For sale

Price cut: $85K (5/27)

$1,895,000

764 Michael Dr, Key Largo, FL 33037

3beds

2,024sqft

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Single Family Residence

Built in 2024

10,454 Square Feet Lot

$1,813,100 Zestimate^®

$936/sqft

$-- HOA

What's special

Boat parkingPrestigious bayWater viewsWater access

This new construction property is in a very quaint and quiet family friendly neighborhood in Key Largo. Centrally located on the island its a very close drive to a 5 Star rated VPK - 8th grade school, close to grocery shopping, leisure shops, local businesses, medical facilities and restaurants. With water views and water access, you are only a boat ride away from Blackwater Sound. A prestigious bay with boat parking for water front dining, shopping, and community parks.

116 days

581

10

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Heating

Electric

Cooling

Central Air, Ceiling Fans(s)

Appliances

Included: Washer, Ice Machine, Disposal, Refrigerator, Dishwasher, Dryer

Features

Walk-In Closet(s)
Flooring: Other
Windows: Window Treatments, Other Windows/Doors

Interior area

Total interior livable area: 2,024 sqft

Property

Features

Patio & porch: Patio
Has private pool: Yes
Pool features: In Ground, Salt Water
Has view: Yes
View description: Ocean
Has water view: Yes
Water view: Ocean
Waterfront features: Bay Front, Waterfront, Dockage: None

Lot

Size: 10,454 Square Feet
Dimensions: 40 x 130
Features: Less Than 1/4 Acre

Details

Parcel number: 00551007001300
Zoning: URM
Zoning description: Urban Res Mobile Home District

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Other
Roof: Metal

Condition

Year built: 2024

Utilities & green energy

Sewer: Municipal Sewer, Public Sewer
Utilities for property: Other - See Remarks

Community & HOA

Community

Subdivision: Bermuda Shores (103.0)

HOA

Has HOA: No
Services included: None

Location

Region: Key Largo

Financial & listing details

Price per square foot: $936/sqft
Tax assessed value: $1,184,024
Annual tax amount: $9,746
Date on market: 3/5/2026
Listing terms: Cash,FHA,VA Loan,Conventional

Estimated market value

$1,813,100

$1.72M - $1.90M

$5,554/mo

Price history

Date	Event	Price
5/27/2026	Price change	$1,895,000-4.3%$936/sqft
Source: Key West AOR #618931 Report a problem
3/5/2026	Listed for sale	$1,980,000+1247.9%$978/sqft
Source: Key West AOR #618931 Report a problem
5/9/2008	Listing removed	$146,900$73/sqft
Source: Coldwell Banker** Report a problem
3/20/2008	Price change	$146,900-13.5%$73/sqft
Source: Coldwell Banker** Report a problem
3/14/2008	Listed for sale	$169,900+69.9%$84/sqft
Source: Coldwell Banker** Report a problem
2/21/2002	Sold	$100,000$49/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,747 +175.7%	$1,059,995 +266.4%
2024	$3,536 -11.5%	$289,281 +10%
2023	$3,996 +58%	$262,983 +84.8%
2022	$2,530 +24.8%	$142,286 +9.6%
2021	$2,027 +1.9%	$129,880 +10%
2020	$1,990	$118,073 -43.4%
2019	$1,990 +2.5%	$208,514 -0.5%
2018	$1,942 +1.4%	$209,494 +6.7%
2017	$1,914 +5.1%	$196,357 +15.8%
2016	$1,821 +5%	$169,600 +131.3%
2015	$1,734	$73,314

Find assessor info on the county website

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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.

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