Under contract

$350,000

53 Hibiscus Ln, Key Largo, FL 33037

1beds

550sqft

$2,091/mo

Get pre-qualified

Single Family Residence

Built in 1958

6,969 Square Feet Lot

$324,600 Zestimate^®

$636/sqft

$-- HOA

What's special

Clean updated lookConvenient parkingNew coat of paint

Great opportunity to own an affordable and financable home in the Florida Keys whether you are purchasing your first property or adding to your investment portfolio. This 1 bedroom, 1 bathroom residence is situated on a generous 7000 square foot lot just moments from Friendship Park and backs up to the community park, offering open green space right behind the home. Best Part is there is no HOA fees here! The exterior has been refreshed with a new coat of paint, giving it a clean updated look. The backyard features a grassy area with room to relax, garden, or entertain, while the front offers low maintenance rock landscaping with convenient parking. The nearby pet friendly community park includes a Children's Memorial Tree Garden, pavilions, picnic tables, a baseball field, playground, restrooms, and basketball courts. You are also close to grocery stores, restaurants, shopping, and everyday conveniences. The property is currently unoccupied and ready for its next owner!

176 days

53

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Heating

Has Heating (Unspecified Type)

Cooling

Ceiling Fans(s), Ductless

Appliances

Included: Dryer, Refrigerator, Oven

Features

Storage
Flooring: Laminate

Interior area

Total structure area: 550
Total interior livable area: 550 sqft

Property

Lot

Size: 6,969 Square Feet
Dimensions: 50 X 140

Details

Parcel number: 00507680000000
Zoning: IS - Improved Subivision District

Construction

Type & style

Home type: SingleFamily
Architectural style: Conch
Property subtype: Single Family Residence

Materials

CBS, Concrete, Frame, Combo Construction

Condition

Year built: 1958

Utilities & green energy

Utilities for property: Water Separate Meter, Elect Separate Meter, Cable Available

Community & HOA

Community

Features: Clubhouse, Other, Bike Paths
Security: No Security
Subdivision: Hibiscus Park (101.0)

HOA

Has HOA: No
Services included: None

Location

Region: Key Largo

Financial & listing details

Price per square foot: $636/sqft
Tax assessed value: $249,519
Annual tax amount: $2,482
Date on market: 3/17/2026
Listing terms: Cash,Conventional,FHA

Estimated market value

$324,600

$308,000 - $341,000

$2,155/mo

Price history

Date	Event	Price
5/22/2026	Contingent	$350,000$636/sqft
Source: FLKMLS #618704 Report a problem
3/17/2026	Listed for sale	$350,000$636/sqft
Source: Key West AOR #618704 Report a problem
3/10/2026	Contingent	$350,000$636/sqft
Source: FLKMLS #618704 Report a problem
2/18/2026	Listed for sale	$350,000+149.9%$636/sqft
Source: Key West AOR #618704 Report a problem
9/26/2019	Sold	$140,050-15.1%$255/sqft
Source: FLKMLS #587103 Report a problem
8/26/2019	Listed for sale	$165,000$300/sqft
Source: Star Properties #587103 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,482 +3.4%	$172,154 +10%
2024	$2,401 +8%	$156,504 +10%
2023	$2,222 +15.3%	$142,276 +10%
2022	$1,928 +14.1%	$129,342 +10%
2021	$1,690 -0.6%	$117,584 0%
2020	$1,700	$117,637 -2.4%
2019	$1,700 +6.1%	$120,514 +40.1%
2018	$1,603 +9.9%	$86,023 0%
2017	$1,459 +0.3%	$86,040 +8.9%
2016	$1,454 +1.9%	$78,982 -3.5%
2015	$1,427	$81,889