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.
For sale
Price cut: $50K (11/15)
$2,450,000
1176 Thatch Ln, Cudjoe Key, FL 33042
2beds
1,577sqft
Est.:
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
- 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#: 614543
Originating 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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/15/2025 | Price change | $2,450,000-2%$1,554/sqft |
Source: | ||
| 10/21/2025 | Price change | $2,500,000-3.7%$1,585/sqft |
Source: | ||
| 10/10/2025 | Price change | $2,595,000-2.1%$1,646/sqft |
Source: | ||
| 10/8/2025 | Pending sale | $2,650,000$1,680/sqft |
Source: | ||
| 8/28/2025 | Price change | $2,650,000-3.6%$1,680/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
- 5/10Sugarloaf SchoolGrades: PK-8Distance: 3.5 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 19.9 mi
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