The Matanzas warehouse key is found in northwestern Matanzas, near the crocodile/swamp area by the dock, after starting from the local fast travel point and heading right toward the two guards overlooking the water.
Matanzas is a plantation warehouse stop, so the key is on the island’s own route rather than hidden inside the warehouse building. The short path from fast travel is enough for the first raid as long as you use the dock-side swamp landmarks.
Key spot on Matanzas
| Detail | Location |
|---|---|
| Island | Matanzas, in the Dry Tortuga region |
| Area | Northwestern Matanzas, on the plantation side |
| Nearby landmark | Swamp/crocodile route by the dock |
| Use of the key | Opens the Matanzas warehouse |
KEY!For the first warehouse raid, focus on the northwestern side of Matanzas. Older coordinate notes are useful only for getting onto the right island; once you are there, the better markers are the two dock guards and the nearby crocodile encounter.
Use the crocodile as your marker: if you are climbing the fort or tower first, turn back toward the dock-side plantation path.
How to get Matanzas warehouse key in Assassin’s Creed IV: Black Flag
Start at the Matanzas fast travel point and stay on the right-hand route until the dock guards and crocodile bring you to the key.
STEP 1/8
Start at the fast travel point

Begin at the local Matanzas fast travel point before moving down into the plantation.
STEP 2/8
Jump down

Drop from the fast-travel perch and set up for the short route toward the dock side.
STEP 3/8
Stay to the right

Hop forward and keep right as the path opens.
STEP 4/8
Spot the dock guards

Look for the two guards standing together and looking out over the dock.
STEP 5/8
Listen from nearby

Hold back while the guards finish their conversation.
STEP 6/8
Sneak in after they finish

Move up quietly once the talking stops so you can reach the key spot cleanly.
STEP 7/8
Slip past the crocodile

A crocodile blocks the swampy edge of the route, so ease past it instead of fighting the whole area.
STEP 8/8
Take the warehouse key

Loot the key holder beside the crocodile-side dock spot to get the Matanzas warehouse key.
Video help
Warehouse rewards after the key

The Matanzas warehouse key opens the locked Matanzas warehouse. Inside, collect the warehouse loot and the painting; paintings help decorate Great Inagua manor and count toward the Dilettante trophy and achievement.
The Matanzas haul includes 75 wood, 40 metal, 50 cloth, 40 rum, and 50 sugar, with rum and sugar worth 1,600R and a 750R no-bells bonus. Warehouses can be raided again after a 2-hour cooldown, and Kenway’s Fleet Frigate missions can speed up the restock wait.
Wrong turns around Matanzas
Do not treat this key like a full-island sweep. The first-raid route is tied to the plantation side near the dock and crocodile, so fort interiors, tower crates, and random rooftops are distractions until the warehouse key is handled.
The version wrinkle that matters is whether this is your first warehouse raid or a later restock. First-time warehouse key placements are fixed, but repeat raids can randomize the key location, so a return visit may not match the first pickup route.
Repeat raids are still worth doing for money, materials, and possible Preserved Map pieces for the Treasure Dealer in Great Inagua. For this specific key route, though, the important part is the first Matanzas warehouse unlock.
Frequently Asked Questions
Where is the Matanzas warehouse key?
It is in northwestern Matanzas, reached from the island’s fast travel point by taking the right-hand route toward the dock guards and swamp.
Is the key on a guard or near the crocodile?
Use both clues together: the pickup is at the crocodile-side dock route, next to the key-holder moment at the end of the short path. Get past the crocodile and loot the key there.
What are the Matanzas warehouse coordinates?
Older coordinate references place Matanzas around 333,642 or 333,650, while another note uses about 302,620. Treat those numbers as rough orientation, because the pickup is easier to find by landmarks.
Why is the key not at an older location?
If you have already raided the warehouse once, you may be on a later run. Warehouse keys use fixed first-raid placements, then can shift on repeat visits.
Can you raid the Matanzas warehouse again?
Yes. After the warehouse restocks, you can raid it again for more rewards; the repeat run is mainly for resources rather than the first-time painting pickup.







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