126 3rd Lane, Key Largo, FL 33037

$1,225,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,199 Lot Size (sq. ft.): 6,900 Status: Active
Current Price: $1,225,000 List Date: 7/09/2026 Last Modified: 8/20/2026

Description

Opportunity is knocking to create your ideal Florida Keys retreat. Nestled in a quiet neighborhood, this canal front stilt home features a spacious upstairs with 2 bedrooms, 2 full bathrooms and a large loft perfect for a home office or 3rd bedroom. The ground level expands the possibilities with a covered patio overlooking the canal and a versatile studio apartment/rec room complete with a full bathroom--ideal for guests or indoor/outdoor entertaining. The property features 45ft of dockage and a private ramp that can accommodate jet skis, kayaks, paddleboards or a small skiff. Get lost in paradise exploring the many creeks within Largo Sound and John Pennekamp State Park. This location also offers boating access to both the Atlantic Ocean and Florida Bay through South Creek Sound or Adams Cut. Great location near plenty of amazing restaurants, shopping and grocery. Whether you're searching for a full-time residence, weekend getaway, or investment property, this home offers solid bones, a desirable layout, and the chance to create something truly special in one of Key Largo's most sought-after boating communities. TENANT OCCUPIED, DO NOT ENTER PROPERTY WITHOUT PERMISSION.

More Information MLS# 620570

Contract Information

Current Price: $1,225,000 Listing Date: 2026-07-09 Listing Board: Florida Keys List Price: $1,225,000

Location Tax Legal

Street #: 126 Street Name: 3rd Street Suffix: Lane Key/Island: Key Largo State/Province: FL Zip Code: 33037 County: Monroe Subdivision: Winston Waterway (102.0) Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Residential - Single Family Style: Single Family Waterfront: Yes Control Depth: 4 Pool: No Year Built: 1984 Lot Size: 60 X 115 Lot SqFt: 6900 Acres: 0.15 Living Apx SqFt: 2199 SqFt Source: Property Data Card Total Bedrooms: 3 Full Baths: 3 Total Baths: 3 Rentals Allowed: With Restrictions Min Rental Days: 28

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Dockage

Dock Length: 45 Dock: Composite

Building Style

Above Flood: Unknown

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Dockage: Boat Ramp Property Condition: Fixer Upper Vehicle Storage: Carport Furnished: Unfurnished Cooling: Central Air; Ductless Heating: Central Utilities: FKAA; Propane Specialty Rooms: Laundry Room; Loft Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven; Range; Refrigerator; Washer Construction: Frame Shutters: Accordion; Panel Floor: Laminate; Tile Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional
Listing Office: Palm House Real Estate
Last Updated: August - 20 - 2026
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