This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/23
$1,225,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/23
Property Description
Opportunity is knocking to create your ideal Florida Keys retreat. Nestled in a quiet neighborhood, this canal front stilt home features a spacious upstairs with 2 bedrooms, 2 full bathrooms and a large loft perfect for a home office or 3rd bedroom. The ground level expands the possibilities with a covered patio overlooking the canal and a versatile studio apartment/rec room complete with a full bathroom--ideal for guests or indoor/outdoor entertaining. The property features 45ft of dockage and a private ramp that can accommodate jet skis, kayaks, paddleboards or a small skiff. Get lost in paradise exploring the many creeks within Largo Sound and John Pennekamp State Park. This location also offers boating access to both the Atlantic Ocean and Florida Bay through South Creek Sound or Adams Cut. Great location near plenty of amazing restaurants, shopping and grocery. Whether you're searching for a full-time residence, weekend getaway, or investment property, this home offers solid bones, a desirable layout, and the chance to create something truly special in one of Key Largo's most sought-after boating communities. TENANT OCCUPIED, DO NOT ENTER PROPERTY WITHOUT PERMISSION.
Full Property Details
Full Property Details for 126 3rd Ln
General
- Price: $1,225,000
- Taxes: $8,216 (2025)
- Status: Active
- Type: Single Family
- Source: 927
- MLS ID: 620570
- Updated: 8/20/2026
- Added to Site: 50 day(s) ago
Interior
- Interior Features: Loft
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Flooring: Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room
Exterior
- Deck/Patio: Open Porch/Balcony
- Porch/Patio/Deck: Open Porch/Balcony
Parking
- Parking Features: Carport
Location
- Area: 27 - Key Largo MM 97-107
- County: Monroe
- Subdivision: Winston Waterway (102.0)
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ductless, Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Above Flood
- Construction Status: Fixer
- Construction: Frame
- Roof: Metal
- Windows/Doors: Shutters
- Square Feet: 2,199
- Sq. Ft. Source: Property Data Card
- Year Built: 1984
- Property Condition: Fixer
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,900
- Lot Dimensions: 60 x 115
- Zoning: RM-1 - Residential Medium - 1
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Front
Financial Considerations
- Tax Amount: $8,216.28
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: Bk 7 Lt 16 Amended Plat Of Winston Waterways No 2 Key Largo Pb6-27 Or706-305 Or814-1229 Or814-1231 Or998-2012 Or998-2013
- APN: 547211001600
Listed by Palm House Real Estate, Eric Smith, PA (305) 306-7279
Get Pre-Approved Today
Schools
Schools serving 126 3rd Ln
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Key Largo School 104801 Overseas Highway, Key Largo, FL 33037 | PK-8 | 2.9 mi |
Coral Shores High School 89901 Old Highway, Tavernier, FL 33070 | 9-12 | 11.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 126 3rd Ln
Date
Details
Price
Change
Source
7/09/2026
Listed
$1,225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 126 3rd Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,216
12%
$1,086,717
11%
2024
$7,335
6%
$981,116
1%
2023
$6,914
32%
$974,153
65%
2021
$5,237
-14%
$589,153
-31%
2022
$6,065
16%
$856,124
44%
2021
$5,237
-1%
$594,951
1%
2019
$5,288
6%
$591,475
9%
2018
$4,984
-17%
$543,826
-4%
2017
$6,019
2%
$568,647
7%
2016
$5,881
2%
$530,980
9%
2015
$5,778
8%
$485,062
10%
2014
$5,346
1%
$440,966
5%
2013
$5,274
—
$420,473
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 126 3rd Ln
126 3rd Lane, Key Largo, FL 33037 (MLS# 620570) is a Single Family property with 3 bedrooms and 3 full bathrooms. 126 3rd Lane is currently listed for $1,225,000 and was received on July 09, 2026. Want to learn more about 126 3rd Lane? Do you have questions about finding other Single Family real estate for sale in Key Largo? You can browse all Key Largo real estate or contact a Coldwell Banker agent to request more information.

