#613719, LISA FRINS P.A., Listing office: Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
778 Canal St Key Largo, FL 33037
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
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
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 10:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$2,500,000
778 Canal St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
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
Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $37,230. The most common annual income of people living in Key Largo, FL is less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
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.
Key Largo, FL housing market in May 2025 saw over 0 listings sold above listed price, more than 4 sold at listed price and over 33 sold below. Between April and May 2025, Key Largo, FL real estate market has seen increase in the number of listings by 6.4%. The median list price of listings available in May 2025 was $876,750, while the average time on the real estate market was 109 days.