3123 Key Largo Drive 101, Las Vegas, NV 89120, Las Vegas, 89120 - 3 bed, 2 bath
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3123 Key Largo Drive 101
Las Vegas, NV 89120
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,190Sq Ft
4,934Lot Size
Property Price
LIST PRICE$229,900
EST. MARKET VALUE
$241,102
4% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $229,900—positioned well below the $241,103 Fair Market Value by 4%. This valuation gap offers $11,203 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a brand-new AC unit, water heater, and modern quartz kitchen, this home offers a resort-style lifestyle with pool and spa access. It is an ideal acquisition for first-time buyers or savvy investors seeking a move-in ready, FHA-approved asset near UNLV.
Estimated Market Value
$241,102+$11,202 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 3123 Key Largo Drive 101 Subject | $229,900* List Price | 3 | 2 | 1,190 | $203 | - |
A 3128 Tarpon Drive 104 Sold | $235,000 | 3 | 2 | 1,190 | $197 | 0.2 mi |
B 3055 Key Largo Drive 101 Sold | $245,000 | 3 | 2 | 1,190 | $206 | 0.1 mi |
C 3054 Tarpon Drive 203 Sold | $169,900 | 2 | 2 | 1,020 | $167 | 0.2 mi |
D 4960 Harrison Drive 124 Sold | $210,000 | 2 | 2 | 1,041 | $202 | 0.3 mi |
E 3425 E Russell Road 227 Sold | $205,000 List Price | 2 | 2 | 1,015 | 0.9 mi | |
F 3083 Casey Drive 101 Sold | $195,000 | 2 | 2 | 987 | $198 | 0.1 mi |
G 3067 Key Largo Drive 104 Active | $219,900 List Price | 2 | 2 | 1,020 | $216 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a full recent renovation featuring a modern kitchen with quartz countertops and stainless steel appliances, along with updated bathrooms. Crucially, it includes a brand new AC unit and water heater, meeting the criteria for a mint-condition home with a renovation less than 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Renovations & New Systems
The unit is move-in ready with high-end upgrades including quartz countertops, stainless steel appliances, and brand-new essential systems like the AC unit and water heater.
- FHA Financing Eligibility
Being FHA approved significantly broadens the pool of potential buyers, making it an excellent opportunity for first-time homeowners with lower down payment requirements.
- Desirable First-Floor Accessibility
The ground-floor location offers superior convenience and accessibility, paired with a private screened patio and the security of a gated community with resort-style amenities.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- High Monthly HOA Fees
The $357 monthly association fee represents a significant recurring expense that may impact the purchasing power and monthly budget of cost-sensitive buyers.
- Aging Building Infrastructure
Constructed in 1996, the property is nearly 30 years old, which may lead to increased maintenance needs for the community's common areas and exterior structures over time.
About 3123 Key Largo Drive 101
FHA APPROVED CONDO!! Renovated 3 BEDROOM First-Floor Condo in Gated Canyon Willow Community! Enjoy resort-style living with access to a pool, spa, and clubhouse. This move-in ready unit is minutes from UNLV and the Walmart shopping center. Fully upgraded with fresh interior paint, matching quartz countertops, stainless steel appliances, modern lighting, and stylish bathrooms. Features large ceramic tile in high-traffic areas and plush new carpet in living spaces. Relax on your private patio with a screen for added privacy. Brand new water heater and BRAND NEW AC UNIT! HOA fee covers water & trash bill. All furnishings are negotiable with sale.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1996
- Lot Size
- 4,934 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,190 | 1,059.468 |
| Lot Size | 4,934 | 6,055.359 |
| Price | $229.9K | $225.8K |
| Price per sq ft | $193 | $213 |
| Built year | 1996 | 1996 |
| HOA | $357 | $254 |
| Days on market | 5 | 71 |
Pricing History
Listed for Sale
Sep 4, 2026
$229,900
Initial Listing
Sold
Sep 10, 2010
$55,000
Public Record