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For sale
  • Price cut: $50K (11/15)
    $2,450,000

    1176 Thatch Ln, Cudjoe Key, FL 33042

    2beds
    1,577sqft
    : 
    Single Family Residence
    Built in 1984
    0.57 Acres Lot
    $-- Zestimate®
    $1,554/sqft
    $-- HOA

    What's special

    Waterfront gemExtra large pool deckFull size poolHot tubPrivate observation deckDirect ocean viewsNew ac
    Unobstructed Ocean views, your own Private Oasis! On a canal with easy access to both the Ocean and Back Country. Whether you're seeking a full time residence, vacation getaway, or income-producing investment, this waterfront gem checks every box! Huge 24,829 Sqft LOT with plenty of room to add on. The home has consistent vacation rentals booked 4+ months out of the year, every year!! (income producing property) Built in 1984 with a well-planned 1577 sqft floorplan, perfectly situated on a corner, oceanfront 24,829 sqft lot. This beautiful home is a must see!! Granite kitchen countertops, brand new stainless steel appliances, new AC, new tankless water heater, impact doors and windows and much more! Master bedroom on the top floor has the most spectacular ocean views and sunrises. Double sliding doors lead out to a huge private observation deck. The pool is hands down the show stopper of this property. Soak up the sun in this huge full size pool and a hot tub, or enjoy the sunsets while grilling out with your guests on the extra large pool deck. Located at the end of a quiet, dead-end street, the home sits on the ocean end of the canal. Property includes a private boat ramp and dock with room for a 25 foot boat and plenty of room to park multiple boat trailers in the yard. With views of American Shoal Lighthouse in the distance, this homes location is perfect for trips to the reef, as well as back country for flats fishing. Some of the best fishing spots in the Florida Keys are just minutes away! Situated between Key West and Marathon, we are in the ideal location. Just a 25 minute drive into Key West you can enjoy Sunset Celebrations at Mallory Square, have a stroll down Duval Street, and dine at some of the best restaurants in the Florida Keys. Only 25 mins to the north towards Marathon you can enjoy Bahia Honda State park and Sombrero beach.
    257 days
    |
    1,361
    |
    61
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 15, 2025 at 04:06am

    Listed by:

    Jonathan Minerick 888-400-2513,

    Homecoin.com

    Source: FLKMLS,MLS#: 614543MLS LogoOriginating MLS: Marathon/Lower Keys

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air, Ceiling Fans(s), Heat Pump
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
    Features
    • Split Bedroom, Walk-In Closet(s), Granite Counters, Built-in Cabinets
    • Flooring: Tile
    • Doors: Sliding Glass Doors, Impact Rstnce Doors
    • Windows: Window Treatments, Impact Rstnce Window, Accordion
    Interior area
    • Total interior livable area: 1,577 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Open, Covered, Guest
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Open Porch/Balcony, Deck, Screened Patio, Patio, Screened P/B
    • Exterior features: Storage, Sprinkler System
    • Has private pool: Yes
    • Has spa: Yes
    • Spa features: Private
    • Fencing: Fenced
    • Has view: Yes
    • View description: Ocean, Water
    • Has water view: Yes
    • Water view: Ocean,Water
    • Waterfront features: Oceanfront, Canal Front, Waterfront, Dockage: Boat Lift, Boat Ramp
    Lot
    • Size: 0.57 Acres
    • Dimensions: 0.57
    • Features: 1/2 - Less Than 1 AC
    Details
    • Additional structures: Chickee Hut
    • Parcel number: 00186540000000
    • Zoning: IS
    • Zoning description: Improved Subivision District

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other Bldg Style
    • Property subtype: Single Family Residence
    Materials
    • Hardi Board Siding
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Water: Cistern
    • Utilities for property: FKAA, Cable Connected

    Community & HOA

    Community
    • Features: Bike Paths
    • Security: Smoke Detector(s), Security System, Electric Gate
    • Subdivision: Cutthroat Harbor Est (23.0)
    HOA
    • Has HOA: No
    • Services included: Other
    Location
    • Region: Cudjoe Key

    Financial & listing details

    • Price per square foot: $1,554/sqft
    • Tax assessed value: $2,500,000
    • Annual tax amount: $26,981
    • Date on market: 4/8/2025
    • Listing terms: Cash,Conventional
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    11/15/2025Price change$2,450,000-2%$1,554/sqft
    Source: Key West AOR #614543 Report a problem
    10/21/2025Price change$2,500,000-3.7%$1,585/sqft
    Source: Key West AOR #614543 Report a problem
    10/10/2025Price change$2,595,000-2.1%$1,646/sqft
    Source: Key West AOR #614543 Report a problem
    10/8/2025Pending sale$2,650,000$1,680/sqft
    Source: FLKMLS #614543 Report a problem
    8/28/2025Price change$2,650,000-3.6%$1,680/sqft
    Source: MLKAR #614543 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$22,182 -17.8%$2,500,000 -15.6%
    2024$26,981 +16.1%$2,962,479 +10%
    2023$23,244 +243.4%$2,693,163 +242.5%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $14,950/mo
    Principal & interest
    $12418
    Property taxes
    $1674
    Home insurance
    $858

      Climate risks

      Neighborhood: 33042

      Nearby schools

      GreatSchools rating

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