Home in 22920 Privateer Drive, Cudjoe Key, FL 33042 for sale with MLS# B26007553

Following a monumental $200,000 price drop, this rare waterfront opportunity is available at an unbeatable price point. Launch your boat from your backyard for world-class access to the Atlantic Ocean and Gulf of Mexico. Unlock instant equity with virtual additions in the photos and below-market pricing; there is significant room to secure this property way below market value after completing updates similar to those shown. An update list with estimated pricing is provided upon request. This diamond in the rough is priced for a quick sale, allowing you to build custom equity from day one. With a solid foundation & breathtaking panoramic views, it's the ultimate project for a savvy investor to turn this house into the crown jewel of the shoreline! At this reduced price, it won't last.

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22920 Privateer Drive, Cudjoe Key, FL 33042

Price
Price:
$590,000.00
Original List Price:
$790,000.00
List Price per Sq Ft (Calculated, Approx.):
$378.2
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Contingency:
Pending
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Status Change
Last Major Update on:
July 27, 2026 2:27 pm
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
2
Full Bath:
2
Room Type:
Kitchen, Living Room, Master Bedroom
Master Bedroom Bath:
Master Bdrm - Upstairs
Dining Area:
Dining/Living Room
Measures
Living Area:
1,560 Sqft
Built-Up Area:
3,392 Sqft
Building Area Source:
Other
Living Area Source:
Other
Lot Size Acres:
0.14
Property Features
View from the Property:
Water
Waterfront:
Yes
Waterfront Features:
Seawall, Other
Appliances:
Dryer, Dishwasher, Refrigerator, Washer, Cooktop, Electric Range, Electric Water Heater, Water Heater, Range, Oven, Electric Cooktop
Interior:
Kitchen Island
Exterior:
Balcony, Other
Patio and Porch:
Patio, Deck, Porch, Patio - Open, Porch - Open
Windows:
Other
Laundry:
In Unit
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Fence:
Other
Property Entrance Faces:
Southwest
Balcony Details:
Balcony - Open
Construction
Year Built:
1980
Roof:
Metal
Architectural Style:
Other
Levels:
Three Or More,two
Entry Level (floor):
2
Entry Level Location:
Front
Construction Materials:
Aluminum Siding
Flooring:
Carpet, Tile, Wood, Other, Concrete
Number of stories:
3
Structure Type:
House
Stories:
2
Foundation Details:
Pillar/Post/Pier, Raised
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$3,461.13
Tax Year:
2025
Tax Assessed Value:
$375,671.00
Property Tax Details:
City/County
Parking
Parking Total Spaces:
4
Carport Spaces:
1
Covered Spaces:
1
Parking Features:
Driveway, Attached, Attached Carport, Carport
Carport
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
CUTTHROAT HARBOR ESTS
Senior Community:
No
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Close Of Escrow
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
BK 20 LT 15 CUTTHROAT HARBOR ESTATES CUDJOE KEY PB4-165 OR553-884 OR805-508 OR823-2419 OR948-234/235 OR1501-1125/26 OR1653-651 OR1655-2343C
Real Estate Folio Number (Parcel Number):
00180830000000
Zoning:
is
Public Schools Assigned
Elementary School:
Forest Lakes Elementary-pn
High School:
Key West
Middle Or Junior School:
Sugarloaf
Listing History
Active on the market since:
April 30, 2026
Listing Agreement executed on:
March 27, 2026
Purchase Contract Date:
July 27, 2026
Price change occurred on:
April 19, 2026 10:19 pm
Listing Status Last Changed On:
July 27, 2026 2:27 pm
Photos updated on:
May 5, 2026 10:03 pm
Last Modified:
July 27, 2026 2:28 pm
Additional Information
Courtesy of:
Global Luxury Realty LLC
Attribution:
Not provided
Location
Street Name:
Privateer
Street Number:
22920
City:
Cudjoe Key
State:
Florida
Zip Code:
33042
County:
Monroe
Latitude:
N24° 39' 40.7''
Longitude:
W82° 31' 25.3''
Street Suffix:
Drive
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $101,625
Median Home Value $759,600
Median Rent $2,252/mo
Median Age 52
Population 6,781
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. The information 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. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.