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Sold for $775,000
  • $775,000

    22988 Port Royal Ln, Summerland Key, FL 33042

    3beds
    1,122sqft
    Single Family Residence
    Built in 1998
    6,534 Square Feet Lot
    $774,800 Zestimate®
    $691/sqft
    $4,301 Estimated rent

    Home value

    $774,800

    $674,000 - $891,000

    $4,301/mo

    Zestimate® history
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    $4,638/mo

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    What's special

    West-facing canalCanal frontGranite countertopsSpacious lotFrench doorsVivid sunset viewsScreened patio
    With unbeatable access to oceanside fishing, diving, and lobstering, this canal front home delivers the kind of location boaters rarely find. The west-facing canal sets the stage for vivid sunset views, while the spacious lot offers room for extra parking, trailered boats, or an RV. Inside, the home features three bedrooms, two bathrooms, granite countertops, stainless steel appliances, and French doors that open to a screened patio overlooking the water. A lower-level enclosed storage area provides secure space for gear and equipment. The home is situated in a quiet neighborhood known for its sense of community and its prime location--convenient to both Old Town Key West and Marathon, as well as nearby restaurants that have earned local loyalty. Whether you're heading out on the water or enjoying the view from home, this property puts you in the right place to make the most of it. Schedule your showing today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Walter A Ceballos, P.A. 305-562-0819,

    Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key

    Bought with:

    Jimmy R Lane, 664783

    Island Life Realty Experts

    Source: FLKMLS,MLS#: 615359MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat Pump
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: More Appliances, Freezer, Microwave, Oven, Dishwasher, Dryer
    Features
    • Storage, Granite Counters, Pantry
    • Flooring: Tile
    • Doors: French Doors, Sliding Glass Doors
    • Windows: Drapes/Blinds Incl, Accordion
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,122 sqft

    Property

    Parking
    • Parking features: Off Street, Covered
    Features
    • Patio & porch: Screened P/B
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front, Waterfront, Seawall: Cut/Natural, Dock Length: 60
    Lot
    • Size: 6,534 sqft
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00182480000000
    • Zoning: IS
    • Zoning description: Improved Subivision District
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Metal
    Condition
    • Year built: 1998

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA, Buyer to Verify
    Green energy
    • Energy generation: Solar Power

    Community & neighborhood

    Location
    • Region: Summerland Key
    • Subdivision: Cutthroat Harbor Est (23.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing terms: No Seller Finance,FHA,VA Loan,Conventional,Cash

    Price history

    DateEventPrice
    10/1/2025Sold$775,000-6.1%$691/sqft
    Source: FLKMLS #615359 Report a problem
    9/12/2025Pending sale$825,000$735/sqft
    Source: FLKMLS #615359 Report a problem
    8/13/2025Contingent$825,000$735/sqft
    Source: FLKMLS #615359 Report a problem
    6/6/2025Listed for sale$825,000+50.3%$735/sqft
    Source: FLKMLS #615359 Report a problem
    2/11/2021Sold$549,000$489/sqft
    Source: FLKMLS #593694 Report a problem
    1/11/2021Contingent$549,000$489/sqft
    Source: FLKMLS #593694 Report a problem
    12/10/2020Listed for sale$549,000$489/sqft
    Source: Coldwell Banker Schmitt RE Co. Lower Keys Office #593694 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,837 +11.6%$688,504 +10%
    2024$6,126 +8.9%$625,913 +10%
    2023$5,625 +9.5%$569,146 +10%
    2022$5,139 +21.3%$517,405 +38.6%
    2021$4,236 +10.4%$373,261 +10%
    2020$3,838 $339,328 -0.6%
    2019$3,838 -0.8%$341,536 +4.8%
    2018$3,868 +3.9%$325,848 -0.6%
    2017$3,724 +5.7%$327,701 +20.3%
    2016$3,525 +8.2%$272,466 +1.3%
    2015$3,258 $268,993

    Find assessor info on the county website

    Neighborhood: 33042

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $774,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $774,800