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For sale
  • Price cut: $25K (3/23)
    $725,000

    118 1st St, Key Largo, FL 33037

    3beds
    1,595sqft
    : 
    Single Family Residence
    Built in 2004
    6,000 Square Feet Lot
    $708,600 Zestimate®
    $455/sqft
    $13/mo HOA

    What's special

    Metal roofHigh ceilings throughoutBright and open atmosphereSolid cbs construction
    Discover your slice of paradise in the heart of Key Largo. This well-maintained 3-bedroom, 2-bath single-family home with an upstairs loft that can be used as a 4th bedroom offers the perfect blend of comfort, durability, and Florida Keys charm--ideal as a full-time residence, weekend escape, or vacation home.The home features high ceilings throughout, creating a bright and open atmosphere, along with a spacious and functional floor plan offering flexible living areas perfect for hosting guests, working remotely, or accommodating extended family. Solid CBS construction and a metal roof provide peace of mind and low-maintenance living.The primary suite offers a true retreat with a spa-like bathroom featuring a steam shower and private access to the backyard patio, ideal for relaxing after a day on the water. Step outside to a fenced backyard with patio space for outdoor enjoyment in a private setting.Located in a desirable residential neighborhood with access to a private community boat ramp, this home is perfectly positioned to enjoy world-class fishing, snorkeling, diving, and boating just minutes away. Conveniently located near Key Largo School, as well as local restaurants, shopping, and attractions, with easy access to US-1 for travel throughout the Florida Keys.Whether you're searching for a primary residence, second home, or vacation getaway, this versatile Key Largo property delivers the lifestyle buyers come to the Keys for--and so much more!
    65 days
    |
    1,067
    |
    50
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 23, 2026 at 05:07am

    Listed by:

    Tanya Blann 305-849-6256,

    Coastal Realty of the Florida Keys

    Source: FLKMLS,MLS#: 618292MLS LogoOriginating MLS: Florida Keys

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
      Features
      • Flooring: Tile, Laminate
      • Doors: Impact Rstnce Doors
      • Windows: Impact Rstnce Window
      Interior area
      • Total interior livable area: 1,595 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Off Street
      Features
      • Levels: Ground Level
      • Patio & porch: Open Porch/Balcony
      • Fencing: Fenced
      • Water view: None
      • Waterfront features: None, Dockage: Boat Ramp
      Lot
      • Size: 6,000 Square Feet
      • Dimensions: 60 x 100
      • Features: Less Than 1/4 Acre
      Details
      • Parcel number: 00473810000000
      • Zoning: IS
      • Zoning description: Improved Subivision District
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS, Concrete
      • Roof: Metal
      Condition
      • Year built: 2004

      Utilities & green energy

      • Electric: Elect Separate Meter
      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA, Cable Available, Buyer to Verify, Cable Connected

      Community & HOA

      Community
      • Features: Community Boat Ramp
      • Subdivision: Largo Sound Vill (104.0)
      HOA
      • Has HOA: Yes
      • Services included: Other
      • HOA fee: $13 monthly
      Location
      • Region: Key Largo

      Financial & listing details

      • Price per square foot: $455/sqft
      • Tax assessed value: $613,695
      • Annual tax amount: $5,559
      • Date on market: 1/24/2026
      • Listing terms: No Seller Finance,FHA,VA Loan,Conventional,Cash
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        Estimated market value

        $708,600

        $673,000 - $744,000

        $4,249/mo

        Price history

        Price history
        DateEventPrice
        3/23/2026Price change$725,000-3.3%$455/sqft
        Source: FLKMLS #618292 Report a problem
        1/24/2026Listed for sale$750,000-6.1%$470/sqft
        Source: FLKMLS #618292 Report a problem
        3/19/2025Listing removed$799,000$501/sqft
        Source: Key West AOR #613867 Report a problem
        2/25/2025Listed for sale$799,000-5.6%$501/sqft
        Source: FLKMLS #613867 Report a problem
        2/25/2025Listing removed$845,999$530/sqft
        Source: Key West AOR #611243 Report a problem
        10/29/2024Price change$845,999-0.5%$530/sqft
        Source: Key West AOR #611243 Report a problem
        8/27/2024Listed for sale$849,999+24.1%$533/sqft
        Source: FLKMLS #611243 Report a problem
        4/29/2022Sold$685,000-1.4%$429/sqft
        Source: MIAMI #A11164088 Report a problem
        4/16/2022Pending sale$695,000$436/sqft
        Source: FLKMLS #599518 Report a problem
        3/29/2022Contingent$695,000$436/sqft
        Source: Key West AOR #599518 Report a problem
        3/26/2022Listed for sale$695,000$436/sqft
        Source: Key West AOR #599518 Report a problem
        3/6/2022Contingent$695,000-1.4%$436/sqft
        Source: FLKMLS #599518 Report a problem
        2/20/2022Price change$705,000-2.6%$442/sqft
        Source: Key West AOR #599518 Report a problem
        2/6/2022Listed for sale$724,000+76.6%$454/sqft
        Source: Key West AOR #599518 Report a problem
        7/3/2012Listing removed$410,000$257/sqft
        Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #551326 Report a problem
        7/3/2010Listed for sale$410,000+7635.8%$257/sqft
        Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #551326 Report a problem
        2/26/1999Sold$5,300$3/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$5,791 -3.2%$613,695 -6%
        2024$5,982 +6.8%$653,128 +6.9%
        2023$5,599 +23.7%$611,141 +34.5%
        2022$4,526 +11.2%$454,357 +10%
        2021$4,071 +0.6%$413,052 +1.4%
        2020$4,049 $407,177 -1.2%
        2019$4,049 -1.2%$411,943 +10%
        2018$4,096 +6.3%$374,501 +0.4%
        2017$3,851 +0.5%$373,125 +8.1%
        2016$3,832 +3.2%$345,268 +1.6%
        2015$3,714 $339,775

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $4,165/mo
        Principal & interest
        $3657
        Property taxes
        $495
        HOA Fees
        $13
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          Climate risks

          Neighborhood: 33037

          Getting around

          30 / 100
          Car-Dependent
          57 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 33037

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