29051 MAGNOLIA LANE, BIG PINE KEY, FL, 33043
Active500 days on marketListed Mar 24, 2025MLS #G5094765
About this home
29051 MAGNOLIA LANE
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.
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
1,344
Sqft
0.12 ac
Lot size
1
Garage
1976
Year built
Two
Levels
$785
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$6,769 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$6,769/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Big Pine Key
Get to know Big Pine Key. See the full Big Pine Key guide →
BIG PINE KEY 33043 — neighborhood snapshot
Population
4,632
Median age
53.6
Median income
$92,955
Median home value
$563,700
Avg household
2.31
Households w/ children
418
For the school run
Monroe County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Big Pine Key market
$570K → $510K
Big Pine Key median sold, yr/yr
This home is listed 11% above the BIG PINE KEY 33043 median. See the full Big Pine Key market guide →
Paper trail
This home's history
Reality check
What actually sold near 29051 MAGNOLIA LANE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$615,000
Nearby listing · same community
2 bd · 2 ba · 1,336 sqft · $460/sqft · 4 DOM
Sold · Feb ’26$1,025,000
29039 Cedar Dr, Big Pine FL 33043 · same community
2 bd · 1 ba · 1,056 sqft · $971/sqft · 42 DOM
Sold · Oct ’25$880,000
29153 Cedar Drive, FL 33043 · same community
2 bd · 2 ba · 1,056 sqft · $833/sqft · 102 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 29051 MAGNOLIA LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 29051 MAGNOLIA LANE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
29051 MAGNOLIA LANE FAQs
What would the monthly payment be for 29051 MAGNOLIA LANE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,769/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 29051 MAGNOLIA LANE?+
The most recent tax bill on record (2024) was $6,244. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 29051 MAGNOLIA LANE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Big Pine Key?+
At $1,055,000, this home is priced right at the Big Pine Key median.
Which schools are assigned to 29051 MAGNOLIA LANE?+
Marathon School (high) — Monroe County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$1,055,000 runs 11% above the BIG PINE KEY 33043 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $1,165,000, now $1,055,000 — a $110K cut. The full history is in the market section below.
Listing courtesy of COMPASS FLORIDA LLC · Yvette Toledo-Baste, ABR. MLS #G5094765.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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