Your Private Slice of Key Largo Paradise Awaits! Escape to a quiet coastal retreat designed for relaxation and adventure. This beautifully updated concrete 1-bedroom, 1-bath home is situated on a corner lot in the heart of Key Largo is just steps from the water and beckons you to embrace the island lifestyle. This is like living on the water without paying the premium price.Bonus: 2 kayaks and bicycles are included. Imagine waking up and using your own two kayaks to explore the Bay or easily launching your boat from the neighborhood ramp right across the street. Boating enthusiasts will love the easy access to the ocean via Adams Cut or Tavernier Creek. Evenings are for unwinding in the outdoor hot tub or hosting memorable gatherings on the paved patio under garden lighting, surrounded by lush tropical landscaping. The current owner has taken care of the big-ticket items, so you do not have to worry including a new roof, new A/C split systems throughout, fresh paint inside and out and impact windows/doors, making this charming gem completely move-in ready. There is room for a couple of cars and a 24' boat on trailer on the property. The community clubhouse and swimming beach offer even more opportunities for sun-soaked fun. The location is unbeatable--just minutes from Key Largo's dining, shopping, and outdoor attractions, with an easy commute to Miami. Whether you are seeking a refined vacation retreat or a full-time island residence, this home delivers a perfect balance of tropical comfort and coastal style. This is an amazing opportunity to embrace the best of the Florida Keys: boating, snorkeling, world-class fishing, scuba diving, or simply soaking up the sun.Do not let this slice of paradise slip away--schedule your private tour today!
For sale
Price cut: $10.9K (4/1)
$499,000
40 Pirates Dr, Key Largo, FL 33037
1beds
561sqft
Est.:
Single Family Residence
Built in 1958
2,613.6 Square Feet Lot
$483,900 Zestimate®
$889/sqft
$21/mo HOA
What's special
Outdoor hot tubNew roofLush tropical landscapingCorner lot
- 126 days |
- 1,355 |
- 31 |
Zillow last checked: 7 hours ago
Listing updated: March 31, 2026 at 02:01pm
Listed by:
Susan Kay Holler, PA 305-393-1695,
Lokation Real Estate - Tavernier North,
Kelly Wilson 305-394-6742,
Lokation Real Estate - Tavernier North
Source: FLKMLS,MLS#: 617504
Originating MLS: Florida Keys
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Central Air, Ductless
Appliances
- Included: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dryer
- Laundry: Laundry Room
Features
- Built-in Cabinets, Quartz Countertops
- Flooring: Tile, Concrete
- Doors: Impact Rstnce Doors
- Windows: Impact Rstnce Window
Interior area
- Total interior livable area: 561 sqft
Property
Parking
- Total spaces: 3
- Parking features: Trailer Storage
Features
- Levels: Ground Level
- Patio & porch: Patio
- Exterior features: Outdoor Shower, Lighting
- Has spa: Yes
- Spa features: Private
- Fencing: Fenced
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: None, Dockage: None
Lot
- Size: 2,613.6 Square Feet
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00493460000000
- Zoning: ISM
- Zoning description: Improved Sub Masonry
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
- Roof: Other
Condition
- Year built: 1958
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA
Community & HOA
Community
- Features: Community Boat Ramp, Beach, Clubhouse
- Subdivision: Pirates Cove (Key Largo) (98.5)
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $250 yearly
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $889/sqft
- Tax assessed value: $418,109
- Annual tax amount: $3,811
- Date on market: 11/29/2025
- Listing terms: Cash,FHA,VA Loan,Conventional
Estimated market value
$483,900
$460,000 - $508,000
$2,308/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Price change | $499,000-2.1%$889/sqft |
Source: | ||
| 1/16/2026 | Price change | $509,900-1.9%$909/sqft |
Source: | ||
| 11/29/2025 | Listed for sale | $519,900$927/sqft |
Source: | ||
| 11/22/2025 | Listing removed | $519,900$927/sqft |
Source: | ||
| 11/18/2025 | Price change | $519,900-0.5%$927/sqft |
Source: | ||
| 10/8/2025 | Price change | $522,500-0.5%$931/sqft |
Source: | ||
| 7/8/2025 | Price change | $525,000-7.1%$936/sqft |
Source: | ||
| 6/24/2025 | Price change | $565,000-2.6%$1,007/sqft |
Source: | ||
| 5/22/2025 | Listed for sale | $580,000+9.4%$1,034/sqft |
Source: FLKMLS #615130 Report a problem | ||
| 8/8/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/26/2024 | Price change | $3,000-14.3%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/12/2024 | Price change | $3,500-4.1%$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/28/2024 | Listed for rent | $3,650$7/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/30/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/17/2024 | Price change | $3,650-3.9%$7/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/19/2024 | Listed for rent | $3,800-11.6%$7/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/8/2024 | Listing removed | -- |
Source: | ||
| 2/23/2024 | Listed for rent | $4,300$8/sqft |
Source: | ||
| 1/22/2024 | Listing removed | -- |
Source: | ||
| 1/12/2024 | Listed for rent | $4,300$8/sqft |
Source: | ||
| 12/28/2023 | Sold | $530,000-10.8%$945/sqft |
Source: | ||
| 12/23/2023 | Pending sale | $594,000$1,059/sqft |
Source: | ||
| 10/23/2023 | Contingent | $594,000$1,059/sqft |
Source: | ||
| 8/21/2023 | Listed for sale | $594,000+112.1%$1,059/sqft |
Source: | ||
| 6/5/2023 | Listing removed | -- |
Source: | ||
| 2/22/2018 | Sold | $280,000+40%$499/sqft |
Source: Public Record Report a problem | ||
| 1/15/2016 | Sold | $200,000$357/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,210 +10.4% | $413,494 +10% |
| 2024 | $3,812 +36.3% | $375,904 +64.4% |
| 2023 | $2,797 +10.6% | $228,716 +10% |
| 2022 | $2,529 +8.5% | $207,924 +10% |
| 2021 | $2,332 +8.8% | $189,022 +10% |
| 2020 | $2,143 | $171,838 -0.7% |
| 2019 | $2,143 -0.7% | $173,022 +15.6% |
| 2018 | $2,158 +20.5% | $149,664 +49.9% |
| 2017 | $1,791 +14.1% | $99,858 +5.9% |
| 2016 | $1,570 +0.6% | $94,286 +4.7% |
| 2015 | $1,560 | $90,075 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,789/mo
Principal & interest
$2427
Property taxes
$341
HOA Fees
$21
More affordability tools
Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 6.5 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 8 mi
Local experts in 33037
- Florida
- Monroe County
- Key Largo
- 33037
- 40 Pirates Dr






