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$650,000
Key Largo, FL 33037
MLS# 620626
1 beds | 1 baths | 1429 sqft
1 / 8
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.
Details
Maps
Contract Information
Listing Board: Florida Keys
As is Rght to Inspct: Yes
Species List: No
Current Price: $650,000
Listing Date: 2026-07-14
List Price: $650,000
Location, Tax & Legal
City: KEY LARGO
Off Shore Island: No
Mile Marker: 102.5
Marathon Neighborhood: N/A
Senior Community YN: No
Side: Ocean
Flood Zone: X,0.2 PCT ANNUAL CHA
Alternate Key #: 1569119
Parcel #: 00465690-000000
Zoning: IS - Improved Subivision District
Deed Restrictions: No
Legal: BK 9 LTS 9 - 10 PAMELA VILLA PB3-125 KEY LARGO OR554-992 OR606-811 OR625-130 OR626-817 OR787-751 OR821-133 OR871-2216 OR
Taxes: 1499.32
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 226
Street Name: Lignumvitae
Street Suffix: Drive
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
County: Monroe
Subdivision: Pamela Villa (102.5)
Area: 27 - Key Largo MM 97-107
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: No
Control Depth: 0
Lot Size: 100x107
Lot SqFt: 10700
Pool: No
Lot Sqft Source: Tax Records
Total Units: 0
Acres: 0.25
SqFt Source: Tax Records
Rentals Allowed: Yes
Style: Single Family
Year Built: 1987
Living Apx SqFt: 1429
Total Bedrooms: 1
Full Baths: 1
Total Baths: 1
Remarks & Misc
Remarks – Consumer: 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.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
Homestead: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Pets
Pets Allowed: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Property Condition
Fixer Upper: 1
Building Style
Above Flood: Yes
Vehicle Storage
Carport: 1
Construction
Concrete: 1
Land Size
More than 1 Lot: 1
Utilities
FKAA: 1
Roof
Concrete Roof: 1
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: Homestead
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: Fixer Upper
Vehicle Storage: Carport
Utilities: FKAA
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Construction: Concrete
Roof: Concrete Roof
Pets: Pets Allowed
Land Size: More than 1 Lot
Room Information
| Room Name | Level |
| Bedroom 1 | Main |
| Living Room | Main |
Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: July - 14 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.