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For sale
    • Price cut: $25K (6/30)
    $625,000

    28 Tarpon Ave, Key Largo, FL 33037

    2beds
    1,080sqft
    : 
    $3,751/mo
    Get pre-qualified
    Single Family Residence
    Built in 1949
    0.36 Acres Lot
    $591,200 Zestimate®
    $579/sqft
    $21/mo HOA

    What's special

    Recently renovatedBoat rampSerene cove
    Great investment property. This charming Keys cottage situated on 3 spacious lots, offers an incredible potential for investors to build their dream home. Located just a few blocks from Key Largo School and within minutes of local amenities, this property is ideally positioned for both convenience and seclusion. This property boasts a private waterfront homeowners' park complete with a boat ramp, a serene cove, and 72-hour dockage—perfect for boating enthusiasts. Although recently renovated this home is a tear down. Use it as is until you rebuild . The property has been brought to full compliance and offers excellent investment potential. Once the lots are no longer combined for tax purposes, you could build up to three homes on the property, making this an outstanding opportunity for development. Whether you're looking for a family retreat or an investment with future growth potential, this property is the perfect canvas. Just two minutes from the iconic Key Largo Stretch and an easy hour's drive to Miami, this is an unbeatable opportunity to own a piece of paradise with endless possibilities.
    395 days
    |
    443
    |
    23
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Pedro 'Pete' Riveiro, PA 305-619-0257,

    The Firm Realty Group

    Source: FLKMLS,MLS#: 615785MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Has Heating (Unspecified Type)
      Appliances
      • Included: None
      Features
      • Flooring: Tile, Combination
      Interior area
      • Total structure area: 1,080
      • Total interior livable area: 1,080 sqft

      Property

      Features
      • Levels: Ground Level
      Lot
      • Size: 0.36 Acres
      Details
      • Parcel number: 00510350000000
      • Zoning: IS - Improved Subivision District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Concrete, Combo Construction
      Condition
      • Year built: 1949

      Community & HOA

      Community
      • Features: Community Dockage, Beach, Other
      • Security: No Security
      • Subdivision: Riviera Village, Rec Amd (104.0)
      HOA
      • Has HOA: No
      • Services included: None, Other
      • HOA fee: $250 annually
      Location
      • Region: Key Largo

      Financial & listing details

      • Price per square foot: $579/sqft
      • Tax assessed value: $577,929
      • Annual tax amount: $4,985
      • Date on market: 9/4/2025
      • Listing terms: Cash,Conventional

        Estimated market value

        $591,200

        $562,000 - $621,000

        $4,280/mo

        Price history

        DateEventPrice
        6/30/2026Price change$625,000-3.8%$579/sqft
        Source: FLKMLS #615785 Report a problem
        5/26/2026Price change$650,000-5.1%$602/sqft
        Source: Key West AOR #615785 Report a problem
        9/4/2025Listed for sale$685,000$634/sqft
        Source: Key West AOR #615785 Report a problem
        8/25/2025Contingent$685,000$634/sqft
        Source: Key West AOR #615785 Report a problem
        7/14/2025Listed for sale$685,000-0.6%$634/sqft
        Source: Key West AOR #615785 Report a problem
        7/9/2025Listing removed$689,000$638/sqft
        Source: FLKMLS #612866 Report a problem
        6/16/2025Price change$689,000-0.1%$638/sqft
        Source: Key West AOR #612866 Report a problem
        5/17/2025Price change$690,000-1.3%$639/sqft
        Source: FLKMLS #612866 Report a problem
        2/26/2025Price change$699,000-5.4%$647/sqft
        Source: Key West AOR #612866 Report a problem
        1/29/2025Price change$739,000-5.1%$684/sqft
        Source: Key West AOR #612866 Report a problem
        12/27/2024Listed for sale$779,000+20.8%$721/sqft
        Source: FLKMLS #612866 Report a problem
        9/5/2023Sold$645,000-4.4%$597/sqft
        Source: FLKMLS #605311 Report a problem
        8/4/2023Pending sale$675,000$625/sqft
        Source: FLKMLS #605311 Report a problem
        7/28/2023Price change$675,000-3.4%$625/sqft
        Source: FLKMLS #605311 Report a problem
        7/1/2023Price change$699,000-6.7%$647/sqft
        Source: FLKMLS #605311 Report a problem
        6/10/2023Price change$749,000-6.3%$694/sqft
        Source: FLKMLS #605311 Report a problem
        5/16/2023Price change$799,000+11.7%$740/sqft
        Source: FLKMLS #605311 Report a problem
        3/24/2023Listed for sale$715,000+64.4%$662/sqft
        Source: Owner Report a problem
        5/20/2020Sold$435,000-11.2%$403/sqft
        Source: FLKMLS #589124 Report a problem
        4/7/2020Price change$490,000+28.9%$454/sqft
        Source: Coldwell Banker Schmitt Real Estate Co. #589124 Report a problem
        1/31/2020Price change$380,000-22.4%$352/sqft
        Source: Coldwell Banker Schmitt Real Estate Co. #589124 Report a problem
        1/13/2020Listed for sale$490,000+88.5%$454/sqft
        Source: Coldwell Banker Schmitt Islamorada #589124 Report a problem
        8/5/2015Sold$260,000-5.5%$241/sqft
        Source: Public Record Report a problem
        5/23/2015Price change$275,000-4.8%$255/sqft
        Source: RE/MAX Keys Properties #567364 Report a problem
        5/1/2015Listed for sale$289,000+75.2%$268/sqft
        Source: RE/MAX Keys Properties #567364 Report a problem
        4/26/2012Sold$165,000+74.6%$153/sqft
        Source: Public Record Report a problem
        4/6/2000Sold$94,500-14.1%$88/sqft
        Source: Public Record Report a problem
        5/7/1996Sold$110,000$102/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,319 +6.7%$577,929 +4.9%
        2024$4,986 +15.6%$550,857 +26.9%
        2023$4,315 +7.6%$434,150 +10%
        2022$4,011 +17.1%$394,682 +10%
        2021$3,426 +35.6%$358,802 +25.3%
        2020$2,528 $286,456 +14.2%
        2019$2,528 +13%$250,828 -8.6%
        2018$2,236 -9.2%$274,464 +1%
        2017$2,463 +1.3%$271,747 +17.9%
        2016$2,431 -2.5%$230,474 +15.3%
        2015$2,494 $199,905
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: 33037

        Getting around

        16 / 100
        Car-Dependent
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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