3061 Key Largo Drive 204, Las Vegas, NV 89120, Las Vegas, 89120 - 2 bed, 2 bath
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Las Vegas, NV 89120
This 2-bedroom condo represents a High-Potential Investment Opportunity, listed at $189,900—positioned above the $167,644 Fair Market Value by -13%. While the unit requires cosmetic updates to modernize its Condition Rating of 4, it offers a functional layout with plantation shutters and durable tile flooring. Located in a gated community with a pool and clubhouse, the property provides a low-maintenance lifestyle near the airport. This asset is best suited for Buy-and-Hold Investors or first-time buyers seeking a central, value-add residential project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3061 Key Largo Drive 204 Subject | $189,900* List Price | 2 | 2 | 1,020 | $164 | - |
A 5150 MANDALAY SPRINGS Drive 204 Sold | $151,290 | 2 | 2 | 1,020 | $148 | 0.0 mi |
B 5150 Mandalay Springs Drive 204 Sold | $151,290 | 2 | 2 | 1,020 | $148 | 0.0 mi |
C 5130 Mandalay Springs Drive 103 Sold | $190,000 | 2 | 2 | 1,020 | $186 | 0.0 mi |
D 3056 Casey Drive 201 Sold | $216,500 | 3 | 2 | 1,190 | $182 | 0.0 mi |
E 3062 TARPON Drive 201 Sold | $194,000 | 2 | 2 | 987 | $197 | 0.1 mi |
F 3044 Casey Drive 104 Sold | $180,000 | 2 | 2 | 1,020 | $176 | 0.0 mi |
G 3055 Key Largo Drive 204 Active | $199,000 List Price | 2 | 2 | 1,020 | $195 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996 (28 years old), the property features original-style cabinetry, fluorescent box lighting, and dated black appliances. While the unit appears clean and functional, it has exceeded the 20-year threshold without significant modern renovations to the kitchen or bathrooms.
Situated just minutes from the airport and 10-15 minutes from the Las Vegas Strip, this property offers exceptional accessibility to world-class entertainment and major employment hubs.
The unit comes equipped with all appliances, plantation shutters, and durable tile flooring, providing a functional, move-in-ready environment that minimizes initial out-of-pocket expenses for buyers.
Located in a gated community with a pool and clubhouse, the HOA fee conveniently covers water and trash services, offering a low-maintenance lifestyle with predictable monthly utility costs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4934, other record lot size in square feet = 1849.
With 80 days on the market, the property has exceeded the typical absorption rate for the area, which may lead to increased buyer scrutiny or pressure for price negotiations.
As an upstairs unit, the property may be less appealing to a segment of the buyer pool, specifically those with mobility limitations or those who prefer the convenience of ground-level entry.
This upstairs 2-bedroom, 2-bath condo offers a functional and comfortable layout in a highly convenient central location. The open living area features tile flooring, a cozy fireplace, plantation shutters, and access to a private balcony. The kitchen includes ample cabinet storage, a breakfast bar, and all appliances included. Separate laundry area with full-size washer and dryer. The spacious primary suite offers generous closet space + linen closet and an en-suite bath. The thoughtfully positioned second bedroom sits adjacent to a full bath with linen storage. HOA includes water and trash service, adding value and reducing monthly utility expenses. Located within a gated community featuring a pool, clubhouse, and BBQ area. Just minutes from the airport, shopping centers, dining, and approximately 10–15 minutes from world-class entertainment, this location provides easy access to everything while still offering a quiet residential setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,020 | 1,017.5 | 50% |
| Lot Size | 4,934 | 3,083.5 | 82% |
| Price | $189.9K | $192.0K | 45% |
| Price per sq ft | $186 | $191 | 45% |
| Built year | 1996 | 1996 | 50% |
| HOA | $357 | $304 | 86% |
| Days on market | 104 | 342 | 5% |
Mar 3, 2026
$189,900
Initial Listing
Aug 18, 1995
$74,000
Public Record