22988 Port Royal Ln Summerland Key, FL 33042
Estimated payment $4,865/month
About This Home
With unbeatable access to oceanside fishing, diving, and lobstering, this canal front home delivers the kind of location boaters rarely find. The west-facing canal sets the stage for vivid sunset views, while the spacious lot offers room for extra parking, trailered boats, or an RV. Inside, the home features three bedrooms, two bathrooms, granite countertops, stainless steel appliances, and French doors that open to a screened patio overlooking the water. A lower-level enclosed storage area provides secure space for gear and equipment. The home is situated in a quiet neighborhood known for its sense of community and its prime location--convenient to both Old Town Key West and Marathon, as well as nearby restaurants that have earned local loyalty. Whether you're heading out on the water or enjoying the view from home, this property puts you in the right place to make the most of it. Schedule your showing today.
Listing Agent
Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key License #BK3362857 Listed on: 06/06/2025
Map
Home Details
Home Type
Single Family
Est. Annual Taxes
$5,625
Year Built
1998
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- As Is Right To Inspect: Yes
- First Right of Refusal: No
- Mandatory HOA: No
- Contingent: Contingent/Show
- Contingent Remarks: Inspections/Finance
- Control Depth: 3
- Dockage Dock Length: 60
- Dockage Seawall: Cut/Natural
- Document Count: 3
- Fee Includes: None
- Financial Status Bank Owned: No
- Financial Status Potential Short Sale: No
- Key Island: Cudjoe Key
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 23.00
- Min Rental Days: 28.00
- M L S Identifier: 20060123165453488875000000
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Ocean
- State Province: FL
- Taxes: 6125.87
- Title: Title Ins - Buyer
- Vehicle Storage: Off Street Parking, Covered Parking
- Year Built: 1998
- Alternate Key Number: 1234460
- Cooling Heating: Central Air, Ceiling Fans(s)
- Lot Sq Ft: 6400.00
- Porch Balcony: Screened P/B
- Shutters: Accordion
- Species List: Yes
- Tax Exemptions: None
- Building Style Above Flood: Yes
- Estimated Living Sq Ft: 1122.00
- Financial Status Standard Sale: Yes
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: UnderContract
- Property Sub Type: Detached
Interior Features
- Interior Amenities: Drapes/Blinds Incl, Storage, Granite Counter Top, Pantry
- Total Bathrooms: 2.00
- Full Bathrooms: 2
- Appliances: More Appliances, Freezer, Microwave, Oven, Dishwasher, Dryer
- Floor: Tile
- Windows/Doors: French Doors, Sliding Glass Doors
- Total Bedrooms: 3
Exterior Features
- Waterfront: Canal Front
- Waterfront: Yes
- Construction: Modular
- Roof: Metal Roof
- Waterview: Canal View
- Pool: No
Utilities
- Utilities: FKAA, Solar Power, Buyer to Verify, Municipal Sewer
- Heating: Heat Pump
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE
- Parcel Number: 00182480-000000
- Land Size: Less Than 1/4 Acre
- Acres: 0.15
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Furnished
Tax Info
- Tax Year: 2024
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,625 | $625,913 | $407,232 | $218,681 |
| 2023 | $5,625 | $586,305 | $381,376 | $204,929 |
| 2022 | $5,139 | $517,405 | $310,272 | $207,133 |
| 2021 | $4,236 | $408,601 | $229,472 | $179,129 |
| 2020 | $3,838 | $339,328 | $174,528 | $164,800 |
| 2019 | $3,868 | $341,536 | $210,080 | $131,456 |
| 2018 | $3,724 | $325,848 | $190,688 | $135,160 |
| 2017 | $3,525 | $327,701 | $0 | $0 |
| 2016 | $3,258 | $272,466 | $0 | $0 |
| 2015 | $3,187 | $268,993 | $0 | $0 |
| 2014 | $2,942 | $211,562 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | Pending | -- | -- | -- |
| 06/06/2025 06/06/25 | For Sale | $825,000 | +50.3% | $735 / Sq Ft |
| 02/11/2021 02/11/21 | Sold | $549,000 | 0.0% | $489 / Sq Ft |
| 12/10/2020 12/10/20 | For Sale | $549,000 | -- | $489 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $549,000 | Attorney | |
| Warranty Deed | $32,000 | -- | |
| Deed | $1,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $494,100 | New Conventional |
Source: Key West Association of REALTORS®
MLS Number: 615359
APN: 00182480-000000
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