Aerial view of Raes Cuda Canal

Raes Cuda Canal
Homes for Sale in Key Largo, FL

All 268 homes for sale in Key Largo, FL · median $829,950 · 213 homes for sale in 33037 · Monroe County homes for sale

Community in Key Largo · Monroe County · ZIP 33037
40 homesBuilt 1956–2020
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Built fromLive Florida Keys MLS data19 years of closingsFL DOR public recordsUpdated twice daily

Nearby homes for sale

No active listings inside RAES CUDA CANAL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

615 Cuda Lane
$1.35M · 0.0 mi away
3 bd · 2 ba
615 Cuda Lane
Listed by EXP Realty, LLC
704 Grouper Lane
$2.16M · 0.1 mi away
3 bd · 3 ba
704 Grouper Lane
Listed by Coldwell Banker Schmitt Islamorada
94825 Overseas Highway #254
$949K · 0.1 mi away
3 bd · 3 ba
94825 Overseas Highway #254
Listed by Coldwell Banker - Pinecrest
807 Bonito Lane
$1.90M · 0.1 mi away
4 bd · 3 ba
807 Bonito Lane
Listed by Coldwell Banker Schmitt Key Largo
94825 Overseas Highway #8
$1.30M · 0.1 mi away
3 bd · 2 ba
94825 Overseas Highway #8
Listed by Help You Save Realty
94825 Overseas Highway #209
$1.35M · 0.1 mi away
3 bd · 2.5 ba
94825 Overseas Highway #209
Listed by TruRes Real Estate, Inc.

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

RAES CUDA CANAL key facts
LocationKey Largo, Monroe County, FL · ZIP 33037
Homes in the community40 (FL DOR 2025 assessment roll)
Years built1956–2020 (median 1980.0)
Typical living area1,460 sq ft (median)
Owner-occupied (homestead) share26%

Data as of September 20, 2026. Listing data provided by Florida Keys MLS, Inc. Information is deemed reliable but is not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “RAES CUDA CANAL key facts,” movewithmomentum.com/neighborhoods/raes-cuda-canal, data as of September 20, 2026.

Live · Raes Cuda Canal Housing Pulse Florida Keys MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
26%
Owner-occupied · Raes Cuda Canal
12 of 46 parcels homesteaded (FL DOR 2025)
74%
Non-owner-occupied · Raes Cuda Canal
incl. 17% trust or LLC-held · 9% out-of-state
40
Homes in the community
plus 6 vacant residential lots · 46 residential parcels (FL DOR 2025)
Track record · 19 years of records
Est. 1956
Community established
homes built 1956-2020, median 1980 (FL DOR 2025)
2.5%/yr
Turnover rate
about 1 of 40 homes trade a year

The market around Raes Cuda Canal

Raes Cuda Canal is too small for its own price trend, so here is the market around it.

In ZIP 33037, 255 homes are on the market and 16% are under contract — a slower corner of Key Largo.

Across Monroe County, 1,268 homes are active and 244 pending (16% under contract).

ZIP and county figures describe the wider market, not Raes Cuda Canal specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in RAES CUDA CANAL, Key Largo

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 30 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-09-19)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing data provided by Florida Keys MLS, Inc. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

If we were buying in Raes Cuda Canal today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Raes Cuda Canal.

A closer look at the Raes Cuda Canal market

The housing stock is 40 homes built between 1956 and 2020, and 26% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in Raes Cuda Canal. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Raes Cuda Canal homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Raes Cuda Canal.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Raes Cuda Canal sales matched to your home.

What is your Raes Cuda Canal home worth?

Get a no-obligation home value based on real comparable sales in Raes Cuda Canal, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Raes Cuda Canal?
The Florida DOR 2025 assessment roll shows 40 homes plus 6 vacant residential lots in Raes Cuda Canal (public records).
What share of Raes Cuda Canal is owner-occupied?
26% of Raes Cuda Canal parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Raes Cuda Canal built?
Homes in Raes Cuda Canal were built between 1956 and 2020, with a median year built of 1980.0 (FL DOR 2025 roll).
Who is the best real estate agent for Raes Cuda Canal?
The best agent for Raes Cuda Canal is one who actively works Key Largo and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Raes Cuda Canal.
How do I find a top Key Largo real estate agent who knows Raes Cuda Canal?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Raes Cuda Canal and the wider Key Largo area.
Can Momentum Realty connect me with an agent for Raes Cuda Canal?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Raes Cuda Canal purchase or sale - no call center and no pressure.
Where is Raes Cuda Canal, and what county is it in?
Raes Cuda Canal is in Key Largo, Monroe County, FL, ZIP 33037.

Data sources & freshness

Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 33037))
Under-contract sharesFlorida Keys MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2007 (22 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Florida Keys MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Florida Keys MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Nearby Communities

Explore more neighborhoods near Raes Cuda Canal with Momentum Realty’s local guides.

Sunrise Point0.1 mi away · median $750K, 4 sales/12 moBay Harbor (Monroe)0.2 mi away · 59 homes, built 1947–21Sunset Point (Monroe)0.3 mi away · median $715K, 3 sales/12 moBay Haven0.3 mi away · 241 homes, built 1950–24Seaside (Monroe)0.4 mi awayLime Grove Estates (Monroe)0.4 mi away · 118 homes, built 1960–23Sunset Hammock0.8 mi awaySilver Shores (Monroe)0.8 mi away · median $410K, 5 sales/12 mo

Browse all neighborhood guides →

Thinking of selling in RAES CUDA CANAL? 1 recorded closings (window ending 2026-09-20). See the Monroe County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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