PendingReduced $124,000 from $1,689,000Virtual tour

$1,565,000

3 beds2,169 sq ft0.17 acres

365 Loeb AveKey Largo, FL 33037

Homes, condos and townhomes · MLS 11922395 · Listed 151 days ago (Jun 3, 2026)

Ocean or gulf · Canal · Direct parcel frontage · Waterfront details

Report a problem

Pending: An offer has been accepted and the sale is expected to close.

About this property

Discover the essence of the Florida Keys lifestyle with approximately 165 feet of prime ocean-side dockage with a seawall. West dock needs repairs along with another 35 feet of buildable concrete/wood dockage in Key Largo. Positioned on a corner lot on a Cul~de~sac, this exceptional waterfront property offers outstanding privacy and direct boating access to the ocean in approximately 10 minutes via a single waterway. The main residence features three bedrooms and two baths, enhanced by soaring 10-foot ceilings, rich Brazilian cherry wood floors, granite kitchen countertops, and elegant marble-topped bathroom vanities. The spacious primary suite includes a large walk-in closet and a luxurious custom-built bath with a deep soaking tub. A separate in-law cottage provides the ideal space for guests, extended family, or an income-producing opportunity. A private balcony overlooks the water, while the expansive dock is designed for boating, fishing, and waterfront entertaining. The house has poured concrete pillars and double Sanibel straps attached to the roof. Located just minutes from John Pennekamp Coral Reef State Park, you are surrounded by some of the finest diving, snorkeling, and natural beauty in the Florida Keys. Easy access via Blackwater Sound and close proximity to Jewfish Creek, you are only minutes from both the Atlantic Ocean and Florida Bay - offering the best of both worlds. Go to the Drone video on the video Icon and you can see the canals to the Ocean.

Description provided by the listing brokerage.

MLS-reported waterfront

Waterfront details

The listing represents the offered parcel itself as adjoining the water. This is what the listing reports, not a survey or a title finding.

Relationship to the water
Direct parcel frontage
Water type
Ocean or gulf, Canal
Water body
Not provided. Ask the listing agent.
Frontage length
Not provided. Ask the listing agent.
Water access arrangement
Not provided. Ask the listing agent.
Docks, slips, lifts, moorings
Dock reported
Dock depth
Not provided. Ask the listing agent.
Shoreline
Not provided. Ask the listing agent.
Seasonal or tidal conditions
Not provided. Ask the listing agent.
Boating limits (bridges, depth, open-water access)
Not provided. Ask the listing agent.

The listing reports a dock. It does not say whether the dock is private, shared or transferable, or what boats it fits.

Why this is listed as waterfront
  • WaterfrontYN “Yes”: The listing is marked waterfront.
  • WaterfrontFeatures “Ocean Front, Canal Front, Boat Dock”: Includes a "… Front" value describing frontage.
  • PropertyTypeDetail “house”: Property form used to read the frontage relationship.

Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront

Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Compass Florida, LLC.

Facts

List price
$1,565,000
Original list price
$1,689,000
Status
Pending
Property type
House
Bedrooms
3
Full baths
2
Interior area
2,169 sq ft
Lot size
0.17 acres (7,360 sq ft)
Year built
2006
County
Monroe County
MLS number
11922395
Annual property tax (2025)
$3,997

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Features

Exterior

  • Dock

Appliances

  • Washer
  • Range
  • Microwave
  • Water Heater
  • Refrigerator
  • Dryer
  • Dishwasher

Flooring

  • Tile
  • Hardwood

Parking

  • Carport
  • Driveway

Roof

  • Metal

Water

  • Public (Water Source)

Sewer

  • Other

Virtual tours

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Key Largo.

Price and status history

  • Original list price reported by the brokerage: $1,689,000

Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.

Estimate a monthly payment

$313,000
Illustrative. Replace with a quote from your lender.
From the listing (tax year 2025). Taxes can change after a sale.
Get a quote; rates vary widely by location.
Manufactured homes on a leased lot.
Applied only while the loan is over 80% of the price. Illustrative.

Estimated monthly payment

$8,705 per month

Principal and interest$7,913
Property tax$333
Homeowners insurance$458
Loan amount$1,252,000
Total interest over the term$1,596,857

An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.

Similar waterfront listings nearby

Waterfront listings of the same property type and water type in Key Largo, priced within 25% of this listing ($1,173,750 to $1,956,250), newest first. Each one passes the same waterfront rules. See all matches

Front View
For saleDock reportedVirtual tour

$1,295,000

2 beds

Ocean or gulf · Bay, harbor, inlet or soundDirect parcel frontage

325 Calusa St Lot 227Key Largo, FL 33037

House · MLS 11415032

Listing courtesy of Florida Realty of Miami Corp · MyStateMLS

Questions to ask before you buy

Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.

  1. Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
  2. Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
  3. What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
  4. How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
  5. What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
  6. What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
  7. How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
  8. How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
  9. What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.

Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)

Guides and next steps

Listing courtesy of Compass Florida, LLC. Listings provided by MyStateMLS.

Listing last updated by the brokerage Oct 22, 2026, 11:52 AM UTC. Waterfront Homes last received MyStateMLS data Nov 1, 2026, 2:01 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.