140 Gumbo Limbo Drive DRIVE
KEY LARGO, FL 33037
1
Bed
1
Bath
620Sqft
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 1Bathroom Information
Total Baths: 1 Full Baths: 1 -
Interior Features
Appliances: Washer,Range,Refrigerator,Dryer -
Heating & Cooling
Cooling: Wall/Window Unit(s) Water Front: No None No Waterview
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Building Information
Year Built: 1957 Total Units: 0.00 Floor Location: 10600 Construction: Frame,Other
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Lot Information
Lot SqFt: 10,600 Lot SqFt Source: Property Data Card BK 12 LTS 1-2 PAMELA VILLA KEY LARGO PB3-125 OR217-451 OR761-481 OR855-1732 OR875-661/62 OR969-280 OR1241-334 OR1241-34 -
Property Information
SQ ft (Living Area): 620 View: No Waterview Subdivision: Pamela Villa (102.5)
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Listing Price Information
List Price: $445,000 -
Listing Information
Cash,Conventional
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Tax Information
Taxes: $2,883 Tax Year: 2024 Parcel Number: 00466140-000000 Tax Exemptions: None
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Multi-Unit Information
Pets Allowed: Pets Allowed -
Homeowners Association Information
Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee: $0.00
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Utility Information
FKAA,Municipal Sewer
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 128 La Paloma Rd, Key Largo, FL, 33037 | $2,500,000 | 3 | 2 | 1,100 | 1,100 SqFt |
| 1126 Grand St, Key Largo, FL, 33037 | $1,399,000 | 2 | 1 | 1,000 | 1,000 SqFt |
| 1019 Snapper Ln, Key Largo, FL, 33037 | $899,000 | 3 | 3 | 1,547 | 1,547 SqFt |
| 1514 Shaw Drive, Key Largo, FL, 33037 | $1,800,000 | 2 | 2 | 1,244 | 1,244 SqFt |
| 397 Laguna Avenue, Key Largo, FL, 33037 | $3,339,000 | 7 | 5 | 2,992 | 2,992 SqFt |
| 365 Loeb Ave, Key Largo, FL, 33037 | $1,689,000 | 3 | 2 | 2,169 | 2,169 SqFt |
| 133 Valois Boulevard, Key Largo, FL, 33037 | $695,000 | 2 | 2 | 1,776 | 1,776 SqFt |
| 410 Bowie Ln, Key Largo, FL, 33037 | $1,800,000 | 3 | 2 | 1,250 | 1,250 SqFt |
| 98703 Overseas Highway .., Key Largo, FL, 33037 | $495,000 | 1 | 1 | 480 | 480 SqFt |
| 10987 County Road 905, Key Largo, FL, 33037 | $5,650,000 | 3 | 4 | 3,649 | 3,649 SqFt |
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ByOwner last updated this listing 08/16/2026 @ 16:38
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