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New construction
    • $2,500,000

    117 La Paloma Rd, Key Largo, FL 33037

    5beds
    3,224sqft
    : 
    Single Family Residence
    Built in 2016
    7,405.2 Square Feet Lot
    $-- Zestimate®
    $775/sqft
    $-- HOA

    What's special

    Custom-built waterfront paradiseHeated poolEn-suite bathroomMetal roofSpacious deckAmple downstairs storageOutdoor shower
    Tropical Luxury meets Coastal Living in the heart of Key Largo! Welcome to 4 Palmas, your custom-built waterfront paradise! This stunning 2-story residence, built in 2016, was thoughtfully designed for privacy, comfort & entertaining.Boasting 3,224 sqft of interior living space, this home features 5 spacious bedrooms, highlighted by 2 expansive primary suites, 1 on each level & each featuring an en-suite bathroom & oversized walk-in closets. A total of 4 full bathrooms & 1 half bath, thoughtfully distributed for comfort & convenience. With 3 distinct living rooms, 2 indoors & 1 under the covered patio & two bars, the good times never end! The open-concept living spaces flow seamlessly into approximately 2,445 sqft of outdoor living space, which includes a covered outdoor patio with a full kitchen & grills, a heated pool & spacious deck. With a combined total of 5,669 sqft, there is no shortage of space for family & friends to enjoy unforgettable gatherings or simply relax & experience the true laid-back Florida Keys island life. A short stroll leads to your 50 foot dock nestled along a wide canal which offers effortless boat access & quick navigation to the open ocean, putting world-class fishing, diving, & snorkeling just minutes away. Easily launch a kayak from the convenient floating dock & explore the tranquil mangroves of nearby John Pennekamp State Park & experience the unmatched natural beauty of this unique coastal sanctuary. Easily access our beautiful Florida Bay via nearby Adams Cut. Additional highlights include an elevator, 4 balconies, ample downstairs storage for all your water toys & an outdoor shower. 4 Palmas was modernly constructed, built to withstand a CAT 5 hurricane & features complete impact windows & doors, & a metal roof. Whether you're looking for a dream home, a vacation getaway, or a high-demand rental property, this one checks every box. Don't miss your chance to own a slice of paradise on the ocean side of Key Largo!
    317 days
    |
    738
    |
    25
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 10, 2026 at 07:47am

    Listed by:

    Daniel Diaz 305-495-8138,

    Midtown Realty International

    Source: FLKMLS,MLS#: 614995MLS LogoOriginating MLS: Florida Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Ice Machine, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
      Features
      • Built-in Cabinets, Quartz Countertops, Tray Ceiling(s), Bar, Walk-In Closet(s), Storage, Elevator, Pantry, Wet Bar, Media Room, Other Specialty Room, Utility Room, Sun/Florida Room
      • Flooring: Tile
      • Doors: Impact Rstnce Doors
      • Windows: Drapes/Blinds Incl, Window Treatments, Impact Rstnce Window
      Interior area
      • Total interior livable area: 3,224 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Trailer Storage
      Accessibility
      • Accessibility features: Yes, Accessible Full Bath, Accessible Elevator Installed, Accessible Doors
      Features
      • Levels: 3 Stories,Multi/Split
      • Stories: 3
      • Patio & porch: Deck
      • Exterior features: Bar, Storage, Outdoor Shower, Outdoor Kitchen, Lighting, Rain Gutters, Built-in Barbecue
      • Has private pool: Yes
      • Pool features: Heated, Above Ground, Decked, Fiberglass
      • Fencing: Privacy,Fenced
      • Has view: Yes
      • View description: Canal, Water
      • Has water view: Yes
      • Water view: Canal,Water
      • Waterfront features: Canal Front, Waterfront, Dock: Composite, Dock Length: 50
      Lot
      • Size: 7,405.2 Square Feet
      • Features: Less Than 1/4 Acre
      Details
      • Additional structures: Workshop
      • Parcel number: 00547050000000
      • Zoning: IS
      • Zoning description: Improved Subivision District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Combo Construction
      • Roof: Metal
      Condition
      • New Construction,Updated/Remodeled
      • New construction: Yes
      • Year built: 2016

      Utilities & green energy

      • Electric: Elect Separate Meter
      • Sewer: Municipal Sewer, Public Sewer
      • Water: Water Separate Meter
      • Utilities for property: FKAA, Cable Available, Buyer to Verify
      Green energy
      • Energy efficient items: Thermostat, Lighting

      Community & HOA

      Community
      • Security: Smoke Detector(s), Security System, On Premises System, Other
      • Subdivision: Winston Waterway (102.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key Largo

      Financial & listing details

      • Price per square foot: $775/sqft
      • Tax assessed value: $1,339,202
      • Annual tax amount: $10,036
      • Date on market: 5/12/2025
      • Listing terms: Cash,Conventional
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        Estimated market value

        Not available

        Estimated sales range

        Not available

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        Price history

        Price history
        DateEventPrice
        10/24/2025Price change$2,500,000-6.7%$775/sqft
        Source: Key West AOR #614995 Report a problem
        8/14/2025Price change$2,680,000-6%$831/sqft
        Source: FLKMLS #614995 Report a problem
        6/12/2025Price change$2,850,000-5%$884/sqft
        Source: Key West AOR #614995 Report a problem
        5/12/2025Listed for sale$3,000,000+1352.8%$931/sqft
        Source: FLKMLS #614995 Report a problem
        7/2/2014Sold$206,500-8.2%$64/sqft
        Source: Public Record Report a problem
        4/8/2005Sold$225,000$70/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$9,017 -10.2%$1,057,410 -5.3%
        2024$10,036 +6.6%$1,116,216 +10%
        2023$9,418 +11.6%$1,014,742 +10%
        2022$8,440 +12.3%$922,493 +10%
        2021$7,512 +3.2%$838,630 +4.3%
        2020$7,280 $804,205 -3.2%
        2019$7,280 +1.6%$830,635 +3.1%
        2018$7,164 +4.4%$805,286 +3.8%
        2017$6,863 +6.6%$775,713 +287.1%
        2016$6,439 +259.3%$200,378 +48.7%
        2015$1,792 $134,737

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $14,451/mo
        Principal & interest
        $12743
        Property taxes
        $1708
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          Climate risks

          Neighborhood: 33037

          Getting around

          15 / 100
          Car-Dependent
          54 / 100
          Bikeable

          Nearby schools

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