18 Kay Drive, Key Largo, FL 33037

$890,000 — Active

Property Features

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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.

▼ Price Reduced — originally listed at $990,000

Property Details

  • Listing ID: A12062683
  • Status: Active
  • Listing Date: 2026-08-03
  • Property Type: Unimproved Land
  • Subdivision:
  • County: Monroe
  • MLS Area: 5940 - Other Florida County
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: N/A
  • Lot Dimensions: 163786

Financial

  • List Price: $890,000
  • Original List Price: $990,000
  • HOA Fee: None
  • Taxes: $902/yr

Features & Amenities

Courtesy of Keller Williams Capital Realty
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RAPB

© 2026 Starfish Real Estate. Listings updated Nov 5, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.