ROGO EXEMPTION APPROVED -- unlock the rare opportunity to build on a private waterfront double lot in the highly desirable Bermuda Shores subdivision of Key Largo. This tucked-away oasis features direct ocean access with a dock located behind the property, ideal for boating enthusiasts. Both lots have been combined into a single folio, creating a spacious parcel of over 18,000 square feet and exceptional future potential. Buyers can move forward with plans to build a custom waterfront home in one of the Keys' most sought-after neighborhoods. Owner financing available with negotiable terms. A unique chance to secure buildable waterfront property with dockage, privacy, and open-water access.
Lot/land
Price cut: $100K (1/13)
$895,000
561 Gordon Cir, Key Largo, FL 33037
--beds
--baths
8,900Square Feet
Unimproved Land
Built in ----
8,900 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Private waterfront double lot
- 66 days |
- 254 |
- 9 |
Zillow last checked: 8 hours ago
Listing updated: February 24, 2026 at 10:55pm
Listed by:
Denise Madan 786-334-8200,
Compass Florida, LLC
Source: FLKMLS,MLS#: 617803
Originating MLS: Florida Keys
Facts & features
Property
Features
- Has view: Yes
- View description: Canal
- Water view: Canal
- Waterfront features: Canal Front, Waterfront, Water Frontage, Dock: Wood
Lot
- Size: 8,900 Square Feet
- Features: 1/4 - 1/2 Acre
Details
- Parcel number: 00551007002800
- Zoning: URM
- Zoning description: Urban Res Mobile Home District
Utilities & green energy
- Water: Water Meter
- Utilities for property: Water Connected, Sewer Connected, Electricity Connected
Community & HOA
Community
- Features: Street Lights
- Subdivision: Bermuda Shores (103.0)
HOA
- Has HOA: No
Location
- Region: Key Largo
Financial & listing details
- Tax assessed value: $516,263
- Annual tax amount: $4,517
- Date on market: 12/23/2025
- Listing terms: Seller Finance Psble,Private Financing Available
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/13/2026 | Price change | $795,000-11.2% |
Source: | ||
| 12/30/2025 | Price change | $895,000-3.2% |
Source: | ||
| 11/10/2025 | Price change | $925,000+2.8% |
Source: | ||
| 10/17/2025 | Listed for sale | $900,000+2712.5% |
Source: | ||
| 10/1/1988 | Sold | $32,000 |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,517 +16.4% | $516,263 +44% |
| 2024 | $3,882 +7.6% | $358,397 +10% |
| 2023 | $3,607 +195.3% | $325,815 +217.2% |
| 2022 | $1,221 +1.3% | $102,729 +3% |
| 2021 | $1,205 +0.3% | $99,737 +1.4% |
| 2020 | $1,201 | $98,360 +2.3% |
| 2019 | $1,201 +1.3% | $96,149 +1.9% |
| 2018 | $1,186 +0.7% | $94,357 +0% |
| 2017 | $1,177 +0.4% | $94,318 +2.1% |
| 2016 | $1,173 -0.6% | $92,379 +0.7% |
| 2015 | $1,180 | $91,737 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 1.9 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 12.6 mi





