140 Gumbo Limbo DR, Key Largo, FL 33037
140 Gumbo Limbo DR, Key Largo, FL 33037
140 Gumbo Limbo DR, Key Largo, FL 33037
140 Gumbo Limbo DR, Key Largo, FL 33037
140 Gumbo Limbo DR, Key Largo, FL 33037
140 Gumbo Limbo DR, Key Largo, FL 33037
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Listed by Terry Canto,Top Producer American Caribbean Real Estate, Christie's International Real Estate
$ 445,000
Est. payment | /mo

1 Bed

1 Bath

620 SqFt


Save
$ 445,000
Est. payment | /mo
Save

1 Bed

1 Bath

620 SqFt

Key Details

Property Type Mobile Home

Sub Type Mobile Home

Listing Status Active

Purchase Type For Sale

Square Footage 620 sqft

Price per Sqft $717

Subdivision Pamela Villa (102.5)

MLS Listing ID 617396

Style Above Flood

Bedrooms 1

Full Baths 1

HOA Y/N No

Year Built 1957

Annual Tax Amount $2,883

Tax Year 2024

Lot Size 10,600 Sqft

Acres 0.12

Property Sub-Type Mobile Home

Land Area 620

Property Description

Rare Redevelopment Opportunity in Key Largo! Situated on two oversized corner lots totaling 10,500 square feet, this unique property offers exceptional flexibility for investors, builders, or anyone looking to create their dream Florida Keys retreat.

Included is a ROGO-Exempt Letter, allowing you to bypass the lengthy ROGO allocation process and immediately replace the existing home with a new residence. Build your custom island home utilizing both lots for an expansive estate, or develop on one lot while preserving the second for additional outdoor living, future possibilities, or potential future development (buyer to verify with Monroe County). Tier III with 34 points and sewer vent installed.

While planning your vision, enjoy the existing fully furnished vintage cottage filled with Keys character. This charming 1-bedroom, 1-bath bungalow features an indoor tiki bar, open kitchen with granite countertops and oak cabinetry, custom oak flooring in the bedroom, porcelain tile throughout the living areas, and seamless indoor-outdoor living. Outside, you'll find a private pea-rock courtyard shaded by mature tropical trees, an outdoor shower, storage shed, two separate driveway entrances, and ample parking for boats, trailers, RVs, and guests.

Located less than one mile from John Pennekamp Coral Reef State Park, you'll have easy access to world-class diving, snorkeling, fishing, boating, beaches, and the best of the Upper Keys lifestyle. Enjoy nearby waterfront dining, shopping, Harry Harris Park, and an easy one-hour drive to Miami.

Whether you're searching for an immediate weekend getaway, a rental investment, or one of the few opportunities to build without waiting through the ROGO process, this property offers outstanding value with endless potential.

Location

State FL

County Monroe

Area 27 - Key Largo Mm 97-107

Zoning IS - Improved Subivision District

Interior

Cooling Wall/Window Unit(s)

Appliance Dryer, Washer, Range, Refrigerator

Exterior

Utilities Available FKAA, Municipal Sewer

Waterfront Description None

Garage No

Building

Architectural Style Above Flood

New Construction No

Others

HOA Fee Include None

Tax ID 00466140-000000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Pets Allowed Yes

Nearby Locations

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140 Gumbo Limbo DR