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For sale
  • $695,000

    1021 Valencia Rd, Key Largo, FL 33037

    3beds
    1,148sqft
    : 
    Single Family Residence
    Built in 2014
    5,227.2 Square Feet Lot
    $-- Zestimate®
    $605/sqft
    $-- HOA

    What's special

    Metal roofBrand new bedroom floorsCovered parkingBright open floor planFresh coat of paintThoughtful designFully fenced lot
    This is now an income producing property, lease signed for an annual tenant at $3500 a month! Lease starts May 1st, 2026! Purchase now and you have guaranteed income for a year!!Brand new bedroom floors and a fresh coat of paint make this move-in ready 3 bedroom, 2 bathroom CBS home shine from the moment you walk in. Built in 2014, this newer Key Largo property offers lower insurance potential thanks to its strong construction features including a metal roof, impact windows and doors, and elevated durability throughout.Located in the sought after Bahia Mar subdivision, the home sits on a fully fenced lot that delivers exceptional privacy with no neighbors across the street. The bright open floor plan includes brand new appliances, spacious living areas, and thoughtful design that suits both full-time living and seasonal use.Outside, enjoy covered parking and a generous yard with room to add a pool or outdoor entertaining space. The property backs directly to John Pennekamp Coral Reef State Park, providing quick access to boat launches and world-class water activities.This home combines modern construction, low maintenance features, and a peaceful setting, making it an ideal choice for first time home buyers, vacation home seekers, or anyone looking for a private coastal retreat in Key Largo.
    144 days
    |
    857
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    37
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 26, 2026 at 06:42am

    Listed by:

    Brooke Vega 305-394-5759,

    American Caribbean Real Estate, Christie's International Real Estate

    Source: FLKMLS,MLS#: 617159MLS LogoOriginating MLS: Florida Keys

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
      Features
      • Granite Counters
      • Flooring: Tile, Laminate
      • Doors: Impact Rstnce Doors
      • Windows: Impact Rstnce Window
      Interior area
      • Total interior livable area: 1,148 sqft

      Property

      Parking
      • Parking features: Carport, Covered, Off Street
      • Has carport: Yes
      Features
      • Patio & porch: Open Porch/Balcony
      • Fencing: Fenced
      • Water view: None
      • Waterfront features: None, Dockage: None
      Lot
      • Size: 5,227.2 Square Feet
      • Features: Less Than 1/4 Acre
      Details
      • Parcel number: 00545010000000
      • Zoning: IS
      • Zoning description: Improved Subivision District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS
      • Roof: Metal
      Condition
      • Year built: 2014

      Utilities & green energy

      • Electric: Elect Separate Meter
      • Sewer: Public Sewer
      • Water: Water Separate Meter
      • Utilities for property: FKAA, Cable Available, Buyer to Verify, Cable Connected

      Community & HOA

      Community
      • Subdivision: Bahia Mar (102.5)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key Largo

      Financial & listing details

      • Price per square foot: $605/sqft
      • Tax assessed value: $602,056
      • Annual tax amount: $5,099
      • Date on market: 11/3/2025
      • Listing terms: Cash,FHA,VA Loan,Conventional
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        12/8/2025Price change$695,000-6.7%$605/sqft
        Source: Key West AOR #617159 Report a problem
        8/19/2025Listed for sale$745,000$649/sqft
        Source: Key West AOR #614990 Report a problem
        5/20/2025Contingent$745,000$649/sqft
        Source: FLKMLS #614990 Report a problem
        5/12/2025Listed for sale$745,000+81.7%$649/sqft
        Source: FLKMLS #614990 Report a problem
        9/7/2018Sold$410,000+19.7%$357/sqft
        Source: Public Record Report a problem
        8/1/2016Sold$342,500-1.9%$298/sqft
        Source: FLKMLS #570987 Report a problem
        5/26/2016Listed for sale$349,000+16.7%$304/sqft
        Source: Blue 9 Realty, Inc. #570987 Report a problem
        9/19/2014Sold$299,000$260/sqft
        Source: FLKMLS #563602 Report a problem
        8/13/2014Pending sale$299,000$260/sqft
        Source: Realty World - Freewheeler (Islamorada) #563602 Report a problem
        8/13/2014Price change$299,000+12.8%$260/sqft
        Source: Realty World - Freewheeler (Islamorada) #563602 Report a problem
        6/4/2014Price change$265,000+12.8%$231/sqft
        Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #563109 Report a problem
        4/23/2014Price change$235,000+8.8%$205/sqft
        Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #563109 Report a problem
        2/7/2014Price change$216,000+8%$188/sqft
        Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #563109 Report a problem
        1/15/2014Listed for sale$200,000+344.4%$174/sqft
        Source: Freewheeler Realty Inc, DBA, Realty World - Freewheeler #563109 Report a problem
        1/18/2013Sold$45,000-9.8%$39/sqft
        Source: Public Record Report a problem
        10/18/2012Listed for sale$49,900+523.8%$43/sqft
        Source: Barbara Eads Realty, Inc. #559207 Report a problem
        11/5/2003Sold$8,000$7/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$5,424 +6.4%$550,504 +10%
        2024$5,099 +9.5%$500,458 +10%
        2023$4,656 +11.6%$454,962 +10%
        2022$4,174 +10.9%$413,602 +10%
        2021$3,764 +7.5%$376,002 +10%
        2020$3,502 $341,820 +1.5%
        2019$3,502 +1%$336,854 +6.6%
        2018$3,469 +3.5%$316,122 -0.7%
        2017$3,351 -0.3%$318,226 +26.3%
        2016$3,362 +16.2%$251,897 +4.1%
        2015$2,894 $241,924

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,943/mo
        Principal & interest
        $3468
        Property taxes
        $475
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          Climate risks

          Neighborhood: 33037

          Getting around

          34 / 100
          Car-Dependent
          76 / 100
          Very Bikeable

          Nearby schools

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