140 Gumbo Limbo Drive, Key Largo, FL 33037 (MLS# 617396)

140 Gumbo Limbo Drive, Key Largo, FL 33037

$445,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 620 Lot Size (sq. ft.): 10,600 Status: Active
Current Price: $445,000 List Date: 11/20/2025 Last Modified: 8/26/2026

Overview

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 thr ...

Listing Details MLS# 617396

Location, Tax & Legal

Street #
140
Street Name
Gumbo Limbo
Street Suffix
Drive
Key/Island
Key Largo
State/Province
FL
Zip Code
33037
County
Monroe
Subdivision
Pamela Villa (102.5)
Area
27 - Key Largo MM 97-107

Contract Information

Listing Board
Florida Keys
As is Rght to Inspct
Yes

General Property Description

Realtor.COM Type
Residential - Mobile/Manufactured Home
Style
Mobile Home
Waterfront
No
Pool
No
Year Built
1957
Lot SqFt
10600
Lot Sqft Source
Property Data Card
Acres
0.12
Living Apx SqFt
620
SqFt Source
Tax Records
Total Bedrooms
Yes
Full Baths
Yes
Total Baths
Yes
Rentals Allowed
Yes
Min Rental Days
28

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Building Style

Above Flood
Unknown

More Information

Vehicle Storage

Car(s)
4+

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Fixer Upper Building Style: Ground Level Vehicle Storage: RV Parking Open; Trailer Storage Cooling: Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer Appliances: Dryer; Range; Refrigerator; Washer Construction: Frame; Other Pets: Pets Allowed Land Size: More than 1 Lot Terms: Cash; Conventional Title: Title Ins - Buyer
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
Last Updated: August - 26 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.