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Preforeclosure Homes in Key Largo, FL

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Living in Key Largo, FL

Key Largo, located in the Florida Keys, boasts a tropical paradise known for its diving and water sports. With beautiful scenery and a welcoming community, it offers a great lifestyle for those looking to invest in real estate. The area features numerous recreational activities and educational institutions, catering to families and individuals alike.

Current Market Conditions in Key Largo, FL

The real estate market in Key Largo is currently showing steady demand, particularly for waterfront properties. Investors are drawn to the area due to its unique offerings and lifestyle, leading to a competitive market with rising property values.

Recent trends indicate a strong interest in vacation rentals, as Key Largo remains a popular destination for tourists. This creates opportunities for investors looking to capitalize on short-term rental income in addition to traditional residential market opportunities.

Home Value Estimator For Key Largo, FL

There are currently 11,325 real estate properties in Key Largo, FL, with a median automated valuation model (AVM) price of $745,597.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Key Largo, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Key Largo, FL, is $1,589,832.00, with the most expensive house in Key Largo, FL, topping out at $68,879,100.00 and the cheapest home in Key Largo, FL, clocking in at $29,126.00. In other words, there’s something for every potential homebuyer or savvy investor in Key Largo, FL!

Rent Prices In Key Largo, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Key Largo, FL, is on a rollercoaster ride. The average rent price in Key Largo, FL, is $2,594.00. Indeed, when looking to rent in Key Largo, FL, you can expect to pay as little as $960.00 or as much as $4,680.00, with the average rent median estimated to be $2,360.00. The good news is that finding an affordable and desirable property to rent in Key Largo, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Key Largo, FL Preforeclosure Homes


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