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226 Lignumvitae Drive, Key Largo, FL 33037
New Listing
$650,000
Property Type:
Residential
Bedrooms:
1
Baths:
1
Square Footage:
1,429
Lot Size (sq. ft.):
10,700
Status:
Active
Current Price:
$650,000
List Date:
7/14/2026
Last Modified:
7/15/2026
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.
More Information MLS# 620626
Contract Information
Current Price: $650,000
Listing Date: 2026-07-14
Listing Board: Florida Keys
List Price: $650,000
As is Rght to Inspct: Yes
Species List: No
Location Tax Legal
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
Style: Single Family
Waterfront: No
Pool: No
Year Built: 1987
Lot Size: 100x107
Lot SqFt: 10700
Lot Sqft Source: Tax Records
Acres: 0.25
Living Apx SqFt: 1429
SqFt Source: Tax Records
Total Bedrooms: 1
Full Baths: 1
Total Baths: 1
Rentals Allowed: Yes
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: Yes
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
Bedroom 1
Level: Main
Living Room
Level: Main
Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: July - 15 - 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.
