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$990,000
Key Largo, FL 33037
MLS# 620854
1 / 11
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.
Details
Maps
Documents
Contract Information
Listing Board: Florida Keys
ROGO Exempt: Yes
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: Yes
Current Price: $990,000
Listing Date: 2026-08-03
List Price: $990,000
Location, Tax & Legal
City: KEY LARGO
Off Shore Island: No
Tier: Tier 1
Mile Marker: 98
Marathon Neighborhood: N/A
Senior Community YN: No
Side: Bay/Gulf
Flood Zone: AE,X,0.2 PCT ANNUAL
Alternate Key #: 1095150
Add'l Parcel #1: 00086750-000100
Parcel #: 00086580-000000
Zoning: SR - Sub Urban Residential District
Deed Restrictions: No
Legal: 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 OR1786-2445/46 OR186
Taxes: 901.6
Tax Year: 2025
Street #: 18
Street Name: Kay
Street Suffix: Drive
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
County: Monroe
Subdivision: Misc Sub MM 97-107 (98.0)
Area: 27 - Key Largo MM 97-107
General Property Description
Realtor.COM Type: Vacant Land
Waterfront: No
Control Depth: 122
Lot SqFt: 163786
Lot Dimensions: X
Lot Sqft Source: Appraisal
Total Lots: 1
Remarks & Misc
Remarks – Consumer: 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.
Assoc/Misc Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Miscellaneous Info
Mobile Home Lot: No
Dockage
None: 1
Tax Exemptions
None: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Location/Site
Hardwood: 1
Paved Street: 1
Wooded Lot: 1
Existing Utilities
Sewer: 1
Water Line: 1
Other See Remarks: 1
Land Size
2 Less Than 5 Acres: 1
Financial Status
Bank Owned: Yes
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
Tax Exemptions: None
Waterfront: None
Dockage: None
Waterview: No Waterview
Existing Utilities: Sewer; Water Line; Other See Remarks
Land Size: 2 Less Than 5 Acres
Flood Disclosure 
Listing Office: Keller Williams Capital Realty - Coral Gables
Last Updated: August - 03 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.