3087 Key Largo 201, Las Vegas, NV 89120, Las Vegas, 89120 - 2 bed, 2 bath
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Las Vegas, NV 89120
This condominium represents a High-Potential Investment Opportunity, listed at a List Price of $189,000—positioned above the $166,437 Fair Market Value by 13%. While the property carries a Fair Condition Rating due to original 1996 finishes, it features Modern Kitchen Appliances and a functional layout with Double Closets and Sinks. Despite the higher HOA fees, the unit offers a low-barrier entry point into the Las Vegas market. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a manageable, well-located residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3087 Key Largo 201 Subject | $189,000* List Price | 2 | 2 | 987 | $169 | - |
A 5150 MANDALAY SPRINGS Drive 204 Sold | $151,290 | 2 | 2 | 1,020 | $148 | 0.1 mi |
B 5150 Mandalay Springs Drive 204 Sold | $151,290 | 2 | 2 | 1,020 | $148 | 0.1 mi |
C 3062 TARPON Drive 201 Sold | $194,000 | 2 | 2 | 987 | $197 | 0.1 mi |
D 3083 Casey Drive 101 Sold | $195,000 | 2 | 2 | 987 | $198 | 0.1 mi |
E 3425 Russell Road 119 Sold | $160,000 List Price | 2 | 2 | 1,015 | 0.9 mi | |
F 5130 Mandalay Springs Drive 103 Sold | $190,000 | 2 | 2 | 1,020 | $186 | 0.1 mi |
G 3051 Key Largo Drive 203 Active | $219,000 List Price | 2 | 2 | 987 | $222 | 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 falls into the Fair category based on age. While it features updated stainless steel appliances and appears well-maintained and move-in ready, the cabinetry, mirrored closet doors, and bathroom fixtures remain dated and original to the construction year.
The kitchen is equipped with full stainless steel appliances, offering contemporary utility and a sleek aesthetic that appeals to modern buyers.
The primary bedroom features double closets and double sinks, providing superior storage and convenience rarely found in compact condominium layouts.
Priced at $189,000, this property offers a highly accessible entry point into the Las Vegas real estate market for first-time buyers or investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4771, other record lot size in square feet = 1849.
The monthly HOA fee of $357 is relatively high for this price bracket, which may impact the overall monthly affordability and debt-to-income ratio for buyers.
At 987 square feet for a two-bedroom unit, the living areas may feel restrictive, a factor highlighted by the use of virtual staging to demonstrate potential.
Meet 3087 Key Largo Dr, a well-appointed residence designed for functional living and modern comfort. The kitchen features all stainless steel appliances, ensuring contemporary utility for daily tasks. Organized storage is readily available in the primary bedroom with its double closets, while the primary bathroom includes double sinks, enhancing everyday convenience. This home delivers modern utility and streamlined comfort. This home has been virtually staged to illustrate its potential.
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 | 987 | 1,005 | 43% |
| Lot Size | 4,771 | 3,411 | 61% |
| Price | $189.0K | $190.0K | 48% |
| Price per sq ft | $191 | $197 | 48% |
| Built year | 1996 | 1996 | 50% |
| HOA | $357 | $308 | 87% |
| Days on market | 9 | 332 | 4% |
May 28, 2026
$189,000
Initial Listing
Mar 22, 1996
$69,500
Public Record