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For sale
  • $1,225,000

    126 3rd Ln, Key Largo, FL 33037

    3beds
    2,199sqft
    : 
    $7,081/mo
    Get pre-qualified
    Single Family Residence
    Built in 1984
    6,534 Square Feet Lot
    $1,163,500 Zestimate®
    $557/sqft
    $-- HOA

    What's special

    Canal front stilt home
    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.
    32 days
    |
    1,906
    |
    132
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Smith, PA 305-306-7279,

    Palm House Real Estate

    Source: FLKMLS,MLS#: 620570MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air, Ductless
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal
      Features
      • Loft
      Interior area
      • Total structure area: 2,199
      • Total interior livable area: 2,199 sqft

      Property

      Features
      • Patio & porch: Open Porch/Balcony
      • On waterfront: Yes
      Lot
      • Size: 6,534 Square Feet
      • Dimensions: 60 X 115
      Details
      • Parcel number: 00547211001600
      • Zoning: RM-1 - Residential Medium - 1

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame
      Condition
      • Year built: 1984

      Community & HOA

      Community
      • Subdivision: Winston Waterway (102.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key Largo

      Financial & listing details

      • Price per square foot: $557/sqft
      • Tax assessed value: $1,086,717
      • Annual tax amount: $8,216
      • Date on market: 7/9/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $1,163,500

        $1.11M - $1.22M

        $5,825/mo

        Price history

        DateEventPrice
        7/9/2026Listed for sale$1,225,000+521.8%$557/sqft
        Source: FLKMLS #620570 Report a problem
        6/23/1995Sold$197,000$90/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,216 +12%$862,579 +10%
        2024$7,335 +6.1%$784,163 +10%
        2023$6,914 +14%$712,875 +10%
        2022$6,065 +15.8%$648,068 +10%
        2021$5,237 -1.4%$589,153 -1%
        2020$5,312 $594,951 +0.6%
        2019$5,312 +0.5%$591,475 +8.8%
        2018$5,288 +6.1%$543,826 -4.4%
        2017$4,984 -17.2%$568,647 +7.1%
        2016$6,019 +2.4%$530,980 -1%
        2015$5,881 $536,503
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33037

        Getting around

        30 / 100
        Car-Dependent
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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