$2,500,000

778 Canal St Key Largo, FL 33037

$10,000
Closing credit¹
3 beds
2 full
1,830 sqft
$1,366 / sqft
House

Property details

About 778 Canal St

INVESTORS PARADISE!Situated on nearly 14,000 sq ft lot, this property offers premium access on a wide and deep canal, perfect for the ultimate boaters and savvy investors.Solidly built concrete construction and a concrete roof, the existing home features a 2-bedroom, 1-bathroom, and main living area upstairs, plus a Permitted 1-bedroom, 1-bath guest suite downstairs--ideal for guests or extended family.With ample space to expand, redesign, or completely reimagine, the oversized lot offers room for a luxury pool, extensive outdoor living areas, and additional square footage. This is a blank canvas and one of the most desirable Investment opportunities in the heart of Key Largo. Whether you're looking to renovate for personal enjoyment or unlock the property's full investment potential, this is your chance to capitalize on size, structure, and location --bring your vision and create your slice of paradise.

Highlights

Home typeSingle Family Residence
StatusActive
Size1,830 sqft
Year built1974
ParkingOff Street
MLS #615287
Garage4 spaces
ViewCanal

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Refrigerator, Microwave, Oven
  • Flooring Type: Concrete
  • Total Bedroom Count: 3
  • Garage Space: 4 spaces
  • Parking: Off Street
  • View: Canal
  • Architectural Style: Single Family
  • List Price: $2,500,000
  • Price/SqFt: $1,366
  • Annual Tax Amount: $5,462
  • Tax Year: 2023
  • Lot: Waterfront
  • Year Built: 1974
  • Living Area: 1,830 SqFt
  • MLS Number: 615287
  • MLS Name: FloridaKeys
  • Office Name: Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
  • Office Phone: (305) 664-4444
  • Listing Agent: Kelsey Caputo

Copyright © 2025 The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors®, Florida Keys MLS, Inc. Real Estate Listings held by other brokerage firms other are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 12:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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778 Canal St, Key Largo, FL 33037

$2,500,000

778 Canal St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$778,227$5,462
2022$635,011$4,736
2021$482,287$4,736
2020$481,249$4,382
2018$466,280$4,326
2017$476,771$4,169

History based on county public records data.

Nearby schools

9

Ocean Studies Charter

Public Charter KG-5

10.2 mi

92295 Old Hwy

3

Miami Community Charter School

Public Charter KG-5

22.4 mi

101 S Redland Rd

2

Florida City Elementary School

Public District PK-5

22.7 mi

364 NW 6th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,230. Typical income of Key Largo, FL residents is less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

49%
<35k
25%
35k-100k
16%
100k-200k
10%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
5%
Single, with Kids
34%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
12%
18-34 yrs old
54%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • Stein MartStein Mart
  • KmartKmart

Where do the neighbors go to eat?

  • ArbysArbys
  • Bob EvansBob Evans
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • LincolnLincoln
  • BuickBuick

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 778 Canal St

The listing price of 778 Canal St property is $2,500,000.

The property 778 Canal St is a house located in Key Largo, Florida, 33037.

Active Listing: 778 Canal St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 778 Canal St are: Ocean Studies Charter (GreatSchools Rating 9/10), Miami Community Charter School (GreatSchools Rating 3/10), Florida City Elementary School (GreatSchools Rating 2/10), Key Largo School (GreatSchools Rating 6/10), Plantation Key School (GreatSchools Rating 8/10), Treasure Village Montessori Charter School (GreatSchools Rating 10/10), Coral Shores High School (GreatSchools Rating 5/10), Miami Community Charter High School (GreatSchools Rating 3/10), Keys Gate Charter High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $5,462 (source: MLS/based on county public records data).

The property at 778 Canal St has 3 bedrooms and 2 bathrooms.

The property 778 Canal St is 1,830 SqFt (source: MLS/tax record).

The year of construction for 778 Canal St is 1974.

This home is located at 778 Canal St in Key Largo, FL and zip code 33037. This 1,830 square foot home was built in 1974. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 2, 2025 and is currently priced at $2,500,000.

Over 0 listings were sold over their listed price in May 2025 in Key Largo, FL. In the same period over 33 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Key Largo, FL between April and May 2025 increased by 6.4%. In May 2025 median list price was $876,750 and the average listing age was 109 days.

From Rocket Homes Real Estate and based on county public records data.

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