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$600,000
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Property Description
Boater/Angler special: 70-foot concrete seawall features hard-to-find boat slip/basin, plus 10,000-pound boat lift . This canal front-vacant lot is ROGO exempt and ready to build on. It corners Drake Lane's dead end and is second from Cudjoe Bay's open water. Perfect location for new build. Previous house removed and lot is ready for your vision. Electric was in place, buyer to verify FKAA sewer/septic tank system. Arborist cleaned lot and cleared boat basin.
Full Property Details
Full Property Details for 22948 Drake Ln
General
- Sold For: $600,000
- Taxes: $2,465 (2024)
- Status: Closed
- Type: Lots/Land
- Source: 927
- MLS ID: 617328
- Added to Site: 229 day(s) ago
Exterior
- Exterior Features: Boat Slip
Location
- Area: 07 - Cudjoe Key
- County: Monroe
- Subdivision: Cutthroat Harbor Est (23.0)
- Driving Directions: U.S. 1 to MM 23. East on Spanish Main then right on Drake Lane. The vacant lot on left edges Drake's left turn to canal.
Lot Features
- Property View: Canal, Open Water View
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,000
- Lot Size Source: Property Data Card
- Lot Features: Water Frontage, Paved Street, Corner Lot, Cleared Site
- Zoning: IS - Improved Subivision District
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Front, Open Water
Financial Considerations
- Tax Amount: $2,465.42
- Tax Year: 2024
Disclosures and Reports
- Legal Description: BK 3 LT 8 CUTTHROAT HARBOR ESTATES FIRST ADDN CUDJOE KEY PB5-60 OR622-580 OR922-1048 OR1660-601 OR1838-1532 OR2316-1376
- Flood Zone: VE
- APN: 00184150-000000
Listed and Sold by Preferred Properties (KW), Barbara Bowers (305) 842-1599
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Schools
Schools serving 22948 Drake Ln
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Sugarloaf School 255 Crane Boulevard, Summerland Key, FL 33042 | PK-8 | 3.5 mi |
Key West High School 2100 Flagler Avenue, Key West, FL 33040 | 9-12 | 20.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 22948 Drake Ln
Date
Details
Price
Change
Source
6/04/2026
Sold
$600,000
-7.69%
MLS
11/15/2025
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
22948 Drake Lane, Cudjoe Key, FL 33042 (MLS# 617328) is a Lots/Land property that was sold at $600,000 on June 04, 2026. Want to learn more about 22948 Drake Lane? Do you have questions about finding other Lots/Land real estate for sale in Cudjoe Key? You can browse all Cudjoe Key real estate or contact a Coldwell Banker agent to request more information.

