$655,000
 $3,516 est/mo Sourced by Back At You

322 Mahogany Drive,KEY LARGO, FL 33037

KEY LARGO, FL 33037

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Description

PRICE REDUCTION! INVESTOR & VALUE-ADD OPPORTUNITY IN KEY LARGO! Virtually staged. This 3-bedroom, 1-bath home in the desirable Pamela Villa area offers an excellent opportunity for investors, second-home buyers, or those looking to create a personalized Keys retreat. Approximately 1,000 sq. ft. of living area with an additional 10x12 legal downstairs enclosure space that can serve as an office, guest area, or flexible-use space. Elevated construction, X flood zone, covered parking, termite contract, no HOA, and a convenient Key Largo location near John Pennekamp Coral Reef State Park and Murray Nelson Government and Cultural Center. Shopping, restaurants, and convenient Key Largo amenities are within walking/biking distance including Key Largo Park and Jacobs Aquatic center, professional Pickle ball courts, and the YMCA at the park.. The property offers plenty of potential for updates and customization while retaining the character of a true Florida Keys home. Bring your vision and explore the possibilities! Interior features include crown molding, cathedral ceilings, and a hardwood ceiling in third bedroom with private entrance. Vinyl plank flooring throughout. Bath features an oversized oval tub. Storm ready with shutters and metal doors. Downstairs is a laundry area, and a 12x14 storage shed. Fully fenced backyard garden with a 14x12 patio and an upper 8x10 deck. Perfect for entraining on your cement picnic table, plus a slab ready for your grill. Walk to the Murray Nelson Cultural Center, restaurants, and shopping. Just five minutes to Pennekamp Park and the Marvin D. Adams Waterway -- Ocean to Bay access with great diving minutes away. Truly Nolen contract in place transfers to Buyer. This is your tropical getaway ready for your personal touches! This home is easily adapted to your needs by adding a bathroom or even enclosing the downstairs to double the living space. Dont pass this one up , call for a preview!

Details

MLS #619489
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1985
Days On Site174
Listing Provided ByBetter Homes and Gardens Real Estate Destinations | Mari Crossen Joiner, Realtor, BS, CAM

Features

Bed(s)3
Bath(s) 1 Total
SQ Feet1,064
Units1
ZoningIS - Improved Subivision Distric
Acreage0.12
Water FrontNone
Property ViewNo Waterview

Taxes

Property1734

Area Information

StateFL
CountyMonroe
CityKEY LARGO
Zip Code33037
Area27 Key Largo MM 97 107
Community NamePamela Villa (102.5)
Listing VS Median (in Pamela Villa (102.5))
Price:
$655,000
low | high
Med:
$652,500
50.381679389313% of Average
sqft:
1,064
low | high
Med:
1,247
32.847744360902% of Average
$ / sqft:
$616
low | high
Med:
$535
63.0553582017% of Average
On site:
174
low | high
Med:
128.5
100% of Average
Sourced by Back At You

Market Activity 33037

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Learn More About This Property

StateFL
CountyMonroe
CityKEY LARGO
Zip Code33037
Area27 Key Largo MM 97 107
Community NamePamela Villa (102.5)
Listing VS Median (in Pamela Villa (102.5))
Price:
$655,000
low | high
Med:
$652,500
50.381679389313% of Average
sqft:
1,064
low | high
Med:
1,247
32.847744360902% of Average
$ / sqft:
$616
low | high
Med:
$535
63.0553582017% of Average
On site:
174
low | high
Med:
128.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $491K - $818K
sqft: 798 - 1,000
Nearby Listings Property ImageNearby Listings Details
750 Madrid Road Property Photo 1
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750 Madrid Road
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Key Largo, FL 33037
Listing Updated: October 4, 2026 at 2:13:13 AM PDT