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.
| MLS # | 620626 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1987 |
| Days On Site | 43 |
| Listing Provided By | Coldwell Banker Schmitt Islamorada | Kristin Herold |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,429 |
| Zoning | IS - Improved Subivision Distric |
| Acreage | 0.25 |
| Water Front | None |
| Property View | No Waterview |
| Property | 1499 |
|---|
| State | FL |
|---|---|
| County | Monroe |
| City | KEY LARGO |
| Zip Code | 33037 |
| Area | 27 Key Largo MM 97 107 |
| Community Name | Pamela Villa (102.5) |
| Listing VS Median (in Pamela Villa (102.5)) | |
Price: $650,000 low | high Med: $677,000 sqft: 1,429 low | high Med: 1,062 $ / sqft: $455 low | high Med: $638 On site: 43 low | high Med: 245.5 | |
| State | FL |
|---|---|
| County | Monroe |
| City | KEY LARGO |
| Zip Code | 33037 |
| Area | 27 Key Largo MM 97 107 |
| Community Name | Pamela Villa (102.5) |
| Listing VS Median (in Pamela Villa (102.5)) | |
Price: $650,000 low | high Med: $677,000 sqft: 1,429 low | high Med: 1,062 $ / sqft: $455 low | high Med: $638 On site: 43 low | high Med: 245.5 | |