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For sale
  • $819,500

    22968 Drake Ln, Cudjoe Key, FL 33042

    3beds
    960sqft
    : 
    $5,223/mo
    Get pre-qualified
    Single Family Residence
    Built in 1981
    7,405 Square Feet Lot
    $788,600 Zestimate®
    $854/sqft
    $-- HOA

    What's special

    Private boat liftGranite countertopsDirect canal accessCanal-front homePeek-a-boo open bay viewUpdated kitchenStainless steel appliances
    Welcome to 22968 Drake Lane -- a charming canal-front home located on the desirable Cudjoe Key, one of the Lower Keys' wonderful communities. Set on a generous 7,500 SF lot with direct canal access and a private boat lift, this property is a true dream for anglers, divers, and boaters looking to get out on the water in minutes. with quick access to the backcountry flats as well as the open water beyond. Inside, the approximately 1000SF living area feels bright and spacious thanks to high ceilings throughout the main living areas. The updated kitchen, featuring granite countertops and stainless steel appliances, perfect for entertaining or everyday island living. Glass sliders lead from the living area out to a large covered porch, where you'll enjoy a peek-a-boo open bay view -- an ideal spot for morning coffee, evening cocktails, or simply soaking in the classic Florida Keys lifestyle.Downstairs, an oversized garage which holds 2 cars and possibly more offers abundant space for vehicles, boats, kayaks, fishing gear, and all the toys that come with life on the water, plus additional storage to keep everything organized. Located on Cudjoe Key in the heart of the Lower Keys, this home offers a peaceful, laid-back setting while remaining just minutes from the vibrant restaurants, nightlife, and culture of Key West. Enjoy easy access to some of the best fishing, diving, and snorkeling grounds in the world, right from your own backyard.Whether you're searching for a full-time residence, a weekend retreat, or a smart investment in one of the most desirable stretches of the Florida Keys, this canal-front gem checks every box. Boat lift, water access, and some updated finishes at this price point are increasingly rare in the Lower Keys market -- schedule your private showing today before this one is gone! A Bonus, this one has the potential for a partial seller financing to the right Buyer and low insurances.
    43 days
    1,215
    83

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Stacey Nash Pillari 305-906-0144,

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Source: FLKMLS,MLS#: 621169MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • 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, Stainless Steel Appliance(s)
      Features
      • Smart Thermostat, Built-in Features, Granite Counters, Storage
      • Flooring: Vinyl, Carpet
      Interior area
      • Total structure area: 960
      • Total interior livable area: 960 sqft

      Property

      Parking
      • Parking features: RV Access/Parking, Storage
      • Has garage: Yes
      Features
      • Patio & porch: Open Porch/Balcony, Deck
      • Exterior features: Storage
      • On waterfront: Yes
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 7500sf
      Details
      • Parcel number: 00184170000000
      • Zoning: IS - Improved Subivision District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1981

      Utilities & green energy

      • Utilities for property: Water Separate Meter, Elect Separate Meter

      Community & HOA

      Community
      • Subdivision: Cutthroat Harbor Est (23.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Cudjoe Key

      Financial & listing details

      • Price per square foot: $854/sqft
      • Tax assessed value: $705,769
      • Annual tax amount: $6,920
      • Date on market: 9/1/2026
      • Listing terms: Seller Finance Psble,Cash,Conventional,FHA

        Estimated market value

        $788,600

        $749,000 - $828,000

        $5,527/mo

        Price history

        DateEventPrice
        9/1/2026Listed for sale$819,500+30.1%$854/sqft
        Source: FLKMLS #621169 Report a problem
        8/1/2023Sold$630,000-11.4%$656/sqft
        Source: Public Record Report a problem
        2/17/2023Sold$711,000-5.1%$741/sqft
        Source: FLKMLS #603205 Report a problem
        1/10/2023Pending sale$749,000$780/sqft
        Source: FLKMLS #603205 Report a problem
        12/16/2022Contingent$749,000$780/sqft
        Source: Key West AOR #603205 Report a problem
        11/29/2022Price change$749,000-6.3%$780/sqft
        Source: Key West AOR #603205 Report a problem
        11/25/2022Listed for sale$799,000+201.5%$832/sqft
        Source: Key West AOR #603205 Report a problem
        10/31/2001Sold$265,000+71%$276/sqft
        Source: FLKMLS #507114 Report a problem
        5/6/1998Sold$155,000+6.9%$161/sqft
        Source: Public Record Report a problem
        8/7/1996Sold$145,000$151/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,920 +12%$695,446 +10%
        2024$6,179 +0.6%$632,224 -0.6%
        2023$6,139 +84.5%$635,826 +83.9%
        2022$3,328 -2.1%$345,700 +3%
        2021$3,398 +0.6%$335,632 +1.4%
        2020$3,379 $330,999 +26.2%
        2019$3,379 +22.9%$262,280 -11.3%
        2018$2,750 -12%$295,847 -8.5%
        2017$3,126 -6.9%$323,277 +2.1%
        2016$3,359 -0.5%$316,628 +0.7%
        2015$3,376 $314,427
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33042

        Getting around

        13 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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