$495,900
OPEN HOUSE 5/24 $24K PRICE DROP

40 Pirates Dr Key Largo, FL 33037

Estimated payment $2,963/month

Total Views 36,636
1 Bed
1 Bath
561 Sq Ft
$884 Price per Sq Ft

Highlights

  • Spa
  • Quartz Countertops
  • Fenced
  • Coral Shores High School Rated A
  • Stainless Steel Appliances
  • 1-minute walk to Schwingggg

About This Home

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. Voluntary Boating Association with nominal fee of $250 per year. 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!

Listing Agent

Susan Holler

Lokation Real Estate - Tavernier North License #3160428 Listed on: 11/29/2025

Lokation Real Estate - Tavernier North

Co-Listing Agent

Kelly Wilson

Lokation Real Estate - Tavernier North License #0524152

Open House Schedule

  • Sunday, May 24, 2026
    10:30 am to 1:00 pm
    5/24/2026 10:30:00 AM +00:00
    5/24/2026 1:00:00 PM +00:00

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • Fenced
  • Property is zoned ISM - Improved Sub Masonry

Parking

  • 3 Parking Spaces

Kitchen

  • Oven
  • Range
  • Microwave
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 00493460-000000

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Vehicle Storage Cars: 3
  • Year Built: 1958
  • Building Style Above Flood: Yes
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: BO2034883
  • Co List Office Phone: 305-393-1695
  • Co List Office Mls Id: BO2034883
  • Co List Office Phone: 305-393-1695
  • Subdivision Name: Pirates Cove (Key Largo) (98.5)
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Cabinets, Quartz Countertops
  • Appliances: Washer, Dryer, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Waterfront: No
  • Exterior Features: Fencing, Hot Tub, Lighting, Outdoor Shower
  • Construction Type: CBS
  • Waterfront: None
  • Roof: Other Roof

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air, Ductless
  • Utilities: FKAA, Municipal Sewer

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Parcel Number: 00493460-000000
  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3811.51

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $3,812 $418,109 $240,000 $178,109
2024 $2,797 $375,904 $206,250 $169,654
2023 $2,797 $304,015 $178,250 $125,765
2022 $2,529 $268,230 $136,563 $131,667
2021 $2,332 $208,028 $94,875 $113,153
2020 $2,143 $171,838 $57,500 $114,338
2019 $2,158 $173,022 $57,500 $115,522
2018 $1,791 $149,664 $48,875 $100,789
2017 $1,570 $99,858 $0 $0
2016 $1,560 $94,286 $0 $0
2015 $1,560 $90,075 $0 $0
2014 $1,591 $94,703 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2026 04/29/26 Price Changed $495,900 -0.6% $884 / Sq Ft
03/31/2026 03/31/26 Price Changed $499,000 -2.1% $889 / Sq Ft
01/16/2026 01/16/26 Price Changed $509,900 -1.9% $909 / Sq Ft
11/29/2025 11/29/25 For Sale $519,900 0.0% $927 / Sq Ft
08/07/2024 08/07/24 Rented $2,950 -1.7% --
07/07/2024 07/07/24 For Rent $3,000 0.0% --
12/28/2023 12/28/23 Sold $530,000 -10.8% $945 / Sq Ft View Prior Sale
08/30/2023 08/30/23 For Sale $594,000 +112.1% $1,059 / Sq Ft
02/16/2018 02/16/18 Sold $280,000 -17.4% $499 / Sq Ft View Prior Sale
01/22/2018 01/22/18 Pending -- -- --
10/23/2017 10/23/17 For Sale $339,000 +69.5% $604 / Sq Ft
01/14/2016 01/14/16 Sold $200,000 -2.4% $560 / Sq Ft View Prior Sale
12/31/2015 12/31/15 Pending -- -- --
12/18/2015 12/18/15 For Sale $205,000 -- $574 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $530,000 None Listed On Document
Warranty Deed $280,000 Abolute First Title Llc
Warranty Deed $200,000 Coral Reef Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $424,000 New Conventional
Previous Owner $274,928 FHA
Previous Owner $180,000 Seller Take Back
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 617504

Florida Keys Board of REALTORS®

APN: 00493460-000000

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