$519,900
OPEN SUN 10:30AM - 1:30PM

40 Pirates Dr Key Largo, FL 33037

Estimated payment $3,086/month

Total Views 15,533
1 Bed
1 Bath
561 Sq Ft
$927 Price per Sq Ft

Highlights

  • Boating
  • Canal View
  • High Impact Door
  • Coral Shores High School Rated A
  • Porch
  • 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. 2 kayaks and bicycles are included. 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. Owner has taken care of the big-ticket items, including a new roof, new A/C split systems, 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.

Listing Agent

Susan Holler

LoKation License #3160428 Listed on: 11/29/2025

LoKation

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,210

Year Built

  • Built in 1958

Lot Details

  • 2,500 Sq Ft Lot
  • Northwest Facing Home
  • Fenced
  • Property is zoned IS-M

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 561 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Canal Views
  • High Impact Door

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Outdoor Shower
  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00493460-000000

Community Details

Overview

  • Property has a Home Owners Association
  • Voluntary home owners association
  • Pirates Cove Subdivision

Recreation

  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,210

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: PIRATES COVE
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 519900
  • InternetRemarks: Your Paradise Awaits! Updated concrete 1-bedroom, 1-bath home just steps from the water. Living on the water without paying the premium price.
  • ShowingTimeFlag: Yes
  • Special Features: 4353

Interior Features

  • Appliances: Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Utility Room/Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Concrete, Tile
  • Living Area: 561
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • Roof: Other
  • View: Canal
  • Exterior Features: Lighting, Outdoor Shower
  • Construction Type: Concrete Block Construction, CBS Construction
  • Direction Faces: Northwest
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PIRATES COVE
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Additional Amenities, Boating, Public Road, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Lot Info

  • Parcel Number: 00493460-000000
  • Lot Size Sq Ft: 2500
  • Zoning: IS-M

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4210

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
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: MIAMI REALTORS® MLS

Purchase History

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

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: MIAMI REALTORS® MLS

MLS Number: A11922291

MIAMI REALTORS® MLS

APN: 00493460-000000