778 Canal Street, Key Largo, FL 33037
$2,200,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,830
Lot Size (sq. ft.):
13,700
Status:
Active
Current Price:
$2,200,000
List Date:
6/02/2025
Last Modified:
7/18/2025
Description
INVESTORS PARADISE!
Situated on nearly 14,000 sq ft lot, this property offers premium access on a wide and deep canal, perfect for the ultimate boaters and savvy investors.
Solidly built concrete construction and a concrete roof, the existing home features a 2-bedroom, 1-bathroom, and main living area upstairs, plus a Permitted 1-bedroom, 1-bath guest suite downstairs—ideal for guests or extended family.
With ample space to expand, redesign, or completely reimagine, the oversized lot offers room for a luxury pool, extensive outdoor living areas, and additional square footage. This is a blank canvas and one of the most desirable Investment opportunities in the heart of Key Largo. Whether you're looking to renovate for personal enjoyment or unlock the property's full investment potential, this is your chance to capitalize on size, structure, and location —bring your vision and create your slice of paradise.
More Information MLS# 615287
Contract Information
Listing Board: Florida Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Current Price: $2,200,000
Listing Date: 2025-06-02
List Price: $2,200,000
Location, Tax & Legal
City: KEY LARGO
Off Shore Island: No
Mile Marker: 103
Marathon Neighborhood: N/A
Side: Bay/Gulf
Flood Zone: AE 9
Alternate Key #: 00548440-000000
Zoning: SF - Single Family
Deed Restrictions: No
Legal: BK 3 LT 12 TWIN LAKES PB3-160 KEY LARGO OR608-300 OR1136-1953 OR2067-666
Taxes: 6456.18
Tax Year: 2023
Pub Sewer HkUp: Yes
Street #: 778
Street Name: Canal
Street Suffix: Street
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
County: Monroe
Subdivision: Twin Lakes (103.0)
Area: 27 - Key Largo MM 97-107
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 5
Lot Size: 60 x 160 x 50 x 122 x 110
Lot SqFt: 13700
Pool: No
Lot Sqft Source: Property Data Card
Total Units: 2
SqFt Source: LA Measured
Rentals Allowed: With Restrictions
Min Rental Days: 28
Style: Single Family
Year Built: 1974
Living Apx SqFt: 1830
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: INVESTORS PARADISE!
Situated on nearly 14,000 sq ft lot, this property offers premium access on a wide and deep canal, perfect for the ultimate boaters and savvy investors.
Solidly built concrete construction and a concrete roof, the existing home features a 2-bedroom, 1-bathroom, and main living area upstairs, plus a Permitted 1-bedroom, 1-bath guest suite downstairs—ideal for guests or extended family.
With ample space to expand, redesign, or completely reimagine, the oversized lot offers room for a luxury pool, extensive outdoor living areas, and additional square footage. This is a blank canvas and one of the most desirable Investment opportunities in the heart of Key Largo. Whether you're looking to renovate for personal enjoyment or unlock the property's full investment potential, this is your chance to capitalize on size, structure, and location —bring your vision and create your slice of paradise.
Association Info
Mandatory Home Owners Asc: No
Voluntary Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
License Info
# of City License: 1
Fee Includes
None: 1
Dockage
Dock Length: 50
Dock: Concrete
Davits: 1
Seawall: Concrete
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Freezer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Pets
Pets Allowed: 1
Cooling
Central Air: 1
Waterfront
Canal Front: 1
Waterview
Canal View: 1
Floor
Concrete: 1
Vinyl: 1
Building Style
Above Flood: Yes
Split Level: 1
Vehicle Storage
Car(s): 4+
Guest Parking: 1
Off Street Parking: 1
Trailer Storage: 1
Construction
CBS: 1
Concrete: 1
Land Size
1/4 - 1/2 Acre: 1
Furnished
Unfurnished: 1
Terms
Cash: 1
Conventional: 1
Utilities
Buyer to Verify: 1
FKAA: 1
Municipal Sewer: 1
Exterior Features
Shed: 1
Roof
Concrete Roof: 1
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View
Dockage: Davits
Building Style: Split Level
Vehicle Storage: Guest Parking; Off Street Parking; Trailer Storage
Furnished: Unfurnished
Cooling: Central Air
Utilities: Buyer to Verify; FKAA; Municipal Sewer
Appliances: Dishwasher; Freezer; Microwave; Oven; Refrigerator
Exterior Features: Shed
Construction: CBS; Concrete
Floor: Concrete; Vinyl
Roof: Concrete Roof
Pets: Pets Allowed
Land Size: 1/4 - 1/2 Acre
Terms: Cash; Conventional
Listing Office:
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Last Updated: July - 18 - 2025
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.