$1,055,000
29051 Magnolia Lane
Big Pine Key, FL 33043
Listing updated: March 7, 2026 at 12:01 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
About this home
Experience Florida Keys waterfront living in the heart of Big Pine Key. This canal-front home with a full concrete seawall and direct boating access offers an exceptional opportunity to enjoy the relaxed Lower Florida Keys lifestyle surrounded by world-class fishing, diving, and boating. The elevated main home features a 2 bedroom, 2 bathroom layout with an open living area, spacious kitchen with built-in cabinetry extending into the dining area, and pocket sliding doors leading to a screened porch overlooking the canal—the perfect place to relax and enjoy the island breeze after a day on the water. Downstairs is a pre-FIRM finished enclosure offering approximately 480 square feet with an additional 1 bedroom and 1 bathroom, providing flexible space for guests, hobbies, or extra storage. The fenced lot, drive-through garage, and large utility/laundry area provide plenty of room for boating gear, fishing equipment, and all the essentials for waterfront living. One of the property’s most unique features is the added privacy with no neighbors on one side, as the county owns the two adjacent lots which will remain undeveloped, creating additional space and a peaceful setting. Located in the desirable Eden Pines neighborhood of Big Pine Key, the home is just minutes from the community boat ramp, local restaurants, and shopping. Outdoor enthusiasts will appreciate being close to some of the Keys’ most beloved destinations including Bahia Honda State Park, the National Key Deer Refuge, and the Looe Key National Marine Sanctuary, known for its incredible snorkeling and diving. Spend your days boating to nearby sandbars, fishing the backcountry flats, paddleboarding through mangrove channels, or enjoying sunset cruises. Only about 30 minutes from the dining, nightlife, and culture of Key West, this property is ideal whether you're looking for a Florida Keys waterfront home, Big Pine Key canal-front retreat, vacation getaway, or investment opportunity in the Lower Keys.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history342 days on market
- Status: ActiveMar 5, 2026
- Listed$1,165,000Mar 24, 2025
- Price reduced$1,055,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 342
- Subdivision
- Eden Pines Colony
- County
- Monroe
- Year built
- 1976
- Living area
- 1,344 sq ft
- Price/sq ft
- $785
- Building area
- 2,688 sq ft (Public Records)
- Lot size
- 5,100 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12087C1309K)
- Garage
- 1 spaces
- Annual taxes
- $6,244 (2024)
- Parcel #
- 00267030-000000
- Zoning
- IS
- MLS #
- G5094765
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 3
- Flooring
- Ceramic Tile, Wood
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters
- Laundry
- Laundry Room
- Stories / Levels
- Two
- Direction faces
- South
- In-law suite
- Yes
Heating & Cooling
- Heating
- Zoned
- Cooling
- Mini-Split Unit(s)
Parking
- Garage spaces
- 1
- Attached garage
- Yes
- Parking features
- Boat, Covered, Ground Level, Off Street
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- 28 night minimum rental according to Monroe County STR Ordinance
Exterior & Construction
- Exterior features
- Balcony, Garden, Hurricane Shutters, Sliding Doors
- Construction materials
- Block
- Roof
- Metal
- Foundation
- Slab, Stilt/On Piling
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Electricity Connected, Public, Sewer Connected
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Upper | |
| Kitchen | Upper | |
| Primary Bathroom | Upper | |
| Balcony/Porch/Lanai | Upper | |
| Bedroom 2 | Upper | |
| Bathroom 2 | Upper | |
| Bathroom 3 | First | |
| Bedroom 3 | First | |
| Living Room | Upper |
Listing Details
- Listing date
- 2025-03-24
- On market date
- 2025-03-24
- Original list price
- $1,165,000
- Occupant type
- Owner
- MLS area
- 33043 - Big Pine Key
- Listing AOR
- Orlando Regional
- Status changed
- 2026-03-05
- Tax legal description
- BK 10 LT 15 EDEN PINES COLONY PB4-158 BIG PINE KEY OR595-301 OR757-1619 OR1804-1928 OR1825-2497 OR1834-1879/80 OR2587-1573 OR3047-1741 OR3223-1141
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Overseas Hwy. to MM 30.5, at traffic light turn onto Key Deer Blvd, left on Palm Ave, left on Bittersweet, right on Magnolia.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of March 7, 2026 at 12:01 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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