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.
For sale
$819,500
22968 Drake Ln, Cudjoe Key, FL 33042
3beds
960sqft
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
- 43 days
- 1,223
- 84
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#: 621169
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
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $819,500+30.1%$854/sqft |
Source: | ||
| 8/1/2023 | Sold | $630,000-11.4%$656/sqft |
Source: Public Record Report a problem | ||
| 2/17/2023 | Sold | $711,000-5.1%$741/sqft |
Source: | ||
| 1/10/2023 | Pending sale | $749,000$780/sqft |
Source: | ||
| 12/16/2022 | Contingent | $749,000$780/sqft |
Source: | ||
| 11/29/2022 | Price change | $749,000-6.3%$780/sqft |
Source: | ||
| 11/25/2022 | Listed for sale | $799,000+201.5%$832/sqft |
Source: | ||
| 10/31/2001 | Sold | $265,000+71%$276/sqft |
Source: | ||
| 5/6/1998 | Sold | $155,000+6.9%$161/sqft |
Source: Public Record Report a problem | ||
| 8/7/1996 | Sold | $145,000$151/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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






