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For sale
  • $650,000

    226 Lignumvitae Dr, Key Largo, FL 33037

    1beds
    1,429sqft
    : 
    $3,927/mo
    Get pre-qualified
    Single Family Residence
    Built in 1987
    0.25 Acres Lot
    $603,100 Zestimate®
    $455/sqft
    $-- HOA

    What's special

    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.
    38 days
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    160
    |
    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kristin Herold 310-421-5543,

    Coldwell Banker Schmitt Islamorada

    Source: FLKMLS,MLS#: 620626MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom 1
      • Level: Main
      Living room
      • Level: Main
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
      Interior area
      • Total structure area: 1,429
      • Total interior livable area: 1,429 sqft

      Property

      Lot
      • Size: 0.25 Acres
      • Dimensions: 100x107
      Details
      • Parcel number: 00465690000000
      • Zoning: IS - Improved Subivision District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Concrete
      Condition
      • Fixer
      • New construction: No
      • Year built: 1987

      Community & HOA

      Community
      • Subdivision: Pamela Villa (102.5)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key Largo

      Financial & listing details

      • Price per square foot: $455/sqft
      • Tax assessed value: $527,391
      • Annual tax amount: $1,499
      • Date on market: 7/14/2026

        Estimated market value

        $603,100

        $573,000 - $633,000

        $2,148/mo

        Price history

        DateEventPrice
        7/14/2026Listed for sale$650,000$455/sqft
        Source: Key West AOR #620626 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,499 +4.7%$142,483 +2.9%
        2024$1,433 -47%$138,468 -48.1%
        2023$2,702 +10.8%$266,806 +8.1%
        2022$2,440 +10.1%$246,704 +8.1%
        2021$2,215 -1.8%$228,309 +3.1%
        2020$2,255 $221,460 -4.2%
        2019$2,255 -1.2%$231,108 +11.8%
        2018$2,283 +5.7%$206,656 +0.6%
        2017$2,159 +3.5%$205,455 +17.1%
        2016$2,085 +10.5%$175,515 +5.7%
        2015$1,887 $166,085
        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.
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        Climate risks

        Neighborhood: 33037

        Getting around

        43 / 100
        Car-Dependent
        75 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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