Discover a rare opportunity in the highly sought-after bayside community of Stillwright Point in Key Largo. This canal-front property offers 60 feet of dockage with immediate access to Blackwater Sound and convenient ocean access via Adams Cut--an ideal setting for avid boaters and water enthusiasts.Built like a fortress, the home features solid concrete construction with a durable concrete roof. The upper-level features 2 bedrooms and 1 bathroom across 1,080 square feet, with an open concept layout that flows seamlessly onto a spacious wraparound porch perfect for enjoying island breezes and tranquil waterfront views. The downstairs level (permitted as lower level finished) offers an additional 904 square feet with 1 bedroom and 1 bathroom, offering flexible space ideal for guests, extended family, or flexible living arrangements.Positioned as one of the most competitively priced waterfront homes in the Upper Keys, this property presents a compelling opportunity to create a personalized coastal retreat or capitalize on its investment potential. With solid bones and prime location, this diamond in the rough is ready for your vision and finishing touches. Don't miss the chance to unlock the full potential of this waterfront property in one of Key Largo's most desirable neighborhoods.
Under contract
Price cut: $20K (6/17)
$875,000
31 South Dr, Key Largo, FL 33037
3beds
1,984sqft
Single Family Residence
Built in 1972
5,662 Square Feet Lot
$-- Zestimate®
$441/sqft
$-- HOA
What's special
Spacious wraparound porchCanal-front propertyOpen concept layout
- 71 days |
- 4,559 |
- 248 |
Zillow last checked:
Listing updated:
Listed by:
Philip Kravitz 305-783-7983,
Coldwell Banker Schmitt Key Largo
Source: FLKMLS,MLS#: 619510
Originating MLS: Florida Keys
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
Features
- Flooring: Tile, Terrazzo
- Windows: Panel
Interior area
- Total interior livable area: 1,984 sqft
Property
Parking
- Total spaces: 3
Features
- Patio & porch: Open Porch/Balcony, Roof Top Deck
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Front, Waterfront, Dock: Concrete, Dock Length: 60
Lot
- Size: 5,662 Square Feet
- Features: Less Than 1/4 Acre
- Residential vegetation: Fruit Tree(s)
Details
- Parcel number: 00515310000000
- Zoning: IS
- Zoning description: Improved Subivision District
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
- Roof: Concrete
Condition
- Fixer
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA
Community & HOA
Community
- Subdivision: Stillwright Pt (105.5)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $441/sqft
- Tax assessed value: $964,636
- Annual tax amount: $8,798
- Date on market: 4/15/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Contingent | $875,000$441/sqft |
Source: | ||
| 6/17/2026 | Price change | $875,000-2.2%$441/sqft |
Source: | ||
| 6/1/2026 | Price change | $895,000-5.7%$451/sqft |
Source: | ||
| 5/18/2026 | Price change | $949,000-5.1%$478/sqft |
Source: | ||
| 4/15/2026 | Listed for sale | $999,999$504/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,798 +10.4% | $887,508 +10% |
| 2024 | $7,966 +10.5% | $806,825 +10% |
| 2023 | $7,208 +85.4% | $733,477 +94.1% |
| 2022 | $3,888 +5% | $377,829 +6% |
| 2021 | $3,701 0% | $356,476 +0.5% |
| 2020 | $3,701 | $354,607 +0.3% |
| 2019 | $3,701 +0.2% | $353,686 +0% |
| 2018 | $3,695 -1.1% | $353,656 +4.7% |
| 2017 | $3,735 +5.2% | $337,820 +9.4% |
| 2016 | $3,552 +3.3% | $308,877 +1.3% |
| 2015 | $3,440 | $304,906 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 0.6 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 14.6 mi
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A local lender can help you make sure your offer is ready when you are.
- Florida
- Monroe County
- Key Largo
- 33037
- 31 South Dr






