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$985,000
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Property Description
Nearly new commercial building offers endless uses. Showroom, Studio, retail, office, Air conditioned Warehouse, you name it! This structure has been built to the latest stringent construction standards. All CBS and stucco with a 50 year metal roof, Central Air/heat throughout, Impact windows with plantation shutters, Full open cell foam insulation in roof and walls for the ultimate in efficiency. 180 Mile per hour windload certification with impact high load automatic overhead doors and a 14 foot 'barn height' center impact overhead door allows for boat or RV storage. The list of grade A features goes on and on. There is plenty of cubic feet available to add a second floor office if needed. This solid building is strategically located on US1 in the heart of Key Largo directly across from the Murry Nelson Government Center on a high visibility corner with ample space allowing for multiple vehicle parking. The property is in Flood zone X. No flood insurance required.Buyer must verify intended use with Monroe County Building and Zoning.
Full Property Details
Full Property Details for 311 Mahogany Dr
General
- Sold For: $985,000
- Taxes: $4,681 (2024)
- Status: Closed
- Type: Commercial Service
- Source: 927
- MLS ID: 615444
- Added to Site: 216 day(s) ago
Business
- Misc. Information: Storage, Highway Frontage, High Visibility, High Traffc Location, Overhead Doors, Handicap Access
Interior
- Interior Features: Smoke Alarms, Window Treatments, Cathedral Ceilings
- Appliances: Refrigerator
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Half Bathrooms: 1
Exterior
- Exterior Features: Other Services
Parking
- Garage: Yes
Location
- Area: 27 - Key Largo MM 97-107
- County: Monroe
- Subdivision: Pamela Villa (102.5)
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric, Exhaust Fan
Utilities
- Water: No Waterview
- Utility Description: FKAA, Municipal Sewer
Structural Information
- # Buildings: 1
- Architectural Style: Commercial
- Construction: CBS, Steel Reinforced, Stucco, Concrete
- Roof: Metal Roof
- Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
- Stories/Levels: 1.0
- Building Size: 19
- Square Feet: 1,249
- Sq. Ft. Source: Seller
- Year Built: 2023
Lot Features
- Lot Size (Sq. Ft.): 6,840
- Lot Dimensions: 57 x 120
- Zoning: MU - Mixed Use Commercial Mixed Use
Water Features
- Water Front Type: None
- Dock Description: None
Financial Considerations
- Tax Amount: $4,681
- Tax Year: 2024
- Terms: Buyer Obtain Finance
Disclosures and Reports
- Legal Description: BK 5 LT 16 PAMELA VILLA KEY LARGO PB3-125 OR205-176 OR3108-1661 OR3112-0987
- Flood Zone: X
- APN: 00464640-000000
Listed by Harbour 99 Properties, Inc., Gregory Pardo (305) 905-0069
Sold by Coldwell Banker Schmitt Islamorada, Brett Newman
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Schools
Schools serving 311 Mahogany Dr
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 |
Key West High School 2100 Flagler Avenue, Key West, FL 33040 | 9-12 | 93.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 311 Mahogany Dr
Date
Details
Price
Change
Source
8/26/2025
Sold
$985,000
-21.2%
MLS
7/20/2025
Price Reduced
$1,250,000
-3.47%
MLS
6/14/2025
Listed
$1,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
311 Mahogany Drive, Key Largo, FL 33037 (MLS# 615444) is a Commercial Service property that was sold at $985,000 on August 26, 2025. Want to learn more about 311 Mahogany Drive? Do you have questions about finding other Commercial Service 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.

