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2 Beds
2 Baths
1,080 sqft

$685,000

28 Tarpon Avenue, Key Largo FL, 33037

Price per sqft$634.26
Built in1949
Property size1,080 sqft
Property typeResidential

Overview

Active

Listed Jul 13, 2025

Updated Mar 7

Great investment property. This charming Keys cottage situated on 3 spacious lots, offers an incredible potential for investors to build their dream home. Located just a few blocks from Key Largo School and within minutes of local amenities, this property is ideally positioned for both convenience and seclusion. This property boasts a private waterfront homeowners' park complete with a boat ramp, a serene cove, and 72-hour dockage--perfect for boating enthusiasts. Although recently renovated this home is a tear down. Use it as is until you rebuild . The property has been brought to full compliance and offers excellent investment potential. Once the lots are no longer combined for tax purposes, you could build up to three homes on the property, making this an outstanding opportunity for development. Whether you're looking for a family retreat or an investment with future growth potential, this property is the perfect canvas. Just two minutes from the iconic Key Largo Stretch and an easy hour's drive to Miami, this is an unbeatable opportunity to own a piece of paradise with endless possibilities.

$4,557/mo

Est. mortgage payment based on a $685,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
615785

Interior Features

Bedrooms
2
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.36 Acres

Other Property Details

Taxes
$4,986
Tax Frequency
Annually
Association Fee Frequency
Yearly
View
Yes
MLS provider logo

Listed by Pedro 'Pete' Riveiro, PA with The Firm Realty Group
Listing Contact:  

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 3/7/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 3/7/2026 at 7:17 PM UTC

 

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