3119 Key Largo Drive 101, Las Vegas, NV 89120, Las Vegas, 89120 - 1 bed, 1 bath
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3119 Key Largo Drive 101
Las Vegas, NV 89120
ACTIVE
CONDITION: FAIR
1Beds
1Baths
697Sq Ft
3,411Lot Size
Property Price
LIST PRICE$129,900
EST. MARKET VALUE
$133,006
SUMMARY
This property presents a Prime Investment Opportunity with a List Price of $129,900—positioned well below the $133,007 Fair Market Value by 2%. This valuation gap offers $3,107 in Instant Equity. Featuring a Fair Condition Rating, the unit offers a functional open-concept layout with a fireplace and community amenities like a Pool and Spa. Its proximity to UNLV ensures strong rental demand. This is a high-potential asset ideal for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Las Vegas market.
Estimated Market Value
$133,006
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3119 Key Largo Drive 101 Subject | $129,900* List Price | 1 | 1 | 697 | $191 | - |
A 3041 Casey Drive 102 Sold | $136,000 | 1 | 1 | 697 | $195 | 0.1 mi |
B 5259 Caspian Springs Drive 103 Sold | $134,000 | 1 | 1 | 705 | $190 | 0.2 mi |
C 4960 Harrison Drive 233 Active | $119,900 List Price | 1 | 1 | 616 | $195 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1996, this 30-year-old property is dated with original-style white tile flooring and basic fixtures. While well-maintained and functional, it lacks recent renovations to the kitchen and bathroom, placing it in the 'Fair' category for properties over 20 years old needing modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated just blocks from UNLV and close to major shopping and dining, this unit offers excellent rental potential and convenience for students or professionals.
- Ground-Floor Accessibility
As a first-floor unit, it provides easy access without stairs, featuring a functional open-concept layout and a cozy fireplace that enhances the living space.
- Comprehensive Amenities
Residents benefit from a full suite of community features, including a pool, spa, BBQ area, and clubhouse, providing a resort-like lifestyle at an affordable price point.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3411, other record lot size in square feet = 1849.
- High Association Fees
The monthly HOA fee of $357 is relatively high compared to the listing price, which may impact the overall monthly affordability for budget-conscious buyers.
- Compact Living Space
With only 697 square feet and a single bedroom, the property offers limited versatility for those requiring additional space for a home office or guests.
About 3119 Key Largo Drive 101
Take a look at this cozy 1-bedroom, 1-bathroom first-floor unit featuring an open-concept living room with a cozy fireplace and a private balcony. The home offers tile flooring throughout and includes all kitchen appliances. The kitchen provides plenty of cabinet space to meet all your storage needs. Enjoy the community amenities, including a sparkling Pool, relaxing Spa, BBQ area, and Clubhouse. Conveniently located just minutes from shopping centers, schools, restaurants, and only a few blocks from UNLV, this home offers both comfort and convenience in a prime Las Vegas location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1996
- Lot Size
- 3,411 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $357 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 697 | 1,059.468 |
| Lot Size | 3,411 | 6,055.359 |
| Price | $129.9K | $225.8K |
| Price per sq ft | $186 | $213 |
| Built year | 1996 | 1996 |
| HOA | $357 | $254 |
| Days on market | 16 | 71 |
Pricing History
Listed for Sale
Aug 24, 2026
$129,900
Initial Listing
Sold
Feb 29, 1996
$57,000
Public Record