226 Lignumvitae Dr, Key Largo, FL 33037

$650,000
1
BD
1
BA
1,429
SqFt

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List Price
$650,000
MLS#
620626
Status
ACTIVE
Island
Key Largo
County
Monroe
City
Key Largo
Area
Key Largo MM 97-107
Subdivision
Pamela Villa (102.5)
Neighborhood
27 - Key Largo MM 97-107
Bedrooms
1
Bathrooms
1
Living Area
1,429
Acres
0.25
Year Built
1987
Days on Market
13

Property Description

A smart buy in the heart of the Upper Keys. This 1,429-square-foot single-family home sits on an oversized double lot (50x107 each) totaling 10,700 square feet -- a rare amount of land for Key Largo, offering room to expand, add a pool, or simply enjoy extra space that's increasingly hard to find on the island. Priced at a point that's tough to beat, it's ideal for an investor, first-time buyer, or anyone looking to build equity in one of South Florida's most in-demand markets. Sold as-is, this property is a strong candidate with the double lot adding meaningful upside for future development or expansion. Located in an X Flood Zone, the property offers a real advantage on insurance costs compared to many Keys homes in higher-risk zones -- a key factor for both owner-occupants and investors calculating carrying costs. Key Largo's year-round tourism and steady demand for both long-term and vacation rentals make this an opportunity worth a serious look. No direct water access further keeps carrying costs (insurance, HOA) more manageable than comparable waterfront listings nearby -- while still delivering easy access to Florida Bay, the Atlantic, and everything the Keys lifestyle offers just minutes away. Whether you're adding to a real estate portfolio or looking for an entry point into the Keys market with room to grow, 226 Lignumvitae is priced and positioned to perfom. Please call for details.

Additional Information

Taxes
$1,499
Appliances
Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
Roof
Concrete
Property Condition
Fixer
Zoning
IS - Improved Subivision District

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Calculator source: Real Geeks

Listing Courtesy Of Coldwell Banker Schmitt Islamorada, Contact: 305-664-4470