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$990,000 -$100,000 (-9.17%) Price Reduced
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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.
Full Property Details
Full Property Details for 18 Kay Dr
General
- Price: $990,000
- Taxes: $902 (2025)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A12062683
- Updated: 10/20/2026
- Added to Site: 85 day(s) ago
Location
- County: Monroe County
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: No Utilities, Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Business/Commercial
- Other Struct. Feat.: Clearing Required, Heavy Traffic
Lot Features
- Lot Size (Acres): 3.7458
- Lot Size (Sq. Ft.): 163,786
- Lot Dimensions: 125 x 1294
- Frontage Feet: 125
- Street/Road Desc.: Paved
- Lot Features: County Location, Lot Located In A Flood Zone, Near School, Marsh/Mangrove, 2.5-5 Acres
- Potential Use: None
- Trees/Vegetation: Heavily Wooded, Mangroves, Brush, Marsh
- Zoning: SR & RV
Financial Considerations
- Tax Amount: $902
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Documents Avail.: Aerial Photo, Appraisal
- 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
- Property ID: 00086580-000000
Listed by Keller Williams Capital Realty
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Schools
Schools serving 18 Kay Dr
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Key Largo School 104801 Overseas Highway, Key Largo, FL 33037 | PK-8 | 3.9 mi |
Coral Shores High School 89901 Old Highway, Tavernier, FL 33070 | 9-12 | 10.6 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 18 Kay Dr
Date
Details
Price
Change
Source
10/20/2026
Price Reduced
$990,000
—
MLS
8/03/2026
Listed
$990,000
330.43%
MLS
12/31/2012
Sold
$230,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 18 Kay Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$902
1%
$75,718
—
2024
$896
-1%
$75,718
—
2023
$908
3%
$75,718
—
2022
$880
-1%
$75,718
—
2021
$892
4%
$75,718
38%
2019
$858
13%
$54,745
10%
2018
$762
-1%
$49,768
—
2017
$766
-3%
$49,768
—
2016
$788
2%
$49,768
7%
2015
$775
-2%
$46,710
4%
2014
$792
6%
$44,856
40%
2013
$744
—
$31,970
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 18 Kay Dr
18 Kay Dr, Key Largo, FL 33037 (MLS# A12062683) is a Commercial Land property with a lot size of 3.7458 acres. 18 Kay Dr is currently listed for $990,000 and was received on August 03, 2026. Want to learn more about 18 Kay Dr? Do you have questions about finding other Commercial Land real estate for sale in Key Largo? You can browse all Key Largo real estate or contact a Coldwell Banker agent to request more information.

