2.1%	$322,086 +1.9%
2018	$3,005 -0.4%	$316,081 +2.1%
2017	$3,016 +3.1%	$309,580 +2.1%
2016	$2,926 -0.6%	$303,213 +0.7%
2015	$2,943	$301,105