ROGO EXEMPTION APPROVED -- unlock the rare opportunity to build on a private waterfront double lot in the highly desirable Bermuda Shores subdivision of Key Largo. This tucked-away oasis features direct ocean access with a dock located behind the property, ideal for boating enthusiasts. Both lots have been combined into a single folio, creating a spacious parcel of over 18,000 square feet and exceptional future potential. Buyers can move forward with plans to build a custom waterfront home in one of the Keys' most sought-after neighborhoods. Owner financing available with negotiable terms. A unique chance to secure buildable waterfront property with dockage, privacy, and open-water access.
Lot/land
Price cut: $100K (1/13)
$895,000
561 Gordon Cir, Key Largo, FL 33037
--beds
--baths
8,900Square Feet
Unimproved Land
Built in ----
8,900 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Private waterfront double lot
- 94 days |
- 227 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: March 25, 2026 at 12:53am
Listed by:
Denise Madan 786-334-8200,
Compass Florida, LLC
Source: FLKMLS,MLS#: 617803
Originating MLS: Florida Keys
Facts & features
Property
Features
- Has view: Yes
- View description: Canal
- Water view: Canal
- Waterfront features: Canal Front, Waterfront, Water Frontage, Dock: Wood
Lot
- Size: 8,900 Square Feet
- Features: 1/4 - 1/2 Acre
Details
- Parcel number: 00551007002800
- Zoning: URM
- Zoning description: Urban Res Mobile Home District
Utilities & green energy
- Water: Water Meter
- Utilities for property: Water Connected, Sewer Connected, Electricity Connected
Community & HOA
Community
- Features: Street Lights
- Subdivision: Bermuda Shores (103.0)
HOA
- Has HOA: No
Location
- Region: Key Largo
Financial & listing details
- Tax assessed value: $516,263
- Annual tax amount: $4,517
- Date on market: 12/23/2025
- Listing terms: Seller Finance Psble,Private Financing Available
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/13/2026 | Price change | $795,000-11.2% |
Source: | ||
| 12/30/2025 | Price change | $895,000-3.2% |
Source: | ||
| 11/10/2025 | Price change | $925,000+2.8% |
Source: | ||
| 10/17/2025 | Listed for sale | $900,000+2712.5% |
Source: | ||
| 10/1/1988 | Sold | $32,000 |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,517 +16.4% | $516,263 +44% |
| 2024 | $3,882 +7.6% | $358,397 +10% |
| 2023 | $3,607 +195.3% | $325,815 +217.2% |
| 2022 | $1,221 +1.3% | $102,729 +3% |
| 2021 | $1,205 +0.3% | $99,737 +1.4% |
| 2020 | $1,201 | $98,360 +2.3% |
| 2019 | $1,201 +1.3% | $96,149 +1.9% |
| 2018 | $1,186 +0.7% | $94,357 +0% |
| 2017 | $1,177 +0.4% | $94,318 +2.1% |
| 2016 | $1,173 -0.6% | $92,379 +0.7% |
| 2015 | $1,180 | $91,737 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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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Neighborhood: 33037
Getting around
24 / 100
Car-DependentNearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 1.9 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 12.6 mi
Local experts in 33037
- Florida
- Monroe County
- Key Largo
- 33037
- 561 Gordon Cir





