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721 Garden State Ln, Key Largo FL 33037

Lots/Land For Sale
$750,000

BTC: 11.71875000

ETH: 394.18912669

-$20K (2026/04/27)
81 days
Waterfront
0 room(s)

Overview

ROGO Exempt Waterfront Opportunity – Extra-Wide Canal, Immediate Bay Access.Rare chance to secure a ROGO Exempt waterfront lot in Key Largo—build now without the typical Monroe County delays.Positioned on an extra-wide canal and the first canal in from Blackwater Sound Bay, this property offers exceptional boating access with minimal idle time to open water—a premium feature for serious boaters.Conveniently located just 55 minutes from Miami, making it ideal for weekend use, full-time living, or a high-demand rental investment.The lot is being offered for new construction, with a renovated and livable trailer already in place, providing immediate use, rental income potential, or a convenient setup while you build.Surrounded by the best of the Keys lifestyle—boating, fishing, dining, and waterfront recreation—this is a high-demand location with strong upside for investors, builders, or end-users looking to create a custom waterfront residence.Build-ready, ROGO exempt, wide canal, prime bay access, and close to Miami—opportunities like this are limited. Act fast.

Location

Florida • Key Largo • 33037 • Lots/Land • For Sale • Waterfront

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.09 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$249,500
$104K – $712K
Confidence Low
List vs. estimate
$500K above estimate
List $750,000 · +200.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,996
2025
Waterfront
Canal Front, Canal Width 1-80 Feet
All facts and features

  • Lot

    • Lot: 0.09 Acres

    Other Property Information

    • Parcel Number: 00468473-015901

    • Zoning: URM

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Other financial information

    • Annual tax amount: $4,996

  • Source details

    • MLS ID: A12007076

    Other facts

    • Lot Features: Less Than 1/4 Acre Lot / Build To Suit

    • Direction Faces: South

    • Other Structures: Livable / Well Kept

    • Waterfront: Yes

    • Water Source: Municipal Water

    • Subdivision Name: CROSS KEY WATERWAYS EST S

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33037
161
median $785K
Active
Same city
Key Largo
161
median $785K
Active
Same type
Lots/Land
31
median $355K
Active
Similar price
$525K – $975K
66
median $774K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Associated R.E. Services, LLC