ActiveMLS® A12062683

$990,000

18 Kay Drive, Key Largo, FL 33037

Beds: —
Baths: 0
Sqft: —

Est. payment$5,707/mo

Home type: Unimproved Land
Year built: —
Lot size: 163,350 sqft
Price / sqft: —
HOA: $0/mo
Community: —

Property description

Exceptional 4.35-acre development opportunity in Key Largo comprised of two contiguous parcels to be sold together. The assemblage includes approximately 3.76 acres fronting Kay Drive and offers mixed RV, SC, and SR zoning, creating a unique redevelopment opportunity. Existing Letter of Understanding and due diligence materials are available. Well suited for experienced developers pursuing mixed-use, commercial, or residential projects, subject to Monroe County approvals. Buyer to independently verify all zoning, Tier designations, ROGO requirements, permitted uses, and development potential.

Listing activity

Days on market: 51
Listed: Aug 3, 2026
MLS listing updated: Sep 4, 2026
Feed last checked: 6 minutes ago

Listed by Maria Acosta · Keller Williams Capital Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0
Bathrooms (decimal): 0

Property

Exterior

Waterfront property: No

Lot

Lot size: 163,350 sqft
Lot size (acres): 3.75 acres
Lot dimensions: 163786
Zoning: SR & RV
Road surface: Paved
Road frontage: Easement, Highway, Public Road

Construction

Type & style

Home type: Unimproved Land

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Public
Utilities: Electricity Available, Sewer Available, Water Available, None

Community & HOA

Community

MLS area: 5940 - Other Florida County
MLS subarea: Other

Association

Estimated monthly dues: $0

Lease details

Not reported by the listing source.

Location

Area details

City: Key Largo
County: Monroe
ZIP code: 33037

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12062683
Possession: Negotiable
Original list price: $990,000
Parcel number: 00086580000000
Annual property tax: $902
Tax year: 2025
Tax legal description: 21 61 39 ISLAND OF KEY LARGO PB4-130 PT GOV LOT 7 OR PT TR 7 AND PT GOVT LOT 8 OR PT TR 8 OR564-755 OR1786-2445 OR1860-1670 OR2142-629 OR260

Additional MLS details

Reported by the listing source

Bathrooms Total Decimal: 0
Bathrooms Total Integer: 0
County Or Parish: Monroe
Days On Market: 51
Elementary School: Key Largo
High School: Coral Shores
List Price: 990000
Listing Contract Date: 2026-08-03
Lot Size Acres: 3.75
Lot Size Dimensions: 163786
MLSArea Major: 5940 - Other Florida County
MLSArea Minor: Other
Middle Or Junior School: Key Largo
Mls Status: Active
On Market Date: 2026-08-03
Photos Count: 11
Postal Code: 33037
Property Sub Type: Unimproved Land
Property Type: Land & Docks
Road Frontage Type: Easement, Highway, Public Road
Road Surface Type: Paved
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-08-03T04:00:00Z
Water Source: Public
Tax Annual Amount: 902
Waterfront: No

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Aug 3, 2026	ListedMIAMI REALTORS® MLS	$990,000

Public tax history

Year	Property taxes	Assessment
2025	$902	—

Payment calculator

Estimated monthly payment$5,707/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $5,137
Property taxes: $75
Insurance: $495
Association dues: $0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

Key Largo

Key Largo · Monroe County · 33037

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Key LargoElementary

—

Key LargoMiddle

—

Coral ShoresHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes