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Key Largo Wooded Lot
For Sale
$1,055,000

4 Mahogany Lane, Key Largo, FL 33037

LAND - Key Largo, FL

Property Size2,500 SF
Lot Size0.63 Acres
Price / SF$422
Days on Market233

Property Features for 4 Mahogany Lane

General Information

Property type Land
Property subtype Other
Subdivision Hammock Course
Standard status Active
Size 2,500 SF
Lot size 0.63 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HARBOR COURSE SOUTH SEC ONE OCEAN REEF PLAT 14 PB7-9 LOT 4 BK 5 & PT ADJ TR B - H C SOUTH II O R PLAT 17 PB7-52 OR968-936 OR968-944 OR1053-1797/98 OR1080-693 OR1114-911C OR1316-431/32 OR1316-433/34 OR1865-812/15PET(PROB#CPP03-5) OR1865-809ORD OR1865-942LET/ADM OR2217-560/577PET OR2217-580ORDER OR2218-804ORDER OR2224-533/36 OR2234-2382/85 OR2937-200CT
Tax Annual Amount 5504
Legal Description HARBOR COURSE SOUTH SEC ONE OCEAN REEF PLAT 14 PB7-9 LOT 4 BK 5 & PT ADJ TR B - H C SOUTH II O R PLAT 17 PB7-52 OR968-936 OR968-944 OR1053-1797/98 OR1080-693 OR1114-911C OR1316-431/32 OR1316-433/34 OR1865-812/15PET(PROB#CPP03-5) OR1865-809ORD OR1865-942LET/ADM OR2217-560/577PET OR2217-580ORDER OR2218-804ORDER OR2224-533/36 OR2234-2382/85 OR2937-200CT
Listing Agency: Watson Luxury Properties at Ocean Reef
Listed By: Roberta Watson
Added: Jan 6 Changed: May 13 Last Checked: Aug 27 at 4:06PM
MLS# 2954

Copyright © 2026 Central Listing Service at Ocean Reef. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property features a private wooded lot with a size of 27,470 square feet (0.6306 acres). Located in Key Largo, Florida, the lot is situated within a natural hammock. There is potential to build a 2-story home with 2,500 square feet, based on the building approval process with the County. Alternatively, acquiring an Equity Membership allows the freedom to rent as desired.

Key Highlights

  • Private, wooded 27,470 sq ft lot.
  • Potential to build a 2,500SF, 2‑story home (subject to County approval).
  • Lowest‑priced property in the area.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Cafe & Coffee Shop Real Estate Agency Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 33037, FL

13,875
Population
10,494
Households
1.3
Avg Household Size
53
Median Age
41%
College-Educated
95%
High-School Grad
32.9 sq mi
ZIP Area
422
Density / Sq Mi
$80,911
Median Household Income
$40,641
Median Earnings
$1,896
Median Rent
$660,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Private wooded lot with potential to build a 2-story home.
Where is this residential land & home lot located?
The property is located at 4 Mahogany Lane Key Largo, FL.
What is the asking price?
The asking price for this property is $1,055,000.
What are key features of this property?
This property features: Private, wooded 27,470 sq ft lot.; Potential to build a 2,500SF, 2‑story home (subject to County approval).; Lowest‑priced property in the area.
More about this property
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